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In this presentation we will talk about how entrepreneurs with their Leadership, Management Skills and Knowledge of “Enterprise Solutions” and how to make business a success. An insight into the History and Concept of Enterprise Solution. To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
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Enterprise Solutions
Chapter 1Overview Enterprise Solutions
Overview Enterprise Solutions
IntroductionCreating Enterprise is always an entrepreneur's cup of tea .Establishing an enterprise includes managing and maintaining for substance and growth is the challenge for the board & executive management.Both creation and establishment of an enterprise comes from leadership vision,such as leading a particular line of business of being recognized by the community or society at large A creation of an enterprise depends on the human necessity & the level of urgency
Overview Enterprise Solutions
Both creation & establishment of an enterprise comes from the Leadership vision such as leading in a particular line of business or being recognized by the community or society at large.We buy money, we sell money. Business is just about how we govern all our Transaction under known & unknown environment
Overview Enterprise Solutions
Historically business developed from Human skills and therefore categorized under profession or services where the infrastructure is fixed to cater the needs of a fixed number consumers and have presumed type of transaction The success of enterprise depend upon how best it
is rolled out as a project and how well it is governed by the board and the executive management When river valley civilization moved towards industrial revolution, the leadership of these Skilled people played a major roll
Overview Enterprise Solutions
When Automation took over industrialization, all most all presumed processes became predetermined processes with clear-cut measure for output identified.This automation established an overall framework
of control over the Internal process ,Associated employees, Service providers.customers of different kinds(extranet,Intranet) linked with the enterprise.
History:
Where did the business solutions begin?Initial computers were built for providing scientific solutions during warThe technology was adopted for business computingEach computer manufactures created there own
business system which has its own Operating System ,Applications built over this development tools Cont…..
History:
When any enterprise wants to buy a computer from another manufacture they will need rework the entire thing again as the system or business applications don’t Support each otherThe business centric & organization centric
computing was working successfully Enterprise solutions then moved to Open
Architecture as promoted by OSI to support desktops & multi servers
History:
Establishing Compatibility of data between two systems was always a challengeSpecifications to bring all Computer manufacture
& software user were brought by International Organization for Standards OSI is used to support desktops & multi servers across Executive management & operations management discovered issues like1) Inventory do not match with the stores, purchase2) Order booked is not money collected
3) The reports generated by different departments were different
History:
In order to have currency of information at each of these functional area, the use of Spread sheet, Word processor, Database a became common with in each department. The advent of internet led to net centric computing
which provided high availability of System across the enterpriseThe era brought the Management information System (MIS) & Executive Information system(EIS).The advent of internet led to net centric computing
The Concept of business solutions
The Computerization was more industry driven and the kind of IT infrastructure and the business applications was dependent upon Nature of businessThe Computerization was more industry driven and
the kind of IT infrastructure and the business applications was dependent upon Size of operations,Capability to use large size business system Program Development ,Data Entry, Operating
System become essential requirements within the Enterprise
The Concept of business solutions
The Productized business applications were procured by companies who realized that the cost to develop an application was not justifiable against line of business they were into. The customer of the enterprise realized the need for
a business application verses Cost of buildingThe Demand for the product with financial
planning integrated with other modules such as, Sales, Purchase, Inventory become commonThe data entry was from multipoint, processing
was still done from single EDP room
The Concept of business solutions
The evolution of data centers, outsourcing of software development, came into force
EDP centers requires High availability , IntegrityReliability
The IT/IS was a support function to the business, but now it is Integral of enterprise.About 30% programs are legacy & critical
programs on mainframe computer which are difficult to transport
The Concept of business solutions
The IT& IS Strategy Committee within the enterprise not only look for the Technology to meet today’s requirements but also aspire for taking on tomorrow’s business challenges.We live in the world of complex business models, where customer can reach several other Supplier, Services ,Product providers Market place has increased and with opportunities
open to competitors as well business may not be certain
The HIT
There is nothing permanent except changeThe first wave of wealth was related to Agriculture
& therefore land was primary asset.The Second wave brought in Global
Industrialization & therefore Physical buildings were primary asset.Change is certain but rate of change is exponential The Third wave belong to Information Age where
knowledge is primary asset
Business Realization
With the word electronics added to business boundaries have gone beyond the Physical areaControls applicable to one location may not be
same for all customers across the world An enterprise derives the benefit from not only
from the Supplier known to them but also could be chosen beyond this To suit customers delivery objective, today this is
called as Business Realization
Business Realization
In order to facilitate the smooth operations of Business Realization hardware manufactures have created several newer devices such as 1) Bar code reader2) Portable digital assistances3 3) Optical sensors
The system software vendors such as IBM Microsoft & others have created Point of sale units such as Cash dispenser, ATM, Credit Card reader
Business Realization
In order to facilitate the smooth operations of Business Realization hardware manufactures have created several newer devices such as 1) Bar code reader2) Portable digital assistances 3) Optical sensors
The system software vendors such as IBM Microsoft & others have created Point of sale units such as Cash dispenser, ATM, Credit Card reader
Some of the state of art utility software can be clubbed with Operating System to support the challenging e-biz operations
Business Realization
In order to facilitate the Distance operations with the customers ATM is usedThe system software vendors such as IBM, Microsoft has created dedicated systems such as point of sale (POS) systems The Enterprise solution software, Utilities cuts
across various operations within the enterprise The use of automation with advent of technology
made provided opportunity for the software development companies to bring in Management Information Systems
Business Realization
The reports provided by Management Information systems are too many that enterprise had to appoint several experts to go through that
The reports provided by Management Information systems take Management Decision from such reports.
The automation percolated to bring Inventory Management Systems.
The automation percolated to bring ,Production planning System, Sales Management Systems,
Purchase Management Systems
Enterprise solution or business IT/IS
There will be always difference in figures between provided by the finance with that of sales, purchase & inventory this complexity was overcome by introducing ERP.Prior to Using integrated systems, there will be always difference in figures between provided by the finance with that of sales ,purchase & inventory Inventory Management Sales& marketing management & financial management are integral part of ERP Telecom sector has changed there voice handling technology to digital or IP based Technology
Enterprise solution or business IT/IS
Today, application companies have brought the web ennoblement of these systems as 1) eERP2) eSCM3) eSRM Enterprise solutions involves
1) Decision2) Corporate governance3) IT governance
Enterprise solution or business IT/IS
Enterprise solutions involves 1) Reporting2) Certification
3) IT –BSC4) Warehouse5) Inventory6)ProductionThe extent of usage of various business system
has created multiple points for data entry, data editing in master files
Enterprise solution or business IT/IS
Enterprise solutions involves 1) Supplier2) Purchase3) Sales4 ) Dispatch Tracking5) Dealers agents6) Outsourcing7)Quality8) Audit9) Security
Corporate Governance & IT Governance
The introduction of Corporate Governance necessitated the acceptance & use of
1) Balanced Scorecard2) Dash boardChanging designation doest fix IT technology
problems The challenges to monitor IT itself is a Herculean
task The recognition for IT governance is playing a
significant role in the business performance
Corporate Governance & IT Governance
The Management sees a major role of IT governance in 1) Planning2) Organizing3) Acquiring4)Implementing5) Delivering 6) Maintaining 7)Monitoring8) Evaluating 9) Overriding
Enterprise Solutions
End of Chapter 1
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