The engineering organization is one of the most important resources that any company can invest in. We as engineering leaders understand this intuitively, and CEOs often speak of their investments in R&D as competitive differentiators. But why is it that we always find ourselves speaking to the costs of engineering, but rarely the returns on it? There’s an opportunity to change this, and it starts with measuring the return on investment (ROI) of your software development teams.
Other department leaders use some form of return on investment (ROI) as a benchmark for deciding how their teams will focus their time and energy. But, the concept of ROI is not commonly applied to engineering teams. Why? Calculating ROI for engineering teams is seen as difficult, and in some cases it can be.
Jellyfish and Andela have partnered to equip engineering leaders with a guide on how to measure engineering ROI, the benefits that can be seen from measuring ROI across various areas, and the creative applications of ROI within engineering organizations.