IT Investment: Making a Business Case

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Author :
Publisher : Routledge
ISBN 13 : 1136390871
Total Pages : 210 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis IT Investment: Making a Business Case by : Dan Remenyi

Download or read book IT Investment: Making a Business Case written by Dan Remenyi and published by Routledge. This book was released on 2012-05-16 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frequently not enough attention is given to producing a comprehensive business case or to producing an economic justification for an information systems investment. In fact many organizations are not clear as to what constitutes a sound business case and how to go about producing one. This Professional level book for the Computer Weekly Professional Series will show how to go about justification for I.T. spend. This book is designed for all those who are involved in the decision to invest in information systems. This book is especially relevant to senior business executives, senior financial managers and IT executives. Business consultants, computer and corporate advisors will also find the ideas and material addressed in this text of particular benefit as will anyone involved in corporate and strategic planning. In addition, senior students such as those working towards their MBAs will find this book of use. A business case is a statement or a series of statements that demonstrate the economic value of a particular intervention, a course of action or a specific investment. A business case is not simply a financial forecast of the hardware and software costs and the expected benefits. A business case for an information systems investment involves a comprehensive understanding of both the likely resources as well as the business drivers which will assist business managers improve their performance and thereby obtain a stream of benefits from the investment. In general there are approximately six steps in producing a business case for an information systems investment. 1. Determine the high-level business outcomes that will be clearly and comprehensively expressed as a set of opportunities the organization can take advantage of, or problems that need to be rectified. 2. Identify the corporate critical success factors that will be supported or enhanced by the operation of the completed information systems project or investment. 3. Create a list of specific and detailed outcomes or benefits, their appropriate metrics, measuring methods and responsibility points that are represented by the stakeholders. 4. Quantify the contribution made by the outcomes, which requires associating numbers or benefit values with outcomes where this is possible. 5. Highlight the risks associated with the project. Fundamental to this new approach to developing a business case for information systems investment is the fact that it incorporates much more than the financial numbers which are typically found in the standard approach to a feasibility study. This approach looks behind the financial numbers to the improvements in business performance which are facilitated by information systems and which are the real drivers of the benefits. Furthermore, this approach to developing a business case allows the organization to manage the process so that the required results are achieved.

Making the Software Business Case

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Author :
Publisher : Pearson Education
ISBN 13 : 0768685087
Total Pages : 378 pages
Book Rating : 4.7/5 (686 download)

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Book Synopsis Making the Software Business Case by : Donald J. Reifer

Download or read book Making the Software Business Case written by Donald J. Reifer and published by Pearson Education. This book was released on 2001-09-05 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Just the understanding and insights you will pick up about how people encounter and cope with combinations of technical, social, political, and economic opportunities and challenges make the book a joy to read and worth much more than the price of it alone." --Barry Boehm, from the Foreword This practical handbook shows you how to build an effective business case when you need to justify--and persuade management to accept--software change or improvement. Based on real-world scenarios, the book covers the most common situations in which business case analyses are required and explains specific techniques that have proved successful in practice. Drawing on years of experience in winning the "battle of the budget," the author shows you how to use commonly accepted engineering economic arguments to make your numbers "sing" to management. The book provides examples of successful business cases; along the way, tables, tools, facts, figures, and metrics guide you through the entire analytic process. Writing in a concise and witty style, the author makes this valuable guidance accessible to every software engineer, manager, and IT professional. Highlights include: How and where business case analyses fit into the software and IT life cycle process Explanations of the most common tools for business case analysis, such as present-value, return-on-investment, break-even, and cost/benefit calculation Tying the business process to the software development life cycle Packaging the business case for management consumption Frameworks and guidelines for justifying IT productivity, quality, and delivery cycle improvement strategies Case studies for applying appropriate decision situations to software process improvement Strategic guidelines for various business case analyses With this book in hand, you will find the facts, examples, hard data, and case studies needed for preparing your own winning business cases in today's complex software environment.

IT Investment: Making a Business Case

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Author :
Publisher : Routledge
ISBN 13 : 1136390863
Total Pages : 226 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis IT Investment: Making a Business Case by : Dan Remenyi

Download or read book IT Investment: Making a Business Case written by Dan Remenyi and published by Routledge. This book was released on 2012-05-16 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frequently not enough attention is given to producing a comprehensive business case or to producing an economic justification for an information systems investment. In fact many organizations are not clear as to what constitutes a sound business case and how to go about producing one. This Professional level book for the Computer Weekly Professional Series will show how to go about justification for I.T. spend. This book is designed for all those who are involved in the decision to invest in information systems. This book is especially relevant to senior business executives, senior financial managers and IT executives. Business consultants, computer and corporate advisors will also find the ideas and material addressed in this text of particular benefit as will anyone involved in corporate and strategic planning. In addition, senior students such as those working towards their MBAs will find this book of use. A business case is a statement or a series of statements that demonstrate the economic value of a particular intervention, a course of action or a specific investment. A business case is not simply a financial forecast of the hardware and software costs and the expected benefits. A business case for an information systems investment involves a comprehensive understanding of both the likely resources as well as the business drivers which will assist business managers improve their performance and thereby obtain a stream of benefits from the investment. In general there are approximately six steps in producing a business case for an information systems investment. 1. Determine the high-level business outcomes that will be clearly and comprehensively expressed as a set of opportunities the organization can take advantage of, or problems that need to be rectified. 2. Identify the corporate critical success factors that will be supported or enhanced by the operation of the completed information systems project or investment. 3. Create a list of specific and detailed outcomes or benefits, their appropriate metrics, measuring methods and responsibility points that are represented by the stakeholders. 4. Quantify the contribution made by the outcomes, which requires associating numbers or benefit values with outcomes where this is possible. 5. Highlight the risks associated with the project. Fundamental to this new approach to developing a business case for information systems investment is the fact that it incorporates much more than the financial numbers which are typically found in the standard approach to a feasibility study. This approach looks behind the financial numbers to the improvements in business performance which are facilitated by information systems and which are the real drivers of the benefits. Furthermore, this approach to developing a business case allows the organization to manage the process so that the required results are achieved.

The Business Case for Learning

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Author :
Publisher :
ISBN 13 : 9781588549129
Total Pages : pages
Book Rating : 4.5/5 (491 download)

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Book Synopsis The Business Case for Learning by :

Download or read book The Business Case for Learning written by and published by . This book was released on 2017-03-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimize Human Capital Investments

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Author :
Publisher : Dog Ear Publishing
ISBN 13 : 9781457513800
Total Pages : 132 pages
Book Rating : 4.5/5 (138 download)

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Book Synopsis Optimize Human Capital Investments by : Frank J. DiBernardino

Download or read book Optimize Human Capital Investments written by Frank J. DiBernardino and published by Dog Ear Publishing. This book was released on 2012-09 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making the "hard" business case for human capital investments isone of HR's greatest challenges. In this groundbreaking work, human capital analytics and strategy expert Frank DiBernardino provides a powerful method that links human capital investment performance with shareholder value. Using the formulas and methods described in this book will change the nature of the conversation about human resource initiatives in the C-suite. They will help HR build a "hard" business case linked to the financials that demonstrate the measurable value of people-centered initiatives. Praise for Optimize Human Capital Investments"The Vienna Index is an excellent and efficient tool to capture and analyze the true cost and productivity of all of the human capital engaged in the organization. The Vienna approach provides reliable, comprehensive and complete measurement that is consistent globally. It is the future of human capital analytics. "Thomas P. Clardy Formerly Senior Vice President Human Resources, QVC "As a former CFO who relied heavily on metrics to help support the management of disparate businesses, I welcome Frank DiBernardino's contribution to the management toolkit. For too long, managers have been limited by their inability to quantify, at an organizational level, the contribution of their human capital to the success of their business. With this book, Frank introduces us to a new way to measure and track our progress toward improving not only the efficiency, but also the effectiveness of an organization's human capital." Frank C. Zirnkilton, Jr.Managing Director Broad Reach Management LLC In my leadership role with the Graduate programs in Human Resource Development at Villanova, I am continually seeking innovations that will provide strategic advantage for human resource executives.Frank DiBernardino has provided a breakthrough contribution with the formulas and analytic methods described in Optimize Human Capital Investments. Frank has made the "hard" business case for human capital investments. HR leaders can use Frank's important contributions to the human capital analytics body of knowledge as the basis for making their own advancement to quantifying human capital. David P. Bush Ph.D.Director, Graduate Programs in Human Resource Development Villanova University

HBR Guide to Building Your Business Case

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Author :
Publisher : Harvard Business Press
ISBN 13 : 1633690024
Total Pages : 178 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis HBR Guide to Building Your Business Case by : Raymond Sheen

Download or read book HBR Guide to Building Your Business Case written by Raymond Sheen and published by Harvard Business Press. This book was released on 2015 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: "You've got a great idea that will increase revenue or productivity--but how do you get approval to make it happen? By building a business case that clearly shows its value. Maybe you struggle to win support for projects because you're not sure what kind of data your stakeholders will trust, or naysayers always seem to shoot your ideas down at the last minute. Or perhaps you're intimidated by analysis and number crunching, so you just take a stab at estimating costs and benefits, with little confidence in your accuracy. To get any idea off the ground at your company you'll have to make a strong case for it. This guide gives you the tools to do that"--

Making Technology Investments Profitable

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118028600
Total Pages : 320 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Making Technology Investments Profitable by : Jack M. Keen

Download or read book Making Technology Investments Profitable written by Jack M. Keen and published by John Wiley & Sons. This book was released on 2011-03-31 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to getting the crucial business case right?every time Showing professionals how to calculate the value of typical budgeting and funding requests quickly and easily, Making Technology Investments Profitable, Second Edition applies the "Value Realization" process, using proven strategies that maximize the business payoff from IT projects. Filled with case studies, this innovative book enables managers to confidently quantify, in a matter of minutes, the true business value of funding a desired project. New edition explains how to proactively manage the conversion of a business case's value promise to its value realization Includes dozens of new case studies on realizing maximum value from IT enabled investments from various industries and around the world New checklists and tables A dedicated Web site containing additional material, case studies, chat rooms, and blogs on the value-realization process The Second Edition provides senior executives, project managers, and technical staff with new insights on how to get the crucial business case right, while also explaining how to proactively manage the conversion of the business case's value promise into the value reality of a completed project.

Making the Business Case

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Author :
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409460606
Total Pages : 204 pages
Book Rating : 4.4/5 (94 download)

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Book Synopsis Making the Business Case by : Mr Ian Gambles

Download or read book Making the Business Case written by Mr Ian Gambles and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: A good business case is so much more than simply the means to justify a decision. A well-written and well-researched business case will secure funding; make sure any project stays on the right side of regulation; mobilize support for the cause; provide the platform for managing the project and the benchmark against which to measure progress. Ian Gambles' Making the Business Case shows you how to make sense of the task at hand, develop a strategy, articulate your options, define the benefits, establish the costs, identify the risks and make a compelling case. Just as with the best business cases, the text is concise, jargon-free and easy to read; illustrated throughout with practical examples drawn from real cases and including reflective exercises at the end of each chapter to help you consolidate what you have learned. At only 198 pages long, this is a jewel of a book; essential reading for the manager tasked with making the business case, the senior manager who needs to understand and test it, and the project manager who is responsible for delivering whatever is agreed on.

Developing a Business Case

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Author :
Publisher : Harvard Business Press
ISBN 13 : 1422172627
Total Pages : 129 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Developing a Business Case by : Harvard Business Review

Download or read book Developing a Business Case written by Harvard Business Review and published by Harvard Business Press. This book was released on 2010-12-02 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do you decide on the best course of action for your company to take advantage of new opportunities? By building a business case. This book provides a framework for building a business case. You'll learn how to: Clearly define the opportunity you'll want to address in your business case Identify and analyze a range of alternatives Recommend one option and assess its risks Create a high-level implementation plan for your proposed alternative Communicate your case to key stakeholders

The Business Case Guide

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Author :
Publisher : Solution Matrix
ISBN 13 : 9781929500017
Total Pages : 254 pages
Book Rating : 4.5/5 ( download)

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Book Synopsis The Business Case Guide by : Marty J. Schmidt

Download or read book The Business Case Guide written by Marty J. Schmidt and published by Solution Matrix. This book was released on 2002 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How to Write a Great Business Plan

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Author :
Publisher : Harvard Business Review Press
ISBN 13 : 1633691314
Total Pages : 73 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis How to Write a Great Business Plan by : William A. Sahlman

Download or read book How to Write a Great Business Plan written by William A. Sahlman and published by Harvard Business Review Press. This book was released on 2008-03-01 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.

Making the Compelling Business Case

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Author :
Publisher : Springer
ISBN 13 : 1137340576
Total Pages : 263 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Making the Compelling Business Case by : W. Messner

Download or read book Making the Compelling Business Case written by W. Messner and published by Springer. This book was released on 2013-11-26 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing the necessary background information and hands-on tools to build compelling business cases, this book will increase the reader's capability to champion new business development ideas, take them to senior management, and facilitate the decision process by understanding the key theories and practices of finance and corporate investments.

Rethinking Corporate Sustainability in the Era of Climate Crisis

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Author :
Publisher : Springer Nature
ISBN 13 : 3030773183
Total Pages : 163 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Rethinking Corporate Sustainability in the Era of Climate Crisis by : Raz Godelnik

Download or read book Rethinking Corporate Sustainability in the Era of Climate Crisis written by Raz Godelnik and published by Springer Nature. This book was released on 2021-06-26 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a clear, critical, and timely analysis of the state of corporate sustainability within the context of the climate crisis. It offers not only a substantive critique of the current efforts but also clarity about the changes needed and how to implement them. The book goes beyond the more common debate on shareholder capitalism vs. stakeholder capitalism to explain the shortcomings of the current approach to sustainability in business, which the author describes as sustainability-as-usual. Using strategic design lenses, the author proposes a new model of awakened sustainability, which offers a transformational shift in corporate sustainability to ensure companies fairly and effectively address the climate crisis. The book presents the numerous changes needed in the environment in which companies operate to enable awakened sustainability and how these changes can be realized. Grounded in the scientific community’s calls for urgent action on climate change, this groundbreaking text provides scholars with an evaluation of current and future trends in corporate sustainability. It connects the dots between the progress made in the last five decades and the opportunities entailed in the work on a regenerative and just vision for companies in this decade and beyond.

Making the Business Case

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Author :
Publisher : Bookboon
ISBN 13 : 8776819507
Total Pages : 59 pages
Book Rating : 4.7/5 (768 download)

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Book Synopsis Making the Business Case by :

Download or read book Making the Business Case written by and published by Bookboon. This book was released on with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inspiration for Innovation

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Author :
Publisher : BIS Publishers
ISBN 13 : 9789063694968
Total Pages : 0 pages
Book Rating : 4.6/5 (949 download)

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Book Synopsis Inspiration for Innovation by : BIS Publishers

Download or read book Inspiration for Innovation written by BIS Publishers and published by BIS Publishers. This book was released on 2019-02-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspires you how to develop an innovative mindset, start innovation in practice, ideate new ideas, create a culture for innovation and how to implement innovation projects.

Design: A Business Case

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Author :
Publisher : Business Expert Press
ISBN 13 : 1952538270
Total Pages : 221 pages
Book Rating : 4.9/5 (525 download)

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Book Synopsis Design: A Business Case by : Brigitte Borja de Mozota

Download or read book Design: A Business Case written by Brigitte Borja de Mozota and published by Business Expert Press. This book was released on 2020-08-24 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design: A Business Case challenges you to stimulate innovation in your own organization as an ongoing and integral dialogue between complementary skills–to bridge mind and matter, image and identity. Design thinking is a framework developed to ensure C-suite endorsement of the pursuit of design excellence in all actions undertaken by the organization. Design management is a rigorous and strategically anchored mechanism to capitalize on the investment in design as intellectual capital. And design – as we’ve always known it – is the skills, methods and creative capabilities needed to embody ideas and direction. Design thinking inspires, design management enables, design embodies. This book aims to build the bridges needed to reconcile the three, and to encourage organizational and professional environments in which their combined forces can thrive and reverberate.

Holistic Assessment of Process Mining in Indirect Procurement

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Author :
Publisher : Springer Nature
ISBN 13 : 3658414537
Total Pages : 116 pages
Book Rating : 4.6/5 (584 download)

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Book Synopsis Holistic Assessment of Process Mining in Indirect Procurement by : Vaishali Pawar

Download or read book Holistic Assessment of Process Mining in Indirect Procurement written by Vaishali Pawar and published by Springer Nature. This book was released on 2023-07-31 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s highly competitive world where digitalization has become need of the hour, companies struggle to carry out digital transformation in the most efficient manner. Process mining is one of the techniques which enable proficient digital transformation and is gaining importance. Companies aspiring to implement process mining and profit from its benefits lack a step-by-step guide covering holistic view to judge the feasibility of process mining within their organization. Therefore, this book focuses on preparing a business case template covering an integrated holistic concept specific to process mining. The aim is to evaluate a feasibility check for organizations that are willing to implement process mining in procurement process. The business case focusses on three aspects: how to execute technical feasibility check, data quality analysis and a financial case. The author discovered that it was extremely vital to carry out process mining readiness check before taking decision to implement it, to enable organized decision and avoid financial losses resulting from failed implementation. Thus, the business case blueprint will provide companies a step-by-step guide to prepare organizations and explore the limitless potential of process mining as a tool. This could be seen as a stepping-stone towards achieving a resourceful and effective digital transformation to prepare for the future.