Search results for "Business analysis"
showing 10 items of 16 documents
OMiLAB: A Smart Innovation Environment for Digital Engineers
2020
This position paper introduces a Smart Innovation Environment for experimentation related to digital transformation projects, for the consolidation of a proposed "Digital Engineer" skill profile (with a business-oriented facet labelled as "Digital Innovator"). In the Internet of Things era, this profile implies the ability to perform both digital design and engineering activities, to semantically bridge multiple layers of abstraction and specificity - from business analysis down to cyber-physical engineering. In the paper's proposal, this integration is enabled by conceptual modelling methods and interoperable modelling tools, tailored to support the creation of Digital Twins for innovative…
Business Process Management in Financial and Non-Financial Institutions: Payment Process Modelling in Financial Flows Management
2017
Business process management is a progressively developing area of science, which is seen as the most modern and forward-looking innovative. Modern business operations remain highly dependent on IT solutions to steer the processes. Business process management solutions have been the clue for easing daily business operations. IT solutions have actively penetrated the working environment in all areas of business, especially the financial sector. It is beyond to imagine modern financial markets and institutions without IT software support. Not only billing, calculation and payment processes, even stock pricing, market analysis and risk monitor tools are fully computerized through business proce…
Specification of Business Components
2003
Component-based software development is a potential reuse paradigm for the future. While the required technologies for a component-style system development are widely available, for instance Sun's Enterprise Java Beans, a problem inhibits the breakthrough of the component paradigm in business applacation domains: compared to traditional engineering disciplines there is a lack of standardized methods to describe business components. Such a description has to address several aspects: What services are offered and requested by a business component? How can these services be used? Are there any interdependencies between the services of a set of business components? What quality characteristics …
Information Systems and Business Strategy
2003
The main purpose of this chapter is to deep into the importance attached to the Information Systems for the proper formulation of the corporate strategy. After introducing the basis of the strategic planning tradition model, which suggests the subordination of the Information Systems (IS) to the Business Strategy, we propose a new model that views the IS as an strategic instrument suited for the strategy formulation stage, rather than operational tools for the strategy control phase. Success in the application of this model we call “Concurrent Business/IS Strategic Planning Model” will closely depend on the consistency, coherence and soundness of the IS, both internal and external. In order…
ANALYSIS OF BARRIERS FOR BUSINESS START
2016
Entrepreneurship is one of driving forces for economic development, in European Union it has to be paid more attention to keep competitiveness in the world. Various aspects of entrepreneurship including on barriers for business start are covered in research world-wide. The aim of the current paper is to analyse barriers of new business starters in Latvia. The tasks of the current research: analysis of theoretical findings in scientific publications; analysis of new business starters views on barriers for business start; to perform statistical analysis of new business starters evaluations on business barriers. Research methods: scientific literature studies, survey of entrepreneurs in the bu…
Institutional Logic of Business Bubbles: Lessons from the Dubai Business School Mania
2014
In this essay, we integrate institutional and business bubble perspectives to build a theoretical explanation for the growth and subsequent decline of the business school sector in Dubai during the period 2002–2012. The motivation for our research-based essay stems from the question: “How is it possible that the world’s top business schools simultaneously judged the market so badly and collectively invested in activities that, in retrospect, were far from economically rational and more closely resembled euphoria and mania?” Furthermore, we ask: “Why did business school leaders decide to enter the overcrowded Dubai market in particular, precipitating its boom-and-bust cycle? Our novel integr…
Applying constructivist approach to educational business games: Case REALGAME
2003
Business organizations and their employees face ever-increasing complexity and accelerating changes. This brings along the need for training models that can transmit knowledge and skills needed in this kind of environment. Business process understanding is especially required. This article evaluates business games in the light of constructivism, a view of learning emphasizing the need to anchor training to everyday activities and concrete contexts, and introduces a new computer-based business game. The purpose of this construction is to give the business game participants a realistic view of business processes and thus enhance participant business process perception. The primary aim of the…
Business models and opportunity creation: How IT entrepreneurs create and develop business models under uncertainty
2015
How can entrepreneurs develop business models for markets in which the technology is constantly changing-or create business models for markets that do not exist? These are fundamental questions for information technology IT entrepreneurs, and for information systems IS scholars who seek to develop a theoretical understanding of business models. The case study presented in this paper addressed these questions, demonstrating how a small software firm developed its business model over a 15-year period in cloud gaming markets. Based on the empirical findings, a preliminary theoretical model is presented. The aim of the model is to increase scholarly understanding of how business models are crea…
Understanding the determinants of business process modelling in organisations
2011
PurposeThe purpose of this paper is to address a theoretical gap in the business process management (BPM) literature on factors that influence the acceptance and use of business process modelling (PM) in organisations. The paper seeks to contribute to theory building and practice in BPM through better understanding of important determinants of PM adoption and use.Design/methodology/approachA combination of literature review and 34 interviews in context was used to develop a PM acceptance model that was subsequently empirically tested using survey data from 74 companies.FindingsThe paper provides empirical insights about how business PM can be influenced by many factors in the organisational…
The ‘magic square’: A roadmap towards emotional business intelligence
2014
Emotions are known to be an important driver in human behaviour and decision-making. In the business world, there is a growing belief that emotions are not an obstacle but rather an enabler for a successful business. Business intelligence (by providing analytical processing and convenient presentation of a business data) traditionally supports rational decision-making. However, opposite to former opinion that all decisions should be ‘cleansed’ of emotions, there are more and more indicators of the need for solutions supporting also emotional decision-making. The domain of emotional business intelligence, suggested in this paper, concerns emotional and emotion-aware decisions, intuition, inn…