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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Service Oriented Investment

Service Oriented Investment
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Author(s): Marc Rabaey (Vrije Universiteit Brussel, Brussels, Belgium), Eddy Vandijck (Vrije Universiteit Brussel, Brussels, Belgium), Koenraad Vandenborre (University Gent, The Netherlands) and Martin Timmerman (Royal Military Academy Brussels, Brussels, Belgium)
Copyright: 2006
Pages: 2
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch134
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

In this ever faster changing world organisations have to be very flexible in organising their resources and processes. This paper proposes a capability approach to solve the problems related to constantly changing environment. A link is also laid between the capability approach and Service- Oriented Architecture, which supports adequately the capability approach. The assessment of the investments is based on real options method because of the great uncertainty caused by this environment. However, the use of the Real Options is not obvious for a profit organisation. In particular the assessment of returns is difficult. For a non-profit organisation, it is hardly to accomplish. Therefore this paper introduces the notion of Service Options to suite better the assessment of investments in “Capabilities delivering Services”.

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