Efficiency and Effectiveness IT metrics
definition of metrics....metrics is a measurement by which is efficiency, performance, progress or quality of a plan, process or product can be assessed....
Efficiency IT metrics....
measure the performance of an IT systems and many aspects of performance including throughput speed and availability of the system......its organized the way of documenting and reporting the findings of efficiency IT metrics....it is important for evaluate and improve performance of an IT system and also make sure these system is being utilized in a proper way to ensure effectiveness of business process....an example, how far a company can use resources to achieve the goals....
Effectiveness IT metrics....
measures how well a company or business is reaching its objectives and constantly questions as to a whether the right actions being taken to meet the given objectives......sometimes employer make surveys in the company to know how well their employees work together as an organization to achieve their target or goals in terms to maintain satisfaction of customers......an example, how well customers of Apple products receive the similar information or updates of new products.....
Wednesday, 16 January 2013
Wednesday, 26 December 2012
ENTERPRISE RESOURCE PLANNING (ERP)
Enterprise Resource Planning or ERP is a system that is used to combined all of the information or operations of a company into a single unit...their standard system will utilize both computer hardware and software in order to achieve this....the most important parts of the ERP system is the central database and used to store information from various modules....the goal of ERP is to unify the various functions of an institution but it also not simply limited to corporations and commonly used by non-profit organizations,government agencies and other institutions....it must meet a certain requirement in order to be recognized as an ERP....now i want to describe the summary of importance of ERP.......an ERP is important tool in our world of today...when business processes are streamlined into a single unify unit, the company will operate at a higher level and automatically lead to higher level of productivity and turn to more profits....ERP also is greater levels of information flow along with a higher quality of information and that will be able rapidly transfer information from one place to another and thus act on the data within a short period of time....
Futhermore, ERP also allows a company to effectively manage its inventory..for example, when the products are manufactured, it will be done with a higher level of precision....this technology also can make the cost more lower....the money saved by the organization can be used to invest in new products or marketing strategies..ERP also allows a company to become highly flexible...means the company able to quickly adapt to changes that occur in the market....flexibility is very important today because if an organization is not flexible, it will be difficult for them to stay competitive....besides that, the most important of ERP is the implementation of software....in dealing with software issues, ERP can also help companies integrate their operations...at the same time, it is important to realize that there are a number of challenges involved with utilizing ERP and maybe it will be costly.....ERP tools are outside the price range of many organizations.....all this are the importance of ERP.....that's all for this chapter.....tq
Sunday, 16 December 2012
CASE STUDY.......
Say 'Charge It' with Your Cell Phone......
Make purchasing by your cell phone...this technology are more famous and more used in South Korea,Japan, and Europe...is it this technology will threat to traditional phone company???yes...this technology will threat to traditional phone company..so these company have to make a counterstrategies to overcome this threat....one of the way that should be make are this traditional phone company have to be innovative and creative to challenge this new technology....it means that they have to create more differentiation to their telephone like more application in their phone....and also make the phone touch screen because phone like that are more loved by customers....company should create competitive advantage by distinguish their phone on one or more features or application important to their customers....and also can decide the price more higher than before to stimulates demand...for example, an apple products have more application and created more innovative and creative....
by using Porter's Five Forces, is it have barriers to entry for this new technology that make purchasing by cell phone????according to combination all the Porter's Five Forces, any new company will have barriers to entry the market...for this technology, the barriers that they have to faces are threat of new entrants which that forces top management to monitor the trends especially in technology and this are always happened in competitive environment and will bring this new technology to rivalry among the existing firms...existing competitors are not much of the threat...typically each firm has found its 'niche'....with the existing firm, the threat of substitute products and services are high because there are many alternatives to a product or service.....as we can see this new technology and other existing technology before might be have the same function but there are different brands and also have a different price...so the barriers are switching cost that can make customer do not want to switch another product or service and this customer called as a loyal customers....in the supplier power also might be low for the company of this technology because customers have many choices to buy from...and the company will have high power of supplier ....it is barriers because the company want to supplier power are low between them...when this company have the same technology with the others company, the supplier might be the same also....for the buyer power, the barriers might occur for high power because buyers have many choices of whom to buy....this new technology are already exist but may be the function of this new technology are more than others.....
in terms of Porter's three generic strategies, this new technology have choose the differentiation strategies of this new technology....to be different, is what organisations strive for; companies and product ranges that appeal to customers and "stand out from the crowd" have a competitive advantage....with a differentiation strategy the business develops product or service features which are different from competitors and appeal to customers including functionality, customer support and product quality.....for example, these new technology had been created as a payment method, so that customer have benefit from these phone to pay or buy anything without use the cash.....new concepts which allow for differentiation can be protected through patents and other intellectual property rights, however patents have a certain life span and organisation always face the danger that their idea which gives them a competitive advantage will be copied in one form or another......
for the business of using cell phone as a payment method, it have value chain which means value-adding activities that convert inputs into outputs which, in turn, add to the bottom line and help create competitive advantage.....for the value chain of this business, the money or profit that they get from the payment will go to company or an organizations.....as their profit, they will create a new design and pay the supplier that supply the materials......when this are continuous activities, the company can run their business to more bigger market......
however, from all the benefits that got from this type technology, there are also many types of regulatory issues that might occur during the transaction from customer.....transaction like buy cloths, shoes, paying the bill or any else will lead to fraud....sometimes the products is not the same as sample or picture that had been showed.....there are also can happen when the company have taken the money but the products are not delivered to customer...the fraud also can be occur from customer as they can lie about their information such as they use others phones......the breakdown of system also can be an issues that occur and can make the transaction cancelled automatically....
Make purchasing by your cell phone...this technology are more famous and more used in South Korea,Japan, and Europe...is it this technology will threat to traditional phone company???yes...this technology will threat to traditional phone company..so these company have to make a counterstrategies to overcome this threat....one of the way that should be make are this traditional phone company have to be innovative and creative to challenge this new technology....it means that they have to create more differentiation to their telephone like more application in their phone....and also make the phone touch screen because phone like that are more loved by customers....company should create competitive advantage by distinguish their phone on one or more features or application important to their customers....and also can decide the price more higher than before to stimulates demand...for example, an apple products have more application and created more innovative and creative....
by using Porter's Five Forces, is it have barriers to entry for this new technology that make purchasing by cell phone????according to combination all the Porter's Five Forces, any new company will have barriers to entry the market...for this technology, the barriers that they have to faces are threat of new entrants which that forces top management to monitor the trends especially in technology and this are always happened in competitive environment and will bring this new technology to rivalry among the existing firms...existing competitors are not much of the threat...typically each firm has found its 'niche'....with the existing firm, the threat of substitute products and services are high because there are many alternatives to a product or service.....as we can see this new technology and other existing technology before might be have the same function but there are different brands and also have a different price...so the barriers are switching cost that can make customer do not want to switch another product or service and this customer called as a loyal customers....in the supplier power also might be low for the company of this technology because customers have many choices to buy from...and the company will have high power of supplier ....it is barriers because the company want to supplier power are low between them...when this company have the same technology with the others company, the supplier might be the same also....for the buyer power, the barriers might occur for high power because buyers have many choices of whom to buy....this new technology are already exist but may be the function of this new technology are more than others.....
for the business of using cell phone as a payment method, it have value chain which means value-adding activities that convert inputs into outputs which, in turn, add to the bottom line and help create competitive advantage.....for the value chain of this business, the money or profit that they get from the payment will go to company or an organizations.....as their profit, they will create a new design and pay the supplier that supply the materials......when this are continuous activities, the company can run their business to more bigger market......
however, from all the benefits that got from this type technology, there are also many types of regulatory issues that might occur during the transaction from customer.....transaction like buy cloths, shoes, paying the bill or any else will lead to fraud....sometimes the products is not the same as sample or picture that had been showed.....there are also can happen when the company have taken the money but the products are not delivered to customer...the fraud also can be occur from customer as they can lie about their information such as they use others phones......the breakdown of system also can be an issues that occur and can make the transaction cancelled automatically....
Tuesday, 11 December 2012
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