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Information Technology and the Productivity Paradox

Assessing the Value of Investing in IT

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Oxford University Press


Paru le : 1999-04-29



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Description
From networks to databases, email to voicemail, the amount of capital being invested in information technology each year is staggering. By 1996, U.S. firms were spending more than $500 billion annually on software, networks and staff. The recently merged Bank of America and NationsBank have an initial IT budget of 4 billion dollars. As firms like this push rapidly into the business world of the 21st century, the question has remained: how do firms measure returns from these substantial investments in information technology? Henry C. Lucas, effectively answers this question by providing a creative and reliable framework for measuring the competitive advantages and profits gained through investments in state-of-the-art information systems. There is value in information technology, and it is possible to show returns, Lucas argues--unfortunately this value just doesn't always show up clearly on the bottom line of a ledger. In five expertly presented sections, he spells out exactly what businesses can expect from their information technology investments--some investments create a measurable value, some do not, but all are important nonetheless. Through a precise mix of frameworks and models, such as an Investment Opportunities Matrix, and punctuated with real examples from successful firms, this is the first book to allow executives to see exactly how their information technology investment can be expected to return value, thereby maximizing their advantages in an age of global competitiveness. Indeed, firms who manage their information systems most efficiently are best suited to succeed in a rapidly evolving marketplace. With so much at stake, Information Technology is certain to be the essential guide for firms determined to compete and flourish in the highly competitive economy of the next century.
Pages
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Parution
1999-04-29
Marque
Oxford University Press
EAN papier
9780195121599
EAN PDF
9780198028383
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0
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0
Taille du fichier
10332 Ko
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24,10 €
EAN EPUB
9780190283957
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Nombre pages copiables
0
Nombre pages imprimables
0
Taille du fichier
2263 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
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24,10 €
Henry C. Lucas is Professor of Information Systems, Stern School of Business, New York University.

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