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Valuation of Information Technology: A Guide for Strategy Development, Valuation, and Financial Planning [Kõva köide]

  • Formaat: Hardback, 320 pages, kõrgus x laius x paksus: 236x163x25 mm, kaal: 610 g
  • Sari: Financial Management
  • Ilmumisaeg: 14-Mar-2000
  • Kirjastus: John Wiley & Sons Inc
  • ISBN-10: 0471378313
  • ISBN-13: 9780471378310
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  • Formaat: Hardback, 320 pages, kõrgus x laius x paksus: 236x163x25 mm, kaal: 610 g
  • Sari: Financial Management
  • Ilmumisaeg: 14-Mar-2000
  • Kirjastus: John Wiley & Sons Inc
  • ISBN-10: 0471378313
  • ISBN-13: 9780471378310
Teised raamatud teemal:
Top executives support The Valuation of Information Technology "This is the first book which I have seen that places corporate decision-making on a logical and quantitative basis. Decisions which have traditionally been done by the 'seat of the pants' are subjected to the same rigorous analysis as is routine in the hard sciences. I think this book strikes off in a completely new direction and deserves to be read by anyone contemplating a career in business." -Dr. Mel Schwartz, Nobel Laureate in Physics 1988 and Professor Emeritus, Stanford and Columbia Universities "An insightful, rewarding evaluation of information technology-with the aim being the creation of shareholder value. Chris Gardner's detailed work shows how powerfully constructive and destructive the forces of innovation can be. Mastering information technology is the key to twenty-first-century commercial success. This book is a driver toward that mastery." -Tom Gardner, The Motley Fool (Fool.com) "Finally, a clear set of tools for those of us who are trying to find a path through a jungle of complexity. Chris Gardner has clearly and crisply provided a road map of rationality to help direct our path through a chaotic world of accelerating change." -Peter Sprague, Founder, Chairman, and CEO, Wave Systems, and former Chairman of National Semiconductor "The Valuation of Information Technology provides a practical, step-by-step approach for analyzing the attractiveness of an information technology system.. Highly recommended." -Derek R. Reisfield, Vice Chairman, Luminant Worldwide, and formerly President, CBS New Media, Chairman, Marketwatch.com, and Member of the Board, Sportsline USA "Information and technology are transforming commerce and challenging traditional valuation methods. The Valuation of Information Technology builds a bridge between familiar valuation, grounded on customer value, revenue, cost, and earnings contributions all on the one side, and the returns available in the new information technology context on the other. With these tools, added to thoughtful application and judgment, you will be a wiser leader investor, and consumer." -Stephen B. Bonner, President and CEO, Cancer Treatment Centers of America "Chris Gardner's book comes at the right time for many businesses which can no longer afford the guessing or the hip-shooting that has been the solution algorithm in many companies. He points out the systemic thinking that is possible and the discipline that is required to tackle the issues in a sound, responsible, and competitively superior way." -Dr. Rainer Famulla, Partner, Andersen Consulting "The Valuation of Information Technology tackles the tough problem of defining the value of new technologies company shareholders using integrated analytical techniques. The methodologies presented in the book are essential to any successful new business development. I highly recommend it." -Dr. Khasha Mohammadi, President, e-Networks, and formerly of Bell Labs "Clearly we have entered an era where many organizations are making 'bet the company' investment decisions in information technology and the Internet. Unfortunately, many of these investments are made on an emotional basis alone. The Valuation of Information Technology provides a significant advance in our ability for making these decisions on a more thoughtful, analytic basis." -Frank Ostroff, Author of The Horizontal Organization "For the first time, The Valuation of Information Technology marries corporate finance with technology marketing to create a technology decision guide focused on what matters most-shareholder value." -Jim Szafranski, Marketing Manager, Tut Systems

Arvustused

??lays out much of the thinking behind iValue's methodology?? (CFO Europe, 20 February 2003)

Acknowledgments xi
Introduction xv
Part I Framework
Overarching Framework
3(12)
Objective
3(1)
Analytical Framework
4(1)
Scope
5(10)
Range of Systems Encompassed
6(1)
Limits of Applicability
6(4)
Problems and Solutions
10(5)
Part II Customer Opportunity
Directing Attention
15(22)
Value Delivered to and Received from Customers
16(11)
Value Captured from Rivals
27(10)
Problems and Solutions
35(2)
Voice of the Customer
37(32)
Methods of Listening
37(5)
Choosing Who to Listen To
42(2)
Describing the Information Product
44(1)
Formulating the Questions to Ask
45(7)
Background Questions
45(2)
Features, Price, and Purchase Likelihood
47(5)
Discerning Product Requirements
52(3)
Interviews, Focus Groups, and Surveys
52(2)
Conjoint Analysis
54(1)
Market Tests and Product Introductions
55(1)
Translation into a Demand Estimate
55(11)
Equation of Demand
55(1)
Market Segment Size
56(2)
Price
58(1)
Likelihood to Purchase
58(1)
S-Curves
59(2)
Refinements
61(5)
Checking Results
66(1)
Obtaining Feedback
66(3)
Problems and Solutions
67(2)
When Customers Can't Express Themselves
69(12)
Redirecting Attention
71(1)
Stimulating a Response
72(2)
Listening to the Leaders
74(1)
Trusting Your Instincts
74(7)
Problems and Solutions
76(5)
Part III Information Technology System
Information Flows and Capacity
81(60)
Sources & Destinations, Connections, Transformations, and Storage Locations
82(7)
Flow Diagrams
89(5)
Reengineering
94(2)
Deterministic Flows
96(13)
Probabilistic Flows
109(19)
Simulation
128(13)
Problems and Solutions
132(9)
System Designs
141(38)
Components
142(13)
System Parts
155(3)
Assembled Systems
158(9)
System Design Alternatives
167(4)
Underlying Technology
167(1)
Basic Organization
168(3)
Combinations of Choices
171(1)
System Design Assessment
171(8)
Problems and Solutions
174(5)
Part IV Economic Value
Cost Estimation
179(24)
Investment Costs
180(4)
Operating Costs
184(1)
Cost Allocation
185(2)
Cost Variations
187(1)
Cost Equivalency
188(2)
Cost Comparison
190(13)
Problems and Solutions
196(7)
Valuation
203(48)
Description of Valuation Model
203(6)
Inputs
209(3)
Cash Flow from Operations
209(2)
Required Rate of Return
211(1)
Period
211(1)
Interpretation of Results
212(15)
Direction
213(1)
Magnitude
213(14)
Example
227(9)
Risk Analysis
236(15)
Problems and Solutions
244(7)
Epilogue 251(4)
Appendix A Market Research Methods 255(8)
Appendix B Selected Probability Distributions 263(6)
Appendix C Selected Queuing System Results 269(6)
Glossary of Notation 275(2)
Bibliography 277(4)
Index 281(16)
About the Author 297
CHRISTOPHER GARDNER is a Partner at PricewaterhouseCoopers, where he leads the Information Technology Strategy Group in their New York office. Gardner formerly held key positions at leading management consultancies, including IT specialist at McKinsey and Company, principal at A.T. Kearney, and vice president at Bain and Company.