Investing in an Intranet

INTRANETS--INVEST FIRST, ANALYZE LATER

1. The "invest first, analyze later" approach is appropriate when technology is initially introduced and it is difficult to quantify the costs and paybacks associated with the technology. In these situations, managers can rely on their expertise and their understanding of the technology and the benefits that it will provide their business. This approach is inappropriate when it is unclear how the technology will benefit the company, or when the company has a history of unprofitable early adoptions.

2. To some degree, the shift toward traditional analysis has already occurred. This is because intranets

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Category: Economics - I