Saturday, January 25, 2020
Project management synopsis
Project management synopsis Project management ensures that project requirements are met by applying tools, techniques, skills, and knowledge to project activities (or tasks). The fundamental structure of project management is defined by the project stakeholders, which are project sponsor, project team, suppliers, support staff, customers, and users. Other fundamental areas of project management are project management tools and techniques, and project management knowledge areas project integration, scope, time, cost, quality, human resource, communication, procurement and risk management. However, of these knowledge areas the project integration management is most critical because it integrates all other areas of project management. Although, project management primarily ensures that a projects requirements are met by applying tools, technique, skills, and knowledge to project activities (tasks) to meet project requirements, it is also is a group of interrelated processes: initiating, planning, executing and monitoring. Of these three processes, the executing processes require more time and resources, followed by the planning processes. A broader picture of the activities involved in project management is seen in mapping the activities of the process group into the [nine] project areas. Since it is critical for project management to meet project requirements [goals], and satisfy stakeholders, it is equally critical for project managers to identify, understand, and manage relationships with all project stakeholders. Also for a project management to meet requirements, and satisfy stakeholders, project must have a project plan. This project plan must define and confirm project goals and objective, identify tasks and how goals are accomplished, quantify needed resources, determine project cost [budget] and project completion timelines. Apart from defining and confirming project goals, the project plan entails the management and implementation of the project plan, change control operations, ensuring communication of accurate and objective performance information during project life cycle (or phase), and project failure recovery mechanisms where necessary. The concept of triple constraint is very critical to the successful completion or execution of a project. For a project manager to successfully execute a project, by managing triple constraint, the project manager must be able to balance these constraints [goals] scope, time, and cost. Since [most] projects involve changes and balance between these competing goals scope, time, and cost it is very critical for project managers to have strong coping skills. Another important factor in project is quality. Since customers satisfaction invariably depends on the quality standards of a product, it is therefore important for the project manager to consider quality as an added element to the elements of the triple constraints scope, time, and cost when embarking on a project. A successful project manager must simultaneously and effectively manage these four basic interrelated elements -scope, time, cost and quality knowing that quality is an inseparable part in setting the scope, time a nd cost of a project. In order for any project to address all the tasks required to complete the project successfully, the project scope management, which is a critical part of project management, must include processes scope planning, WBS creation, scope definition, scope control and scope verification required to address and accomplish such tasks. Since one of the key reasons why project fail is scope management, it is, therefore, important for a project scope management to have a clear statement, showing project requirements; scope change management, and user involvement. Because most [information] projects do not meet their project time estimates, manage and track the way project activities (or tasks) are scheduled in order to meet project expectations. Project time management is a critical aspect of project management that involves processes activity definition, activity resource estimating, activity duration estimating, activity sequencing, schedule development, and schedule control which are critical to the management of projects in order to meet project schedule, which in turn guarantees a project would stay within the project budget. Cost management is another important and inseparable part of project management. Because cost management is to the effective cost management, project managers must take responsibility of understanding how basic cost concepts, cost control, budgeting and cost estimate are critical to a successful execution of a project (or project phase). Because the quality of a project invariably affects stakeholders satisfaction, it is very critical that project quality management, which involves quality assurance, quality control, and quality planning, is taken very seriously. However, in maintaining quality standard that would satisfy stakeholders needs, that project must conform to specified project requirements, and making sure items (deliverables) that meet such project requirements are delivered. With quality control and planning, specific project results are monitored to ensure that such results conforms to quality standards, and quality standards pertaining to the project are identified and satisfied. Since people are the most valuable assets in any project, it is very important that these assets [people] that are involved in a project are properly managed. Human resource management, which embraces all stakeholders, is a very important part of project management since it directly affects how these resources [people] perform to attain project objectives. When resources are well managed, project responsibilities, roles, and relationships are identified; the personnel needed to work on a given project are assigned to the project; individuals and groups are trained on project management skills to enhance project performance; and project team members performance is tracked, and conflicts and issues are resolved. The importance of communication cannot be undermined when managing projects. Communication is the platform on which any project runs. The failure or success of a project depends on the way all key elements of a project communicate information about that project to each other. With effective project management, which involves information distribution, stakeholder management, communication planning, and performance report, a project manager is able to manage the team members and communicate well with other key elements in a project. Also, with effective communication [interface] management, whereby reports and status updates, changes, and other project issues, that could affect the execution of a project are communicated to the appropriate personnel in a timely manner, project objectives (or goals) would be achieved. However, project managers and team members must understand the importance of creating a good working relationship as project information is communicated. Since the number of communication channels increase with increase in number of people that need to communicate, it is very critical that project managers must develop a good communication and conflict management skills. Like communication, resource, scope, time, cost, risk management is very critical to a successful execution of a project. Since risk management is a process in which what may impact a project negatively or positively, it is important that the project manager has appropriate risk plan in place. With the risk plan, approaches and plans for risk management activities for a particular project are decided. The processes involved in risk management are risk monitoring and control, risk identification, risk management planning, quantitative risk analysis, and qualitative risk analysis. Procurement, which is the aspects of project management that involves obtaining goods and services from outside source or company, includes processes planning purchases and acquisitions, requesting sellers responses, planning contracting, select sellers, administering contracts, and closing contracts that are very important to the health of any project. Plan purchases and acquisitions involves a process whereby items to purchase for a project and when needed is determined. In planning purchases and acquisition, the project manager should be involved since the project manager is practically acquainted with what would be needed for the project. However, in requesting seller responses, list of vendors to consider are identified, and information about their capabilities and prices through vendor proposals and price quotes are received. The list is further narrowed down to a list of companies that meet certain criteria. Plan contracting is another process that involves creating products and services requirements. These products and services are those that are needed for a project execution. The companies or suppliers that would supply these product and services must be identified. Select seller is the process that involves choosing the vendor that meets the criteria set by the company for a particular project. The chosen vendor would provide the product or service that is required for the project. Contract administration is the process that involves managing the relationship with the contracted company. The project manager must work with the vendor, writing and administering the contract, bearing in mind the legal consequences that could occur he does not understand the contract. Contract closure is the process that involves the completion and settlement of all contracts that existed during the project life cycle. The project manager and project team will be involved to ensure the completion of the contracted work and to gather lesson learned during the procurement process. As an IT professional, project management is very critical for IT project execution or completion. The lesson learned from this class is one that would be applied in my future work environment. Planning a project is not for a project manager alone. There are team members, like me, that would be involved in projects that would require me to show what I have learned over the course of this class. I should be able to contribute to the success of any project for which I would be a project team member. Knowing the project knowledge areas and process groups; applying the various project inputs, and adhering to the professional ethical code of conduct, would guarantee a litigation-free and successful project execution.
Friday, January 17, 2020
Coffee â⬠Brazil Essay
The story seems to begin in Ethiopia, where the coffee berry grew wild. Goatherds there noted that goats which ate leaves and berries of the plant remained awake all night. The Arabs claim that they developed the plant during the reign of Mohammed (c675 AD). Believe that if you wish ââ¬â we are going with the Ethiopian story. Consumed originally as a food, it would take on the character of a medicinal and eventually that of a social drink. The coffee tree grows to a height of 14 to 20 feet, producing (along with bright green leaves and white flowers) a berry which, as it matures, goes from green to yellow to red. Harvested red, they are placed in water so that the good berries will sink and all the debris will float. The berries are then pulped to extract the beans, there being two beans per berry, the beans having a bluish-green color. Next they are dried and cured for several weeks, becoming hard and yellow. Roasting is next, at the high temperature of 900 degrees Fahrenheit for 17 minutes, then they are stored (aged) and eventually ground into coarse granules. One is obliged to wonder how this all came about: who was the first to decide that roasting the beans would do anything good to them? The decaffeinated type of coffee is made by treating the green beans with chlorine-based solvents prior to the rest of the process. There are some 30 species of the plant, the most important being: Brazilian, Mild, Robusta (or ââ¬Å"Africanâ⬠) and Arabian, the last being the predominant tree of the Americas. Discovered by Arabs traveling in Ethiopia in the 13th century, it was taken to Arabia and flourished at Mocha in Yemen, where the Arabic name for it was ââ¬Å"qahwahâ⬠and from that word to ââ¬Å"coffeeâ⬠. Itââ¬â¢s popularity steadily increased. In the 1500s it arrived in Turkey, and in Italy in the 1600s. About this time, establishments for preparing the drink (ââ¬Å"coffee housesâ⬠) sprang up all over Europe. In 1714 the French succeeded in bringing a live cutting to their island of Martinique, and, from that single plant, coffee growing spread throughout Central and South America. Meanwhile, the Portuguese introduced the plant into their colony of Brazil, where it took readily. In fact, Brazil today produces 25% of the worldââ¬â¢s coffee, and Central and South America combined produces two-thirds of the worldââ¬â¢s supply. Since coffee grows in Java and Southeast Asia, an alternate name for coffee is ââ¬Å"javaâ⬠. Then Starbucks came along and showed how coffee could be jazzed up by adding other things to it. At a hefty price.
Thursday, January 9, 2020
Harriet Jacobs And Jane Eyre Comparison - 1751 Words
Womanhood and Solidarity Jane Eyre and Incidents in the life of a slave girl are two opposite literary texts which, despite being 19th century texts, belong to different historical periods. Brontà « sets her character in the Victorian England. Jacobs, on the other hand, writes about slavery during the civil war in order to relate the treatment of slaves, and more precisely that of female slaves. We will analyse, in this essay, the differences as well as the similarities which exist between Jane Eyre and Incidents in the life of a slave girl written by herself. We see that they differ in terms of genre, the period of history in which they find themselves, the way the characters are presented and so forth. However, they share some of the mainâ⬠¦show more contentâ⬠¦The way she is treated is denounced. Jane is not from the working class, nor is she a servant. Being an orphan who has been given a roof from her aunt and late uncle, the little girl whom we meet in the beginning of the novel is furious at t he idea of being treated less than the others around her. In Bronteââ¬â¢s writing, the message is at times, quite clear, and at other time, relatively subtle. Jane questions the status of woman. Yet, she does so mainly through her writing. A woman, at that time, should not be free to have opinions and to manifest her feelings. However, through her writing, she is able to treat certain taboo subjects, at times quite openly and at other times in a subtler way. A woman is expected to follow the path which has been carved out for her. There is no room to be passionate and to have opinions. Bronte, however, allows Jane to do so. The description of the weather in several instances reflects the protagonistââ¬â¢s state of mind. The beginning of the novel is a perfect example to illustrate the way in which the narration sets the tone for what is to be expected by the reader: ââ¬Å"There was no possibility of taking a walk that day. We had been wandering, indeed, in the leafless shrubbery an hour in the morning; but since dinner [â⬠¦] the cold winter wind had brought with it clouds so sombre, and a rain so penetrating, that futher outdoor exercise was now out of the questionâ⬠(7). After reading those opening lines, we discover that the fate of Jane
Wednesday, January 1, 2020
Public Policy Analysis for Not-for-Profits Essay - 1211 Words
Health Care Action Task Force Jobs with Justice A. Mission Jobs with Justice (JwJ) is a coalition of 75 local labor, community, student, and religious groups organized to win concrete victories on the road to achieving economic justice and lasting social change. We engage working people in addressing the root causes of poverty, organizing support for workers treated unjustly and/or illegally in the workplace and in organizing an economic base that respects the dignity of the entire community. St. Louis JwJ is part of the Jobs with Justice national network, which was founded in 1987. Local Jobs with Justice coalitions are one of few contemporary examples of permanent multi-issue coalitions empowering those in need to create a communityâ⬠¦show more contentâ⬠¦D. Priority Health-Related Objectives St. Louis Jobs with Justice and its Health Care Action Task Force will continue to build an organized voice both of and for the un- and under-insured which aims to identify and reduce financial barriers to health care access. We will ensure that our Task Force leaders, both consumers and caregivers, are able to impact public debate on health care access by investing in their capacity through various levels of training and by ensuring they are networked with other health care advocates in Missouri and nationally. These leaders are supported by the JwJ mobilization base which puts political muscle behind its activities. The task force leaders will both draw upon and build this mobilization base, ensuring their work will continue to have a measurable impact on health care policy. To that end, St. Louis Jobs with Justice is committed to prioritizing the following specific objectives. 1.nbsp;nbsp;nbsp;nbsp;nbsp;Identifying and developing health care consumer and caregiver leaders organized through the Jobs with Justice Health Care Action Task Force 2.nbsp;nbsp;nbsp;nbsp;nbsp;Increasing frontline participation, by consumers and caregivers, in the public debate on health care policy issues in an effort to address health care gaps and promote positive health policy 3.nbsp;nbsp;nbsp;nbsp;nbsp;Building a more powerful base ready to take action on health care policy issues by increasing both theShow MoreRelatedStakeholder Analysis of the Affordable Care Act778 Words à |à 4 PagesStakeholder Analysis According to Roy, 2013 the issues of providing the affordable care act will unite both the supporters and offenders of the public policy, but in this current situation where the input costs are rising, it will become impossible for government in managing the public policy related to affordable health care. In order to provide affordable health care, majority of the US government has tried out different policies time to time, but unable to get success in realizing the actual policy goalsRead MoreMiimum Wage and Power to the People1746 Words à |à 7 Pagesbenefit from more input from the local people as opposed to federal intervention (U.S. Bureau of Economic Analysis). I believe it was the definitive strategy of our founding fathers for the power to remain with the people. Some years later we have gotten away from that, most issues are being decided indirectly by our representatives. Evaluative Criteria Efficiency The efficiency of any policy is extremely important for many reasons, with the nation being in growing debt it is critical not to beRead MorePolitical Involvement os Power of the Public1456 Words à |à 6 PagesPolitical Involvement The primary reason for political involvement in government intervention is the power of public opinion. 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The idea of privatizing correctionalRead MoreComparative Effectiveness And Quality Improvement Of Public Healthcare Systems Essay1113 Words à |à 5 PagesImprovement of Public Healthcare Systems Fall 2016 Assignment I: Article Critique on ââ¬Å"Comparative Performance of Private and Public Healthcare Systems in Low-and Middle-Income Countries: A Systematic Reviewâ⬠Essentially, every countryââ¬â¢s health care providers are categorized into either public or private. This particular article enlists six categories of health care providers including multinational and national for-profit corporations; formal individual private providers; informal for-profit providers;Read MoreReview of Literature of Indian Banking System After Liberalisation1699 Words à |à 7 PagesUndertaken by Banks to Tackle the Challenges Public Sector Banks in India Evolution of the Indian Banking Nationalised Banks In India Present Scenario Private Sector Banks in India Concept of Financial Analysis 1.4.1 1.4.2 1.4.3 1.4.4 1.5 1.5.1 1.5.2 1.5.3 1.5.4 1.5.5 1.6 Meaning The Concept Need For A Comparative Financial Analysis Significance Of Financial Analysis Tools for Financial Analysis Ratio analysis Horizontal Analysis Vertical Analysis Funds Flow Analysis Cash Flow Statement Factors AffectingRead MoreCapital Budgeting in Galaxy Science Centre Essay1403 Words à |à 6 PagesCentre Capital Budgeting encourages managers to accurately manage and control their capital expenditure. By providing powerful reporting and analysis, managers can take control of their budgets. The purpose of this paper is to investigate capital budgeting decision under Galaxy Science Centre (GSC), which is non-profit organization. The need for such an analysis emerges from the case that only provides general information concerning the impact of capital budgeting decisions in the presence of strategic
Tuesday, December 24, 2019
Gender And Gender Pay Gap - 1173 Words
Gender pay gaps have been a hot topic over the last several years. In my findings, I found three articles that stood out the most to me, as well as some statistical information. Gender pay gap is an interesting subject because it happens all across the United States, as well as in other countries worldwide. This pay gap can affect women of all ages, race, religion and educational levels. What is gender pay gap? The gender pay gap is defined as the difference between women and menââ¬â¢s full time average yearly wages. The following equation will provide your with the pay gap expressed as a percentage: Menââ¬â¢s earnings minus womenââ¬â¢s earning divided by menââ¬â¢s earning. (Example: 36000-12000= 24000/36000=.67 or 67%). Sadly, women earn 78 to 79 cents on every dollar that men earn in the same exact positions. This is known as the uncontrolled pay gap. The uncontrolled pay gap can be calculated by comparing the average earnings of all working men to all working women. The controlled pay gap is calculated by comparing same type of position with both men and women. A person might ask what plays a role in how the pay gap works? The following five factors are said to affect the gender pay gap; job type, job level, compensable factors such as education, experience, hours worked and location, marriage and family, and unconscious bias. The next few paragraphs will outline the three articles I found on gender pay gaps as well as ways we can narrow these pay gaps. Article One: Whatââ¬â¢s the realShow MoreRelatedGender Gap In Pay1574 Words à |à 7 PagesIntroduction Gender Pay Gap also referred to as Gender wage gap, gender income difference or male-female income difference refers to the difference between the earning of men and women (Victoria, 2006). The European Union defines the Gender Pay gap as the difference between men and womenââ¬â¢s hourly earnings (OECD, 2012). The difference may be measured on hourly, weekly, monthly, or yearly earning. The difference is expressed as a percentage of the menââ¬â¢s earning. However, the difference varies fromRead MoreThe Gender Pay Gap1639 Words à |à 7 PagesThe Gender Pay Gap PROBLEM Introduction The pay gap between men and women has fallen quite dramatically over the past 30 years though a sizeable gap still remains, but this headline figure masks some less positive developments in recent years. We are used to each generation of women making progress relative to the one before, but this process has slowed slightly with the better than the previous one(Centre Piece Summer 2006). The gender pay gap measures the earning differences betweenRead MoreThe And Gender Pay Gap932 Words à |à 4 Pagesarrangements. Feminism has been one of the successful social movements, and has promoted alternative types of the American family. The movement has different priorities in each society, and in the United States one of the issues is the ââ¬Å"gender pay gapâ⬠. 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(AFP/GettyRead MoreGender Inequality : Gender Pay Gap975 Words à |à 4 PagesThe gender pay gap in Hollywood The gender pay gap is the difference in pay earned by men and the pay earned by women.( Pay Equity Commission, 2012). There are various ways in measuring the pay gap between genders, such as full- time or full- year wage. Statistics Canada data ( 2012) displayed that the gender pay gap in Ontario was 26% for full- time and full- year employments, which means for every C$1 earned by a man, a woman earned 74 cents( Pay Equity Commission,2012).The pay gap has been narrowingRead MoreGender Inequality And Gender Pay Gap1543 Words à |à 7 Pagesthe gender pay gap in the UK. These theories are taste discrimination, statistical discrimination, human capital and occupational segregation. Other research and data are included in this essay as evidence to support the different theories. The four theories covered in this essay all provide some explanation for the gender pay gap in the UK, some more than others ââ¬â statistical discrimination theory having the highest explanatory power for t he magnitude of this pay gap. The gender pay gap can beRead MoreGender Pay Gap And Gender Inequality2247 Words à |à 9 PagesGender pay gaps are defined as the average difference between menââ¬â¢s and womenââ¬â¢s aggregate hourly earnings. One of the largest driving factors of the gender wage gap is the fact that men and women, on average, work in different industries and occupations. Women in every state experience the pay gap, but in some states it is worse than others. The pay gap affects women from all backgrounds, at all ages, and of all levels of educational achievement. In 2014, women working full time in the UnitedRead MoreWhy The Gender Pay Gap Essay1692 Words à |à 7 PagesVincent (2013) provides a quantitative and qualitative analysis on why the gender pay gap exists in Canada by researching, studying, analyzing, and interpreting over 39 different sources of Canadian micro data and finds that the gender pay gap has decreased over the years but still persists even in younger generations, less than a third of the pay gap can be explained through females over-occupying lower sector jobs, women placing a larger emphasize on non- monetary related aspects of a job
Monday, December 16, 2019
William Glasser Free Essays
Glasser is an internationally recognized psychiatrist. William Glasser was born in 1925. He was raised in Cleveland, OH. We will write a custom essay sample on William Glasser or any similar topic only for you Order Now His first profession was a Chemical Engineer but decided to go into psychiatry when it became apparent to him this was his real interest in life. He attended Case Western Reserve University in Cleveland for medical school. At Veterans Administration Hospital he took his psychiatric training also attending UCLA. He became board certified in 1961. He did private practice from 1957 to 1986. Dr. Glasserââ¬â¢s approach is non-traditional. He does not believe in the concept of mental illness unless there is something organically wrong with the brain that can be confirmed by a pathologist. In 1967, he founded The Institute for Reality Therapy. In 1994, The Institute was renamed The Institute for Control Theory, Reality Therapy and Quality Management to reflect the scope of The Instituteââ¬â¢s teachings. Two years later it became The William Glasser Institute with Dr. Glasser renaming his theory, choice theory. Initially, The Institute was active only in the United States and Canada but under Dr. Glasserââ¬â¢s direction, his teachings have now spread to many countries (wglasser. com) Glasser is best known for his book Reality Therapy which he wrote in 1965. The idea behind this type of therapy is that people need to meet the basic needs of love both giving and receiving and the need of finding self-worth. A therapy that leads all patients toward reality, toward grappling successfully with the tangible and intangible aspects of the real world, might accurately be simply called Reality Therapy. Glasser 6) Glasser states the in order for us to fulfill our needs we must have one person that we care for and in return cares for us to meet our basic needs. Reality Therapy is based on Choice Theory. Choice theory states that: â⬠¢all we do is behave, â⬠¢that almost all behavior is chosen, and â⬠¢that we are driven by our genes to satisfy five basic needs: survival, love and belonging, power, freedom and fun. There are ten axioms that go along with this theory as well th ey are all follows: 1. The only person whose behavior we can control is our own. 2. All we can give another person is information. 3. All long lasting psychological problems are relationship problems. 4. The problem relationship is always part of our present life. 5. What happened in the past has everything to do with what we are today, but we can only satisfy or basic needs right now and plan to continue satisfying them in the future. 6. We can only satisfy our needs by satisfying the pictures in our Quality World. 7. All we do is behave. 8. All behavior is Total Behavior and is made up of for components: acting, thinking, feeling, and physiology. . All Total Behavior is chosen, but we only have direct control over the acting and thinking components. We can only control our feeling and physiology indirectly through how we choose to act and think. 10. All Total Behavior is designated by verbs and named by the part that is most recognizable. (wglasser. com) Dr. Glasser is semi-retired, but is still a much sought-after speaker nationally and internationally. Some of h is many accomplishments are as follows: â⬠¢listed in Whoââ¬â¢s Who in America since the 1970s; 1990 ââ¬â awarded an honorary degree of Doctor of Humane Letters, Honoris Causa from the University of San Francisco; â⬠¢2003 ââ¬â presented with the ACA Professional Development Award recognizing the significant contributions made to the field of counseling; â⬠¢2004 ââ¬â presented with the ââ¬Å"A Legend in Counseling Awardâ⬠by the ACA; â⬠¢January ââ¬â 2005 presented with the prestigious Master Therapist designation by the American Psychotherapy Association; and finally, â⬠¢2005 ââ¬â presented with the Life Achievement Award by the International Center for the Study of Psychiatry and Psychology for his enormous influence as a psychotherapist and author. wglasser. com) William Glasserââ¬â¢s methods of psychity are very useful. He teaches people to love them self and others. If you have a so called mental illness he tries to get to the under lying cause believing that you only h ave a mental illness if it can be proven by Drs. Glasser still does speaking about his theories. Works cited 1. William Glasser Institute. Oct. 6, 2009. [www. wglasser. com] 2. Glasser, William. Reality Therapy. New York. Harper Row 1990. How to cite William Glasser, Papers
Saturday, December 7, 2019
Perks of using Information System
Question: Discuss about the Perks of using Information System. Answer: Introduction Woolworths is an Australian based super market which has been running smoothly for over many years. In this course of time, the organization has seen many ups and downs and with passing time, the company has also managed to adapt to the new technologies in order to stay in the market and reduce any competition. Also the company has installed many forms of information system which has really helped the company to analyze the market as well as the customers so that they can work accordingly. Understanding the market can help them in making better decisions and analyzing the customer can help in keeping the right products for the right prices so that customers come every time. The following report discusses about the perks of using information system and how they can help an organization (Woolworths) to rise in the market and keep up to the expectation of the customers. 1. Industry and company profile a) Background of Woolworths Woolworths was in the year 1942. Previously it was named as Wallworths Bazaar Ltd. After few days the company again changed its name to Woolworths Ltd. The company generally gained attention when it showcased its Bargain Basement for the first time in Imperial Arcade. Due to its less popularity, many shareholders did not want to invest their money on this company speculating about its future. However with every passing day, the trading continued and the company started to gain from it ("Woolworths Supermarket - Buy Groceries Online", 2017). After seeing this gain, the shareholders started to bring more capital and the companys dividends paid by the company jumped from five percent to w whooping fifty percent after its third year of operation. Consumers started to recognize the company short after it started to open more branches of the store across Australia. It started selling variety of goods and claimed that they got the cheapest prices of all the market around. In the year 1926, it set a landmark when it installed the first receipt printing cash register as it was a first variety store to install such a thing. Nearly after twenty years in the market, it finally succeeded to launch store in every state of Australia ("Woolworths Supermarket - Buy Groceries Online", 2017). After expanding their business to nearly every state, the company started to keep a stock of fresh fruits and vegetables and also has a large range of foods. In the year 2017, approximately all the supermarkets under Woolworths changed their logo to green apple but there are still some supermarkets that still uses the old logo. b) Business Strategies used by Woolworths currently In order to stay in the business, the organization provided many lucrative offers such as it provided many loyalty schemes under which the user will be rewarded based on their purchase which includes petrol stations where the user will get a discount on purchase (Navimipour et al., 2015). Also it provided rewards to the users who made their transactions using Woolworths Rewards cards. This allowed users to use these cards in order to get rewards point which can be used for various purposes. 2. Information Technology Information Technology or IT is basically the use of any system for storage of data, networking and other physical devices and which helps in exchanging of data in the form of electronic data. Information Technology is very much important for any firm or organization as this can provide security, unlimited storage and also helps a company to analyze the market more properly so that they can know what strategies to made in order to counterpart their competitors. a) IT strategy and its advantages for the Woolworth Woolworths used the information system in order to get the things in their favor. Initially they used the social media platform so that they can promote their company. Many people visited this site and by this they got a lot of attention (Peteraf, Gamble Thompson Jr, 2014). Strategies included a making of dedicated facebook page on behalf of the company where people could post their queries and it would get answered by the officials. This also helped the company to build the customer relationships stronger (Paul, 2014). Keeping in touch with the customers really helped them to grow their user base. Also they made the website very much interactive and are full of information which invited more and more people to shop (George, Haas Pentland, 2014). Another strategy that can apply is that they launched a dedicated application for shopping which even made the shopping easier as it included more security. Advantages of using the information system is that they can analyze all their customers and based on their interest the application can recommend them based on their recent searches. Another advantage of using the information system is that it can help in saving all the credentials of the users so that they can log in back to the application. Also using the information system can help the company to analyze the market and make much better decisions (George, Haas Pentland, 2014). Also with the help of information system they are providing top of the class security to their users b) In depth analysis of the Information System used by Woolworths Woolworths is using the Big Data technology to control the overall. There are many advantages of using Big Data. With the help of Big Data, the company can store huge amount of data in their database and analyze them at a time which makes the processing time much less and saves the time too. The security that is offered by Big Data is also quit strong and cannot be easily breached which helps in securing the data (Gollenia, 2016). With the help of Big Data, the information that is stored is not contiguous rather it is scattered which also ensures the safety of the information that everything will not get lost and this also gives the facility to retrieve the data anytime the organization need. Beside Big Data, the organization also use CRM or Customer Relationship Model which aims in analyzing the customer based on their interactions and data throughput of the customers (Hashem et al., 2015). It also helps in improving the business relationships with the customers and also helps in gr owing the sales growth. CRM also helps in storing the personal information, their purchase history; recommendation based on their buying preferences and also counts their concerns. With the help of Big Data, the company can operate its daily business process as with big data, information can be stored and analyzed on the daily basis. This can also help the company to gain competitive advantages over other as better decisions can be made with the help of Big Data which will definitely help the company grow more (Gollenia, 2016). In their application, artificial intelligence is also incorporated as without the help of artificial intelligence, it would be difficult to track every individuals personal preference and give recommendations to them. Beside all these, the company also uses the Accounting Information System, Management Information System, Marketing Information System, Human Resource Management System and many others (Hashem et al., 2015). c) Information System used in each level of Woolworths The company has installed many forms of information system which helps it to work smoothly all around and help in doing everyday tasks without any problems. The four main areas of the company that uses the information system are listed below. The Human Resource Department or HR uses the Human Resource Management System (HRMS). It is basically an amalgam of two different types of software namely human resource and information technology through HR software (Helo et al., 2014). With the help of this application, activities in HR occur electronically. In case of marketing, the company uses Marketing Information System which is a permanent arrangement which gives provision to the regular availability of information in a timely manner and the information that is being supplied is also reliable, relevant and adequate which helps in making better marketing decisions. With the help of Marketing Information System, changing needs of customers are also managed in a proper way (Hashem et al., 2015). This also helps in changing distribution practices and many more. For the Finance Department, the company uses the Accounting System Information or AIS that helps in accumulating and analyzing financial data so that the collected data can be used accountants or consultants or business analyst or the managers. AIS help in achieving the highest accuracy when it comes to handle big data (Tao et al., 2014). This keeps the data intact and secure as well as the person with authorization can access these data. For the System Administrator part, the company uses Management Information System which is basically a computerized database of programs which helps in producing regular reports on operations for every level of the management in the company. The work of the System Administrator is to see if all the systems are working correctly and performing up to its mark. This can also help monitoring the data of the company as a whole (Mayer-Schnberger Cukier, 2013). The information that is displayed by the MIS can help to see the actual data against the planned results. d) Information System to be installed or outsource it There are advantages and disadvantages of getting an information system installed within the company or to outsource them. Advantages of installing an information system internally is that the company will have full access control of the database and can be monitored by the company whenever possible (Helo et al., 2014). Disadvantages of installing the information system internally is that if there is any update to the system, the company need to set up the whole information from the beginning which will require time as well as all the previous installation records will be removed (Marz Warren, 2015). The advantages of outsourcing the information system is that the update will be installed by the service providers and the company need not to take any headache for it. Disadvantage of outsourcing is that the data will be out in the wild and anyone can access it (Asatiani et al., 2014). For the following mentioned reasons, the company should outsource information system as this will sav e time and it offers better security to the information too. e) Companys success due to Information System With the help of information system, the company can analyze the market and this can help them in making better decisions which will benefit the company in the long run. Also with this, the company can get to know more than their competitors and this can help them in making much better innovation (Jagadish et al., 2014). The information system can also help in providing the better security which can protect their data from any external forces. Information system also helps them in analyzing their customers behavior based on which they can make recommendations (Chen Zhang, 2014). The feature is present in the application as well as the website where after sign in up, based on the users search, the system will automatically give suggestions and recommendations to the users so that it can help them to navigate through all the products and they can also get their products nearby rather than searching manually. Big Data can also help in analyzing the customers behavior that what are they buying the most and giving discounts on that particular product which will increase the sale as well as the revenue (Larose, 2014). f) Role of CIO and the power of CIO CIO or Chief Information Officer is a job title which is basically given to a person in an enterprise who is in charge of information technology strategy and also manages the computer system that is required to support the goals for the enterprise. Nowadays the data that are collected by any firms are not processed under the department of IT professionals rather is distributed among enterprise (Provost Fawcett, 2013). Role of CIO is to point out how to make the architecture and network of the company much better and also to keep in mind that the network structure should have end-to-end encryption. CIO is responsible for overseeing IT systems and also helps in managing IT services (Swan, 2013). The task requires the ability to re-engineer business processes so that the company can take advantages of new platforms. Decisions taken by the CIO is mostly related to the information system that is what new can be done in order to analyze the market and how it can be made better. The CIO is also responsible to make necessary changes that are required by the company in order to stay ahead in the business (Paul, 2014). Authority of a CIO is to control what new systems are to be installed and how they are managed. It has also got the authority of data that who can view these data and how many other employees can view (Paul, 2014). The CIO can set up different strategies for different reasons based on the requirements. She/he is responsible to check all the systems and also check if the data is getting lost or not. He/she also manages the whole information system that what new systems can be installed in order to improve the productivity and efficiency. Using Data Mining to increase the revenues There are many advantages of using data mining and business firms are gradually getting this idea. Business firms are using data mining in order to increase the sales and revenues. Data mining can be used for sales forecasting that is with the help of data mining, business can analyze or predict the behavioral characteristics of the customers which can definitely help them in predicting the future. In this way complimentary products can be given to the customers so that they come again and buy that product. Another use data mining is that it can be used for merchandise planning that is with data mining, companies can get to know about the right stocking. This also include in selecting the right product for the right price. This is only possible through data base. Third thing is that creating Marketing strategies that is with data mining, companies can easily understand the market which can help them in making better decisions for marketing (Wu et al.,2014). Another way to boost the r evenues using data mining is by creating customer relationship management that with data mining, it can be used to analyze the customers and based on their preferences, products should be made available. Conclusion From the above report it can be concluded that information system can be very much useful as this can help a company to analyze the market more efficiently and also can help in understanding the customers need and help in maintaining good relationships with the customers. Big Data and CRM are very much useful for any company as they can offer security and processing of data is also quite fast. With the help of these technologies, companies can increase their revenues also. Having information system gives an edge over other competitors which help them to stay in the market. Human Resource Management System can help the company to manage all issues within the organization in a more effective way. Also Marketing Information System and Accounting System Information both can be used to analyze the market and make plans according to the budget that the company proposed. Also applying new strategies can help the company to make a mark for itself and it will gain more reorganization within i ts area. They can analyze the data as well as the peoples information so that they can provide the best suitable products for the people based on their interest.
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