Advisor

How Bad Can IT Decisions Be? Economics Says Sometimes Pretty Bad

Posted August 5, 2008 | Leadership |

Behavioral economics has emerged as the hot subspecialty in the dismal science today. While traditional economic theory assumed people were always rational actors in their decision making, from our experience in IT investments, we know otherwise. What can behavioral economics tell us about how to avoid the pathologies that creep into IT investment decision making and destroy value creation?

About The Author
John Berry
John Berry Senior Consultant John Berry is a management consultant with extensive experience in helping organizations execute strategies designed to deliver breakthrough value from IT and other investments. He is the inventor of a portfolio of strategic planning and value analysis methodologies that guide managers in their IT investment and sourcing decisions. He is also the author of Tangible Strategies for Intangible Assets (McGraw-Hill, 2004… Read More
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