McKinsey on how CIOs should think about business value
For those who can afford $150 annual subscription this McKinsey article looks useful: How CIOs should think about business value.
(Incidentally you will get at least as much value for your money from a McKinsey premium subscription as you will by paying TWENTY FIVE times that much for ITIL Live. Makes an interesting comparison doesn't it?)
For those who are skint like me McKinsey kindly give a lot away from their teasers:
IT generates value at two complementary levels: the core asset value (eg, hardware and software) and the vitally important value-in-use.
In the context of optimizing investments, the value of IT derives from dynamic control over the impact of IT investments on each company’s operating ratios.
For CIOs focused on operational improvements, IT’s value is measured mainly by process performance indicators: productivity, on-time delivery, and quality.
Developing value-in-use requires a CIO to examine new levers found at points where the IT department and the business units intersect.
The best companies at creating value-in-use embed their IT governance within the broader governance practices.
IT managers who don't get this stuff need to, soon.
Made in New Zealand 
Comments
It seems to be free via a guest pass
I'm a registered user of this McKinsey site but not premium and the article is available to me via a free guest pass.
Dave
McKinsey article
Dave, could you, please, share that article?
respect IP
No don't. that would be a violation of McKinsey copyright. Round here we respect IP
Freely downloadable root document
Even if this McKinsey document is IP-protected, the original study from which it derives can be downloaded freely and without requiring any membership from the CIGREF web site : http://www.cigref.fr/cigref_publications/2008/08/2008---the-dyna.html
FYI, CIGREF is a working group of 100+ CIOs of the largest French enterprises.
article guest pass
Hi there - I work at the Quarterly and wanted to share a guest passed link to the article: http://www.mckinseyquarterly.com/links/33444
(requires free registration) - feel free to pass it on to friends.
If you are interested in purchasing a Premium Membership, click here: http://www.mckinseyquarterly.com/links/33242
For the next 2 weeks, people who purchase also get a print copy of our newest publication, "What Matters".
Either way, thanks alot for your interest in the Quarterly!
absorb some business thinking by osmosis
Thank-you Jennifer!
In my book Working in IT [ I was tempted to say "my latest book" but I have FIVE latest books] I suggest that techoes who want to absorb some business thinking by osmosis should subscribe to McKinsey Quarterly and the Economist for a year or two. That'll do it. Worked for me.
HBR
Please don't forget Harvard Business Review
James Finister
Wolston Limited
www.wolston.net
www.coreITSM.com
http://coreitsm.blogspot.com/
Quite
and it is a good short analysis document (11 pages or so) probably worth the Premium cost on its own in the right business generating or supporting context.
Regards
Dave
underselling
US$150 for one doc? I'm underselling my CMDB debate download! 81 content pages for $7.95. I should ask $1050
guest pass
How'd you do that? They don't give me a guest pass :( Word must be out....
Only Sometimes...
Skep,
They only send the guest passes out occasionally. I think it's driven by their internal marketing campaign folks to drive subscriptions. Unfortuantely, most of the time, I get ones for stuff I didn't want anyway! :-)
Best,
kengon