Architecture-Driven Business Transformation

2007 ◽  
pp. 207-220
Author(s):  
C. Lawrence
Keyword(s):  
Information Technology ◽  
Systems Thinking ◽  
Financial Services ◽  
Enterprise Architecture ◽  
Meta Model ◽  
Business Transformation ◽  
Key Concepts ◽  
The Right ◽  
Process Architecture ◽  
Customer Centricity

Enterprise architecture (EA) has primarily a business focus, but it involves the kind of systems thinking typically associated with information technology (IT). Any one of its component architectures could theoretically drive a business transformation. The example of process architecture is chosen because of its implications for other architectural domains; because of the link between customer-centricity and process-centricity; and because inherited attitudes to process desperately need overhaul. An imagined diagnostic in a financial services company provides context. The diagnostic recommends a holistic alternative to current approaches to process. It articulates an explicit logical meta-model from which it draws out a number of key concepts implementable as generic physical constructs. The resulting process architecture can drive radical business transformation given the right program management, governance, and, above all, sponsorship.

scholarly journals The Retail Bank of Tomorrow: A Platform for Interactions and Financial Services. Conceptual and Managerial Challenges

2018 ◽  
Vol 3 (2) ◽  
pp. 110 ◽  
Author(s):  
Anna Omarini
Keyword(s):  
Current Account ◽  
Financial Services ◽  
Business Transformation ◽  
Bright Future ◽  
The Future ◽  
The Right ◽  
Customer Trust ◽  
Retail Banks ◽  
The Current Account

<p><em>Banking without boundaries will grow in the future, most of this because of digital business transformation. </em><em>Banks need to re-interpret their business and look for a different managerial approach. </em><em>A bright future for retail banks will depend above all on taking today the right actions for a long profitability, which are based on developing and reinforcing customer trust. </em><em>The current account is the hook service for a bank to defend and reinforce from the competition, because it is the bank’s platform for entering and developing its business</em><em>. </em><em>At the beginning, the retail bank of tomorrow should look at developing value in core contents as well as orchestrating a platform strategy, but moving from a technology idea of platform towards managerial and economic dimensions of it. Because technology is nothing without a strategy.</em><em></em></p>

scholarly journals Perancangan Arsitektur Teknologi Informasi Menggunakan Framework TOGAF Pada Koperasi Budi Karya

2019 ◽  
Vol 1 (2) ◽  
Author(s):  
Arvini Anindhita ◽  
Royana Afwani ◽  
Ida Bagus Ketut Widiartha
Keyword(s):  
Information Technology ◽  
Enterprise Architecture ◽  
It Management ◽  
Management Systems ◽  
Plan Implementation ◽  
Information System Architecture ◽  
Architecture Framework ◽  
Application Architecture ◽  
Data Architecture ◽  
Process Architecture

This study discusses the design of information technology enterprise architecture in the cooperation of Budi Karya. The main problem encountered is that the management still uses a bookkeeping system. The information obtained in each section has not been integrated with other, the IT management organization structure is not sufficient because there is no staff who have specialized IT experts, and require development in information technology. This was stated in one of the Budi Karya cooperation missions which read "Adopting the development of information technology and modern management systems". This study aims to produce process architecture, data, applications and technology that can be a reference for implementing all activities in cooperation of Budi Karya. This research uses the TOGAF (the Open Group Architecture Framework) which is a framework that has detailed methods and tools for developing and implementing enterprise architecture, with 8 architectural phases of vision, business architecture, information system architecture, technology architecture, opportunities and solutions, migration plan, implementation Governance, and architecture change management. Data collection is done by direct observation interviews and literature studies. The results of all these phases will produce a detailed framework of process architecture, data architecture, application architecture, and architecture in cooperation of Budi Karya Keywords:  Enterprise, Architecture, Cooperation, framework, TOGAF

Composite Techniques of Structural Equation Modeling and Analytic Hierarchy Process for Information Technology Vendor Selection

2021 ◽  
pp. 1-35
Author(s):  
Dhanapal Durai Dominic Panneer Selvam ◽  
Sarit Maitra ◽  
P. Parthiban ◽  
Abdul Zubar Hameed
Keyword(s):  
Information Technology ◽  
Analytic Hierarchy Process ◽  
Financial Services ◽  
Structural Equation ◽  
Selection Process ◽  
Equation Modeling ◽  
Vendor Selection ◽  
Analytic Hierarchy ◽  
The Right ◽  
Hierarchy Process

This paper had developed an effective information technology (IT) vendor selection model for banking & financial services industries (BFSI). For any business, profitability and growth depends on the right vendor selection in their purchase process. This paper identifies ten most influencing and important criteria with 43 sub-criteria to comprehend the vendor selection process. Furthermore, the authors developed a vendor selection score model using Structural Equation Modelling (SEM) and Analytic Hierarchy Process (AHP). This article intends to inform practice and conclude with practical recommendations to BFSI for vendor selection. The proposed composite technique identified the most eligible vendor to meet up with the buyer’s strategies. This article suggests the most desirable vendor for the required benefit. Vendor 1 (Silverlake) with a score of 44% promised to be the most recommended one that also performed consistently in the sensitivity test.

scholarly journals Architecting business process maps

2020 ◽  
Vol 17 (1) ◽  
pp. 117-139 ◽  
Author(s):  
Geert Poels ◽  
Félix García ◽  
Francisco Ruiz ◽  
Mario Piattini
Keyword(s):  
Business Process ◽  
Enterprise Architecture ◽  
Business Processes ◽  
Process Mapping ◽  
Process Map ◽  
Process Maps ◽  
Meta Model ◽  
Modelling Languages ◽  
High Level ◽  
Process Architecture

Process maps provide a high-level overview of an organization?s business processes. While used for many years in different shapes and forms, there is little shared understanding of the concept and its relationship to business process architecture. In this paper, we position the concept of process map within the domain of architecture description. By ?architecting? the concept of business process map, we identify and clarify diverging views of this concept as found in the literature and set requirements for describing process maps. A meta-model for a process mapping language is produced as a result. The proposed meta-model allows investigating the suitability of EA modelling languages as a basis for defining a domain-specific language for process mapping along with the creation of a better understanding of business process architecture in relation to enterprise architecture, which can be beneficial for both BPM and EA professionals.

Promosi Dan Informasi Media Audio Visual Berbentuk Video Profile Pada SMK PGRI 11 Ciledug Kota Tangerang

CICES ◽  
2017 ◽  
Vol 3 (1) ◽  
pp. 35-47
Author(s):  
Faisal Rudiansyah Hamzah ◽  
Panji Wira Soma ◽  
Indri Rahmawati
Keyword(s):  
Information Technology ◽  
Print Media ◽  
Visual Media ◽  
Message Delivery ◽  
The Public ◽  
Existing Problems ◽  
The Media ◽  
The Right

With the development of information technology in particular in the field of multimedia in such rapid and the longer forms of media information more diverse so that more education institutions boast. Media information and promotion is currently used by SMK PGRI 11 Ciledug Tangerang. The purpose of this research audio visual media into the media information and proper promotion, by controlling hearing and vision in the form of audio visual in order to convey messages can be understood by the public at large. Existing problems, namely the medium used by the SMK PGRI 11 Ciledug Tangerang still use print media such as banners, posters and pamplet are considered less effective and efficient to use while simultaneously promoting the institutions with the best possible audio visual media so that it is selected into a medium of information and promotion of the right, by controlling hearing and vision in the form of audio visual. Because therein lies the message delivery process or how to visualize. At the same time listening and showing the contents of the message to the recipient with information through media menunjangnya, so the design of video media profile that displays the entire scope, advantages and facilities belonging to SMK PGRI 11 Ciledug Tangerang, can be a solution in solving problems in media promotion and information. With this study the author makes with the title "promotion and INFORMATION AUDIO VISUAL MEDIA SHAPED VIDEO PROFILE on SMK PGRI 11 APPLICATIONS TANGERANG CITY ".

Protection of Customers for Management of Digital Banking Services (Study at PT. BRI Unit Boyolali)

2020 ◽  
Vol 3 (2) ◽  
pp. 170
Author(s):  
Herdian Ayu Andreana Beru Tarigan ◽  
Darminto Hartono Paulus
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Banking Industry ◽  
Service Innovation ◽  
Quality Of Services ◽  
Legal Research ◽  
Banking Services ◽  
Services Sector ◽  
Financial Services Sector

<p>Increasing competition in the Indonesian banking industry has encouraged many banks to improve the quality of services to customers by utilizing information technology developments. Service innovation in the use of information technology encourages banks to enter the era of digital banking services. However, the development of digital banking services also increases the risks faced by banks. The purpose of this study is to provide an overview of the implementation of digital banking services and customer protection for risks from digital banking services. The method used in this study is an empirical legal research method. The results of this study indicate that the implementation of digital banking services is regulated by OJK Regulation No.12/POJK.03/2018. The existence of this OJK Regulation is expected by banks as providers of digital banking services to always prioritize risk management in the use of information technology. In addition, this study also shows the existence of 2 types of customer protection for the use of digital banking services, namely preventive protection in the form of legislation related to customer protection in the financial services sector and repressive protection in the form of bank accountability for complaints from customers using digital banking services.</p>

scholarly journals The politics of bailouts: Estimating the causal effects of political connections on corporate bailouts during the 2008–2009 US financial crisis

Public Choice ◽  
2021 ◽  
Author(s):  
Vuk Vukovic
Keyword(s):  
Financial Crisis ◽  
Financial Services ◽  
The United States ◽  
Political Campaigns ◽  
Political Connections ◽  
Troubled Asset Relief Program ◽  
Top Executives ◽  
The Government ◽  
The Right ◽  
Relief Program

AbstractIn 2008, as the financial crisis unfolded in the United States, the banking industry elevated its lobbying and campaign spending activities. By the end of 2008, and during 2009, the biggest political spenders, on average, received the largest bailout packages. Is that relationship causal? In this paper, I examine the effect of political connections on the allocation of funds from the Troubled Asset Relief Program (TARP) to the US financial services industry during the 2008–2009 financial crisis. I find that TARP recipients that lobbied the government, donated to political campaigns, or whose top executives had direct connections to politics received better bailout deals. I estimate regression discontinuity design and instrumental variable models to uncover how election outcomes for politicians in close races affected the distribution of bailout funds for connected firms. The results do not imply that some banks were deliberately favored over others, just that favored banks benefited because of their proximity to the right people in power. If being politically connected matters in general, in times of crisis it matters even more.

scholarly journals Using Enterprise Architecture to Integrate Lean Manufacturing, Digitalization, and Sustainability: A Lean Enterprise Case Study in the Chemical Industry

2021 ◽  
Vol 13 (9) ◽  
pp. 4851
Author(s):  
Ming-Hui Liao ◽  
Chi-Tai Wang
Keyword(s):  
Chemical Industry ◽  
Lean Manufacturing ◽  
Enterprise Architecture ◽  
Raw Materials ◽  
Core Competencies ◽  
Sustainable Business ◽  
Business Transformation ◽  
Lean Enterprise ◽  
Architecture Framework

The chemical industry has sustained the development of global economies by providing an astonishing variety of products and services, while also consuming massive amounts of raw materials and energy. Chemical firms are currently under tremendous pressure to become lean enterprises capable of executing not only traditional lean manufacturing practices but also emerging competing strategies of digitalization and sustainability. All of these are core competencies required for chemical firms to compete and thrive in future markets. Unfortunately, reports of successful transformation are so rare among chemical firms that acquiring the details of these cases would seem an almost impossible mission. The severe lack of knowledge about these business transformations thus provided a strong motivation for this research. Using The Open Group Architecture Framework, we performed an in-depth study on a real business transformation occurring at a major international chemical corporation, extracting the architecture framework possibly adopted by this firm to become a lean enterprise. This comprehensive case study resulted in two major contributions to the field of sustainable business transformation: (1) a custom lean enterprise architecture framework applicable to common chemical firms making a similar transformation, and (2) a lean enterprise model developed to assist chemical firms in comprehending the intricate and complicated dynamics between lean manufacturing, digitalization, and sustainability.

The Future of the Information Systems Discipline: A Response to Walsham

2012 ◽  
Vol 27 (2) ◽  
pp. 96-99 ◽  
Author(s):  
Salvatore T. March ◽  
Fred Niederman
Keyword(s):  
Information Technology ◽  
Information Systems ◽  
Human Mind ◽  
Look Ahead ◽  
New Knowledge ◽  
The Future ◽  
Other Information ◽  
The Right

We must look ahead at today's radical changes in technology, not just as forecasters but as actors charged with designing and bringing about a sustainable and acceptable world. New knowledge gives us power for change: for good or ill, for knowledge is neutral. The problems we face go well beyond technology: problems of living in harmony with nature, and most important, living in harmony with each other. Information technology, so closely tied to the properties of the human mind, can give us, if we ask the right questions, the special insights we need to advance these goals. Herbert A. Simon (2000)

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