Enterprisewide Information Economics: Latest Concepts

Abstract

Much has been written about how the management of information technology must change so that the enterprise can gain (or maintain) a competitive edge. To accomplish this, the way information technology is financially justified must also change. This article addresses the problem of how to measure and justify the necessary investments in information technology using enterprisewide information economics (EωIE), which provides a taxonomy and an action plan for financial justification of information technology.

Additional information

Notes on contributors

Marilyn M. Parker

Marilyn M. Parker is the co-investigator of an IBM-sponsored joint study at Washington University in St. Louis on enter-prisewide information management. She is also a widely published author and internationally known lecturer on the subjects of information economics and strategic planning.

Robert J. Benson

Robert J. Benson is an associate vice-chancellor for computing and communications and the dean of the school of technology and information management at Washington University, Benson is also involved in the joint study.