The document discusses key concepts in business management including the balanced scorecard, economic value added (EVA), market value added (MVA), and knowledge management. It explains that the balanced scorecard balances financial and non-financial measures to help organizations achieve strategic goals. EVA and MVA are metrics used to evaluate financial performance and shareholder value. Knowledge management involves identifying tacit and explicit knowledge within an organization and sharing best practices to gain competitive advantages.
Strategic Management Accounting for Business and Career SuccessKen Witt
Identifies the skills and competencies that accountants need in order to contribute to the strategic success of their employer in a complex, global business environment.
Strategic Management Accounting for Business and Career SuccessKen Witt
Identifies the skills and competencies that accountants need in order to contribute to the strategic success of their employer in a complex, global business environment.
This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
This presentation provides the complete Role and responsibilities of a person acting as a Finance Manager in any XYZ organization.
One can very well use this as a reference to see the basic Job Description for the post of a Finance Manager and can gain meaningful insights from it.
Management Accounting For Banking DiplomaMilton Kumar
This paper will be helpful for professional bankers who intend to get preparation for Banking Diploma (Part-2), DAIBB.
Very precise note for broad questions.
This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
This presentation provides the complete Role and responsibilities of a person acting as a Finance Manager in any XYZ organization.
One can very well use this as a reference to see the basic Job Description for the post of a Finance Manager and can gain meaningful insights from it.
Management Accounting For Banking DiplomaMilton Kumar
This paper will be helpful for professional bankers who intend to get preparation for Banking Diploma (Part-2), DAIBB.
Very precise note for broad questions.
PROGRAMA “VIDA EN COMUNIDAD” SERVIU Metropolitano Villa San Antonio Comuna ...Try Design
ESTE PROYECTO INICIÓ SUS ACTIVIDADES EN EL MES DE SEPTIEMBRE DE 2005 CON UN AMPLIO TRABAJO EN TERRENO HASTA LA FECHA.
SIENDO EJECUTADO POR UN EQUIPO INTERDISCIPLINARIO DE PROFESIONALES DE LA COORPORACIÓN JUNDEP
THE TIME SAVING BENEFITS OF USING BALANCED SCORE CARD AT THE WORKPLACE Abraham Ncunge
Balanced Score card is applied by organizations to promote performance and productivity through efficiency and effective management by embracing Strategic Management
ALL THE DETAILS ARE MENTIONED IN THE DOCUMENT RELATED TO ALL 4 PERSPECTIVES OF BSC.
-REFERRED MAINLY FOR STRATEGIC COST MANAGEMENT.
-INCLUDES ALL THE EXPLANATION WITH APPROPRIATE EXAMPLES & CASE STUDY
Balanced Scorecard is a management tool that provides stakeholders with a comprehensive measure of how the organization is progressing towards the achievement of its strategic goals.
Balances financial and non-financial measures
Balances short and long-term measures
Balances performance drivers (leading indicators) with outcome measures (lagging indicators)
Leads to strategic focus and organizational alignment.
Business valuation is the method involved in deciding the financial worth of an organization. A basic activity includes surveying different variables to show up at a gauge of what the business is worth in the commercial center. Understanding the worth of a business is fundamental for different purposes, including consolidations and acquisitions, raising capital, tax collection, Financial reporting and estate preparation.
Consulting services in: Strategy, Integral Business Management (BSC), Finance, Accounting and Tax, Industrial Controlling, Project Management and Lean Manufacturing.
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Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™UiPathCommunity
In questo evento online gratuito, organizzato dalla Community Italiana di UiPath, potrai esplorare le nuove funzionalità di Autopilot, il tool che integra l'Intelligenza Artificiale nei processi di sviluppo e utilizzo delle Automazioni.
📕 Vedremo insieme alcuni esempi dell'utilizzo di Autopilot in diversi tool della Suite UiPath:
Autopilot per Studio Web
Autopilot per Studio
Autopilot per Apps
Clipboard AI
GenAI applicata alla Document Understanding
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Stefano Negro, UiPath MVPx3, RPA Tech Lead @ BSP Consultant
Flavio Martinelli, UiPath MVP 2023, Technical Account Manager @UiPath
Andrei Tasca, RPA Solutions Team Lead @NTT Data
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Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
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The Metaverse is popularized in science fiction, and now it is becoming closer to being a part of our daily lives through the use of social media and shopping companies. How can businesses survive in a world where Artificial Intelligence is becoming the present as well as the future of technology, and how does the Metaverse fit into business strategy when futurist ideas are developing into reality at accelerated rates? How do we do this when our data isn't up to scratch? How can we move towards success with our data so we are set up for the Metaverse when it arrives?
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Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
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Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
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Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
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📕 Curious on our agenda? Wait no more!
10:00 Welcome note - UiPath Community in Dubai
Lovely Sinha, UiPath Community Chapter Leader, UiPath MVPx3, Hyper-automation Consultant, First Abu Dhabi Bank
10:20 A UiPath cross-region MEA overview
Ashraf El Zarka, VP and Managing Director MEA, UiPath
10:35: Customer Success Journey
Deepthi Deepak, Head of Intelligent Automation CoE, First Abu Dhabi Bank
11:15 The UiPath approach to GenAI with our three principles: improve accuracy, supercharge productivity, and automate more
Boris Krumrey, Global VP, Automation Innovation, UiPath
12:15 To discover how Marc Ellis leverages tech-driven solutions in recruitment and managed services.
Brendan Lingam, Director of Sales and Business Development, Marc Ellis
6. Balanced Scorecard is a
management tool that provides
stakeholders with a comprehensive
measure of how the organization is
progressing towards the
achievement of its strategic goals.
7. Managing Performance with Balanced Scorecard
Balances financial and non-financial measures
Balances short and long-term measures
Balances performance drivers with outcome
measures .
Leads to strategic focus and organizational
alignment.
11. PERSPECTIVES OF BALANCED SCORE CARD
FINANCIAL PERSPECTIVE
CUSTOMER PERSPECTIVE
BUSINESS PROCESS PERSPECTIVE
LEARNING GROWTH PERSPECTIVE
12. In private companies, the financial
perspective is the main objective (ultimate
goal) – without having to sacrifice the
interests of other relevant stakeholders
(community, environment, government,
etc.)
In the financial perspective, the strategic
goal is the long-term shareholder value.
This goal is driven by two factors, namely :
revenue growth and cost efficiency.
13. Customer Perspective
This perspective is very instrumental, because without
customers, how can a company survive?
Customer perspective covers the following elements:
• Customer acquisition
• Customer retention
• Customer profitability
• Market share
• Customer satisfaction
14. This perspective reflects the processes in key
business that should be optimized in order to
meet the needs of the customers.
There are four main themes in this
perspective, namely:
•Operations Management Process
•Customer Management Process
•Innovation Process
•Regulatory and Social Process
15. This perspective reflects the capability that
a company should have, namely:
• Human Capital
•Organization Capital
•Information Capital
This perspective shows us that good human
resource development system,
organizational system and information
system forms a solid foundation for
improving company performance.
16. Acquisition of materials that are
likely to be used
Prompt response to user requests
Control of unit costs
Acquisition of more digital
materials
17.
18. Economic value added is a financial
performance method to calculate
the true economic profit of a
corporation
19. Continued…
Economic value added can be calculated as net
operating after taxes profit minus a charge for
the opportunity cost of the capital invested.
Economic value added is an estimate amount by
which earnings exceed or fall short of the
required minimum rate of returns for
shareholders or lenders at comparable risk.
20. Continued…
Unlike market-based measures, such as
MVA,EVA can be calculated at divisional
(strategic business unit)level.
Unlike stock measures, EVA is a flow and
can be measured for performance
evaluation over time.
Unlike accounting profit, such as EBIT, net
income and EPS, EVA is economic and is
based on the idea that a business must
cover both the operating costs and the
capital costs.
21. Setting organizational goals.
Performance measurement.
Determining bonuses.
Communication with shareholders and
investors.
Motivation of managers.
Capital budgeting.
Corporate valuation.
Analyzing equity securities.
22.
23. Market value added is the difference
between the equity market valuation of
a listed/quoted company and the sum
of the adjusted book value of debt and
equity invested in the company.
It is the sum of all capital claims held
against the company; the market value
of the debt and the market value of the
equity.
24. The higher the market value added (MVA),the better.
A high MVA indicates the company has created
substantial wealth for the shareholders.
MVA is equivalent to the present value of all future
expected EVAs.
25. Negative MVA means the the value of actions
and investments of management is less than
the value of capital contributed to the company
by the capital markets. This means the value or
the wealth has been destroyed.
26. NOTE:
The aim is to maximize MVA , not to maximize the
value of the firm, since this can be easily
accomplished investing ever-increasing amount of
capital.
MVA does not take into account the opportunity cost
of the invested capital
MVA cannot be calculated at divisional(strategic
business unit) level and cannot be used for private
held companies.
27.
28. We define knowledge management as
a business activity with two primary
aspects:
1).Treating the knowledge component
of business activities as an explicit
concern of business reflected in strategy,
policy, and practice at all levels of the
organization.
29. 2).Making a direct connection between an
organization’s intellectual assets — both
explicit [recorded] and tacit [personal know-
how] — and positive business results.
30.
31. Knowledge management often encompasses
identifying and mapping intellectual assets
within the organization.
Generating new knowledge for competitive
advantage within the organization.
Making vast amounts of corporate
information accessible.
Sharing of best practices, and technology that
enables all of the above — including
groupware and intranets.
32.
33. Marketplaces are increasingly competitive and the
rate of innovation is rising
Reductions in staffing create a need to replace
informal knowledge with formal methods.
Competitive pressures reduce the size of the work
force that holds valuable business knowledge.
The amount of time available to experience and
acquire knowledge has diminished.
Early retirements and increasing mobility of the
work force lead to loss of knowledge.
Changes in strategic direction may result in the loss
of knowledge in a specific area.
34. Categorization of knowledge
management approaches
Management of Information:
Objects that can be identified and handled in
information systems.
Management of People:
For researchers and practitioners in this
field, knowledge consists of "… processes, a
complex set of dynamic skills, know-how,
etc., that is constantly changing."
35. T.R JAIN (INTRODUCTION TO
ECONOMICS) BOOK.
MANAGEMENT BOOK KOONTZ.
POONAM GANDHI BUSINESS STUDIES
BOOK.
FOR IMAGES GOOGLE IMAGE SEARCH.