By Tony Murphy
PRAISE FOR ACHIEVING enterprise price FROM TECHNOLOGY
"Clearly, IT investments have by no means ahead of performed this sort of severe half in company progress. The ebook addresses the weak point latest in such a lot administration platforms concerning the inability of a scientific method to achieve the commercial advantages of the IT funding and gives a transparent A-Z method for enterprise to bridge this hole. This publication is obviously written for all degrees and backgrounds in company administration and is a must-do for these whose enterprise comprises IT, is thinking about IT, or want to considerably tailor IT investments for his or her fiscal advantage."
—Professor Richard P. Wool, college of Delaware, President and CEO, Cara Plastics Inc.
"Tony Murphy addresses the tough query of the price of IT investments head on. He interprets a sublime concept into potent perform. The case experiences within the ebook successfully strengthen his key messages."
—Dr. Dermot Moynihan, Senior vice chairman, around the world Chemical improvement, GlaxoSmithKline
"This publication is the reply to so much CIOs' want for a well-structured, pragmatic, and simply carried out set of instruments and practices designed to respond to the common challenge of handling and measuring it really is contribution to the enterprise. Tony Murphy's exact mixture of functional adventure, top perform, and perfect verbal exchange abilities presents the reader with a valuable-and hugely readable-guide on how top to accomplish that elusive goal of reliably knowing the enterprise merits of IT investments."
—Michael Rice, oup Director of IT, Kerry crew plc
"At Oxfam we're 365 days right into a three-year IT method according to the rules Tony Murphy lays out during this publication, and there's a genuine, optimistic distinction in the way it is perceived, and in its actual strategic place in the association. in case you have ever puzzled simply how one can achieve strategic alignment on your IT functionality, after which tips on how to make the sensible hyperlink to IT funding for the association, Tony has supplied a framework that joins them both."
—Simon Jennings, Head of data platforms, Oxfam GB
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Additional info for Achieving Business Value from Technology: A Practical Guide for Today's Executive
This complexity undermines senior management’s understanding and opens the way for manipulation by the cognoscenti. Although this danger is now receding as a better understanding of the dynamics of office productivity begins to take hold, the idea that deeper analysis leads to deeper understanding still has adherents. ■ THE VALUE OF FINANCIAL TECHNIQUES FOR IT INVESTMENT APPRAISAL Having identified the limitations of these techniques, their valuable characteristics should not be overlooked. One of the most important of these is the time-value of money concept.
If this is accepted, all tasks can be evaluated individually, timed and controlled, and therefore measured in terms of productivity. This complexity undermines senior management’s understanding and opens the way for manipulation by the cognoscenti. Although this danger is now receding as a better understanding of the dynamics of office productivity begins to take hold, the idea that deeper analysis leads to deeper understanding still has adherents. ■ THE VALUE OF FINANCIAL TECHNIQUES FOR IT INVESTMENT APPRAISAL Having identified the limitations of these techniques, their valuable characteristics should not be overlooked.
Once the system is in place, let’s get it working as best we can and let’s not get into the blame game. This sounds reasonable, but it is a dangerous fallacy. First, it’s difficult to solve a problem if you don’t know what went wrong and why. Second, the opportunity for organizational learning is lost. This is a vital consideration because the same mistakes are likely to be repeated with the next project. 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.
Achieving Business Value from Technology: A Practical Guide for Today's Executive by Tony Murphy