8. Criteria: business improvement

The 'return' on an investment for a new system may be less tangible compared to a straightforward money or technical improvement. Furthermore, it may take a while to actually measure a change. For example, a relevant business improvement might be:

Market Share

The system may have been developed to provide competitive advantage in order to gain market share. In which case the evaluation criteria should include a measure of market share set in the short term future - maybe market share measured six months after system roll-out.

Customer Relations

This is a key topic for many businesses and many systems provide support for this. For example a 'CRM' (Customer Relationship Management) system helps organise and automate this interaction. So developing a set of evaluation criteria to measure this may be important.

Brand Identity

Organisations may invest in systems to improve brand awareness. For example a system to deal with social media. Even this can be readily measured by doing brand recall and brand awareness studies.

Conclusion

If a system is intended to support a less tangible aspect of the company, then quantifiable evaluation criteria should be developed and agreed upon.

 

Challenge see if you can find out one extra fact on this topic that we haven't already told you

Click on this link: Modeling a business process

 

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