Image: © DKosig | iStock In this part one of a two-part series, David Jacobs, director of MaxVal Consultancy’s Business Value Maximisation Research and Development Programme, proposes seven foundational principles to increase business value, success and return on investment from IT and digital transformation I have previously stated that sky-high increases in value, success and ROI from IT and digital transformation are eminently possible, providing the fundamental principles of IT value maximisation (that have not, to date, been well defined or available in concise and usable form) are followed. I have run a 30-year R&D programme to identify such principles, which now form the basis of Business Value Maximisation Framework (BVMF)®. At MaxVal Consultancy, we use BVMF® to help organisations boost value, success and ROI to levels consistently higher than industry norms. BVMF® comprises nearly 100 models and 450 techniques and is being continually refined and expanded. If you’d like to get more net benefit from the effort, time and money you are expending on IT, to get started, in this two-part series, I will cover seven basic principles. Set up your golden value circle, ask the right questions IT method selection should not come first! Each piece of […]
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