PlanningSkills.COM Tuesday, September 26, 2017 PDT

Home Page
DSSResources.COM
PowerEnterprises.Net

Content Channels:

Ask Dan!
Glossary
Library
Planning Tips
Slides
Web Links

Site Information

About Us
Disclaimer
Privacy Statement
Welcome


What is strategic enterprise management?

by Wikipedia

Strategic Enterprise Management (SEM) refers to the management techniques, metrics and related tools (such as computer software) designed to assist companies in making high-level (strategic) decisions.

Typically, a business using SEM would incorporate a strategic information system, to manage information and assist in strategic decision making. A strategic information system has been defined as, "The information system to support or change enterprise's strategy." by Charles Wiseman (Strategy and Computers 1985). Sprague has defined three classifications of strategic information systems:

  1. Competitive system
  2. Cooperative system
  3. The system changes operations of organization

Key concepts in strategic enterprise management include:

  • Setting specific strategic goals which will improve the position of the company, rather than more general goals such as increased profit or reduced costs.
  • Measuring performance in terms of defined goals, and making the information available to those making strategic decisions.
  • Measuring and managing "intellectual capital", the skill and knowledge base of the companies workforce.
  • Activity based management (ABM), which seeks to evaluate customers and projects in terms of their total cost and benefit to the organisation, rather than assuming that the most important projects are those bringing the highest revenue.

from




Home |  About Us |  What's New
Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.
Google
 
Web planningskills.com