...International cities Creating value and competitiveness for international cities NYC case ICT and connectivity Greta Nasi Bocconi University p. 2 An urban world Globalization and the knowledge economy have repositioned cities as drivers of national economies 2025: 75% of the world population will live in cities 2025: 17 of the world’s 25 largest cities will be in coastal regions in Asia 1925:25% of the world population will live in cities Greta Nasi Bocconi University p. 3 Global economy and international cities World is changing fast. Different trends are affecting cities and fostering a new age of urbanizations and metropolitanization To succeed cities must adjust (and need to be): open, integrated, diverse, connected, skilful, innovative, investable, attractive, sustainable, stable and safe This requires investments, strong coordination of programs and policies, effective tools for intervention: cities need partnerships with global corporations and small businesses to achieve this in order to create opportunities for business growth Greta Nasi Bocconi University p. 4 What are international cities? A close look An international city is a city deemed to be an important node point in the global economic system. They are also known as global cities, world cities or alpha cities It is routed in the principle of globalization according to a hierarchy of importance to the operation of the global system of finance and trade The most complex...
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...THE APPLICATION OF INNOVATIVE MANAGEMENT ACCOUNTING PRINCIPLES FOR ENHANCING PROFITABILITY AND COMPETITIVENESS: AN EXPLORATORY STUDY OF JAMAICAN MANUFACTURERS Phillip C. James University of Technology, Jamaica College of Business and Management School of Business Administration ABSTRACT This study represents the first in management accounting research in Jamaica which seeks to determine the extent to which innovative management accounting principles (IMAPs) are applied in the manufacturing sector. The aim is to determine if manufacturers in Jamaica are using IMAPs to improve export competitiveness and enhance profitability .The study also seek to determine the factors that prevent manufacturers from adopting these management accounting principles. Five manufacturing organizations were examined using an exploratory case study approach. Results indicate that companies adopting IMAPs have more reliable information for decision making, higher levels of profitability and competitiveness when compared with non- adopting companies. Key Words: Innovative Management Accounting Principles, Profitability, Competitiveness 1. INTRODUCTION The manufacturing environment of the twenty-first century has changed considerably when compared with what existed decades ago. Arising from this development and with the increase in global competition, the need for accurate cost information has become an imperative. Manufacturers worldwide have suddenly realized that the continued use...
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...motivation for creating the eChoupal? - To achieve goal of from current $100M to $442.6M (growth) - Business model that would bring the IBD up to speed - To increase ITC’s margins/profits through savings, and added business, through maximizing the presence of a one-stop shop service that attract farmers - To skip middle-level transactions/processes that complicate value chain and which introduces more costs - To improve competitiveness and efficiency of the entire value chain so the business achieves its full potetntial - In order for the source, the farmers to have information to understand their product in a global context so that they could plan their activites with more confidence –> Farmers make informed choices - Answer some problems of the value chain: o Prob 1: CA or commission agents pocket the diff between the bid and selling price to ITC o Prob 2: inaccurate weighing as farmers lose an average of $2.22 per lot or 10kg o Prob 3: delayed / credit payments to farmers o Prob 4: slow transaction process / farmers have to wait o Prob 5: farmers have no choice and couldn’t turn down the offers of CAs o Prob 6: no warehouse for farmers o Prob 7: prices only discovered by farmers at the end of their growing and selling process o Prob 8: farmers did not have options and information, and was used to subsistence living - In order to reduce cost and inefficiency, current supply...
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...COLLEGE OF BUSINESS FIRST SEMESTER SESSION 2013/2014 BKAS 3103 INFORMATION SYSTEMS STRATEGIC PLANNING GROUP A INDIVIDUAL ASSIGNMENT : ”THE THREE ERA’S” PREPARED BY: NADIA ABDULLAH 213802 SUBMITTED TO : PUAN RAJA HASLINDA BINTI RAJA MOHD. ALI SUBMIT DATE: 3RD OCTOBER 2013 Three-era model is the era consists of data processing, management information system and strategic information system. Data processing (DP) is a process to convert for a set of inputs which is like raw data that will produced outputs. Output for example information and even facts. Management information systems (MIS) is basically using computer system to manage the organizations effectively and efficiently. Strategic information system (SIS) is typically using computer system in order to manage competitiveness in this whole flexible business changes. Data processing started in the 1960's followed by Management Information system in years of 70's and beginning of new era in 1980's of strategic information system. This three era is the process of developing better basically computer system but on different business areas. As we all know the computer for a person is to collect data, process data and turn it into an information. However, in an organization these system helping them in improving the effectiveness and the efficiency of operation, management and competitiveness among this rapidly changing of business world. The Data processing and Management information system is the...
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...ERP by giving background information, discusses the evolution of ERP systems, analyses the advantages and limitations of ERP systems, and concludes by giving a summary of the important aspects of ERP discussed. Enterprise resource planning in the global marketplace, advantages and limitations Introduction The entrepreneurial scene and global market have become more vibrant in the recent years, and for this reason, there have been debates and concerns on how enterprises and companies should enhance their competitiveness and agility. The greatest concern in the business world is profitability, and in accomplishing this, enterprises have put in place strategies and measures that gradually help make strides towards the desired direction. Another primary focus of enterprises is to see an improvement of their business agility and to accomplish this, enhancements have been made including efficiency of production, product and service quality, as well as response time to consumers. A fundamental aspect of the accomplishment of the mentioned enhancements and objectives is information technology. As much as its installation and implementation in enterprises is costly, the myriads of benefits that accompany it cannot be overlooked. Attention should be shifted from integrating information technology solely to into the automation of enterprises' business process to integrating the same into other developmental sectors that in the long run could play an integral role in the achievement of profitability...
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...NIGERIAN TURKISH NILE UNIVERSITY, ABUJA DEPARTMENT OF BUSINESS ADMINISTRATION EXECUTIVE MBA HUMAN RESOURCE INFORMATION SYSTEM HUMAN RESOURCE MANAGEMENT: MBA807 PREPARED BY ENEJO JOHN ID NUMBER: 151323006 Table of Contents INTRODUCTION ............................................................................................................................... 2 HISTORY AND EVOLUTION OF HUMAN RESOURCES SOFTWARE ................................................... 3 Defining Different Types of HRIS Solutions..................................................................................... 5 What Are HR Systems Managing? .............................................................................................. 5 What Are the Main HR Software Solutions? .............................................................................. 5 HRIS Solutions ............................................................................................................................. 5 HCM Solutions............................................................................................................................. 6 HRMS Solutions ........................................................................................................................... 6 HUMAN RESOURCE INFORMATION SYSTEM-DEFINITION.............................................................. 7 HRIS – Why it is needed? .................................................................
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...Introduction Information and communication technologies (ICT) refer to several forms of information exchange between two or more computers through any of the several methods of interconnection. These technologies provide speedy, inexpensive and convenient means of communication. The adoption of these technologies in many countries by different sectors of the economy have been found to have direct positive impact on the organizations's efficiency and have led to more rapid acceleration of development in these countries. In Nigeria, however, preliminary investigations show that only a few organizations in the economy have adopted the ICTs, but there has not been formal study to determine the level of adoption and impact on the efficiency of the organizations and the consequent effect on the nation's economy. This study, is therefore, designed to determine the level of adoption in the Nigerian organizations, and the impact on the operations of these organizations as well as investigating the factors responsible for the present level of adoption of these technologies in the organizations. Globalization of the social economy will further increase during the 21st century. The mission of international air transportation will become more important, and all airports around the world will have a significant role to play. Furthermore, it is predicted that air transportation demand in the world will double over the next 15 years. In the meantime, since the September 11, 2001 terrorist attacks...
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...Information Systems could be classified as follows (Bagad, 2011): • Operations support systems: are systems that process data generated by business operations, as transaction processing systems. process control systems and office automation systems • Management Support Systems: are systems that enable effective decision making by managers, as management information system, decision support systems and executive information system. Computer-Based Information Systems (CBIS) rely on computer hardware and software and processing operations functions work according to pre-established set of procedures, and sequences of instructions and then information dissemination the user (Institute of distance and open learning, 2011). 2. 4. Core competencies...
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...in manufacturing industry and then explores the leadership roles of the engineer in the management of the value chain. Furthermore, this report analyzes the benefits of using an engineer in the value chain management and points out that the engineer is best suited to perform the value chain management role. Table of Contents Introduction 2 The Value Chain in manufacturing industry 2 Role of the Engineer in Value Chain 4 Main Management Actions of Value Chain 4 Leadership Role in the Value Chain Management 4 Benefits of Using an Engineer in Value Chain Management 5 Conclusion 6 References 7 Introduction The demands of the new economy caused by globalization have changed the focus of companies from internal efficiency to the creation of value in the extended enterprise, including their suppliers, alliance partners, distributors and customers. The concept of value chain has attracted a great deal of attention from managers and researchers. Porter (1985) described the value chain as a complex series of activities through which a product or service is designed, produced, marketed, delivered and supported and these activities coordinate the nexus between supply and demand. This report explains the leadership roles of the engineer in the value chain management and argues that the engineer is best suitable for performing the value chain management role. The Value Chain in manufacturing industry Value...
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...USAID’s Microenterprise Development office (USAID/MD). USAID/MD applies the approach to drive economic growth with poverty reduction through the integration of large numbers of micro- and small enterprises (MSEs) into increasingly competitive value chains. 1 By influencing the structures, systems and relationships that define the value chain, USAID helps MSEs to improve (or upgrade) their products and processes, 2 and thereby contribute to and benefit from the chain’s competitiveness. Through this approach USAID enables MSEs—including small-scale farmers—to create wealth and escape poverty. The value chain approach has distinctive features in terms of both i) the scope used in analyzing an industry (addressed in the following section: “What is the Value Chain Approach?”), and ii) the tangible and non-tangible considerations used in designing and implementing interventions (“How is the Value Chain Approach Implemented?”). The features discussed in this paper are not necessarily unique to the value chain approach; but few, if any, other economic development approaches simultaneously emphasize all of these features: • A market system perspective • A focus on end markets • Understanding the role of value chain governance • Recognition of the importance of relationships • Facilitating changes in firm behavior • Transforming relationships •...
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...5 ways of improving competitiveness of Indian industry 1. Innovation - Research and development R & D expenditures in India are inadequate. India as a whole spends only 0.85 % GDP on research and development. Focus should be on development of indigenous technology, efficiency and adaptation of imported technologies. Also government has to come up with industrial and trade policies which will promote research and development. The industries should make alliances with educational systems for providing solutions to practical problems face by them. The alliances in business and education should focus on identifying creative, flexible partnership models between governments, industry, and the academic community. Industries should also provide necessary funding and infrastructure to set up laboratory in educational institutes. They should promote students for doing extensive R & D and acquiring patents. The renewable energy and sustainable resources track highlighted opportunities in the renewable and alternative energy sector that are keys to creating greater energy security and economic competitiveness. 2. Information Technology (IT) systems Information technology (IT) is playing & will play a crucial role in Indian industries. It has transformed the whole world into a global village with a global economy, which is increasingly dependant on the creative management and distribution of information. IT provides the communication and analytical power that industries need...
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...Competitiveness and Performance Effectiveness for Health Care IT Systems Ahnna M Atkins HSA 315 Health Information Systems Dr. Andrea Strayer Univerity Competitiveness and Performance Effectiveness for Health Care IT Systems Characteristics and Roles of a CTO and a CIO Information technology (IT) has seen many improvements and this means that all organizations have to embrace these technologies for them to remain competitive in the market. In order to improve services in health care institutions, majority of organizations across the world have embraced the use of IT in their operations. IT enables organizations to make their work easier because of the improved systems of communication. Communication between employees and the management has been made easier, this means that information could be in real time. Health care organizations have priorities, which must be met at all times in order to ensure that patients and other stakeholders are happy when dealing with the organization. Health care institutions' managements must avoid responsible people who would run all IT processes for the organization. Although many people frequently confuse the roles of the Chief Information Officer (CIO) and Chief Technology Officer (CTO),they each have well defined roles which he or she must perform in order to ensure smooth running of the health care organization (Rothfeder & Driscoll, 2013). A CTO It is worth noting that technological...
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...The Role of Transport Management Systems in Logistical Efficiency Name: William Date: 19/11/2013 The Role of Transport Management Systems in Logistical Efficiency Over the years the importance of logistical operations has grown to cover virtually all operations associated with supply chain management for any typical organization. In addition, the use of information and communication (ICT) systems is quickly gaining popularity with any organization which aims at improving its productivity and service delivery. Consequently, logistical functions and specifically transportation management systems (TMSs) are consistently under strain to demonstrate significant contribution towards accomplishment of organizational objectives (Vanselous, 2013). Furthermore, with the current digitization of organizational operations, TMSs as well as corresponding logistical systems are quickly becoming the norm for organizational logistical efficiency. In this regard, in order to thoroughly understand the role of TMSs it is imperative to conduct further investigations on their impact on overall logistical efficiency. In order to understand the role of transportation management systems, first, it is important to understand the difference between logistical efficiency and logistical effectiveness. According to Fugate, Mentzer and Stank (2010), logistical efficiency refers to organizational processes that involve the actual movement of products and services from one location to another within...
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...Oracle vs. PeopleSoft David Fox James Hill Matt Tschabold June 6, 2006 Contents Oracle, PeopleSoft & Reasons for the Takeover 2 ERP & the Role it plays in Business 4 An Overview of the Takeover 6 Oracle, PeopleSoft & Reasons for the Takeover Oracle began operations in 1977. Founded by Larry Ellison its focus was on information services. With computers and information operations beginning to play a more significant role in business, Oracle began to capitalize on the need for products and services in the IS market. Its services included and still include today - database software, security, data warehousing, enterprise management software, consulting, radio frequency identification devices and more.[1] PeopleSoft was founded ten years after Oracle in 1987. Dave Duffield and Ken Morris created PeopleSoft to focus primarily on ERP software. As many IS technologies were beginning to show their age and a need for newer types of operations to compete with foreign firms emerging, PeopleSoft was looking for a way to create a profitable company. Both founders saw the opportunity of enterprise resource planning as a new technology which would take off in future years.[2] The takeover of PeopleSoft by Oracle was a long and complicated legal and public opinion battle. The takeover itself had several reasons but one was the most significant. To begin Oracle was increasingly finding it was in a market which was becoming more competitive...
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...What Business Should do to Restore Competitiveness by Michael Porter and Jan Rivkin I. Summary The article by Michael Porter and Jan Rivkin, titled What Business Should do to Restore Competitiveness, revolves around the idea that American business and America as a whole are losing their global competiveness. With this premise, the authors shared a key perspective or idea which combined two present believes in that country. The perspective they provided is that businesses can and should enhance the commons, or its business environment, which the government has set. This would mean that it is the responsibility of both the government and the businesses to improve the commons. Long-run profits may be derived by the businesses employing this method. They, the authors, defined competiveness as the ability to operate in the United States and successfully compete with the global economy while supporting the high and rising living standards in that country. The article then discussed several ways to improve or restore competiveness. The ways may be classified into three categories. The first method was to pursue productivity. Productivity is not only found by producing more but also by emphasizing unique strengths that the American sector can provide. The article also states that it’s not necessary to always stay within the United States. This became evident in the fact that there are several multinationals expand faster in the States when they are also expanding in other countries...
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