Information Technology and the Productivity Paradox: Assessing the Value of the Investment in IT

Lucas, Henry C., Jr.

ISBN 10: 0195121597 / ISBN 13: 9780195121599

Published by Oxford University Press, New York, 1999

About this Item

225, figures, tables, references, index.

Seller Inventory # 24443

Bibliographic Details

• Title: Information Technology and the Productivity Paradox: Assessing the Value of the Investment in IT
• Publisher: Oxford University Press, New York
• Publication Date: 1999
• Language: English
• ISBN 10: 0195121597
• ISBN 13: 9780195121599
• Binding: Hardcover
• Edition: First Printing.
• Condition: very good, very good

About this title

Synopsis

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.

About the Author

Henry C. Lucas is Professor of Information Systems, Stern School of Business, New York University.