CAB Board Decision making
1. The change advisory board to meant to assess, priorities, authorize and schedule changes as part of the change control process. The CAB board should include at least one [person from each group affected by the changes. This would include non-IT groups as appropriate.
2. A request for change is a formal request to make changes to a product or system. The request for change is submitted to the CAB for consideration
3. The first stage is to have the request for change accepted for consideration by the CAB. Once it has been accepted for consideration by the CAB. Once it has been accepted for consideration it moves to the second phase. It is during the second phase that the appropriate people who have been included in the CAB look at the request and check for red flags.
4. How much time will it take, How will it affect the company, How much will it cost
5. A goal that has a start date and an end date, so that the task will be completed in a reasonable time.
External Factors that affect a business
War
War have a serious economic impact that can therefore have an impact on the business environment. Figure 1.1 shows the negative and positive impacts war can have on the business environment
Positive Impacts: Creates employment, Inflation, innovation/new technology
Negative Impacts: Lost GDP, Damage to buildings and infrastructure, Rise in national debt, Inflation, Opportunity cost, psychological costs, Decline in working population, Lost GDP
Internal Factors
Restructuring
Businesses may consider restructuring to remain in businesses and competitive. A restructure is a change to how the business is managed, the job roles involved and the responsibilities within the job roles. Restructuring can be required when there is a change in the marketplace, changes in customer demands, planned growth, introduction of new technology, change of location and so on.
Expansion/Growth
Expansion/growth within a businesses can also mean that the business must consider a restructure. As a business increases its customer base/products/services, it may need to consider changes that will enable the business to: sustain its place in the marketplace
retain its customers
provide its products/services effectively and efficiently
This can include changes to: Digital systems for processing and storing data information
Downsizing
Downsizing is not necessarily a negative change for a business. It may just mean that the business has changed the way it operates. Consider a business that had many bricks and mortar retail outlets. Recent changes to customer behavior and the necessity to sell online has resulted in the business making changes to the way it operates. It may reduce the number of premises that it uses as it moves to selling online only
New strategic objectives
Strategic objectives are the overall goals of a business. They describe what the business will do to achieve its overall aim. They are usually associated with some for of performance goal such as:
Launching a new product/service
Increasing Profits
Expanding the market presence for its products/services
New strategic objects involve change in some way or another/new digital technology or changes to operational processes and so on
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