Understanding the Benefits of Information and Communication Technology to Private Businesses in Jamaica Essay Example

Understanding the Benefits of Information and Communication Technology to Private Businesses in Jamaica Essay Example Understanding the Benefits of Information and Communication Technology to Private Businesses in Jamaica Essay Understanding the Benefits of Information and Communication Technology to Private Businesses in Jamaica Essay Understanding the benefits of Information and Communication Technology to Private Businesses in Jamaica Shavonae Johnson ID# 0900724 Stephen Clarke 0901750 University of Technology, Jamaica Research Methodology, Semester 2 Mr. F. Vassel March 11, 2013 Rationale This study was conceptualized for the reason that there is a need for private businesses to incorporate Information and Communication Technology (ICT) within their organizations. In this Information age, investment in ICT is critical to business survival, economic and social development.As such, the Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, is encouraging members of the private sector to partner with the Government for the construction of office space, in the ICT sector. ICT is one area of the sector plans that form the basis for Vision 2030 Jamaica. The plan outlines strategic frame-works and action plans. One strategy speaks to encouraging public and private sector partnerships to establish I nternet connectivity and access.Such a strategy would be carried out by promoting the formation of cybercentres by private entities to facilitate business growth, job distribution and creation across the country (Task Force, 2009). The Jamaican Government is actively seeking opportunities for private partnership to develop additional ICT space to meet growing demand. â€Å"With the current expansion rate and projected growth of the ICT sector, it is expected that 5,000 jobs will be created over the next three years† (S. F. Abrahams, 2012). Problem StatementInformation and Communication Technology is a fast growing sector around the world today and many opportunities are out there for private business owners to take advantage of. However, there is a great need for private businesses to incorporate ICT within their organizations. Purpose The purpose of this paper is to understand the benefits that Information and Communication Technology (ICT) have on private businesses in Jama ica and how it will aid in the development of these organizations. Research Questions/ Sub-topics 1. The development of ICT in Jamaica. . What level of knowledge do private businesses have about Information and Communication Technology (ICT)? 3. To what extent will private businesses benefit from incorporating Information and Communication Technology (ICT) in their organizations? 4. What are the opportunities for Information and Communication Technology (ICT) to facilitate the private businesses’ contribution to the country’s development? 5. What are some of the challenges that private businesses may face with regards to Information and Communication Technology? SignificanceThe significance of this study is to find out ways in which private business owners in Jamaica may use ICT to aid in the maintenance, growth and development of their companies. The main beneficiaries from this research are private businesses that incorporate or will incorporate Information and Commu nication Technology, as well as those that know nothing about ICT. With the inclusion of technology to these businesses, they will thrive and owners will be pleased. Key Definitions * Information and Communication Technology the study or business of developing and using technology to process information and aid communications. Webopedia, 2013) * Private Business a company owned either by non-governmental organizations or by a relatively small number of shareholders or company members. (Wikipedia, 2013) * Vision 2030 Jamaica a 21-year plan based on a vision to make ‘Jamaica the place of choice to live, work, raise families, and do business. (Construction Task Force, 2009) * Cybercentre a place that offers computer and internet services to people, companies, and organizations. (Cambridge Dictionaries Online, 2013) Literature Review IntroductionInformation and Communication Technology (ICT) is widely acknowledged as an important resource for socio? economic advancement in bot h developed and developing countries. This is doubly so against the backdrop of the global economy which is driven by the â€Å"information age†. Private businesses in Jamaica, however, face enormous challenges in its ability to utilize these resources for its growth and development agenda. Limitations range from infrastructural constraints to an individual’s ability to convert access to ICT into tangible benefits in light of other environmental constraints.In this context, shared use models of access such as telecenters, libraries and internet cafes, are important means of making ICTs available. Not only do they bring the technology closer (physically and financially) to people who would otherwise have no access, but they may also provide additional value in the teaching and learning environments they foster. Objectives of the Review In view of the topic about Understanding the benefits of Information and Communication Technology to Private Businesses in Jamaica we se t out to review and analyze what is known about this.The review focused on the following issues: 1. The development of ICT in Jamaica. 2. What level of knowledge do private businesses have about Information and Communication Technology (ICT)? 3. To what extent will private businesses benefit from incorporating Information and Communication Technology (ICT) in their organizations? 4. What are the opportunities for Information and Communication Technology (ICT) to facilitate the private businesses’ contribution to the country’s development? 5. What are some of the challenges that private businesses may face with regards to Information and Communication Technology?The Review Process This review is the result of a targeted search for literature on ICT and the impact of it on private business and the development in Jamaica, which returned a number of resources. From these, we selected and reviewed a few articles and reports focusing on private business access to ICT via dif ferent mediums. The Development of ICT in Jamaica According to the online article â€Å"The State of ICT in Jamaica: Readiness versus Competitiveness† written by Evan Duggan, Jamaica has responded to the challenge of reducing the digital divide.The Government Of Jamaica, in its 2009 Information And Communications Technology Policy, stated that Technology (ICTs) have over the past two decades paved the way for economic and social development across the world. According to a 2005 Report on Survey by Jamaica Computer Society Education Foundation (JCSEF) titled â€Å"Training Needs Assessment of Jamaica’s Information and Communications Technology Sector† background data from secondary sources suggest that ICT developments in Jamaica are far advanced and well supported by Government policies and provisions.The Jamaican ICT Sector has been growing in terms of technological awareness and resources. According to Evan Duggan, as it relates to Software and Information Sys tems Development, there is much more room for improvement. Benefits of incorporating Information and Communication Technology (ICT) to private businesses? Ritchie and Brindley (2005) define Information and Communication Technology (ICT) as the array of primarily digital technologies designed to collect, organize, store, process and communicate information within and external to an organization, such as a private business.The incorporation of ICT is fundamental in the operation and development of any organization in today’s corporate world (Ashington, 2009; United Nation Conference On Trade And Development, 2011). In the opinion of Ashington’s (2009), his research suggested that the investment of ICTs’ had allowed organizations to reach new market, maximize employee’s engagement and productivity and improve levels of production. Similarly, UNCTAD held the view that ICT use could lower business costs, facilitate business registration and licensing, improve tax policies and administration, and facilitate trade.UNCTAD maintained that the process of registering an organization or obtaining a business license could be improved by the use of ICT, especially by enhancing access to the procedures through automation thus reducing the scope for corruption. UNCTAD’s research demonstrated that ICT supported reforms had contributed to private enterprises, particularly by speeding up the process of obtaining business licenses and permits via online use. In addition, UNCTAD’s research provided evidence that the automation of registration procedures, because of ICT, had led to an increase in the number of new firms in an economy.Secondly, the research by UNCTAD (2011) and the opinion of BELL (2007) had suggested that ICT helped reduce corruption by automating interactions between businesses and the government in order to limit the scope for human intervention and bribery, which resulted in lower business costs. Additionally, UNCTADâ₠¬â„¢s research suggested, â€Å"ICT had proved to contribute to reforms of tax policies and procedures through the introduction of electronic filing of returns, electronic payment of taxes, and the provision of taxpayer services via the Internet. Consequently, online filing of taxes had saved time for enterprises because of a reduction of forms and procedures. Finally, UNCTAD (2011) held the view the implementation of modern ICT solutions in private sector significantly improved the efficiency of many customs administrations (Trading). Such solutions, according to UNCTAD (2011), facilitated in the completion and processing of customs declarations electronically and other paperwork associated with importing and exporting.According to UNCTAD (2011), electronic customs declarations had proven to bring clearance times down and to reduce the time that goods had to stay at border crossings and in ports; most importantly, this leads to a reduction in costs to business. What are the opport unities for Information and Communication Technology (ICT) to facilitate private businesses’ contribution to the country’s development? Information and Communication Technology (ICT) provides economic opportunities for all population and provides increased productivity. Asian Development Bank (2013) stated that Rapid advances in information and ommunication technology (ICT) have created tremendous opportunity for economic and social gains in the world’s poorest areas. Developing country is the term used to describe a nation with low levels of material well-being. These countries are usually said to be economically unstable due to undeveloped industrial bases, low Human Development Index (HDI), etc. HDI speaks to the levels of employment, education and life expectancy which are used to rank countries. The argument on whether ICT creates or destroys jobs is still a baffling conflict.However theory suggests that ICT can lead to innovation, which may result in outpu t growth and a concomitant growth in jobs. ICT’s innovations may create or change many existing jobs. By computerizing many aspects of private business’s ICT provides job such as: Engineering, Programming, System analysis and machine operators, etc. The development of any country is highly dependent on the quality of its education. According to Sylvester (cited from the World Bank Report 2005) one measure of national education attainment is the average number of years of schooling adults possess.This means that education transformation must make provision so that the average number of years of schooling for adults is extended. With the implementation of ICT and the creation of jobs in the private sector, more opportunity arises for adults to return to school and further their education. These also give young adults more options, opportunities and motivation for higher education. According to the World Bank report after secondary institution a high percentage of student s do not attend tertiary institution, some because of the lack of opportunity and other the lack of interest.Study has also shown that after tertiary education many students migrate overseas to find work. Jobs created through ICT can decrease the number of migrants. Ogunsola 2005 (cited from Faye 2000) mentioned that ICT’s are offering even less developed countries a window of opportunities to leapfrog the industrialization stage and transform their economies that can compete with the advanced economics on the global market. Embracing technological innovations is one of the most efficient ways to benefit from globalization.In today’s economic small and developing countries cannot afford to miss out on globalization. The introduction of private businesses can have a big impact on countries development. When these private businesses implement ICT it helps countries to be opened up to globalization and the benefits thereof. Citations Ashington, A. (2009). Accessible Infor mation and Communication Technologies. Retrieved from onevoiceict. org/sites/default/files/Accessible%20ICT%20%20Benefits%20to%20Business%20and%20Society. pdf Bell. (2007).The Benefits of ICT. Retrieved from bell. ca/web/enterprise/newsRoom/en/pdf/Benefits-of-ICT-White-PaperEN. pdf Modimogale, L. , amp; Kroeze, J. H. (2011). The Role of ICT within Small and Medium Enterprisesin Gauteng. Retrieved from ibimapublishing. com/journals/CIBIMA/2011/369288/369288. pdf Ritchie, B. and Brindley, C. (2005), ICT Adoption by SMEs: Implications for Relationships andManagement, New Technology, Work and Employment, 20(3), 205-217. United Nation Conference On Trade And Development. (2011).Information Economy Report2011: ICTs as an Enabler for Private Sector Development. Retreived fromhttp://unctad. org/en/PublicationsLibrary/ier2011_en. pdf JCSEF. 2005. Training Needs Assessment of Jamaica’s Information and Communications Technology Sector. Heart Trust/NTA. Retrieved March 6, 2013 from http: //lms. heartnta. org/DesktopModules/DocumentView. aspx? TabId=0amp;Alias=ppdd. lms. heart-ntaamp;Lang=en-USamp;ItemId=983amp;wversion=Staging Evan Duggan. 2008. The State of ICT in Jamaica: Readiness versus Competitiveness. E-Novation Jamaica.Retrieved March 6, 2013 from, http://enovationjamaica. pbworks. com/w/page/18449444/The%20State%20of%20ICT%20in%20Jamaica%3A%20Readiness%20vs%20Competitiveness Information and Telecommunications Department Office of the Prime Minister. 2009. Information and Communications Technology (ICT) Policy. Broadcasting Commission. Retrieved March 6, 2013 from, broadcastingcommission. org/uploads/publications/GOJ-ICT_Policy. pdf Author Unknown. 2013. ADB’s work to improve Access to Information and Communication Received March 4, 2013 from

How to Make Your Mark as a Brand New Manager

How to Make Your Mark as a Brand New Manager The responsibility of being put in charge of a team comes with a lot of obligation. Of course, the higher ups expect you to meet established goals. But what often gets overlooked is your duty to the employees who report to you. Here are some tips on how to be a straightforward and reliable boss who will gain the respect and allegiance of your staff. Be a LeaderIt’s tempting to buddy up to your employees in order to establish a camaraderie, but the truth is that you are their manager and it’s hard to completely loosen up around you. Make specific requests and realize people will be hesitant to speak out against you if they don’t agree. Make sure they know if the door open for ideas that differ from yours.Be Direct and SpecificIf you have expectations and limitations, lay them out up front. No one likes to spend hours brainstorming just to be told their vision is too expensive or consuming to take on. Time is precious–when you give instructions, think about what you would like to be told if you were the employee in order to be your most productive.Be RespectfulIf you’re taking over a new team, realize that they were a group with ideas and output before you came along. Even if you don’t agree with how they operated before you arrived, tread lightly with criticism–any negativity might seem like a direct attack.Be TrustingWork must go on, even as you get up to speed on your new role. You won’t be able to be directly involved in all the goings on of your team as you get your bearings. Trust that everyone is there to do a good job.Establishing a solid manager-employee relationship from the outset will do wonders for your time at a company. If your team is on your side (and they know your on theirs!) they’ll go the extra mile to perform at the top of their game.

Financial Accounting Essay Example | Topics and Well Written Essays - 1250 words - 3

Financial Accounting - Essay Example In 2003, the Financial Reporting Council adopted a combined code of two reports, one of which covered the non-executive director’s role and how they should dispense their duties in an ethical way, while the other gave guidelines on the conduct of audit committees. With time, various amendments have been made on the 2003 Combined Report, and in 2010, the Financial Reporting Council adopted the UK Code on Corporate Governance that provides the guidelines on how the listed companies in the London Stock Exchange should conduct themselves when representing their shareholders. This paper aims at discussing the concepts contained in the code of conduct adopted on 29th June 2010, while giving a special focus on the duties and responsibilities of Non-executive directors, referring to the 2003 and the 2010 versions of The Code of Conduct. Non-executive directors of a company do not take part in the executive work of the team and are not part of the employees of the company (Walter & Shilling 2009, p. 25-28). The Governance Code obliges the directors to adhere to the financial reporting standards while representing their companies, and show accountability and prudence while doing this (Hamill et al. 2010, p. 56-59). The mode of reporting as outlined in the code of conduct requires the company to state how it effectively applies the supporting principles and the provisions, stating whether they comply with the provisions in the code of conduct or not (Ryan, 2004, p. 16). The code separates the duties of the chairperson with those of the chief executive officer, and gives the appropriate ratio of the non-executive directors and who should be incorporated in the board committees. Companies must be headed by a Board of Directors, who oversees the overall operations of the company, holding them liable for any misrepresentation of the investors, and the losses that may thus occur in such an event. According to Halbert and Ingulli (2011, p. 30), the directors of a

How does having dyslexia impact on further education Essay

How does having dyslexia impact on further education - Essay Example It affects the choice of subjects in further learning. Though it is a major problem impacting on performance, students can be assisted through mentorship and other exercises that improve their language, coordination and organizational skills. Dyslexia is a term that refers to difficulties in learning, which is usually manifest in students while they try to pronounce or spell particular words in the course of learning. These are the major characteristics amongst many other aspects that can help in identifying a student with the problem. Research indicates that the problem is associated with the brain’s capacity to interpret verbal or written language. Students usually experience problems in schools and may not perform well in particular subjects or in all of them (Jamieson and Morgan 2007 p. 78). Intellectually, the dyslexic student is usually competent. Learning is the only situation where they fail to compete effectively with the rest of the students. Dyslexic students usually get upset leading to withdrawal and problems with their behavior, especially due to lack of self esteem and confidence. Their persistent difficulty in learning generates the feeling that they are unable to excel in life. This is because the society highly values the ability to learn, and attaching it to great prospects of a student in future. It can affect even the students whose performance in other activities is good. The problem can persist to adulthood. In the institutions of higher learning, it is usually a major problem since the content of education increases, and this requires high learning capabilities in order to accomplish the objectives of education and career choice (Ammon and Levin 1993 pp. 68-71). The aim of this research is to establish the impact of dyslexia on further education. In the teaching profession, it is important to understand dyslexia in order to develop the ability to identify dyslexic students, and be able to help them overcome

BMWs Managing Information Systems

BMWs Managing Information Systems Management information systems (MIS) pertain to those systems that enable company leaders to make choices for the effective functioning of businesses. Management information systems are composed of computer resources, individuals, and processes utilized in the current business enterprise. MIS also pertains to the company that establishes and manages majority or the entirety of the computer systems in the company in order that leaders can make choices. The objective of the MIS based company is to provide information systems to the different levels of corporate leaders. MIS experts establish and aid the computer system all over the organization. Trained and knowledgeable to deal with company computer systems, these experts are in charge in some manner for almost the entire computers, from the biggest mainframe to the portable computers. Company Overview BMW is a German vehicle and engine producing organization established in 1916. It also manages and creates the MINI brand, and is the mother organization of Rolls-Royce Motor Cars. Mainly, BMW Group Brands are MINI, BMW and Rolls-Royce (BMW Education Programme 2009a). BMW is famous for its efficient and durable cars. And its mission statement is being a leader in the world as premium product provider and also premium service provider( BMW Education Programme, 2009b) BMW has established a reputation as both an engine producer and the manufacturer of luxury vehicles. They built the 3, 5 and 7 series, the M5, which represents sheer power, or the Z8, an innovative car. BMW has also proven its capability to resurrect legendary cars, reviving the legendary Mini and its acquisition of the Rolls-Royce brand (BMW Official Website, 2009). While the companys main office is still based in Munich in Germany, it has ten manufacturing plants all over the globe seven in Germany, one in Austria, one in South Africa and one in America, and sales units in sixteen nations where the vehicles are transported (The BMW Group, 2009). Aside from the vehicle segment, it stays as one of the important European producers of engines for civil aviation, through its partnership with Rolls Royce. Power merged with innovation is what BMW stands for. Overview of MIS of BMW The present automotive industry is classified by increasing product diversity and brief development periods. One of the important activities is to enter the market quicker by organizing the product development and production start-up procedures. One can attain this streamlining by doing a huge number of effectively coordinated procedures in parallel, utilizing a data structure that has all the data regarding the product and its types and is available at each phase to all people included in production planning (Clarke, 2007). This process, pertained to as integrated product and process engineering, is at available when one utilizes mySAP Automotive. mySAP Automotive integrates SAP Business Suite programs with customized operations to aid BMW- as well as other manufacturers, vendors, sales, and service companies attain substantial benefits by merging the whole engineering, production, marketing and service business sector. With mySAP Automotive merged within the operations of BMW, the company is able to improve important business procedures and attain important company objectives: * Competent staff and talent with effective procedures for workforce and talent acquisition * Financial stability with improved procedures for financial performance control * Operational effectiveness with improved procedures for operations control * Product and service dominance with improved procedures for product control * Excellent client value with improved procedures for sales and service mySAP Automotive is particularly created to address the needs and challenges of the BMW and the automotive industry. It is a comprehensive and effective solution for BMW that encompasses business procedures from engineering design, preparation, manufacturing, purchasing, sales and service (SAP for Automotive Website, 2010). Created to be a comprehensive and holistic management information system, mySAP Automotive is organized based on various market sectors that create the foundations of automotive industry. Roles of mySAP Automotive in BMW Provide information across various departments a) Operations More than any operational aspect, operations of BMW have been affected by significant developments in technology. As a consequence, production processes have evolved. For example, inventories are given just in time in order that huge sums of funds are not used for storing large inventories (Kiley, 2004). mySAP Automotive offers solutions for BMW in terms of vehicle and procedure modeling, preparation and manufacturing implementation. mySAP Automotive helps BMW ins terms of the improvement of the planning of the manufacturing process. Consolidated product and process modeling is attained within BMW through mySAP Automotive, where the modeling of every vehicular model and production procedures from the initial prototyping stage to the manufacturing stage is accomplished in one framework (Kidd, 2000). This minimizes information redundancy and the necessity for interfaces as information is saved in a solitary system. Cooperative engineering with suppliers provides new opportunities for more effective and quicker product development with suppliers online. Versatility and effectiveness in manufacturing within BMW is attained through the Model-mix preparation and immediate needs preparation feature of mySAP Automotive. Model-mix preparation enables BMW to improve the manufacturing sequence particularly essential for the company. Immediate needs preparation allows quicker processing of assembly and parts requirements of make-to-order setting as against the basic MRP. b) Accounting In BMW, all accounting documents are managed by all accounting managers (Laudon, 2007). In this case, mySAP Automotive offers solutions that improve the accounting procedures and policies of BMW. mySAP Automotive offers solutions that improve the accounting activities of the company, enabling them to respond more quickly and effectively to the industry demands. c) Finance mySAP Automotive offers financial data to all financial managers within BMW including the head of the finance department. The head of the finance department of BMW studies historical and present financial outputs, predicts long term financial necessities, and tracks and manages the usage of money over time utilizing the data produced by the mySAP Automotive (Buxmann, 2004). mySAP Automotive offers solutions that allow sales and pricing of cars through configuration, status monitoring of cars, sales and allocation of available components. Car customization and pricing online improved car sales of BMW by providing clients with the alternative of customizing their cars (Seese, 2008). Once the car is customized, car customization and pricing will identify the price of the car according to the customization. Car search and locator allows BMW to look and find cars that satisfy the particular configurations, attaining quicker delivery to clients. d) Marketing mySAP Automotive aids the marketing initiatives of BMW in the aspect of product development, dissemination, pricing choices, advertising, and sales prediction (Forquer, 2005). More than any other operational aspect, mySAP Automotive depends on outer sources of information. These references include rivalry and clients, for instance. e) Human Resource mySAP Automotive also helps with BMWs initiatives connected to employees, leaders, and other staff working within the company. Due to the fact that the role of the human resources is important to all other aspects of the operations of BMW, mySAP Automotive has an important responsibility in guaranteeing company development for BMW (Sankar, 2006). 2) Facilitate decision making at the three tiers of management a) Operational Level Systems To make the operational level decision making within BMW very simple and effective, mySAP Automotive helps in offering and disseminating updated data to proper users. mySAP Automotive is created to improve the reporting of data that will be critical in the correct decision making within the operational level of BMW. mySAP Automotive is able to immediately gather and edit information, summarize outcomes, and able to cope and correct mistakes immediately. b) Management Level Systems mySAP Automotive has automated and manual internal controls that help in the management level decision making activities in BMW (Kogent, 2009). Data is obtained through proper editing and inner control checks. A detailed inner and outer audit program is used within BMW through mySAP Automotive. c) Strategic Level Systems To have an improved strategic level decision making, information within BMW is analyzed and organized effectively and uniformly through mySAP Automotive. Gaps in the manner data is gathered and documented can alter data and trend analysis. Aside from this, since information gathering and documentation procedures will alter over time, so BMW management has created effective processes to enable systems developments through mySAP Automotive. These processes are always well defined and noted, effectively communicated to proper workers and has a monitoring system that aids in the strategic level decision making of BMW. 3) Serve as efficient means for managing business processes The establishment of mySAP Automotive within BMW is the consequence of the implementation of an environment of system management. The owners are the users of mySAP Automotive who understand current client needs and also have budget authority to finance new projects. In order to manage its business processes efficiently, BMW has strived in establishing ownership that advocates pride in its business procedures and aids guarantee accountability. Even though mySAP Automotive does not really completely minimize costs, the establishment of this important system, and its effective usage, minimizes the chances that erratic choices in business processes are done due to unreliable data (Dickersbach, 2005). Erratic business decisions essentially waste resources. This may lead in a detrimental impact on profits and/or capital. Management always guarantees that mySAP Automotive is established on a logical process that includes the following stages: †¢ Proper investigation of system options, approval areas as the system is established or obtained, and task management. †¢ Program establishment and negotiation of deals with suppliers. †¢ Systems integration and management. Management always takes into account the usage of business management processes to track development as mySAP Automotive is being integrated. Inner controls are created into the procedures and periodically assessed by auditors. Application of mySAP Automotive in BMW mySAP Automotive obtains customized production orders from BMWs planning system. The orders involve the components necessary to manufacture every vehicle; the X5, for instance, has lots of parts included in the car list of materials. mySAP Automotive produces the delivery timeframes for every component to match BMWs assembly-line preparation and organizing policies. BMW sends these comprehensive analyses and accurate JIT delivery timeframes to its suppliers. Major suppliers get the data through electronic data interchange (EDI). Other suppliers enter the mySAP Automotive official site, where BMW states the requisites to offer the latest data on its delivery necessities (Kuhlin, 2005). By logging online, suppliers can check this data in actual time, including release time frames, procurement files, receipts, and engineering files. When they send components, the suppliers send BMW forward transport notifications to give BMW with accurate data on component figures and delivery schedules. Components entering at the BMW premises are then obtained and shipped immediately to the line. There, BMW utilizes mySAP Automotive to check manufacturing status in actual time (Dickersbach, 2007). mySAP Automotive takes note of the manufacturing validation and components consumption data every three minutes. Components used during manufacturing are eliminated from the inventory list, and expenses are posted to compute the value of work in process. Client demand for BMWs new X5 sports car and its famous Z3 models needed a solution that would effectively increase and assist streamlined manufacturing. mySAP Automotive aids the company to minimize order-to delivery time, improves its supply chain initiatives in the aspects of demand planning and monitoring and locating of material deliveries, and enhances inventory precisions all over its production facilities- allowing BMW to tremendously minimize time to client for its efficient cars. Benefits of MIS for BMW Effective Solution BMW had been utilizing a customized data solution to handle its supplier and logistics needs. The organized was able to finish its integration of mySAP Automotive only a month after this management information system became accessible. mySAP Automotive provides BMW an effective, measurable structure that can be widened and changes to consider new functionality or developments in business procedures. mySAP Automotive offers BMW with top notch Internet operations and the commonly utilized business procedures from production preparations and purchasing to sales and allocation- for a total supply chain management remedy. The effective coordination between BMW and its business partners aids the engineering and massive manufacturing of customized products (Woods, 2006). BMW takes advantage of actual coordination on the Internet and instant pipeline visibility, enabling them to track developments in the midst of the development and manufacturing stages. Immediate Access to Data Important BMW business procedures are merged with mySAP Automotive so data stored in BMW systems can be readily viewed, including prediction requisites on a component stage, sales orders, and car bills of material. Since mySAP Automotive is not that hard to integrate, BMW is able to connect it with its modernized warehouse. The information systems transparent setting and expandability have also allowed BMW to immediately merge its own programs into the enterprise site for suppliers in mySAP Enterprise Portals. Aside from industry-based solution, BMW is utilizing mySAP Automotive for logistics, financing, and workforce improvement tasks. The organization has also established Internet programs for supplier quote establishment and investigation for manufacturing components, which have been integrated to the mySAP Automotive. Enhanced efficiency mySAP Automotive enables BMW to optimize profit opportunity, handle and limit expenses, enhance quality, and speed up time to delivery. Minimized risk Updated data regarding projects, procedures, functional performance, and markets provide BMW initial signs of changes in demand, client needs, and financial situations. Improved visibility and management Improved analytics enable BMW to determine accurately where theyre getting product and manufacturing expenses, allowing them to maximize efficiency in all of its resources (Knolmayer, 2009). Quicker time to market mySAP Automotive speed up the period to market by improving interaction, enhancing coordination, and managing consistent information in the whole procedures. Widened reach With mySAP Automotive, BMW is able to control the whole value chain, interacting through enterprise sites and allowing holistic coordination among workers, suppliers, and clients. Increased sales mySAP Automotive allow BMW to predict and cope up to market demands, determine new business trends, and exploit new ways to increase market share and profits. Assistance for business management allows procedures like car sales, car service, components management and finance to be effectively monitored by BMW (Missbach, 2000). Enhanced supply chain management Locate-to-order and make-to-stock procedures offer perspectives into the client needs, inventory, and capability allowing BMW to address client demands. Improved aftermarket service With mySAP Automotive, BMW is able to know client demands, improve customer service, and offer excellent assistance to improve revenues in the top end aftermarket business. Reduced overall expenses of ownership mySAP Automotive minimizes overall expenses of ownership by offering high end features and removing the necessity for the expensive interfaces needed by other information systems. Easy integration mySAP Automotive effectively mergers important aspects of BMWs operations, including supply chain management, product life-cycle management and business management (Stanford-Smith, 2001). mySAP Automotive offers BMW a centralized, merged foundation, so the company doesnt have to manage an information base of various systems. Conclusion The structure of mass manufacturing was initially introduced by Automobile industry a long time ago. But at present the industry is confront world competition and the demands of the industry have completely evolved. The clients are not anymore contented with limited options. They say what they need, the time they need it at the proper place. Clients are always perceived as an important resource for automotive companies. To address the demands, make-to-order manufacturing is essential rather than mass production. Here the effectiveness relies on speed; the pace of acknowledging market needs, the pace of establishing new frameworks, the pace of purchasing raw materials, the pace of manufacturing and the pace of shipping the products to the proper environments. Coordination the whole industry stakeholders-providers, dealers, and clients is important. The mySAP information system of BMW is offering seamless flow of data to organizing the operations. mySAP Automotive is more than a mere Supply Chain Management information system. mySAP Automotive provides a centralized information structure for engineering, supply chain management, purchasing and business management. Regardless of whether the organization is a car manufacturer like BMW, a provider of car parts or dealer, mySAP Automotive aids these organizations to concentrate on their clients. Important strengths of the mySAP Automotive information system lies in offering established processes, improved program tools, and open technology to obtain their mySAP Automotive information system up and running immediately and helping to attain their business objectives.

Course Project: Leadership and Organizational Behavior

My course project is based on organization of Creative Images, Inc. Creative Images is a California based company in computer graphic design studio who’s affiliated with Hollywood movie production companies. Creative Images work very closely with their clients and well known clients are Pixar Animation Studios, Walt Disney Company, and many other animation movie makers. Numbers of intelligent computer graphic designers are working hard to meet the status quo on current animated production movies and projects for the customers in night and weekends. The company is all about providing highest quality of work to world giant animated movie production companies and its well getting recognized by their customers. But only problem is that employees’ at Creative Images are not satisfied with their current benefits of their job since many people are subject to provide the project status and meeting deadlines which it requires for them to work nights and weekends without getting over-time paid. I am a Human Resource analysis just recently got hired by Creative Images to provide the best quality assurance to employees so that all employees are satisfy with their jobs and benefits so that it increases employee’s morale. I will be reviewing current job duties and functionalities so that their compensation and benefits are competitive with current market as well as provide them with incentives and rewards so that it increases employee’s morale and reduce number of high turnovers. Problem Statement The problem that Creative Images faces employee’s compensation and benefits package which it makes the company is not competitive and enjoyable work place. According to Human Resource’s firm wide hiring analysis, they have been showing increases of job turnovers in the past 2-3 years. During their exit interview, number of employee reported complains of their stressful working hours and have not been compensated for their amount of work that they provided in after working hours. After working excessive hours, their team or department did not recognized their showmanship for delivering high quality work and company did not award them or no creases in bonuses either. Since Creative Images are known for proving highest quality of work to their customers, in seldom, several other design studios who’s competition to Creative Images are trying to offer a job to elite and talented individuals from Creative Images to get the best people of for them. It’s causing the huge headache to the firm since many of them who left company are key employees who bring revenue to the company. To avoid any high turnovers, we need to provide very competitive salaries, incentives as well as reward programs to keep the Creative Images employees and bring higher standards and morale.

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