By Tony Murphy
Total this e-book introduces a framework of IT funding with actual definitions, sound useful advices, powerful concentrate on price size of IT. i believe it's a strong reference for IT Strategic Consultant.The framework is so known as 3P: 5 Pillars, method, humans. The 5 Pillars are Strategic alignment, enterprise strategy impression, structure, Direct Payback, threat. Weighting and scoring approach is seriously used on the making plans and research degree whereas quantitative size of every of the 5 Pillars is very emphasised via the writer.
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Extra resources for Achieving Business Value From Technology
Technologies that support these goals and initiatives are more likely to make an impact on the enterprise if they complement process and business model enhancements and are more likely to be supported by business unit and senior management. ■ PILLAR 2: BUSINESS PROCESS IMPACT I have already referred frequently to the changes that have occurred to business models in recent years. This book is mainly about meeting the new challenges posed by these developments 46 ➤ THE FIVE PILLARS OF BENEFITS REALIZATION when it comes to investment in IT.
This need not be a problem if it is recognized. However, the sheer volume of statistics and the precision with which they are applied can generate a spurious appearance of reliability. This can, and does, translate into an equally spurious feeling of satisfaction among those responsible for the evaluation process. Key areas of value-added business such as customer satisfaction, quality, speed to market, and competitive response will never be approved on the basis of measures that focus on the financially quantifiable.
That is, where an initial surge of value rapidly peters out due usually to inflexibility and lack of future-proofing. 1. ➤ The Secretive Bank In relation to the bank and the data warehouse, the problem here was undoubtedly a disconnect between high-level business planning (that is, strategy) and the IT investment process. Top management took the view that having allocated the financial and technical resources, their job was done in relation to this project apart from occasional updates on progress.