Business process planning and analysis in strategic planning
Business process planning: Why process analysis is crucial for successful strategy development for any company
Most businesses typically spend time each 12 months acquiring new strategy goals and objectives. Goals are designed that reflect the complete strategy of the firm. Business objectives are then created along with the department level to assistance general
corporation goals. Goals are made to measure the progress in the direction of achieving distinct business objectives. And every single employee has goals that support complete tactics and strategies.
In a ideal world, there would not be any conflicting goals. All division goals would in actuality aid the business goals. Every employee would understand these objectives and recognize how to do the job he or she performs and contribute to the overall organization.
The corporation’s strategic plans would be executed flawlessly and the story would usually have a joyful ending. However, strategic objectives might be created in isolation. Department goals could be self serving and may not assist any other critical for business goals. Business departmental objectives could be in battle along with one or more objectives in reality.
Without proper strategic planning people will usually just see their own story or situation and have no thought what is going on outside their scope and activities.
The accumulation of processes, tools, resources and daily routines that take place in every single business organizational system is what finally determines an organization’s good or poor results. So business processes of any type of kind have to be analyzed so they support key business objectives.
Process analysis is specifically helpful in ensuring the accomplishment of business goals and objectives relating to client, consumer or customer service operations which is directly linked to profitability of the business.
A crucial key to transforming a business is the total comprehension of all the processes involved in it. This knowledge is necessary from any management approach to be of really worth, and it can be incorporated in overall good quality administration. Example of such a business systems and processes is ISO quality system which helps businesses identify, analyze and improve business processes, In adition audits like the Sarbanes Oxley allow managers to create better understanding of the company s operations.
#world business news
The 52-year war between the Colombian government and FARC insurgents officially ended on Monday with the start of a ceasefire.
Policymakers at the U.S. Federal Reserve have been accused of using ambiguous and evasive language after several days of commentary.
The current uncertainty over when the U.K. will start the process of quitting the European Union has banks on tenterhooks.
CNBC Meets speaks to legendary country musician Dolly Parton on her life, career and future business plans.
CNBC Meets speaks to Dolly Parton, who takes the time to discuss her humble beginnings, business acumen and success as a music icon.
Dolly Parton talks to CNBC about her business acumen with Dollywood, her film career, and the success of her “Imagination Library”.
The euro/yen chart has multiple features which suggest a downside target near 107.
An opportunity can be found in every market, not just in the markets your look at regularly. This is one of them.
Despite its short-term behavior, the long-term outlook for oil is bullish with medium term targets at $58.
Penn State Online #security #and #risk #analysis #information #and #cyber #security #degree, #penn #state
Bachelor of Science in Security and Risk Analysis – Information and Cyber Security Option
“In the not too distant future, we anticipate that the cyber threat will pose the greatest threat to our country.”
—Robert Mueller, Director of the FBI*
Information and Cyber Security
Malware, data breaches, denial of service, phishing, and other cyber attacks are proliferating. Highly publicized attacks on major corporations, governments, infrastructure, and financial organizations are in the news almost daily, underscoring the need for professionals who are trained to recognize and deal with cyber threats.
Cyber attacks can come in a variety of forms, but often the intent is malicious — an attempt to bring down a computer system, or an intrusion seeking to access and steal intellectual or proprietary data and information. At risk are such things as trade or industry secrets, corporate reputation, customer data including credit card information, and even physical damage to equipment. In fact, a recent report by the Office of the National Counterintelligence Executive highlighted the ease with which foreign collectors of economic information are able to operate in cyberspace with relatively little risk of detection by their private sector targets.
As governments and private entities become increasingly dependent on computer technology to transmit and store sensitive data, intellectual property, and financial transactions, the need for information security and risk analysis professionals will increase.
Why Security and Risk Analysis at Penn State?
Former National Security Agency Director Mike McConnell recently warned that the U.S. government is not equipped to detect and deflect a catastrophic [cyber] attack.
Penn State’s security and risk analysis degree focuses on the technologies, education, and policies to protect people, information, and other assets. Students are introduced to the tools and skills needed to determine the required confidentiality, integrity, and availability of an asset (i.e. a person, structure, facility, information, material, or process that has value).
The degree looks at how to design secure systems, evaluate and measure risk, and ensure that proper levels of privacy are maintained for individual technology users, businesses, government, and other organizations. Courses specific to information and cyber security are embedded within the degree program. These courses can provide you with an understanding of the theories, skills, and technologies associated with network security, cyber threat defense, information warfare, and critical infrastructure protection across multiple industries.
Penn State is recognized by the National Security Agency and Department of Homeland Security as a Center of Academic Excellence (CAE) in Information Assurance and Cyber Defense. The Penn State College of Information Sciences and Technology is a leader among information schools, and the faculty are a diverse group of thought leaders from numerous fields, including computer science, engineering, psychology, chemistry, artificial intelligence, and more.
Who Should Apply?
The SRA major is designed to provide a unique, interdisciplinary curriculum that integrates areas of study in information assurance (both digital and physical security), intelligence analysis, and cyber forensics. If you work in or aspire to work in areas of information and data security, system security, network security, cyber security, intelligence, cyber-intelligence, intel analytics, or cyber crime prevention, this could be an excellent program for you.
Career Opportunities for Graduates
As people and organizations continue to shift more of their business and personal interactions to the Internet, the need is growing for professionals who can keep information and data secure. You can find such careers in business and industry, government and intelligence, and protective services and criminology, among others.
With the BS in SRA, you can prepare for positions such as:
- applications security specialist
- network security specialist
- computer forensics specialist
- computer system auditor
- intelligence analyst and specialist
- cyber-intelligence analyst
- business intelligence analyst
- business process analyst
- counterintelligence and counterterrorism threat analysis
- economic crime analyst
- information security analyst,
- international crime officer
- policy analyst
- program and management analyst
Online Education at Penn State
Penn State has a history of 100+ years of distance education and more than a decade of experience in online learning. We create an online learning environment that offers you the same quality education our residential students experience in a face-to-face setting. Learn more about Penn State World Campus .
When you have successfully completed this program, you will receive the same Penn State diploma that all of our graduates receive. You will become part of a worldwide network of alumni and can choose to join the largest dues-paying alumni association in the world with more than 170,000 members.
*RSAC US 2012 Keynote — Combating Threats in the Cyber World: Outsmarting Terrorists, Hackers, and Spies
—Robert Mueller, Director of the FBI*
Forex Tutorial: Technical Analysis TechnicaI Indicators
One of the underlying tenets of technical analysis is that historical price action predicts future price action. Since the forex is a 24-hour market, there tends to be a large amount of data that can be used to gauge future price activity, thereby increasing the statistical significance of the forecast. This makes it the perfect market for traders that use technical tools, such as trends, charts and indicators. (To learn more, see Introduction to Technical Analysis and Charting Your Way To Better Returns .)
It is important to note that, in general, the interpretation of technical analysis remains the same regardless of the asset being monitored. There are literally hundreds of books dedicated to this field of study, but in this tutorial we will only touch on the basics of why technical analysis is such a popular tool in the forex market.
As the specific techniques of technical analysis are discussed in other tutorials, we will focus on the more forex-specific aspects of technical analysis.
Technical Analysis Discounts Everything; Especially in Forex
Minimal Rate Inconsistency
There are many large players in the forex market, such as hedge funds and large banks, that all have advanced computer systems to constantly monitor any inconsistencies between the different currency pairs. Given these programs, it is rare to see any major inconsistency last longer than a matter of seconds. Many traders turn to forex technical analysis because it presumes that all the factors that influence a price – economic, political, social and psychological – have already been factored into the current exchange rate by the market. With so many investors and so much money exchanging hands each day, the trend and flow of capital is what becomes important, rather than attempting to identify a mispriced rate.
Trend or Range
One of the greatest goals of technical traders in the FX market is to determine whether a given pair will trend in a certain direction, or if it will travel sideways and remain range-bound. The most common method to determine these characteristics is to draw trend lines that connect historical levels that have prevented a rate from heading higher or lower. These levels of support and resistance are used by technical traders to determine whether or not the given trend, or lack of trend, will continue.
Generally, the major currency pairs – such as the EUR/USD, USD/JPY, USD/CHF and GBP/USD – have shown the greatest characteristics of trend, while the currency pairs that have historically shown a higher probability of becoming range-bound have been the currency crosses (pairs not involving the U.S. dollar). The two charts below show the strong trending nature of USD/JPY in contrast to the range-bound nature of EUR/CHF. It is important for every trader to be aware of the characteristics of trend and range, because they will not only affect what pairs are traded, but also what type of strategy should be used. (To learn more about this subject, see Trading Trend Or Range ? )
Graph created by E-Signal.
In your research proposal, you will also discuss how you will conduct an analysis of your data. By the time you get to the analysis of your data, most of the really difficult work has been done. It’s much more difficult to define the research problem, develop and implement a sampling plan, develop a design structure, and determine your measures. If you have done this work well, the analysis of the data is usually a fairly straightforward affair.
Before you look at the various ways of analyzing and discussing data, you need to review the differences between qualitative research/quantitative research and qualitative data/quantitative data.
Why do I have to analyze data?
The purpose of analyzing data is to obtain usable and useful information. The analysis, regardless of whether the data is qualitative or quantitative, may:
- describe and summarize the data.
- identify relationships between variables.
- compare variables.
- identify the difference between variables.
- forecast outcomes.
Earlier, you distinguished between qualitative and quantitative research. It is highly unlikely that your research will be purely one or the other – it will probably be a mixture of the two approaches.
For example, you may have decided to ethnographic research, which is qualitative. In your first step, you may have taken a small sample (normally associated with qualitative research) but then conducted a structured interview or used a questionnaire (normally associated with quantitative research) to determine people’s attitudes to a particular phenomenon (qualitative research). It is therefore likely that your mixed approach will take a qualitative approach some of the time, and a quantitative approach at others depending on the needs of your investigation.
A source of confusion for many people is the belief that qualitative research generates just qualitative data (text, words, opinions, etc) and that quantitative research generates just quantitative data (numbers). Sometimes this is the case, but both types of data can be generated by each approach. For instance, a questionnaire (quantitative research) will often gather factual information like age, salary, length of service (quantitative data) – but may also collect opinions and attitudes (qualitative data).
When it comes to data analysis. some believe that statistical techniques are only applicable for quantitative data. This is not so. There are many statistical techniques that can be applied to qualitative data, such as ratings scales, that has been generated by a quantitative research approach. Even if a qualitative study uses no quantitative data, there are many ways of analyzing qualitative data. For example, having conducted an interview, transcription and organization of data are the first stages of analysis. This would then be continued by systematically analyzing the transcripts, grouping together comments on similar themes and attempting to interpret them, and draw conclusions.
1. Manchester Metropolitan University (Department of Information and Communications) and Learn Higher offer a clear introductory tutorial to qualitative and quantitative data analysis through their Analyze This. site. In additional to teaching about strategies for both approaches to data analysis, the tutorial is peppered with short quizzes to test your understanding. The site also links out to further reading.
Complete this tutorial and use your new knowledge to complete your planning guide for your data analysis.
There are many computer- and technology-related resources available to assist you in your data analysis.
Online General Resources
Quantitative Data Analysis Resources
- The Rice Virtual Lab in Statistics also houses an online textbook, Hyperstat. This textbook introduces univariate and bivariate analysis, probability, distribution and hypothesis testing. The site also includes a really useful section of case studies, which use real life examples to illustrate various statistical tests.
- Not sure which statistical test to use with your data? The University of the West of England has a really helpful tree diagram to help you decide which is the best one for you. The diagram is housed within another good introduction to data analysis.
- Free Statistical Analysis and Data Management software
Common Computer-Aided Qualitative Data Analysis Packages
There are many computer packages that can support your qualitative data analysis. The following site offers a comprehensive overview of many of them: Online QDA
Another package that allows you analyze textual, graphical, audio and video data. It also has the functionality to produce tag clouds to represent the codes you have created. No free demo, but there is a student price.
This has add-ons which allow you to analyze vocabulary and carry out content analysis. There is a visual MAPS add-on which produces visual representations of your data. There is a free demo.
This was one of the first packages for qualitative data analysis. It allows you to create code trees and search your data easily. There is a free demo.
Transana, HyperRESEARCH and HyperTRANSCRIBE, and N-Vivo are other products.
2. When you are done, you will also need to address concerns about the reliability and validity of your possible results. Use these questions and explanations for ideas as you complete your planning guide for this section.
Some common worries amongst researchers are:
- Will the research I’ve done stand up to outside scrutiny?
- Will anyone believe my findings?
These questions are addressed by researchers by assessing the data collection method (the research instrument) for its reliability and its validity .
Reliability is the extent to which the same finding will be obtained if the research was repeated at another time by another researcher. If the same finding can be obtained again, the instrument is consistent or reliable.
Validity is understood best by the question: ‘Are we measuring what we think we are measuring?’ This is very difficult to assess. The following questions are typical of those asked to assess validity issues:
- Has the researcher gained full access to the knowledge and meanings of data?
- Would experienced researchers use the same questions or methods?
No procedure is perfectly reliable, but if a data collection procedure is unreliable then it is also invalid. The other problem is that even if it is reliable, then that does not mean it is necessarily valid.
Triangulation is crosschecking of data using multiple data sources or using two or more methods of data collection. There are different types of triangulation, including:
- time triangulation – longitudinal studies
- methodological triangulation – same method at different times or different methods on same object of study
- investigator triangulation – uses more than one researcher.
Sampling error is a measure of the difference between the sample results and the population parameters being measured. It can never be eliminated, but if random sampling is used, sampling error occurs by chance but is reduced as the sample size increases. When non-random sampling is used this is not the case.
Basic questions we need to ask to assess a sample are:
- Is the sample random and representative of the population?
- Is the sample small or large?
All errors, other than sampling errors, are non-sampling errors and can never be eliminated. The many sources of non-sampling errors include the following:
- Researcher error – unclear definitions; reliability and validity issues; data analysis problems, for example, missing data.
- Interviewer error – general approach; personal interview techniques; recording responses.
- Respondent error – inability to answer; unwilling; cheating; not available; low response rate.
This section was discussed in Elements of the Proposal. where there are many online resources, and you have reflective journal entries that will support you as you develop your ideas for reliability and validity in your planning guide. In addition this writing tutorial specifically addresses the ways in which this can be explained in your research proposal.
Global Leaders Launch Council to Help End Malaria #end #malaria #council, #switzerland, #foreign #policy
Global Leaders Launch Council to Help End Malaria
Bill Gates and Ray Chambers convene ‘End Malaria Council’ to drive attention and funding to wipe out the disease for good
DAVOS, Switzerland. Jan. 20, 2017 /PRNewswire/ — Bill Gates, co-chair of the Bill Melinda Gates Foundation, and Ray Chambers. the United Nations Secretary-General’s Special Envoy for Health in Agenda 2030 and for Malaria, today announced the launch of the End Malaria Council, a group of influential public and private sector leaders who aim to ensure malaria eradication remains a top global priority.
“The next chapter of the fight against malaria starts now,” said Gates, who co-authored a report with Chambers in 2015 called Aspiration to Action: What will it take to end malaria? “For the first time in history, we have a roadmap to a world without malaria – where no one has to die from a mosquito bite ever again. With renewed focus, innovation and new commitments of leadership and funding, we can be the generation to end malaria once and for all.”
The launch of the End Malaria Council comes just a month after the release of the World Health Organization’s 2016 World Malaria Report . which showed remarkable progress in reducing cases and deaths from malaria since 2000, but also underscored the urgent need for global leadership, new funding and innovation to stay on track to meet targets.
Members of the End Malaria Council will work in collaboration with the Roll Back Malaria Partnership and other key partners to help countries and regions achieve their malaria control and elimination goals. Members of this unique group will use their voices and networks to support the work already underway by malaria field workers, scientists and experts by focusing on three areas: building political will, mobilizing resources and supporting the development of new tools to find, prevent and treat malaria.
The Council has nine founding members, a group of whom met on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland to discuss strategies for filling critical financing gaps in Africa. Asia and Latin America. The End Malaria Council will grow to represent all of the key malaria-endemic regions. Inaugural members include:
- Bill Gates. Co-chair and Trustee, Bill Melinda Gates Foundation
- Ray Chambers. UN Secretary-General’s Special Envoy for Health in Agenda 2030 and for Malaria
- Peter Chernin. Founder, Chernin Entertainment and The Chernin Group
- Aliko Dangote, President and Chief Executive, Dangote Group
- H.E. Idriss Déby, President, Republic of Chad (representing the African Leaders Malaria Alliance)
- H.E. Jakaya Kikwete. Former President, United Republic of Tanzania
- Graça Machel, Founder, Foundation for Community Development, Mozambique
- Luis Alberto Moreno. President, Inter-American Development Bank
- H.E. Ellen Johnson Sirleaf. President, Republic of Liberia
Thanks to strong leadership, smart investments and the hard work of the public and private sectors, the world has cut malaria deaths in half since 2000, saving more than 6 million lives from the disease. Malaria-related deaths are at an all-time low, especially among children under five in sub-Saharan Africa. This can be largely attributed to the unprecedented delivery of more than 500 million insecticide-treated bed nets over the last three years, along with significant expansion of diagnosis and treatment.
But malaria preys on the rural poor and the young, still killing a child every two minutes. It stunts productivity, burdens families with health care costs, limits educational achievement and slows overall economic growth.
“We have reached a critical juncture in the malaria fight,” said Chambers. “To end this disease we need a creative approach to financing – one that combines continued support from donor countries with new approaches to expand commitments, particularly from countries affected by malaria.”
Ending malaria is within reach, but the next few years are critical. Success requires maintaining the progress to date, achieving control in endemic countries and accelerating to elimination where possible. Leaders in Africa and Asia have adopted ambitious elimination agendas for their regions, and countries are working hard to achieve the reductions in cases and deaths to meet the bold goals.
“Ending malaria was once an impossible dream,” said H.E. Jakaya Kikwete. former President of the United Republic of Tanzania. who lost a brother to malaria when he was a child and made malaria a key priority while in office. “It is now within our reach. It will take strong leadership and serious financial commitments, but I believe we can make history and end this brutal disease once and for all.”
SOURCE End Malaria Council
Global Leaders Launch Council to Help End Malaria
New York Governor Proposes – Free Tuition – For Public Universities #zero #hedge,zerohedge,finance,economics,markets,politics,analysis,bernie #sanders,free
New York Governor Proposes Free Tuition For Public Universities
There is little doubt that easy access to federally subsidized student loans has contributed to the astronomical increase in the cost of attending college in the United States. After all, what 18 year old would turn down $200,000 in free money to party for 4 years? As an added bonus, when you figure out upon graduation that your degree in anthropology if fairly worthless, you can always just move back in with mom and force taxpayers to pick up your debt burden. Anything less would be a substantial “triggering” event and we just can’t have that.
As we noted roughly a year ago, the amount of student debt outstanding is on track to reach nearly $17 trillion by 2030. which is clearly enough artificial demand to send the price of almost any commodity product soaring.
Well, apparently New York’s Governor doesn’t think that misinformed government policies are doing nearly enough to drive up college tuition costs. As a result, he has decided to jump on the Bernie Sanders bandwagon with a new proposal that would provide free tuition at public state and city colleges to any student whose parents earn less than $125,000.
As the New York Times notes, Cuomo’s plan could apply to as many as 1 million New York families though it was not “immediately clear how the program would be paid for”. which is just a minor detail anyway.
Mr. Cuomo hopes for a quick start for his idea, with a three-year rollout beginning in the fall, though it will require legislative approval, a potential snag when the governor and lawmakers on both sides of the aisle have been at odds over a pay raise and other issues.
It was not immediately clear how the program would be paid for. though the administration said the state already provided nearly $1 billion in support through its tuition assistance program; those awards are capped at $5,165, and many of the grants are smaller.
If the plan is approved, the Cuomo administration estimates the program would allow nearly a million New York families with college-age children, or independent adults, to qualify.
Current tuition at four-year State University of New York schools for state residents is $6,470; at two-year community colleges the cost is $4,350. Costs for City University of New York schools are approximately the same.
Of course, “free tuition” isn’t really free and is estimated to cost New York taxpayers roughly $163mm by the time it’s fully implemented in 2019.
Oh well, we guess this is just a simplification in the process. why go through the bother of underwriting student loans just to have taxpayers pick up the bill later anyway? With the governor’s plan, you just go straight to taxpayers for a handout upon enrollment. Moreover, taxpayers save on the interest costs associated the defaulted student loans so this is really a win for everyone.
Holy hand grenade of Antioch (not verified) Draybin Deffercon III Jan 3, 2017 5:35 PM
Those are not FACTS, they are a mishmash of ‘hopes’
– Bitcoin is not illegal to own (I acknowledge)
– Bitcoin does not need to be reported (I ‘semi acknowledge’ because they haven’t YET bothered with the pissant community of users)
– There are no “Gains” to be reported with BITCOIN
Capital Gains MUST be reported in most Federal Taxation Jurisdictions. Canadian Laws stipulate that 50% of capital gains, in most asset classes, save for a few ‘stipulated’ expemptions, such as real estate, are subject to taxation)
Instead of trying to produce lame arguments with me. Why don’t you do the following:
Why don’t you just write to your Canadian taxation legislation authorities and ASK them whether or not you’ve avoided paying capital gains taxes on your bitcoins.
See what THEY have to say. After all, it’s pretty silly to argue with a ‘stupid moron’ like me.
#writing business plan
The market analysis section of your business plan should illustrate your industry and market knowledge as well as any of your research findings and conclusions. This section is usually presented after the company description .
What to Include in Your Market Analysis
Industry Description and Outlook – Describe your industry, including its current size and historic growth rate as well as other trends and characteristics (e.g. life cycle stage, projected growth rate). Next, list the major customer groups within your industry.
Information About Your Target Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:
Distinguishing characteristics – What are the critical needs of your potential customers? Are those needs being met? What are the demographics of the group and where are they located? Are there any seasonal or cyclical purchasing trends that may impact your business?
Size of the primary target market – In addition to the size of your market, what data can you include about the annual purchases your market makes in your industry? What is the forecasted market growth for this group? For more information, see our market research guide for tips and free government resources that can help you build a market profile.
How much market share can you gain? – What is the market share percentage and number of customers you expect to obtain in a defined geographic area? Explain the logic behind your calculation.
Pricing and gross margin targets – Define your pricing structure. gross margin levels, and any discount that you plan to use.
When you include information about any of the market tests or research studies you have completed, be sure to focus only on the results of these tests. Any other details should be included in the appendix.
Competitive Analysis – Your competitive analysis should identify your competition by product line or service and market segment. Assess the following characteristics of the competitive landscape:
- Market share
- Strengths and weaknesses
- How important is your target market to your competitors?
- Are there any barriers that may hinder you as you enter the market?
- What is your window of opportunity to enter the market?
- Are there any indirect or secondary competitors who may impact your success?
- What barriers to market are there (e.g. changing technology, high investment cost, lack of quality personnel)?
Regulatory Restrictions – Include any customer or governmental regulatory requirements affecting your business, and how you’ll comply. Also, cite any operational or cost impact the compliance process will have on your business.
Once you’ve completed this section, you can move on to the Organization Management section of your business plan.