Excellence in IT Business Value Management Drives Real Financial Returns

Author:

According to Hackett Chief Research Officer Michel Janssen, “The IT BVM processes we’ve identified represent only 3 percent to 7 percent of the overall IT processes and resources. Yet by excelling in these areas, companies can drive dramatic bottom line benefits. Companies that accomplish this understand that the need to ‘get IT right’ is one of the critical capabilities to stay ahead of the competition.”

IT BVM is the latest of several key operational areas that Hackett has correlated with superior financial performance over the past few years. In 2006, Hackett research showed that companies where finance organizations excel at enterprise performance management deliver higher equity market returns than their peers. A separate 2007 Hackett study showed that companies where HR achieves top performance in talent management also drive superior financial performance.

While correlation of these competencies with financial performance does not prove causation, Hackett finds that excellence in these areas is a consistent attribute of high-performance companies.

A Research Insight providing more details on the findings described here is available, with registration, at the following URL: http://www.thehackettgroup.com/studies/itbvminsight/ information on The Hackett Group is available by phone at (770) 225-7300; by e-mail at info@thehackettgroup.com; or on the Web at www.thehackettgroup.com.More