Beschreibung
Learn to measure and manage the real value of IT investment and spending IT investments are becoming more than just business enablers or assets on the books; they provide capability that can drive the business. Thought leadership should migrate towards information investment, getting a bigger bang for the buck from the ''I'' in IT and from the ''I'' in CIO. Your organization needs a new kind of IT investment management system, built to optimize the IT value-creation of the company network. Just looking at financial or accounting measures of value is a short-term focus and a lag indicator, while focusing on productivity measures does nothing for the intangible value and intellectual capital generated. The IT Value Network: From IT Investment to Stakeholder Economic Value incorporates new emerging decision support methods, such as real options, which are considered to complement traditional financial measures. Organizational and informational economic based techniques are also incorporated to manage and assess IT investments, including the balanced scorecard (BSC), and investment and portfolio management; in addition to coverage of IT key performance indicators and competitive benchmarking. The IT Value Network: * Provides a proven framework to unlock and realize IT value, which bridges the value gap between the CIO and business partners, especially the CFO and the Board * Shows how value needs to be triangulated with other stakeholder/scorecard measures * Provides a six degrees of IT value model and maturity model for managing IT investment * Includes cases and implementation guidance making the methodology easy to apply In the current economic climate, the tendency is to focus IT investments on short-term profitability. The IT Value Network offers a forward-looking perspective, challenging you to align IT spending more effectively to the company business strategy, value system, and the business network, for sustained competitive advantage or network advantage.
Inhaltsverzeichnis
Foreword. Preface. Acknowledgments. Part One: Status Quo - Where''s The Value? Chapter 1: IT Investment. Sticker Shock. Six Decades of IT Investment. IT Investment Trends. IT Investment Classification: Four "S" Model. Future IT Investment. Chapter 2: Conventional IT Valuation. Bottom Line. Shareholder Value Maximization. Conventional Asset Valuation. Challenging Conventional Norms. Lost Value. Chapter 3: Banking Value. Financial Services Industry Global IT Investment. North American Banking Industry. North American Banking Market Challenges. Banking Industry IT Value Observations. NA Bank Case IT Investment Observations. Part Two: Triangulating The Value - Somewhere Here. Chapter 4: IT Value Network Measurement. Identifying Investment. Justifying Investment. Prioritizing Investment. Selecting Investment. Performance of Investment. Realizing Value from Investment. Chapter 5: IT Value Network Measures: Financial-Based Methods. Traditional Financial and Accounting Techniques. Emerging Financial Techniques. Emerging Decision Support Techniques. Value-Creation Business Case. Chapter 6: IT Value Network Measures: Organizational-Based Methods. Conventional Planning Techniques. Emerging Organizational Management Techniques. Emerging Information Economics Techniques. Chapter 7: Triangulating IT Investment Value. Value Index and Value Lens. IT Value Portfolio. Part Three: Six Degrees Of Value - There It Is. Chapter 8: IT Value Network Management. Value Capture. Value Enabling. Value Optimization. Value Realization. Chapter 9: First Degree. Value System. Process and System Improvement. Chapter 10: Second Degree. Strategic Planning. Portfolio Governance. Chapter 11: Third Degree. IT Systems and Infrastructure Capability/Capacity. Organiation and People Capability/Capacity. Chapter 12: Fourth Degree. Program and Project Management. System Management. Chapter 13: Fifth Degree. Service Management. Information Management. Chapter 14: Sixth Degree. Networked Value Management. Part Four: It Value Network Clients- Did It, Got It. Chapter 15: NA Bank. Challenge: Strategic IT Investment Alignment. Solution: IT Value Network. Impact: IT Investment Redirection for Higher Value Capture. Chapter 16: Nortel Networks (Nortel). Challenge: Speed of Market Change. Solution: IT Value Network. Impact: IT Reorganization and Improved Capability for Value Enabling. Chapter 17: Indigo Books And Music (Indigo). Challenge: Project Management. Solution: IT Value Network. Impact: Project Management Office Driven Value Optimization. Chapter 18: Na Credit Union. Challenge: Credit Union Merger. Solution: IT Value Network. Impact: Successful Bank Integration for Value Realization. Part Five: Emerging Reality - Do It, Value It. Chapter 19: Forward Thinking. Value Networks. Value Systems. Value Options. Maximizing Stakeholder Economic Value. Chapter 20: Joining The Dots. IT Value Network Maturity Model. IT Value Network Checklist. Collaboration for Network Advantage. Value IT. Glossary. Notes. About the Author. Index.
Autorenporträt
InhaltsangabeHow much should management care about IT investment and value? A lot. Many managers see IT as just a necessity of doing business or business enabler, not a powerful capability that can drive the business. The truth is, your organization won't see optimal results without effective IT value-based management. It's time to get the most bang from your IT buck. Strategic and forward-looking, The IT Value Network: From IT Investment to Stakeholder Value offers an innovative perspective, challenging you to align IT spending more effectively to your company's business strategy, value system, and the business network for sustained competitive and network advantage. A true road map for value-creation, realizing bottom-line dollars and intellectual capital, The IT Value Network: From IT Investment to Stakeholder Value reveals: * A proven framework to unlock and realize IT value, bridging the value gap between the CIO and business partners, especially the CFO and the board * How value needs to be triangulated using various financial-based and organization-based measures, applying the IT value index scorecard and the IT value portfolio * Six degrees of IT value management to maximize stakeholder economic value * Case studies demonstrating how four companies in the banking, financial, retail, and high-tech/telecommunications industries realized IT value * IT value maturity model, checklist, and toolkit for easy implementation Maximize stakeholder economic value. Gain sustained competitive advantage or network advantage from IT investment and spending. Lead your entire organization to new realms of success in today's challenging economic climate, through the visionary methods and techniques found in The IT Value Network: From IT Investment to Stakeholder Value.