Measuring the ROI of Collaboration
LIXI is often asked the question, "What is the ROI of using standards within my organisation?" Being an industry body, LIXI is not privy to the business information required to answer this question. What LIXI does know is that the estimated efficiency gains to the industry of using LIXI standards is worth an estimated $30M per year.
This article,"ROI for Collaboration is Fool's Gold", suggests some of the reasons it is so difficult to define the return on investment of collaboration and encourages organisations to consider that "it is easier to see the value of collaboration within the context of a process."
This article is highly recommended if the ROI of collaboration is a question that has ever crossed your mind.