Making the Invisible Visible: How Companies Win with the Right Information, People and IT - Hardcover

Marchand, Donald A.; Kettinger, William J.; Rollins, John D.; Kettinger, William; Rollins, John; Marchand, Donald

Hardcover

ISBN 10: 047149609X ISBN 13: 9780471496090

Publisher: Wiley, 2001

Synopsis

This book presents a new way of seeing the business value of information, people and IT as well as a way of measuring and managing these capabilities in order to improve business performance. Packed with real-world examples, the book presents the best and worst practices companies have implemented to address these issues. Case studies from more than thirty international companies are strategically used throughout the book, including Banco Bilbao Vizcayo, Philips Business Electronics, Amazon, Dell Europe, Ernst Young, General Electric, IKEA, Ritz Carlton Hotels, and Wal Mart. This fascinating guide offers a diagnostic tool that senior managers can use to evaluate the three information capabilities of their company. Plus, the book provides hands-on management prescriptions on how to improve a company s information capabilities and how to use these capabilities in achieving business strategies and in the implementating change.
We are all experiencing an information overload, be it internal to the organization or due to external influences of our own information intensive society. Much has been written on how companies should "tame the beast of information" and make it work in the organization's favour. What has not yet been covered is how an organization can actually comprehensively measure whether or not they are using information effectively to achieve better business performance, or in other words, how senior managers within an organization can measure "Information Orientation".
Following a major 2 year global research project in conjunction with Andersen Consulting, the authors of this book have been able to demonstrate that when a company is high on IO it will be high on business performance. However, beyond just using IO as a diagnostic tool or a benchmark for the effective use of an organization's information, it can also predict the organization's business performance. Invariably, a company does not make the best use of available information. Having assessed why and where the failings are, this book will provide ways in which senior managers can actively manage the different elements of their Information Capabilities to improve the usage of information.
Information Capabilities are defined in three ways: 1. Information Behaviours/Values 2. Information Management Practices 3. Information Technology practices. It is the total interaction of these three elements and the effective management of them that permits superior business performance. IO Maturity can be gained, but the authors illustrate that it is an iterative process that grows and changes in line with a turbulent environment. Managers of a high IO company realize the need to continually refine and improve their information use and to keep learning more about their business. IO begins at the top. It takes more than authorizing an IT investment and training staff to use information. It calls for different behaviours, values and practices by senior managers. This book provides the means to move towards IO maturity. It is the step beyond Information Technology to actually managing information.
The aim of this book is to make a previously invisible dimension of business management visible. A manager, after reading this book, will be able to see, measure and manage the information resources, people and IT in the company and improve business performance.

About this title

From the Back Cover

This book presents the breakthrough discovery of a new business performance metric that enables global enterprises to finally answer the important question: How well does it use information to improve business? The Information Orientation (10)(TM) metric measures 'business intelligence' by showing how effective management of information and IT, and people's behaviour with information are directly linked to business performance.
'Information is a forceful weapon in creating competitive advantages to increase customer satisfaction, employee morale and shareholder value'. -- Puis Baschera, CEO, Hilti Corporation, Liechenstein
'The technology and processes to capture and analyze information are available to us all. However, this book vividly demonstrates the link between information capabilities and business performance and provides valuable guidance to unlock the potential.' -- John S. Boardman, CEO, Dubai Aluminium Company, United Arab Emirates
'By applying the Information Orientation framework and guidelines to our business and improving our information, people and IT capabilities for customers, we have demonstrable proof that established basic industry companies can excel at growth and innovation and leverage e-business opportunities in a developing market. A recommended read for senior managers getting their companies "e-business ready" in practice, not just in theory.' -- Paul Hugentobler, Vice Chairman, Siam City Cement Company, Thailand
'The ability to visualize the relation between Information, People and IT is a key factor for improving business performance in order to maintain competitive strength.' -- Göran Lenkel, Managing Director, Skandiabanken, Sweden
'The IT industry is now representing a global $1.4 trillion marketplace - it is about time that we start to look at real performance and pay back of IT investments.' -- Peter Ohnemus, Co-Founder and Vice Chairman, The Fantastic Corporation, Switzerland

From the Inside Flap

Companies in the e-economy are under increasing pressure to show strong business performance and to maximize information resources to produce results. Information is a company's most important currency in building and maintaining a competitive edge today. Technology has enhanced our ability to gather and process information. Companies worldwide spend more than $1.4 trillion on information technology, but until now, there has been no way to measure the effectiveness of IT within the organization, or its real impact on the bottom line.
Following a major two-year global research project involving 1,009 senior managers from over 100 companies representing 22 countries and 25 industries, the authors have proven that when a company is high on Information Orientation (IO)(TM) it will be high on business performance.
Not only can IO be applied as a diagnostic tool or a benchmark to measure the effectiveness of an organization's information-use, it can also be used to predict business performance.
Information Orientation (IO)(TM) measures a company's Information Capabilities(TM) in three areas:
* Information behaviour and values of people
* Information management practices
* Information technology practices
The authors have validated that it is the total interaction of these three capabilities and their effective management that results in superior business performance.

Edition details

• Publisher: Wiley
• Publication date: 2001
• ISBN 10: 047149609X
• ISBN 13: 9780471496090
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 320