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Successfully Managing Contract Risk
Contractors and subcontractors are both exposed to risk within a project. Thus, it is equally important to both parties that formalized risk management be

define quantitative technics  Currency Risk Management | Define Risk Management | Effective Risk Management | Enterprise Risk Management | Enterprise Risk Management Framework | Enterprise Risk Management Training | Finance Risk Management | Global Risk Management | Information Risk Management | Information Technology Risk Management | Investment Risk Management | Legal Risk Management | Market Risk Management | Operation Risk Management | Operational Risk Management | Quantitative Risk Management | Risk Project Management | Safety Read More
Business Process Management (BPM)
Business process management (BPM) defines, enables, and manages the exchange of enterprise information through the semantics of a business process view, which involves employees, customers, part...
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Documents related to » define quantitative technics


Human Capital Management: How Top Organizations Drive Company Profits Efficiently
This benchmarking study analyzes human resources (HR) performance for over 200 best-practice companies in three categories: process and transactional support

define quantitative technics  Top- performing companies sharply define the role of the HR business partner, while average companies allow the role to blend with that of the HR generalist who is also responsible for a variety of transactional tasks. True HR business partners spend less than 20% of their time on administrative tasks, and make change management a key responsibility. Top-performing companies even measure HR business partners by the success of such change programs. In this role, they also work with company leadership Read More
Better Performance Management for Service Companies
It’s been my experience in the business intelligence (BI) and business performance management (BPM) fields—and I’m sure it’s true in other software areas—that

define quantitative technics  long-term, and how to define clear and assertive KPIs that focus on achieving a complete view of the organization and the level of satisfaction it provides to its customers. The book’s four sections cover the following main topics: The basics of performance management The effective use of data The strategic analysis of data for measuring service performance The transformation of service operations and its impact on customer experience The book is organized to follow the implementation of a service Read More
Reducing Operational Risk of IT Service in Finance
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New

define quantitative technics  as the means to define an IT system service catalog. That is, when using Centauri, not only does FMEA provide a statement of risk, but it also establishes a fully working measurement, root cause analysis, and reporting mechanism that greatly limit the effects of the failure through alert notification. FMEA Example: Electronic Banking The following simplified example illustrates FMEA for a bank?s online bill payment process. See Figure 2 for illustration. The FMEA steps required to construct this model Read More
Processing Complex Events (During these, oh well, Complex Times) - Part I
The worn-out saying about how we learn new things every day applies to this blog topic too. Namely, my interest in Progress Software Corporation has long been

define quantitative technics  enable users to rapidly define event-based business rules to identify patterns indicating opportunities and threats to the business. These encapsulated rules (either as if-then statements or structural query language [SQL] statements) are loaded into a real-time computing (RTC ) CEP engine. The correlating engine is permanently connected to multiple event sources and destinations (with volumes of events and related data points) and offers analysis and response within an extremely low latency period. Read More
Vertical Marketing--What Is A Vertical?
What is vertical marketing? Vertical marketing is product and promotion efforts targeted at specific industries. Many benefits are derived from vertical

define quantitative technics  a Vertical Vendors often define vertical markets as groups of customers who provide development and marketing efficiencies, for example, a set of customers having the same product needs are often defined as a vertical. A good example is the market for manufacturing software. That market is usually subdivided into process and discrete. While this is meaningful from a product function point of view, it may not be very meaningful relative to marketing. End users do not think in terms of verticals. They do Read More
Building Talent Pipelines
Organizations need to define, attract, and develop critical talent. This paper outlines a 12-step methodology for building critical talent pipelines and

define quantitative technics  Pipelines Organizations need to define, attract, and develop critical talent. This paper outlines a 12-step methodology for building critical talent pipelines and provides insights into strategy and initiatives. Read More
Quality Management
In today’s global market, providing quality products and services is essential for any manufacturer’s continued growth—but maintaining a competitive edge is not

define quantitative technics  enables the user to define QC criteria with stage-wise requirements, sampling plans and accepted quality levels. Validation is available against defined inspection criteria, as also lot-wise test results. Stagewise QC during production process enables reporting on quality with trend analysis. The aim to provide a total quality solution. Searches related to Quality Management : Quality Mangement | Total Quality Management | Quality Control Management | Quality Management Tools | Quality Management Read More
Leveraging Device Generated Data for Business Growth
Businesses today are recognizing that data is an asset and proper analysis can help generate higher efficiencies, lower costs, improve customer service, and

define quantitative technics  improve customer service, and define new products. There is sizable excitement around this, especially as new sources of data are being tapped every day. However, a successful data management requires investment in people, processes, and technology. Most organizations fail because they lack the commitment required from management to create a holistic data-centric organization. Read More
IT Operations: Where the Rubber Meets the Road
Customers and users see the value of IT services only after they’re in operation. Unfortunately, preparation and due diligence doesn’t always mean that you end

define quantitative technics  on how to better define and document IT operations design and transition—so ultimately, your customers and users get the services they demand. Read More
CRM: What Is It and Why Do It? Part One: Historical Background
Many consultants, vendors, and analysts today define CRM in terms of being a customer-centric business strategy that is enabled by a set of applications that

define quantitative technics  vendors, and analysts today define CRM in terms of being a customer-centric business strategy that is enabled by a set of applications that support customer-facing functions and management decision making. That may capture the essence of what CRM is, but it does not begin to capture why an end user organization should invest significant resources to pursue such an initiative. End user organizations can become further confused by industry messages that use vague terminology like being customer centric and Read More
Employee Engagement: How Common-Sense Principles Drive Uncommon Business Benefits
Employee engagement is one of those slippery concepts that’s talked about a lot but is somewhat hard to define. The focus is on intense, almost unattainable

define quantitative technics  is somewhat hard to define. The focus is on intense, almost unattainable zeal—an emotional type of engagement. But for most jobs, it is the rational type of employee engagement that usually matters most. Know what drives rational employee engagement so your organization can achieve high levels of business performance. Read More
SYSPRO ERP Version 6.1: A New Release for People Being Visionary and Pragmatic-At the Same Time
About two years ago, my colleague P.J. Jakovljevic wrote a blog post about SYSPRO, which started with the description of a very interesting strategy that the

define quantitative technics  An integrated engine to define and manage workflows, which is part of the business process management (BPM) solution offered by SYSPRO. •  SYSPRO Process Modeling (SPM) :  Another component of SYSPRO BPM, which allows all the users involved in process modeling to define process requirements and create processes accordingly. •  Inventory optimization (IO) : Helps users and decision makers understand the causes of shortages, overstock, etc., and the parameters that cause these problems but also Read More
Payroll: The Key to Activity-based Costing for Nurseries, Farms, and Greenhouses
Find out why activity-based costing (ABC) is the best solution to define your costs, accounts, and activities. In this paper, you will learn how a payroll

define quantitative technics  the best solution to define your costs, accounts, and activities. In this paper, you will learn how a payroll-oriented ABC will help you make more accurate managerial decisions for your agribusiness. Read More
Are You Ready for the Cloud?
In almost every organization’s internal meetings and corridors, there’s a lot of chattering about whether cloud computing is an option that can bring tangible

define quantitative technics  measure, explore, and describe. Define What to Move to the Cloud To start, it’s important to define primarily what you are going to move to the cloud: data, processes, or both. There are a vast number of options when taking this into consideration. Depending on what you are planning to move to the cloud, it will be necessary to consider what you will need in terms of cloud model providers: •    A software-as-a-service (SaaS) provider: to move your data to the cloud and let a vendor provide you Read More

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