• Title/Summary/Keyword: Operational Management Systems

Search Result 545, Processing Time 0.022 seconds

A Framework for Systematic Management of Operational Risks

  • Akpolat, Hasan;Pitinanondha, Thitima
    • International Journal of Quality Innovation
    • /
    • v.10 no.2
    • /
    • pp.1-17
    • /
    • 2009
  • This paper presents a theoretical research framework that was used to analyse operational risk management (ORM) system practices in Australia. It provides a new perspective on how to use national and international operational management system standards as a basis for systematic management of operational risks. Based on the extensive literature review and the analysis of operational risk management system practices that are common in Australian organisations, this paper identifies the critical factors for effective use of an ORM system. The proposed framework could also be used as a model to research ORM system applications in other countries.

Comprehensive Crisis Management System of Operational Continuity Management (운영연속성관리(OCM)관점에서 위기관리통합시스템 구축)

  • Kang, Heau-Jo
    • Journal of Advanced Navigation Technology
    • /
    • v.14 no.1
    • /
    • pp.127-133
    • /
    • 2010
  • The process for establishment of Operational Continuity Management Plan is organized repeatedly of Business Risk Assessment, Crisis Analysis, Business Impact Analysis, Establishing Business Recovery Strategies, Detailed Planning, Plan Execution, Test and Maintenance(Including Monitoring). Therefore, in this paper in response to global environmental change and the construction and operation of social security systems to maximize operational continuity management, crisis management and crisis management systems, building integrated systems for building technology in general and operational continuity management within an organization to understand developed to provide a framework for implementing operational continuity management in terms of crisis management has proposed to build an integrated system.

A Case Study on The User Oriented Management System for Enterprise Information Systems Operational Performance (사용자 중심의 기업정보시스템 운영성과 관리체계에 관한 사례연구)

  • Lee, Yong Geun;Hwang, K.T.
    • Journal of Information Technology Applications and Management
    • /
    • v.22 no.1
    • /
    • pp.109-130
    • /
    • 2015
  • This study aims to provide the results of a case study, based on the action research approach, in which an user-oriented management system for enterprise information systems operational performance is successful developed and applied. This study performs the research and summarizes the results by adopting 5-step approach of action research, i.e., diagnosing, action planning, action taking, evaluating and specifying learning. The most important lessons learned from the study include (1) operation performance measures should be established to be shared by the management and users; (2) evaluation and improvement activities should be performed continually; and (3) formula to calculate the measure should be evolved so that improvement initiatives can be identified. The results of the study are expected to provide the companies intending to develop a management system for enterprise information systems operational performance with the practical and useful information. In addition, it is expected to suggest the research results that can be utilized as a basis for future research in this area.

Capability, Service Orientation, and Performance in the Investment Management Industry

  • Lee, Kang Duck;Jung, Chang Ho;Kim, Yong Jin
    • Asia pacific journal of information systems
    • /
    • v.25 no.3
    • /
    • pp.597-625
    • /
    • 2015
  • Prior research has emphasized the significant effect of service orientation on organizational performance. However, little research on service orientation has been conducted in the financial field, including the investment management service industry in which high quality service for clients is required. In this paper, we propose a research model that centers on the concept of service orientation as a type of dynamic capability affecting firm performance. The research variables include job competency, risk management capability, operational capability, service orientation, and service performance. We assume that service orientation partially mediates the effects of risk management capability and operational capability on service performance. To test the model, we collected data from 391 fund managers in 86 teams (37 investment management companies) and analyzed it with partial least squares (PLS) method. Each of the 391 fund managers was asked to answer team level measures, which is effective for team level analysis. We find that job competency positively affects both risk management capability and operational capability, which in turn affect service orientation. Risk management capability and operational capability are assumed to directly affect service performance. However, risk management capability does not influence perceived service performance, whereas operational capability does affect it. This result indicates that risk management capability does not directly affect service performance. However, via service orientation, considering that risk management inconveniences customers and is geared to enhance service orientation, service performance is positively affected. Operational capability does not influence service orientation, whereas it affects perceived service performance. This result reveals that operational capability directly affects firm performance. As expected, service orientation significantly affects the service performance perception of fund managers. This study contributes to the literature by introducing service orientation to the financial industry and measures and tests team-level service performance. Our findings also provide insights to practitioners because to enhance team performance, managers must focus on service orientation in addition to operational capability.

Development of Tunnel Asset Management (TAM) Program

  • Hamed Zamenian;Dae-Hyun (Dan) Koo
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.576-582
    • /
    • 2013
  • Typical highway infrastructure systems include roadway pavement, drainage systems, tunneling, and other hardware components such as guardrails, traffic signs, and lighting. Tunnels in a highway system have provided significant advantages to overcoming various natural challenges including crossing underneath bodies of water or through mountainous areas. While only a few tunnel failure cases have been reported, the failure rate is likely to increase as these assets age and because agencies have not emphasized tunneling asset management. A tunnel system undergoes a deterioration life cycle pattern that is similar to other infrastructure systems. There are very few agencies in the United States implementing comprehensive tunnel asset management programs. While current tunnel asset management programs focus on inspection, maintenance, and operation safety, there is an increasing need for the development of a comprehensive life cycle tunnel asset management program. This paper describes a conceptual framework for a comprehensive tunnel asset management program. The framework consists of three basic phases including a strategic plan, a tactical plan, and an operational plan to provide better information to the decision makers. The strategic plan is a basic long term approach of tunnel asset management. The tactical plan determines specific objectives and the operational plan actually applies asset management objectives in practice. The information includes operational condition, structural condition, efficiency of the system, emergency response, and life cycle cost analysis for tunnel capital improvement project planning.

  • PDF

Influence of Business Analytics Usage on Operational Efficiency of Information Technology Infrastructure Management

  • Elangovan N;Ruchika Gupta;Sundaravel, E
    • Asia pacific journal of information systems
    • /
    • v.32 no.1
    • /
    • pp.70-91
    • /
    • 2022
  • Organizations today depend and thrive on timely, accurate and strategically relevant information. Business analytics (BA) holds the key to many of these issues. This paper validates a model on how the usage of BA leads to operational efficiency. We identified the factors of basic analytical usage from the Business Capacity Maturity Model (BCMM). The scope of the study is restricted to the Information Technology Infrastructure and Application management domain. A survey was conducted among the managers of the IT companies in Bengaluru, India. The results showed a significant influence of data-oriented culture and BA tools and infrastructure on BA usage. We found a significant influence of BA usage and pervasive use on operational efficiency. The speed to insight is still not practised in organizations. The awareness level of analytical skills in organizations is very low.

On an Approach to Developing the Operational Architecture for a Railway Safety Information System (철도안전 정보시스템의 운영아키텍처 개발 방법론)

  • Kim, Tae-Hyun;Lee, Jae-Chon
    • Journal of the Korea Safety Management & Science
    • /
    • v.9 no.6
    • /
    • pp.9-17
    • /
    • 2007
  • This article addresses the question of how the operational architecture for a railway safety information system should be developed. A successful railway safety information system can be developed by fully reflecting the business process and needs at the enterprise level. To date, there has been minimal research effort towards the development of the operational architecture for a railway safety information system. To this end, a variety of enterprise architectures have been studied so far. In this paper, as an important guideline, DoDAF (Architecture Framework) is selected to be used in developing a railway safety information system. In particular, we propose a method to implement the operational architecture based on DoDAF.

A Management Procedure of Required Operational Capability for 'Low-cost and High-efficiency' Weapon Systems Development ('저비용 고효율'의 무기체계 개발을 위한 군 작전요구성능 관리절차 개선 방안)

  • Lee, Ok-Kyu;Kang, Seok-Joong
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.37 no.1C
    • /
    • pp.109-117
    • /
    • 2012
  • Studying the major wars of the past seventy years, the most fundamental change is the transition of weapon systems to one of convergence and cutting edge / state of the arts technology. Such transition is creating a need for drastic reforms of the weapon systems development process especially in areas of / in regards to effective utilization of IT, reduction of development period, precise establishing of operational concept and, management of required operational capability(ROC). In particular, establishing an accurate operational concept for a new weapon system and efficient management of ROC based on this operational concept is a prerequisite for a low-cost and high-efficiency weapon systems development and in the end, a successful construction of military forces. This paper examines the current management procedure of the ROC of the Korean military and proposes improvements to the procedure while taking into consideration issues of elicitation, analysis and validation of requirements engineering.

A Comprehensive Model for Measuring Information Systems Performance (포괄적인 정보시스템 성과평가모형에 관한 연구)

  • An Bong-Geun;Ju Ki-Jung;Kwon Hae-Ik
    • Korean Management Science Review
    • /
    • v.21 no.2
    • /
    • pp.111-122
    • /
    • 2004
  • Measuring performance of corporate information system has become one of the core issues in that development of the information system requires substantial amount of investments and the system works as a crucial leverage to enhance competitive edge. Most of the previous researches for performance of the information system have narrow and limited focus on such as the effect of user satisfaction and productivity. This paper suggests a model to measures the comprehensive performance which is classified as user scope (user involvement and satisfaction), operational scope (task productivity, task innovation, customer satisfaction, management control) and efficiency scope (financial performance), and to represent the relationship among the scopes by the path analysis model. Followings are conclusions from statistical hypothesis test of the model: (i) user involvement through user satisfaction has positive effect on all the performances in the operational scope, (ii) task innovation and customer satisfaction in the operational scope has statistically significant impact on financial performance but task productivity and management control do not. This conclusion indicates that task productivity and management control has the long term effect in nature, and evaluation of the information system has managerial implication when it Is measured in comprehensive performance which includes internal operational performances as well as financial performance.

Adoption of Smart Sustainability Performance Measurement System (SPMS) in Hotels and Variations across Ratings, Reviews, and Operational Efficiency Scores

  • Ning, Xue;Yim, Dobin;Khuntia, Jiban
    • Journal of Smart Tourism
    • /
    • v.1 no.2
    • /
    • pp.13-18
    • /
    • 2021
  • Hotels have recently started to implement enterprise information systems to measure and report sustainability indicators in a smart manner. However, a complex ownership structure in a hotel chain prevents full smart systems adoption at the individual property level. This study explores how a smart sustainability performance measurement system (SPMS) for waste management adoption correlates with customer ratings, customer reviews, operational efficiency scores, and between franchised and corporate-managed properties. We derive insights from the secondary data constructed from multiple sources for a large multinational hotel chain hotel. The findings suggest that hotels that adopt SPMS have better operational efficiency scores and more customer reviews. Within the hotels that adopted SPMS, corporate-managed hotels have a lower level of ratings than franchised hotels, but they have higher operational efficiency scores and more reviews. We discuss research implications for the concept of smart tourism and hotel management literature and managerial implications.