The cost and Value of IT - Value of IT
3 important questions on The cost and Value of IT - Value of IT
How to measure IT Value?
Find capabilities that competitors could not match (VRAINN)
Compare competitors capability with company's capability
Measure how much of the capability would be there without IT
Compare competitors capability with company's capability
Measure how much of the capability would be there without IT
McFarlan's Strategic Grid
Strategic dependence: How lang can the business continue without the system?
Startegic impact: how important is the system for value creation and competitive advantage
Startegic impact: how important is the system for value creation and competitive advantage
Difference between efficiency and effectiveness
Efficiency: internal, doing things right, cost reduction and productivity enhancement of a busniness process
effectiveness: external, doing the right things, attainment of competitive advantage
effectiveness: external, doing the right things, attainment of competitive advantage
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
