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Achieving Business Value From Technology
Tony Murphy Manufacturer: Wiley ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0471232300 |
Book Description
PRAISE FOR ACHIEVING BUSINESS VALUE FROM TECHNOLOGY "Tony Murphy addresses the difficult question of the value of IT investments head on. He translates an elegant theory into effective practice. The case studies in the book effectively reinforce his key messages."
—Dr. Dermot Moynihan, Senior Vice President, World Wide Chemical Development, GlaxoSmithKline
"This book is the answer to most CIOs' need for a well-structured, pragmatic, and easily implemented set of tools and practices designed to answer the universal problem of managing and measuring IT's contribution to the business. Tony Murphy's unique blend of practical experience, industry best practice, and excellent communication skills provides the reader with a valuable-and highly readable-guide on how best to achieve that elusive objective of reliably realizing the business benefits of IT investments."
—Michael Rice, oup Director of IT, Kerry Group plc
"At Oxfam we are one year into a three-year IT strategy based on the principles Tony Murphy lays out in this book, and there is a real, positive difference in how IT is perceived, and in its real strategic position within the organization. If you have ever wondered just how you can gain strategic alignment for your IT function, and then how to make the practical link to IT investment for the organization, Tony has provided a framework that joins them both."
—Simon Jennings, Head of Information Systems, Oxfam GB
Customer Reviews:
Clear modern thinking about Business Value.......2002-10-18
Great reading and immediately useful.
Well written, well organized, very practical.......2002-10-08
All in all this is a very useful book for justifying IT projects particularly in today's environment when your pal the CFO is squeezing every penny trying to get blood out.
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Business Process Management (BPM): The Third Wave
Howard Smith , and Peter Fingar Manufacturer: Meghan-Kiffer Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0929652339 |
Book Description
This book heralds a breakthrough that redefines competitive advantage for the next fifty years. Don't bridge the business-IT divide: Obliterate it! The book is the first authoritative analysis of how third-wave business process management (BPM) changes everything in business and what it portends. While the vision of process management is not new, existing theories and systems have not been able to cope with the reality of business processes --until now. This book describes a radical, simplifying shift in process thinking and technology that utterly transforms today's information systems and reduces the lag between management intent and execution.A process-managed enterprise makes agile course corrections, embeds Six Sigma quality and reduces cumulative costs across the value chain. It pursues strategic initiatives with confidence, including mergers, consolidation, alliances, acquisitions, outsourcing and global expansion. Process management is the only way to achieve these objectives with transparency, management control and accountability. The process-managed enterprise grasps control of business processes and communicates with a universal process language that enables partners to execute on shared vision --to understand each other's operations in detail, jointly design processes and manage the entire lifecycle of their business improvement initiatives.
Process management is not another form of automation, a new killer-app or a fashionable new management theory. With the third-wave BPM breakthrough and its solid mathematical underpinnings, business processes can now be unhindered by the constraints of existing IT systems. Short on stories and long on insight and practical information, this book will help your business become the company of the future, the real-time enterprise, the fully digitized corporation --the process-managed enterprise. The book also offers continually updated information and a dialog with the authors at its Web site.
Customer Reviews:
This book shows the way.......2006-07-26
Business Process Management - The Third Wave.......2006-04-05
Get it, read it, buy it if ..........2005-07-27
History of business process management and beyond.......2005-05-19
Ahead of its time.......2005-05-19
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Knowledge Networks: Innovation Through Communities of Practice
Manufacturer: IGI Global ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 1591402700 |
Book Description
Knowledge Networks: Innovations Through Communities of Practice draws on the experience of people who have worked with CoPs in the real world and to present their combined wisdom in a form that is accessible to a wide audience. CoPs are examined from a practical, rather than a purely academic point of view. The book also examines the benefits that CoPs can bring to an organization, provides a number of case studies, lessons learned and sets of guidelines. It also looks at virtual CoPs and to the future by asking 'what next?' This book is a resource for all people who work with CoPs - both in academia and in the real world.Customer Reviews:
A Rich crop...Well harvested..........2004-04-06
The agricultural metaphor lends itself well to the nurturing of knowledge. Of course, this is not the first time it has been used nor will it be the last. My own particular interest in the metaphor is how it not only lends itself to communities of practice but also to the process of learning.
For the last three years, I have been involved in teaching a module entitled "Knowledge Management" to students Mastering in Information and Library Management at a University in the North East of England. During those three years, communities of practice have emerged as a significant tool in understanding the creation, capture and transfer of knowledge within and between organizations.
The method of teaching involves lectures (theory-based) and seminars (case study-based) with the use of specific tasks to link the two areas.
This collection of papers is, perhaps, the single most useful text to emerge for teaching the concept of communities of practice, how they relate to managing knowledge within organizations and how they are cultivated and developed. It is abundant in well-researched and relevant commentary, which avoids the jargon of other works. The case studies are particularly useful to information management students trying to understand the relationship between information and knowledge management.
Congratulations to the editors for their conceptualization of the structure and identification of appropriate areas of content and to the individual authors for the quality of their contributions.
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The Organization and Architecture of Innovation: Managing the Flow of Technology
Thomas J. Allen , and Gunter Henn Manufacturer: Butterworth-Heinemann ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0750682361 |
Book Description
Building on his pioneering work on the management of technology and innovation in his first book, Managing the Flow of Technology, Thomas J. Allen of MIT has joined with award-winning German architect Gunter Henn of HENN Architekten to produce a book that explores the combined use of two management tools to make the innovation process most effective: organizational structure and physical space. They present research demonstrating how organizational structure and physical space each affect communication among peoplein this case, engineers, scientists, and others in technical organizationsand they illustrate how organizations can transform both to increase the transfer of technical knowledge and maximize the communication for inspiration that is central to the innovation process. Allen and Henn illustrate their points with discussions of well-known buildings around the world, including Audis corporate headquarters, Steelcases corporate design center, and the Corning Glass Becker building, as well as several of Gunter Henns own projects, including the Skoda automotive factory in the Czech Republic and the Faculty for Mechanical Engineering at the Technical University of Munich. Allen and Henn then demonstrate the principles developed in their work by discussing in detail one example in which organizational structure and physical space were combined successfully to promote innovation with impressive results: HENN Architektens Project House for the BMW Group Research and Innovation Centre in Munich, cited by Business Week (April 24, 2006) in naming BMW one of the worlds most innovative companies.
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Connecting the Dots: Aligning Projects with Objectives in Unpredictable Times
Cathleen Benko , and F. Warren McFarlan Manufacturer: Harvard Business School Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 1578518776 |
Book Description
Organizations are struggling for greater return on their multibillion-dollar technology and project-related investments. Individual projects may be useful, but when examined collectively, they often work at cross-purposes, duplicate each other's efforts, or aim for obsolescing business objectives. And all are competing for scarce resources. In today's earnings-driven business environment, companies must look to their portfolios to better deliver on objectives and propel the organization forward.
Based on their experience with a variety of companies, authors Cathleen Benko and distinguished professor F. Warren McFarlan have developed an alignment approach that better connects an organization's project portfolio to its corporate objectives in a manner responsive to today's unpredictable environment.
Connecting the Dots provides a scalable framework and practical tools for better aligning a company's: (1) project portfolio with its objectives; (2) individual projects with each other; and (3) portfolio and objectives with the volatile environment. Better-aligned companies enhance business/technology performance by increasing shareholder value and confidence and improving the portfolio's return on investment. This in-the-trenches guidebook helps companies capture this latent value while building a more adaptive organization.
AUTHORBIO: Cathleen Benko is Braxton's Global e-Business Leader. F. Warren McFarlan is the Senior Associate Dean and Albert H. Gordon Professor of Business Administration at Harvard Business School.
Customer Reviews:
Good book on balancing the project portfolio thru process.......2004-03-11
Utility of the Information
The value of the book, in my view, lies in the following attributes:
* The authors present complex ideas in an easy-going, not scholarly style, making the book easy to read. They use graphics to communicate concepts like frameworks and tools, and they employ a case-study approach to illustrate application.
* The framework consisting short- and long-term objectives along with organizational trait objectives provides for a balanced perspective.
* The alignment tools provide an approach to view projects in a portfolio view. This allows the portfolio management team to align projects and the portfolio with organizational direction, improve project efficiency, manage risks, and achieve flexibility.
* The framework and tools consciously align the project portfolio with organizational goals, bringing focus to the portfolio.
* Workshop attendees can use the tools to gain fresh a perspective of projects instead of a traditional, organizational alignment point of view where, say, projects are always associated with the division who sponsors the projects.
* Incorporates a change management perspective by asking how much change an organization can digest in a given time period.
* Supports and promotes program management by forcing analysis of the interdependencies of projects and project deliverables.
* Supports and promotes spiral (iterative development) through the "project chunking" perspective.
* Aids the risk management process by balancing project benefits versus risks in the project proposal and review process.
* Portfolio managers or teams can apply the framework and tools in a step-by-step fashion, reducing anxiety about "how to eat the elephant". This stepwise approach supports workshop breakout sessions.
Application of the Framework and Tools
Several questions arise when one considers if one can apply an authors approach to solving business problems; is the approach practicable.
Position of the Framework in the Larger Project Portfolio Management Context
If the project portfolio management process includes 1) understanding supply and demand (people, money and projects), alignment of decision boards with authority, project assessment, and continuous process improvement (IPS Associates and Stanford APM), this framework fits toward the end of that process spectrum. This book does not describe the overall project portfolio management process, or how to implement project portfolio management in an organization. This book really answers the question "Now that I have a project portfolio management process in place, how do I mature my portfolio alignment and balance process?"
Feasibility, Suitability and Acceptability
For organizations which have implemented project portfolio management and wish for more rigor in the project-business alignment sub-process, this book is a credible offering. One would expect that if a portfolio management team applied all the tools in this book to their portfolio that the result would be 1) a considerable time investment and 2) a better aligned portfolio. The portfolio management team must therefore be willing to take the time to 1) learn several tools and 2) apply the tools in a step-wise and iterative fashion over time.
The framework, tools and examples emphasize application in a business (for profit) context. Practitioners in governmental or other not for profit organizations will need to critically review, tailor and possibly adapt the framework and tools to their purposes.
Organizations with a small number of projects and who have portfolio management team members who are more inclined to make decisions quickly, who are not possessed with an engineering or analytical mindset may think that they do not need or have the patience for such a process. Team members may respond to this approach saying "I'll just use my business experience and common sense to achieve balance in my portfolio". While this statement may or may not be true, I would expect this response in some cultures. One approach to this may be for the portfolio management support office to compile the data, apply the tools, and make a staff recommendation to the portfolio management team for decision.
While the authors bring both academic (McFarlan is a professor) and business experience (Benko is a consultant) to this book, they cite no studies to support the effectiveness of their approach. Therefore, organizations which require empirical evidence of process effectiveness before accepting or implementing a new business process may be resistant to implementing this process.
References, Footnoting and Bibliography
This book is well referenced, footnoted and indexed. This increases the utility of the book for one who has first read and understood the book.
One can often tell when an academic was on the team of authors; the footnoting is excellent, and the Notes section (Benko and McFarlan 221-30) is a useful resource for exploring other sources of information for further research. Specifically, the notes section is ample at nine pages, the lexicon is helpful with three pages of content, and the index is well populated with nine pages of indexed words.
A workable and appealing alignment framework.......2003-11-27
The title of the book refers to the need to "connect the dots" between an organization's objectives and its project investments to create and balance present and future value. The book's plethora of tools combined with the easygoing writing style makes it engaging and painless to absorb. Benko and McFarlan can be forgiven for overstating the role of project alignment - that is, after all, the standard book author's tendency. It is true, however, that companies project initiatives total up into the trillions of dollars and it requires no stretch to accept the claim that those initiatives have grown faster than companies' ability to manage them. Benko and McFarlan focus on the project portfolio as the most promising key to unlocking value, arguing that the portfolio is a company's future currency. We find their underlying principle that "companies are better served by adapting themselves for the future rather than by trying to predict its destination" to be a sound one.
Alignment, in this book, specifically means aligning three drivers of business performance: a company's project portfolio with its objectives; the projects in the portfolio to each other; and the portfolio and company's objectives with the ever-changing realities of the business context. To prosper on the "information frontier", certain shifts in mind-set - "traits" - are needed. Along with operational short-term and strategic long-term objectives, these constitute the organization's *intentions*. Four traits are used throughout the book as each of the various tools are explained and applied: Eco-Driven (effective collaborations), Outside-In (looking at yourself the way others look at you), Fighting Trim (agility, coordination, and options orientation to deal with uncertainty and respond to change), and House in Order (provisioning the other traits to enable cross-enterprise collaboration).
The seven alignment tools in this book fall three groups. The Trait Meter assesses, plans, and measures trait development according to the four traits. Once this first step is completed (which includes creating an Intentions Framework), the second group of diagnostic tools comes into play: The Intentions, Sides, and Right Brain tools. These measure the nature and size of the alignment opportunity, identify organizational bias and sort projects into business activities, and identify change capacity issues. The third group of tools - Common Threads, Project Chunking, and What-If Planning - focus on building flexibility into the portfolio.
Working through the book for real will, of course, be far more challenging than merely reading it. But the authors have done a good job of clarifying important issues of alignment and have provided a workable and appealing framework and toolset for tackling those issues.
(3 stars from me is good. 4-star ratings are given too easily.)
Strong, simple decision making for your services portfolio.......2003-10-01
Quite an eye opener.......2003-09-09
Good idea - read it carefully.......2003-08-28
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Process Innovation: Reengineering Work Through Information Technology
Thomas H. Davenport Manufacturer: Harvard Business School Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0875843662 |
Book Description
This hardcover edition is available only in a premium, full-cloth binding. It will not ship with a dust jacket.
Today's business environment demands significant changes in the way we do business. Simply formulating strategy is no longer sufficient; we must also design the processes to implement it effectively. The key to change is process innovation, a revolutionary new approach that fuses information technology and human resource management to improve business performance. The cornerstone to process innovation's dramatic results is information technology--a largely untapped resource, but a crucial enabler of process innovation. In turn, only a challenge like process innovation affords maximum use of information technology's potential. Davenport provides numerous examples of firms that have succeeded or failed in combining business change and technology initiatives. He also highlights the roles of new organizational structures and human resource programs in developing process innovation. Process innovation is quickly becoming the byword for industries ready to pull their companies out of modest growth patterns and compete effectively in the world marketplace.
Customer Reviews:
A great book on Process Improvement.......2005-10-08
A roadmap for process innovation and improvement.......2000-06-14
Must read.......2000-03-29
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In Search of Business Value: Ensuring a Return on Your Technology Investment
Robert L. McDowell , and William L. Simon Manufacturer: Select Books (NY) ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 1590790626 |
Book Description
In today's high-tech business world, few issues are more important than how companies can gain competitive advantage from using new technology, especially information technology (IT). In 'In Search of Business Value', Microsoft vice president Robert McDowell and best-selling business author William L. Simon address that problem head-on, describing the steps every organization must take to "get the best bang from each buck spent" on IT infrastructure.Drawing on their own personal experience and that of over twenty-five corporate and IT leaders from the worlds of business and government, 'In Search of Business Value' covers in detail such issues as bringing organizational leaders on board in promoting the use of IT, enlisting staff support, using IT to lower costs and improve productivity, integrating the IT and business sides of an organization, and using IT to support best business practices.
IT these days is an indispensable tool in defining and achieving corporate goals. 'In Search of Business Value' is an indispensable tool for corporate leaders and managers looking to make IT work successfully for their organizations.
Customer Reviews:
Spread the enlightenment!.......2006-06-20
A no-nonsense guide to steering clear of trouble .......2005-06-13
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How to Set Up and Manage a Corporate Learning Centre
Samuel A. Malone Manufacturer: Gower Publishing Company ProductGroup: Book Binding: Hardcover ASIN: 0566085321 |
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Information for Innovation: Managing Change from an Information Perspective
Stuart Macdonald Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Hardcover ASIN: 0198288255 |
Book Description
Information is not taken seriously. Much is said about the information age, the information economy, the information society, and particularly about information technology, but little about information itself. If these are important, then so is information. But information is not as other goods: it has some peculiar characteristics. It cannot be displayed for sale without giving it away in the process. Sold, it goes to the buyer but still remains with the seller. Buying entails expressing demand in ignorance for buyers who do not know just what it is that they do not know. Such characteristics have long been recognised by economists, but it is not generally economists who have most to say about the importance of information. This privilege is exercised by senior managers, who speak passionately about knowledge-based, learning organizations; by politicians and public servants, anxious to compensate with policy and programme for the information failure of organization and market; and by specialists in telecommunications and information technology, bent on adding value to what they treat as just a commodity. All are particularly enthusiastic about the innovation which springs from information. Information usually requires new information. Finding, acquiring, and mixing this new information with that already in use presents problems, not least because complex information transactions are required rather than simple information transfer. Solutions can be devised, but only by accommodating the characteristics of information. This book contrasts the way innovation is normally regarded in a variety of areas from eighteenth-century agriculture to high technology, from technology transfer to industrial espionage, from corporate strategy to patents and independent inventors with how it appears from what is termed an 'information perspective', that is one that puts information first. The results are intriguing, suggesting that radically different approaches to innovation (and organization) should be considered.
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In Search Of BPM Excellence: Straight From The Thought Leaders
Business Process Management Group Manufacturer: Meghan-Kiffer Press ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0929652401 |
Book Description
Business process innovation is on the minds of executives these days, and for good reason. In the 1990s, companies also had a focus on business processes. They used enterprise-wide networks to tear down walls between functional departments and reengineered their companies to remain competitive. Today, the universal connectivity of the Internet makes it possible to tear down walls between companies to reinvent entire value chains. The result? We are now witnessing a grand globalization of white collar work, outsourcing, offshoring and other new forms of extreme competition. Industry and national boundaries have become a blur. All is changed, and no industry is exempt. Pioneering companies have already disrupted incumbents and come from nowhere to dominate their industries. Their secret sauce? Business process management (BPM). This book brings together some of the best minds to explore the role and value of BPM, and what it portends. In its pages you will find the essential discussions and insights, straight from the thought leaders. In Search of BPM Excellence is for those who want to sustain the success of their businesses in the midst of the current sea of change. Is your company ready for extreme competition? ___________________________________________________________* Where do you go to gain insight into this thing called BPM?
* Why is business process management so important / how important is it?
* What should you be considering when making BPM Next Practice?
* How will you get there and make sure you get where you want to go?
* Who needs BPM, do I? These are questions of greatest importance to business people and the Business Process Management Group has tracked down the leading thought leaders, analysts, methodologists and consultants in the field of business process management to get the answers. BPM sits at the heart of the Business Evolution we have now begun to experience -- and that will continue to be a primary economic driver over the next several decades. This book, In Search of BPM Excellence, is for those who want to sustain consistent, ongoing success, profit, and growth of their businesses in the midst of the current sea of change. This is the book for those in search of excellence.
Customer Reviews:
BPM Twists and Turns - I enjoyed the ride - recommended!.......2005-10-22
Excellent choice to get a broad perspective on BPM.......2005-09-07
Better off reading Hammer or Smith.......2005-09-02
Blah from BPMG.......2005-09-01
A Must Read for Process Professionals.......2005-06-25
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