Thursday 21 December 2017

CHAPTER 14: CREATING COLLABORATIVE PARTNERSHIP


TEAM,PARTNERSHIP AND ALLIANCES


  • Organizations create and use teams, partnership and alliances to:
          →Undertake new initiatives 
          →Address both minor and major problems
          → Capitalize on significant opportunities
  • Organizations create teams, partnerships, and alliances both internally with employees and externally with other organizations
  • Collaboration systems- supports the work of teams by facilitating the sharing and flow of information

  • Organizations from alliances and partnership with other organizations based on their core competency
          →Core competency- an organization's key strength, a business function that it does better than                 any of its competitors
          →Core competency strategy-organization chooses to focus specifically on its core                                     competency and forms partnerships with other organizations to handle non-strategic                             business processes
  • Information technology can make a business partnership easier to establish and manage
           ⇉Information partnership -occurs when two or more organizations cooperate by integrating                   their IT systems, thereby providing customers with the best of what each can offer
           ⇉The internet has dramatically increased the ease and availability for IT-enabled                                     organizational alliances and partnership


COLLABORATION SYSTEMS
  • Collaboration solves specific business tasks such as telecommuting, online meetings, deploying applications and remote project and sales management
  • Collaboration system-an IT based set of tools that supports the work of teams by facilitating the sharing and flow of information
  • Two categories of collaboration:
           ↳Unstructured collaboration (information collaboration)- includes document exchange,                      shared whiteboards, discussion forums and e-mail
           ↳Structured collaboration (process collaboration)- involves shared participation in business                 processes such as workflow in which knowledge is hardcoded as rules

  • Collaboration system include: 
         →knowledge management systems
         →content management systems
         →workflow management systems 
         →Groupware systems



KNOWLEDGE MANAGEMENT SYSTEMS
  • Knowledge management(KM) -involves capturing, classifying, evaluating, retrieving and sharing information assets in a way that provides context for effective decision and actions
  • Knowledge management system-supports the capturing and use of an organization's "know-how"


EXPLICIT AND TACIT KNOWLEDGE 
  • Intellectual and knowledge based assets fall into two categories:
         ⧭ Explicit knowledge -consists of anything that can be documented,archived and                   codified, often with the help of IT
         ⧭Tacit knowledge- knowledge contained in people's heads
  • The following are two best practices for transferring or recreating tacit knowledge
       ðŸ”º shadowing- less experienced staff observe more experienced staff to learn how                   their more experienced counterparts approach their work
       ðŸ”ºJoint problem solving - a novice and expect work together on a project.

Shadowing – less experienced staff observe more experienced staff to learn how their more experienced counterparts approach their work
·         Joint problem solving – a novice and expert work together on a project

Ø  Reasons why organizations launch knowledge management programs

Ø  KM Technologies

Ø  Knowledge management systems include:
·         Knowledge repositories (databases)
·         Expertise tools
·         E-learning applications
·         Discussion and chat technologies
·         Search and data mining tools
Ø  KM and Social Networking
Ø  Finding out how information flows through an organization
Social Networking 
·         Social networking analysis (SNA) – a process of mapping a group’s contacts (whether personal or professional) to identify who knows whom and who works with whom
·         SNA provides a clear picture of how employees and divisions work together and can help identify key experts
·         Social Networking
Ø  Content Management
Ø  Content management system (CMS) – provides tools to manage the creation, storage, editing, and publication of information in a collaborative environment
Ø  CMS marketplace includes:
·         Document management system (DMS)
·         Digital asset management system (DAM)
·         Web content management system (WCM)

Document management system (DMS)

Ø  Supports the electronic capturing, storage, distribution, archival,  and accessing of documents
Digital asset management system (DAM)
Ø  Similar to DMS, generally works with binary rather than text files, such as multimedia files types.
Web content management system (WCM)
Ø  Adds an additional layer to document and digital asset management that enables publishing content both to intranets and to public Web sites
Ø  Content management system vendor overview

WORKING WIKIS
Ø  Wikis - Web-based tools that make it easy for users to add, remove, and change online content
Ø  Business wikis - collaborative Web pages that allow users to edit documents, share ideas, or monitor the status of a project
Ø  Business wikis
Ø  Workflow Management Systems
Ø  Work activities can be performed in series or in parallel that involves people and automated computer systems
Ø  Workflow – defines all the steps or business rules, from beginning to end, required for a business process
Ø  Workflow management system – facilitates the automation and management of business processes and controls the movement of work through the business process
Ø  Messaging-based workflow system – sends work assignments through an e-mail system
Ø  Database-based workflow system – stores documents in a central location and automatically asks the team members to access the document when it is their turn to edit the document
Ø  Groupware Systems
Ø  Groupware technologies
Ø  Groupware  software that supports team interaction and dynamics including calendaring, scheduling, and videoconferencing

VIDEOCONFERENCING
Ø  Videoconference - a set of interactive telecommunication technologies that allow two or more locations to interact via two-way video and audio transmissions simultaneously.

WEB CONFERENCING
Ø  Web conferencing - blends audio, video, and document-sharing technologies to create virtual meeting rooms where people “gather” at a password-protected Web site.

INSTANT MESSAGING
Ø  E-mail is the dominant form of collaboration application, but real-time collaboration tools like instant messaging are creating a new communication dynamic
Ø  Instant messaging - type of communications service that enables someone to create a kind of private chat room with another individual to communicate in real-time over the Internet

Ø  Instant messaging application






Tuesday 5 December 2017

chapter 15 – Outsourcing in the 21st Century

chapter 15 – Outsourcing in the 21st Century



Outsourcing Project


  • Insourcing (in-house-development) – A common approach using the professional expertise within an organization to develop and maintain the organization’s information technology systems
  • Outsourcing – An arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house







  • Onshore outsourcing – engaging another company within the same country for services
  • Near shore outsourcing – contracting an outsourcing arrangement with a company in a nearby country
  • Offshore outsourcing – using organizations from developing countries to write code and develop systems
  • Big selling point for offshore outsourcing “inexpensive good work”



  • Factors driving outsourcing growth include;
  • Core competencies
  • Financial savings
  • Rapid growth
  • Industry changes
  • The Internet
  • Globalization
  • According to PricewaterhouseCoopers “Businesses that outsource are growing faster, larger and more profitable than those that do not”
  • Most organizations outsource their noncore business functions, such as payroll and IT



Outsourcing Benefits

Outsourcing benefits include;
  • Increased quality and efficiency
  • Reduced operating expenses
  • Outsourcing non-core processes
  • Reduced exposure to risk
  • Economies of scale, expertise and best practices
  • Access to advanced technologies
  • Increased flexibility
  • Avoid costly outlay of capital funds
  • Reduced headcount and associated overhead expense
  • Reduced time to market for products or services


Outsourcing challenges

Outsourcing challenges include;
  • Contract length
  • Difficulties in getting out of a contract
  • Problems in foreseeing future needs
  • Problems in reforming an internal IT department after the contract is finishe
  • Competitive edge
  • Confidentiality
  • Scope definition 

CHAPTER 13 : E-BUSINESS

E-BUSINESS

  • The internet is a powerful channel that presents new opportunities for an organization to :
          - Touch customers
          - Enrich products and services with information
          - Reduce costs

  • How do e-commerce & e-business differ?
         - E-commerce -the buying and selling of goods and services over the internet
         - E-business - the conducting of business on the internet including, not only buying and selling                                   but also serving customers and collaborating with business partners



-Industries using E-Business




E-BUSINESS MODELS


E-BUSINESS MODEL = an approach to conducting electronic
                        business on the internet









BUSINESS-TO-BUSINESS (B2B)
  • Electronic markerplace (e-market place) - interactive business communities providing a                                                                                central market where multiple buyers and                                                                                      sellers can engage in e-business activities


BUSINESS-TO-CONSUMER (B2C)

  • e-shop - a version of a retail store where customers can shop at any hour of the day without                      leaving their home or office
  • e-mall - consists of a number of e-shop ; it serves as a getaway through which a visitor can                     access other e-shops
  • Business type:
          - Brick-and-mortar business
          - Click-and-mortar business
          - Pure-play business


BUSINESS-TO-BUSINESS (C2B)
  • Priceline.com is an example of a C2B e-business model
  • The demand for C2B e-business will increase over the next few years due to customer's desire for greater convenience and lower prices
  • Online auctions
          - Electronic auction (e-auction) -sellers and buyer solicit consecutive bids from each other                                                                         and prices are determined dynamically
          - Forward auction - sellers use as a selling channel to many buyers and the highest bid wins
          - Reverse auction - buyers use to purchase a product or service, selecting the sellers with the                                              lowest bids


CONSUMER-TO-CONSUMER (C2C)

  • C2C communities include :
          - Communities of interest - people interact with each other on specific topics such as golfing                                                           and stamp collecting
          - Communities of relations - people come together to share certain life experiences such as                                                                 cancer patients, senior citizens and car enthusiasts
          - Communities of fantasy - people participate in imaginary environments such as fantasy                                                                football teams and playing one-on-one with Michael Jordan


E-BUSINESS BENEFITS AND CHALLENGES

  • E-business benefits include :
         - Highly accessible
         - Increase  customers loyalty
         - Increase convenience 
  • E-business challenges include :
          - Protecting consumers
          - Increasing liability
          - Providing security
  • Numerous advantages & limitations in e-business revenue models including:
          - Transactions fees
          - License fees
          - Advertising fees


E-BUSINESS TOOLS FOR CONNECTING & COMMUNICATING 

  • E-mail
  • Podcasting 
  • Web conferencing
MASHUPS
  • Web mashup - a Web site or web application that use content from more  than one source to                              create a completely new service
          - Application programming interface (API) - a sets of routines , protocols, and tools for                                                                                                building software applications
          - Mashup editor - WSYIWYGs ( What You See Is What You Get ) for mashups. 


















Monday 4 December 2017

CHAPTER 12 - INTEGRATING THE ORGANIZATION FROM END TO END - ENTERPRISE RESOURCE PLANNING

CHAPTER 12 - INTEGRATING THE ORGANIZATION FROM END TO END - ENTERPRISE RESOURCE PLANNING

•       At the heart of all ERP systems is a database, when a user enters or updates information in one module, it is immediately and automatically updated throughout the entire system.

- ERP Integration Data Flow



- ERP Process Flow


BRINGING THE ORGANIZATION TOGETHER

Information has traditionally been isolated within specific departments,
whether on an individual database, in a file cabinet or on an employee's PC


The Organization before ERP



- ERP - Bringing the Organization Together




The Evolution Of ERP



INTEGRATING SCM, CRM, And ERP
-SCM,CRM and ERP are the backbone of e-business
-Integration of these applications is the key to success for many companies 
-Integration allows the unlocking of information to make it available to any
 user,anywhere and anytime. 

INTEGRATION TOOLS.

-Many companies purchase modules from ERP vendor,an SCM vendor
 and CRM vendor and must integrate the different modules together.

-MIDDLEWARE - several different types software which sit in middle 
                                     and provide connectivity between two or more software
                                     applications
-ENTERPRISE APPLICATION INTEGRATION (EAI)
 MIDDLEWARE - packages together commonly used functionality
                                     which reduced the time necessary to develop solutions 
                                     that integrate applications from multiple vendors. 



- Primary Users and Business Benefits of Strategic Initiatives




- Integrations between SCM, CRM, and ERP Applications