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The Art of Business Value Kindle Edition
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About the Author
- ASIN : B07B425Y3K
- Publisher : IT Revolution Press (April 7, 2016)
- Publication date : April 7, 2016
- Language : English
- File size : 2644 KB
- Text-to-Speech : Enabled
- Enhanced typesetting : Enabled
- X-Ray : Enabled
- Word Wise : Enabled
- Print length : 162 pages
- Lending : Not Enabled
- Best Sellers Rank: #531,817 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
Top reviews from the United States
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I did look at the review when I first bought this and I ignored the 1-Stars and looked at the 4 and 5 Stars. Not sure what book they read to give it that high of a rating.
The author does a great treatment of ROI (Return on Investment – does anyone ever really measure that?), NPV (Net Present Value), MVA (Market Value Added) and SVA (Shareholder Value Added). I especially enjoyed the humorous practical example that revealed a surprising truth that acquiring an MBA can easily have a negative NPV (in other words, a bad investment!) So save your money and pay attention to the author’s "four-paragraph MBA" (p. 20) that unpacks the main two principles learned in an MBA: 1) There is time value of money and 2) A business venture needs a sustainable competitive advantage.
Legacy IT architecture and bureaucracy are often considered negatives and obstacles to progressive competitive relevance but the author brings a refreshing perspective on the “value” of that complex hairball of legacy and rules and the right way to polish and transform them.
“The purpose of an Agile team is to self-organize and meet the underlying business need in the best way possible, often by cutting through the bureaucracy.” (p 55)
“The DevOps model…looks to break down the silos that have resulted from technical specialization over the last few decades. But the DevOps spirit goes further looking to eliminate the conflicting incentives of organizational silos and the inhumane behaviors that can result from those conflicting incentives.” (p 48)
“Bureaucracy delivers business value. Just sometimes not enough.” (p 59)
…”developers are bureaucrats by nature. We have a tendency to solve problems by creating standard processes rather than by relying on human judgment.” (p 54)
“The pipeline is an automated bureaucracy: it applies its rules in a rigorous, unemotional way, sine ira et studio. That does not mean that the software development process is unemotional; it means that the tools are unemotional and the passion is brought to the process by the people.” (p 105)
And on Business Value…
“Business value is a hypothesis held by the organization’s leadership as to what will best accomplish the organization’s ultimate goals or desired outcomes.” (p 90)
I highly recommend this book to IT leaders, digital executives, strategic managers, and anyone seeking to make their organization more agile, effective, relevant, competitive and humane.
Us agile transformation leaders talk about BV constantly, but the fact that we all have different definitions of it has become The Elephant In The Room.
We owe Mark for tackling this, explaining it through relevant lenses and frameworks, and giving us all an excellent map to use as we define and manage business value for ourselves.
A must read for agile practitioners and leaders!
Impressive with customer value may be not business values; and the way new CIO must be act as leader and answer business (CEO) question. It's very worth.
Thanks for sharing experienced of Author.
Top reviews from other countries
Once you get to the last third of the book it is full of suggestions, thought-provoking comments and personal challenges to you as a technology leader, management consultant or business leader who depends on technology.
Written by a CIO with a sense of humour that has no issue with casting dispersion upon his role or how It is viewed or views others; this book leads on a careful exploration of what is value, what is technology and what then is the value of technology to a business. Why, when and how do you know that what you are doing matters? Top ten book for technology management.