Information Technology And The Productivity Paradox
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Information Technology And The Productivity Paradox
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Author : Henry C. Lucas Jr.
language : en
Publisher: Oxford University Press
Release Date : 1999-04-29
Information Technology And The Productivity Paradox written by Henry C. Lucas Jr. and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-29 with Business & Economics categories.
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.
Information Technology And The Productivity Paradox
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Author : Henry Cameron Lucas
language : en
Publisher:
Release Date : 2023
Information Technology And The Productivity Paradox written by Henry Cameron Lucas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Capital investments categories.
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.
Information Technology And The Productivity Paradox
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Author : Henry C. Lucas
language : en
Publisher: Oxford University Press, USA
Release Date : 1999
Information Technology And The Productivity Paradox written by Henry C. Lucas and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
Provides a reliable framework for measuring the competitive advantages and profits gained through investments in state-of-the-art information systems. 7 linecuts.
Information Technology And The Productivity Paradox
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Author : Henry C. Lucas Jr.
language : en
Publisher: Oxford University Press
Release Date : 1999-04-29
Information Technology And The Productivity Paradox written by Henry C. Lucas Jr. and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-29 with Business & Economics categories.
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.
Beyond The It Productivity Paradox
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Author : Leslie Willcocks
language : en
Publisher: John Wiley & Sons
Release Date : 1999-03-17
Beyond The It Productivity Paradox written by Leslie Willcocks and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-03-17 with Business & Economics categories.
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.
The Economics Of Information Technology Explaining The Productivity Paradox
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Author : Geoffrey M. Brooke
language : en
Publisher: Forgotten Books
Release Date : 2015-06-27
The Economics Of Information Technology Explaining The Productivity Paradox written by Geoffrey M. Brooke and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-27 with Business & Economics categories.
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.
The Economics Of Information Technology
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Author : Geoffrey Mark Brooke
language : en
Publisher:
Release Date : 1992
The Economics Of Information Technology written by Geoffrey Mark Brooke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Computer industry categories.
The Economics Of Information Technology Explaining The Productivity Paradox
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Author : Geoffrey M Brooke
language : en
Publisher: Franklin Classics
Release Date : 2018-10-15
The Economics Of Information Technology Explaining The Productivity Paradox written by Geoffrey M Brooke and has been published by Franklin Classics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-15 with categories.
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.
Solving The Productivity Paradox
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Author : Jessica Keyes
language : en
Publisher: McGraw-Hill Companies
Release Date : 1995
Solving The Productivity Paradox written by Jessica Keyes and has been published by McGraw-Hill Companies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
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.
Economics Of Information Technology Explaining The Productivity Paradox
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Author : Brooke Geoffrey M.
language : en
Publisher:
Release Date : 1901
Economics Of Information Technology Explaining The Productivity Paradox written by Brooke Geoffrey M. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1901 with categories.