Setting Standards: Strategies for Building Global Business Systems

Author(s):  
Roland Kaye ◽  
Stephen Little
Author(s):  
Jorma Hurskainen

The strategy of Metso Corporation and its business units is healthy, profitable growth achieved organically, by acquisitions and by new developments. This strategy means that Metso Automation system architecture will be multiple platforms, multiple sites and multiple applications exchanging information in the global business process. Metso Automation system development is globally coordinated and continues, based on this modular network-centric system structure. Each operative function such as sales (and sales office), manufacturing, product engineering have its own system application. These systems are loosely coupled together with agreed, standardised communication messages like order, invoice and order status. These two company integration cases show that the integration of modular systems can be done in a reasonable timeframe and with limited system technical work, and the main business goal, better service to the customer, can be reached.


Modern processes of economic development of business systems occur under the influence of the global environment, which requires constant monitoring, analysis, diagnosis and corrective action. The subject of research in the article is the development of business systems in the context of globalization. The purpose of the study is to study the impact of global development trends on business systems. To achieve this goal, the following tasks are set: to clarify the concept of "global environment"; to describe the structure of the global business environment; to determine its features; to outline the directions of diagnostics of the global environment; to characterize the factors influencing the global environment; to identify key parameters of development the global business environment; to identify trends in the global environment based on international ratings and development forecasts; to identify key factors that ensure changes in the global environment in order to form and implement strategies for business systems in the global environment. The research used methods of analysis, synthesis, comparison, systematization, generalization, system approach. The following results were obtained: it is proved that business systems operating in international markets constantly need to collect and summarize information about the global environment, comprehensive assessment of business environment parameters, identify trend changes in order to form and implement business strategy. Conclusions: identifying trends in the global environment ensures the stable state of the business system, its competitiveness, performance. The study of the impact of the global business environment on the activities of business systems allows for a comprehensive assessment, as well as to determine the priority factors of formation depending on the areas, areas of activity, types of business.


2021 ◽  
Vol 5 (520) ◽  
pp. 64-73
Author(s):  
N. O. Parkhomenko ◽  

The research is aimed at defining trends in the innovative development of international and domestic business systems and forming on their basis the principles of development management. When analyzing trends in the innovative development of international and domestic business systems, the main indicators of innovativeness are considered through integral indices characterizing the innovative development of countries; the geographical and sectoral structures of innovators and leading innovative companies of the world and Ukraine are determined; a comparison of the ratings of innovative world companies as presented by Boston Consulting, Clarivate Analytics, Fast Company, Delo.ua and Vlada Hroshey is carried out. As a result of the study, it is determined that the positive dynamics of business systems development can be observed in the activities of companies that constantly carry out scientific research, conduct developments, introduce various innovations, receive patents, etc. It is substantiated that the innovative development of international and domestic innovative business systems ensures the competitive advantages of companies in both the international and the domestic markets, facilitates the development of the economy of both the country and its regions, promotes the social development of business systems. Researching the trends in the innovative development of business systems in the global environment allowed to form the principles of managing their development. Prospects for further research in this direction are the development of methodological provision for the evaluation of innovative development of business systems and the formation of a mechanism for managing their development in the global business environment.


2021 ◽  
Vol 6 (22) ◽  
pp. 128-147
Author(s):  
Jamal Hussien ◽  
Mansoor Abdullateef Abdulgabber ◽  
Hasan Kahtan ◽  
Riza Sulaiman

We have certainly already arrived in a knowledge-based world economy, where knowledge transfer is a crucial factor in global business competition. In the era of knowledge-based management, the way we use knowledge determines the success or failure of business systems. This paper revises the project phases of enterprise systems (ES), which have been divided into three phases (pre-implementation, during implementation, and post-implementation), by expanding the relationship between the Knowledge Transfer (KT) and Project Management Process Groups (PMPG) in each phase to improve the success of ES by increasing the understanding of knowledge in each ES phase. The pre-implementation phase has two phases: Project Origination with (3) PMPG (Develop Project Proposal, Evaluate Project Proposals, and Select Projects), (8) tasks, (8) deliverables, and (3) roles. Project Initiation phase, with (3) PMPG (Initiate the Project, Approve the Project Charter, and Conduct Kick-off Meeting), (7) tasks, (7) deliverables, and (4) roles. In the implementation phase of the project ES there are two phases: Project Planning with (3) PMPG (Prepare the Project Planning, Perform the Planning Activities - Detail the Project Plan, and Confirm Approval to Proceed), (19) Tasks, (21) Deliverables, and (7) Roles. Project implementation and control with (3) PMPG (Launch Project, Management Project-Execution and control, and Gain Project Acceptance), (17) tasks, (17) deliverables, and (7) roles. Additionally, in the post-implementation phase, there are a phase called project closure with (2) PMPG (Perform, Initiate Project Follow-up, and Administrative Closure), (5) tasks, (6) deliverables, and (5) roles.


2011 ◽  
pp. 27-41
Author(s):  
Tomaz Kern

The chapter deals with the inefficiency of classical business systems in a dynamic global business environment. The main reasons for inefficiency are complicated processes, which are limited and influenced by inadequate classical business structures. But in new circumstances business structures must be designed according to process needs. Classical business systems should be urgently renewed to survive. Furthermore the author concludes that a single business system re-engineering project is not the definitive answer. In the global business environment, changes are constant. The efficiency of business processes can be maintained and increased in the long term only by constant but effortless adaptation of structures. This is possible by the introduction of the organizational structure without hierarchy and the mechanism for dynamic adaptation of structures to business.


2008 ◽  
pp. 2474-2494
Author(s):  
Tom Kern

The chapter deals with the inefficiency of classical business systems in a dynamic global business environment. The main reasons for inefficiency are complicated processes, which are limited and influenced by inadequate classical business structures. But in new circumstances business structures must be designed according to process needs. Classical business systems should be urgently renewed to survive. Furthermore the author concludes that a single business system re-engineering project is not the definitive answer. In the global business environment, changes are constant. The efficiency of business processes can be maintained and increased in the long term only by constant but effortless adaptation of structures. This is possible by the introduction of the organizational structure without hierarchy and the mechanism for dynamic adaptation of structures to business.


Author(s):  
Jana Polgar ◽  
Robert Mark Braum ◽  
Tony Polgar

Today’s enterprises increasingly rely on the Web to support their operations, global business, and integration of their business processes with those of their suppliers, partners, and customers. This requires that the architecture and design of business systems and applications should allow collaboration among distributed software components. The attempts to support collaboration and integration of heterogeneous systems led to the creation of a number of protocols and middleware. To mention a few, Common Request Broker Architecture (CORBA), Distributed Component Object Model (DCOM), and Java-based Remote Method Invocation (RMI) have been developed and widely used. In addition, supporting pipelines (communication protocols) have emerged over the years. There are many protocols used in building large Web service applications or portals. This section introduces two main protocols — Universal Description, Discovery and Integration (UDDI) and Simple Object Access Protocol (SOAP), and explains the properties of URI, URL, and URN.


2021 ◽  
Vol 68 (1) ◽  
pp. 138-150
Author(s):  
N. Parkhomenko

The essence of «business system» concept is investigated in this paper. Approaches to business systems management, such as process, commercial, practice-oriented and organizational are identified. In this investigation, the business system considers business as a system consisting of certain components: processes, resources, suppliers, consumers, competitors, owners, investors, managers, employees, so that management by systems and processes forms a structure and sequence of actions to achieve the set goal. The main elements of business systems are specified. Taking into account the fact that business system operates and develops in dynamic global business space, its internal and external components are characterized. The internal component of the business space includes a set of functional subsystems of the enterprise such as marketing, production, finance etc. The external component of the business space is a multilevel system, including the enterprise contractors; controlling institutional organizations; infrastructure facilities involved in business system operation; markets for goods and services, capital, labor, information providing business system with necessary resources; conditions of activity in the relevant sector, segment; potential of business system. Each element being a part of business system requires management actions to coordinate the situation and improve the current situation. The main tasks of business systems that ensure effective, competitive and effective management decisions are revealed and analyzed. The essential features of business systems are grouped, their specific criteria are defined. The influence of business processes on the state of business systems is determined; business systems from the standpoint of the impact of the global business space are classified and recommendations for managing the business systems development in today's global environment are given. It is revealed that management of business systems development is realized by using the appropriate organizational mechanism, which applies a systematic approach to strategy formation, providing stable development, focusing on the goals of the activity, using modern management technologies. The investigation of business systems makes it possible to combine all the elements of the enterprise and interrelated steps of activity to form the enterprise strategy. Effective management of business systems provides the improvement of enterprise performance, which characterizes the state of business processes and effectiveness of the developed strategy.


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