Strategic Management: Formulation, Implementation & Control
Formulation and Implementation of a Strategy
An analysis of the internal and external situation and a SWOT analysis are crucial for developing a company’s vision and mission statements. These statements inform the overall corporate objectives (both financial and strategic) and the objectives of different business units.
The implementation of the strategy involves allocating sufficient resources (financial, personnel, time, technology), establishing a functional structure, assigning responsibility
Read MoreSoftware Development Workflows
Q1. Workflows in Software Development
The term workflow refers to a sequence of related activities in a process. In software development, workflows are linked to product artifacts and project phases. There are seven primary workflows:
- Management Workflow: Overseeing the process and ensuring success for all stakeholders.
- Environment Workflow: Automating the process and maintaining the development environment.
- Requirements Workflow: Analyzing the problem and defining the requirements.
- Design Workflow:
Quality Management Models and Frameworks
- EFQM Model: The objective of this model is to achieve results in relation to customer satisfaction, the organization’s own members, and, more generally, by having a positive impact on society. The way to achieve this goal is to maintain leadership in achieving quality, formulate strategies and policies, and design customer-oriented business processes, all based on adequate management of both material and human resources.
- Benefit: It becomes a very useful tool to set up a process to make periodic
Information Security: A Comprehensive Guide to Roles, Responsibilities, and Audits
Information Security
Confidentiality
Integrity
Availability
Tasks to be Completed
Definition and Maintenance of Security Policies/Strategies
Implementing and Ensuring Compliance to Policies and Procedures
Enforce Security Effectively
Well-Defined Technical Guidelines and Controls
Assurance (Audits and Regular Risk Assessment)
Security is Everyone’s Business
Management Support
Organizational Solutions
Financing
Education and Training Provided
Security Professionals
Implement Security Tasks
All Employees
Are Aware
Understanding the Importance of Testing
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Read MoreSecrets of Successful Project Management: 20 Tips and Process Integration
Secrets of Successful Project Management
20 Tips for Project Success
- Define Project Success Criteria: At the beginning of the project, ensure all stakeholders share a common understanding of what defines success.
- Identify Project Drivers, Constraints, and Degrees of Freedom: Balance functionality, staffing, budget, schedule, and quality objectives. Define each dimension as a constraint, driver, or degree of freedom.
- Define Product Release Criteria: Determine the criteria for product release early on,