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Finance for IT Decision Makers

A Practical Handbook for Buyers, Sellers and Managers

  • Authors
  • Michael Blackstaff

Part of the Practitioner Series book series (PRACT.SER.)

Table of contents

  1. Front Matter
    Pages i-x
  2. Finance for IT Decision Makers

    1. Front Matter
      Pages 1-1
    2. Michael Blackstaff
      Pages 3-18
    3. Michael Blackstaff
      Pages 19-28
    4. Michael Blackstaff
      Pages 29-49
    5. Michael Blackstaff
      Pages 51-65
    6. Michael Blackstaff
      Pages 67-82
    7. Michael Blackstaff
      Pages 83-97
    8. Michael Blackstaff
      Pages 99-110
    9. Michael Blackstaff
      Pages 111-125
    10. Michael Blackstaff
      Pages 127-135
  3. Finance Fundamentals in a Nutshell

    1. Front Matter
      Pages 137-137
    2. Michael Blackstaff
      Pages 139-160
    3. Michael Blackstaff
      Pages 161-177
  4. Back Matter
    Pages 179-214

About this book

Introduction

Purpose The purpose of this book is to explain to information technology (IT) decision makers those aspects of finance that most affect their work. Most IT decision makers belong in one of two categories. Some know a lot about IT, but less about finance; the others know a lot about finance, but less about IT. In my experience, those in the first category often have to make financial decisions. Those in the second also, of course, have to make financial decisions, but about things whose characteristics stretch the normal financial and accounting rules up to, and sometimes beyond, their elastic limit. Among the characteristics of IT that provide interesting challenges for financial people are the following: • The accelerating rate of change • The short and unpredictable useful life of IT assets • The mixture of hardware, software and services • Upgradability • Networks that cross country boundaries • IT jargon Asked what characteristics of finance provide interesting challenges for IT people, many of them would answer - "Everything". However, items in the following selection are often particular causes of wonder: • Leasing • Why financial models always shrink benefits but never costs • Being told that a company with a mountain of profit is about to fail through lack of cash • Discovering that their budget has been charged with £113 485.

Keywords

Budget Finance Information Technology (IT) Investment Leasing business

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4471-0609-8
  • Copyright Information Springer-Verlag London Limited 1999
  • Publisher Name Springer, London
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-76232-4
  • Online ISBN 978-1-4471-0609-8
  • Series Print ISSN 1439-9245
  • Buy this book on publisher's site
Industry Sectors
Pharma
Automotive
Chemical Manufacturing
Finance, Business & Banking
Electronics
IT & Software
Telecommunications
Consumer Packaged Goods
Aerospace
Engineering