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Value-Based Management (VBM) may help focus and improve a company's governance strategy and thereby balance and increase its growth in value. VBM offers a qualitative addendum to an organization's quantitative performance metrics and helps bring consistency and cohesion to decision-makers at every level. IT managers can benefit from value-based decision-making and should consider employing VBM in their daily processes.
Many companies have found long-term success by implementing value-driven programs. However, VBM relies heavily on a company's established strategy and capability and may not be the right choice for some in a tough economy.