From networks to databases, email to voicemail, the amount of capital being invested in information technology each year is staggering. By 1996, U.S. firms were spending more than $500 billion annually on software, networks and staff. The recently merged Bank of America and NationsBank have an initial IT budget of 4 billion dollars. As firms like this push rapidly into the business world of the 21st century, the question has remained: how do firms measure returns from these substantial investments in information technology? Henry C. Lucas, effectively answers this question by providing a...
From networks to databases, email to voicemail, the amount of capital being invested in information technology each year is staggering. By 1996, U.S. ...
In the roaring 1990s, many companies seemed to claim great victories-acquiring another company, obtaining state-of-the art technology, or hiring a potential CEO savior-only to find that they had made a great mistake. The term "Winner's Curse" was coined by economists to explain an effect commonly observed in auctions. In such situations, since the winning bidder is usually the most optimistic about the value of the item being auctioned, there is a very good chance that the bid will be more (sometimes much more) than the item is worth. So a company that overvalues a good or service,...
In the roaring 1990s, many companies seemed to claim great victories-acquiring another company, obtaining state-of-the art technology, or hiring a pot...
Managers must be able to keep pace with the latest technological advances and make decisions on what needs to be implemented. This book gives them the tools to effectively manage technology in a 21st Century organization. The author clearly demonstrates how to best allocate resources to and within the technology function.
Managers must be able to keep pace with the latest technological advances and make decisions on what needs to be implemented. This book gives them the...
From iPods to EZPass technology to YouTube to eGovernment initiatives, the impact of technology is changing our lives more and more each day. This book, a counterpart to a Maryland Public Television documentary, chronicles how and why and shows ways people can take advantage of the revolution in their personal and professional lives. As technology expert Henry C. Lucas, Jr., argues, the fundamentals of business and the economy--not to mention the details of daily life--are changing in every market, in every industry, and in every nation. This book explores the most significant of these...
From iPods to EZPass technology to YouTube to eGovernment initiatives, the impact of technology is changing our lives more and more each day. This ...
In recent decades, technology has changed rapidly to the point that it can very quickly affect a seemingly impregnable company or industry. Unexpected technological developments enable innovators to offer new products and services that threaten incumbents. In order to survive, existing firms must be able to see a disruption on the horizon and figure out how to respond.
"The Search for Survival: Lessons from Disruptive Technologies" examines organizations that failed to develop a strategy for coping with a technological disruption and have suffered greatly or even gone out of business....
In recent decades, technology has changed rapidly to the point that it can very quickly affect a seemingly impregnable company or industry. Unexpec...
