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A Proposal of Integration Between IT Governance and Business Balanced Score Card

A Proposal of Integration Between IT Governance and Business Balanced Score Card
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Author(s): Antonio Folgueras Marcos (Carlos III University, Spain), Ángel Garcia Crespo (Carlos III University, Spain) and Belén Ruiz Mezcua (Carlos III University, Spain)
Copyright: 2007
Pages: 4
Source title: Managing Worldwide Operations and Communications with Information Technology
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-929-8.ch198
ISBN13: 9781599049298
EISBN13: 9781466665378

Abstract

Useful management models have to work with the most important aspects in a modern organization: environment, market analysis, innovation, learning, operation, diffusion, reengineering and added value. These terms are related in a supply demand schema under a dynamic systems based frame, because the supply demand schema is the best way to understand and simulate the real daily operation of every organization. The New Economy behavior is not possible to replicate or simulate with classical theories based on internal organization characteristics or considering modern concepts (as innovation, for example) in a more or less isolated way. These concepts (environment, market analysis, innovation, learning, operation, diffusion, reengineering and added value) cannot glue any old how, they have to be absorbed in a modern system based context. A new conception of how to measure the value added is supported by this new business system based dashboard. Nowadays it is impossible to delay more the preponderance of Information Economics and Information Systems as essential frame to understand the enclosing of our organization in a marked leaded by concepts such as: effectiveness, integration and globalization. The name of this new conception that joins the best of IT Governance proposal with the best of Business Balanced Scored Card idea is SBMIII (System based Business Model by three views).

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