Forward Thinking

Integration of forward-thinking multidisciplinary evaluation (e.g., value network, value systems, and value options) enhances the IT value network framework and IT value proposition, transitioning from inconclusive shareholder value to maximum stakeholder economic value. Value networks seek to determine the sociotechnical economic value of member relationships within a defined system. Loosely coupled with social networking, the focus of value networks is on the value created by the knowledge acquired through the application of technology, culminating in the eventual value exchanges of products and services. The IT value network framework advocates the integration or convergence of business process and system redesign as a way to capture higher levels of IT value.