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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Tohonen, H. Kauppinen, M. Mannisto, T. |
| Copyright Year | 2014 |
| Description | Author affiliation: Univ. of Helsinki, Helsinki, Finland (Mannisto, T.) || Aalto Univ., Espoo, Finland (Tohonen, H.; Kauppinen, M.) |
| Abstract | Evaluating the multidimensional and dynamic nature of IT business value is a continuous challenge. This paper examines how system dynamics can be used in evaluating IT business value in a company level. We approach IT business value as a web of impacts, where benefits and sacrifices are ultimately evaluated against company earnings logic. This study is based on an action research and covers a pilot project within two co-operating companies. System dynamics was utilised to construct a value creation model for an existing Gaming Management System. This value creation modelling covered two dimensions: 1) structural evaluation of IT impacts with cause-and-effect models, 2) dynamic evaluation and simulation of value realisation over time. As a result, value creation modelling was able to provide a visual overview of how IT impacts were linked to business value through value paths, and how much and when value was realised. Value creation modelling enabled prototyping of value realisation that can provide value based insights for development activities like requirements elicitation and analysis. The examined approach proved its potential for providing a common language for technology and business parties, thus improving IT business alignment. |
| Starting Page | 283 |
| Ending Page | 292 |
| File Size | 273721 |
| Page Count | 10 |
| File Format | |
| ISBN | 9781479930319 |
| e-ISBN | 9781479930333 |
| DOI | 10.1109/RE.2014.6912270 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2014-08-25 |
| Publisher Place | Sweden |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Companies Interviews Investment Games Mathematical model Conferences system dynamics IT business value evaluation |
| Content Type | Text |
| Resource Type | Article |
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