Michael Harris, author, speaker and President & Owner of DCG Software Value, is passionate about the topic of Visualizing the Value of IT and is considered a thought leader in the software development industry. He believes that organizations need to focus less on cost and resource utilization as decision points and more on maximizing the business value of their software.
A "Show Me the Money" Approach to Software Development
Organizations today are at a significant disadvantage by not making decisions based on economic data
during their software development lifecycle. Just like other areas of the business, software development
initiatives must also take a “Show Me the Money” approach. IT departments should be expected to deliver both a business and economic value; and if they can’t, the initiative should not go forward.
Collaboration is Key to Assuring Value
To achieve both the business and economic value goals of a software development initiative, it is imperative that the business units and IT collaborate to define these values and that they be held accountable to monitor the progress. Including IT in these discussions positions them to clearly understand the value of their initiative and to make data-driven decisions. This collaboration will result in the desired business and economic outcomes.
5-Step Process to Visualizing the Value
A simple 5-step process such as the Value Visualization Framework (VVF) enables stakeholders to jointly set goals, make data-based decisions and measure against those goals. Although the savings will vary, one thing is certain – organizations WILL save money on their software development costs by using this process.
Visualizing the Value of Software: Understand the core driver for the Value Visualization concept and how using such a concept can enable CIOs to address the needs of their organizations by maximizing the business value of software.
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Mike Harris is an internationally recognized author and speaker. Invite him to speak at your next event!
Phone: 610-644-2856 x22
View my videos on YouTube.
Effective Queue Management Can Drive Software Business Value. Read it now.
Software Value Needs to Start at the Top. Read it now.
Simple Metrics to Measure Value - CoD and WSJF. Read it now.
Lean Principles Help Drive Software Value. Read it now.
Tips for Visualizing the Value of Software. Read it now.
Is Software a Tangible or Intangible Asset? Read it now.