IT delivering value

Another interesting article on delivering value in Computing (15 May 08) - "Harnessing IT value" reporting on research at Cranfield which came up with 6 competencies that organisations should have if they want to deliver value through IT:
creating strategy

1. defining the information system contribution : translating strategy into processes, information and systems investments
2. exploiting information : to maximise benefits
3. defining the capability : long term planning of architecture and infrastructure
4. implementing solutions
5. delivering IT supply