The Business Value Of Computers: An Executive'S Guide,New

The Business Value Of Computers: An Executive'S Guide,New

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The Business Value Of Computers Speaks To Executives Responsible For Information Technology. Some Of The Book'S Findings And Recommendations: 1) There Is No Relation Between Spending For Computers, Profits Or Productivity. 2) Conventional Analysis That Apply Revenue Ratios Or Returnonasset Measures Are Unreliable. 3) The Published Rankings Of Excellence In Using Computers Do Not Relate To Profitabiilty. 4) The Effectiveness Of Information Technology Is Difficult To Evaluate Because It Mostly Supports Unmeasurable Managerial Work. 5) Business Overachievers Do Not Spend More Money On Comptuers. They Concentrate Their Information Technology On Business Valueadded. 6) Business Overachievers Automate Administrative Operations To Reduce Overhead Expenses. 7) Use Business Valueadded To Evaluate Computer Projects. 8) Apply The Returnonmanagement To Find Out Where To Use Computers. 9) Propose Business Plans With Or Without Added Spending To Measure The Financial Contributions Of Information Technology. 10) Rely Primarily On Financial Plans And Controls For Balancing The Costs And Benefits Of Computers. 11) Take Advantage Of The Steady Cost Reductions Available From Advances In Electronics. 12) Make The Communication Network The Key To Future Productivity Gains. 13) Have Computer Experts Concentrate On The Delivery Of Efficient Computer Applications. 14) Require That Information Resources Management Becomes Every Manager'S Job.

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Frequently Asked Questions

  • Q: What is the main focus of 'The Business Value of Computers'? A: The book primarily addresses executives responsible for information technology, discussing the relationship between IT spending and business performance.
  • Q: Who is the author of this book? A: The author of 'The Business Value of Computers' is Paul A Strassmann.
  • Q: What are some key findings from the book? A: Key findings include the lack of correlation between IT spending and profitability, the unreliability of conventional analysis methods, and the importance of focusing on business value-added from IT.
  • Q: How many pages does this book contain? A: The book contains 522 pages.
  • Q: What edition of the book is available? A: This is the First Edition of 'The Business Value of Computers'.
  • Q: Is this book suitable for IT professionals? A: Yes, it is particularly suitable for IT professionals and executives looking to understand the strategic value of technology in business.
  • Q: What was the publication date of this book? A: The book was published on January 1, 1990.
  • Q: What binding type is used for this book? A: The book is available in hardcover binding.
  • Q: Does the book provide practical recommendations for IT investment? A: Yes, it offers practical recommendations on how to evaluate IT projects based on business value and financial contributions.
  • Q: Can this book help in understanding the effectiveness of IT? A: Yes, the book discusses challenges in evaluating IT effectiveness, emphasizing the need for a focus on measurable business impacts.