scholarly journals An Environment to Support the Evaluation of the Business Value of Information Systems

1996 ◽  
pp. 319-327
Author(s):  
V. Serafeimidis ◽  
S. Smithson
Author(s):  
Mahir Pradana

Mahir Pradana; The search for as much information as possible is needed to achieve maximum results in a management process. Information is also needed as a source of evaluation of the development of an organization, institutions, companies, and departments. Thus, the management process is inseparable from the use of information systems, which is a set of components that are interconnected, collect, process the store, and distribute information to support decision-making and control in an organization. This article examines the theories of management information system to be used as a reference in the domain of management information systems.Keywords: Management Information Systems, Use Of Information Systems, The Value Of Information Technology.


Author(s):  
Lucas Cardholm

Management may see information security as an inhibitor to daily operations if the investment is not well aligned with current business activities or is presented in financial terms not relevant to their agenda. While this chapter shows that information security improvements create bottom-line business benefits, there is still a need for security managers to focus on quantifying those benefits in relevant financial terms. The purpose is to demystify the principles of general investment processes and criteria for calculating the benefits and costs of investments while accentuating alignment to the imperatives of the organization that makes the investment. As information security investments are assessed alongside other investment projects, it helps to consider them on an equal footing, implying the use of similar, and ideally the same, methods of financial cost projection. It is equally important to position and present the proposed investment in a relevant business context.


Author(s):  
Govindan Marthandan ◽  
Chun Meng Tang

Despite the proposal of various Information Systems (IS) evaluation models and approaches, IS evaluation has never been straightforward. There are issues and challenges in proving the business value of IS. Adding to the difficulty, a vast number of measures have been employed conveniently for evaluation purposes without going through a rigorous validation process. Recognising the complexity for IS researchers, IS specialists, and business managers to agree on a common model for the evaluation of IS business value, this chapter presents an empirically validated IS evaluation model, the IS for organisational effectiveness (ISOE) model, for planning, designing, implementing, and appraising IS. There also emerges a new theory, the Information System business value (ISBV) theory, from the ISOE model to establish that IS business value is multifaceted and are observable in the form of improvements in organisational effectiveness.


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