Submitted by Martin Sumner-Smith on Thu, 09/16/2010 – 16:01
Demonstrable value goes a long way to supporting the deployment of new software tools.
For structured business processes, return on investment (r.o.i.) is comparatively easy to estimate. Where unstructured or semi-structured digital content items (e.g. documents, spreadsheets, faxes, etc.) enable a given structured process (e.g. accounts receivable) their contribution to the overall value created is also typically quantifiable.
Where the process itself is unstructured the measurement of value is much harder. Perhaps the largest class of unstructured processes in a company fall in the category of knowledge work. The difficulties organizations have in understanding knowledge work is highlighted in an article just published in the McKinsey Quarterly entitled: “Boosting the productivity of knowledge workers”.
- Aside: Unfortunately a subscription is required to read the full article – hopefully you have one.
- Physical
- Technical
- Social or Cultural
- Contextual, and
- Temporal