{"id":"https://openalex.org/W65154295","doi":null,"title":"Investment Spend Optimization: A New Approach to IT Investment at BMO Financial Group","display_name":"Investment Spend Optimization: A New Approach to IT Investment at BMO Financial Group","publication_year":2010,"publication_date":"2010-01-01","ids":{"openalex":"https://openalex.org/W65154295","mag":"65154295"},"language":"en","primary_location":{"id":"pmh:oai:aisel.aisnet.org:misqe-1187","doi":null,"is_oa":false,"landing_page_url":"https://aisel.aisnet.org/cgi/viewcontent.cgi?article=1187&context=misqe","pdf_url":null,"source":{"id":"https://openalex.org/S30879505","display_name":"Journal of the Association for Information Systems","issn_l":"1536-9323","issn":["1536-9323"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310321080","host_organization_name":"Association for Information Systems","host_organization_lineage":["https://openalex.org/P4310321080"],"host_organization_lineage_names":["Association for Information Systems"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"MIS Quarterly Executive","raw_type":"text"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5069787306","display_name":"Heather A. Smith","orcid":"https://orcid.org/0000-0002-0089-7407","observed_orcids":["https://orcid.org/0000-0002-0089-7407"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Heather A. Smith","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-0089-7407","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5104357771","display_name":"James D. McKeen","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"James D. McKeen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":null,"display_name":"Cathryn M. Cranston","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Cathryn M. Cranston","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Michelle Benson","orcid":"https://orcid.org/0000-0001-9479-6481","observed_orcids":["https://orcid.org/0000-0001-9479-6481"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Michelle Benson","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-9479-6481","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.5366,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":{"value":0.89294588,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"9","issue":"2","first_page":"5","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11572","display_name":"Information Technology Governance and Strategy","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11572","display_name":"Information Technology Governance and Strategy","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13034","display_name":"Information Systems Education and Curriculum Development","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11912","display_name":"Outsourcing and Supply Chain Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/it-investment-management","display_name":"IT investment management","score":0.8889999985694885},{"id":"https://openalex.org/keywords/it-budgeting","display_name":"IT budgeting","score":0.9549999833106995},{"id":"https://openalex.org/keywords/it-governance","display_name":"IT governance","score":0.6859999895095825},{"id":"https://openalex.org/keywords/project-prioritization","display_name":"project prioritization","score":0.8050000071525574},{"id":"https://openalex.org/keywords/return-on-investment","display_name":"return on investment","score":0.7490000128746033}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6781589984893799},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.557267963886261},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5297808647155762},{"id":"https://openalex.org/C2781311116","wikidata":"https://www.wikidata.org/wiki/Q83306","display_name":"Group (periodic table)","level":2,"score":0.5183102488517761},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.46468308568000793},{"id":"https://openalex.org/C181308471","wikidata":"https://www.wikidata.org/wiki/Q25245118","display_name":"Open-ended investment company","level":4,"score":0.4138139486312866},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36516061425209045},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.2752058207988739},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2473391890525818},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.13105708360671997},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.0832807719707489},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C178790620","wikidata":"https://www.wikidata.org/wiki/Q11351","display_name":"Organic chemistry","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:aisel.aisnet.org:misqe-1187","doi":null,"is_oa":false,"landing_page_url":"https://aisel.aisnet.org/cgi/viewcontent.cgi?article=1187&context=misqe","pdf_url":null,"source":{"id":"https://openalex.org/S30879505","display_name":"Journal of the Association for Information Systems","issn_l":"1536-9323","issn":["1536-9323"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310321080","host_organization_name":"Association for Information Systems","host_organization_lineage":["https://openalex.org/P4310321080"],"host_organization_lineage_names":["Association for Information Systems"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"MIS Quarterly Executive","raw_type":"text"},{"id":"mag:65154295","doi":null,"is_oa":false,"landing_page_url":"http://dblp.uni-trier.de/db/journals/misqe/misqe9.html#SmithMCB10","pdf_url":null,"source":{"id":"https://openalex.org/S48312676","display_name":"MIS Quarterly Executive","issn_l":"1540-1960","issn":["1540-1960","1540-1979"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-2","norway-1","poland-140","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319732","host_organization_name":"Indiana University Press","host_organization_lineage":["https://openalex.org/P4310319732"],"host_organization_lineage_names":["Indiana University Press"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"MIS Quarterly Executive","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2588867488","https://openalex.org/W3005133847","https://openalex.org/W2345751474","https://openalex.org/W1601813424","https://openalex.org/W7214790951","https://openalex.org/W2588106819","https://openalex.org/W2069446501","https://openalex.org/W4408576360","https://openalex.org/W7020151398","https://openalex.org/W2912464013"],"abstract_inverted_index":{"Investment":[0],"Spend":[1],"Optimization\u2014ISO\u2014is":[2],"a":[3],"disciplined,":[4],"business-driven,":[5],"enterprise-wide":[6],"approach":[7],"to":[8,37,47,124],"evaluating":[9],"and":[10,46,73,78,90,113],"managing":[11],"IT":[12,28,44,59,127],"investments.":[13],"Devised":[14],"by":[15,102],"BMO":[16,93],"Financial":[17],"Group,":[18],"it":[19],"has":[20,94],"been":[21],"used":[22],"since":[23],"mid-2007":[24],"for":[25,58,119],"the":[26,35,39,64,75,79,86,104],"annual":[27,80],"budget-setting":[29],"process.":[30,82],"The":[31,99],"ISO":[32,65],"process":[33,66],"enables":[34],"bank":[36],"articulate":[38],"expected":[40],"return":[41],"on":[42],"its":[43],"investment":[45,128],"closely":[48],"track":[49],"that":[50],"return,":[51],"with":[52],"business":[53],"managers":[54],"being":[55],"held":[56],"accountable":[57],"spending.":[60],"This":[61],"article":[62,100],"describes":[63,85],"in":[67],"detail\u2014the":[68],"way":[69],"projects":[70],"are":[71],"categorized":[72],"prioritized,":[74],"governance":[76],"structure,":[77],"planning":[81],"It":[83],"also":[84],"substantial":[87],"qualitative,":[88],"quantitative,":[89],"ancillary":[91],"benefits":[92],"obtained":[95],"from":[96,110],"adopting":[97],"ISO.":[98],"concludes":[101],"identifying":[103],"lessons":[105],"other":[106],"organizations":[107],"can":[108,117],"learn":[109],"BMO\u2019s":[111],"experience":[112],"providing":[114],"guidelines":[115],"they":[116],"use":[118],"devising":[120],"their":[121],"own":[122],"approaches":[123],"making":[125],"better":[126],"decisions.":[129]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":4}],"updated_date":"2026-09-29T14:09:16.559479","created_date":"2016-06-24T00:00:00"}