Adding Value to the IT Organization
Managing IT like a business? Here is another tool to assist you.
The current stage of information technology (IT) evolution focuses on moving from a technology-based to a services-based orientation. To that end, IT leadership has had to shift from focusing primarily on technological issues to learning to manage IT like a business, with IT services as the primary ‘‘product’’ produced and consumed by customers. The Component Business Model for the Business of IT (CBMBoIT) provides a powerful, flexible new perspective of IT as a means to assist with strategic decision making. The foundation of CBMBoIT is the IBM Process Reference Model for IT (PRM-IT), which describes the underlying process activity flows. This paper describes the Component Business Model and the PRM-IT and gives examples of IT environments in order to illustrate how using these models can aid executives in illuminating strategic options that may be overlooked using conventional atomistic approaches.
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Applied Information Economics (AIE) is a method for quantifying the value of IT investments. This overview of AIE provides an overview of key IT decision problem, how AIE solves them and how AIE is different from other methods.
Framework to measure the value of IT investments in not for profit organizations such as public or government entities. Business-IT alignment From a Value-Based Perspective covers the basics of it alignment, value modeling as a tool and provides an overview of VITAL - Value-based IT Alignment.
This one page poster summarizes the business value creation relationships - how to create business value? who does what in creating business value? how is everything connected - from business to IT and everything in between. This is an excellent reso... Cloud computing business case to justify based on return on investment (ROI) and total cost of ownership (TCO) This paper introduces Economic Value Added (EVA) in simple, easy to understand terms. This comprehensive study explores ways to get the biggest bang from the IT buck. An excellent example of assessing IT capability through internal evaluation and external benchmarking to arrive at a cost optimized maximum business value generating IT ... This presentation introduces Earned Value Management Systems (EVMS) in simple, easy to understand terms with practical examples. This paper explains in depth the Economic Value Added (EVA) framework, its proper use and compares the framework to other value measurement frameworks. Value-based IT Alignment (VITAL) overview and discussion on basic underlying principles and components of this it value based framework. Want to measure the value of IT? Intel has proposed a solution based upon its "Business Value Index." Attached is an introduction to the methodology. This article discusses measuring IT Value with a service-oriented approach based on ITIL. This presentation discusses the valuation of intangible assets - a great tool to assess the value of information technology and related assets This white paper discusses unit of work model pricing model for application services - identifying, measuring and pricing units of work is described for outsourcing work that can be adapted for an internal IT organization run as a business as well. The authors make a case for value driven pricing for professional services first analyzing the costs of ineffective pricing and then the key elelments of a profitable pricing strategy for professional services. The paper also introduces a framework f... This article discusses the importance of service excellence and introduces a six dimensional framework to turbo charge your customer management strategy. Guide to Information Technology Total Cost of Ownership (TCO) provides a model to identify, select and fund the best IT projects. Does organizational culture help or hinder business IT alignment? The authors' research shows that "firms with more congruent cultures had higher levels of strategic alignment maturity." A framework to calculate the total cost of ownership (TCO) of a data center and network room. This whitepaper summarizes key factors to consider in a platform cost comparison that evaluates financial costs and benefits of mainframe and distributed platforms. This white paper uses the total cost of ownership (TCO) model to evaluate advanced store system software. This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Virtual Queuing Solutions. The document shows all calculations and assumptions that go into creating this business case using Total Eco... This presentation explains what a business model is and how to use it for value creation. Excellent read! How can managers turn IT into something more than infrastructure? Read On!
Posted on 05/21/2009 by