process related to the concept of enterprise risk management techniques Introduction The study assignment discusses the process related to the concept of enterprise risk management techniques. The chosen organization is Vodafone that is a UK based telecomm operator here in the study, the basic organizational aims has been discussed based on different relative risk stature. On the other hand there are separate identified opportunities and threats that will also be addressed in this total report. There are certain existing controls that will be created to identify the risk process along with the risk calculators. Moreover what kind of impact does all these risks statures have in the overall operation of Vodafone will also be addressed throughout the report with a suitable conclusion at the end. Discussion Aim of the organization Being a communication technology organization, the company is responsible, for connecting over 625 million people. Hence the organizations of all sizes along with the overall digital society. Hence for certain optimistic purpose about certain new technology and connectivity can enhance the overall future and improve people’s lives. Hence throughout the…
reflection on ERM, how technology, and governance affects enterprise risk management in Apple Inc Introduction Enterprise Risk Management (ERM) is a structured, consistent, and continuous process that focuses on individuals, systems as well as procedures that work together within an organization to systematically manage a series of risks impeding business from accomplishing its goals and opportunities. Accurately identifying risks, and subsequently taking action to prevent the occurrence, can save lives, money, effort, and time. In today’s uncertain world with limited resources and capital, ERM strives to understand the risks associated with opportunity, improves the likelihood of achieving objectives, and minimizes the impact of events for which the company cannot control. There are several critical steps to a successful ERM process, and all of them have to be evident for the program to be successful. These steps include management buy-in, effective communication and consultation, clear and concise policies as well as procedures, adaptive education, and employee training, efficient and effective structure, RM applications in practice, review, and continuous monitoring. The first element of a successful ERM system is to have an…
ENTERPRISE INFORMATION MANAGEMENT Introduction Information management in enterprises has been the driving factor for organizations in the 21st century. Technological innovations and inventions have seized the information management sector for organizations, purging paper-work and initiating flexible, effective, and efficient systems. The innovation of relational databases gave rise to the creation of sophisticated data storage. The increase in information technology has allowed for the development of multiple information management systems that are designed to perform critical functions in organizational management. Organizational charts have dictated the type of informational systems that are produced by organizations and their relevant tasks. According to Bocij, Greasley, & Hickie (2015 p.220), information systems are designed to accomplish specific organizational functions. These distinctions have resulted in different information systems, including Transaction Processing System (TPS), Management Information System (MIS), Decision Support System (DSS), and Executive Support system (ESS). These I.S. systems are designed to complete operational, tactical management, senior management, and executive management functions, respectively. Also, organizational charts resulted in more sophisticated information systems called the Enterprise Resource Planning systems, which were invented to streamline enterprise management functions.…
Security Management In Cloud Computing Most businesses are now adopting cloud services due to the numerous benefits associated with it. The cloud offers more communication facilities choices, and many companies have already reaped the cloud efficiency benefits. However, cloud computing services have unique attributes that require risk assessments in different areas like privacy, data integrity, data recovery, and critical evaluation of specific legal issues involving auditing, regulatory compliance, and e-discovery. As a result, several authors have come into play in order to help in shedding light on the importance of cloud computing and why every organization should adopt it. The authors provide the audience with clear insights on cloud computing including the services provided in the cloud computing error, cloud computing categories that organizations can adopt, the influence of cloud computing on the IT industry, the future of cloud data and privacy, issues associated with cloud computing among other perspectives. By analyzing the five articles, I hope the author’s knowledge insights will help me in getting new online and offline ideas on the application of cloud computing, help me in…
How Cloud Computing Is Changing Management The information technology world is changing due to the creativity and innovation being depicted in the digital world. Cloud computing is one such aspect. The field of management is experiencing changes as a result of the integration of cloud computing. Changes in the management field are as a result of changes in the way data is collected. The first change is the flow of information. With cloud computing, information is being conveyed among and within an organization very first. Features that enhance this process include virtualization as well as automatic security patching. Product designing is also changing through teamwork between the IT department and manufacturers (Hardy, 2018). In general, cloud computing is changing management by changing the IT from a cost center into a new system. The second key issue is cloud computing’s impact on product design and customer experience. The Uber companies are using cloud computing to enhance constant uptime as well as creating an indivisible relationship between product manufacturing and deployment. Hence, it is becoming simpler for the firm’s design products and…
Utilization & Case Management Introduction Case management involves a small team or an individual in the healthcare environment that is responsible for clearly steering the patient through a composite procedure in the most effective way that is accepted (Uittenbroek, et al., 2018, p. 2). For the outpatient setting and or acute setting, case management can take place. A small team and an individual in the case management are responsible for care coordination, care planning, patient assessment, patient’s advocacy, and or evaluation. The main focus of utilization and case management is to help the patient achieve the maximum level of functional capabilities and wellness. The Advanced Practice Nurses have the responsibility of understanding the case management and utilization process. How is this related to managed care and quality care and control issues? Managed care helps in quality healthcare management and controlling the costs of healthcare services. Therefore, managed care has to main objectives of quality healthcare services and fees control. Utilization has a relation to the managed care in that. Utilization evaluates the quality of services in healthcare and the…
Patient medication self-management Priorities of Hadden’s medication self-management The 2001 decision by the Department of Health to launch the Expert Patients Program aimed at improving the involvement of patients in their treatment process, and to enhance their quality of life when living with Long term illnesses. The program was founded on the argument that patients who had suffered long term illnesses were in the best positions to know what they want in managing their conditions. Additionally, the formation of the program also acknowledged the fact that patients were shifting from being just recipients of medical care, but also wanting involvement in decisions on their care and treatment (NICE & Prescribing, 2015). The patient medication self-management was one of the most impactful prepositions of the program, which aimed at mitigating the severity of symptoms and improving the confidence of the patient in the treatment and health conditions management process. However, the most significant challenge of the patient medication self-management proposal was the patient’s desire to be involved and engaged in their own treatment process. A good example is Mr. Hadden, the…
Management Information System MIS 201 Case Study 3: Driving Ari Fleet Management with Real-Time Analytics Why was data management so problematic at ARI? The company managed data for over a million vehicles in the US, Canada, Mexico, Puerto Rico, and Europe, which was overwhelming. This included the management of an entire life cycle and the operations of a large number of vehicles for its clients and data collection on fuel management, repairs, maintenance, financing, and the management of risks for all the customers. ARI also maintained data for six of its call centers in North America, which operated throughout the year. It provided assistance regarding accident response, repairs, preventative measures, and other driver needs. Additionally, to provide reports to internal users, it took ARI approximately 5days to compile the report, and if the report weren’t satisfactory, it would have to be recompiled. With the considerable amount of data that ARI was handling for customers and the company itself, it became almost impossible for the company to do business as usual in terms of data management. Describe ARI’s earlier capabilities for…
Weight Management Weight management is a process of adopting healthy lifestyle to remain healthy and maintain healthy body weight based on a person’s age, height, and sex. If you want to live a healthy lifestyle you have to eat healthy foods and exercise daily. Dieting Weight management includes the set of practices and behaviors that are important to keep your weight at a healthful level. It is also known as “dieting,” because it includes the treatment of obese or overweight people and regulation of food intake. Nutritional Disorder People diagnosed with eating disorders that are not obese or overweight still need to practice weight management. Some health care professionals use the term “nutritional disorders” to cover all disorders related to weight. Obesity The term “weight management” also reflects a change in thinking about treatment of obesity and overweight during the past 20 years. Before 1980, treatment of overweight people focused on weight loss, with the goal of helping the patient reach an “ideal weight” as defined by standard life insurance height-weight charts. In recent years, however, researchers have discovered that…
Strategic Management: A Case of Twitter. Twitter has failed to provide financial gains since 2013 when it went public despite a constant increase in the number of users and the volume of use. In the Fourth Quarter of the year 2017, the company, however, recorded its first profitable quarter with more than 330 million active users monthly as well as notable users such as President Donald Trump, among other celebrities, influencers, and public figures. The report provides an analysis of the company’s strategies that led the eventual success. Twitter faced several challenges. Among them included accumulated deficits (C-138), miscalculated monthly users since the fourth quarter of 2014 (C-138), stiff competition from other social media companies from the year 2012-2018 (C-138), lawsuits and failure to provide net income balance from the years 2014-2018 (C-139). As a result, it could not make profits despite growing the business. The company resolved to restructuring as a means to counter the challenges. It decided to cut costs related to research and development, sales, and marketing expenses. Twitter resolved to restructuring as a strategy to maximize…