The business application of Management Information System has expanded significantly over the years. Technology advances have increased both the availability and volume of information for managers and the decision makers for both planning and execution. Decision makers require information to assess and monitor performance at all levels of the organisation. The new role focused on developing bus…
Managers need to understand why people behave as they do. To get things done through other people, you have to know why they behave in a certain manner. Understanding past behaviour is also important in itself for developing human skills. Understanding why people did what they did yesterday enables a manager/supervisor to predict how they are likely to behave tomorrow, next week, and next mont…
Here are the highlights of the attached White Paper on risk management as relates to condominium projects: There has been incredible growth in the housing market nationwide. Construction defect litigation has exploded in several states, drawing aggressive plaintiff law firms to what has become a “cottage industry” of filing suits on behalf of condominium owners and Homeowner Associat…
This thesis investigates the impact of the Total Quality Management (TQM) movement on the logistics industry as a whole, and, more specifically, its impact within the trucking industry. Its focus then narrows to study the practical aspects of implementing a W. Edwards Deming- based quality program within a particular trucking company,MasonTransporters,Inc. The effectiveness of the company's imp…
The underlying premise of enterprise risk management is that every entity exists to provide value for its stakeholders. All entities face uncertainty, and the challenge for management is to determine how much uncertainty to accept as it strives to grow stakeholder value. Uncertainty presents both risk and opportunity, with the potential to erode or enhance value. Enterprise risk management …
This paper was prepared for the Intermodal Freight Transportation Institute (ITFI) at the University of Memphis to help advance research, education, and outreach related to intermodal freight transportation. The primary audience for the paper includes IFTI faculty, staff, and students as well as representatives of the public and private organizations that support IFTI. The paper is part of an …
PREFACE This guide is a catalogue of ideas, information, services and material available to those interested in energy conservation. It is intended to stimulate food and beverage processor's interest in energy conservation and give information on how to get an energy management program started. More specific information is available and advice should be sought from qualified engineering st…
Although strategic management of R&D portfolios is common practice in private sector R&D, government R&D management tends to be more discrete and ad hoc, focusing on generating maximum output from individual projects. Often, there is no clear notion of the desired public sector output.Whereas private sector R&D evaluation is generally straightforward, with the function of R&D being measured…
The purpose of this research is to introduce structures of strategic management of technology as elements in a conceptual framework. Design/methodology/approach: The approach of this study is abductive. The original framework is expanded and validated through inference to findings of large and small to medium-sized enterprise practices through interviews, finally ending on theory matching. …
This project was commissioned by COSO, which is dedicated to providing thought leadership through the development of comprehensive frameworks and guidance on enterprise risk management, internal control, and fraud deterrence designed to improve organizational performance and governance and to reduce the extent of fraud in organizations. COSO is a private sector initiative, jointly sponsored…
This paper suggests that due to the changing nature of the firm, viewing shareholders as the sole residual claimants is an increasingly tenuous description of the actual relationships among a corporation’s various stakeholders. Thus, a shareholder wealth perspective is increasingly unsatisfactory for accurately answering the two fundamental questions concerning the theory of the firm: that of…
This paper studies a strategy that minimizes the risk of a position in a zero coupon bond by buying a percentage of a put option, subject to a fixed budget available for hedging. We consider two popular risk measures: Value-at-Risk(VaR) and Tail Value-at-Risk (TVaR). We elaborate a formula for determining the optimal strike price for this put option in case of a Hull-White stochastic interes…
Established businesses are trying to take advantage of the opportunities and minimize the threats presented by e-business. Although e-business has emerged as a strategic imperative for many firms, v/e found that vision and strategy paled in importance compared to learning and implementation in the process of transforming to an e-business organization. Regardless of their strategic objectives…
This book is aimed at students, graduates, and practitioners in all fields of the built environment. The secund edition has been subject tu a cunsiderable overhaul from the publication of tlie first edition in 1991. At that time the constriaction industry was in the midst of a severe recession and construction corporations were actively considering strategic issues. The professions were st…
This document is a practical guide for integrating software risk management into a software project. The purpose of Risk Management is to identify, assess and control project risks. Identified risks are analyzed to determine their potential impact and likelihood of occurrence. Risk Management Plans are developed to document the project’s approach to risk management, risks, and decisions made …
This paper studies how soft Operational Research methods can be addressed at strategic management tasks. Applying these methodologies to strategic decisions in an organisation helps giving a broader view of the problematic situation is being faced, considering not only the company itself but also its environment. When managers deal with decision-making situations, they often find many diffe…