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The Business Value of Computers by
Paul Strassmann
In this well-researched and well-argued
book, Paul Strassmann develops his ideas on how to measure the business
value received by organisations from their spend on IT
His proposal is his concept of 'Return on
Management'™ in relation to measuring 'Management Value Added'.
He defines the relationship as Return on
Management™ = Management Value Added
Management Costs
Paul Strassmann presents some interesting
ideas on IT and its relationship with Management Productivity. He explores
the 'value-add' of management to the productivity of businesses.
However, we at Btt have found that
the ideas were not sufficiently specific for us to use them in real-life
work with clients. We did find that by combining the techniques described in
our white papers, articles and case studies, the business benefit of IT can
be usefully quantified and measured. (See sections on
Business Cases and
Investing in IT & Technology).
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