The Value Visualization of IT
Michael Harris, author, speaker and President & Owner of DCG Software Value, is passionate about the topic of Visualizing the Value of IT and is considered a thought leader in the software development industry. He believes that organizations need to focus less on cost and resource utilization as decision points and more on maximizing the business value of their software.
The Value Visualization Framework
A "Show Me the Money" Approach to Software Development
Organizations today are at a significant disadvantage by not making decisions based on economic data
during their software development lifecycle. Just like other areas of the business, software development
initiatives must also take a “Show Me the Money” approach. IT departments should be expected to deliver both a business and economic value; and if they can’t, the initiative should not go forward.
Collaboration is Key to Assuring Value
To achieve both the business and economic value goals of a software development initiative, it is imperative that the business units and IT collaborate to define these values and that they be held accountable to monitor the progress. Including IT in these discussions positions them to clearly understand the value of their initiative and to make data-driven decisions. This collaboration will result in the desired business and economic outcomes.
5-Step Process to Visualizing the Value
A simple 5-step process such as the Value Visualization Framework (VVF) enables stakeholders to jointly set goals, make data-based decisions and measure against those goals. Although the savings will vary, one thing is certain – organizations WILL save money on their software development costs by using this process.
Important Downloads:
- WHITE PAPER: Mergers and Acquisitions - Software Value and Risks. By Michael D. Harris. May 2017. Download.
- WHITE PAPER: The Software Value Management Office. By Michael D. Harris. December 2016. Download.
- WHITE PAPER: IT as a Value Center. By Michael D. Harris. May 2016. Download.
- WHITE PAPER: How Can We Get More Value Out of Software Development. By Michael D. Harris. Spring 2015. Download.
- DATA SHEET: What is the Value Visualization Framework (VVF)? Download.
Recent Interviews, Articles and Presentations:
- INTERVIEW: A Commitment to Integrity. Interview with TMT Magazine. Fall 2016. Download.
- INTERVIEW: The "Show Me the Money" Approach to Software Development. Interview with Sticky Minds from August 2015. Download.
- ARTICLE: What is Productivity in Agile? Article on Scrum Alliance website. July 2016.Download.
- ARTICLE: Agile Governance: Value Metrics that Work. Article from Spring 2016 issue of Better Software. Download.
- ARTICLE: How Can We Get More Business Value Out of Software Development? Article from TechWell Insights from October 2015. Download.
- PRESENTATION: Portfolio Software Value Management. CIO Forum presentation from Michael D. Harris. May 2016.
Download.
Interesting in having Michael speak at an upcoming event? Download the speaker sheet.
Videos
Why the C-Suite Should Care About The Business Value of Software: Watch this video and find out why the c-suite should care about understanding the business value of their software, including understanding the value of the intellectual property they create, delivering more services for internal and external customers, and maximizing software value for the future.
Software Value: Value Visualization Framework Definition: By listening to this video, in less than a minute, you’ll understand the core definition of the Value Visualization concept and how you can use standard definitions to organize products based on a set of terms.
Visualizing the Value of Software: Understand the core driver for the Value Visualization concept and how using such a concept can enable CIOs to address the needs of their organizations by maximizing the business value of software.
Transforming the PMO to an SVMO: In this video, learn about the new role of the PMO as a SVMO and why a value management culture is important in determining the success of technology teams.
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Contact Mike:
Mike Harris is an internationally recognized author and speaker. Invite him to speak at your next event!
Email: m.harris@softwarevalue.com
Phone: 610-644-2856 x22
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