IT Business Value Measurement and Communication among German CIOs: A Conceptual Framework

Abstract

This paper applies design science research methodology to iteratively develop a framework for measuring and communicating IT business value from a CIO perspective. The framework design is based on analysis and integration of literature combined with empirical findings. The framework was evaluated by CIO interviews and a practical feasibility study. The results show that IT business value can be measured and communicated using our framework by applying six consecutive process steps. Thereby, IT business value is not a single number but a set of quantitative and qualitative metrics relevant to stakeholders. Our framework represents a novel and integrated approach on how CIOs can select appropriate metrics, measure, and communicate IT business value to stakeholders. In addition, the paper provides insights for CIOs on how to be successful in IT business value management.