Professional Documents
Culture Documents
Charles Scwab
Traditional stock trading model ? Technology adaptation Why discounts? New facilities/services Discount broker to Leader in online financial services Analyze contribution of IS, decision support system, communication
Udayan Shinde 2011
Process Modeling
Document Flow Diagrams Flowchart Structured English Business Process reengineering
Process Modeling
Data Flow Diagram
Entities Processes Data Stores Data Flow
Does not capture details like sequence, timing nor the detailed logic and pyhisical devices
Udayan Shinde 2011
Process Modeling
Data Flow Diagram
Process Modeling
Data Flow Diagram
Process Modeling
Flowcharts
Used to document essential details Express sequence and logic of procedures using standardized symbols
Process Modeling
Process Modeling
Structured English
Represents Precise logic or a procedure Uses limited forms such as sequence, iteration and selection using if-then or if else etc
Process Modeling
Structured English IF customer has a Bank Account
THEN IF Customer has no dues from previous account THEN Allow loan facility ELSE IF Management Approval is obtained THEN Allow loan facility ELSE Reject ENDIF
Process Characteristics
1. 2. 3. 4. 5. 6. 7. 8. Degree of Structure Range of Involvement Level of Integration Rhythm Complexity Degree of reliance on machines Prominence of Planning and Control Attention to errors and exception
Udayan Shinde 2011
Communication
1. 2. 3. 4. Improve communication Allow communication Eliminate unnecessary communication Systematic communication
Decision Making
1. 2. 3. 4. Intelligence Design Choice Implementation
Process Characteristics
1. Degree of Structure
Structured
Completely well documented and effective
SemiStructured
Some aspects still rely on human judgment and
Unstructured
Intangible Trial and error
Process Characteristics
2. Range of Involvement
Involvement of People
Too many or too few Doers vs Checkers