I'M EXTREMELY LATE!
Well hello
everybody… This gonna be a long post
from me... Like I told in my previous post, I'm not a person who likes to be a
blogger even its have benefits to me as a students. So please don’t ever feel
weird why my blog are so empty .. Today,
I have a mood to face my laptop and complete my blog work.. Sorry guys.. I'm
going to cover 4 chapters in this post.. Let's start..!
CHAPTER THREE
(STRATEGIC INITIATIVES FOR IMPLEMENTING
COMPETITIVE ADVANTAGES)
SUPPLY CHAIN MANAGEMENT (SCM)
This strategic
involves the management of information flows between and among stages in a
supply chain to maximize total supply chain effectiveness and profitability.
Four basic
components are supply chain strategy, supply
chain partners, supply chain operations, and supply chain logistics.
Effective and
efficient supply chain management's effect on Porter's Five Forces been showed
in the figure below.
CUSTOMER RELATIONSHIP MANAGEMENT (CRM)
CRM involves
managing all aspects of a customer's relationship with an organization to
increase customer loyalty and retention and an organization's profitability.
BUSINESS PROCESS REENGINEERING (BPR)
Business process is a standardized set of
activities that accomplish a specific task. BPR is the analysis and redesign of workflow within and between
enterprises.
Figure below shows
the seven principles of business process reengineering.
ENTERPRISE RESOURCES PLANNING (ERP)
This last strategic
integrates all departments and functions throughout an organization into a
single IT system for the employees to make decisions by viewing
enterprisewide information on all
business operations.
*********************************************************************************************
CHAPTER FOUR (MEASURING THE SUCCESS OF STRATEGIC
INITIATIVES)
Measuring the
information technology's success is incredibly difficult but by KEY PERFORMANCE INDICATORS (KPI) it is not
impossible anymore to measure the success of IT. KPI is the measures that are
lead to business drivers.
EFFICIENCY IT
METRICS
# Measure the
performance of the IT system itself including throughout,
speed, and availability.
# Doing things right
- getting the most from each resources.
EFFECTIVENESS IT
METRICS
# Measure the impact
IT has on business process and activities including customers satisfaction,
conversion rate, and sell-through increases.
# Doing the right
things - setting the right goals and objectives and ensuring they are
accomplished.
BENCHMARKING-BASELINE
METRICS
# A process of
continuously measuring system results, comparing these results to optimal
system performance (BENCHMARK VALUE - baseline values the system
seeks to attain) and identifying steps and procedures to improving systems
performance.
THE
INTERRELATIONSHIP OF EFFICIENCY AND EFFECTIVENESS IT METRICS
METRICS FOR
STRATEGIC INITIATIVES
# Measures to access
performance in a particular area. (meet customer's needs and business
objectives)
# Financial Metrics (financial
ratio) - to evaluate a company's performance.
^ Internal Rate of Return (IRR)
^ Return on Investment (IOR)
^ Payback Method
^Break-even analysis
# Information System Metrics
^ Website Metrics
^ SCM Metrics
^ CRM Metrics
^ BPR Metrics
^ ERP Metrics
*********************************************************************************************
CHAPTER FIVE (ORGANIZATIONAL STRUCTURES THAT SUPPORT
STRATEGIC INITIATIVES)
Organizational
structures where employee across the organization work closely together may
develop strategic initiatives that create competitive advantage.
The structures may
consists of:-
~ CHIEF INFORMATION OFFICER (CIO) - Ensuring
the strategic alignment of IT with business goals and
objectives.(effectiveness)
~ CHIEF TECHNOLOGY OFFICER (CTO) - Ensuring
the throughout, speed, accuracy, availability and reliability of an
organization's IT.(effectiveness)
~ CHIEF SECURITY OFFICER (CSO) - Ensuring the
security of IT systems and developing strategies and IT safeguards against
attacks from hackers and viruses.
~ CHIEF PRIVACY OFFICER (CPO) - Ensuring the
ethical and legal use of information within an organizations.
~ CHIEF KNOWLEDGE OFFICER (CKO) - Collecting,
maintaining, and distributing the organization's knowledge.
THE GAP BETWEEN
BUSINESS PERSONNEL AND IT PERSONNEL
Business Personnel
|
IT Personnel
|
# expertise in
functional area - marketing, accounting, and sales.
|
# expertise in
technology
|
# vocabularies
based on their experience and expertise.
|
# vocabularies
consisting of acronyms and technical terms.
|
ORGANIZATIONAL
FUNDAMENTALS
- Ethics.
#
The principles and standards that guide our behavior towards other people.
#
PRIVACY (trusty) - The right to be left alone when you want to be, to control
over your own personal possessions, and to not be observed without your
consent.
- Security. - How much will downtime cost your business?
#
A software failure followed by human errors.
#
Factors IT system failed are forces of globalization, 24x7 operations,
government and trade regulations, and over extended IT budgets and resources.
PROTECTING
INTELLECTUAL ASSETS (ORGANIZATIONAL INFORMATIONS)
^ To develop,
implement, and maintain appropriate security measures when sending electronic
information.
*********************************************************************************************
CHAPTER SIX (VALUING ORGANIZATIONAL INFORMATION)
Figure above shows
the levels, formats, and granularities of organizational information.
TRANSACTIONAL
INFORMATIONS.
# Encompasses all of
the information contained within a single business process or unit of work, and
its primary purpose is to support the performing of daily operational tasks.
ANALYTICAL
INFORMATIONS.
# Encompasses all organization information, and its primary purpose is to support the performing of managerial analysis tasks.
Figure above shows
the transactional information versus analytical information.
TIMELINESS - An
aspect of information that depends on situations.
REAL-TIME
INFORMATION - Immediate, up-to-date information.
REAL-TIME SYSTEMS -
Provide real-time information in response to query requests.
HIGH VALUE OF
QUALITY INFORMATION.
|
LOW VALUE OF
QUALITY INFORMATION.
|
^ Accuracy
^ Completeness
^ Consistency
^ Uniqueness
^ Timeliness
|
^ Missing
^ Incomplete
^ Duplication
^ Wrong
^ Inaccurate
^ Incomplete
|
*********************************************************************************************
Wow! I did it……….
Kesan suka sgt
tangguh kerja.. Kan sendiri yg susah..
Alhamdulillah, my
lecturer, PUAN LIANA bkn mcm lecturer lain yg suka push students.. Sumpah dia
mmg lecturer paaaaaaaaling baik…
Asalkn students x
pijak kepala dia…
Oukayh.. Cukup cukup
lh tu.. Makin panjang plakkn.. TATA..
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