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M119Smith

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Business-Finance

Published on January 15, 2009

Author: aSGuest10708

Source: authorstream.com

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Technology Trends in Functional Management : Technology Trends in Functional Management Carlo D. Smith Ph.D. Missouri State University Agenda : Agenda It’s all about quality information and processes Six trends along the technology hype cycle A focus on three trends Radio Frequency Identification Business Process Management Project Portfolio Management It’s about information and process quality : It’s about information and process quality Six technology trends : Six technology trends Business Intelligence Compliance Management Systems Radio Frequency Identification (RFID) Business Process Management Portfolio Management Wireless Communication Hype Cycle : Hype Cycle Source: Gartner Group Radio Frequency Identification (RFID) : Radio Frequency Identification (RFID) RFID tags are tiny microchips that listen for a radio query and respond by transmitting their unique ID code. RFID Technology supports: Supply Chain Management Better rotation & monitoring Reduces handling requirements Improves planning & forecasting Financial Management: Real-time transaction visibility Reduces errors from human intervention Improved accountability Slide 7: RFID Radio Frequency Identification The Competitive Landscape : The Competitive Landscape RFID provides quality information for functional managers. : RFID provides quality information for functional managers. Business Process Management : Business Process Management Business Process Management solutions help organizations: Document and define processes Identify opportunities for improvement Implement process changes Monitor on-going process performance Process Characteristics : Process Characteristics Slide 12: Person-to-Person interactions Source: Action Technologies The Competitive Landscape : The Competitive Landscape Business Process Management facilitates effective transaction completion : Business Process Management facilitates effective transaction completion Project Portfolio Management : Project Portfolio Management Project Portfolio Management solutions offer a means to objectively evaluate, compare, and modify the mix of project being supported by human, capital, and financial resources in the organization. Portfolio Management Review : Portfolio Management Review Slide 17: Respondents using IT portfolio management Source: CSC survey of business and government executives The Competitive Landscape : The Competitive Landscape Project Portfolio Management offers a means for objective assessment and comparison. : Project Portfolio Management offers a means for objective assessment and comparison. Summary : Summary RFID is gaining momentum and is the next wave of SCM and asset monitoring and accountability technology Business Process Management applications offer an opportunity for significant productivity improvements in person-to-person organizational activities Project Portfolio Management systems will see application extending beyond IT to support alignment and decision making throughout organizational operations. Slide 21: Contact Information – Carlo D. Smith Ph.D. Phone: 417.773.4185 Cell: 417.773.4185 email: carlosmith@missouristate.edu

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