Achieving Business Value From Technology - download pdf or read online
By Tony Murphy
Total this publication introduces a framework of IT funding with actual definitions, sound useful advices, robust specialise in price dimension of IT. i believe it's a solid reference for IT Strategic Consultant.The framework is so referred to as 3P: 5 Pillars, approach, humans. The 5 Pillars are Strategic alignment, enterprise strategy impression, structure, Direct Payback, danger. Weighting and scoring approach is seriously used on the making plans and research degree whereas quantitative dimension of every of the 5 Pillars is very emphasised by way of the writer.
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Additional resources for Achieving Business Value From Technology
If a project fails to deliver, it is important to understand the causes. This should be seen as a learning and corrective process rather than one of blame allocation. If projects continue to go wrong, then clearly blame lies somewhere, and the problem should be found. ➤ IT Is Now a Strategic Resource Finally, IT has, over this evolutionary period, become a key strategic enabler. Not only an enabler, but a driver of strategic initiatives in its own right, especially in telecommunications and financial services.
Under the broad classification of ebusiness, organizations across the globe now collaborate in real time. The impetus of e-business and virtually integrated Pillar 3: Architecture ➤ 53 enterprise (VIE) is extending the reach and range of business relationships. Meanwhile, IT and telecommunications have converged to enable work practices that were previously considered nonviable. By changing how, when, where, and with whom people communicate and collaborate, these forces are having a substantial impact on the IT architecture.
This is to be expected, because they reflect their origins in hierarchical, task-oriented, organizational structures, stemming from another time, which are unsuited for today’s business environment. Again, Industrial Age thinking for Information Age problems. This is not to say that such methods do not have a role. ROI, based on realistic cost benefit analysis, is, particularly when discounted, a vital component of most evaluation exercises. However, it is only one component. The problem today is that the formalized evaluation process in so many organizations continues to rely on these methods—in particular, the costbenefit analysis (CBA)—alone.
Achieving Business Value From Technology by Tony Murphy