Tuesday, August 13, 2019

Business Process Reengineering Essay Example | Topics and Well Written Essays - 2000 words

Business Process Reengineering - Essay Example Failure of the traditional approaches to effectively address the new conditions led to emergence of innovative perspectives on organizational performance and change with BPR being perhaps the most popular among them. Another distinct feature of the business environment in the early 1990s was the dramatic rise in amounts spent by businesses on information technology (IT), and the linkage between IT and BPR soon became the most popular object of research. Some studies published throughout the first half of 1990s estimated "over half of all reengineering efforts are initiated because of a perceived information technology opportunity" (Caldwell, 1994: 50), and pronounced IT to be the key enabler of effective BRP (Weicher et al, 1995). Although the linkage between IT and BPR has been confirmed repeatedly, there is no clarity as to the aspects of this linkage. The variety of opinions and views expressed in the literature is astonishing ranging from denial of the enabling role of IT in BPR to claims that IT is, in fact, the only enabler of BPR. The below overview seeks to summarise the existing conceptions about the relationship between IT and BPR in order to understand the merit of Information Technology as an enabler to Business Process Re-engineering Main Body In 1990, Michael Hammer published an article in the Harvard Business Review, in which he claimed that the major challenge for managers is to obliterate non-value adding work, rather than using technology for automating it (Hammer 1990). The article was perhaps the first attempt to draw attention of the scholarly community to the problem of information technology (IT) role in BPR. Hammer implicitly accused the management of contemporary businesses of the wrong application of IT which has been used mostly for automating existing practices than rather than revising the obsolete non-value adding ones. Hammer (1990) claims that the potential of IT makes it the most essential enabler of BPR in modern environment, but in order to fulfil the enabling function it must be used as a tool to challenge the traditional conceptions of the business processes that had emerged in the past before the advent and expansion the computer and communications technology. This will result in recognition and breaking away "from the outdated rules and fundamental assumptions underlying operations... These rules of work design are based on assumptions about technology, people, and organizational goals that no longer hold" (p.105). The elements of redesign models described in the early BRP literature illustrate why modern IT plays an important role in the reengineering concept. Hammer (1990) identifies the following basic principles of reengineering: (a) Organization around process outcomes, not tasks; (b) Those who use the output of the process must perform the process; (c) Subsume information processing work into the real work that produces the information; (d) Treat geographically dispersed resources as though they were centralized; (e) Link parallel activities instead of integrating their results; (f) Put the decision

Monday, August 12, 2019

Provide a compelling conclusion to my thesis which answers beyond Essay

Provide a compelling conclusion to my thesis which answers beyond doubt the question, - Essay Example ce the early 1980s may have made it more likely that financial factors in general, and the booms and busts in credit and asset prices in particular, act as drivers of economic fluctuations; as a result, the current environment may be more vulnerable to the occasional build-up of financial imbalances†. Because of the above turbulences, the strategies followed by the companies regarding the security of their assets have to be formulated accordingly. The impact of globalization in this case is extensive. As Stiglitz (2004, 57) states â€Å"one of the most controversial aspects of globalization is capital-market liberalization—not so much the liberalization of rules governing foreign direct investment, but those affecting short-term capital flows, speculative hot capital that can come into and out of a country†. However, despite the existence of common rules in the regulation of financial markets internationally, each country follows its own regulations in all issues related with commercial activities. International rules can have just a ‘supplementary’ role and only in cases where there is no appropriate national framework of rules regulating the commercial activities in all their aspects. Regarding this issue it has been supported by Pagano et al. (2001, 502) that â€Å"the regulations that shape the design and operations of corporations and credit and securities markets differ vastly from country to country while even similar regulations are often unequally enforced in different countries; economists still have an imperfect understanding of why these international differences exist and of whether they tend to persist over time†. On the other hand, the existence of these differentiations could be limited because of the existence of Internet which impose specific rules and principles on the transactions made. The structure of business operations can be also influenced in case that a particular business operates online. Indeed, the study of Ellam et al. (2002,

Sunday, August 11, 2019

Stakeholders are Coming to Require the Goods and Services Essay

Stakeholders are Coming to Require the Goods and Services - Essay Example In such a way, the means by which the differential between the developed and the developing world is understood is lessened as a result of this increased level of integration. For purposes of this particular case study, the author will analyze the means by which Alpen Bank, a Romanian bank considering implementation of opening a new credit market within the nation of Romania, will be exposed to specific levels of strengths, weaknesses, opportunities, and threats that arise out of such a level of integration. By targeting and analyzing each of these specific compliments, it is the hope of this author that a further level of understanding and market specific knowledge can be derived with regards to the best means by which Alpen Bank can seek to target the market and minimize overall risk while maximizing profit potential. Further, through such an analysis, the author will also hope to shed a level of understanding with regards to what key groups Alpen Bank should seek to target with re gards to this new credit availability, what marketing efforts would be best advised with regards to these groups, positioning strategies most suitable for the firm, as well as an elaboration upon the realities of the current market and the way in which Alpen Bank should seek to engage with these determinants. ... hat the firm is able to exhibit is necessarily with regards the fact that they had previously existed within this market and offered a range of consumer products and services that allow them not only to have brand recognition but also evoke a level of trust within the likely consumer bases that they will integrate. Moreover, the experience within credit markets and personal banking that Alpen Bank has specialized since 1983, provides them with a valuable knowledge base and key understanding of considerations with regards to how to integrate more effectively within new and devleping economies and nations. Finally, Alpen Bank has the additional benefit of already being represented within 14 different nations around the globe. Although most of these representations are in highly developed nations, such as Germany, England, Singapore, and Ireland, they also have a level of proficiency in providing consumer banking services in nations as diverse and developing as India and Poland. Weaknes ses: the first and most salient weakness which should be discussed is with regards to the fact that although Alpen Bank is a multinational consumer bank that has a presence in over 14 nations, it has yet to be represented within Eastern Europe (with the exception of Poland which dependent upon definition is oftentimes not considered as part of Eastern Europe). Necessarily, this is a weakness due to the fact that the firm will be integrating with clients and an economic/political system that they have little if any knowledge concerning. Another distinct weakness that the firm faces is with regards to the fact that as compared to the other countries in which they currently operate within, there is little broad-based nor historical evidence of consumer credit markets within Romania as such.

Saturday, August 10, 2019

Portfolio Term Paper Example | Topics and Well Written Essays - 500 words

Portfolio - Term Paper Example In our mentor class, we did a number of readings which contributed to my progress as well as my knowledge of people (human beings) and emotions. The first reading that we did was that of â€Å"Human Is† by Dick Phillip. The theme behind this reading was that of kindness in human beings. One character by the name of Lester intrigued me because of his human nature and character. He was a very mean person since he preferred his career and dreams other than his wife and family. However, he turned out to be a changed person who was kind to his wife and people around him. What I liked about this reading was that I experienced the same kindness when I went to school in the US. My classmates did understand me and where I was coming from and they helped me to achieve my improved reading and writing skills. The other reading that I liked was that of Calvino, â€Å"Love Far from Home†. I connected with it since it spoke a lot about love for family when away from them. This was the same feeling that I felt when I left my family to study in the US. The third reading that intrigued me was that of Pilz (2005). The reason why I loved this reading was that it gave me comfort that the experiences and loneliness that I was having were common among international students in the US. So this made me feel like I was not alone and better days were to come for me. The fourth and fifth readings were those of Berry (1996) and Berry (2009) respectively. Both readings gave me an insight into agriculture, culture and nature in the US. For example, Berry (1996) talked about the importance of ensuring that the environment that we live in is in accordance with nature. This made me look at the US in this manner – a lot of the foods are processed and that is actually the American culture. Back at home, there are less processed foods as a lot of people do traditional farming. In addition, Berry (2009) gave an emphasis that agricultural activities should â€Å"emulate nature†. He

Friday, August 9, 2019

Philosophy of Human Person Essay Example | Topics and Well Written Essays - 250 words - 2

Philosophy of Human Person - Essay Example The researcher states that Socrates investigates a number of influences about the immortality of the soul in a bid to show that there exists an afterlife with the soul dwelling after death. He does this by engaging his two friends, theSimmias and Thebans Cebes, in a debate. Among the major subjects in Phaedo is an idea that suggests the soul be immortal. Socrates presents four arguments about the soul’s immortality. The first being The Opposites Argument or Cyclical argument. This explains since the forms are external and unchanging, the soul is concerned with bringing life hence it is not supposed to die. It is also reported to be necessarily imperishable. The existence of the body as mortal through the subjection to physical death means the souls should be its opposite. Plato suggested the likeness of cold and fire with cold being imperishable and fire its exact opposite. He observed that everything came from its opposite. E.g. a tall man only becomes tall after being short before. Life being opposite to death, our analogous reason gives the thought that as the living once become dead, so should dead become living. Death and life are in a continuous cycle in a way that death is not a permanent end. The second argument is that of the theory of recollection. Humans have a non-theoretical knowledge at birth. This is to mean that the soul was in existence way before birth to help us in carrying that knowledge. The theory bears another account found in Plato’s Meno though Socrates infers previous knowledge of everything. The argument is based majorly on the fact that learning is an act of recollection of the things we knew before birth but we forgot them. We are able to judge two sticks to be equal in length but differing in width because of the innate understanding we have about equality.

Policy in Lundy Marine Nature Reserve Yields Positive Results Article

Policy in Lundy Marine Nature Reserve Yields Positive Results - Article Example It is administered by the Torridge district of the county of Devon. It has a total area of 4.24 km2 and has a resident population of 18 people located at the south of the island. The island was leased by the National Trust to the Landmark Trust. It was named as the 10th greatest natural wonder in Britain by the 2005 opinion poll of Radio Times (wikipedia, 2006). Due to the development of the aqualung, Lundy's incredibly diverse marine plants and animals were discovered. The array includes rare and unusual species such as the solitary cup corals, sea fans and sponges. An explanation offered for the diversity is the variety of underwater habitats in its seabed. The variety in shelter coupled with the also varied water current conditions present in the area gave opportunities for a wider variety of species that can inhabit the waters of the island. (Lundy Org, 2006) This discovery served as the stimulant for legislation aimed at protecting the area. It started with a 1971 proposal by the Lundy Field Society to establish a marine reserve and finalized with the 1986 announcement of the then Secretary of State for the Environment designating Lundy as a statutory reserve. Lundy is England's only statutory Marine Nature Reserve. The reserve is managed in partnership by English Nature, the Environment Agency, Devon Sea Fisheries Committee (DSFC), the National Trust and ... A warden is employed by the Landmark Trust for the oversight of the reserve. (ENO, 2004) Policies The Marine Nature Reserve employs a zoning scheme and is illustrated below (Lundy Org, 2006): Zones within the Marine Nature Reserve: The Red Area is the No-Take Zone The Yellow Area is the Refuge Zone: no fishing except potting or angling. The Green Area is the Recreational Zone: restrictions the same for the Refuge Zone (yellow) but be aware of other water users The Black Circles indicate legally Protected Wrecks : no diving or fishing without a license from English Heritage is allowed The Blue Area covers the rest of the Marine Nature Reserve and is the General Use Zone: all activities allowed except spear fishing. A prominent feature of the zoning scheme is the NO TAKE ZONE (NTZ). This zone employs the policy of prohibiting fishing and even collection of any kind of sea life in the waters east of Lundy. The implementation of this policy is ensured by the DSFC as it is incorporated in their by-law. The NTZ has coordinates north to Lat 51 12.04N, south to Lat 51 10.07N and east from Lundy's shores to Long 004 39.00W. Anchors and diver shot lines within 100m of the Knoll Pins is also prohibited in this zone. The No Take Zone was predicted to be able to enhance populations of fish and shellfish stocks within and outside the closed area by establishing a refuge for fish and shellfish stocks. Greater catches of fish for fishermen around the edges of the closed area was also seen as probable. The island's tourism industry was also seen as a direct beneficiary of the project. The reserve employs the following system (Lundy Org, 2006): Since underwater wildlife

Thursday, August 8, 2019

Middle Eastern Comparative Law Essay Example | Topics and Well Written Essays - 750 words

Middle Eastern Comparative Law - Essay Example The clear path is what most refers to as the philosophy of sharia, and one of the basics of sharia. It is a core foundation on which the faith is based on; that God created the souls of every individual and â€Å"appointed a divine law for each.† The only path that is clear and straight is the Sharia (BBC). Throughout Islamic history, God has sent out messages to different people across the world to guide them to the clear and straight path. All the messengers have reminded mankind that they exist in the divine guidance of their creator. The Sharia clusters all human actions into five categories; obligatory, permitted, recommended, disliked and forbidden. Obligatory actions must be executed, and God rewards people who perform them with good intentions. The opposite of these actions are the forbidden ones. Recommended actions are those that should be done, and the opposite of them is the disliked actions. Permitted actions are neither encouraged nor discouraged. Another core principle to the Sharia is that it covers all aspects of human life. Four key parts make up the classical Sharia Manuals; laws regarding individual acts of worship, laws relating to commercial activities, laws relating to the issues of marriage and divorce, and penal laws (BBC). Sacred law is very distinctive from secular law although there are notable similarities such as the reference to a mutually consented set of laws. One of the most notable differences is that sacred law is very rigid to changes as compared to the secular law. Those adhering to sacred law are guaranteed of a rigid set of laws that is well understood by the population and also faces little opposition. Although some of the systems that utilise sacred law are a bit oppressive, a large portion of the public respects the law (Dien 56). Secular law on the other hand is a bit adaptive and changes from time to time to accommodate emergent issues. Since it is prone to changes, the public is not always of the