Article written in 1999
Every Enterprise has a purpose to exist - the purpose being to achieve a leading role in competition with other Organisations. The purpose is to be the best. In order to be the best, there must be a Strategy, which explains the principles around which the Organisation will reap the results it desires. The Strategy is going to define the business that the Organisation is to compete in, the position that the Organisation plans to hold in that business environment and the distinctive competence or competitive advantage that the Organisation has or plans to create. The requirement of having a Mission Statement becomes very vital.
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Many Organisations misuse Mission Statements by articulating high sounding values that are unrealistic or not part of the day-to-day behaviour. The
Mission for any Organisation should evolve from its character, its identity and the reason for its existence. Where do we start?
In most Organisations there is no shortage of data to support these decisions. On-line transaction processing systems designed to run the day-to-day business have been gathering detailed financial, operational, and sales transactions. The real challenge for an Organisation is to intelligently sift through the heap of this historical data to find answers in order to support their cause in making a Strategy to work for their values.
Business intelligent systems, which provide the path to a business Strategy, is all about using the cumulative intelligence in the Organisation's databank to meet one of the needs of a Mission Statement of that Organisation. The requirement of Enabling Technologies becomes very vital. The results from such reporting are very useful to the Management of an Organisation for prioritising the areas in their formation of a business Strategy.
The key word to 'Exist' is 'Strategic thinking'. The greatest challenge facing Managers today arises from their responsibility for identifying the changing long-term business needs and for planning effectively, to meet them. Today the Managers are expected continually to identify future opportunities, to monitor and communicate risks, to take corrective action to avoid excessive exposure.
Do you play Golf? Golfers who ignore the mechanics of their swing and note only how far the ball has traveled are routinely confounded by their inability to predict or control the outcome of their efforts. The same can be said for Enterprises whose Management only cares only about results. That is the reason why World Class Enterprises continually tap into their performance information - the data that provide them with Intelligent Business Decision support.
A study of the enterprise application software market predicts that enterprise resource planning (ERP) software will lose much of its current market share over the next few years, while other types of packages will see significant gains. A conducted the study, defines 'enterprise application' software as enterprise resource planning (ERP), enterprise relationship management, supply chain management (SCM), and electronic commerce programs.
The study shows that ERP software's share of market will fall from an estimated 64 percent of the total market in 1999 to just 28 percent in 2005. (ERP-once the dominant business software application-provides financial and manufacturing applications that double as a corporate platform for information technology.) And it appears that the slide will be irreversible.
Simply "The ERP market will not revive,"
Prabir Sen.
M.Sc Engg (London)
I am a post graduate in Computer Science and have twenty years experience in Oracle, MySql, MsAccess, web design & development, and Significant development & Management skills viz.,Legacy Data Entry, technical writing, project planning and execution, project management, Oracle, MYSql, sql, pl/sql, data flow design, database design, datawarehousing, data extraction, data extraction, database applications viz., manufacturing, scm, crm, financials, hrms,workflow, Oracle discoverer, forms, reports, etc., having expertise in Business Analysis 'and' administration. I also have formidable experience in telecom technology. Prsently I am a Sr. Program Manager with a UK firm, looking after oracle application projects.
I have expertise in specification & project report preparations, preparations of technical tutoring documents, writing of technical articles, technical documentations abstructs of various books, copy writing, reviews, articles, news papers, magazines,presentations, etc., and also contributed in writing press releases. I have good experience in writing papers on various topics
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