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Reducing Costs – Increasing the Efficiency and Effectiveness through IT

In: Strategic IT Management

Author

Listed:
  • Dirk Buchta
  • Marcus Eul
  • Helmut Schulte-Croonenberg

Abstract

There is a natural limit to how IT can generate economic benefits and increase corporate value: It’s IT cost. Many value-oriented IT projects are discontinued, not because the resulting benefits cannot be quantified but because the company’s focus has shifted. And this shift does not necessarily have to include changes in the long-term corporate strategy, as would be caused by external developments in market and competition: To produce less-than-positive effects, all a company needs to do is shift its focus from IT growth drivers to IT-driven cost reductions, as often happens in times of economic downturns or internal restructuring.

Suggested Citation

  • Dirk Buchta & Marcus Eul & Helmut Schulte-Croonenberg, 2010. "Reducing Costs – Increasing the Efficiency and Effectiveness through IT," Springer Books, in: Strategic IT Management, edition 3, chapter 0, pages 139-211, Springer.
    • Handle: RePEc:spr:sprchp:978-3-8349-8823-2_4
    DOI: 10.1007/978-3-8349-8823-2_4
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