Transforming the Enterprise of Acquiring Public Sector Complex Systems

Abstract

The acquisition of public sector complex systems is time consuming, very expensive, and rife with uncertainties. The enterprise associated with acquisition is an excellent candidate for transformation fundamental change to achieve substantially higher levels of value. This paper argues that choosing among alternative transformation initiatives should be based on an enterprise-wide perspective as well as an economic valuation of the alternative investments. An options-based methodology for assessing economic value is presented and illustrated.