By Tony Murphy
PRAISE FOR ACHIEVING company worth FROM TECHNOLOGY
"Clearly, IT investments have by no means earlier than performed this sort of severe half in company development. The booklet addresses the weak spot latest in so much administration structures concerning the inability of a scientific strategy to gain the commercial advantages of the IT funding and offers a transparent A-Z method for enterprise to bridge this hole. This e-book 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 wish to considerably tailor IT investments for his or her fiscal advantage."
—Professor Richard P. Wool, collage of Delaware, President and CEO, Cara Plastics Inc.
"Tony Murphy addresses the tricky query of the price of IT investments head on. He interprets a chic idea into powerful perform. The case reviews within the booklet successfully strengthen his key messages."
—Dr. Dermot Moynihan, Senior vice chairman, all over the world Chemical improvement, GlaxoSmithKline
"This ebook is the reply to such a lot CIOs' desire for a well-structured, pragmatic, and simply applied set of instruments and practices designed to respond to the common challenge of coping with and measuring it really is contribution to the enterprise. Tony Murphy's distinctive mixture of sensible event, top perform, and ideal communique talents offers the reader with a valuable-and hugely readable-guide on how top to accomplish that elusive goal of reliably understanding the enterprise advantages of IT investments."
—Michael Rice, oup Director of IT, Kerry staff plc
"At Oxfam we're three hundred and sixty five days right into a three-year IT procedure in keeping with the rules Tony Murphy lays out during this e-book, and there's a genuine, confident distinction in the way it is perceived, and in its actual strategic place in the association. in case you have ever questioned simply how one can achieve strategic alignment in your IT functionality, after which the way to make the sensible hyperlink to IT funding for the association, Tony has supplied a framework that joins them both."
—Simon Jennings, Head of knowledge platforms, Oxfam GB
Read or Download Achieving Business Value from Technology: A Practical Guide for Today's Executive PDF
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Additional info for Achieving Business Value from Technology: A Practical Guide for Today's Executive
This creates the network effect of adding another node—the more you automate, the more integration will be required, and it will grow geometrically rather than linearly. ➤ Larger and More Complex IT Solutions IT solutions are expanding in range, scope, and complexity. The Internet and the Web immediately spring to mind, but other areas, including the consolidation of electronic messaging (e-mail, workflow, document management), supply chain integration, and middleware, all pose new complexity challenges.
In other words, a 40 percent throw factor (a common figure in my experience) would require savings of $200,000 where development and operational costs were estimated to be $140,000. Normal standards would have applied to hardware purchases. In fact, exhaustive tests were performed on comparative hardware. Processor speeds, storage device capacity, input/output performance, and printer throughput were examined in detail, but individual application proposals were assessed in fairly basic terms. The emphasis was strongly on minimizing cost.
Qxd 8/2/02 8:26 AM Page 15 Some Historical Perspective ➤ ➤ ➤ ➤ ➤ 15 possessed superior functionality to those produced in-house. Cheaper software: The cost of software underwent a similarly radical transformation. Typically, an integrated accounting package, which may have entailed up to 10 or even 20 years to produce in-house, (in financial terms, maybe up to half a million dollars) was now available for a few thousand dollars. User-defined systems: Within a couple of years of the introduction of the PC, simplified application development tools, designed for inexperienced computer users, became available.