Providing relevant, timely and accurate metrics to managers in rapidly evolving high technology businesses requires reporting systems that are able to develop alongside today’s electronic businesses. Successful application of appropriate, and increasingly complex information needs, requires sound understanding of the parameters involved in collection and application of such information.
This will require an ability to change from existing information parameters to fully integrated highly sophisticated IT systems which are capable of enhancing management efficacy. Exceptional corporate performance will be a necessary adjunct to successful business winning, of which information metrics plays an omnipresent, and influential role.
Participants will be able to appreciate the restrictions placed on the information available to management, and to adapt processes as necessary to meet these information needs effectively in this fast moving environment. At the same time participants must be aware of the risks involved in adopting rapid changes in core information, in addition to an awareness of further potential developments, which may be essential to future business survival in an electronic age.
This module adopts a life cycle approach to business formation, development and exit, be it successful, or unsuccessful! It will include inputs from industry experts and academics to create a relevant and dynamic framework for downstream modules. It will examine critically the processes adopted to meet the needs of organisational structures that will survive and flourish in today’s dynamic and complex business environment.
The module is supported by a resource pack providing support material as a reference to the key concepts, tools and techniques deployed in the module, and to enable a participant to complete the Directed Learning.
On successful completion of the module participants will be able to:
- Have an awareness of the stages of development a business can follow from incorporation to flotation, insolvency and other forms of exit.
- Appreciate the implications of managing shareholder and stakeholder values within and beyond the rapidly changing arena of E Business.
- Recognise, and appreciate metrics for E Businesses, including appropriate boundaries for relevant applications and future development in this area.
- Identify suitable sources of funding for E Businesses including income generation and sources of funding for expansion and product development.
- Build business cases for E opportunities, business planning for E Businesses, recognise risks for E Business.
- Understand the implications of financial security within an E Business, and the boundaries that may affect this security.
- Control of Business’ resources
- Financial metrics
- Sources of Finance
- Valuation of conventional and E Businesses
- Financial reporting
- Financial Security
3 Days, supported by 16 hours web based learning, making a total of 5 days, together with a Post Module Assignment or equivalent as appropriate
Assessment is as follows: 15% e-test on the pre-work; 15% group work and 70% on the Post Module Assignment
This is a course module on the Digital Consultancy & Entrepreneurship specialism of MSc e-Business Management.
Please note: the details of this module are correct for the current year of study and may be subject to change for future years.