Thursday 18 April 2013

The Modern Organization Functioning in a Global Environment ..

1] * We always hear the term 'Business Process', but what does it mean?
 It is a collection of related activities that produce a product or a service of value to the organization, its business partners and its customers.


* There are processes which include one functional area & there are processes which cross functional areas ---> Product design.


* As any process, well management is crucial to performance.
 |___ Organizations emphasize Business Process Management (BPM)
        |___ A management technique that includes methods and tools to support the design, analysis, implementation, management and optimization of business process. 


2] Data, Information & Knowledge.


 .Data : Elementary description of things, events, activities and transactions that are recorded,    classifies and stored, but not organized to connvey any specific meaning.

 .Information : Data that have been organized so that they have meaning and value to the recipient.

 .Knowledge : Data or information that have been organized and processed to convey understanding, experience, accumilated learning and expertise as they apply to a current business problem.


3] Information Technology Infrastructure & Architecture.

 .IT Infrastructure :
Consists of:
1) Physical facilities
2) IT components
3) IT services
4) IT management --- Support the entire organization.


 
 
 
 
 .IT Architecture :
 Integrates the information requirements of the overall organization and all individual users, IT infrastructure and all participants.



4] The Global Web-based Platform.

.Enables individuals to connect, compute, communicate, compete & collaborate everywhere & anywhere, anytime and all time & to access infinite amounts of information, services & entertainment.

. Operates regardless of geography, language barriers, time & distance.
  
.Consist of components that comprise the internet and the World Wide Web :

1) Hardware
2) Software
3) Communication technologies







5] Business Pressures. 






.The business environment consists of different factors. Changes in any of them is likely to creat pressure on the business. The factors are :

1) Socail
2) Legal
3) Economic
4) Physical
5) Political

. How do organization respond to pressure??
 With IT-supported activities.
   |___ Strategic Systems
   |___ Customer Focus
   |___ Make-to-order
   |___ Mass Customization
   |___ E-business      



END ..

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