As knowledge emerges as the primary strategic resource in the 21st century, many firms in the manufacturing and service sectors alike are beginning to introduce and implement Knowledge Management (KM). Organisations can certainly benefit from its application for enhanced decision support, efficiency and innovation, thus helping them to realise their strategic mission. However, KM is an emerging...

This paper focuses on the adoption of the Balanced Scorecard model [1] for strategic management by a Portuguese insurance company and presents the Decision Support System (DSS) that has been conceived and developed to embody this adoption. A special emphasis is given to the definition of a strategy, the selection of the strategic measures to analyse and monitor and to the selection of initiativ...

There is a tightening race for developing new innovative businesses between global corporations in the world’s high tech industries. Technology-oriented global corporations have therefore to react as fast as possible in order to be able to create new customer value in due time with innovative offers and to survive in increasingly hypercompetitive global markets. In many cases they try to match ...

Predictive Maintenance is the catchword in the present times. First ,the paper analyze the feature of the Predictive Maintenance, include scientific, approximation, timeliness, condition monitoring, fault diagnostic and so on, second the technology system for Predictive maintenance has been studied, including: condition monitoring technology, fault diagnosis technology, state prediction and mai...

Business managers are facing the dynamic environment nowadays, and encountering more and more difficulties in decision-making. In order to formulate suitable strategies, they must consider all aspects of dynamic environments and situations which they meet. Sun Tzu's The Art of War is probably the oldest military book in Chinese and the principles which Sun Tzu advocated are still valuable in ma...

Classified broadly, two motives for intra-family transfers exist: altruism and selfishness. This paper examines two selfish hypotheses − the exchange motive (strategic bequest motive) and the demonstration effect − using a new Japanese micro data set. My analysis of the determinants of intergenerational co-residence, distance between residences, and frequency of contact yields considerable supp...

The Institute of Medicine has identified both computerized physician order entry and electronic prescription as keys to reducing medication errors and improving safety. Many computerized clinical decision support systems can enhance practitioner performance. However, the development of such systems involves a long cycle time that makes it difficult to apply them on a wider scale. This paper pre...