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Synthesizes multiple business discipline theories and concepts into a unified ... that a firm must develop in its dealings with its external stakeholders. ... – PowerPoint PPT presentation

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Title: The


1
The Integrated Enterprise System
2
T.I.E.S
  • The Integrated Enterprise System
  • Synthesizes multiple business discipline theories
    and concepts into a unified and cohesive approach
    to assist tomorrows business leaders to learn
    creative problem identification and solution
    skills
  • Multi-disciplinary
  • Based on a tripartite model of business

3
The Overall Model
Business Ecosystem
Extended Enterprise
Core Business
4
  • Component 1
  • The Basic Ecosystem
  • Business Ecosystem
  • External
  • Holistic
  • Global
  • Opportunities
  • Threats

Social-cultural Environment
Economic Environment
Competitive Environment
Technological Environment
Political-Legal-Ethical Environment
Core Business
Extended Enterprise
5
The Business Ecosystem
  • This view of the firm encompasses an
    understanding of the various external
    environments in which the firm conducts
    operations and the threats thereto. Examples of
    material incorporated in this view include
  • Economics Environment Macro economic
    environments and variables and their impact on
    the firm such as an understanding of world money
    and stock markets, capital generation and
    retention, foreign exchange markets
  • Political-Legal- Ethical Environments
    Government, legal system, regulatory system, and
    ethics
  • Competitive Environments Threats and
    Opportunities
  • Technological Environments Information access
    processing efficiencies
  • Social-Cultural Environments Customer needs and
    trends, natural environmental Issues

6
  • Component 2
  • Extended Enterprise
  • Immediate Interactions between the firm and
  • Stockholders
  • Investors/creditors
  • Distributors
  • Retailers
  • Financial Institutions
  • Suppliers
  • Community
  • Customers
  • Government and Regulatory Agencies

7
The Extended Enterprise
  • This view of the firm encompasses an
    understanding of the various intermediate
    relationships that a firm must develop in its
    dealings with its external stakeholders. This is
    really a link between the business itself and the
    ecosystem in which it operates. Examples of
    material incorporated into this view from a
    financial point of view
  • Customers product liability, branding,
    disclosure (e.g., truth in advertising)
  • Stockholders/Investors corporate governance,
    disclosure
  • Human Resources demographics, outsourcing, plant
    closing decisions
  • Government and Regulatory Agencies EPA, EEOC,
    OSHA, FTC, SEC, DoJ, CPSC, FDA, Judiciary,
    Political system
  • Community Corporate social responsibility,
    environmental quality management, outsourcing and
    plant closing decisions
  • Competitors antitrust

8

Component 3 Intra-Firm Interactions
Accounting
Information systems
Economics
Intra-firm Interactions
Law Ethics
Logistics
Finance
Marketing
Management and Operations
9
The Core Business Business and Its Environment
  • Accounting and Finance
  • Economics
  • Law and Ethics
  • Corporate social responsibility
  • Business ethics
  • Politics and lobbying
  • Constitutional law
  • Regulation and compliance
  • Antitrust
  • International law
  • Environmental policy and managing environmental
    quality
  • Consumerism
  • Labor issues supply, diversity, etc.
  • Corporate governance
  • Management, Operations, Information Systems,
    Logistics
  • Marketing

10
Conceptual Integration
  • Course content is presented within an Integrated
    System
  • Course content is linked to the three
    operational views
  • Course approach is interdisciplinary
  • Learning focuses on course structural knowledge
    content AND on development of integrated
    understanding

11
Specific Course Work and Development Business
and Its Environment (BADM 762)
  • Business Ecosystem
  • International trade
  • Governmental forces
  • Cultural pressures and opportunities
  • Extended Enterprise
  • Corporate social responsibility
  • Lobbying
  • MNC/LDC relations
  • Regulatory compliance
  • Core Business
  • Environmental quality management
  • Civil rights, human resources, and workplace
    issues
  • Governance and compensation

12
Intra Firm Interactions
  • There are several opportunities within each core
    MBA course to illustrate the multiple intra-firm
    interactions. For example,
  • A new product development decision linked to
    human resource recruiting, environmental issues,
    and intellectual property protection
  • The impact of a companys operational decisions
    on the regulatory compliance program of a firm
  • The impact of laws and ethics on new product
    decision/service design decisions
  • Inventory and purchasing decisions are linked to
    budgeting and cash flow situations in accounting
    and finance, as well as contract law
  • The importance of cultural due diligence during
    mergers/acquisitions
  • Importance of ethics and corporate responsibility
    to outsourcing to plant closing decisions

13
The rest of the story
  • Integration will be discussed during the semester
    in BADM 762 (Business and Its Environment)
  • You will also be hearing about integration in
    most of your core MBA classes Quantitative
    Analysis, Marketing, Accounting, Economics,
    Strategy, Finance, etc.
  • Please contribute personal experiences that come
    to mind when we discuss these topics
  • Please provide feedback with respect to the tools
    that we use throughout the MBA curriculum to
    teach integration
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