Saturday, February 15, 2020

Sowftware design problem Research Paper Example | Topics and Well Written Essays - 1000 words

Sowftware design problem - Research Paper Example The power of computers in such an activity leads to the establishment of numerous software companies, which are engaged in developing a variety of applications. As a safety related system is under development, a safety argument is under preparation that shows why confidence needs to be put in the system’s ability to meet safety requirements. This leads to the question why those requirements demand safe operation. The moment the system and its arguments are acknowledged, the system is set into operation. Faults may still exist in the system or in its maintenance or operational procedures if the safety argument is not complete. If triggered, the faults can lead to a failure. In such a case, an analysis needs to be conducted to distinguish the nature of the failure. It might be random or even systemic, i.e. due to a design fault, which was introduced when the system was being developed or serviced. Failures that arise from systemic faults must be comprehensively analyzed to avoid recurrences (Baah 3). Large projects, for example, Agropoli’s system of public transportation involves qualified personnel in the software development process. Software companies face several issues in the process of software development. These include: possible negligence of the software developer and another involves possible negligence, but adds another party who happens to be the malicious hacker. Other problems include change of rules during development, preservation of existing software, flexibility due to lack of standards as well as behavior of discrete systems. The complexity involved in the process of software development leads to software bugs. Late completion, low quality, lack of reliability and software not satisfying the stated demand are the symptoms of software bugs. In a scenario, for example, the Agropoli’s system of public transportation where the system under development is discovered to have some difficulties during

Sunday, February 2, 2020

Balanced Scorecard Essay Example | Topics and Well Written Essays - 2500 words

Balanced Scorecard - Essay Example Although organizations measured their performance even before emergence of the balanced scorecard, they did not know how to implement new strategies. The balanced scorecard has evolved in its functionality to embrace translation of company strategies into action. The balance scorecard seeks to operationalize organizational strategy towards achieve desired outcomes. In this case, the balance scorecard ensures that the organization realizes its vision and mission through mobilization of resources and utilizing them in line with corporate objectives and goals, both short term and long term. Through the balanced scorecard, an organization can assess the current performance situation, as well as any feedback available from previous performance, and updating corporate strategies in such a manner that it effectively eliminates any bottlenecks available. This paper will discuss the adoption of Balanced Scorecard by contemporary organizations, and more specifically, the role of Balanced Scorecard in translating strategies to action as well as its role as a strategic management accounting technique. Translating Strategy into Action The Balanced Scorecard helps translate an organizations strategy and vision into a comprehensive set of measures and metrics to performance. This functionality puts into practice four perspectives of the Balanced Scorecard that include customer knowledge, financial measures, learning and growth, and internal organizational processes. This functionality particularly offers a balance between the company’s desired outcomes and their performance drivers, long term and short-term objectives, alongside objective outcomes. In addition, the balance scorecard has been used by managers as a revolutionary tool that enables them to mobilize their resources and strongholds to achieve the mission of the organization. The Balanced Scorecard appears as a management system that is applicable in channeling abilities, energies, advanced knowledge among its employees towards company objectives and long-term goals. The balanced score card is basically applicable in translating strategies put in pl ace by companies into performance measures that are comprehensive to the targets and achievement needs of the organization as a whole with respects to the complex environments in which they operate (Kaplan &Norton, 1996, p.2). Use of Balanced Scorecard for Strategy translation application to action has been evident among senior executives in banking, insurance, retailing, and oil industries to streamline current performance and target their future performance needs. Strategy translation focuses on effective and efficient use of a company’s intangible assets to spearhead the long-term financial success and value creation of the company through financial and non-financial perspectives. Growth and learning regards individual employees and the entire organizational human resource alongside cross-departmental initiatives to identify efficient new processes that would enable the organizations to meet customer needs and objectives of shareholders (Holl & Bohm, 2005, p.15). The Balan ced Scorecard is applicable as a learning system that is robust for testing the current situation, accessing situational feedback and updating ideal strategies fit for shortcomings of previous organizations functionality. However, strategy translation to action using the Balanced Scorecard is not completely ignorant of the steps that organizational managers use to build a tailored balanced scorecard.