Beautiful Pictures
Economists have long insisted the market is "efficient" and "random," with little to no relationship between one move and the next. This view suggests we can learn nothing from studying the stock market's past, and that its turning levels are impossible to anticipate. Robert Prechter challenges this view and more in his book, Beautiful Pictures from the Gallery of Phinance. Chart after chart displays price and time relationships that adhere to ratios attaching to a series of numbers called the Fibonacci sequence. The vast web of market similarities Prechter reveals in Beautiful Pictures presents the opportunity to understand the mathematical basis of social mood, which regulates stock price averages. The final pages record an application of the idea to real-time market forecasting. Take advantage of that opportunity and discover a whole new market perspective.
Xr Case Studies
There's more to Murphy; Virtual Reality in the construction sector.- Orthopaedic Surgical Training with Virtual Reality: OySTeR-VR.- Innovation flows through VR for water utility.- Making training more effective with Shared VR: Lanes Group plc improves employee retention and reduces the costs of recruitment and training.- Heroes to meet in virtual reality; New media content remediation.- Use of Augmented and Virtual Reality for Enhancement of Aerospace Cabin and Cockpit Experience.- AR and VR to enrich Cultural Heritage and Retail experiences: ETT Case Studies and guiding principles Viarama: Virtual Reality for Good.- Use of Virtual Reality for Hazard Safety Training to Reduce High Risk and Significant Safety Incidents and Increase Training Engagement.- Stations AR Simulated Digital Twin.- US Air Force Weather Training Platform - use of Virtual Reality to Reduce Training and Equipment Maintenance Costs whilst Improving Operational Efficiency and Retention of US Air Force Personnel.- A Preeminent Digital Production Studio Collaborates with one of America's Most Innovative Universities to Explore the Use of Virtual Reality for Learning.- Virtual reality's role in improving student knowledge and engagement in the materials testing laboratory.- Bank of Ireland tests meetings in virtual reality.- How INVISTA's Transforming Manufacturing Training with Virtual Reality.- Use of virtual reality to support rapid upskilling of healthcare professionals during COVID19 pandemic.- Cost-effective and eco-friendly fire investigation training using photorealistic interactive room scale virtual reality.
Transform Behaviors, Transform Results!
The book defines and describes the importance of focusing on the behaviors necessary for sustainable change rather than focusing on the tools and methodology behind change management.
Process Querying Methods
This book presents a framework for developing as well as a comprehensive collection of state-of-the-art process querying methods. Process querying combines concepts from Big Data and Process Modeling and Analysis with Business Process Intelligence and Process Analytics to study techniques for retrieving and manipulating models of real-world and envisioned processes to organize and extract process-related information for subsequent systematic use. The book comprises sixteen contributed chapters distributed over four parts and two auxiliary chapters. The auxiliary chapters by the editor provide an introduction to the area of process querying and a summary of the presented methods, techniques, and applications for process querying. The introductory chapter also examines a process querying framework. The contributed chapters present various process querying methods, including discussions on how they instantiate the framework components, thus supporting the comparison of themethods. The four parts are due to the distinctive features of the methods they include. The first three are devoted to querying event logs generated by IT-systems that support business processes at organizations, querying process designs captured in process models, and methods that address querying both event logs and process models. The methods in these three parts usually define a language for specifying process queries. The fourth part discusses methods that operate over inputs other than event logs and process models, e.g., streams of process events, or do not develop dedicated languages for specifying queries, e.g., methods for assessing process model similarity. This book is mainly intended for researchers. All the chapters in this book are contributed by active researchers in the research disciplines of business process management, process mining, and process querying. They describe state-of-the-art methods for process querying, discuss use cases of process querying, and suggest directions for future work for advancing the field. Yet, also other groups like business or data scientists and other professionals, lecturers, graduate students, and tool vendors will find relevant information for their distinctive needs.Chapter "Celonis PQL: A Query Language for Process Mining" is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
SAP S/4hana Conversion
Succeed in your conversion to SAP S/4HANA. This book will help you understand the core aspects and implement a conversion project.You will start with an overview of the SAP S/4HANA conversion tools: Readiness Check, Simplification Item Check report, Maintenance Planner, Custom Code Analysis, SUM (Software Update Manager), and more. You will understand the preparation activities for SAP FI (Finance), SAP CO (Controlling), SAP AA (Asset Accounting), Material Ledger, and COPA (Controlling-Profitability Analysis). And you will find the SAP CVI (Customer/Vendor Integration) steps that can help consultants understand the mandatory activities to be completed as a part of preparation on the SAP ECC (ERP Central Component) system. You will learn the preparation activities for conversion of accounting to SAP S/4HANA, and migration activities: customizing, asset accounting, controlling, and house bank accounts. You will gain knowledge on data migration activities such as the migration of cost elements, technical check of transactional data, material ledger migration enrichment of data, migration of line items, balances, and general ledger allocations to journal entry tables.After reading this book, you will know how to use the Migration Cockpit for data migration and post-conversion activities to successfully execute and implement an SAP S/4 HANA conversion. What You Will LearnChoose an ideal path and planning tools for SAP S/4HANAStart with the preparation step: General Ledger Accounting, Asset Accounting, Controlling, Material Ledger, and so onUse Migration Cockpit for conversion preparation, migration, and post-migration activitiesWho This Book Is ForSAP application consultants, finance consultants, and CVI consultants who need help with SAP S/4HANA conversion
Valuing Digital Business Designs and Platforms
Chapter 1. Digital Business Designs and Platforms.- Chapter 2. Developing a Covid-19 vaccine to save the world.- Chapter 3. Ride-hailing - Is sharing the new owning?.- Chapter 4. The streaming revolution in global media & the down of an epic battle.- Chapter 5. Airbnb: From double-sided accommodation to multi-sided experience platform?.
Counterfeiting and Fraud in Supply Chains
Counterfeiting and Fraud in Supply Chains explains the reasons behind the popularity of counterfeiting and fraud among both consumers and companies, a systematic and holistic overview and critical examination of the situations that have caused an increasing trend of those criminal activities.
Open Source Systems
This book constitutes the refereed proceedings of the 17th IFIP WG 2.13 International Conference on Open Source Systems, OSS 2021, held virtually in May 2021.The 4 full papers and 3 short papers presented were carefully reviewed and selected from 23 submissions. The papers cover a wide range of topics in the field of free/libre open source software (FLOSS) and discuss theories, practices, experiences, and tools on development and applications of OSS systems, with a specific focus on two aspects: (a) the development of open source systems and the underlying technical, social, and economic issue, (b) the adoption of OSS solutions and the implications of such adoption both in the public and in the private sector.
Responsible Innovation Management
Dark Side of Digitalisation: Discussion on Information Confidentiality and its Protection Mechanisms.- Main Challenges and Disruptions to Supply Chain Management in Adopting the Blockchain Technology.- Sustainable Human Resource Management and Innovation.- Building the Culture of Developing Responsible Innovation: A case study of Fotile.- Money Talks: How Crowdfunding Facilitate the Growth of Micro, Small and Medium-Sized Enterprises (MSMEs)?.
Responsible Procurement
This open access book emphasizes that procuring goods at the expense of the environment and those who live there is no longer acceptable. Fortunately, there is now an unstoppable force, created by a collective of diverse stakeholders, driving the sustainability agenda. A company's sustainability standards can only truly be as good as those along its entire supply chain. The purpose of this book is to encourage and inspire companies on their journey to transform into responsible and sustainable businesses by addressing the supply chain, which reflects a significant part of a company's expenses and thus
Software Development Activity Cycles
The principal benefit this book is to provide a holistic and comprehensible view of the entire software development process, including ongoing evolution and support. It treats development as a collaborative effort with triad communication between a tester, a programmer, and a representative from the user community or a Subject Matter Expert (SME). Progress is measured by user acceptance in each cycle before proceeding to the next step of an activity. There is no test stage in the DPAC model: continuous testing is represented in the backswing (Check Phase) of each activity cycle. This approach posits that there exists some "happy path" that represents the intent of the project as declared by the objectives of a Vision Statement, and that this path can be revealed by an iterative and incremental process of "freeing the statue from the stone." As the image of this path unfolds, more waste is removed while retaining conceptual integrity. The example presented herein walks the reader through an application of the model. This book should be of great interest to Product and Project Managers new to the concept of a lean agile development effort, and all practitioners of an agile methodology or those considering or just beginning an agile journey.What You'll LearnSee how the various disciplines constituting the software development process come togetherUnderstand where in the development process management, you can exercise measurement of progress and controlReview how a quality engineering program will positively affect the quality of the development processExamine how the quality of the development process profoundly affects the quality of the software systemWho This Book Is ForManagers, from the C-Suite (CEO, CXO, CIO) to line managers including project managers, and practitioners including programmers, testers, and mid-level managers (Technical Project Managers, Software Quality Engineers, and Coaches). Also, Agile enthusiasts who are looking for a software development methodology on which to place their hat.
SAP Enterprise Architecture
Does digital transformation ever stop? The answer is a resounding "no" and this book guides you in developing an SAP enterprise architecture that prepares you for constant technology changes.The book introduces enterprise architecture, the role it plays in executing successful business strategy, and its application in SAP. A detailed step-by-step guide teaches you how to utilize SAP Enterprise Architecture Designer to model the four key areas: business, data, landscape, and requirements. Executives will gain insight into the considerations that will aid them in building their digital transformation road map while remaining agile to adapt to unforeseen circumstances. and adapting to the new normal. SAP partners and consultants will find their place in SAP's future.By the end of this book, you will learn what SAP enterprise architecture is and how to develop it along with its best practices.You Will UnderstandThefundamentals of enterprise architectureSAP enterprise architectureHow SAP Enterprise Architecture Designer helps your enterpriseBusiness, information, and infrastructure architecture Enterprise architecture best practicesHow enterprise architecture can prepare your business for the futureWho This Book Is ForExecutives who currently run SAP implementations or are considering SAP implementations, SAP partners and consultants along with aspiring SAP consultants, and technology enthusiasts interested in understanding and articulating IT and business alignment through enterprise architecture
Operations Research
This is the third edition of a textbook that has been used in a number of undergraduate courses and covers the standard models and techniques used in decision-making in organizations. The main emphasis of the book is on modelling business-related scenarios and the generation of decision alternatives. Fully solved examples from many areas are used to illustrate the main concepts without getting bogged down in technical details. The book presents an approach to operations research that is heavily based on modelling and makes extensive use of sensitivity analyses. It is the result of the authors' many years of combined teaching experience. The third edition includes new topics such as nonlinear programming and reliability theory, as well as additional material on multi-attribute decision-making. Each chapter includes a number of fully solved problems that allow students to practice or self-study. Additional problems are available on the book's accompanying website.
Data Governance and Compliance
This book sets the stage of the evolution of corporate governance, laws and regulations, other forms of governance, and the interaction between data governance and other corporate governance sub-disciplines. Given the continuously evolving and complex regulatory landscape and the growing number of laws and regulations, compliance is a widely discussed issue in the field of data. This book considers the cost of non-compliance bringing in examples from different industries of instances in which companies failed to comply with rules, regulations, and other legal obligations, and goes on to explain how data governance helps in avoiding such pitfalls.The first in a three-volume series on data governance, this book does not assume any prior or specialist knowledge in data governance and will be highly beneficial for IT, management and law students, academics, information management and business professionals, and researchers to enhancetheir knowledge and get guidance in managing their own data governance projects from a governance and compliance perspective.
Mergers & Acquisitions
Mergers & acquisitions are an essential instrument of strategic corporate management for companies of all sizes. The success of an M&A project highly depends on an optimal transaction preparation, fast execution and the experience of all parties involved. Due to numerous endogenous and exogenous influences, no two M&A transactions are alike at the detailed level. This book is designed as a practical M&A guide for students and professionals alike. In addition to dealing with important basics of mergers & acquisitions, the focus is on a structured and in-depth examination of the individual process steps of a typical company sale. At various points in this book, specific differences between a company sale of medium-sized companies (mid-caps) and large companies (large-caps) are discussed in detail.
Matheuristics
This book is the first comprehensive tutorial on matheuristics. Matheuristics are based on mathematical extensions of previously known heuristics, mainly metaheuristics, and on original, area-specific approaches. This tutorial provides a detailed discussion of both contributions, presenting the pseudocodes of over 40 algorithms, abundant literature references, and for each case a step-by-step description of a sample run on a common Generalized Assignment Problem example. C++ source codes of all algorithms are available in an associated SW repository.
Managing Robotics in Retail
This book answers the question of how to manage service robots in brick-and-mortar dominated retail service systems to allow for key stakeholders' adoption and to foster value co-creation. It starts by demonstrating the scientific relevance of the topic as well as deriving a set of promising research questions. After introducing service-dominant logic as a theoretical research lens and elucidating service systems along with their underlying concept of value co-creation as relevant key concepts, five studies are presented. The author織s findings show that understanding and differentiating between consensus, shared and idiosyncratic drivers of and barriers to the adoption of service robots in retail service systems by all key stakeholders, i.e. customers, frontstage employees, and retail managers, is crucial to be able to fully cope with the complexity inherent in the adoption of service robots in service organizations. Moreover, the designed and evaluated artifact fosters a paradigm shift from a one-time technology introduction to a continuous technology management approach including iterations of experimenting, piloting, and implementing.
Supply Chain Finance
Background of Supply Chain Finance.- Model of Credit Empowerment.- Developement Stages of Credit Empowerment.- Technical and Legal foundation of Digital Debt Instruments.- Credit Empowerment Practice Based on Digital Debt Instruments.- Introduction of Supply Chain Finance Solutions.- Risk Management in Supply Chain Finance.- Future of Credit Empowerment.
Information and Communication Technologies for Agriculture--Theme III: Decision
This volume is the third (III) of four under the main themes of Digitizing Agriculture and Information and Communication Technologies (ICT). The four volumes cover rapidly developing processes including Sensors (I), Data (II), Decision (III), and Actions (IV). Volumes are related to 'digital transformation" within agricultural production and provision systems, and in the context of Smart Farming Technology and Knowledge-based Agriculture. Content spans broadly from data mining and visualization to big data analytics and decision making, alongside with the sustainability aspects stemming from the digital transformation of farming. The four volumes comprise the outcome of the 12th EFITA Congress, also incorporating chapters that originated from select presentations of the Congress. The focus of this book (III) is on the transformation of collected information into valuable decisions and aims to shed light on how best to use digital technologies to reduce cost, inputs, and time, toward becoming more efficient and transparent. Fourteen chapters are grouped into 3 Sections. The first section of is dedicated to decisions in the value chain of agricultural products. The next section, titled Primary Production, elaborates on decision making for the improvement of processes taking place with the farm under the implementation of ICT. The last section is devoted to the development of innovative decision applications that also consider the protection of the environment, recognizing its importance in the preservation and considerate use of resources, as well as the mitigation of adverse impacts that are related to agricultural production.Planning and modeling the assessment of agricultural practices can provide farmers with valuable information prior to the execution of any task. This book provides a valuable reference for them as well as for those directly involved with decision making in planning and assessment of agricultural production.Specific advances covered in the volume: Modelling and Simulation of ICT-based agricultural systemsFarm Management Information Systems (FMIS) Planning for unmanned aerial systems Agri-robotics awareness and planning Smart livestock farming Sustainable strategic planning in agri-production Food business information systems
Global Technology Management 4.0
Technology is pervasive in today's globalized world. Moreover, technology and globalization drive competitiveness and strategy, and must be managed well. This textbook uses technology management as the central theme to cover multiple business and social facets, including digital transformation, cybersecurity, international operations, marketing, finance, culture, human capital, and the political economy. The book is divided into four sections. Part 1 examines the confluence of globalization and technology from the first Industrial Revolution to the current Fourth Industrial Revolution. Part 2 introduces strategic and analytical metrics and models that are crucial to managerial decision-making. Part 3 discusses the basics of cybersecurity and combating cyber-threats to protect organization and its stakeholders. Part 4 focuses on sustainable operations, global projects, and digital transformation in a technology-centric, globalized world. The book will help students learn how to navigate business aspects of globalization and technology in the 4th Industrial Revolution (4IR). For instructors, the learning objectives and discussion questions help guide students in grasping the material.
Improving Supply Chains in the Oil and Gas Industry
This book analyses and proposes solutions to one of the core challenges faced in the Maintenance, Repair and Operations (MRO) supply chains in the oil and gas industry, a field that is currently impacted by low oil prices, emerging technologies and a societal transition to cleaner energies. It describes the end-to-end nature of the oil and gas supply chain, and challenges paradigms and accepted ways of working within the industry - such as wastes driven by broken interfaces, naivete regarding supply chains, and the practice that considers re-organisation to be the answer to these challenges - and identifies opportunities to shift this paradigm towards reliability and value. Moreover, the book shares the authors' front-line experience and encourages readers to consider deploying the solutions presented in their own contexts. The insights from the book's 12 modules are based on personal experiences and are industry-generic, allowing them to be transferred to other MRO supplychains. Readers are encouraged to use this book as a reference for their own supply chain transformations. The book is primarily intended for practitioners, including chief operating officers, chief financial officers, chief supply chain officers, engineers and heads of procurement, purchasing, operations, and materials management.
Facility Layout
This book presents a structured approach to develop mathematical optimization formulations for several variants of facility layout. The range of layout problems covered includes row layouts, floor layouts, multi-floor layouts, and dynamic layouts. The optimization techniques used to formulate the problems are primarily mixed-integer linear programming, second-order conic programming, and semidefinite programming. The book also covers important practical considerations for solving the formulations. The breadth of approaches presented help the reader to learn how to formulate a variety of problems using mathematical optimization techniques. The book also illustrates the use of layout formulations in selected engineering applications, including manufacturing, building design, automotive, and hospital layout.
Digital Technology in Service Encounters
Digital technology is disrupting the prerequisites for most firms in the service industry and frequently forces them to reassess the ratio of human interaction and technology use in service encounters. To retain competitiveness, it seems mandatory to increase service encounter efficiency by embedding digital technology into the existing processes. However, there is little empirical evidence on how such technological implementations affect the sentiments, attitudes, and behaviors of frontline employees. Likewise, research on interrelated customer responses is scarce. To address this matter, this book presents four distinct yet related studies to investigate the impact of digital technology on frontline employees, customers, and ultimately service firms. The results and implications provide meaningful insights for theory and practice.
Improving Processes for Health Care Delivery
This work prepares current and future managers and consultants focused on health care delivery systems to improve the efficiency of processes that deliver care. This material will help you manage capacity, improve patient flow, estimate process costs, and conduct experiments that lead to process improvement. Essential tools covered include process mapping and measurement, data collection and analysis, and the use of discrete event simulation as a tool for virtual experimentation and improvement. Tools are introduced with no assumption of prior training. Many examples of settings, problems, and solutions are presented, along with a generalized approach to process improvement that is specifically tailored to health care settings. Readings, exercises, and cases suitable for discussion or end-course projects are also provided. Writing is based on a decade of experience teaching at the MBA and MS levels, managing dozens of improvement processes, and a host of our prior scholarly publications, book chapters, and case studies.
Data Governance for Managers
Professional data management is the foundation for the successful digital transformation of traditional companies. Unfortunately, many companies fail to implement data governance because they do not fully understand the complexity of the challenge (organizational structure, employee empowerment, change management, etc.) and therefore do not include all aspects in the planning and implementation of their data governance. This book explains the driving role that a responsive data organization can play in a company's digital transformation. Using proven process models, the book takes readers from the basics, through planning and implementation, to regular operations and measuring the success of data governance. All the important decision points are highlighted, and the advantages and disadvantages are discussed in order to identify digitization potential, implement it in the company, and develop customized data governance. The book will serve as a useful guide for interested newcomers as well as for experienced managers.
AI Battle Royale
AI, Big Data and other 4th industrial revolution technologies are poised to wreak havoc in virtually every industry, unlocking huge productivity gains via automation of labor both manual and cognitive. Less discussed are the impacts on workers, who see the value of their skills erode, along with the menace of mass structural unemployment. How can workers assess their vulnerabilities? What can they do to improve their prospects, effective immediately? In this book, you will learn how to: - Survey new tech and decrypt their potential impacts on work - Assess your strengths and weaknesses in the face of AI, the shared economy, and other tech-propelled threats- Foment a battle plan to survive and thrive Ashley Recanati provides guidance for employees to rise above their peers and preserve their value, in a book that will interest managers and scholars, but foremost destined to ordinary workers.
Blockchain Gaps
This book analyzes the fundamental issues faced when blockchain technology is applied to real-life applications. These concerns, not only in the realm of computer science, are caused by the nature of technological design. Blockchain is considered the foundation of a wide range of flexible ecosystems; its technology is an excellent mixture of mathematics, cryptography, incentive mechanisms, economics, and pertinent regulations. The book provides an essential understanding of why such fundamental issues arise, by revising the underlying theories. Blockchain theory is thus presented in an easy-to-understand, useful manner. Also explained is the reason why blockchain is hard to adopt for real-life problems but is valuable as a foundation for flexible ecosystems. Included are directions for solving those problems and finding suitable areas for blockchain applications in the future. The authors of this work are experts from a wide range of backgrounds such as cryptography, distributed computing, computer science, trust, identity, regulation, and standardization. Their contributions collected here will appeal to all who are interested in blockchain and the elements surrounding it.
Mobile Robot Automation in Warehouses
This book illustrates the applications of mobile robot systems in warehouse operations with an integrated decision framework for their selection and application. Mobile robot systems are an automation solution in warehouses that make order fulfillment agile, flexible and scalable to cope with the increasing volume and complexity of customer orders. Compared with manual operations, they combine higher productivity and throughput with lower operating costs. As the practical use of mobile robot systems is increasing, decision-makers are confronted with a plethora of decisions. Still, research is lagging in providing the needed academic insights and managerial guidance. The lack of a structured decision framework tailored for mobile robot system applications in warehouses increases the probability of problems when choosing automation systems. This book demonstrates the characteristics of mobile robot systems which reinforce warehouse managers in identifying, evaluating and choosingcandidate systems through multiple criteria. Furthermore, the managerial decision framework covering decisions at strategic, tactical and operational levels in detail helps decision-makers to implement a mobile robot solution step-by-step. This book puts special emphasis on change management and operational control of mobile robots using path planning and task allocation algorithms. The book also introduces focus areas that require particular attention to aid the efficiency and practical application of these systems, such as facility layout planning, robot fleet sizing, and human-robot interaction. It will be essential reading for academics and students working on digital warehousing and logistics, as well as practitioners in warehouses looking to make informed decisions.
Creativity in the Imagination Age
In the imagination age, organizations need to harness the power of creativity and innovation in order to survive and thrive. Grounded in academic and applied research, this book offers invaluable insights into these concepts from an interdisciplinary perspective. Through compelling narratives, the author critically discusses the theories and models that will empower the thinking of researchers, entrepreneurs and leaders. Revealing how the fourth industrial revolution can put our creative minds into play with enormous opportunities to solve problems and make meaning, the book invites us to debate how human and emerging technologies will write the next chapter of human history. It covers philosophical approaches to creativity, the characteristics of creative teams, the components of individual creativity as well as the role of imagination and associative thinking in fostering creativity and innovation.
The Toyota Production System Journey
The Toyota Production System (TPS) is regarded as a sophisticated concept that helps us understand the world of manufacturing. It evolved from the system of mass-producing cars, established by Ford, and the Japanese have since endeavored to make their own universal production system.
Digital Supply Chain and Logistics with Iot
The concepts for Industry 4.0 and the Industrial Internet of Things (IIoT) will fundamentally change supply chains, production processes and industries. Intelligent technologies such as IoT, edge and cloud computing, big data, artificial intelligence and digital assistance systems are drivers of this change. This book provides a comprehensive overview of IoT use cases with illustrative practical examples of how digitization or innovation projects can be successfully implemented. It takes into consideration that processes are getting more flexible and efficient, and new digital technologies allow seamless, location-independent communication in near real time between things, processes and people through the digitization of physical objects and processes. Considering these changes, the book provides a guideline on how companies should position themselves for the future with industrial IoT in order to still play a decisive role in the industry in a few years' time. The book is aimed at both decision-makers and practitioners who, on the one hand, recognize the opportunities and possibilities for their company and, on the other hand, want to learn how to use the appropriate technologies. With this in mind it will be valuable for entrepreneurs, managers, architects and also developers in the field of Industry 4.0.
Artificial Intelligence for Industries of the Future
This book provides a brief synthesis of the known implementations, opportunities and challenges at the intersection of artificial intelligence (AI) and modern industry beyond the big-four companies that traditionally consume and produce such advanced technology: Facebook, Amazon, Microsoft and Google. With this information, the author also makes some reasonable claims about the role of AI in future industries. The book draws on a broad range of material, including reports from consulting firms, published surveys, academic papers and books, and expert knowledge available to the author due to numerous collaborations in academia and industry on AI. It is rigorous rather than speculative, drawing on known findings and expert summaries, where available. This provides industry leaders and other interested stakeholders with an accessible review of contemporary perspectives on AI's forward-looking role in industry as well as a clarifying guide on the major issues that companies are likely to face as they commence on this exciting path.Examines the likely role of AI in industries of the future, both known and unknownPresents use-cases of AI currently being explored across Big Tech, multi-national corporations and start-upsExplores the regulation of AI and its potential impacts on the workforce
The Emergence of the Fourth Industrial Revolution
In the last thirty years, there has been an industrial revolution that has changed the world and given rise to an innovation economy that is changing the face of organizational logic. Here, Jon-Arild Johannessen shows how the knowledge worker emerges to become the new working class of the fourth industrial revolution.
Design Thinking Research
Extensive research conducted by the Hasso Plattner Design Thinking Research Program at Stanford University in Palo Alto, California, USA, and the Hasso Plattner Institute in Potsdam, Germany, has yielded valuable insights on why and how design thinking works. The participating researchers have identified metrics, developed models, and conducted studies, which are featured in this book, and in the previous volumes of this series. This volume provides readers with tools to bridge the gap between research and practice in design thinking with varied real world examples. Several different approaches to design thinking are presented in this volume. Acquired frameworks are leveraged to understand design thinking team dynamics. The contributing authors lead the reader through new approaches and application fields and show that design thinking can tap the potential of digital technologies in a human-centered way. It also presents new ideas in neurodesign from Stanford University andthe Hasso Plattner Institute in Potsdam, inviting the reader to consider newly developed methods and how these insights can be applied to different domains. Design thinking can be learned. It has a methodology that can be observed across multiple settings and accordingly, the reader can adopt new frameworks to modify and update existing practice. The research outcomes compiled in this book are intended to inform and provide inspiration for all those seeking to drive innovation - be they experienced design thinkers or newcomers.
Data Governance and Data Management
This book delves into the concept of data as a critical enterprise asset needed for informed decision making, compliance, regulatory reporting and insights into trends, behaviors, performance and patterns. With good data being key to staying ahead in a competitive market, enterprises capture and store exponential volumes of data. Considering the business impact of data, there needs to be adequate management around it to derive the best value. Data governance is one of the core data management related functions. However, it is often overlooked, misunderstood or confused with other terminologies and data management functions. Given the pervasiveness of data and the importance of data, this book provides comprehensive understanding of the business drivers for data governance and benefits of data governance, the interactions of data governance function with other data management functions and various components and aspects of data governance that can be facilitated by technology and tools, the distinction between data management tools and data governance tools, the readiness checks to perform before exploring the market to purchase a data governance tool, the different aspects that must be considered when comparing and selecting the appropriate data governance technologies and tools from large number of options available in the marketplace and the different market players that provide tools for supporting data governance. This book combines the data and data governance knowledge that the author has gained over years of working in different industrial and research programs and projects associated with data, processes and technologies with unique perspectives gained through interviews with thought leaders and data experts. This book is highly beneficial for IT students, academicians, information management and business professionals and researchers to enhance their knowledge and get guidance on implementing data governance in their own data initiatives.
Understanding Cybersecurity Law in Data Sovereignty and Digital Governance
Chapter 1. Data Sovereignty.- Chapter 2. Digital Governance.- Chapter 3. Conflicts of Law.- Chapter 4. Technical Complexities.- Chapter 5. Comparative Legal Strategies.- Chapter 6. Emerging Topics in Data Sovereignty and Digital Governance.
Public Procurement
This upper-level open access textbook uses an interdisciplinary perspective to discuss the 'what and why' of public procurement, providing insight into the 'how' of contemporary procurement in the public sector. The authors use theories and exemplary practices to show the next generation of public procurement professionals how public value can be created via the acquisition of works, supplies, or services by organizations operating in the public domain. Perfectly tailored to university students in public administration, law, economics, or management and those in executive education, the book first describes and explains the public procurement process, the concept of public value, the legal context of procurement and how the procurement function is organized in public organizations. The book subsequently explains how a procurement policy can be developed and translated into a procurement strategy, how tenders can be organized, suppliers selected, and contracts designed and evaluated. A final discussion chapter addresses the changes and developments in public procurement and how public procurement is moving forward. The reader of this innovative and accessible book will therefore not only learn what public procurement entails, but also how they can become a professional change agent in the field of public procurement. Forward-thinking and comprehensive, this book offers ideal reading for anyone interested in public procurement.
Knowledge in Servitization Management
The last two decades have seen a shift towards service-based value in a process referred to as servitization. Manufacturers have been challenged to create relevant knowledge and adapt to this change. This book has two key purposes. First of all, the authors examine the theoretical underpinnings of knowledge management and servitization, before proposing a conceptual model for knowledge co-creation and organizational knowledge management processes. Then, the model is tested through a series of case studies from Japan and Malaysia, providing insight into experiences of business transformation from produce-centric to service-centric in developed and developing Asian economies. This book will be of interest to academics, students and practitioners in servitization, knowledge creation and knowledge management, especially those interested in Asian economies.
Trustworthy Artificial Intelligence Implementation
Rapidly developing Artificial Intelligence (AI) systems hold tremendous potential to change various domains and exert considerable influence on societies and organizations alike. More than merely a technical discipline, AI requires interaction between various professions. Based on the results of fundamental literature and empirical research, this book addresses the management's awareness of the ethical and moral aspects of AI. It seeks to fill a literature gap and offer the management guidance on tackling Trustworthy AI Implementation (TAII) while also considering ethical dependencies within the company. The TAII Framework introduced here pursues a holistic approach to identifying systemic ethical relationships within the company ecosystem and considers corporate values, business models, and common goods aspects like the Sustainable Development Goals and the Universal Declaration of Human Rights. Further, it provides guidance on the implementation of AI ethics in organisations without requiring a deeper background in philosophy and considers the social impacts outside of the software and data engineering setting. Depending on the respective legal context or area of application, the TAII Framework can be adapted and used with a range of regulations and ethical principles. This book can serve as a case study or self-review for c-level managers and students who are interested in this field. It also offers valuable guidelines and perspectives for policymakers looking to pursue an ethical approach to AI.
Pinnacle
TURN YOUR BUSINESS INTO A CATEGORY OF ONE IN YOUR INDUSTRYDo you own a small business with more than a handful of employees? Are you frustrated that your organization has flatlined? Do you feel drained by working long hours and only dreaming of having an energized team ready to step up and lead? Do you nurse an ambition to scale your business into one that dominates its niche? Are you concerned that time is running out and you may never fulfill your dreams?If you answered yes to any of the above, you are holding the right book in your hands.Look at somebody who is fit: they have a system. Look at somebody who has a great marriage: they have a system. Look at somebody who has great kids: they have a system.So, is there a system that enables you, the entrepreneurial risk-taker, to acquire the business skills and structure you need to play bigger and dramatically grow your privately held business, without getting an MBA?Welcome to the Pinnacle journey!We have created a formula that is applicable for any company, while still being customizable for your business. We believe that there are five things you need to obsess about as an entrepreneurial leader. These are: People, Purpose, Playbooks, Perform and Profit.We have broken these principles down to fifteen practices that help you clarify and implement the five Pinnacle Principles in your business. Dive in to learn what these are and how they can make your company unstoppable.
The Art of Safety
This workbook is designed for individual study, group studies, and leadership development workshops. It corresponds to the Frontline Incident Prevention - The Hurdle book and iPi's The Art of Safety e-learning course. Ideally, you will read the relevant chapter and use this workbook to develop your personal action plan while watching applicable videos and completing related exercises inside the e-learning course. While it will maximize your learning, you do not have to enroll in the e-learning course. You will need a copy of the book to use with this workbook.
Business Optimization Using Mathematical Programming
This book presents a structured approach to formulate, model, and solve mathematical optimization problems for a wide range of real world situations. Among the problems covered are production, distribution and supply chain planning, scheduling, vehicle routing, as well as cutting stock, packing, and nesting. The optimization techniques used to solve the problems are primarily linear, mixed-integer linear, nonlinear, and mixed integer nonlinear programming. The book also covers important considerations for solving real-world optimization problems, such as dealing with valid inequalities and symmetry during the modeling phase, but also data interfacing and visualization of results in a more and more digitized world. The broad range of ideas and approaches presented helps the reader to learn how to model a variety of problems from process industry, paper and metals industry, the energy sector, and logistics using mathematical optimization techniques.
Advanced Digital Auditing
This open access book discusses the most modern approach to auditing complex digital systems and technologies. It combines proven auditing approaches, advanced programming techniques and complex application areas, and covers the latest findings on theory and practice in this rapidly developing field. Especially for those who want to learn more about novel approaches to testing complex information systems and related technologies, such as blockchain and self-learning systems, the book will be a valuable resource. It is aimed at students and practitioners who are interested in contemporary technology and managerial implications.
The New Era of Real Estate
This book is intended to guide researchers interested in the world of innovation in real estate finance linked to technology and provide new evidence on classifying and evaluating the performance of PropTech companies. Chapters will deal with the evolution of PropTech, possible business models, negotiation and property management tools, new property financing tools (p2p lending and crowdfunding), the market and the balance sheet analysis of PropTech companies in Europe.A valuable resource for researchers studying the real estate industry, this book is also relevant to those studying FinTech and the impact of technology on industry more broadly. It can also be of use to professionals in the real estate industry, looking for a cutting edge research-based study on PropTech.
Management by Business Process
This textbook presents an integrated view of three themes relevant to the operationalization of Management by Business Process (M-B-BP): people, process, and technology. Whereas most Business Process Management (BPM) textbooks focus on software technology issues and ontological standards for the integration of various software layers, this book focuses on the managerial perspective, managerial decisions regarding the configurations of the company's structural variables that are most favorable to the best operationalization and evolution of the M-B-BP approach. Among the structural variables of the scope of managerial choices that support the discussion are: work specialization, work grouping, the chain of command, the extent of control, the decision process, and work formalization. To support businesses managed through an organizational structure oriented by business processes, it is essential that the manager has a set of knowledge, technical skills, and professional demeanor. This text focuses on these aspects, presenting: a) the theoretical foundation, describing the central concepts of the M-B-BP approach; b) the set of necessary techniques from different areas, describing and exemplifying those skills; and c) the required behaviors of managers and employees for structuring, operation, management, and continuous improvement of the organization's business processes. For students of M-B-BP, there are examples and cases that discuss business situations and themes to aid in grasping the material while at the end of the chapters there are reflection questions as well as lists of complementary material (articles, videos, web sites). They will gain an understanding of how to create a culture of improvement. The English translation of this book from its Portuguese original manuscript was done with the help of artificial intelligence (machine translation by the service provider DeepL.com). A subsequent human revision of the content was done by the author.
Lean Management for Small and Medium Sized Enterprises
This book provides a step-by-step guide to implementing lean at SMEs using an approach that has been tested and fine-tuned at over a hundred organizations across India, South East Asia and the Middle East. The book approaches Lean through an implementation project cycle flow and enables the reader to understand the imperative for Lean, how to diagnose current operations, how to plan and deploy Lean and shows a path for long-term sustenance. Diverse situations such as meeting the demand fluctuations, designing a facility, or improving profit margin etc. are included in the case studies from multiple sectors, to ensure that every reader finds a situation similar to their organizational situation. While the publicly available literature on lean offers a large collection of tools and techniques, given each organization's unique context, the choice of the right sequence of tools differ. The book offers guidelines in terms of which solutions work in which context, backed by real-cases, which is a big help to the resource constrained SMEs. This book is an equally good resource for the organizations that have already implemented lean, as it provides realistic pointers about sustaining, tackling supply chain uncertainties and going beyond Lean by integrating emerging technologies and management principles. It is an excellent resource for students and researchers studying this area and also for corporates, professionals and industry watchers.
Lean Management, Kaizen, Kata and Keiretsu
Chapter 1: Lean Management: Introduction.- Chapter 2: Kaizen, Kaikaku and Innovation Management.- Chapter 3: Kata - Behavioural Transformation towards Lean Management.- Chapter 4: Keiretsu Networks.- Chapter 5: Kyouiku - The Learning Enterprise.- Chapter 6: Policy Deployment and Hoshin Kanri Strategy.- Chapter 7: Toyota Production System.- Chapter 8: 5S Concept: Muda, Muri and Mura.- Chapter 9: Change (Henkou Kanri) as integral Part of Lean Management.- Chapter 10: Industry 4.0 and Artificial Intelligence (AI) in Lean Management.- Chapter 11: Digital transformation is shaping business transformation.- Chapter 12: Lean Management in Aviation.- Chapter 13: Lean Management in the Automotive Industry.- Chapter 14: Lean Management in the Construction Industry.- Chapter 15: Lean Management in the Railway Industry.- Chapter 16: Lean Management in Healthcare and Hospitals.- Chapter 17: Lean Management in Higher Education (LHE).- Chapter 18: Lean Management in Project Management.- Chapter 19: Lean Management Tools.- Chapter 20: Lean Management Outlook 2030.- Glossary.
