BecomeTheBoss.net Small Business Networking Breakfast Club Recommends – Wired for Innovation: How IT Is Reshaping the Economy

Author: Erik Brynjolfsson and Adam Saunders

Book Title: Wired for Innovation: How IT Is Reshaping the Economy


  

Wired for Innovation: How IT Is Reshaping the Economy A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education.

Drawing on work done at the MIT Center for Digital Business and elsewhere, Brynjolfsson and Saunders explain how to better measure the value of technology in the economy. They treat technology as not just another type of ordinary capital investment by also focusing on complementary investments--including process redesign, training, and strategic changes--and on he value of product quality, timeliness, variety, convenience, and new products.

Buy Now Wired for Innovation: How IT Is Reshaping the Economy

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