Monday, March 26, 2007

Balance Score Card

The Balance Score Card transforms organization's vision into a variety of measures which are relevant to achieve results. This will identify control mainly based on 4 areas reflecting strategy in performance.


Development of Balance Score Card

  • What are the expectations of shareholders
    • ------Financial Perspective
  • How we are going to achieve (how to satisfy customer)
    • ------Customer Perspective
  • What is the approach
    • ------Internal Business Perspective
  • Who is involved
    • ------Learning and growthPerspective

Monday, March 05, 2007

ERP and SEM

Enterpise Resource Plan(ERP)

This is an infromation system which integrates the entire funtions of the organaization through a common platform. This will facilitate multi-disciplinary transactions trough a common base.

Strategic Enterprise Management (SEM)

This is an extension of the ERP concept in order to generate strategic information. This will enable the organization to utilize the ERP system to generate strategic advantage.