Robert Metcalfe popularized the idea ofthe "network effect," where the value of a network grows exponentially in proportion to the number of users and things on that network. Many people these days wonder if this principle applies to the "bring your own device" (BYOD) trend-where the complexity of all the devices, software, and standards that must be accommodated may cause some IT leaders to question whether the promised value is worth the headache.

Certainly there's potential for tremendous value: the most recent report from Cisco Consulting Services onthe Financial Impact of BYOD reveals that with the right approach to implementation, companies across the globe could be generating an average annual value of $1,650 per mobile user. In the United States, than number grows to$3,150.

So, how can you know whether or not you are realizing the full potential of BYOD in your company? And more important, how can you progress from wherever you currently are along the value journey to where you want to be?

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