Enterprise workflow is the management of business processes in an organization through the use of technology. The
...esses, purchase requisitions, and employee onboarding procedures. Workflow management software allows organizations to define and automate these processes, while
2 KB (286 words) - 15:33, 8 March 2024
The primary purpose of a skeleton staff is to maintain critical operations and services during periods when a full workforce is not required or not po
...uce their workforce to a skeleton staff, focusing on maintaining essential operations while reducing payroll expenses.
3 KB (483 words) - 18:11, 17 April 2023
...the realms of business and information technology, encompasses a range of operations performed on data, including input, modification, storage, retrieval, and o
...data, often using software applications specifically designed for business operations.
6 KB (755 words) - 15:00, 24 April 2024
...stomers in the most cost-effective, timely, and resource-efficient manner. It involves maximizing outputs, minimizing inputs, and optimizing the use of r
...rce scheduling, reducing idle time, or implementing just-in-time inventory management strategies.
4 KB (448 words) - 18:16, 13 April 2023
== What is the Quality Management Maturity Grid (QMMG)? ==
...tool consists of five maturity levels across several dimensions of quality management, including understanding and attitude toward quality, problem handling, cos
4 KB (504 words) - 15:33, 12 May 2024
...s technology is primarily used for identification, tracking, and inventory management.
...as well as collecting data about them. It is commonly used in supply chain management, asset tracking, access control, and other applications.
4 KB (516 words) - 15:51, 8 March 2024
...velopment that stems from the work of Reg Revans, a British physicist, and management theorist. Revans is best known for his development of Action Learning, a pr
*[[IT Strategy (Information Technology Strategy)]]
2 KB (273 words) - 18:48, 8 March 2024
...storical data to gain insights into the performance of day-to-day business operations. The goal is to make informed decisions that enhance operational performanc
...s is to provide actionable insights that help organizations optimize their operations. Its purposes include:
5 KB (674 words) - 20:27, 8 May 2024
...eloped by the TeleManagement Forum (TM Forum) to enable the development of Operations Support Systems (OSS) for the telecommunications industry. OSS are essentia
#Performance Management: APIs to collect and analyze performance data from network elements and ser
4 KB (483 words) - 18:09, 11 March 2024
...ckly resume its essential operations. The aim is to minimize the impact on operations, protect assets, and ensure the safety and well-being of employees and cust
*Risk Management: Identifying and assessing risks that could lead to business disruptions an
7 KB (977 words) - 11:09, 23 March 2024
== What is a Network Operations Center (NOC)? ==
A '''Network Operations Center (NOC)''' is a centralized location where IT technicians and engineers monitor, manage, and maintain an organization's t
7 KB (924 words) - 11:31, 26 March 2024
== What is an Incident in Business or IT? ==
In the context of business and IT, an '''incident''' refers to any event that is not part of the standard ope
6 KB (776 words) - 14:39, 24 April 2024
...ng its people, processes, and infrastructure. The primary goal of facility management is to ensure that the physical environment of a building supports the needs
Facility management encompasses a wide range of responsibilities and activities, which can be b
3 KB (453 words) - 15:40, 8 March 2024
Fixed Asset Management refers to the process of tracking, maintaining, and managing the tangible,
The primary objectives of fixed asset management include:
3 KB (428 words) - 14:07, 8 March 2024
...esign and how its components are interconnected. It also allows for easier management and maintenance of the system, as well as future improvements or scalabilit
*[[IT Strategy (Information Technology Strategy)]]
2 KB (273 words) - 17:54, 8 March 2024
...Statement|financial statements]] are not the same as those used to control operations. Costs may be controllable or non-controllable and are subject to time peri
[[Activity-Based Management (ABM)]]<br />
1 KB (151 words) - 19:52, 7 February 2021
...d effectiveness of the government's procurement and commercial activities. It was established in 2000 and was merged with the Efficiency and Reform Group
...nagement methodology, the development of the ITIL framework for IT service management, and the development of the Gateway Review process for assessing major gove
2 KB (308 words) - 18:26, 8 March 2024
The Peter Principle is a concept in management theory that suggests that people in a hierarchical organization are eventua
*[[IT Strategy (Information Technology Strategy)]]
2 KB (247 words) - 18:02, 8 March 2024
...s. The DMTF was founded in 1992 and has over 160 member companies from the IT industry, including hardware vendors, software vendors, and service provide
One advantage of the DMTF is that it provides a standardized framework for managing and securing distributed com
3 KB (384 words) - 13:43, 8 March 2024
...lp to reduce costs, improve efficiency, and ensure the smooth operation of IT systems.
...iness activities and rely on expert support to maintain and optimize their IT systems.
4 KB (586 words) - 15:27, 12 March 2024
...tion to quickly adapt and respond to changes in its portfolio of projects. It involves creating a flexible and dynamic portfolio that can quickly adjust
#Portfolio management processes: This includes the identification, selection, prioritization, and
3 KB (453 words) - 15:18, 12 March 2024
...s refer to a wide range of activities and products that are related to the management of financial resources and risks. These services are provided by financial
...to property, liability, or loss of income. Investment services involve the management of financial assets, such as stocks, bonds, and mutual funds, on behalf of
3 KB (365 words) - 16:14, 14 March 2024
...for estimating the value of growth opportunities in finance and investment management.
*[[IT Strategy (Information Technology Strategy)]]
2 KB (267 words) - 17:34, 11 March 2024
...designed to enable interoperability between different relational database management systems (RDBMS) and provide a consistent interface for accessing and managi
...of flexibility and scalability, enabling organizations to scale their data management systems as their needs grow.
3 KB (404 words) - 13:43, 8 March 2024
...ed framework for developing and deploying distributed applications, making it easier for developers to create and maintain applications that work across
However, one disadvantage of DCE is that it can be complex and difficult to implement, requiring specialized expertise
3 KB (352 words) - 13:42, 8 March 2024
...lly involves making changes to the company's structure, operations, and/or management, and can involve things like downsizing, divestitures, mergers, and acquisi
...ied by changes to the company's business model, strategy, and culture, and it can involve significant changes to the way the company operates.
1 KB (144 words) - 12:25, 28 December 2022
'''Marketing Resource Management (MRM)''' is a set of processes and tools that enable organizations to effec
Key components of Marketing Resource Management include:
4 KB (454 words) - 16:48, 11 March 2024
...managing information efficiently and are central to almost every sector's operations.
...ITS is to facilitate the flow of information and enable efficient business operations through technology. The purposes include:
5 KB (668 words) - 11:32, 9 May 2024
...y.<ref>[https://www.linkedin.com/pulse/rethinking-run-grow-transform-model-management-digital-raghuram-s Definition - What Does Run-Grow-Transform (RGT) Model Me
...and tend to be nondiscretionary or fixed expenses. Some of these essential IT activities include:
4 KB (548 words) - 22:06, 15 January 2023
..., resources, or components harmoniously and efficiently. In the context of IT and business, orchestration typically involves integrating and automating m
Orchestration is important because it helps organizations simplify complex tasks, reduce manual intervention, and
4 KB (540 words) - 12:45, 12 March 2024
...n varies across fields — economics, biology and ecology, computer science, management, and human resources. In economics, resource is defined as a service or oth
*[[Resource Management]]
2 KB (223 words) - 22:55, 10 March 2024
...measures, often requiring significant changes to a company's structure and operations.
The main purposes and roles of turnaround management are:
4 KB (487 words) - 14:11, 6 April 2023
...ove technology scalability, and allow for a more predictable budgeting for IT expenses.
The primary role of an MSP is to ensure that an organization's IT systems are running efficiently and effectively without the need for the or
5 KB (732 words) - 19:42, 8 May 2024
...f>[https://www.investopedia.com/terms/i/inventory-management.asp Inventory Management Defined, Plus Methods and Techniques]</ref>
...f components that a company uses for the production of the goods it sells. It also oversees the amount of finished goods ready for sale.
4 KB (532 words) - 13:35, 25 July 2023
...conventional wisdom. EBM aims to improve the quality and effectiveness of management decisions by incorporating the best available evidence from various sources
...to enhance organizational performance and employee well-being by grounding management practices in solid evidence.
4 KB (514 words) - 15:36, 8 March 2024
...nagement style that focuses on the exchange between leaders and followers. It is based on a system of rewards and penalties for performance. This leaders
The primary role of transactional leadership is to maintain regular operations and achieve goals efficiently by managing the team's performance through a
5 KB (599 words) - 19:44, 9 May 2024
...ment Tool. It's a framework to help organizations assess and improve their IT governance practices.
...arios by using a method for assessing IT governance maturity. <ref>What is IT organization modeling and assessment (ITOMA)? [http://citeseerx.ist.psu.edu
5 KB (730 words) - 16:34, 21 March 2024
...gram (FHD) is a visual representation used in systems engineering, project management, and other disciplines to depict the hierarchical organization of functions
...or circles. Each node is labeled with a brief description of the function it represents.
4 KB (492 words) - 18:31, 8 March 2024
...practices, or guidelines to ensure consistency, efficiency, and quality in operations and decision-making. <ref>Definition - What Does Standardized Approach Mean
...treamline operations, reduce variability, and enhance overall performance. It aims to eliminate ad-hoc or inconsistent practices and promote best practic
5 KB (605 words) - 14:14, 25 July 2023
== What is IT Operations Management (ITOM)? ==
...//www.e-spincorp.com/it-operations-management-itom/What Does IT Operations Management (ITOM) Mean?]</ref>
15 KB (2,179 words) - 23:58, 18 January 2023
...rganized into tables, rows, and columns. <ref>Defining Relational Database Management System (RDBMS) [https://www.codecademy.com/articles/what-is-rdbms-sql Code
...ty, enable efficient data management, and support complex data operations. It offers a set of functionalities and features that allow users to define, cr
4 KB (630 words) - 17:16, 31 May 2023
== What is Business Management? ==
...covers everything from financial management, human resources, supply chain management, marketing, to product development, ensuring all departments work towards t
8 KB (1,087 words) - 19:47, 29 March 2024
...the implementation of a project or initiative. The goal of implementation management is to ensure that the project is executed effectively and efficiently, with
...management, stakeholder engagement, and communication. The implementation management process involves coordinating and managing activities across multiple teams
3 KB (375 words) - 18:44, 10 March 2024
...k. When the processor receives an IRQ, it temporarily suspends its current operations, saves the current state, and then executes the appropriate interrupt handl
...current operations and handle urgent tasks, IRQs enable efficient resource management and multitasking capabilities in a computer system.
4 KB (485 words) - 22:16, 10 March 2024
...ion's internal data sources, such as databases, file systems, and document management systems. The goal of enterprise search is to provide employees with quick a
One of the main benefits of enterprise search is that it can help organizations to save time and increase productivity by allowing e
2 KB (290 words) - 15:33, 8 March 2024
...maintained in a configuration management database (CMDB) or configuration management system (CMS).
...ture. It enables effective change management, incident management, problem management, and other ITSM processes by providing accurate and reliable information ab
4 KB (493 words) - 18:13, 8 March 2024
...Planning''' is a critical process in supply chain management and business operations, which involves forecasting and estimating the future demand for a company'
...rocesses, such as production planning, inventory management, and sales and operations planning (S&OP). This integration helps ensure that the entire supply chain
4 KB (606 words) - 15:54, 7 September 2023
== What is Incident Management? ==
...ssential for maintaining the reliability, availability, and performance of IT services.
6 KB (849 words) - 10:39, 7 April 2024
...es station, a POS system automates the sales process, streamlines business operations, and improves the overall customer experience.
...system is vital for retail businesses, as it enables them to manage their operations effectively and maintain a high level of customer satisfaction.
6 KB (851 words) - 18:33, 7 April 2023
*Ensuring Continuity: Guaranteeing that essential services and operations can continue during a disruption or crisis.
...k Management: Identifying and mitigating risks impacting critical business operations.
5 KB (707 words) - 16:12, 8 May 2024
Document Management (DM) refers to the processes and systems used to manage documents throughou
One advantage of DM is that it helps organizations to manage documents more efficiently and effectively, r
3 KB (432 words) - 13:44, 8 March 2024
...gement technique used to visualize activities and their interdependencies. It is also known as the Activity on Node (AON) method, as activities are repre
The PDM is used in the planning and scheduling phase of project management. It allows project managers to create a visual representation of the project, w
3 KB (377 words) - 15:21, 12 March 2024
...es Work Management Mean? [https://www.projectmanager.com/blog/what-is-work-management#:~:text=Work%20management%20is%20the%20intersection,organization%20of%20the
...ork activities and resources towards achieving specific goals or outcomes. It involves managing, organizing, and tracking the different tasks and resourc
2 KB (319 words) - 13:30, 25 July 2023
...lex operations or projects, particularly in military or business contexts. It involves the identification and understanding of the problem, the environme
...oach to understanding complex problems and developing effective solutions. It helps organizations align their resources and actions to achieve their stra
4 KB (575 words) - 12:43, 12 March 2024
...validate other data. RDM is a crucial component of an organization's data management strategy and is essential for maintaining data quality, consistency, and in
...ta quality and consistency across an organization's systems and processes. It involves the following activities:
5 KB (572 words) - 15:27, 12 March 2024
...rnal audits encompass a broader scope, examining issues related to company operations, internal control systems, compliance with laws and regulations, and ethica
...ssment: Identifying and evaluating risks to the organization's governance, operations, and information systems regarding achieving the organization's objectives.
7 KB (962 words) - 15:39, 7 March 2024
== What is Enterprise Release Management (ERM)? ==
...ng, coordinating, and implementing software releases across an enterprise. It involves overseeing the development, deployment, and integration of softwar
6 KB (830 words) - 00:09, 16 May 2024
...idual organizations but can have a significant impact on their strategies, operations, and overall performance. Analyzing the Macro Environment helps businesses
...better decisions in areas such as marketing, product development, and risk management.
4 KB (516 words) - 09:53, 11 March 2024
...nancial aspects like mergers and acquisitions, capital structure, and risk management.
...is the mix of various forms of capital that a company uses to finance its operations and projects. This usually includes a mixture of debt and equity. The optim
3 KB (453 words) - 17:45, 4 September 2023
...t key business functions after a halt. It's an essential component of risk management and disaster recovery, ensuring that a company can continue to operate or q
...he resources (human, technological, financial) required to resume critical operations.
8 KB (1,038 words) - 20:56, 27 March 2024
...sses, and resources required to achieve an organization's strategic goals. It is typically developed for a specific period, such as a financial year, and
...ionable tasks and allocate resources accordingly. It helps guide the daily operations and decision-making within an organization, ensuring that everyone is worki
4 KB (623 words) - 12:43, 12 March 2024
...track their financial performance and make informed decisions about their operations and strategy.
...alyze their financial performance and make informed decisions about future operations and investments. By comparing P&L Statements from different periods, busine
5 KB (737 words) - 18:41, 24 April 2023
...Data_center_asset_management What is IT Operations (Information Technology Operations)?]</ref>
.../it-glossary/it-operations/ Defining IT Operations (Information Technology Operations)]</ref>
14 KB (2,029 words) - 13:12, 31 August 2023
== What is Globalization Management System (GMS)? ==
...process of adapting products, services, and processes for global markets. It typically includes processes, tools, and resources for conducting market re
1 KB (155 words) - 18:56, 28 December 2022
...ement#:~:text=A%20Known%20Error%20is%20a,Known%20Error%20Database%20(KEDB) IT ProcessMaps]</ref>
...o be error-free. In [[IT Operations (Information Technology Operations)|IT Operations]] known errors may be logged in a system's Known Error Database (KEDB) whic
5 KB (730 words) - 22:11, 5 January 2023
...ncome before interest, taxes, depreciation, and amortization are deducted. It is a measure of a company's financial performance that excludes the impact
EBITDA is often used as a measure of a company's operating cash flow, as it excludes the non-cash items of interest, taxes, depreciation, and amortizat
2 KB (320 words) - 15:36, 12 November 2022
..., and evaluating performance based on the achievement of desired outcomes. It aims to create a culture where employees and teams are accountable for achi
Result Oriented Management aims to improve organizational performance by focusing on achieving desired
4 KB (488 words) - 15:17, 12 March 2024
...t systems engineering, information system design, and process improvement. It has since been widely adopted in various industries for business process mo
...ionships. It helps organizations to understand, analyze, and improve their operations by identifying inefficiencies, redundancies, and opportunities for improvem
4 KB (536 words) - 21:58, 10 March 2024
...gh a service request management process, distinct from incident or problem management.
*IT Services: These are common in IT departments for handling software access, hardware provisioning, or account
5 KB (681 words) - 21:28, 9 May 2024
...e and can communicate seamlessly with one another. This simplifies network management tasks, such as troubleshooting, security, and software updates, and can red
...ting system, companies can reduce the complexity of their network and make it easier to manage and secure. Additionally, a homogeneous network can improv
3 KB (477 words) - 19:52, 8 March 2024
...ntify and address potential issues, risks, and inefficiencies within their IT environments, specifically related to Microsoft products and technologies.
...risk of potential issues. It does this by analyzing various aspects of the IT environment, such as configuration settings, performance metrics, and syste
4 KB (481 words) - 18:01, 8 March 2024
...ition - What Does Boundaryless Organization Mean? [https://www.mbaknol.com/management-concepts/boundaryless-organization/ MBA Knowledge Base]</ref>
The concept was pioneered by well-known management thinker and former General Electric chairman Jack Welch, who wanted to brea
5 KB (661 words) - 18:39, 30 August 2023
== What is an IT Help Desk? ==
...e, network systems, and other computer-related technologies. Additionally, IT Help Desks often manage service requests, such as setting up new users, ins
6 KB (855 words) - 19:07, 6 April 2024
...ems and applications, and facilitate better decision-making and reporting. It helps organizations to maintain a consistent view of their essential data,
Key components of Master Data Management include:
4 KB (485 words) - 15:45, 8 March 2024
...a and analytics to inform and improve HR-related decisions and strategies. It involves collecting, analyzing, and interpreting data on various HR-related
...ir human capital, including recruitment, employee development, performance management, retention, and overall workforce planning. By leveraging data, organizatio
3 KB (367 words) - 15:12, 12 March 2024
== What is Simple Network Management Protocol (SNMP)? ==
...performance, find and solve network problems, and plan for network growth. It is part of the Internet Protocol Suite, as defined by the Internet Engineer
6 KB (799 words) - 17:43, 25 April 2024
...ers, as they involve the cooperation and agreement of the target company's management and board.
...combine to form a new entity. In a friendly takeover, the target company's management and board of directors typically support the merger and work with the acqui
2 KB (268 words) - 17:39, 29 December 2022
...onsibility that comes with decisions that can affect others. Additionally, it argues against the idea of stakeholder interests being completely unrelated
*[[Personnel Management]]
1 KB (173 words) - 22:16, 10 March 2024
== What is Business Service Management (BSM)? ==
...T services management (ITSM) with business processes, BSM ensures that the IT infrastructure supports and drives business success.
8 KB (1,008 words) - 20:26, 27 March 2024
...products just in time, JIT can reduce the costs associated with inventory management, while also improving the quality and consistency of the products being pro
...nufacturing, JIT can be used to reduce the costs associated with inventory management, while also improving the quality and consistency of the products being pro
3 KB (413 words) - 15:55, 8 March 2024
== What is Thompson’s and Martin’s Strategic Management Framework ==
...that outlines the steps in the strategic management process. The strategic management process involves analyzing the organization's internal and external environ
2 KB (265 words) - 16:00, 30 December 2022
Email Management (EMM) refers to the process of organizing and controlling email messages to
One advantage of EMM is that it can help individuals and businesses save time and increase productivity by
3 KB (394 words) - 14:01, 8 March 2024
== What is Strategic Risk Management? ==
...may impact an organization's ability to achieve its strategic objectives. It is a proactive approach to managing risks that involves identifying potenti
2 KB (237 words) - 15:48, 30 December 2022
Milestones play a crucial role in project management and serve several purposes:
...description of the milestone, outlining the specific event or achievement it represents.
3 KB (456 words) - 17:09, 11 March 2024
...affecting the organization's ability to make informed decisions, optimize operations, and achieve its strategic objectives. Data Health Checks play a crucial ro
...Checking the accuracy, consistency, and integrity of the data by comparing it against predefined rules, business requirements, or external sources. This
3 KB (413 words) - 15:17, 26 August 2023
...es, and customers. Business transitions can be complex and require careful management to ensure the organization can adapt effectively and capitalize on new oppo
...egration of new systems, processes, or teams, restructuring departments or operations, or managing cultural and communication issues that arise during the transi
8 KB (991 words) - 17:34, 27 March 2024
An '''Operating Model''' is the operational design that makes it possible to deliver the [[Business Strategy]]. The operating model defines
...s offer different products and services to different customers, so central management exercises limited control over those business units.”
4 KB (608 words) - 13:21, 13 April 2023
== What is an IT Organization? ==
...company that is responsible for overseeing the infrastructure, assets, and operations related to information technology. This organizational unit plays a critica
7 KB (961 words) - 10:56, 4 May 2024
..., identifying inefficiencies, and proposing solutions to optimize business operations.
*Change Management: Supporting change management by clearly understanding current processes and how proposed changes might i
6 KB (733 words) - 20:08, 8 May 2024
== What is Systems Management? ==
...performance, managing assets, ensuring security and compliance, automating operations, and troubleshooting issues to minimize downtime and optimize performance.
8 KB (1,066 words) - 12:01, 8 March 2024
...oles and responsibilities to team members in a project or an organization. It helps to clarify expectations, enhance communication, and ensure that all t
...rstanding of roles and responsibilities for each team member in a project. It aids in preventing confusion, miscommunication, and duplication of effort w
5 KB (599 words) - 15:29, 12 March 2024
...aintaining trust with stakeholders. <ref>Definition - What Does Obligation Management Mean? [https://www.wordtech.com/contract-obligation.html Wordtech]</ref>
Key Components of Obligation Management:
5 KB (541 words) - 18:12, 11 March 2024
...improve IT infrastructure and enterprise management.<ref>Building Set" fot IT [https://www.yumpu.com/en/document/view/27339192/spring-2014-id-web/17 Navy
*[[IT Service Management (ITSM)]]
2 KB (270 words) - 11:27, 17 January 2023
Rebalancing is a financial management strategy used in the context of investment portfolios, primarily to maintai
Rebalancing is important because it helps investors maintain a consistent level of risk in their portfolios ove
4 KB (545 words) - 15:25, 12 March 2024
...encing the perceptions that others have of oneself. The goal of impression management is to create a positive impression of oneself in the minds of others, in or
...behaviors, and the presentation of oneself in a positive light. Impression management can be used in a variety of settings, including personal relationships, bus
3 KB (390 words) - 18:44, 10 March 2024
== What is Data Center Infrastructure Management (DCIM)? ==
...tructure-management-dcim Definition - What does Data Center Infrastructure Management (DCIM) Mean? ]</ref>
6 KB (846 words) - 15:13, 20 July 2023
...and damages, D&O insurance can help mitigate a lawsuit's financial impact. It can help protect the company's reputation and its directors and officers.
...ies attract and retain top talent, and to promote good governance and risk management practices.
3 KB (379 words) - 22:06, 7 March 2024
...aration of instruction and data memory can provide additional security, as it is more difficult for malicious code to modify program instructions when th
...ry management: In some cases, the Harvard Architecture can simplify memory management, as there is no need to allocate and manage memory for both instructions an
3 KB (407 words) - 18:07, 8 March 2024
...oduction or sales. Fixed costs are essential for a company to maintain its operations and infrastructure.
...of the hours worked or the amount of output they produce. This can include management, administrative, and support staff.
3 KB (440 words) - 17:36, 8 March 2024
...t-oriented programming]] and [[Relational Database|relational databases]]. It involves mapping object-oriented concepts to the underlying relational data
...information, or building a desktop application that requires complex data management.
2 KB (305 words) - 18:10, 11 March 2024
