*Event Handling: It can detect and react to user actions or other events, such as clicks, keypr
...callbacks, promises, and async/await, JavaScript can perform non-blocking operations, such as fetching data from a server.
5 KB (750 words) - 12:04, 7 April 2024
...uirements are documented during the service design phase of the IT service management lifecycle and form the basis for negotiating and drafting Service Level Agr
...service provider’s ability to recover from disasters and continue business operations.
7 KB (1,000 words) - 11:15, 7 April 2024
...rs to services that allow an organization to take care of their customers. It provides support for various business processes, which can include sales, m
...hannel environment the implementation of marketing strategies and campaign management is quite difficult and challenging. For example, some retailers have multic
7 KB (1,002 words) - 16:37, 2 January 2023
*[[Personnel Management]]
*[[IT Operating Model]]
3 KB (396 words) - 18:46, 10 March 2024
...emory, processing input, performing operations, and producing output until it terminates.
...s, data processing, user interaction, and network or device communications management.
6 KB (859 words) - 14:30, 8 May 2024
...resources across an organization. It involves integrating various project management processes, tools, and methodologies to ensure that projects are aligned wit
== Key Components of Enterprise Project Management ==
7 KB (910 words) - 21:18, 11 April 2023
...tions and beliefs can influence the way that the algorithm learns and make it more or less effective at learning from data.
...s an important concept in machine learning and artificial intelligence, as it can help to improve the accuracy and effectiveness of learning algorithms b
3 KB (402 words) - 18:48, 10 March 2024
...astructure''' is a modern approach to data center architecture that allows IT administrators to dynamically create, adapt, and manage compute, storage, a
...lly composed and assigned to applications or workloads on-demand, allowing IT administrators to quickly provision and adapt infrastructure to meet changi
4 KB (525 words) - 19:29, 31 August 2023
*[[Personnel Management]]
*[[IT Operating Model]]
3 KB (406 words) - 22:33, 10 March 2024
...e of income and a measure of diversification in the stock market. However, it is important to carefully evaluate the financial health of a company before
*[[Personnel Management]]
3 KB (393 words) - 18:45, 10 March 2024
...on's strategy and its implementation against the set goals and objectives. It involves assessing whether the strategic actions are moving the organizatio
...on monitoring the assumptions or premises on which the strategy is based. It helps in identifying any changes in the external or internal environment th
7 KB (943 words) - 15:33, 22 March 2024
...siness Goals|business goals]] in order to run smooth [[Business Operations|operations]]
...itchronicles.com/technology/business-integration-and-what-it-really-means/ IT Chronicles]</ref>'''<br />
10 KB (1,452 words) - 22:05, 4 March 2024
...equity. It is an important aspect of a company's financial management, as it can affect the company's risk and return profile, as well as its ability to
There are two main types of capital that a company can use to finance its operations: debt and equity. Debt capital refers to the funds that a company borrows f
2 KB (289 words) - 12:36, 26 August 2023
...icator (KGI) Mean? [https://managementmania.com/en/kgi-key-goal-indicators Management Mania]</ref>
...strategic goals. Based on such evaluation, we can conduct improvements and management.<ref>What is Key Global Indicator (KGI)? [https://www.s-cube-network.eu/km/
4 KB (546 words) - 13:33, 4 May 2021
...nd decision-making processes, particularly in the context of Total Quality Management (TQM) and Six Sigma methodologies.
#Facilitate communication: The visual nature of the diagrams makes it easier to communicate complex relationships and system dynamics, promoting
4 KB (504 words) - 22:15, 10 March 2024
...offer a roadmap for public sector organizations looking to transform their operations and embrace more entrepreneurial, customer-focused, and results-oriented ap
...med to modernize public sector organizations by introducing private sector management techniques, increasing competition, and focusing on customer satisfaction.
11 KB (1,480 words) - 09:51, 13 March 2024
*Risk Management: Protecting the business from risks associated with money laundering and fi
...risks. This might include detailed examination of the customer’s business operations, the purpose of transactions, and the legitimacy of their source of funds o
7 KB (892 words) - 17:03, 27 March 2024
*[[Personnel Management]]
*[[IT Operating Model]]
3 KB (389 words) - 22:38, 10 March 2024
It is important to note that there are various interoperability maturity model
*[[Personnel Management]]
3 KB (396 words) - 18:52, 10 March 2024
...applied to any organizational process, from manufacturing and supply chain operations to customer service and administrative procedures.
...processes (e.g., unnecessary steps, overproduction, defects) to streamline operations and increase customer value.
7 KB (870 words) - 19:48, 26 March 2024
...internet, allowing customers to access and use software without installing it on their own computers.
...echnology, and finance, helping clients to solve problems or improve their operations.
8 KB (1,017 words) - 22:15, 14 March 2024
*[[Personnel Management]]
*[[IT Operating Model]]
3 KB (436 words) - 22:33, 10 March 2024
...ate governance. Their vast financial resources and professional investment management teams enable them to make significant investments in a wide range of financ
...stments. These teams may use various strategies, such as active or passive management, to generate returns for the organization.
5 KB (620 words) - 20:06, 10 March 2024
...t]], product development, and [[Resource Allocation|resource allocation]]. It helps organizations prioritize tasks, projects, or initiatives based on thr
The TDC Matrix plays a critical role in project management, product development, and resource allocation by helping organizations prio
4 KB (572 words) - 21:12, 7 April 2023
...dware, and networks. The strategy aims to leverage information technology (IT) to gain a competitive advantage, enhance operational efficiency, support d
*[[Business IT Alignment|Alignment with Business Strategy]]: Ensuring that the information
8 KB (1,055 words) - 20:31, 29 March 2024
...le Assets''': These are physical and measurable assets used in a company's operations. They include cash, machinery, equipment, buildings, land, inventory, and v
..., and potential loss or theft. Therefore, businesses often implement asset management strategies to monitor, maintain, and manage their assets.
2 KB (316 words) - 11:58, 16 July 2023
...on arose in postwar Japan, inspired by the seven famous weapons of Benkei. It was possibly introduced by Kaoru Ishikawa who in turn was influenced by a s
...ents, multivariate analysis, and various methods developed in the field of operations research.
3 KB (441 words) - 13:43, 5 January 2023
...man-resources.org/faq/what-is-personnel-management Definition of Personnel Management]</ref> ==
...on hiring and developing employees to become more valuable to the company. It is sometimes considered to be a sub-category of human resources that only f
10 KB (1,487 words) - 19:40, 18 March 2024
...cess, use, disclosure, disruption, modification, or destruction of assets. It plays an essential role in protecting privacy, data, systems, network infra
#Recovery: This phase includes the steps taken to return to normal operations following a security incident and to prevent similar incidents from occurri
3 KB (461 words) - 17:02, 18 July 2023
...he motivations behind their business initiatives, strategies, and actions. It outlines the elements that drive business decisions and actions, including
*Change Management: Enables organizations to adapt to change effectively by identifying and as
8 KB (1,041 words) - 21:49, 27 March 2024
...recasting and Replenishment (CPFR)''' is a business model and supply chain management strategy that aims to improve collaboration and communication between suppl
...butors, and retailers, in order to improve forecasting accuracy, inventory management, and order fulfillment. The goal of CPFR is to reduce costs, increase effic
5 KB (783 words) - 15:45, 30 August 2023
...ntory carefully because it can be expensive, and too much or too little of it can impact a company's bottom line.
...uding raw materials, work-in-progress (WIP), and finished goods. Inventory management is the process of tracking stock levels, managing procurement and productio
13 KB (2,025 words) - 12:41, 7 January 2023
...languages and running on different platforms, to exchange data and perform operations seamlessly.
...ke Web Services Description Language (WSDL) or OpenAPI, that specifies the operations they support and the data formats they use for input and output.
5 KB (651 words) - 20:45, 18 April 2023
...y is a perspective within stakeholder theory that focuses on the strategic management of stakeholder relationships to achieve specific organizational outcomes, s
...mer loyalty, higher employee satisfaction, and more efficient supply chain management.
4 KB (514 words) - 20:06, 10 March 2024
...vestments throughout their lifecycle. It provides a framework for managing IT projects and programs from conception to retirement, ensuring that they are
...gement (ITIM)|managing IT investments]]. It is based on the principle that IT investments should be managed as a portfolio of projects and programs, and
5 KB (787 words) - 21:31, 26 June 2023
...keting approach for industries where long-term commitments are common, but it can also be seen as manipulative or unethical if customers are not fully aw
*[[Personnel Management]]
3 KB (418 words) - 22:40, 10 March 2024
...d understanding for individuals who are facing challenges or adversity, as it may be assumed that they deserve their situation.
...l, the Just-World Effect is an important cognitive bias to be aware of, as it can influence our perceptions and behaviors in a variety of contexts. By re
3 KB (430 words) - 22:32, 10 March 2024
...ocused on waste reduction) and Six Sigma (focused on quality improvement). It emphasizes identifying and eliminating process variations and wastes to imp
...improve performance, efficiency, and customer satisfaction significantly. It focuses on challenging existing processes, questioning assumptions, and des
5 KB (589 words) - 13:44, 31 May 2023
...nding of business operations, customer needs, and market dynamics to guide IT decision-making, project prioritization, and resource allocation.
*[[Business IT Alignment]]: Ensuring all IT projects and initiatives are directly aligned with business strategies, obj
8 KB (1,016 words) - 19:55, 27 March 2024
...ise applications, facilitating integration, automation, and effective data management.
...isparate applications, data sources, and services within an organization's IT ecosystem.
6 KB (731 words) - 21:19, 8 May 2024
...eature that allows multiple devices to share a single internet connection. It is typically used in small networks, such as homes or small businesses, whe
#Ease of setup and management: ICS simplifies the process of setting up and managing internet access for
4 KB (583 words) - 22:15, 10 March 2024
...ecessarily imply that it is of poor quality in an absolute sense. Instead, it is a relative term used in economics to describe the relationship between t
...economic growth or decline. If a business primarily sells inferior goods, it may experience a decrease in demand during economic expansions, as consumer
3 KB (393 words) - 18:50, 10 March 2024
...a Japanese term that translates to "mistake-proofing" or "error-proofing." It is a quality control concept that aims to prevent errors and defects in man
...prevention: While Poka-Yoke can effectively prevent errors, ensuring that it does not create a false sense of security or lead to complacency is essenti
7 KB (1,010 words) - 17:17, 12 March 2024
...tion]] initiatives leverage technology to drive business value, streamline operations, and enhance customer experiences. BDT ensures that digital transformation
...business priorities, organizations can make more informed decisions about IT investments, ensuring that technology supports operational efficiency, cust
8 KB (1,025 words) - 23:25, 27 March 2024
...databases, content development, payrolls, [[Logistics Management|logistics management]], GIS (Geographical Information System), HR services, web services, etc.<r
...ement]], improved database, improved look and feel, etc. The outcome of an IT-enabled service is in two forms:
15 KB (2,171 words) - 18:38, 7 March 2024
...gic changes that involve altering the organization's overall direction and operations, as well as more focused changes to specific processes or systems.
...n continuous improvement efforts to increase efficiency and effectiveness. It emphasizes teamwork, customer focus, and continuous learning.
4 KB (504 words) - 12:47, 26 August 2023
*[[Personnel Management]]
*[[IT Operating Model]]
3 KB (437 words) - 22:19, 10 March 2024
...anagement, human resources, accounting, operations management, and project management.
It has since been used by organizations of all sizes and in all industries to
5 KB (634 words) - 18:45, 10 December 2022
...g. It sets out how the business will operate following an incident and how it expects to return to ‘business as usual’ in the quickest possible time
...icane Katrina, and Swine Flu have brought the issue of Business Continuity Management to the attention of all business owners and executives. They now realize th
14 KB (2,016 words) - 19:50, 12 April 2023
...or materials move through various stages to achieve a specific objective. It is a visual representation or map of the workflow within a process, highlig
...se the process flow diagram to implement changes or as a guide for ongoing operations. Regularly review and update the diagram as the process evolves.
7 KB (991 words) - 19:35, 26 March 2024
...What is Application Platform as a Service (aPaaS)? [http://www.gartner.com/it-glossary/application-platform-as-a-service-apaas Gartner]</ref>
...deploying applications because it's easier to maintain, it's scalable and it's tolerant to faults, enabling users to focus on other thing. PaaS provides
7 KB (965 words) - 00:07, 28 March 2024
...implement its plans using the smallest possible expenditure of resources. It is an important factor in the firm's organizational effectiveness, this bei
...fficiency Factor and What are the Types of Efficiencies that Contribute to it?]</ref> ==
11 KB (1,556 words) - 18:36, 13 April 2023
The GE Business Screen, also known as the GE McKinsey Matrix, is a strategic management tool used to assess and prioritize a company's business units or product li
#A visual representation of the company's portfolio, making it easier for managers to understand the relative position of each business un
7 KB (953 words) - 18:33, 8 March 2024
Since most banks measure their efficiency through a RAROC model, it is important to understand its evolution. Arising out of economic theories
*Risk [[Management]]
8 KB (1,182 words) - 00:36, 29 November 2022
...a firm can operate at peak efficiency given its resources and technology. It was first introduced by economist Harvey Leibenstein in 1966 to explain the
...mum wastage of resources. It is essentially the efficiency of the internal operations of a firm. There are several ways to measure X-efficiency:
4 KB (643 words) - 19:19, 25 April 2023
...cross the supply chain, enabling better decision-making and more effective management of resources.
...d coordination among supply chain partners to align goals, strategies, and operations.
8 KB (1,013 words) - 17:23, 21 March 2024
...Availability is higher. However, in the context of a maintenance contract, it would be important to distinguish whether MTTR is meant to be a measure of
...risk]] that the [[organization]] will experience significant downtime when IT incidents occur, potentially leading to business disruptions, [[customer]]
9 KB (1,523 words) - 17:02, 6 February 2021
...inition/application-lifecycle-management-ALM What is Application Lifecycle Management (ALM)?]</ref>
...ationlifecyclemanagement.com/ What is the purpose of Application Lifecycle Management?]</ref>
13 KB (1,892 words) - 18:51, 21 November 2022
...ea, the purpose and the drivers behind a company, which sends the company, it's executives and employees along its way in a particular direction. The Mis
...ate. You need not include every detail—it will only handcuff you later—but it’s through your mission statement that people will be able to understand h
6 KB (944 words) - 21:28, 4 March 2024
...B)''' is a database management system (DBMS) that supports the storage and management of data in an object-oriented programming paradigm. Unlike traditional rela
...s: Data is stored as objects, which can include both data (attributes) and operations (methods) that can be performed on the data.
7 KB (956 words) - 13:19, 26 March 2024
...rease efficiency, reduce waste, and ensure customer satisfaction by making it right the first time.
*Increased Efficiency: Eliminating rework and errors leads to more efficient operations and productivity gains.
8 KB (1,032 words) - 17:26, 12 March 2024
...usion of Control Bias can have a significant impact on decision-making, as it can lead people to take actions that are not rational or logical. For examp
...hat can be controlled rather than what cannot be controlled. Additionally, it can be helpful to seek feedback from others, engage in reflective thinking,
3 KB (479 words) - 18:43, 10 March 2024
...ompany's gross revenue or total sales. It is called the "top line" because it appears at the top of a company's income statement. The top line reflects t
...gives an overview of the scale of a company's market operations. However, it does not account for the cost of goods sold (COGS), operating expenses, or
2 KB (358 words) - 20:17, 15 June 2023
#Risk management: Futures contracts allow market participants to hedge against price fluctua
#Liquidity: Futures markets are typically highly liquid, making it easy for traders to enter and exit positions.
6 KB (888 words) - 18:33, 8 March 2024
.../Application_performance_management Definition of Application Performance Management (APM) -Wikipedia]</ref>
...nt/application-performance-management.html What is Application Performance Management?-IBM]</ref>
10 KB (1,527 words) - 00:56, 22 November 2022
...s over the internet. The CSA is a crucial component of cloud computing, as it defines how various components and services are organized, interconnected,
...ivided into components such as compute, storage, networking, security, and management. Designing an effective cloud service architecture involves considerations
3 KB (450 words) - 00:05, 28 March 2024
...cisions in various fields such as business, healthcare, finance, and more. It involves using statistical methods, predictive modeling, and machine learni
...Identifying inefficiencies and areas for improvement within processes and operations.
6 KB (720 words) - 21:55, 15 May 2024
.../Value Framework (IVF)''' is a strategic tool used in business and project management to prioritize initiatives, projects, or investments based on their potentia
...us on initiatives most likely to deliver the greatest value. Additionally, it also helps in communicating the value and impact of the project internally
8 KB (1,152 words) - 19:10, 3 April 2024
...w.networkworld.com/article/3280225/what-is-digital-twin-technology-and-why-it-matters.html NetworkWorld]</ref>
...se, digital twin use cases are primarily being adopted across engineering, operations, and service – driving significant [[Business Value|business value]] and
11 KB (1,567 words) - 18:37, 30 August 2023
...consistent idea, from business functions to system components, as long as it represents a complete set. This frame of reference can then be used to comm
...nce model presents a kind of model pattern for a certain class of aspects. It can be used to derive a specific model or for purpose of comparison. Compar
3 KB (399 words) - 11:06, 17 January 2023
...s of actual behavior versus forecasted or planned behavior in budgeting or management accounting. This is essentially concerned with how the difference between a
...alysis is important for maintaining control over a business's finances, as it enables businesses to assess the impact of any changes that have been made
3 KB (470 words) - 19:17, 7 December 2022
...that are required to support a system, organization, or business process. It shows how resources are acquired, allocated, and managed to achieve specifi
...a high-level view of the resources needed to support a system or process. It allows stakeholders to understand the types of resources required, the quan
4 KB (587 words) - 22:54, 10 March 2024
...d experience of others, helps to support decision-making, and improves the management of services.<ref>[https://www.invensislearning.com/articles/itil/what-is-it
Managing the complexity associated with changes to services and service management processes
14 KB (2,027 words) - 17:59, 12 January 2023
== Definition - What is IT Infrastructure? ==
...in common across an organization, regardless of mission/program/project. IT Infrastructure also serves as the foundation upon which mission/program/pro
17 KB (2,325 words) - 18:49, 30 August 2023
...itments, and procedures an output (e.g. order fulfillment, invoicing, cash management, manufactured batch, customer response tracking, regulatory submissions, et
...hnology (IT)|information technology (IT)]] services and telecommunication (IT services including hardware and software consultancy, customized
21 KB (3,044 words) - 19:56, 29 March 2024
...ir customers. Process architecture is an integral part of business process management (BPM) and enterprise architecture (EA), focusing on optimizing workflow eff
*Operational Efficiency: Streamlines operations by eliminating waste, reducing cycle times, and optimizing resource use.
8 KB (1,053 words) - 19:08, 26 March 2024
...ch's approach involves several key stages, each critical for the strategic management process.
Key Components of Glueck and Jauch's Strategic Management Model:
6 KB (799 words) - 15:33, 22 March 2024
...n [https://www2.deloitte.com/content/dam/Deloitte/us/Documents/process-and-operations/us-sdt-think-big-business-transformation.pdf]</ref>
Business Transformation is a change management strategy that has the aim to align the People, Processes, and Technology in
11 KB (1,467 words) - 19:04, 25 August 2023
...an be both normative and positive, because it analyses and formulates risk management strategies to avoid and/or reduce the human and economic costs caused by di
...the risk governance framework should encompass everybody. That means that it can only operate successfully if there are clear and effective lines of com
11 KB (1,645 words) - 00:39, 20 January 2023
...ntrol between different interactions or interaction fragments in a system. It provides a high-level view of the sequence of interactions and offers an ov
...between different interactions and interaction fragments within a system. It is used to:
4 KB (470 words) - 22:07, 10 March 2024
...eveloped by Arnoldo Hax, a management professor at the MIT Sloan School of Management, and Dean Wilde, a consultant. Introduced in the late 1990s, the model aims
...licate. The goal is to lock customers into the company's ecosystem, making it difficult for competitors to penetrate the market.
5 KB (681 words) - 15:49, 7 September 2023
...long-term goal or objective. In the context of program evaluation, project management, or strategic planning, intermediate outcomes serve as progress indicators,
*[[Personnel Management]]
4 KB (519 words) - 22:14, 10 March 2024
...definition/activity-based-management-ABM.html Definition of Activity-Based Management (ABM)]</ref> ==
...efficiencies and effectiveness of an organization in securing its markets. It draws on activity based-costing (ABC) as its major source of information an
12 KB (1,674 words) - 20:43, 17 January 2023
...intaining profitability. This may involve making changes to the business's operations, such as reducing costs or increasing efficiency.
...can also be challenging to implement, as it requires careful planning and management in order to be successful.
4 KB (592 words) - 14:46, 9 January 2023
#Risk management: This method helps businesses manage the risk of uncollectible accounts by
...ection of revenue is uncertain or when the sale involves high credit risk. It has been widely accepted and adopted by businesses and accounting professio
4 KB (593 words) - 20:05, 10 March 2024
...re IBM technical community to work toward insightful, inspired innovation. It strives to:
...as eminent technology thought leaders that have an enduring impact on the IT industry. IBM AoT mission is to follow the best of innovation, helping IBM
4 KB (507 words) - 18:39, 10 March 2024
...operation can produce or process units of output within a given timeframe. It focuses on understanding and optimizing the flow of work through a system t
...in the [[System|system]] is designed to [[process]] (make) something while it is in operation.<ref>Definition - What does Throughput Analysis Mean? [http
5 KB (724 words) - 17:38, 31 May 2023
...ng various applications, systems, and data sources within an organization. It acts as a central hub for data and application integration, enabling seamle
#Monitoring and Management: Features for monitoring and managing the performance, security, and reliab
4 KB (529 words) - 22:01, 10 March 2024
== What is IT Infrastructure Management? ==
7 KB (938 words) - 13:26, 26 March 2024
...en dealing with large amounts of enterprise data in order to make sense of it all more quickly and efficiently.
...anized in a logical way and is easy to understand, search, and manipulate. It typically takes the form of tables, rows, columns, and datasets. Examples i
8 KB (1,218 words) - 16:46, 2 February 2023
...the context of data, the value chain highlights the various stages of data management and transformation that enable organizations to turn raw data into valuable
...this stage, the raw data is cleaned, transformed, and enriched to prepare it for analysis. Data processing may include activities such as data integrati
4 KB (598 words) - 13:54, 6 September 2023
...ty. Basel II attempted to accomplish this by establishing risk and capital management requirements to ensure that a bank has adequate capital for the risk the ba
...influence of implementing Basel II on IT mainly relates to the security of operations. Focus areas are:
9 KB (1,362 words) - 01:43, 15 March 2023
..., an OLA tells the service provider’s internal teams what to do, how to do it, and when – plus, what should be done in the cases of irregularity or eme
...to deliver a service or set of services. OLAs are designed to ensure that IT service providers are able to provide the level of service required and exp
5 KB (770 words) - 11:19, 7 April 2024
...considered a liability. In contrast, the wine supplier considers the money it is owed to be an asset.<ref>[https://www.investopedia.com/terms/l/liability
...ples are disaster relief (Floods, Cyclones, Tsunami and more), environment management, municipality defaults and so on.
6 KB (964 words) - 01:25, 26 April 2023
...ithin an organization that focuses on the development, implementation, and management of integration solutions. Its primary objective is to provide expertise, be
*[[Personnel Management]]
4 KB (545 words) - 22:02, 10 March 2024
...of cash generated by a company relative to its investment in the business. It is a valuation metric that provides a measure of how well a company is util
*Cash Flow: This is the cash generated by the company from its operations, including revenue-generating activities and operating expenses.
2 KB (386 words) - 21:53, 10 April 2023
...tandard for IT management over the entire range of responsibilities of the IT manager (CIO).<ref>[https://managementmania.com/en/itil-information-technol
...vice<br />The scope of Service Design is also not limited to new services; it includes any changes and improvements necessary to increase or maintain val
16 KB (2,461 words) - 13:13, 31 August 2023
...ndustry]], a CFO is the highest-ranking position, and in other industries, it is usually the third-highest position in a company. The CFO must report acc
...accountable for the administrative, financial, and [[risk]] [[management]] operations of the company, to include the development of a financial and operational [
14 KB (1,911 words) - 13:27, 31 August 2021
'''Digital Supply Chain''' is an advanced form of logistics management that enables companies to keep all their resources, reporting platforms, an
...Product Lifecycle Management: The components of data and product lifecycle management for a digital supply chain strategy include:
14 KB (2,048 words) - 17:38, 8 February 2023
...l integrity as the coherence between formally espoused moral values by top management (Bourne, Jenkins & Parry, 2017), embedded values reflected in the formal or
*[[Information Technology Controls (IT Controls)]]
3 KB (417 words) - 12:46, 12 March 2024
...l. It allowed voice and data services to be delivered over the same lines. It also provided a single interface for hooking up a fax machine, a telephone,
#Basic Rate Interface (BRI): This is for home and small enterprise use. It consists of two 64 Kbps 'bearer' (B) channels and one 16 Kbps 'delta' (D) c
3 KB (427 words) - 22:01, 10 March 2024
...d other resources into [[Cash Flow|cash flow]] from sales. In other words, it represents the amount of time a company's cash is tied up in its operating
...ays Sales Outstanding (DSO)''': This represents the average number of days it takes for a company to collect cash from its customers after a sale has bee
2 KB (383 words) - 18:06, 18 July 2023
...ffer directory services and a messaging system (email), as well as network management and multiprotocol routing capabilities.<ref>What is a Network Operating Sys
...ties grew and the number of networked devices grew rapidly. Partly because it allowed for multi-vendor interoperability, and could route packets globally
13 KB (1,812 words) - 16:00, 8 March 2024
...l control as “a [[process]], effected by an entity’s board of directors, [[management]] and other personnel, designed to provide reasonable assurance of the achi
* Effectiveness and [[efficiency]] of operations
6 KB (893 words) - 14:24, 6 February 2021
...stem (DBMS)''' is software used to manage and organize [[Database (DB)]]s. It provides an interface between the user, the application, and the database,
...dictionary, query language, security, backup and recovery, and transaction management.
6 KB (840 words) - 20:35, 7 March 2024
...operate effectively, such as organizational structure, management systems, IT infrastructure, and corporate culture.
...tegic decisions to improve them. While the framework has some limitations, it offers a valuable approach to understanding and managing intangible assets
4 KB (526 words) - 21:57, 10 March 2024
...s expanding the scope of a job by adding more tasks or responsibilities to it. The goal of job enlargement is to increase the variety of tasks and respon
*[[Personnel Management]]
3 KB (500 words) - 22:19, 10 March 2024
To avoid investing in zombie funds, it is important to carefully research any investment fund's financial health a
#Inactive Funds: Inactive funds are investments that have ceased active management or trading activities. Similar to zombie funds, they may still hold assets
2 KB (380 words) - 10:48, 20 February 2024
...the software supports. Some experts also define business software by what it excludes. Gaming applications and similar software would not be considered
...ugh such software typically had far fewer capabilities than modern project management software such as Microsoft Project, which one might purchase today for unde
12 KB (1,693 words) - 19:48, 27 March 2024
...a "pull" system in which work is only performed when the customer demands it rather than a "push" system in which work is performed regardless of demand
...eeded when it is required, and in the quantity needed; and [[Total Quality Management (TQM)]], which is a philosophy that emphasizes continuous improvement and c
6 KB (850 words) - 17:11, 12 March 2024
...erconnect participant networks to the ARPANET from the late 1960s to 1989. It was the first generation of gateways, which are known today as routers.<ref
...route and manage data packets between connected computers on the ARPANET. It provided a reliable and efficient communication by breaking down messages i
4 KB (524 words) - 22:08, 10 March 2024
...at arise. Application maintenance is a key component of software lifecycle management, aiming to extend the useful life of applications, enhance their performanc
...ce: Refers to making modifications and updates to an application to ensure it remains compatible with changing operating environments, such as new operat
7 KB (971 words) - 11:30, 26 March 2024
*[[Personnel Management]]
*[[IT Operating Model]]
4 KB (506 words) - 22:18, 10 March 2024
...y chain and reduce the complexity of managing multiple suppliers. However, it also comes with inherent risks, such as supplier dependency and potential d
*'''Simplified Supply Chain Management:''' Working with a single supplier reduces the complexity of managing multi
3 KB (479 words) - 19:40, 17 April 2023
...: An organizational change initiative, such as the implementation of a new management structure or the adoption of new technology, can serve as an intervention i
*[[Personnel Management]]
4 KB (522 words) - 22:16, 10 March 2024
...e same goals and objectives and that resources are being used effectively. It can also help to minimize conflicts and inconsistencies and improve the ove
...rational strategy: The plan for managing and optimizing the organization's operations, including its processes, systems, and resources.
4 KB (578 words) - 15:43, 1 September 2023
== What is IT Service Desk ==
...The best service desks are constantly looking for opportunities to run all IT processes, including the help desk, more efficiently. Some key traits of th
22 KB (3,409 words) - 13:16, 31 August 2023
...ystem integration is critical in modern IT and engineering projects, where it's necessary to combine hardware, software, networking, and operational syst
...and Productivity: Streamlining business processes by ensuring that various IT systems and applications can share data and functionality, thereby improvin
9 KB (1,134 words) - 00:07, 28 March 2024
== Definition - What is Product Portfolio Management? ==
...Portfolio Management Mean? [https://www.saviom.com/blog/product-portfolio-management-ppm/ Saviom]</ref>
8 KB (1,128 words) - 17:55, 29 September 2021
...iness unit within a company responsible for generating revenue and profit. It is a subset of a company's larger organizational structure, usually divided
...criteria. It must have control over its revenues, costs, and expenses, and it must be able to influence its profits through its own decisions and actions
3 KB (405 words) - 19:37, 20 April 2023
Benchmarking is the practice of a business comparing key metrics of its operations to other similar companies. Companies use benchmarking as a way to compare
...rovide an organization with valuable insights into its performance and how it compares to other organizations. Benchmarking involves measuring different
8 KB (1,165 words) - 12:55, 2 September 2023
...nstitute of CPAs (AICPA), '''SOC 2''' defines criteria for [[Customer Data Management (CDM)|managing customer data]] based on five “trust service principles”
*Change management—a controlled process for managing changes to IT systems, and methods for preventing unauthorized changes.
2 KB (342 words) - 08:15, 7 December 2021
...portfolios managed by executives outside of [[Information Technology (IT)|IT]].[https://www.globalknowledge.com/us-en/resources/resource-library/article
...[https://advisera.com/20000academy/blog/2014/06/24/itil-service-portfolio-management-process-overview/ Advisera]</ref>'''<br />
12 KB (1,770 words) - 17:55, 23 March 2021
...h can be applied in various fields, such as computer science, engineering, management, or other disciplines, where a clear understanding of complex systems or pr
...ion of the model that enables stakeholders to understand and interact with it.
5 KB (624 words) - 18:52, 10 March 2024
...d, the enabling technologies of the internet and advance planning systems. It has become difficult for a single company to compete against these networks
...arded as the main challenge for network managers since, to a great extent, it determines the way the company competes and its resultant effectiveness. A
4 KB (543 words) - 15:32, 11 April 2023
*[[Personnel Management]]
*[[IT Operating Model]]
4 KB (513 words) - 22:18, 10 March 2024
...basic building blocks of a BPEL process, representing individual steps or operations. BPEL provides a set of predefined activities, such as invoking web service
...' WSDL is an XML-based language for describing web services, including the operations they provide, the messages they exchange, and the protocols and transports
9 KB (1,325 words) - 02:09, 8 April 2023
...such a way that it can be manipulated and analyzed to support information management activities, such as business intelligence or reporting.<ref>[http://searchd
...utions on not only how to integrate all of this data, but also how to make it readable and useful for the business. New technologies accommodate more han
8 KB (1,175 words) - 15:51, 2 February 2023
...od against severity linked with the potential [[Risk|risks]] of a project. It is a tool that assists in reducing the risk impact that might otherwise aff
There are two dimensions to a risk matrix. It looks at how severe and likely an unwanted event is. These two dimensions c
12 KB (1,774 words) - 12:51, 1 July 2023
'''The Definitive Media Library & CMDB in the context of the Release [[Management]] [[Process]]'''<br />
...pg|500px|The Definitive Media Library & CMDB in the context of the Release Management Process]]<br />
6 KB (967 words) - 15:17, 6 February 2021
...sts: Creating a high-quality infomercial can be expensive, particularly if it includes professional production, talent, and special effects.
*[[Personnel Management]]
3 KB (476 words) - 18:50, 10 March 2024
...a structured and standardized approach to modeling complex systems, making it easier for stakeholders to understand and communicate about the system.
Another benefit of IDEF is that it can help to improve the quality of systems engineering processes. By using
4 KB (590 words) - 18:41, 10 March 2024
*[[Personnel Management]]
*[[IT Operating Model]]
4 KB (486 words) - 22:52, 10 March 2024
...es detailed information about the company, its financials, business model, management team, risks, and other relevant data to help potential investors make infor
#Roadshow: A series of presentations made by the company's management to potential investors, aiming to generate interest in the IPO and secure c
4 KB (619 words) - 18:53, 10 March 2024
...rticularly useful in software development, project management, and product management to ensure that all stakeholders clearly understand the project goals, the s
...ement template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's value proposition, infr
5 KB (688 words) - 18:42, 3 April 2024
The concept of a system is important because it helps us to understand how things such as organizations work. By understand
The main benefit of the concept of a system is that it helps us to understand how the different parts of a system interact with ea
6 KB (997 words) - 19:38, 18 March 2024
...n return for work performed as required. Essentially, it is a tool used by management for a variety of purposes to further the company's existence. Compensation
...lating Expenses: Compensation is a major operational expense, and managing it effectively is crucial for financial stability and profitability.
6 KB (777 words) - 23:51, 15 May 2024
...mit, or value that serves as a boundary or a level at which changes occur. It can signify the starting point of a new condition or phase, triggering diff
*Risk Management: In finance and business, thresholds help manage risks by setting limits th
7 KB (908 words) - 10:24, 8 March 2024
...to the desired target state. By clearly identifying gaps between the two, management can develop strategies for closing them.
...where an organization is currently and where it wants to be in the future. It involves collecting data on how resources are allocated and performance lev
4 KB (553 words) - 00:57, 8 December 2022
...is to help businesses understand the relationships between their internal operations, customer satisfaction, employee satisfaction, and overall financial perfor
...long-term success. The framework provides a holistic approach to business management, emphasizing the need for businesses to invest in their employees and custo
3 KB (414 words) - 23:14, 5 April 2023
...ime delay between sales growth and profit growth. This lag is important as it relates to the funding life cycle, which is explained in the latter part of
...ash generation is higher than the profit on the income statement. However, it’s important to note that many businesses extend their business life cycle
8 KB (1,152 words) - 22:14, 27 March 2024
...type of service that a business provides will often depend on the industry it is in. For example, a service-based business might offer cleaning services,
...business might offer a more personalized service than its competitors, or it might have a better reputation for customer service.
9 KB (1,392 words) - 19:42, 18 March 2024
...Digitalization makes it easier to access, preserve, and share information. It is essentially a process of converting everything into digital format. Ulti
...he generic term for the Digital Transformation of society and the economy. It describes the transition from an industrial age characterized by analog tec
17 KB (2,449 words) - 17:35, 21 February 2023
...attitudes, preferences and opinions.<ref>Definition of Enterprise Feedback Management (EFM) [http://interceptum.com/pci/en/60981/67350/96131 Intercetum]</ref>
...ment (EFM) [https://www.techopedia.com/definition/1077/enterprise-feedback-management-efm Techopedia]</ref>
8 KB (1,143 words) - 17:18, 19 December 2022
...occur in various contexts, including government administration, corporate management, and technology, each having its unique implications and benefits.
...on: Decentralization can encourage innovation by allowing those closest to operations or customers to experiment and implement new ideas without waiting for top-
8 KB (1,084 words) - 21:18, 22 April 2024
...IEEE is dedicated to advancing technology for the benefit of humanity, and it does so by producing and disseminating technical information, sponsoring co
*[[Personnel Management]]
4 KB (510 words) - 20:06, 10 March 2024
...structures. Service models are essential across various sectors, including IT, healthcare, finance, education, and hospitality, guiding organizations in
*Cost Management: Balancing the costs of service delivery with pricing structures that are c
8 KB (1,000 words) - 22:11, 14 March 2024
The Prospector Strategy is a term from the Strategic Management field coined by Miles and Snow in their strategic business unit strategies
...ge in their industry, and they prioritize flexibility and agility in their operations.
3 KB (439 words) - 21:41, 15 June 2023
...se of real-time data is to provide current, timely and immediate insights. It plays a critical role in areas where up-to-the-minute information is necess
#Real-time processing system: This system processes the data as soon as it is received.
3 KB (398 words) - 17:46, 18 July 2023
...s it helps to determine how long the company can continue operating before it runs out of cash or needs additional funding.
...es minus cash inflows) over a specific period, such as a month or quarter. It can also be expressed as a negative cash flow or a negative change in cash
3 KB (435 words) - 18:05, 18 July 2023
...hts/analytics/big-data-analytics.html#dmtechnical Big Data Analytics - How it Works and Key Technologies]</ref> ==
...ality. Once data is reliable, organizations should establish a master data management program that gets the entire enterprise on the same page.
11 KB (1,548 words) - 23:54, 22 March 2024
...ation is to make complex data more understandable and accessible to users. It helps in:
#Identifying trends and patterns: Visual representations make it easier for users to identify trends, patterns, or anomalies in large datase
4 KB (503 words) - 22:08, 10 March 2024
...iors into explicit and written guidelines governing various organizational operations. <ref>What Does Formalization Mean? [https://open.lib.umn.edu/principlesman
...in how work is performed, and decisions are made within the organization. It helps reduce ambiguity, enhance efficiency, and ensure employees understand
5 KB (610 words) - 17:09, 31 May 2023
...d behavior of the machine, including aspects like processor design, memory management, and input/output control.
...s the arithmetic logic unit (ALU), which performs mathematical and logical operations, and the control unit, which retrieves and executes instructions from memor
6 KB (778 words) - 17:29, 25 April 2024
...hat is Advanced Metering Infrastructure (AMI)?<ref>[http://www.gartner.com/it-glossary/advanced-metering-infrastructure-ami Defining Advanced Metering In
...an IT application (such as revenue protection, demand response, or outage management).
12 KB (1,724 words) - 22:02, 17 January 2023
...integrates the interests of different stakeholder groups into its business operations and strategic objectives.
*Strategic Decision Making: It aids in making informed strategic decisions that consider the impacts on an
7 KB (910 words) - 19:32, 1 March 2024
...d resource requirements to ensure operational resilience and continuity of operations during and after a business disruption. The BIA quantifies the impacts of d
...ations do not have a clear, unified understanding of obligations. In fact, it is very rare to see any entity within an organization that has a full grasp
14 KB (2,213 words) - 07:46, 19 August 2023
...ement-consulting.blogspot.com/2007/09/4s-web-marketing-model.html Business Management Consulting Theories and Models]</ref>
...sues at the bottom of the online presence; these are subject to continuous management review and appraisal. The scope word should be referred to in terms of mark
4 KB (655 words) - 12:22, 2 September 2023
...reamline the [[Software Development|software development]] process, making it more efficient and productive for developers.
#Code navigation and refactoring tools: IDEs often provide features that make it easier to navigate and understand large codebases, such as code navigation,
4 KB (533 words) - 22:00, 10 March 2024
...ied to a wide range of industries and applications, including supply chain management, healthcare, and financial services.
...nefits, challenges, and applications of Hub-and-Spoke Integration, and how it interacts with other architectural patterns and strategies, please refer to
7 KB (916 words) - 12:52, 9 March 2024
...al component of the supply chain and play a crucial role in any business's operations, directly affecting the quality, cost, and availability of products or serv
...hrough pricing, terms, and conditions of supply. Effective negotiation and management of supplier relationships can lead to cost savings and improved margins.
7 KB (952 words) - 11:36, 26 March 2024
...steps it takes to get the product or service to the customer. Supply chain management is a crucial process because an optimized supply chain results in lower cos
...Supply Chain<ref>[https://www.thebalance.com/introduction-to-supply-chain-management-2221276 The Elements of Supply Chain]</ref> ==
7 KB (995 words) - 15:17, 20 July 2023
...on Technology Asset Management (ITAM) [https://iaitam.org/what-is-it-asset-management/ IATTAM.org]</ref>
== Definition of Information Technology Asset Management (ITAM) ==
19 KB (2,878 words) - 13:15, 31 August 2023
...the efficiency with which a company is collecting its accounts receivable. It is calculated by dividing a company's net credit sales by its average accou
...of the collection ratio is to provide an indication of a company's credit management practices and the quality of its accounts receivable. A high collection rat
3 KB (512 words) - 16:17, 30 August 2023
...ality and customer satisfaction by continuously improving and streamlining operations.
...Lean practices increase the flexibility of manufacturing processes, making it easier to adapt to changes in customer demand.
7 KB (902 words) - 11:47, 30 March 2024
...vement of money into and out of a company or an individual's bank account. It is a measure of how much money is coming in and going out over a specific p
...ual has more money going out than coming in. This can be a problem because it means that there is not enough money available to cover expenses and debts,
3 KB (484 words) - 21:23, 3 January 2023
...tion Performance Monitoring (APM) is a practice and technology that allows IT professionals and developers to monitor, manage, and analyze the performanc
*Proactive Problem Resolution: APM allows IT teams to identify and resolve performance issues before they impact users,
8 KB (1,076 words) - 00:06, 28 March 2024
== Business Semantics Management (BSM) ==
...gap between the technical and business aspects of data management, making it easier to align data strategies with business goals, improve data quality,
8 KB (1,140 words) - 20:40, 27 March 2024
...nding of how to deliver services. Infrastructure also includes systems for operations — from [[Human Resources|human resources]], training, supervision, and on
...ysis, policy making, workforce development, and [[Change Management|change management]].
6 KB (734 words) - 18:38, 30 August 2023
...lling, and the potential for bias in decision-making processes. Therefore, it is important for businesses to carefully consider the potential impacts of
...19th centuries introduced new manufacturing processes and machines. Still, it was the development of assembly line techniques by Henry Ford and others th
10 KB (1,401 words) - 07:54, 26 April 2023
*Base case scenario – It is the average scenario, based on management assumptions. An example – when calculating the net present value, the rat
...It is the ideal projected scenario and is almost always put into action by management to achieve their objectives. An example – when calculating the net presen
7 KB (1,049 words) - 18:12, 8 March 2024
MAGIC is important because it addresses the shortcomings of traditional accounting practices by recognizi
*[[Personnel Management]]
4 KB (562 words) - 22:04, 10 March 2024
...the interactions between users and digital products, systems, or services. It aims to create engaging, effective, and enjoyable experiences by shaping th
...rs should be able to remember how to use the interface when they return to it later.
4 KB (548 words) - 22:06, 10 March 2024
...ibing a firm's value proposition, infrastructure, customers, and finances. It allows businesses to understand, define, and align their activities for ide
*Clarity: Provides a clear overview of what a business does and how it does it, all on a single page.
4 KB (566 words) - 18:45, 3 April 2024
...agement (HCM) mean? [https://www.gartner.com/it-glossary/hcm-human-capital-management Gartner]</ref>
...tal Management (HCM)? [https://www.managementstudyguide.com/human-capital-management.htm MSG]</ref>
10 KB (1,447 words) - 02:17, 12 December 2022
...' refers to data that is organized and formatted in a specific way so that it can be easily processed, analyzed, and searched by machines. Structured dat
...sed in applications such as finance, healthcare, and customer relationship management.
5 KB (843 words) - 01:33, 26 April 2023
== What is Lean IT? ==
...educing lead times, and improving the quality of IT services and products. It emphasizes continuous improvement, value creation, and the elimination of a
7 KB (979 words) - 13:31, 26 March 2024
...anization, such as databases, data warehouses, or other data repositories. It was originally developed in the 1980s by the United States Air Force as par
...y require specialized knowledge to create and interpret IDEF1X models, and it may not be suitable for all types of data structures or modeling requiremen
4 KB (579 words) - 22:02, 10 March 2024
...model-based process analysis (e.g., simulation and other business process management techniques) and data-centric analysis techniques such as machine learning a
...ion: Identifying inefficiencies and bottlenecks in a process to streamline operations and reduce costs.
8 KB (1,034 words) - 19:41, 26 March 2024
== Defining Federal Information Security Management Act (FISMA) ==
...s, platforms and processes.<ref>What is the Federal Information [[Security Management]] Act (FISMA) [https://www.forcepoint.com/cyber-edu/fisma ForcePoint]</ref>
17 KB (2,306 words) - 15:52, 6 February 2021
...sure that they work, and periodically reviewing the process to ensure that it is up to date.<ref>[http://www.investopedia.com/terms/b/business-continuity
...ch. What you’re about to read might seem a little abstract, but stick with it.
14 KB (1,942 words) - 19:29, 12 April 2023
...rocess modeling is to understand, analyze, and improve business processes. It allows organizations to identify inefficiencies and bottlenecks in their pr
...volves verifying that the model accurately represents the process and that it can be used to identify opportunities for improvement.
6 KB (850 words) - 21:18, 5 January 2023
== What is Enterprise Service Management? ==
...nagement (ESM)''' is an extension of the principles outlined in IT service management systems, which facilitates enhanced service delivery for teams such as lega
17 KB (2,515 words) - 12:54, 21 March 2023
...use the ability to purchase certain materials or services can determine if operations will be profitable. In many cases, procurement processes will be dictated b
...of strategic decisions can sink an otherwise financially healthy company. It can make the difference between success and failure. High purchasing costs
7 KB (986 words) - 15:57, 9 March 2024
== What is IT Portfolio Management (ITPM)? ==
...It enables you to manage your resources and infrastructure and govern your IT investments objectively.
20 KB (2,977 words) - 18:51, 18 July 2023
...rd-party institution, such as a bank, for the transaction to occur, making it a direct form of payment.
...e, which simplifies trade. It also plays a critical role in the economy as it facilitates the transfer of goods and services.
3 KB (440 words) - 18:04, 18 July 2023
The '''Competing Values Framework (CVF)''' is a model used in organizational management and leadership to understand, assess, and develop organizational culture, l
...a family-like atmosphere, focusing on mentorship, teamwork, and consensus. It emphasizes internal maintenance with flexibility and concern for people.
7 KB (931 words) - 16:13, 6 April 2024
...business caught the market's eye with a novel product or service. Careful management of such good fortune may be even more vital than planned growth.
...es to expand, the business may find itself unable to pay bills even though it has more than adequate resources coming in—later. This can lead to bankru
16 KB (2,410 words) - 20:56, 4 March 2024
Effectiveness is an important concept in business because it can help to determine whether a company or individual is able to achieve it
...ny's product or service. For example, if a company's effectiveness is low, it may not be able to produce high-quality products or services. Additionally,
6 KB (874 words) - 15:57, 6 April 2024
...rs define not just the data type of a data structure but also the types of operations (functions) that can be applied to the data structure. This approach concep
...usable, and modular code that is easy to understand, modify, and maintain. It helps intuitively model complex systems that mirror real-world objects and
3 KB (471 words) - 21:24, 15 June 2023
...deployment phases as quickly as possible, while ensuring quality results. It also focuses on ongoing monitoring and retraining of models to ensure peak
...operationalization) is focused primarily on the governance and life cycle management of a wide range of operationalized [[Artificial Intelligence (AI)|artificia
8 KB (1,154 words) - 00:29, 8 January 2023
...es (e.g., [[customer]] or [[product]]) and data about them across multiple IT systems and possibly beyond the enterprise to partnering businesses.” Phi
No matter where it comes from, the definition of master data has several common themes:
8 KB (1,232 words) - 17:01, 6 February 2021
...or in using IT. [[IT Governance]] is not about making specific decisions - management does that - but rather determines who systematically makes and contributes
Based on extensive research on IT governance and their experience with a large number of both European and Am
6 KB (822 words) - 19:24, 10 August 2023
*[[Personnel Management]]
*[[IT Operating Model]]
5 KB (622 words) - 22:49, 10 March 2024
...nto the personal life of an individual without their consent or knowledge. It is a violation of a person's right to privacy, which is recognized as a fun
...uals from unauthorized intrusions and violations of their personal rights. It emphasizes the importance of personal autonomy, dignity, and the right to c
5 KB (641 words) - 22:17, 10 March 2024
...at is used to assess the impact of changes on the performance of a system. It is done to identify any potential impacts on employees, customers, and othe
...s assessing and evaluating the impact, as well as developing alternatives. It also requires taking into account power dynamics and relevant laws in a giv
20 KB (2,960 words) - 19:27, 3 April 2024
*Problem Management: Procedures for addressing service issues, including response times, escala
...overing all the services they use. For example, an SLA between a supplier (IT service provider) and the finance department of a large organization for th
8 KB (1,078 words) - 11:03, 7 April 2024
..., IMC can lead to enhanced customer engagement and brand loyalty. However, it requires effective planning, coordination, and investment to execute succes
*[[Personnel Management]]
4 KB (550 words) - 22:00, 10 March 2024
...ronment. <ref>Defining Application infrastructure [https://www.gartner.com/it-glossary/application-infrastructure Gartner]</ref>
...rs. It serves as the backbone for application development, deployment, and management.
8 KB (968 words) - 17:07, 21 August 2023
...represents the relationships between different sectors within an economy. It examines the interdependencies and the flow of goods and services among the
...1930s. He used the model to analyze the structure of the U.S. economy, and it has since been adapted and expanded to study economies worldwide.
5 KB (671 words) - 18:53, 10 March 2024
...ness Function]]s and software features without disrupting the core system. It plays a crucial role in managing the customization and extension of SAP env
...ng that businesses can implement new features without interrupting ongoing operations.
6 KB (802 words) - 14:32, 24 April 2024
...like a person’s first and last names, phone numbers, email addresses, etc. It can also include the following data:
...ld age group. You could then look to promote the product with links to buy it on social media where younger consumers are more likely to visit. The datab
10 KB (1,525 words) - 17:14, 27 March 2024
Results-Based Leadership is important because it helps organizations drive performance, foster a culture of accountability,
*[[Personnel Management]]
4 KB (568 words) - 22:52, 10 March 2024
...a type of preferred stock with the added feature of convertibility, making it the most directly related term.
...a company uses a mix of debt, equity, and hybrid securities to finance its operations. Convertible preferred stock is a hybrid security that can influence a comp
4 KB (689 words) - 17:41, 4 September 2023
...s remain competitive. On the flip side, however, the convergence of OT and IT allows easier access to these two components that are targets of cybercrimi
...ystems as a control component of an overall system. It also provides local management of processes being run through feedback control devices such as sensors and
8 KB (1,171 words) - 22:04, 17 January 2023
== What is Management Development ==
...ities which will help in development of their existing potential managers. Management development embraces the entire process by which managers learn, progress a
20 KB (2,948 words) - 20:23, 21 November 2022
...ls and arrows to represent different steps or actions in a process, making it easy for users to understand the sequence of events and make decisions base
...lt to follow if the represented process is too complicated. In such cases, it may be necessary to break down the process into smaller, more manageable st
5 KB (744 words) - 19:33, 19 April 2023
== What is Supply Chain Management (SCM)? ==
...that focuses on the cost, time, and quality of products through different operations, from supplier selection to manufacturing means and transportation and logi
21 KB (3,133 words) - 23:21, 13 September 2023
...analysis for better diagnosis support, treatment suggestions, and patient management.
Supply Chain Management: Automating inventory and demand forecasting requires analyzing trends from
5 KB (651 words) - 14:31, 8 May 2024
...nt/information-security-risk-management Defining Information Security Risk Management (ISRM) ]</ref> ==
...ty problems. Risk assessment is an integral part of an organization’s risk management process, designed to provide appropriate levels of security for its informa
10 KB (1,430 words) - 18:25, 14 April 2023
...plications and services, network optimization becomes critical to business operations.
...an have a significant impact on overall system performance and efficiency. It can help ensure smooth and uninterrupted service, reduce network latency, i
5 KB (604 words) - 14:55, 20 July 2023
...ean? [https://www.pmi.org/learning/library/defining-organizational-project-management-6245 PMI]</ref>'''<br />
'''Organizational Project Management''' is the systematic coordination of structures, capabilities, and practice
15 KB (2,169 words) - 10:44, 5 April 2023
...s make choices on allocating limited resources to satisfy unlimited wants. It examines the production, distribution, and consumption of goods and service
*[[Business Administration]] - The management of business operations, including aspects of economic decision-making.
3 KB (444 words) - 01:05, 31 August 2023
...actions. Performance measurement is integral to performance management, as it provides the data needed to assess progress toward achieving predetermined
*Business Management: In the corporate world, performance measurement is used to monitor organiz
7 KB (913 words) - 17:47, 9 April 2024
...company takes to pay its suppliers. The higher a company’s DPO, the longer it is able to make use of its available cash. Consequently, some companies may
...includes recording important [[Data|data]] from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accompl
4 KB (670 words) - 13:30, 19 July 2023
...nent of cloud environment. The structure of this [architecture is modular. It defines the fundamental architectural components which underpin and provide
...es. This role and its sub-roles are defined by ownership of a common cloud management platform (CCMP).
12 KB (1,740 words) - 16:38, 19 December 2022
== What is Management Consulting ==
.../www.definitions.net/definition/management+consulting Definition - What is Management Consulting?]</ref>
23 KB (3,323 words) - 13:28, 1 July 2023
...ategic-Planning-Basics Definition of Strategic Management]</ref> Strategic management can be divided into four main categories: strategic approaches, strategic c
...www.investopedia.com/terms/s/strategic-management.asp Explaining Strategic Management]</ref>
23 KB (3,206 words) - 15:08, 22 March 2024
'''Likert Management Systems''', developed by Rensis Likert in the 1960s, are powerful theories
...s and dimensions. A profile is graphically plotted, indicating the current management system level for each of Likert’s seven dimensions. The terminology and s
8 KB (1,142 words) - 22:38, 10 March 2024
...orporations/board-directors-4871 Board of Directors - How it Works and Why it Matters-Investing Answers]</ref><br />
...ion-making processes, but this can also create conflicts between acting in management's best interests and the shareholders' best interests. Independent director
21 KB (3,226 words) - 23:07, 9 February 2023
...advantage of the financial difficulties of struggling businesses. However, it is essential to note that their investments can sometimes help companies re
...or strategic guidance to help these companies recover or restructure their operations.
4 KB (540 words) - 21:02, 5 April 2023
...l structure, processes, and interactions of a system, project, or process. It focuses on the "what" rather than the "how" by illustrating the system's fu
...A graphical representation of the functional decomposition and sequence of operations within a complex system, process, or project. FFBDs provide a clear visual
4 KB (533 words) - 16:03, 26 August 2023
...on.<ref>What is Process Performance Measurement? [https://gluu.biz/process-management-glossary/process-performance-measurement/#:~:text=Process%20performance%20m
...performance measurement is both an obvious requirement and commonly absent management tool? Below are four main reasons — all of which can, and should, be over
8 KB (1,194 words) - 20:06, 26 March 2024
...eep understanding of concepts and the development of essential skills, but it can be more time-consuming and resource-intensive than traditional teaching
*[[Personnel Management]]
4 KB (597 words) - 20:04, 10 March 2024
...orbed into water.<ref>What is Absorption Chillers? [http://www.gartner.com/it-glossary/absorption-chillers Gartner]</ref>
*It is possible to load balancing in conditions of maximum efficiency in the co
8 KB (1,147 words) - 14:58, 23 November 2022
...collection, spend analysis, market research, negotiation, and contracting. It stops short of the actual purchase of and payment for goods and services. S
...rategic sourcing is a standardized and systematic approach to supply chain management that formalizes the way information is gathered and used. Strategic sourcin
11 KB (1,594 words) - 23:07, 13 September 2023
...bonds provide capital companies use to expand, innovate, or improve their operations, driving economic growth.
#Personal Financial Security: It is essential for building wealth, providing financial security, and ensurin
5 KB (731 words) - 11:04, 20 February 2024
...help organizations implement and manage a successful Customer Relationship Management (CRM) strategy. Introduced by Adrian Payne and Pennie Frow, this model outl
..., ensuring consistent communication and experience across all touchpoints. It includes integrating both operational and communication channels effectivel
10 KB (1,314 words) - 21:30, 10 April 2024
...hools) and for Executive education in Corporations for training in general management, finance, organizational behavior, human resources and such.
the participants included (Jones, 1998), but it also means driving system model with suitable inputs and observing the corr
12 KB (1,697 words) - 19:59, 29 March 2024
In the world of enterprise IT, data centers are designed to support business applications and activities
*Customer relationship management (CRM)
12 KB (1,769 words) - 13:54, 19 July 2023
...- money, labor, materials, equipment, buildings, land, administration and management]]. How value chain activities are carried out determines costs and affects
*Operations - are all the activities required to transform inputs into outputs (product
12 KB (1,769 words) - 02:19, 21 November 2022
...r the environmental implications of their actions before making decisions. It aims to prevent or reduce the adverse impacts of development projects on th
...allenges, the EIA process represents a proactive approach to environmental management, emphasizing prevention, stakeholder engagement, and informed decision-maki
6 KB (790 words) - 19:26, 3 April 2024
...small, incremental changes can lead to significant improvements over time. It involves a mindset of constant improvement, where individuals and organizat
...the improvement process and creating a culture of continuous improvement. It also emphasizes the need for data-driven decision making and the importance
6 KB (925 words) - 11:58, 30 March 2024
== Definition of Business Transaction Management (BTM) ==
'''Business Transaction Management (BTM)''' is a set of techniques and tools for monitoring, managing, and opt
8 KB (1,090 words) - 17:44, 27 March 2024
...tionship with all its [[Stakeholder|stakeholders]] (financiers, customers, management, employees, government, and the community)."<ref>Definition of Corporate Go
...t of the community. Whereas the 20th century might be viewed as the age of management, the early 21st century is predicted to be more focused on governance. Both
8 KB (1,110 words) - 14:06, 13 March 2024
...conomic, political and administrative affairs. Governance encompasses both management and administrative systems, which help to mobilize and transform available
...he best interests of its stakeholders. Good governance involves overseeing management to make sure they are achieving desired outcomes and following ethical guid
24 KB (3,536 words) - 18:41, 18 July 2023
...ref>[https://www.varonis.com/blog/risk-management-framework/ Defining Risk Management Framework]</ref> ==
...lined and structured process that integrates information security and risk management activities into the system development life cycle.
11 KB (1,573 words) - 16:25, 20 January 2023
...quired. Subordinates are expected to follow the directions of [[Management|management]] and not question their rationale. Communication, much like decisions, als
...[Employee|employees]] into designated tasks. In mechanistic organizations, it is typical for each person to be assigned one task that is relatively stabl
7 KB (910 words) - 13:33, 4 January 2023
...tion''' is an event which affects a business financially or in other words it causes a change in its assets, [[liabilities]] and/or equity. Any event whi
...r a business transaction to be valid and recorded in the accounting books, it must meet all of the following rules and criteria:
7 KB (1,042 words) - 17:39, 27 March 2024
...word supply depends on the context in which it is used. Broadly speaking, it means to provide something. In business, the thing supplied is a good or se
...ecific good or service that is available to all its consumers in a market. It is closely related to and gains meaning from the term [[Demand]], the need
11 KB (1,786 words) - 07:55, 19 August 2023
*Supply Chain Management: Efficient supply chain management can ensure lower costs, faster delivery times, and better product availabil
*Operational Excellence: Achieving high efficiency and quality in operations, reducing costs while maintaining product or service standards.
6 KB (848 words) - 22:30, 4 April 2024
...tation, brand, and customer relationships when acquiring another business. It often arises when one company acquires another for a price higher than the
...so be challenging to value accurately, protect, and maintain, making their management a critical aspect of a company's overall strategy.
7 KB (971 words) - 22:05, 10 March 2024
...nal Control''' is a process affected by an organization's governing board, management, administration, and personnel and is designed to provide reasonable assura
*effectiveness and efficiency of operations;
26 KB (3,648 words) - 00:02, 25 March 2024
.... A Strategic Business Unit (SBU) is a basic organisational unit for which it is meaningful to formulate a separate competitive strategy (Grant, 2002). T
...en an SBU status, it can make its own decisions, investments, budgets etc. It will be quick to react when the product market takes a shift or changes sta
21 KB (3,120 words) - 00:45, 15 March 2024
...e approach even further by discarding the existing code base and replacing it with a new one.
...tructure you need without having to have a full time team of IT staff, but it also allows you to access your data from anywhere in the world.
15 KB (2,378 words) - 00:34, 25 August 2023
...ations and data. Data replication is essential for business continuity, as it ensures that data can be recovered in the event of a data breach or system
...g and computation power, and enables extensive data sharing among systems. It can also be used to divide the network burden among multiple sites, making
22 KB (3,275 words) - 20:04, 3 February 2023
...ut compromising the ability of future generations to meet their own needs. It encompasses a broad spectrum of activities and principles to preserve natur
*Future Generations: It is moral to leave a habitable planet for future generations, ensuring they
7 KB (959 words) - 14:12, 13 March 2024
...ent measurement practices that are in place.<ref>[https://blogs.vmware.com/management/2014/10/understanding-organizational-maturity.html Defining Organizational
...on efforts to optimize productivity and improve the effectiveness of their operations.
9 KB (1,263 words) - 10:43, 5 April 2023
...cess models.<ref>[https://technology.berkeley.edu/ITSM Defining IT Service Management (ITSM)]</ref>
[[File:ITSM.png|300px|IT Service Management (ITSM)]]<br />
23 KB (3,458 words) - 12:32, 9 March 2024
...or data communication channel, usually measured in bits per second (bps). It signifies the capacity of the connection rather than the speed at which the
...performance and efficiency of data transmission across networked systems. It is used to:
6 KB (829 words) - 16:15, 19 February 2024
...of data and identifying meaningful patterns or trends quickly is critical. It is often utilized in areas such as financial markets, network security, log
...nd to events that may impact the efficiency and effectiveness of logistics operations, such as delays or equipment failures.
4 KB (585 words) - 19:42, 31 August 2023
...nd analysis, and data modeling in an interactive and user-friendly manner. It facilitates the discovery of insights from data through fast, consistent, i
...l databases, using SQL queries to dynamically aggregate data for analysis. It's more scalable but may not perform as quickly as MOLAP for complex queries
6 KB (772 words) - 22:33, 7 April 2024
...ity computing is often associated with cost efficiency and flexibility, as it leverages mass-produced components without significant modification.
Commodity computing plays a critical role in modern IT infrastructures by offering several key benefits:
6 KB (759 words) - 00:43, 16 May 2024
...between the hardware device and the programs or operating systems that use it. A device driver may also be called a software driver.<ref>Definition - Wha
...ds, a software program can provide information to a driver to explain what it wants a piece of hardware to do, information the device driver understands
8 KB (1,272 words) - 15:21, 19 February 2024
...akdown of the phases of a process, used to convey the inputs, outputs, and operations that take place during each phase." A process analysis can be used to impro
...possible for an error to occur or makes the error immediately obvious once it has occurred.
12 KB (1,813 words) - 18:45, 26 March 2024
...successful implementation of a [[Strategic Planning|strategic plan]]” or “It’s getting your [[Strategy|strategy]] done.” While these perspectives a
...ution as a discipline or “systematic way of exposing reality and acting on it.” They explain that “the heart of execution lies in three core process
16 KB (2,161 words) - 19:15, 30 December 2022
...ure, which previously relied on multiple standards and transmission rates. It's predominantly used in North America, while the Synchronous Digital Hierar
...r the multiplexing of lower-rate signals into a higher-rate signal, making it highly efficient in combining different types of traffic such as voice, dat
6 KB (771 words) - 11:11, 9 April 2024
'''Application Portfolio Management''' is a discipline for the governance of software applications through thei
*Governance Focus: The focus is on better IT decisions - higher business value at a lower cost, and risk
13 KB (1,804 words) - 17:14, 21 August 2023
...easingly applied to other fields due to its flexibility and effectiveness. It enables teams to work collaboratively to break down complex projects into m
...omplexity to focus on building [[software]] that meets [[business]] needs. Management and teams can get their hands around the requirements and technologies, nev
7 KB (932 words) - 09:30, 4 April 2024
...tps://www.patriotsoftware.com/blog/accounting/what-is-bottom-line-business-management/ Patriot]</ref>
...ive, companies can invest in new talent, product development, or expanding operations. They can also pay stakeholders dividends or repurchase stock. Increasing t
7 KB (1,114 words) - 19:54, 1 March 2021
...te or failed internal processes, people, systems, or from external events. It includes legal risks but excludes strategic and reputational risks. <ref>De
In the context of risk management, the role of the BIA is to quantify the capital requirement to cover potent
4 KB (635 words) - 10:44, 12 June 2023
...ensions of time and goal perspective, we have created a framework in which it should be possible to position every EA benefit reported. <ref>What is Ente
...o a growth in customer satisfaction or in the agility of the organization. It may even be a decrease in productivity (which, when the goal is to increase
9 KB (1,268 words) - 15:28, 7 December 2022
...usiness interruption is included as part of the business's primary policy, it only pays out if the overarching policy covers the cause of the loss.<ref>[
*It is only triggered in three limited circumstances:
6 KB (861 words) - 22:22, 27 March 2024
== What is the IT balanced scorecard? ==
...all stakeholders' viewpoints. An example of how the IT BSC can improve IT operations is by measuring the customer satisfaction level and implementing improvemen
63 KB (9,294 words) - 16:19, 26 May 2023
...tion, marketing, and distribution, and will vary depending on the purpose. It can be used for pricing open market products, making product mix decisions,
...rked that "fifty years ago, when manufacturing was far less automated than it is today, the costs of materials, labor, and overhead were just about evenl
24 KB (3,688 words) - 15:59, 24 February 2023
...ncies in financial regulation revealed by the financial crisis of 2007–08. It is intended to strengthen bank capital requirements by increasing bank liqu
...e the banking system’s ability to deal with financial stress, improve risk management, and promote transparency. On a more granular level, Basel III seeks to str
11 KB (1,679 words) - 20:16, 14 March 2023
...s to an organization's ability to keep its employees and prevent turnover. It involves creating a working environment and organizational culture that sup
...mployees helps preserve organizational knowledge and ensures continuity of operations.
6 KB (772 words) - 10:14, 4 April 2024
...ate, distribute, and capture value within a particular industry or market. It encompasses the entire value chain, from raw material suppliers to end cons
...at are undertaken to create and deliver a product or service to customers. It consists of both primary and support activities that are designed to add va
15 KB (2,027 words) - 20:14, 21 March 2023
...ion. This structure can be hierarchical, with a clear chain of command, or it can be more decentralized, with decision-making shared among different leve
...s goals, values, and culture, as well as the external environment in which it operates.
14 KB (1,821 words) - 13:21, 17 March 2024
...en users and an organization's backend business applications or databases. It is also referred to as an '''app server'''. An application server is typica
...d balancing, user management, data/application security, and a centralized management interface. Moreover, an application server may be connected by enterprise s
14 KB (2,037 words) - 20:44, 18 April 2023
...often provide support for generating and maintaining documentation, making it easier for developers to document their work and for others to understand a
...entralized and consistent view of the software development process, making it easier for developers to share information and work together on projects.
5 KB (642 words) - 13:58, 1 September 2023
...e property and loss of its contents. Depending on the terms of the policy, it may also cover other forms of personal assets.
*Business Operations: Helps businesses mitigate the risks associated with property ownership.
4 KB (534 words) - 13:24, 31 August 2023
...itiative brings to its stakeholders. This can include financial gains, but it also encompasses other forms of value such as customer satisfaction, employ
...ormance Evaluation: Assessing the effectiveness and efficiency of business operations, projects, and strategies in creating value.
7 KB (1,029 words) - 18:55, 1 March 2024
...iscovering, and integrating web services in a platform-independent manner. It provides a framework for businesses to register and locate web service appl
...rectory where businesses can publish information about their web services. It serves as a repository for service descriptions and metadata, enabling busi
6 KB (902 words) - 01:22, 8 April 2023
...e: It checks the loaded Java bytecode for security and integrity to ensure it doesn't violate Java's security constraints.
*Executes Code: The JVM interprets the bytecode or compiles it on the fly to native machine code using a Just-In-Time (JIT) compiler.
7 KB (1,094 words) - 10:51, 16 March 2024
== What is Enterprise Relationship Management? ==
...iers, resellers, and partners. It is an extension of customer relationship management (CRM) that encompasses data from all departments, such as manufacturing and
20 KB (2,713 words) - 17:25, 31 January 2023
...s://www.gartner.com/en/information-technology/glossary/customer-experience-management-cem Gartner]</ref>
...Experience Management (CEM)? [https://www.medallia.com/customer-experience-management/ Medallia]</ref> ==
14 KB (1,948 words) - 16:11, 27 March 2024
...s process is crucial for understanding the underlying dynamics of business operations, market movements, customer behavior, and other critical aspects that influ
*Risk Management: Identifying recurring risk factors across business activities helps in dev
8 KB (992 words) - 21:13, 27 March 2024
...complex event processing, and neural networks.<ref>[http://www.gartner.com/it-glossary/advanced-analytics/ Defining Advanced Analytics]</ref>
...timely manner, identify the root causes of success or failure in business operations, and control as much future uncertainty as possible. These demands can’t
18 KB (2,672 words) - 20:24, 1 December 2022
...s become increasingly possible to make sense of unstructured data and turn it into actionable insights.
...anced technologies and analytics tools to make sense of this data and turn it into actionable insights.
5 KB (691 words) - 01:38, 26 April 2023
...s defined in RFC 1939. POP3 is designed to be simple and efficient, making it a widely adopted protocol for email retrieval.
*Local Storage Management: Users have control over their email storage and can back up their emails l
7 KB (1,017 words) - 22:46, 10 March 2024
...ch and at which stage value is added to its goods and/or services, and how it can be increased to enhance the product differentiation (competitive advant
...ent, technology, and procurement. The overall goal of value chain analysis it to identify areas and activities that will benefit from change in order to
28 KB (4,240 words) - 22:14, 14 December 2022
...n vary depending on the type of environment in which the company operates. It is especially important for small business owners to carefully consider and
...usinesses from risks that might affect their success and financial health. It's essential for managing risks and safeguarding the assets, both tangible a
9 KB (1,315 words) - 20:04, 29 March 2024
It is important to understand that for-profit business can and indeed do incur
...assets of a firm; careful consideration should thus be given when choosing it. Businesses operating under fictitious names must be registered with the st
16 KB (2,406 words) - 21:57, 29 March 2024
...integration errors quickly, improve software quality, and reduce the time it takes to validate and release new software updates.
...oved Collaboration: Facilitating better collaboration between development, operations, and quality assurance teams by breaking down silos and encouraging shared
8 KB (1,139 words) - 00:10, 28 March 2024
...s processes within the context of business-to-business (B2B) transactions. It is part of the ebXML (Electronic Business using eXtensible Markup Language)
...ration: BPSS plays a crucial role in streamlining B2B interactions, making it easier for businesses to integrate their processes with those of their part
6 KB (780 words) - 13:56, 25 April 2024
...financial mathematics," "mathematical finance," or "quantitative finance." It uses the tools of mathematics, statistics, and computing to solve problems
...lated instruments in order to be able to pay off on what they have sold if it becomes necessary. The buy side, on the other hand, is investing money by b
4 KB (636 words) - 20:05, 31 August 2023
*Ownership and Management: WAN infrastructure can be owned by private companies, internet service pro
...on and resource sharing across large distances, supporting global business operations.
7 KB (952 words) - 10:08, 4 April 2024
...rned value performance management (EVPM) is a [[Project Management|project management]] technique for measuring project performance and progress in an objective
...lly to show both early date and late date curves<ref>Defining Earned Value Management (EVM) [https://en.wikipedia.org/wiki/Earned_value_management Wikipedia]</re
18 KB (2,821 words) - 17:45, 29 November 2022
...cribing manufacturing planning and scheduling.<ref>[http://www.gartner.com/it-glossary/aps-advanced-planning-and-scheduling Definition of Advanced Planni
...d costs while maximizing efficiency by determining the optimum sequence of operations in order to reduce set-up times and changeovers.<ref>[https://www.siemens.c
13 KB (1,831 words) - 15:11, 20 July 2023
...ds, preferences, and expectations at the core of its business strategy and operations. This approach places the customer at the center of decision-making process
...strong, loyal customer base and achieving long-term business success make it a compelling approach for businesses in any industry.
7 KB (916 words) - 17:08, 27 March 2024
...zational structure, a confident direction, and the enablement of effective IT processes to promote an enterprise’s strategies. The objective of EA Gove
...hitecture have to be recognized: how it contributes to governance, and how it is governed in itself.
10 KB (1,358 words) - 10:50, 16 July 2023
== What is Bimodal IT? ==
...ojects. <ref>What is Bimodal IT? [https://www.mendix.com/what-does-bimodal-it-mean/ Mendix]</ref>
28 KB (4,176 words) - 12:19, 20 February 2024
...ions about when to continue work on a project and when delays might occur. It also helps them identify which tasks may not cause major delays if they are
...sed widely in plant maintenance projects as well as other types of project management. By identifying activities that have a greater impact on completing a proje
10 KB (1,517 words) - 20:19, 7 December 2022
*It is a process, not a point-in-time event
*It is iterative - success comes after multiple - do and learn – cycles
18 KB (2,551 words) - 16:23, 10 August 2023
...ion of various architectures within an organization, project, or industry. It provides a set of best practices, patterns, guidelines, and standards that
*Enterprise IT: Guides the development of enterprise IT systems, ensuring they align with business goals and industry standards.
6 KB (802 words) - 22:13, 7 April 2024
...of five process maturity levels based on certain Key Process Areas (KPA). It describes the maturity of the company based upon the project the company is
...al''' - Company has no standard process for software development. Nor does it have a project-tracking system that enables developers to predict costs or
18 KB (2,622 words) - 23:56, 16 August 2023
...ed information in the implementation of web services in computer networks. It relies on XML as its message format and uses other application layer protoc
...in which computers could use the internet to communicate with each other. It was initially designed as an object-access protocol and was developed as a
24 KB (3,602 words) - 21:07, 15 August 2023
...apidly and efficiently in response to changes in the external environment. It involves a company's capability to quickly change or adapt in response to c
...ponse to evolving customer needs, competitive forces, and market dynamics. It serves as a strategic lever for businesses to thrive in a volatile, uncerta
6 KB (848 words) - 13:43, 25 July 2023
...<ref>Defining Education as Learning[https://thebusinessprofessor.com/en_US/management-leadership-organizational-behavior/execution-as-learning-model-explained]</
...ion as Learning perspective[https://www.vistage.com/research-center/talent-management/execution-learning/]</ref> ==
13 KB (1,897 words) - 15:01, 20 September 2022
...odity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing costs at every level to remain competitive
...production methods, leveraging economies of scale, optimizing supply chain management, and negotiating favorable terms with suppliers.
6 KB (806 words) - 14:14, 5 September 2023
== Definition of Information Security Management System (ISMS) ==
...secure.<ref>[http://www.iso.org/iso/iso27001 Defining Information Security Management System (ISMS)?]</ref>
17 KB (2,476 words) - 15:19, 9 May 2024
...t Engineering Task Force (IETF)''' is the leading Internet standards body. It develops open standards through open processes with one goal in mind: to ma
...harter that describes its focus; what it is expected to produce, and when. It is open to all who want to participate and holds discussions on an open mai
4 KB (615 words) - 19:03, 17 January 2023
...T.<ref>What is Application [[Portfolio Analysis]]? [http://www.gartner.com/it-glossary/application-portfolio-analysis Gartner]</ref>
...d. In addition, onw must also manage the IT [[asset]] life cycle and align IT spending with business needs. (See figure below on how to interpret results
8 KB (1,028 words) - 16:42, 19 December 2022
...ressive planning and execution of the work.<ref>What is Enterprise [[Asset Management]] (EAM) [https://en.wikipedia.org/wiki/Enterprise_asset_management Wikipedi
...ftware usually follows ISO 55001:2014, an international standard for asset management systems.
26 KB (3,624 words) - 16:13, 19 December 2022
...ture Driven Modernization''' is the name of the initiative of the [[Object Management Group (OMG)]] related to building and promoting standards that can be appli
...of new options for executives considering the best way to revitalize their IT architectures.
11 KB (1,397 words) - 10:34, 16 March 2024
...prise services that stores the definitions and metadata of these services. It provides an integrated modeling environment for defining enterprise service
...ssociated with each service. The Enterprise Services Repository also makes it possible for developers to access these resources from anywhere since they
28 KB (4,102 words) - 13:34, 21 March 2023
...ef>What is Management by Exception (MBE)? [http://study.com/academy/lesson/management-by-exception-definition-principle-examples.html study.com]</ref>
...ption'''<ref>Process of Management By Exception [https://www.cleverism.com/management-exception-guide/ Cleverism]</ref><br />
14 KB (2,122 words) - 16:56, 6 February 2021
...mong the elements dictate and specify what the organization does, and what it needs to do to meet its common goals.<ref>[http://www.stagrp.com/architectu
...enterprise architecture]], process architecture, information architecture, IT architecture, system offering architecture, service offering architecture
18 KB (2,417 words) - 20:30, 4 March 2024
...rmation Technology - identify, select, build, deploy, monitor, and fix the IT asset.
...is the Main job of the CIO? [https://www.thebalancecareers.com/business-or-it-what-s-the-main-job-of-a-cio-2071252 The Balance Careers] </ref>
18 KB (2,782 words) - 15:19, 28 August 2023
...ystem that supports business or organizational decision-making activities. It combines data, sophisticated analytical models, and user-friendly software
*Data Management Component: This component handles the collection, storage, and retrieval of
7 KB (971 words) - 18:57, 26 March 2024
...Standardization (ISO), which develops a range of standards for enterprise operations, and the International Telecommunication Union (ITU), which deals with tele
...ondon, the commission moved to its current headquarters in Geneva in 1948. It has regional centers in Asia-Pacific (Singapore), Latin America (São Paulo
10 KB (1,493 words) - 16:47, 18 January 2023
...the role and title of the "top executive responsible for a firm's overall operations and performance. He or she is the firm's leader, serves as the main link be
...siness strategy then drives the company's information technology strategy (IT Strategy).
11 KB (1,797 words) - 20:59, 17 April 2023
...actors will have substantial consequences to the rest of the organization. It is also true that any other change will require these factors’ input and
...the organization. The authors argue these factors are strongly affected by management, rather than leadership. Change in these factors is only likely to lead to
9 KB (1,444 words) - 18:12, 29 October 2021
== What are Application Management Services (AMS)? ==
...lows companies to free up their internal resources and focus on their core operations. By having an AMS provider, businesses can ensure that their applications a
29 KB (4,140 words) - 14:13, 20 March 2023
*Understanding Complexity: It helps comprehend how different parts of a system interact and affect the wh
*Organizational Management: Analyzing companies and organizations as systems to understand how various
5 KB (671 words) - 21:29, 8 May 2024
...ems or shared facilities. ESE also takes into account complexity theory as it applies to complex systems such as those observed in nature or human langua
Computer and communications technologies make it easier to integrate activities across the enterprise, but this does not nec
15 KB (2,069 words) - 13:14, 21 March 2023
== Definition of Configuration Management Database (CMDB) ==
...? [https://www.manageengine.com/products/asset-explorer/cmdb-configuration-management-database.html Manage Engine]</ref>
26 KB (3,926 words) - 22:56, 7 December 2022
...is Shadow IT<ref>[https://en.wikipedia.org/wiki/Shadow_IT Defining Shadow IT -Wikipedia]</ref> ==
..., reliability, etc., although these issues can apply equally to authorized IT solutions.
17 KB (2,614 words) - 22:23, 7 December 2022
...ion Regulation covers all companies that deal with data of EU citizens, so it is a critical regulation for corporate compliance officers at banks, insure
...t management processes in place, whilst CMOs require effective data rights management systems to ensure they don’t lose their most valuable asset – data.<ref
13 KB (1,955 words) - 15:45, 4 January 2023
...rategy developed by a high technology business might entail the use of new management or production procedures and the invention of technology not previously use
...olution. Only after a company produces a winning product or service should it consider what activities are needed to deliver that product or service.<ref
10 KB (1,400 words) - 21:09, 20 January 2023
.... In most cases, e-business refers exclusively to Internet businesses, but it may also refer to any business that uses Internet technology to improve pro
...collaboration tools, mobile and wireless technology, Customer Relationship Management and social media to name a few.<ref>What is E-Business? [https://www.nb2bc.
6 KB (827 words) - 16:00, 13 January 2023
...rocess Integration (BPI)''' is the synchronization of a company’s internal operations with those of its other divisions and its trading partners by connecting di
...rvice|customer service]], and [[Supply Chain Management (SCM)|supply chain management]], etc. Integration among administrative, operational, and support processe
10 KB (1,463 words) - 21:05, 5 January 2023
...part of great IT strategies: They specify how we are going to win and how IT is helping along the way.<ref>Understanding Business Capability [http://blo
...an invoice is not a capability. Capital Management is a capability because it describes what is being done.
19 KB (2,886 words) - 19:39, 18 March 2024
...rmation, enabling managers to evaluate the efficiency and effectiveness of operations, identify non-value-added activities, and facilitate strategic decision-mak
TBABC is important because it offers a more accurate reflection of the costs associated with activities b
6 KB (895 words) - 16:15, 6 April 2023
== What is Enterprise Performance Management? ==
...enterprise's performance, with the goal of improving business performance. It involves budgeting, planning, forecasting; modeling the value creation of a
18 KB (2,592 words) - 18:59, 31 January 2023
...gement]] (EIM) [https://www.gartner.com/it-glossary/enterprise-information-management-eim Gartner]</ref>
...he perspective of the whole enterprise.<ref>What is Enterprise Information Management (EIM)? [https://en.wikipedia.org/wiki/Enterprise_information_management Wik
21 KB (2,818 words) - 19:57, 15 June 2022
...more [[Capital|capital]] a company retains on each dollar of sales, which it can then use to pay other costs or satisfy debt obligations. The net sales
...ofit margin considers all expenses related to the production of a product (it’s also known as “the bottom line”).<ref>Explaining Gross Margin [http
8 KB (1,237 words) - 23:36, 26 March 2024
...n by the processor. Software is a recent development in human history, and it is fundamental to the Information Age.
...demonstrations. Kathleen Booth developed Assembly Language in 1950 to make it easier to program the computers she worked on at Birkbeck College.
13 KB (1,961 words) - 19:40, 18 March 2024
...o solve existing business problems and improvise organizational practices. It involves switching from analog to digital processes, implementing new softw
...ccelerate end-to-end results while still maintaining control over existing operations or development efforts. This allows them to release new digital functionali
17 KB (2,395 words) - 13:50, 3 July 2023
...]] that a company incurs to generate revenue. As the popular saying goes, “it costs money to make money.” Common expenses include payments to suppliers
...e cost of acquiring raw materials and turning them into finished products. It does not include selling and administrative costs incurred by the whole com
5 KB (774 words) - 19:32, 21 December 2022
...established network with a detailed view of all the resources accessible. It includes hardware components used for communication, cabling and device typ
...with companies. Consumerization and increased use of technology have made it crucial that companies provide platforms that are user-friendly and, for th
17 KB (2,551 words) - 17:36, 7 March 2024
...lanning are the disaster recovery strategy and the detailed recovery plan. It is here that you will codify the concrete steps to take to get up and runni
...hese plans that you will set out the detailed steps needed to recover your IT systems to a state in which they can support the business after a disaster.
16 KB (2,310 words) - 20:39, 12 April 2023
...sactions between businesses over the Internet or through private networks. It acts as a secure and efficient intermediary that enables companies to commu
...rchitecture. Other capabilities of the B2B Gateway include trading partner management and security control. B2B Gateways help to bridge the collaboration gap acr
10 KB (1,333 words) - 23:44, 27 March 2024
...e and software infrastructure designed to process, store, and manage data. It consists of interconnected components that work together to perform various
...ing instructions and performing arithmetic, logic, and control operations. It is often referred to as the "brain" of the computing system.
6 KB (891 words) - 17:21, 12 April 2023
...ts.<ref>[https://www.igi-global.com/dictionary/it-capability/15834 What is IT Capability]</ref>
...Technology (IT) Capability is an organization’s ability, by virtue of its IT assets and know-how, to create Business Value.
17 KB (2,510 words) - 16:00, 11 August 2023
...gistration bodies that issue certificates attesting that an organization's management, products, or personnel comply with a specified standard (called conformity
...ficate recognized elsewhere in the world. The objective of the MLA is that it will cover all accreditation bodies in all countries in the world, thus eli
7 KB (1,024 words) - 17:04, 18 January 2023
...aders, development, [[IT Operations (Information Technology Operations)|IT operations]], law, [[Marketing|marketing]], finance, support, [[Compliance|compliance]
...ness and tech leaders, compliance, development, finance, legal, marketing, operations, sales, security, support—use Lean and Agile practices to continually and
28 KB (3,985 words) - 23:49, 27 March 2024
...re is a logical step to performing a task, a bot will be able to replicate it.” –Vishnu KC, senior software analyst lead at ClaySys Technologies.
...er, then perform those same tasks without human intervention. Essentially, it is a virtual robot copycat.” –Marcel Shaw, federal systems engineer at
14 KB (2,200 words) - 07:42, 26 April 2023
*Global Reporting and Performance Management: Providing efficient reporting and performance measurement across industrie
*Data Management: Efficient solutions for data integration, storage, retrieval, and sharing
9 KB (1,282 words) - 18:39, 7 March 2024
...plications, social network services, and electronic business applications. It typically involves web design, web content development, client-side/server-
...eating the interface and experience that users interact with in a browser. It uses technologies such as HTML (HyperText Markup Language), CSS (Cascading
6 KB (854 words) - 11:08, 26 April 2024
...aims to provide insight into each process by gathering data and then using it to make relevant decisions about how to improve these processes.<ref>[https
This is done by applying statistical methods to integrated HR, talent management, financial, and operational data.”''<ref>[https://www.spiceworks.com/hr/h
19 KB (2,855 words) - 16:49, 2 December 2022
...offered as a database. HRIS is geared toward enhancing the capacity of HR management to:
...ion requests, and the data is directly fed to the payroll. Time and labour management also improves the HR department’s ability to track punctuality and attend
12 KB (1,736 words) - 02:31, 12 December 2022
...As an integrated approach, GRC is a relatively new management discipline. It can mean different things to different businesses, but integrating GRC proc
Governance, Risk Management, and Compliance, also known as GRC, is an umbrella term for the way organiz
29 KB (4,186 words) - 10:45, 1 July 2023
...ce created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits, features
...product needs to be functionally able to do what it is supposed to and do it with good quality.
13 KB (2,043 words) - 19:39, 18 March 2024
...ructure, functionality, and implications of an Answer Marketplace, and how it integrates within broader digital and knowledge economies, exploring the fo
*[[Knowledge Management]] explores the processes of creating, sharing, using, and managing an organ
8 KB (1,021 words) - 16:57, 21 March 2024
...te cumulonimbus cloud, accepting connections and doling out information as it floats. <ref>[http://www.pcmag.com/article2/0,2817,2372163,00.asp What is C
...s, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.<ref>[http://www.ca.com/us/~/media/f
9 KB (1,230 words) - 19:02, 25 August 2023
...o gain access to promising new technologies, to achieve synergies in their operations, to tap well-developed distribution channels, to obtain control of underval
...s it wants to purchase, avoiding unwanted assets and liabilities for which it does not want to assume responsibility. The asset purchase agreement betwee
13 KB (1,988 words) - 12:30, 17 January 2023
...O 15489-1: 2016 standard defines '''Records Management''' as “the field of management responsible for the efficient and systematic control of the creation, recei
...e the definition of a record is often identified strongly with a document, it includes any tangible object or digital information, which has value to the
25 KB (3,706 words) - 15:41, 4 January 2023
...tions with enterprise mobility is security. As the corporate data travels, it's often vulnerable to data breaches or unauthorized access. Companies use a
Enterprise mobility enables new dimensions of IT alignment. In order to develop an integrated mobility strategy, a few aspec
20 KB (3,026 words) - 19:00, 3 May 2022
...trategic Business Unit|SBU’s (Strategic Business Units)]]. In other words, it is a comparative analysis of business potential and the [[evaluation]] of e
...r maintains a high market share, it eventually becomes a Cash Cow. If not, it becomes a Dog.
9 KB (1,365 words) - 13:45, 4 August 2022
...ution-management-systems-adms Definition - What does Advanced Distribution Management Systems (ADMS) mean?]</ref> ==
...reactive optimization; conservation through voltage reduction; peak demand management; and support for microgrids and electric vehicles.
12 KB (1,685 words) - 21:31, 17 January 2023
...ayols-14-principles-of-management.html Definition - What is the meaning of Management]</ref>
== Other Definitions of Management ==
28 KB (4,207 words) - 13:23, 17 March 2024
...enhance the efficiency, productivity, and competitiveness of manufacturing operations. This approach often includes automation, digitalization, and the integrati
...s layer-by-layer using materials such as polymers, metals, and composites. It allows for complex designs and rapid prototyping.
6 KB (704 words) - 15:31, 24 April 2024
...later in the IT organization. The main purpose of this concept is to help IT organizations think and act strategically.<ref>Defining ITIL Service Strate
...on Technology Infrastructure Library)|ITIL]] where [[Business IT Alignment|IT and business align their visions]].<ref>What is ITIL Service Strategy? [htt
17 KB (2,539 words) - 15:42, 16 January 2023
...cturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory
...nting and human resources, setting the stage for ERP as we've come to know it. Today, ERP has expanded to encompass business intelligence (BI) while also
18 KB (2,701 words) - 18:24, 8 February 2023
...t data is accurate and consistent across different systems. They also make it easier to understand how data flows through a system.
...ication between stakeholders about the database design process, and making it easier for developers to create applications based on established data mode
14 KB (2,133 words) - 23:24, 1 December 2022
== Definition of Configuration Lifecycle Management (CLM) ==
...g/wiki/Configuration_lifecycle_management Defining Configuration Lifecycle Management (CLM)]</ref>
15 KB (2,193 words) - 20:19, 10 April 2023
...nd activity of the BI portfolio, and monitoring all of the elements of the management system for [[Business_Intelligence|BI]]. By this we mean:
**That the processes used for project management are the right ones.
10 KB (1,498 words) - 15:18, 14 December 2022
...ces, software development or QA testing. Companies may choose to outsource IT services onshore (within their own country), nearshore (to a neighboring co
...of domestic jobs, particularly in the manufacturing sector. Supporters say it creates an incentive for businesses and companies to allocate resources whe
18 KB (2,601 words) - 14:59, 14 March 2024
...ollars worth of orders year to date, you wouldn’t necessarily know whether it’s a cause of panic or celebration. Just like raw material, data needs to
...tive analysis tools of today’s better business intelligence solutions make it easier to ask data an increasing number of questions and get meaningful ans
18 KB (2,639 words) - 20:03, 29 March 2024
Booz Allen & Hamilton, a firm of management consultants and an acknowledged expert in the field, defines a strategic al
...engths and weaknesses, creating strategies for accommodating all partners’ management styles.
25 KB (3,705 words) - 14:10, 13 March 2024
...ommunication if it is organized efficiently. Above all, the aspect of time management plays a decisive role.
...term processing (e.g. restructuring) are also an occasion for a jour fixe. It is important to keep the participants of the meeting up to date. Last but n
9 KB (1,500 words) - 22:21, 10 March 2024
...s to change. The term "Agile" represents a contrast to traditional project management paradigms like the Waterfall model, which emphasizes a linear, sequential a
...escribes 4 important values that are as relevant today as they were then. It says, “We value:
10 KB (1,397 words) - 11:11, 4 May 2024
*Bandwidth Management: Allocating bandwidth more efficiently by blocking or limiting certain type
...(reducing) the signals with frequencies higher than the cutoff frequency. It's commonly used in audio processing and communication systems to eliminate
6 KB (917 words) - 22:13, 6 March 2024
== What is IT Enabled Innovation? ==
.../growth-lean-manufacturing-enabling-technology-enabled-innovation/ What is IT Enabled Innovation? -BCG.Perspectives]</ref>
9 KB (1,271 words) - 18:27, 30 August 2023
...its underlying technologies, benefits, implementation strategies, and how it integrates with broader data warehousing and business intelligence systems.
...formation, providing historical, current, and predictive views of business operations.
6 KB (878 words) - 13:20, 10 March 2024
...ion, and to improve the overall efficiency and effectiveness of government operations.
...ons so as to cause simple, moral, accountable, and transparent governance. It entails the access and delivery of government services, dissemination of in
33 KB (4,919 words) - 17:30, 20 February 2023
...he logging feature, besides helping to identify potential intruders, makes it possible to identify and analyze changes and trends in the use of the syste
...] security calls, enabling the mainframe to secure all facets of mainframe operations. SKK and ACF2 were sold to UCCEL Corporation in 1986, which in turn was pur
6 KB (860 words) - 15:53, 17 February 2021
...ct Development|product development cycles]] and [[marketing]] life cycles. It may be used to amalgamate existing applications. Other outcomes include hig
...e applications that typically cross organizational borders such as content management systems.<ref>Defining Enterprise Information System (EIS) [https://www.link
15 KB (2,043 words) - 13:45, 22 December 2022
...of an organization’s application solutions against business requirements. It involves the definition of the application landscape, aiming to optimize th
...e between the different kinds of tasks performed by the components, making it easier to create a design that supports the reusability of components. Each
29 KB (4,282 words) - 17:38, 7 March 2024
...wn a complex problem into smaller, manageable components (objects), making it easier to solve.
*Scalability: Object-oriented models are scalable, making it easier to manage larger software projects.
6 KB (841 words) - 23:57, 3 May 2024
...identified by KRIs. Control verification is a key component of a KCI, and it usually includes auditing, quality assurance and improvement programs. Typi
...ces. KCIs play an important role is managing the execution of strategy and management of risk as they enable the effectiveness of controls to be monitored and pr
10 KB (1,491 words) - 19:58, 7 December 2022
...an organization’s portfolio of computer-based applications that will help it achieve its business objectives.” (Newkirk & Lederer, 2007, p. 34).
...te its strategic business strategy, maximize its performance, and leverage IT investments for [[Competitive Advantage|competitive advantage]] (Johnson &
11 KB (1,684 words) - 16:04, 16 January 2023
...]], fundamentally changing how you operate and deliver value to customers. It's also a cultural change that requires organizations to continually challen
...experimenting with — and benefiting from — digital transformation. Whether it is in the way individuals work and collaborate, the way business processes
29 KB (4,077 words) - 19:00, 25 August 2023
...within an [[organization]]. It identifies each job, its function and where it reports to within the organization. This structure is developed to establis
...ment heads to collaborate with employees from other departments as needed. It is similar to a matrix structure; although, the focus is less on employee f
23 KB (3,341 words) - 13:49, 19 July 2023
#Identification of Impacts: It identifies not only the direct effects of technology on specific sectors bu
#[[Risk Management]]: By foreseeing potential negative consequences, TA helps develop strategi
6 KB (768 words) - 14:08, 20 February 2024
...a way that makes them meaningful and applicable at the architecture level. It is common to define a set of principles for each of the architecture domain
...ptions and rules of conduct for the IT organization to create and maintain IT capability.
10 KB (1,344 words) - 20:47, 2 December 2022
*Encryption: The process of encoding a message so that it can only be read by the sender and the intended recipient.
...the particular transformation of plaintext into ciphertext; in decryption, it specifies the transformation of ciphertext back to plaintext.
6 KB (813 words) - 15:14, 9 May 2024
...ucture devices, equipment, and technologies – that comprise a data center. It is modeled and identified in a design plan that includes a complete listing
*Data center management software/applications
9 KB (1,304 words) - 15:16, 20 July 2023
...(IT Controls)<ref>Definition - What Does Information Technology Controls (IT Controls) Mean? [https://chapters.theiia.org/montreal/ChapterDocuments/GTAG
'''Information Technology Controls or IT Controls''' are essential to protect assets, customers, partners, and sensi
31 KB (4,540 words) - 23:01, 21 December 2022
...siness Intelligence setup that can help companies gain insights into their operations faster than before possible with Enterprise Data Replication technology.
...t version of data is available at all times, regardless of which direction it is flowing in.
20 KB (3,004 words) - 19:09, 3 February 2023
*A Vision: Six Sigma Methodology helps the Senior Management create a vision to provide defect free, positive environment to the organiz
...gma project to improve its cycle time from 45 minutes to 30 minutes. Thus, it is a benchmark.
21 KB (3,311 words) - 17:12, 2 January 2023
...nd-how-can-it-improve-the-workplace/ What is Complexity Theory and How Can it Improve the Workplace?]</ref>
...been applied to various fields such as Complex Leadership Theory, Complex Management Theory, and Agile principles. Complexity theory also helps us better unders
9 KB (1,404 words) - 22:12, 1 December 2022
...With automated storage tiering when data reaches certain thresholds of use it is moved to the most suitable disk type or RAID level. This ensures that al
...rder to ensure that all space, performance, and cost requirements are met. It automatically manages storage by relocating data to the appropriate storage
7 KB (1,029 words) - 01:51, 9 December 2022
...unauthorized access, cyber attacks, data breaches, and also involves risk management, compliance with legal and regulatory standards, and contingency planning f
...d Disaster Recovery: Planning for data backup, recovery, and continuity of operations in the event of a disruption or disaster.
9 KB (1,173 words) - 15:18, 9 May 2024
...alitative fashion. Risk assessment is an inherent part of a broader risk [[management]] [[strategy]] to "introduce [[control]] measures to eliminate or reduce" a
...portant as they form an integral part of an occupational health and safety management plan. They help to:
12 KB (1,791 words) - 15:46, 19 December 2022
...changes industries and helps organizations stay relevant and competitive. It allows organizations to improve operational efficiency, and customer engage
Innovation plays a critical role in customer engagement, as it helps to create superior experiences that meet the expectations of modern a
33 KB (4,898 words) - 13:49, 3 July 2023
...by adding expensive and robust servers. Some cloud providers handle these operations behind-the-scenes as a fully managed service.
...base use sharding for horizontal scaling. Partitioning of data and placing it on multiple machines in such a way that the order of the data is preserved
10 KB (1,521 words) - 20:15, 3 December 2021
== Definition of Configuration Management (CM) ==
...on Management (CM) [https://study.com/academy/lesson/what-is-configuration-management-definition-process-tools.html Study.com]</ref>
18 KB (2,583 words) - 13:18, 31 August 2023
...k infrastructure comprises hardware and software, systems and devices, and it enables computing and communication between users, services, applications,
...t. Without it, businesses would not be able to effectively carry out their operations; hence its importance cannot be underestimated. Proper planning and design
39 KB (5,811 words) - 14:58, 2 December 2022
...rall direction of the company. Middle managers are in charge of day-to-day operations, and first-line managers oversee employees who carry out specific tasks.
...s to assign tasks to employees, as well as supervise their work and ensure it is completed on time. A middle-level manager communicates needs to managers
15 KB (2,377 words) - 17:27, 15 November 2022
...ll components of a computer or other electronic system onto a single chip. It may include a central processing unit (CPU), memory (RAM and ROM), input/ou
...nents in a small area can lead to heat generation issues that need careful management.
8 KB (1,058 words) - 12:13, 8 March 2024
...als are represented through ANSI's headquarters in Washington, DC, and its operations office in New York City.<ref>[https://www.iso.org/member/2188.html Explaini
...ers with powerful search tools and collaboration, notification, and change-management functionality.
6 KB (861 words) - 16:40, 18 January 2023
...trol of associations between two or more communication parties (programs). It checks the identities and contexts of the application entities and can appl
*Delimiting the atomic action: This ensures that the operations performed by the application are either all performed (leaving the database
24 KB (3,598 words) - 17:14, 23 February 2023
...importantly, isn't - allowed to pass through those ports. You can think of it like a security guard standing at the door, checking the ID of everything t
...essments to detect invasive or suspicious activity, like malware, and shut it down.
15 KB (2,313 words) - 18:13, 14 April 2023
== What is IT Sourcing? ==
...omputer hardware and software to networking equipment, cloud services, and IT consulting services.
39 KB (5,638 words) - 23:13, 13 September 2023
...tine attached to a specific class defined in the source code of a program. It is similar to a function, but can only be called by an object created from
...term – coming from Greece “méthodos” (way/procedure). In the context of IT Management, 'methods' are usually comprehensive approaches, structuring the whole proc
9 KB (1,411 words) - 13:28, 4 January 2023
...ent-edm-definition-importance-and-best-practices/ Defining Enterprise Data Management (EDM)]</ref> ==
'''Enterprise Data Management (EDM)''' is an enterprise’s ability to identify, integrate, restore, and
20 KB (2,985 words) - 18:13, 2 February 2023
...s.<ref>[http://bpm.com/what-is-bpm Official Definition of Business Process Management]</ref>
...to both internal and external customers. Change Management and Performance Management are key aspects of BPM.
21 KB (3,080 words) - 16:10, 14 March 2024
...as an independently tracked risk or issue observable in the architecture. It is typically captured by an Enterprise Architect. This entity may contain l
...ty, and/or availability of the organization’s assets may be impacted. Risk management and risk transfer instruments deal with unmitigated vulnerabilities. One of
9 KB (1,248 words) - 22:24, 2 December 2022
...ted [[process]] or set of procedures to recover and protect a [[business]] IT infrastructure in the event of a disaster.<ref>Definition of Disaster Recov
...h business functions are the most critical and the requirements to get the IT components of those functions operational again after a disaster, either on
25 KB (3,965 words) - 17:12, 11 November 2022
For longtime [[Information Technology (IT)|IT]] [[Cyber Security|cybersecurity]] expert Greg Scott, access controls typic
...ng or granting access to specific files and [[Database (DB)|databases]] to IT systems and physical locations.
18 KB (2,682 words) - 18:34, 30 August 2023
...ms without requiring human resources. [[Machine Learning]] algorithms make it possible for cognitive systems to constantly [[Data Mining|mine data]] for
*It is focused on the application of artificial intelligence to detect advanced
9 KB (1,245 words) - 14:13, 22 December 2022
...se can be implemented in several different ways. You can use a single data management system for both transaction processing and business analytics. Or, dependin
...to support multiple decision support environments. In larger corporations, it was typical for multiple decision support environments to operate independe
28 KB (4,057 words) - 23:06, 22 March 2024
...flexible automation. Industry 4.0 converges [[Information Technology (IT)|IT (Information Technology)]] and [[Operational Technology (OT)|OT (Operationa
...n as the period where electricity and new manufacturing ‘inventions’ which it enabled, such as the assembly line, led to the area of mass production and
25 KB (3,573 words) - 17:25, 7 March 2024
...required by all or some part of an enterprise. A special form of IS is a management information system (MIS), which provides information for managing an enterp
...er organizations rely on information systems to carry out and manage their operations, interact with their customers and suppliers, and compete in the marketplac
27 KB (3,977 words) - 15:00, 20 July 2023
...of information that has not only transformed the [[Information Technology (IT)|information technology]] sector itself into a highly dynamic and expanding
...are, [[Application|application software]], signal technology, base station management etc.
17 KB (2,415 words) - 10:48, 3 September 2023
== What is IT Chargeback? ==
...ume them. <ref>Defining IT Chargeback [https://journal.uptimeinstitute.com/it-chargeback-drives-efficiency/ Uptime Institute]</ref>
37 KB (5,472 words) - 14:04, 1 July 2023
= IT Maturity Model: How to Make an Assessment and What are the Indicators =
== What is an IT maturity model? ==
87 KB (12,780 words) - 13:27, 31 August 2023
*Client-Side Processing: Performing computations and operations on the client side, reducing server load and network traffic.
*[[Software Development Life Cycle (SDLC)]] Management: Covers the processes involved in the planning, development, testing, deplo
7 KB (966 words) - 10:41, 16 March 2024
...utomate and streamline the procurement process, from sourcing and supplier management to purchase order creation, invoice processing, and payment.
*Catalog management: Enables companies to create and manage an online catalog of goods and serv
16 KB (2,260 words) - 23:22, 13 September 2023
== Definition of Risk Management ==
...rquette.edu/riskunit/riskmanagement/whatis.shtml Definition - What is Risk Management? -marquette.edu]</ref>
44 KB (6,853 words) - 15:57, 15 March 2024
== Definition: What is Information Technology (IT) Cost Optimization ==
...he cost of information technology while improving the returns generated by it.
11 KB (1,571 words) - 18:51, 30 August 2023
...ution delivery. Using DAD streamlines in the IT work is quite good because it allows for great scaling. DAD has been adapted to other strategies such as
...phase is to check that the solution is ready to be deployed and implement it. The ongoing goals should be focused on growing the team, completing the pr
25 KB (3,862 words) - 22:16, 7 March 2024
== Definition of Customer Data Management (CDM) ==
...anagement (CDM) [https://www.techopedia.com/definition/28021/customer-data-management-cdm Techopedia]</ref>
20 KB (2,832 words) - 14:01, 27 March 2024
...y and shorter turnaround times when changing the business and adapting the IT systems. Business-driven development goes further than the simple developme
...PMs as a crucial mechanism to communicate the business requirements to the IT realm.<ref>What Does Business Driven Development Mean [https://www.techoped
8 KB (1,105 words) - 21:56, 14 July 2021
...ny companies have been gathering customer data for a good number of years, it hasn't always been managed very effectively. As a result, companies may mai
...is technically a subset of [[Master_Data_Management_(MDM)|MDM (Master Data Management)]] which comprises a set of processes and tools which consistently define a
22 KB (3,198 words) - 13:53, 27 March 2024
...t.co.uk/what-is-project-portfolio-management.php What is Project Portfolio Management -projectsmart.co.uk]</ref>
...folio-management-a-business-process.html 3 Steps to Make Project Portfolio Management a Business Process-cio.com]</ref><br />
20 KB (3,007 words) - 23:38, 19 January 2023
...a framework for their future endeavors and crystallizes their core values. It helps to define the company's mission and values, and guides business decis
...reate something more substantial than just another product in the market – it helps them build an inspiring legacy for their customers around the world.
8 KB (1,234 words) - 17:24, 13 December 2022
...s together brilliant machines, advanced [[analytics]], and people at work. It’s the [[network]] of a multitude of industrial devices connected by commu
...he [[supply]] chain. The IIoT is the next big evolution in performance and operations, employing existing technologies such as advanced computing, intelligent se
21 KB (3,078 words) - 21:05, 6 December 2022
...on - What is Crisis Management [http://www.investopedia.com/terms/c/crisis-management.asp Investopedia]</ref>
...sis? [http://www.praccreditation.org/resources/documents/APRSG-Crisis-Comm-Management.pdf APR]</ref><br />
21 KB (3,109 words) - 14:58, 6 February 2021
...going and the actions needed to make progress but also how it will know if it is successful.<ref>[http://www.balancedscorecard.org/BSC-Basics/Strategic-P
...egin the strategic planning process with one mission and end with another. It really depends upon what your findings are during the process.<ref>[https:/
25 KB (3,830 words) - 13:55, 13 March 2024
...f business information at every point in the architecture. In other words, it is the enterprise and its activities that are to be secured, and the securi
...etween enterprise IT systems and the rest of the world. More importantly, it is a security architecture that aligns with the strategies and objectives o
10 KB (1,476 words) - 10:56, 16 July 2023
...uishing characteristics that set a business apart from competitors, giving it an edge in terms of attracting customers and establishing a strong reputati
...ething valuable that others may not have or be able to replicate. However, it is important to note that these advantages do not last forever and companie
8 KB (1,115 words) - 21:35, 14 December 2022
...enter of the following diagram). This regime and the 9 steps that surround it are described below.
...y the board and senior managers. Clearly communicate your approach to risk management with the development of applicable policies and practices. These should aim
21 KB (3,042 words) - 16:13, 17 July 2023
...testing (UAT), operational acceptance testing (OAT), and end-user testing. It is one of the final stages of the software’s testing cycle and often occu
...the system’s compliance with the business requirements and assess whether it is acceptable for delivery.
14 KB (2,149 words) - 21:45, 17 July 2023
...to technical and non-technical systems. In most use cases, a system is an IT technology such as hardware and software. Project and program managers typi
...le is a very similar process to the systems development life cycle. Still, it focuses exclusively on the development life cycle of software.<ref>[https:/
22 KB (3,252 words) - 19:15, 10 April 2023
...managing the flow of data and how it is processed across an organization’s IT systems and applications.<ref>[https://www.techopedia.com/definition/6730/d
*Facilitate alignment of IT and business systems
15 KB (2,209 words) - 23:40, 22 March 2024
Although data are also increasingly used in other fields, it has been suggested that their highly interpretive nature of them might be a
...thodologies or administrative records, from which statistics are produced. It also includes, however, more data formats such as audio, video, geospatial,
14 KB (2,308 words) - 13:22, 17 March 2024
...cesses, elsewhere in the financial institution, have the same requirement. It is possible to identify a single solution that satisfies both these require
...oftware developers think, while still retaining a purely business content. It is a consolidation of what we know about the area of business concern expre
9 KB (1,236 words) - 21:28, 27 March 2024
...l Management (ITFM) [https://whatis.techtarget.com/definition/IT-financial-management Techtarget]</ref> ==
'''What is IT Financial Management?'''<br />
21 KB (3,300 words) - 12:32, 18 January 2023
...gh a human, artificial agent, or sensors, across all interaction channels. It reaches and connects all departments, allowing, for example, the synchroniz
...the region being a hub of companies from the field of retail, banking and IT vertical. North America region is expected to be followed by Western Europe
25 KB (3,755 words) - 16:08, 27 March 2024
...y development and its execution by connecting the two processes. Moreover, it also assists in budget allocation for strategies and goals as well as provi
...n interact with each other, a meaningful business portfolio analysis makes it easier to prioritize activities and ensure they are aligned with strategic
8 KB (1,128 words) - 00:41, 8 December 2022
...alue, the better it is for the company and management. For this to happen, management must exercise efficient decision-making so as to earn/increase profits, the
...ustomers and keep them away from competitors to maintain its market share. It should also attract new customers through referrals from existing customers
16 KB (2,346 words) - 18:48, 19 March 2024
...t systems with manufacturing, tracking and inventory systems, product-data management, and other information systems.<ref>Defining Enterprise Integration [https:
...her confusing, according to Jim Nell and Kurt Kosanke (1997): On one hand, it claims to provide solutions for many of the issues identified in enterprise
11 KB (1,550 words) - 14:04, 25 August 2022
...ition/information-technology-IT.html Definition of Information Technology (IT)]</ref>
...ization's IT infrastructure.<ref>[https://www.webopedia.com/TERM/I/IT.html IT is More than Computers and Networks]</ref>
25 KB (3,695 words) - 00:36, 16 February 2023
...reased confidence shown by stakeholders.<ref>Definition of Enterprise Risk Management (ERM) [http://www.rmahq.org/enterprise-risk/ RMA]</ref>
...isk Management (ERM)? [http://www.investopedia.com/terms/e/enterprise-risk-management.asp Investopedia]</ref>
39 KB (5,827 words) - 00:41, 20 January 2023
== What is Data Management? ==
...ment Book of Knowledge (DMBOK) refers to Data Management (or Data Resource Management) as:
32 KB (4,897 words) - 23:29, 22 March 2024
...means by which an organization sets out to achieve its desired objectives. It can simply be described as long-term business planning. Typically a busines
...opted in the organization, generates a desired pattern of decision-making. It is, therefore, about how people throughout the organization should make dec
30 KB (4,727 words) - 15:28, 5 March 2024
...(IT)]] within an organization. This management strategy ensures that the [[IT Infrastructure]] supports and enables the achievement of organizational goa
...fined policies, procedures, and controls. These provide guidelines for all IT-related activities and decisions within the organization, ensuring consiste
60 KB (8,431 words) - 11:44, 11 March 2024
...formation-resources-management-IRM.html Definition of Information Resource Management (IRM) -Business Dictionary]</ref>
...ent (IRM) [https://www.techopedia.com/definition/7722/information-resource-management-irm Techopedia]</ref>
29 KB (4,151 words) - 15:30, 4 January 2023
.../resources/articles/what-is-change-management Definition: What Does Change Management Mean?]</ref>
...kara.com/sailing-the-winds-of-change-how-to-pick-your-crew/ What is Change Management]</ref><br />
23 KB (3,538 words) - 14:08, 13 March 2024
'''1995:''' The introduction of JavaScript by Netscape makes it possible for developers to add interactive features to websites, setting th
...:''' Google releases Gmail, a landmark in the history of web applications. It is notable for its use of AJAX (Asynchronous JavaScript and XML), which all
28 KB (4,188 words) - 22:10, 15 August 2023
...mpanies are turning more frequently to specialized compliance software and IT compliance consultancies. Many organizations have even added compliance job
...rovisions, the law sets rules on storing and retaining business records in IT systems.
22 KB (3,229 words) - 13:12, 4 January 2023
...yzer, and reactor organizations.<ref>[https://www.referenceforbusiness.com/management/Mar-No/Miles-and-Snow-Typology.html#ixzz6w4HoW9tp Miles and Snow Typology]<
(1) "management fails to articulate a viable organizational strategy;<br />
16 KB (2,438 words) - 15:39, 29 November 2022
...nes and Michael Oxley, represents a huge change to federal securities law. It came as a result of the corporate financial scandals involving Enron, World
...es. In many cases, Audit Committee members were not truly independent of [[management]].
13 KB (1,804 words) - 09:55, 23 March 2024
...anagement for distributed applications. It’s sometimes called plumbing, as it connects two applications together so data and databases can be easily pass
...to be communicated. This can include security authentication, transaction management, message queues, application servers, web servers, and directories. Middlew
16 KB (2,282 words) - 20:42, 18 April 2023
...a whole, rather than just focusing on individual components or subsystems. It also involves considering the dynamic nature of systems, which means that t
...draws on concepts and tools from a range of fields, including engineering, management, ecology, and psychology to solve complex problems and make more informed d
15 KB (2,165 words) - 18:28, 22 March 2023
...d for entering commands. In the early days of computing, before the mouse, it was the [[standard]] way to interact with a [[computer]]. While the [[Graph
...d then wait for a response. After receiving the command, the CLI processes it accordingly and shows the [[output]]/result on the same screen; command lin
8 KB (1,237 words) - 21:12, 6 December 2022
...ction, offering instant diversification and reducing the amount of legwork it takes to invest.
...h year. Owners of preferred stock also stand at the front of the line when it comes to the company’s earnings: Excess cash distributed by dividend is p
12 KB (1,903 words) - 11:10, 25 August 2023
...tions using IT enabled systems. Enterprise Applications are crucial to the operations of various modern organisations and hence their integration is even more cr
...ication-integration-eai What is Enterprise Application Integration (EAI)? -Management Mania]</ref>
25 KB (3,648 words) - 12:13, 17 January 2023
== What is customer service management? ==
...te user-friendly customer portals for customers, automate customer service operations with chatbots, and enable customer service analytics to measure customer sa
46 KB (6,593 words) - 13:11, 27 March 2024
...when running a business. Business ethics might sound like an oxymoron, but it should be a cornerstone of every industry.<ref>[https://www.projectmanager.
...evolved. Business ethics goes beyond just a moral code of right and wrong; it attempts to reconcile what companies must do legally versus maintaining a c
16 KB (2,365 words) - 16:37, 11 April 2023
== What is IT Modernization? ==
...are assessed, evaluated, remodeled, and modified as needed. The goal of an IT Modernization Project is to:
37 KB (5,336 words) - 18:51, 30 August 2023
...complementary technologies, including data virtualization and master data management, to put your data to work on-premise, in the cloud, and everywhere in betwe
...hen data is at rest in a repository, there are two basic ways of accessing it: sequential access and random access:
14 KB (2,177 words) - 23:45, 22 March 2024
...of authority and control (planning, monitoring, and enforcement) over the management of data assets.”<ref>[https://dama.org/content/body-knowledge Definition:
...sely related terms and concepts, including data management and master data management.
21 KB (3,021 words) - 19:27, 10 August 2023
...ations directly concern themselves with several key areas. They are talent management, leadership development, organization design and structure, design of measu
...societal impact, or all of these. The goal approach is less actionable as it measures output but does not provide information about the input or the pro
15 KB (2,177 words) - 18:28, 13 April 2023
...ies. The difficulties in defining strategic alignment have also meant that it has been difficult to measure (Maes et al., 2000). Despite the existence of
...This approach – offered by Christoph Strnadl in a 2006 Information Systems Management article – works through four layers to achieve strategic alignment: proce
18 KB (2,563 words) - 17:15, 25 August 2023
...n of what a virtual organization is, including its characteristics and how it differs from traditional organizations.'''<br />
...izations rely heavily on effective virtual collaboration tools and project management software to facilitate communication, enhance productivity, and ensure seam
22 KB (3,127 words) - 10:52, 5 April 2023
...are particularly susceptible to the downside of this inertia. In this case it is often referred to as incumbent inertia.<ref>What is Organizational Inert
...Forces and Examples [https://www.wisdomjobs.com/e-university/principles-of-management-tutorial-293/organizational-inertia-9516.html Windsomjobs]</ref><br />
11 KB (1,720 words) - 00:43, 12 April 2021
...in creative ways to achieve unprecedented value and competitive advantage. It’s not as simple as putting all of this data in one place. The real busine
...ks, log files, transactional applications, web, and social media - much of it is generated in real time and on a very large scale. Analyzing big data all
17 KB (2,736 words) - 19:44, 1 December 2022
ITU was founded in Paris in 1865 as the International Telegraph Union. It took its present name in 1932, and in 1947 became a specialized agency of t
...ation and communication technology] to underserved communities worldwide.” It does so through policy and regulatory activities and by setting global stan
11 KB (1,572 words) - 15:06, 18 January 2023
...l steps along the way that are all geared towards optimization. For some, it may be easy to conflate continuous process improvement as equivalent to oth
...or create a new one (DFSS). Within these methodologies, a range of quality management tools and workflows are used, including the Five Whys, axiomatic design and
21 KB (3,268 words) - 14:21, 18 April 2023
...n many different applications, including business, Information Technology (IT), and Software Development.
...e is usually controlled by a database management system (DBMS). A database management system (DBMS) helps users search and retrieve data from a database. A datab
17 KB (2,562 words) - 17:08, 18 July 2023
...a desired future, such as achievement of a goal or solution to a problem." It also defines Strategy as "The art and science of planning and marshaling re
...ategy for researchers and practitioners. Henry Mintzberg, an expert in the management discipline, developed five different meanings of strategy (5Ps) to help oth
34 KB (4,985 words) - 13:50, 19 July 2023
...ask analysis is used to understand how a system should be designed so that it meets user needs and incorporates all required functions and interfaces.
...e can be improved. Ultimately, Hierarchical Task Analysis is beneficial as it offers a detailed understanding of the subtasks performed by participants a
12 KB (1,937 words) - 17:37, 8 December 2022
...me increasingly blurred as more and more businesses move sections of their operations onto the Internet.<ref>Definition of E-Commerce [http://www.networksolution
...April 1984, CompuServe launches the Electronic Mall in the USA and Canada. It is the first comprehensive electronic commerce [[service]].
13 KB (1,898 words) - 15:02, 14 March 2024
...with those skills. AMDD does not require everyone to be a modeling expert; it just requires them to be willing to try. AMDD also allows people to use the
...ently detailed. Once a model has fulfilled its goals, you’re finished with it and should move on to something else, such as writing code to show that the
14 KB (2,313 words) - 00:17, 11 April 2023
...rs to efficiently manage financial, statistical, and business data, making it an essential tool for professionals and individuals alike. With robust feat
...ing formulas and functions, charts, pivot tables, and data filters, making it an indispensable resource for individuals and professionals across various
22 KB (3,182 words) - 18:50, 16 March 2023
...nt accounting involves preparing the budget from scratch with a zero-base. It involves re-evaluating every line item of cash flow statement and justifyin
...ion of Zero-Based Budgeting<ref>[https://www2.deloitte.com/global/en/pages/operations/articles/gx-zero-based-budgeting.html What is Zero-Based Budgeting?]</ref>
34 KB (5,189 words) - 08:59, 26 April 2023
== Definition of an IT Strategic Plan ==
...es, taken to implement the [[IT Strategy (Information Technology Strategy)|IT Strategy]] of an organization.
30 KB (4,475 words) - 14:11, 20 February 2024
...n can then be utilized by organizations in order to better manage risk and operations.
...el produces accurate and useful results. By assessing the data beforehand, it is possible to determine if there are any missing variables or outliers tha
19 KB (2,966 words) - 20:10, 1 December 2022
...products on the platform and invoice the customer for purchases directly. It is a segment of e-commerce in which the marketplace owner does not own the
...tsy is an online marketplace that offers handmade items and vintage goods. It is a great place to find unique gifts and collectibles, as well as art, sup
24 KB (3,537 words) - 17:19, 21 March 2024
...y is "conformance to requirements".<ref>[https://www.mangolive.com/quality-management-0-what-is-quality Defining Quality]</ref>
Quality is not a program or a discipline. It doesn’t end when you have achieved a particular goal. Quality needs to li
29 KB (4,238 words) - 09:20, 13 March 2024
...igned for Microsoft Access, a powerful and widely-used relational database management system (RDBMS) that enables users to efficiently store, organize, and manip
...the growing needs of users. It has become the standard for modern database management in Microsoft Access, providing powerful tools and features for efficient da
20 KB (2,908 words) - 21:20, 15 March 2023
...affordable package. This support is needed for business start-ups because it can reduce the burden of the initial costs with the use of cost-sharing sys
(3) Management staffs that acts as a facilitator or trainer /consultant for tenants;<br />
15 KB (2,264 words) - 21:52, 4 March 2024
..., packet content, signaling, and so on but some new applications have made it difficult on purpose to cling to this kind of tagging. The NBAR approach is
...)]] port numbers. Upon recognition of the application, the network assigns it specific services. Using quality-of-service (QoS) features, NBAR helps ensu
13 KB (1,900 words) - 22:25, 2 December 2022
...on Model (OSI Model)]] seven-layer model and in the TCP/IP protocol suite. It consists of protocols that focus on process-to-process communication across
...urces of Telnet server. It is used for managing the files on the internet. It is used for the initial setup of devices like switches. Telnet command is a
17 KB (2,620 words) - 20:28, 7 March 2024
== What is IT Strategy? ==
...[[IT Organization (information technology organization)|IT Organization]]. IT Strategy enables and drives business strategy. A well-thought-through techn
61 KB (8,936 words) - 11:27, 17 March 2024
...ith another port number, in the packet that will be routed to destination. It then makes the corresponding entries of IP address and port number in the N
...n to the address of the firewall. From the perspective of the workstation, it appears that communication is directly with the site on the Internet. When
15 KB (2,426 words) - 14:41, 8 December 2022
...ints & Rules, Structure/Hierarchy/Patterns Recognition & Redundancy, Error Management & Prevention/Recovery Strategies; Visceral Appeal; Spatial Layout; Memory L
...ns framework has applications in the field of Cognitive Technology, making it an invaluable asset to UX designers.
10 KB (1,562 words) - 13:28, 12 December 2022
...ata set may include extracted and combined data from marketing, sales, and operations, which is combined to form a complete report. An example of data integratio
...ent for analysis.<ref>[https://www.pitneybowes.com/us/customer-information-management/case-studies/what-is-data-integration.html What is Data Integration?]</ref>
36 KB (5,479 words) - 23:25, 22 March 2024
...and the resources reallocated through the [[Portfolio Management|portfolio management]] process to more valuable endeavors.
...eholdermanagement.wordpress.com/2011/12/11/project-governance/ Stakeholder Management]
30 KB (4,500 words) - 09:27, 21 July 2023
...e, but the function of ecosystem leader is valued by the community because it enables members to move toward shared visions to align their investments, a
...”. DeLong also has expressed that the new way is likely to endure “because it's a better business ecology than the legendarily lugubrious model refined a
17 KB (2,514 words) - 14:36, 4 January 2023
...value proposition is a very effective [[Human Resource Management (HRM)|HR management]] tool.
...ganization's commitment to i.e., employee growth, [[Management Development|management development]], ongoing employee recognition, community service, etc. Contai
15 KB (2,239 words) - 20:15, 7 March 2021
...ted in what they measure and do not always provide useful information when it comes to predicting or diagnosing future events. Additionally, because perf
...rformance indicator used to measure the return generated by an investment. It can be calculated in a number of different ways, depending on the specific
13 KB (2,036 words) - 18:15, 10 December 2022
...th [[Information Technology (IT)|IT]]. This is referred to as '''"Business IT Alignment."'''
== Definition - What is Business IT Alignment ==
45 KB (6,696 words) - 22:08, 4 March 2024
...porate image is a company's financial or innovative performance along with it's products and services. In today's world ethical business practices, busin
...he personal as in the corporate case, the image should match reality. When it does not, the consequence will be the opposite of the one intended.
21 KB (3,334 words) - 15:19, 4 January 2023
== What is IT Strategic Planning? ==
...Definition - What Does IT Strategic Planning Mean? [https://www.mssbta.com/it-strategic-planning MSSBTA]</ref>
23 KB (3,424 words) - 15:20, 14 March 2024
...s access to the data they need. Data virtualization helps to optimize data management and analysis, which ultimately leads to better decision-making and improved
...irtualization proves that connecting to data is far superior to collecting it.
18 KB (2,625 words) - 19:28, 15 March 2023
...e patch or updates from the vendor's website over the Internet and applies it automatically to the server. Server appliances are commonly used in large o
...software is hidden beneath an application-specific interface, which makes it easier to use and manage. Computing appliances are also designed to perform
65 KB (9,671 words) - 18:27, 26 May 2023
...ferent from the original; a band grows popular through its music, and then it starts branding clothing with its logo.
...small element of the original and tries to make a full-blown brand out of it.
15 KB (2,337 words) - 12:37, 17 January 2023
...earns about nonpublic material information from a family member and shares it with a friend. If the friend uses this insider information to profit in the
...his or her duty to maintain the confidentiality of such knowledge by using it for financial gain.
16 KB (2,549 words) - 20:04, 10 March 2024
...yment card brands (Visa, MasterCard, American Express, Discover and JCB.). It is important to note that the payment brands and acquirers are responsible
1.2 was released on October 1, 2008. It enhanced clarity, improved flexibility, and addressed evolving risks and th
17 KB (2,390 words) - 17:33, 6 February 2021
...sting technology. Investing in a disruptive innovation can be complicated. It requires an investor to focus on how companies will adopt new disruptive te
*Incumbents can respond but fail to exploit it. ...
14 KB (2,034 words) - 12:00, 15 October 2023
...icers, or require a CEO. While it gives rise to principles for committees, it does not prohibit committees nor requires specific committees.
...behalf of some ownership, to see to it that the organization achieves what it should and avoids what is unacceptable. Let us dissect this purpose below:
23 KB (3,673 words) - 17:43, 20 February 2023
...specifies which users are granted access to that object and the operations it is allowed to perform. Each entry in an access control list specifies the s
...n a directory), to write to the file or files, and to execute the file (if it is an executable file or program). Microsoft Windows NT/2000, Novell's NetW
18 KB (3,058 words) - 16:58, 16 January 2023
...can continue to work in the event of a disaster, and, finally creating an IT architecture that is scalable.
...erprise Architecture transforms an IT Strategy into tangible IT Solutions. IT Governance directs Enterprise Architecture Planning.
39 KB (5,474 words) - 19:56, 23 August 2023
...s. Predictive analytics does not tell you what will happen in the future. It forecasts what might happen in the future with an acceptable level of relia
Analytics gives your business the data it needs to isolate and identify particular trends and characteristics that ei
21 KB (3,044 words) - 19:07, 1 December 2022
