International Journal of Applied Mathematics, Computational Science and Systems Engineering
E-ISSN: 2766-9823
Volume 5, 2023
Enterprise Transformation Projects-A Mathematical Models’ based Enterprise Refinement Concept (ETP-ERC)
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Abstract: This article presents analyzes the possibility and the risks related to the implementation of an Enterprise Transformation Project (ETP), which can be assisted by an Enterprise Refinement Concept (ERC). The ERC is based on the author’s Applied Holistic Mathematical Model (AHMM), to implement a Digital Transformation (DT) process, which is ETP’s first major step. The DT is a very critical process and it decides if the ETP will succeed or fail. ETPs are of strategic importance for the business enterprises or organizations (simply an ENT), but they are unfortunately, very complex and have very high failure-rates. The mentioned major complexity constraints, need a risk based strategic concept that uses a Polymathic-holistic approach, which in turn uses and integrates the AHMM for the ERC (AHMM4ERC). The AHMM4ERC can be used to evaluate ETP’s progress (or regression). The ERC is sets of extraction, conversion, and refinement operations that are executed on various ENT’s levels and on its legacy resources. An ENT can include: 1) A group of stakeholders; 2) Executive managers; and 3) A set of organizational units or business units (simply a Unit), where each Unit has its own (1 or more) Unit system(s) or PLatform(s) (UPL). The application of the ERC on the ENT, refines and transforms all its Units and its UPL(s); to deliver reusable Building Blocks (BB). ERC generated BBs can be assembled and combined in Composite BBs (CBB); and CBBs are used to reorganize ENT’s APplication Domain’s (APD) business and common functions, Units, UPLs, and all their dependencies. The AHMM4ERC insures ENT’s generated BBs, Units, and UPLs integrities; and that they can be used in the ETP.
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Pages: 30-51
DOI: 10.37394/232026.2023.5.4