Business Divisional Structure: Managing Growth and Diversity
Introduction In the world of business, the ability to manage growth and diversity has become as crucial as the ability to produce. This shift was recognized by Alfred Sloan, who pioneered a divisional structure that would become the foundation of modern management practices. Unlike earlier business models, Sloan’s approach focused on adaptability and flexibility, enabling […]
The Balanced Scorecard Approach For Business
Objective setting is not an isolated process. As has already been discussed there is a need for managers to know the key criteria by which their performance against objectives will be measured. There is a clear link between setting objectives and the setting of performance measures. At the core of the balanced scorecard approach is […]
How Businesses Can Navigate the Age of AI (Artificial Intelligence)?
Navigating the age of AI can be a transformative journey for businesses, offering numerous opportunities for growth, efficiency, and innovation. Here are 10 strategies and considerations to help businesses successfully integrate and leverage AI: 1. Understand AI Capabilities and Limitations 2. Identify Business Needs and Opportunities 3. Invest in the Right Technology and Infrastructure 4. […]
What is Payanywhere?
Payanywhere is the payments platform for powering your business. With point of sale software, hardware, and business management tools, you’ve got everything you need to accept credit card payments, sell more to your customers, and keep your employees organized. Who we are Payanywhere is built by people who understand payments. We’re backed by North American […]
CYBERSECURITY BASICS – HOW TO PROTECT YOUR BUSINESS?
Cyber criminals target companies of all sizes. Knowing some cybersecurity basics and putting them in practice will help you protect your business and reduce the risk of a cyber attack. PROTECT YOUR FILES & DEVICES Update your software Update your software This includes your apps, web browsers, and operating systems. Set updates to happen automatically […]
Sustainability in Business Technology
Sustainability in business technology refers to the incorporation of environmentally and socially responsible practices within the realm of technology-driven business operations. It involves utilizing technology in ways that minimize negative impacts on the environment, society, and economy, while also promoting long-term viability and success for the business. Here are some key aspects and strategies related […]
HOW INFRASTRUCTURE SYSTEMS SERVE THE BUILT ENVIRONMENT
The function of infrastructure systems is to support flows and activities of people, goods, materials, and information in the built environment. Built areas are created by the construction industry and its partners in real estate, banking, and development. Transportation and communications systems provide for flows of people, goods, and information. Water and energy sustain the […]
SYSTEMS DEVELOPMENT AND ORGANIZATIONAL CHANGE
Building a new information system is one kind of planned organizational change. The introduction of a new information system involves much more than new hardware and software. It also includes changes in jobs, skills, management, and organization. When we design a new information system, we are redesigning the organization. System builders must understand how a […]
SCALING PLAN – I want to sustain & implement while exploring different ways of increasing the scale of my work.
Once a project or pilot has been successfully implemented, the next step is to build upon this success by sustaining and growing it further. Essentially this means extending the reach of your work to a bigger population. There are many ways of scaling up – from replicating the project across geographies, to collaborating with different […]
Protection of Systems – Secure Development Business Processes
Secure Development The information security manager’s role in systems and software development is key. You will be required to ensure that the output from any development projects running in your organization (or outsourced to a third-party development company) is secure, whether they are creating a new line-of-business application or a new infrastructure capability . “But […]
