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Business Process Modeling
Business process modeling (BPM) is the action of capturing and representing business processes, processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated. BPM is typically performed by business analysts, with subject matter experts collaborating with these teams to accurately model processes. It is primarily used in business process management, software development, or systems engineering. Alternatively, process models can be directly modeled from IT systems, such as event logs. Overview According to the Association of Business Process Management Professionals (ABPMP), business process modeling is one of the five key disciplines within business process management, Business Process Management (BPM).Association of Business Process Management Professionals ABPMP (publisher): ''Guide to the Business Process Management common body of knowledge - BPM CBOK®'' in the translated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Actor (UML)
An actor in the Unified Modeling Language (UML) "specifies a role played by a user or any other system that interacts with the subject." "An Actor models a type of role played by an entity that interacts with the subject (e.g., by exchanging signals and data), but which is external to the subject." "Actors may represent roles played by human users, external hardware, or other subjects. Actors do not necessarily represent specific physical entities but merely particular facets (i.e., “roles”) of some entities that are relevant to the specification of its associated use cases. A single physical instance may play the role of several different actors and a given actor may be played by multiple different instances." UML 2 does not permit associations between Actors. The use of generalization/specialization relationship between actors is useful in modeling overlapping behaviours between actors and does not violate this constraint since a generalization relation is not a type of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in Exchange (economics), exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the value of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emergence, emerges more or less spontaneous order, spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant Gift economy, gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enterprise Architecture
Enterprise architecture (EA) is a business function concerned with the structures and behaviours of a business, especially business roles and processes that create and use business data. The international definition according to the Federation of Enterprise Architecture Professional Organizations is "a well-defined practice for conducting enterprise (economics), enterprise analysis, design, planning, and implementation, using a comprehensive approach at all times, for the successful development and execution of strategy. Enterprise architecture applies architecture principles and practices to guide organizations through the business, information, process, and technology changes necessary to execute their strategies. These practices utilize the various aspects of an enterprise to identify, motivate, and achieve these changes." The United States Government, United States Federal Government is an example of an organization that practices EA, in this case with its Capital Planning an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, corporate law law, or management) often adopt narrow definitions that appear purpose specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mission Statement
A mission statement is a short statement of why an organization exists, what its overall goal is, the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation. It may include a short statement of such fundamental matters as the organization's values or philosophies, a business's main competitive advantages, or a desired future state—the "vision". Historically it is associated with Christian religious groups; indeed, for many years, a missionary was assumed to be a person on a specifically religious mission. The word "mission" dates from 1598, originally of Jesuits sending ("missio", Latin for "act of sending") members abroad. A mission statement is not simply a description of an organization by an external party, but an expression, made by an organization's leaders, of their desires and intent for the organization. A mission statement aims to communicate the organisation's purpose and d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
August-Wilhelm Scheer
August-Wilhelm Scheer (born July 27, 1941) is a German Professor of business administration and business information at Saarland University, and founder and director of IDS Scheer Aktiengesellschaft, AG, a major information technology, IT service and software company. He is known for the development of the Architecture of Integrated Information Systems (ARIS) concept. Biography In 1972 Scheer received a PhD from University of Hamburg with the Dissertation, thesis "Kosten- und kapazitätsorientierte Ersatzpolitik bei stochastisch ausfallenden Produktionsanlagen". In 1974 he obtained his Habilitation also in Hamburg with a thesis about project control. In 1975 Scheer took over one of the first chairs for information systems and founded the institute for information systems (IWi) at Saarland University, which he led until 2005.'' References External links Scheer's institute in Saarbrücken(in German language, German) Scheer's personal web page* at ProcessWorld conference 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Informatics
Business informatics (BI) is a discipline combining economics, the economics of digitization, business administration, accounting, internal auditing, information technology (IT), and concepts of computer science. Business informatics centers around creating programming and equipment frameworks which ultimately provide the organization with effective operation based on information technology application. The focus on programming and equipment boosts the value of the analysis of economics and information technology. The BI discipline was created in Germany (in German: Wirtschaftsinformatik). It is an established academic discipline, including bachelor, master, diploma, and PhD programs in Austria, Belgium, Egypt, France, Germany, Hungary, Ireland, The Netherlands, Russia, Slovakia, Sweden, Switzerland, and Turkey, and is establishing itself in an increasing number of other countries as well, including Finland, Australia, Bosnia and Herzegovina, Malaysia, Mexico, Poland, India and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance Indicator
A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most. Often success is simply the repeated, periodic achievement of some levels of operational goal (e.g. zero defects, 10/10 customer satisfaction), and sometimes success is defined in terms of making progress toward strategic goals. Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. What is deemed important often depends on the department measuring the performance – e.g. the KPIs useful to finance will differ from the KPIs assigned to sales. Since there is a need to understand well what is important, various technique ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Requirement
In engineering, a requirement is a condition that must be satisfied for the output of a work effort to be acceptable. It is an explicit, objective, clear and often quantitative description of a condition to be satisfied by a material, design, product, or service. A specification or spec is a set of requirements that is typically used by developers in the design stage of new product development, product development and by testers in their verification process. With iterative and incremental development such as agile software development, requirements are developed in parallel with design and implementation. With the waterfall model, requirements are completed before design or implementation start. Requirements are used in many engineering fields including engineering design, system engineering, software engineering, enterprise engineering, New product development, product development, and process optimization. Requirement is a relatively broad concept that can describe any nec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Means Of Labor
The means of labor (also called instruments of labor) is a concept in Marxist political economy that refers to "all those things with the aid of which man acts upon the subject of his labor, and transforms it." (Institute of Economics of the Academy of Sciences of the U.S.S.R., 1957) Means of labor include tools, machinery, buildings and land used for production, and infrastructure such as roads, telecommunications networks, and so forth. Labor, itself, defines "work, especially hard physical work." The means of labor are one of three basic factors of production (Marx, 1967, p. 174), along with human labor and the subject of labor (the material worked on). The means of labor and the subject of labor comprise the means of production of society. In some formulations, the means of labor and human labor (including the activity itself as well as the laborer's skills and knowledge used in production) comprise the productive forces Productive forces, productive powers, or forc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guideline
A guideline is a statement by which to determine a course of action. It aims to streamline particular processes according to a set routine or sound practice. They may be issued by and used by any organization (governmental or private) to make the actions of its employees or divisions more predictable, and presumably of higher quality. A guideline is similar to a rule, but are legally less binding as justified deviations are possible. List of guidelines Examples of guidelines are: * Code of practice * EASE Guidelines for Authors and Translators of Scientific Articles * Federal Sentencing Guidelines * Guidelines for Examination in the European Patent Office * Medical guidelines * Publicly Available Specification A Publicly Available Specification or PAS is a standardization document that closely resembles a formal standard in structure and format but which has a different development model. The objective of a Publicly Available Specification is to speed up ... * Programmi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
