Business Case Method Research Articles

Teaching the International Business Case Competitions Course

This article provides three benefits to the reader. The first is a comprehensive review of the traditional classroom business case method and the wide-spread benefits of case competition participation. The second is a thorough description and plan for the delivery of the new IB Case Competition course. The third is that we can prepare our students for the future of work by guiding their participation in worldwide IB Case Competitions only after students have taken the IB Case Competitions course.

VAL IT FRAMEWORK 2.0 : PENILAIAN INVESTASI TEKNOLOGI INFORMASI PADA SEKOLAH TINGGI MULTI MEDIA “MMTC” YOGYAKARTA

Placement of funds at this time in the hope of future gain is essentially the investment, on the other hand that the output is used by private companies to produce output in the future is called investment. Value of investment based on business valuation means the value of an asset or to specify or memprospektifkan ownership. Type this value into account ownership of the knowledge, skills, expectations of risk and earnings potential, as well as other factors. The benefits of the investment will be felt in the period tertentu.Namun how investment can be measured and the known benefitsare appropriate in pengimplemtasiannya.The concept of Val IT Framework 2.0, which was initiated by the Information Technology Governance Institute (ITGI) (2008), through the experience of a set team of practitioners, academics, and practices, some of the methodologies, and research to develop the Val IT framework. Development of the Val IT framework with several research activities, publications and support services. Val IT consists of a set of basic principles and the three main processes for measuring the value of IT Value Gavenance, Portfolio Managament, Investment Management.Masing these 3 main process then broken down into several sub-items. Through the business case method can provide a complete picture and transparent to the management on the benefits of an investment and helps the management to make decisions on investment, so it can be used as controls achieving the expected value of an investment in Information Technology. Keywords: IT investments, Val IT, Business Case.

Useful business cases: value creation in IS projects

Business cases have become popular as part of managing value creation in IS projects. Nevertheless, business cases are often poorly linked to value creation activities and organizations struggle to develop business cases that are useful and express more than simple cost savings. This action research study seeks to improve the usefulness of business cases in IS projects. We used collaborative action research with Danish municipalities to improve their practices when developing and using business cases and to change their perceptions of what constitutes a good business case that is useful during implementation and value creation. This article presents lessons learned from our action research, lessons that we incorporated into a business case method and subsequently evaluated with IS managers. There are three lessons on (1) improving the content of business cases, (2) how to develop business cases, and (3) the use of business cases in subsequent value creation. These lessons summarize our findings and the contributions are that we in the business case method propose to (1) include minimal contents, (2) develop social commitment, and (3) structure for dynamic use during value creation. We discuss the lessons and contributions related to research on IS business cases and value creation.

Harvard Business School (HBS) Case Method to Teaching English for Business Communication

The present research investigated the effectiveness of Harvard Business School (HBS) case method to teaching English for Business Communication in an EFL context. The HBS case method is a commonly-used approach in the field of business and management to prepare MBA students for the challenges of leadership. In contrast, in the field of English language teaching, task-based learning (TBL) focuses on doing meaningful tasks using the target language. The definitions of tasks and the rationale of TBL are first discussed and then the TBL approach and the HBS case method are compared. The pedagogical framework is underpinned by content-based instruction, business case study and task-based learning, in which each approach has its source and theories to support it. A series of independent-groups t-tests were conducted to compare the English-majoring students’ oral performance on business communication with and without the instruction of HBS case method. To find out English majors’ perception toward the business case method, questionnaires were distributed as a follow-up study. Results provide some evidence for the effect of the case method on participation. Questionnaires reflect the learners’ need for specialist knowledge as well as oral communication skills.

From Productivity Strategy to Business Case: Choosing a Cost-Effective Intervention for Workplace Innovations

The article presents an approach to developing cost-effective interventions for workplace innovations for entrepreneurs who seek to enhance the productivity of an organization. The business case method is used to extend the Q4-model of productivity, which supports developing a productivity strategy in order to choose a cost-effective intervention. The approach offers the opportunity to trade off quantitative factors against qualitative factors; therefore, it is applicable to both profit sectors of industry and nonprofit sectors. The study sets out the steps in the approach and presents two case studies from different industrial sectors (public services and manufacturing) in which the approach has proved applicable. The Q4-model provides practical support to entrepreneurs in their efforts to innovate and improve productivity and is not for measuring the quantity and quality of input and output factors. Entrepreneurs are supported in developing a productivity strategy, combining a mix of quantity and quality input and output factors, and in the transformation of this strategy into a practical intervention. To facilitate the entrepreneurs to choose from different commercial options, the Q4-approach allows for the definition of its business case.

The business case method: an examination of a 2009 case competition

The purpose of this paper was to compare, contrast and analyze the business case formats of college students involved in a business case competition. The authors observed and documented teams of business students from 6 colleges in Ontario, Canada. The teams had 20 minutes to prepare a solution from a given business case using their own case format. Findings revealed that colleges used different formats, along with various headings, and in some cases in different sections of their presentations. The paper has contributed to management-education by helping business schools as well as case competition organizers be aware the case format is an important aspect to solving business cases. Further study is required to better understand whether a standardized format or a variety of formats is more effective at making management decisions.

Valuing Risky Projects with Real Options

OVERVIEW:This article provides technologists with the business-case methods and tools to calculate the value of projects involving risky new technology or markets but that potentially offer higher returns in the long run. A typical business case using NPV analysis is presented for a new product, an air freighter. NPV is first extended to multi-scenario analysis and then to a “what-if” model using Monte Carlo simulation. Finally, a real-option value for the air freighter is calculated. Based on the same concept as traded financial options, a real option is a contingent investment in “real” physical assets such as a corporate technology project. Boeing's new real-option value algorithm, the Datar-Mathews Method, is both intuitive and transparent. It gives technology managers an investment and risk-modeling tool they can incorporate into strategic thinking and contingency planning.

Doing mini–health technology assessments in hospitals: A new concept of decision support in health care?

The purpose of this project was to evaluate local decision support tools used in the Danish hospital sector from a theoretical and an empirical point of view. The use of local decision support was evaluated through questionnaires sent to all county health directors, all hospital managers, and all heads of clinical departments in cardiology, orthopedic surgery, and intensive care. In addition, respondents were asked to submit whatever decision support tools they were using (including mini-HTAs, other forms or checklists, and special procedures for decision making concerning new health technologies). A theoretical analysis of the decision support tools (decision theory) was performed as well as a comparison with the business case method used in private companies. Finally, the Danish mini-HTA was compared with foreign production and use of HTA and HTA-like assessments as local decision support. The response rate was high (87 percent, 94 percent, 85 percent, respectively). We collected sixty different forms (of which forty-nine were mini-HTAs) and twenty variants of written procedures. We found theoretical and empirical evidence that local involvement in the process of making the HTA could be important for the use of the results from the HTA and for the process of implementing the new technology. Doing mini-HTA in hospitals seems to balance the need for quality and depth with the limited time and resources for assessment.

Casuistry and the Business Case Method

Abstract:This article argues for the compatibility of casuistry and the business case method. It describes the salient features of casuistry and the case method, shows how the two methods are similar yet different, and suggests how elements of casuistry might benefit the use of the case method in management education. Toward these ends, it shows how casuistry and the case method are both inductive and practical methods of reasoning focussed on single settings and real-life situations and how both methods stress that real-life decision making is not the exclusive domain of experts. It also shows how casuistry and the case method are not identical processes but have different purposes and emphasize order and problem-resolution differently. In the end, Casuistry and the Business Case Method suggests that, despite their differences, casuistry and the case method might be brought together to benefit business management and the field of business ethics.