For each company, disasters may have diverse impacts either financially or non-financially. Therefore, a company requires a business continuity plan. One important factor in developing such plan is ...Business Impact Analysis (BIA). With BIA, a company can identify and analyze Critical Business Functions (CBFs) and potential impacts on the business whether operationally or financially, and further, business recovery priority, strategy and solution can be determined following a disaster.Methodologies used in developing this BIA are quantitativeand qualitative where for aspects related to financials, quantitive method is used. Meanwhile, for those aspects\ related to non-financial areas, qualitative method is used. The development of this BIA was done through the dissemination of questionnaires to 62 business units in PT Bank XYZ. To draw the BIA, eight parameters were used, where as for the final result, there were three criticality levels found in the business units of PT Bank XYZ, i.e. very critical level - 18 business units (29%), critical level - 23 business units (37%) and less critical level – 21 business units (34%). In addition, there were 71 applications used by CBFs. Based on the results of this study, PT Bank XYZ can determine the priority and key strategies for business units that require handling and recovery when a disaster occurs to maintain the bank's business operation's continuity and sustainability.Withthat, the company can minimize the potential loss resulted from a disaster.
It is evidenced that manufacturing firms in order to be more competitive in market, must continuously update their product offers in order to better satisfy the customers’ requirements. Management ...should use the supply chain features more frequently, as the increased rate of product introductions, demands more from a business and needs more efforts to deliver the new products effectively and efficiently. To deliver the products at the targeted cost, time, and quality, the supply chain must be aligned with New Product Development (NPD) decisions. This will allow the manufacturing firm to overcome problems such as (partially) failed product launches due to the lack of product availability because of insufficient capacities. The integrated NPD-Supply Chain Management (SCM) enterprise has the benefit of increased supply chain capability, thus increasing the effectiveness of new product introductions and improves enterprise's performance. This research mainly focuses on automotive sector due to its supply chain environment being the subject of extensive research within its product development integration. The research also introduces the development of a framework that integrates flow of activities within the manufacturing enterprises and shows that this contributes all the business functions. It also aims to focus on using current modelling tools to represent the product development processes of its Original Equipment Manufacturer (OEM) and its suppliers. Through this research, the aim is to link the product development (PD) within a SCM context for an extended enterprise and to investigate the effect of the integration of SCM with NPD. The possible integration points will provide baseline guidelines to identify the key decision making points within the entire supply chain.
The integration of business processes with sensors and smart devices will result in a better alignment of enterprise systems with a physical world. More recently, Business Process Modeling Notation ...(BPMN) 2.0 has become a standard for the business process modeling. BPMN 2.0 defines the formal semantics of its elements and provides means for its extensibility. Sensors and smart devices are the means enabling further automation in enterprise application. There is a strong need for describing the information about physical devices on the business process level. In this paper, we propose BPMN 2.0 extensions according to the ARIS architecture and Linked Data principles in order to achieve better integration between the physical world and business processes. We introduce business function descriptions augmented with information from physical devices in order to promote business process discovery, analysis and execution.
This paper deals with the role of marketing information systems for service quality in Ethiopian industries in terms of their IT infrastructure, data acquisition, information processing, business ...function, and service quality. A quantitative survey of 42 Ethiopian industries in 2009 indicated that most of these industries are dominated by non-computerised information systems. The data acquisition and IT infrastructure strongly support the information process. Information processing significantly and positively predicts both service quality and business function. But the business function that uses processed data and information for its activities - such as planning, decision-making, and implementation - is not found to be a significant predictor of service quality. PUBLICATION ABSTRACT
In this paper, we propose a novel approach for monolith decomposition, that maps the implementation structure of a monolith application to a functional structure that in turn can be mapped to ...business functionality. First, we infer the classes in the monolith application that are distinctively representative of the business functionality in the application domain. This is done using formal concept analysis on statically determined code flow structures in a completely automated manner. Then, we apply a clustering technique, guided by the inferred representatives, on the classes belonging to the monolith to group them into different types of partitions, mainly: 1) functional groups representing microservice candidates, 2) a utility class group, and 3) a group of classes that require significant refactoring to enable a clean microservice architecture. This results in microservice candidates that are naturally aligned with the different business functions exposed by the application. A detailed evaluation on four publicly available applications show that our approach is able to determine better quality microservice candidates when compared to other existing state of the art techniques. We also conclusively show that clustering quality metrics like modularity are not reliable indicators of microservice candidate goodness.
This paper analyses the arguments for two competing ethical models of business. On the one hand there are theorists like Milton Friedman who claim that the sole social responsibility of business ...leaders is to maximise stockholder profits. On the other, there are those who argue that a business has ethical responsibilities to many stakeholders: employees, stockholders, retailers, customers, and so on.
I argue that a business has ethical responsibility over those functions and purposes over which it has the most autonomous control. The production and selling of products and services for customers is the primary purpose of a business. The generation of profit is a contingent purpose dependent on the exchange between the business and the customer. I define excellent functioning businesses as those that synergise the purposes of stakeholders to provide products and services with ethical outcomes. When ethical considerations and business interests between stakeholders conflict, the responsibility of a business to its customers has primacy over those related to business input stakeholders such as employees, stockholders and suppliers.
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