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Author : Henry C. Lucas
Publisher : Oxford University Press, USA
Page : 238 pages
File Size : 50,9 Mb
Release : 1999
Category : Business & Economics
ISBN : 9780195121599
Provides a reliable framework for measuring the competitive advantages and profits gained through investments in state-of-the-art information systems. 7 linecuts.
Author : Henry C. Lucas Jr.
Publisher : Oxford University Press
Page : 238 pages
File Size : 45,8 Mb
Release : 1999-04-29
Category : Business & Economics
ISBN : 9780198028383
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.
Author : Leslie Willcocks,Stephanie Lester
Publisher : John Wiley & Sons
Page : 440 pages
File Size : 40,6 Mb
Release : 1999-03-17
Category : Business & Economics
ISBN : UOM:39015043104507
The 'IT Productivity Paradox' is the concept that, despite massive investment and resourcing by companies and organizations worldwide in their IT systems, there still seems to be little pay-off. Information systems can no longer be viewed as a support service for a business - information technology now has a lead role to play in the strategic planning processes of any organization. As we move further and further into a technology-based working environment, a critical question is how the value of IT can be measured and evaluated. This book brings together a group of the most eminent academic and practitioner thinkers in the area, to consolidate what we know about best IT evaluation practice in a comprehensive and integrated manner, and also provide new ways forward. The key to understanding the productivity paradox is the methods of IT measurement used. Improved measurement can not only reveal that IT has often been more productive than is believed, but can also focus in on ways in which benefits can be improved across the IT systems life-cycle. Critical areas where improved assessment is essential include development, and better risk analysis; sourcing, including IT outsourcing; and infrastructure, including transforming an organization's IT architecture. The authors also take a look at stakeholder interests as a part of the overall evaluation process. Contributors to this volume have been selected not only for their status in the IS field generally, but also for their reputation in the IT evaluation area. As this topic gains increasing prominence as IT expenditure continues to increase, this book will be an invaluable reference for academics and practitioners alike in the areas of information systems, IT evaluation and assessment and IT management.
Author : Henry Cameron Lucas
Publisher : Unknown
Page : 0 pages
File Size : 49,7 Mb
Release : 2023
Category : Capital investments
ISBN : 0197703097
How do firms measure returns from their substantial investments in information technology? Lucas answers this question by providing a framework for measuring the competitive advantages and profits gained through investments in information systems.
Author : Henry C. Lucas Jr.
Publisher : Oxford University Press
Page : 240 pages
File Size : 48,8 Mb
Release : 1999-04-29
Category : Business & Economics
ISBN : 9780190283957
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.
Author : Geoffrey Mark Brooke,Sloan School of Management,Sloan School of Management. Center for Information Systems Research
Publisher : Unknown
Page : 19 pages
File Size : 50,8 Mb
Release : 1992
Category : Computer industry
ISBN : OCLC:258042821
Author : Geoffrey M. Brooke
Publisher : Forgotten Books
Page : 29 pages
File Size : 54,7 Mb
Release : 2015-06-27
Category : Business & Economics
ISBN : 1330427920
Excerpt from The Economics of Information Technology Explaining the Productivity Paradox The past forty years have seen dramatic advances in the technology of information processing, and its widespread adoption bears testimony to the advent of the 'information society'. However, the economic implications of this transition remain to some degree obscure, since there is little evidence that the new technology has led to clear improvements in productive efficiency. Indeed, during the past twenty years the United States' economy has suffered from a declining rate of productivity growth, despite sharply accelerating investment in computer-based systems. Several attempts have been made to resolve this 'productivity paradox', yet none has proved entirely satisfactory. In this work, we propose a new explanation of the paradox, and present economic evidence in its support. The central argument is that information technology has altered the economies of production in favor of differentiated output, and that our methods of productivity measurement tend to discount the benefits of greater product variety. The validity of this reasoning is demonstrated by an empirical study of the United States' private economy, covering the forty-year period from 1950 to 1989. Despite these results, however, we conclude that declining productivity growth is not merely an accounting fiction, since our current economic system is relatively ill-suited to differentiated production. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author : Thomas K. Landauer
Publisher : MIT Press
Page : 444 pages
File Size : 41,7 Mb
Release : 1995
Category : Computers
ISBN : 0262621088
Beginning with an explanation of why considerable outlays for computing since 1973 have not resulted in comparable payoffs, the author proposes that emerging techniques for user-centred development can turn the situation around - through task analysis, ite
Author : Geoffrey M Brooke,Sloan School of Management Center for I
Publisher : Franklin Classics
Page : 30 pages
File Size : 50,6 Mb
Release : 2018-10-15
Category : Electronic
ISBN : 0343254891
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author : Ajay Agrawal,Joshua Gans,Avi Goldfarb,Catherine Tucker
Publisher : University of Chicago Press
Page : 172 pages
File Size : 40,6 Mb
Release : 2024-03-05
Category : Business & Economics
ISBN : 9780226833125
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
Author : David Adler,Laurence B. Siegel
Publisher : CFA Institute Research Foundation
Page : 274 pages
File Size : 46,5 Mb
Release : 2019-10-30
Category : Business & Economics
ISBN : 9781944960841
This monograph is a collection of articles on productivity and related topics submitted by speakers at an interdisciplinary November 2017 conference sponsored by, among others, the CFA Institute Research Foundation, with additional articles solicited by the editors from noted experts on the field.
Author : Paul A. Strassmann
Publisher : Information Economics Press
Page : 558 pages
File Size : 50,9 Mb
Release : 1990
Category : Business & Economics
ISBN : 0962041327
The book addresses the practical needs of executives responsible for planning, budgeting & justifying information technology expenditures. Written by the former chief information executive (1956-1978) & vice president of strategic planning (1978-1985), author of the widely acclaimed & translated INFORMATION PAYOFF - THE TRANSFORMATION OF WORK IN THE ELECTRONIC AGE (Free Press, 1985), lecturer & university professor. Reviews: "A New Bible for Management Information Systems. An eminently readable book made more so by a playful sense of humor" -Information Week-; "Strips away obfuscation that has concealed the real value of computers." (The Financial Post); "A true path to the Holy Grail of business value." (Computer Weekly); "Some surprising answers to familiar questions cast new light on investing profitably in computer hardware & software." (The Conference Board); "All those either transfixed or baffled by the powers & potential of computers would do well to heed Strassmann's advice." (Daily Telegraph); "Measuring managerial productivity is the key to knowing how to invest in information technology. Strassmann's new book sets out the results of his research in detail. His argument comes through clearly." (The Financial Times).
Author : Thomas F. Cooley,Jeremy Greenwood,Mehmet Yorukoglu
Publisher : Unknown
Page : 0 pages
File Size : 50,7 Mb
Release : 2008
Category : Electronic
ISBN : OCLC:1375195846
We construct a vintage capital model of economic growth in which the decision to replace old technologies with new ones is modeled explicitly. Depreciation in this environment is an economic, not a physical concept. We describe the balanced growth paths and the transitional dynamics of this economy. We illustrate the importance of vintage capital by analyzing the response of the economy to fiscal policies designed to stimulate investment in new technologies. A revised version of this paper is published in the Journal of Monetary Economics, v. 40, no. 3(December 1997):457-499.
Author : Nicholas G. Carr
Publisher : Harvard Business Press
Page : 193 pages
File Size : 40,6 Mb
Release : 2004-04-07
Category : Business & Economics
ISBN : 9781422129524
Over the last decade, and even since the bursting of the technology bubble, pundits, consultants, and thought leaders have argued that information technology provides the edge necessary for business success. IT expert Nicholas G. Carr offers a radically different view in this eloquent and explosive book. As IT's power and presence have grown, he argues, its strategic relevance has actually decreased. IT has been transformed from a source of advantage into a commoditized "cost of doing business"--with huge implications for business management. Expanding on Carr's seminal Harvard Business Review article that generated a storm of controversy, Does IT Matter? provides a truly compelling--and unsettling--account of IT's changing business role and its leveling influence on competition. Through astute analysis of historical and contemporary examples, Carr shows that the evolution of IT closely parallels that of earlier technologies such as railroads and electric power. He goes on to lay out a new agenda for IT management, stressing cost control and risk management over innovation and investment. And he examines the broader implications for business strategy and organization as well as for the technology industry. A frame-changing statement on one of the most important business phenomena of our time, Does IT Matter? marks a crucial milepost in the debate about IT's future. An acclaimed business writer and thinker, Nicholas G. Carr is a former executive editor of the Harvard Business Review.
Author : Jessica Keyes
Publisher : McGraw-Hill Companies
Page : 328 pages
File Size : 51,7 Mb
Release : 1995
Category : Business & Economics
ISBN : UVA:X002578477
Bringing the power of TQM to bear on the realities of the corporate computing world, this book uncovers why the IT revolution has failed to bring about once-expected leaps in white-collar productivity and how TQM techniques can be used to avoid or resolve a diverse range of productivity pitfalls.