Showing papers on "Business value published in 1988"
Book•
01 Jan 1988
TL;DR: In this article, the authors link business performance and information technology in the context of information economy and present a methodology for linking business and information technologies in order to accelerate value linking and value acceleration in the business domain.
Abstract: I. LINKING BUSINESS PERFORMANCE AND INFORMATION TECHNOLOGY. 1. Introduction to Information Economics. 2. Challenges and Problems. 3. Information Value in the Business Domain. 4. Information Value and the Technology Domain. 5. Information Economics and Organizational Planning. 6. Costs, Benefits, and Value. 7. Linking Business and Information Technology. II. ELEMENTS OF INFORMATION ECONOMICS. 8. Cost-Benefit Analysis. 9. Information Economic Tools. 10. Value Linking and Value Acceleration. 11. Value Restructuring. 12. Innovation. 13. Business Domain Values and Risks. 14. Technology Domain Values and Risks. III. APPLYING INFORMATION ECONOMICS. 15. The Basis for Value. 16. The Corporate Decision Process. 17. Applying Information Economics in a Corporate Setting. 18. Summing Up Information Economics. APPENDICES. A. Glossary of Accounting Terms. B. Generation of Monthly Cash Flows. C. Benefits, Costs, and Risks. D. Cost Curves for Data-Managed Systems. E. Conversion of Scores to Project-Weighted Values. References. Index.
418 citations
Posted Content•
TL;DR: In this article, the authors discuss a promising approach for bridging the gap between a theory for rational decisions and management practice in evaluating investments in IT: Data Envelopment Analysis (DEA).
Abstract: Determining the 'business value' of information technology (IT) requires managersto choose performance measures which are well-suited to capturing the economic impacts of theapplication they are evaluating. In this paper, the authors discuss a promising approach for bridgingthe gap between a theory for rational decisions and management practice in evaluating investmentsin IT: Data Envelopment Analysis (DEA). The referent discipline for the discussion isproduction economics, and the authors review basic concepts concerning performance measurement,efficiency, productivity and economic contribution or value-added from an economist'sperspective. DEA's promise lies in its ability to handle multiple input and output production environmentsand its management action orientation. As an illustration of this potential, DEA isapplied to assessing the performance of an automated teller machine (ATM) network, an ITwhich creates economic impacts at various organizational levels of a commercial bank.
83 citations
Posted Content•
TL;DR: In this article, the authors present a survey of recent work in information systems working papers, focusing on the following topics: Information Systems Working Papers Series, 2013.1.1]
Abstract: Information Systems Working Papers Series
11 citations
01 Jan 1988
10 citations
TL;DR: Corporate communications are crucially important to a firm because effective communications will increase firm value as discussed by the authors, and effective communications can increase the value of the firm. But they are not always easy to implement.
Abstract: Corporate communications are crucially important to a firm because effective communications will increase firm value.
8 citations
Posted Content•
TL;DR: In this paper, the authors present a survey of recent work in information systems working papers, focusing on the following topics: Information Systems Working Papers Series, 2013.1.1]
Abstract: Information Systems Working Papers Series
8 citations
Posted Content•
TL;DR: In this article, the authors present a survey of recent work in information systems working papers, focusing on the following topics: Information Systems Working Papers Series, 2013.1.1]
Abstract: Information Systems Working Papers Series
7 citations
Posted Content•
TL;DR: In this article, the authors proposed the use of business value linkage BVL correlation test to provide evidence that investments in IT create the desired higher order, economic impacts, and concluded that managers should carry out econometric tests which are specialized to capturing primal, revenue-enhancing impacts, as opposed to dual, cost-reducing impacts.
Abstract: Pervasive and costly automation of information handling activities continues to put pressure onsenior managers to quantify the contributions of information technology IT to the strategicgoals of the firm. This paper proposes the use of "business value linkage BVL" correlation teststo provide evidence that investments in IT create the desired higher order, economic impacts. Weargue that managers should carry out econometric tests which are specialized to capturingprimal, revenue-enhancing impacts, as opposed to dual, cost-reducing impacts. As an illustration,a sample BVL correlation test is constructed to quantify the impact of a "treasury workstation"system on a large commercial bank's ability to increase demand balances from corporate customers.We conclude with some thoughts about where BVL correlation will provide the bt resultsfor managers.
7 citations
Book•
20 Oct 1988
TL;DR: In this article, the authors consider different aspects of a business's value, such as operational income or tax savings, increased future value, storehouse value, an owner's emotional satisfaction in having the assets, and even the notion that a business may simultaneously have more than one value depending on who the buyer is and why he wants the business.
Abstract: How to make the most of a business-sale transaction, whether you are the buyer or the seller, is the theme explored in this book. Considering both points of view it is designed to give a sharper perspective and to strengthen your bargaining position. The author considers different aspects of a business's value, such as operational income or tax savings, increased future value, 'storehouse' value, an owner's emotional satisfaction in having the assets, and even the notion that a business may simultaneously have more than one value depending on who the buyer is and why he wants the business. The book offers a step-by-step process to set the right price for your business, from obtaining and scrutinizing data and haggling for the best price, to closing the deal.
TL;DR: In this paper, the authors examined the relationship between the basic aspects of telecommunications and information transfer and its relationship to public policy, and showed how, at the level of social policy, the role of standard and individual choice became dominant as the realities of an increasingly information-based society have their impact on the values of the culture.
Abstract: An examination is presented of how basic aspects of telecommunications and information transfer require a new understanding of the concepts of commodity value and its relationship to public policy. The main focus is on the creation of value in an increasingly information-based economic environment. Determinants of economic value for information commodities are revealed in the analysis of communication channels. The investigation draws upon the general nature of telecommunications and information transfer for principles governing commodity-value formation in both broadcast media and telephone-type resources. These are contrasted with value formation for material commodities. This model has broader implications for the issue of creating information as a social value from a limited range of formats and conventions. it is shown how, at the level of social policy, the role of standard and individual choice are becoming dominant as the realities of an increasingly information-based society have their impact on the values of the culture. >