...So many important things can compete for our attention in business that it is often difficult to see the trees for the woods. What’s more, it can be extremely difficult to get everyone on your team on the same page and focused on the overall goal. This is where critical success factors can help. Critical successful factors can be defined as “the essential areas of activity that must be performed well if you are to achieve the mission, objectives or goals for your business or project” (Mindtools, 2013). By identifying our critical success factors, we can create a common point of reference to help direct and measure the success of our business or project. The Irwin text states that “managing ourselves is probably life’s greatest challenge” (Irwin, 2006). We often find ourselves failing to do the simplest things—like getting to work on time or controlling what we say to others. Sometimes we find ourselves looking back on situations, wondering what we could have done differently to achieve the optimum results. Self-management takes a great amount of self-control on our parts because one must learn to conquer negative impulses and resist overreacting to situations that arise. We must assume positive attitudes and practice forethought. Being prepared for a situation shows a level of required competence, which allows us to build skillful relationships where we understand everyone’s differences and recognize conflicting agendas. How well we work with one another determines...
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...38b014 Critical Success Factors for Online Distance Learning in Higher Education: A Review of the Literature Bussakorn Cheawjindakarn1, Praweenya Suwannatthachote2, Anuchai Theeraroungchaisri3 1 Faculty of Education, Chulalongkorn University, Bangkok, Thailand Faculty of Pharmaceutical Sciences, Chulalongkorn University, Bangkok, Thailand Email: bussakornonline@gmail.com, praweenya@gmail.com, anuchai@gmail.com 2 Received 2012 The aim of this paper is to specify the Critical Success Factors (CSFs) for Online Distance Learning (ODL) in Higher Education (HE). Research methodology was analyzing and synthesizing the literature review. The literatures were reviewed to determine items relevant to online learning success as implementation, criteria and indicator. A total of 19 papers, published during 2000-2012, were selected from Chulalongkorn University reference databases. Data analysis method was using one of the popular analysis techniques for qualitative research works or the content analysis. The results on the CSFs for ODL can be grouped into 5 factors: 1) institutional management, 2) learning environment, 3) instructional design, 4) services support and 5) course evaluation. Each of these 5 factors includes several important elements that can assist to enhance efficiency of online learning courses in higher education institutions. It is a concrete approach to lead functions of an online institute or course in all levels to the same directions for achieving the success of the...
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...Hilton The critical success factors of a company are the essential features and elements of an organization that contributes to the organizations success within its industry. Since its founding in 1919 by Conrad Hilton in Cisco, Texas, Hilton Worldwide has remained a frontrunner within the hospitality industry. Currently, it is one of the largest hospitality companies in the world with over 10 brands and offering 3900 hotels worldwide. Hiltons reign as a leader within the hospitality industry is contributed to its four key success factors which includes providing a level of customer service that enhances the customer experience, competitive marketing, effective cost management and brand differentiation. One of the ways that Hilton has become so successful is due its outstanding customer service. It provides its guests with a hotel experience that is unrivaled. It is known for leaving a lasting impression by the level of service it provides. In order to deliver the superior service, which is boasted about throughout the world, Hilton enrolls its staff in an extensive training program to ensure they have the knowledge and skills needed to efficiently perform their job functions. Having a knowledgeable staff that is courteous coupled with effective problem resolution skills helps to provide the award winning service that is attached to the Hilton brand. Another critical success factor for Hilton is its marketing and advertising strategy. Due to the wide variety of brands it appeals...
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...Critical Success Factors of Enterprise Systems Name Institution OUTLINE Critical success factors for enterprise development 1. Business plan and vision 2. Change management 3. Management support and championship 4. Communication 5. Project management 6. Enterprise systems team 7. Business process re-engineering 8. Systems analysis and technical implementation Introduction Business ventures have taken a giant leap in adopting technology. The storage of business information is necessary in order to integrate all the resources of a company. There was a need for a system that could perform these functions with ease, and provide the management with a chance to put together their enterprise data. The enterprise system was developed to cater for this. It is a computerized information system that puts together large amounts of data that can be retrieved. It is used mainly for large companies whereby information relating to the various structures and operations of the company can be stored and retrieved when required.(Noha and Delgado, 2006) various factors that make the system efficient were identified, and they are discussed here in this paper. Success factors of enterprise systems. 1. Business plan and vision A business plan should be drawn to give direction to the company. It acts as the rationale as to why people engage in a business venture. The business plan should state the goals of the business, the mission and the vision...
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...Name: Shawntara McCaskill Course: Fundamentals of E-Business Instructor: Evangeline Jefferson Date: August 21, 2011 In recent years as ecommerce sales have increased in comparison to traditional stores, many businesses and individuals have turned to online shops in their attempts to run a business online. There are other ways to make money online, such as affiliate programs and advertising sales, but selling products will give you more control and the opportunity to make more money. Site-Wide Search Engine Visitors can't buy products that they cannot find. Obviously, it's critical that your ecommerce site helps them to easily find what they want, and a good site search function is critical for this. Visitors should be able to enter descriptive words or item numbers and get accurate, helpful results. * Search engines work best with lots of content. So, if you have a large web site like Microsoft, eBay, or the New York Times, you definitely want a search engine. However, most of us do not have sites nearly that large. * Search engines work best when they have lots of content to sift through. A search engine is only as good as the results it brings back. When a search is used on a small site, often the results page says something like "No results matched your search terms." * If your site search keeps returning poor results for people, it may be an indication that your site does not yet have enough content for this tool. Consider some more appropriate alternatives...
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...Knowledge of Cultures and Politics as Critical Success Factors in Enhancing Managers Success in Managing International Business Dzulfakar Bin Abdullah (Student no: 20131241445) UiTM Programme Code : BM 995 (Doctor of Philosophy in Business Management) Course Code : MGT 950 (Global Strategic Sustainable Management) Assignment 3: Theoretical Paper Lecturer : AP Dr Roshidi Hassan ABSTRACT Business life in the new millennium is becoming increasingly global. The concepts of globalization apply to both large multi-national corporations as well as to local organizations. Knowledge of local culture and politics has become critical success factors (CFSs) for multi-national corporations in their effort for global expansion. Thus in enhancing the success of managing international business (IB) managers must have knowledge of local cultures and political situations. Research on the impact of local culture and political stability on successful management of international business has become of interest only recently due to globalization process. The paper reviews several literatures that try to prove that knowledge of culture and political situation as CFSs for the success of managing international business. Keywords: Critical Success Factors (CFSs), Knowledge, Culture, Politics, International Business, Success. Knowledge of Cultures and Politics as Critical Success Factors in Enhancing Managers Success in Managing International Business Introduction Globalization...
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...Author: Saiful Islam Research Title: Critical Success Factors for implementing an ERP System in a University Environment. Purpose of the Research Proposal: Submitted for the requirements of the admission in Doctoral Program. 1. Introduction The proposed research project will study involves the factors that influence an implementation of an enterprise-wide information system in a large organisation. More specifically, it will examine what the critical success factors (CSF) are for implementing an Enterprise Resource Planning (ERP) system in a university environment. This Research proposal introduces the research project that will be undertaken, giving an outline of why such research needs to be done, placing the research in context and demonstrating its importance. The research questions are then outlined. 1.1. Research Topic Introduction As discussed above, this research project involves the ERP phenomena and specifically ‘what factors can be seen as critical when implementing an ERP system in a university environment’. Issues regarding the software vendor providing the ERP system are outside the scope of this research project, as is the actual measurement of the critical success factors or the dependency relationship between the factors that will be identified. A theoretical framework (TF) will be developed in order to aid the research process. The framework will list broad factors derived from current literature and...
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...A CRITICAL ANALYSIS OF THE ARTICLE “THE CRITICAL SUCCESS FACTORS OF BUSINESS PROCESS MANAGEMENT” WRITTEN BY TRKMAN (2010) COHORT 5 (BSS001-6) TABLE OF CONTENTS Pg 1. Executive summary……………………………………………………….......3 2. Introduction……………………………………………………………….…....4 3. Importance of the Study……………………………………………………....5 * BPMs relevance & Importance to Information Systems……………...5 4. Research problems and significance………………………………….........6 5. Contributions and originality……………………………………………...….7 6. Theoretical arguments………………………………………………………..8 *The Contingency Theory……………………………………………...….8 * Dynamic Capabilities Theory:……………………………………..…….9 *Task Technology Fit………………………………………………..….….9 7. Research methods ……………………………………………………..….....9 *An outline of the methods used for the research study……..…......…9 *Description of methods…………………………………………….......10 *Analysing the Methods suitability for the study………………………10 8. Key Findings of the study ………………………………………………..…12 9. Research Limitations ……………………………………………………….13 10. Suggestions for future research……………………………………….….14 11. Conclusion…………………………………………………………………...15 12. References…………………………………………………………………..16 13. Appendix* EXECUTIVE SUMMARY According to Zairi’s (1997) definition, BPM...
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...Afghanistan’s Marble Industry Critical Success Factors 2012 Online MBA Study Report By: Mohammad Aman Nawabi Navid Miakhel Mohammad Aziz Taher Elyas Ghiasi Contents Introduction ...................................................................................................................................................... 3 Literature review .............................................................................................................................................. 4 Methodology .................................................................................................................................................... 4 Marble in Afghanistan ...................................................................................................................................... 4 Production Process ........................................................................................................................................... 8 Marble & Onyx Production Process .............................................................................................................. 8 Cutting to Pieces ....................................................................................................................................... 8 Shape Cutting............................................................................................................................................ 8 Grinding and Rubbing .....................................
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...496 Critical Success Factors for E-Learning Adoption Spiros Borotis Athens University of Economics and Business, Greece Panagiotis Zaharias Athens University of Economics and Business, Greece Angeliki Poulymenakou Athens University of Economics and Business, Greece Chapter XXXV ABSTRACT E-learning attracts considerable interest in contemporary corporate training curricula. As it concerns a considerable investment, organizations that tend to adopt and maintain it effectively and efficiently in the long term need to learn from the pioneers. Authors’ experience and extensive literature review lead to 11 critical success factors, which promise to increase the awareness towards the most common impediments. Those critical success factors include the alignment with business objectives; leadership; empowerment of the learning aspect; technological infrastructure; blended instruction; careful design; evaluation and feedback; time and space to learn; motivation to learn; usability; and complete knowledge of learners’ characteristics. Copyright © 2008, Idea Group Inc., distributing in print or electronic forms without written permission of IGI is prohibited. Critical Success Factors for E-Learning Adoption INTRODUCTION E-learning is increasingly recognized as an important mean in delivering effective and relevant training in the workplace. This new training delivery mode exploits the power of Web networking and capitalizes on corporate technology infrastructures...
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...JOLLIBEE FOODS CORPORATION: INTERNATIONAL EXPANSION ------------------------------------------------- By Group 4 CASE BACKGROUND Jollibee Foods Corporation (JFC) is the most successful fast food chain in the Philippines. It started out as an ice cream parlor owned by the Tan family, headed by Tony Tan Caktiong (TTC) as President. Brought about by oil crisis which doubled the price of ice cream, JFC diversified into hamburgers in the year 1977. Jollibee’s philosophy is epitomized by “Five Fs” – Friendliness, Flavorful food, Fun atmosphere, Flexibility in serving customer needs, and Focus on families. Though it began as a family business, eventually, it went public in 1993. JFC expanded its business through acquisition of other food chains but Jollibee stores remained the bread and butter of the parent company, contributing 85% of total revenues. Jollibee had grown quickly having a total of 223 stores worldwide by the end of year 1997. Jollibee ventured into overseas expansion attempts since 1985 but were mostly unsuccessful due to location and partner issues. In 1993, TTC hired an Australian national Tony Kitchner (who was the former VP for International Operations in Pizza Hut for 14 years), to lead JFC International Division in order to push its international presence at full throttle. Tony Kitchner initiated many drastic changes in the division from modifying office design and dress code to pushing aggressive expansion strategies and rebranding Jollibee’s image offshore...
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...long range planning Long Range Planning 34 (2001) 357-381 www.lrpjournal.com Success Factors of Strategic Alliances in Small and Medium-sized Enterprises—An Empirical Survey Werner H. Hoffmann and Roman Schlosser Strategic alliances are increasingly gaining favour over go-it-alone strategies for organisations to achieve fast and economical growth. This study aims to identify critical success factors in alliance-making with special consideration given to the specific situation of small and medium-sized enterprises (SMEs). A comprehensive questionnaire was used to interview a random sample of key executives in 164 Austrian SMEs. This paper reports on the results of that empirical survey, and seeks to identify the weights of various success factors in alliance-making in SMEs. The results show that “soft” facts such as trust are important for alliance success, but not on their own sufficient. Also “hard” facts such as strategic compatibility and appropriate governance mechanisms have an important influence on alliance success. Careful strategic planning and good partnership preparation are essential for alliance success, but the full value of an alliance has to be developed as it evolves. k 2001 Elsevier Science Ltd. All rights c reserved. Introduction Interfirm collaborations, such as strategic alliances and joint ventures,1 have become important business management instruments to improve the competitiveness of companies, especially in complex and turbulent environments...
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...Practice Problems: Location Strategies Problem 1: A major drug store chain wishes to build a new warehouse to serve the whole Midwest. At the moment, it is looking at three possible locations. The factors, weights, and ratings being considered are given below: | | Ratings | Factor | Weights | Peoria | Des Moines | Chicago | Nearness to markets | 20 | 4 | 7 | 5 | Labor cost | 5 | 8 | 8 | 4 | Taxes | 15 | 8 | 9 | 7 | Nearness to suppliers | 10 | 10 | 6 | 10 | Which city should they choose? Problem 2: Balfour’s is considering building a plant in one of three possible locations. They have estimated the following parameters for each location: Location | Fixed Cost | Variable Cost | Waco, Texas | $300,000 | $5.75 | Tijuana, Mexico | $800,000 | $2.75 | Fayetteville, Arkansas | $100,000 | $8.00 | For what unit sales volume should they choose each location? Problem 3: Our main distribution center in Phoenix, AZ is due to be replaced with a much larger, more modern facility that can handle the tremendous needs that have developed with the city’s growth. Fresh produce travels to the seven store locations several times a day making site selection critical for efficient distribution. Using the data in the following table, determine the map coordinates for the proposed new distribution center. Store Locations | Map Coordinates (x,y) | Truck Round Trips per Day | Mesa | (10,5) | 3 | Glendale | (3,8) | 3 | Camelback | (4,7) | 2 | ...
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...weak points relative to their competitors. The CPM score is measured on basis of critical success factors, each factor is measured in same scale mean the weight remain same for every firm only rating varies. The best thing about CPM that it include your firm and also facilitate to add other competitors make easier the comparative analysis. IFE matrix only internal factors are evaluated and in EFE matrix external factors are evaluated but CPM include both internal and external factors to evaluate overall position of the firm with respective to their major competitors. The competitive profile matrix consists of following attributes mentioned below. Critical Success Factors Critical success factors are extracted after deep analysis of external and internal environment of the firm. Obviously there are some good and some bad for the company in the external environment and internal environment.The higher rating show that firm strategy is doing well to support this critical success factors and lower rating means firm strategy is lacking to support the factor. Rating Rating in CPM represent the response of firm toward the critical success factors. Highest the rating better the response of the firm towards the critical success factor ,rating range from 1.0 to 4.0 and can be applied to any factor. There are some important point related to rating in CPM. Rating is applied to each factor. The response is poor represented by 1.0 The response is average is represented...
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...INTERNATIONAL JOURNAL OF COMPUTERS Issue 4, Volume 6, 2012 Strategic and tactical success factors in ERP system implementation K. Curko1, D. Stepanic2, M. Varga3 Abstract— In order to successfully implement an ERP system it is necessary to properly balance critical success factors. By researching what the critical success factors in ERP implementation are, why they are critical, and to what extent they are relevant to users, consultants and suppliers, this paper seeks to identify critical success factors in ERP implementation and to understand the impact of each factor on the success of ERP system introduction. This paper lists ten critical success factors (CSF) providing two points of view: strategic and tactical. These are: top management support, a business plan and vision, top management support, change management program, project management, implementation strategies, project team, business process modeling and minimal customizations, monitoring and performance evaluation, software development, testing and troubleshooting, legacy systems. Keywords— ERP implementation, critical success factors, IT project, management I. INTRODUCTION Complex IT projects, such as developing and especially implementing ERP systems often fail. Many studies indicate a small success rate in terms of exceeding the time limit, budget and poor functionality of the new system. Successful ERP projects bring great benefits to the company, but can also be devastating to organizations...
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