Natural and man-made hazards may affect industrial production sites by both direct losses (due to physical damage to assets and buildings) and indirect losses (production losses). Indirect losses, e.g. from production downtimes, can exceed direct losses multiple times. Thus, the vulnerability of industrial sectors to indirect losses is an important component of risk and its determination is an ...

This paper discusses the background and results of a research project which was conducted by ENISA (European Network and Information Security Agency) in cooperation with the BOC Information Technologies Consulting GmbH. The project was initiated with respect to the main task of ENISA: ensuring a high and effective level of network and information security within organisations in the European Un...

abstract purpose of this paper: this paper presents an analysis toward understanding the business value components that a health care organization can drive by adopting rfid technology into its system. this researcher proposes a framework for evaluating the business value of rfid technology. to do so, emphasis is put on delivering business value through refining business processes and expanding...

of a keynote speech IT governance is one of those concepts that suddenly emerged and became an important issue in IT. In academic and professional literature, articles mentioning IT governance in the title began to emerge during the late 1990s. In the context of the leading academic HICSS conference, it was defined as the organizational capacity exercised by the board, executive management and ...

A key question in Information Systems research is how information technology creates business value. In this paper, our aim is to help reveal the role of alignment between IT and business resources in business value creation. In particular, we propose that the contribution of IT to business process performance should be investigated in the context of actual IT usage, with IT business alignment ...

This paper reviews and discusses some key concept and principles of risk analysis and risk management, based on a set of statements, formulated as myths about risk. Examples of such myths are: risk is equal to the expected value, risk equals uncertainty, risk can be expressed by probabilities, risk is equal to an event, risk acceptance criteria contribute to obtaining a high safety standard, an...

Achieving business-IT alignment is one of the main purposes and also challenges of organizations. Many studies have indicated the importance of aligning information systems (IS) function with other business functions. The main purpose of this survey is evaluating business-IT alignment focusing on social and technical dimensions of business-IT alignment in Bank Mellat. The data was collected thr...

The development of additive manufacturing (AM) technology is expected to transform product design and manufacturing. It is predicted that the effects of AM on business will be diverse and extensive. It will be critical for business owners to observe how AM impacts on conventional supply chains and business networks, plus the effects on customers’ value propositions and on value creation. Value ...

As business values pursued by today’s organizations are abstract concepts, measurement of these values and their achievement is not straightforward. This paper proposes a value achievement measuring and managing framework, which recursively decomposes business values to construct a value hierarchy and then links it with the business process hierarchy. The framework makes it possible to measure ...