Monday, January 24, 2011

My Favourite Sustainable and Distruptive Technology

Technolgy is rapidly changing, it sometimes advances business practices and sometimes it has the opposite effect. My favourite sustainable technology would have to be cell phones. This technology is something I use quite frequently, as it makes it easier to recieve and send information. This technology make business sustainable rather than disruptive because it enables real time business communications. As for a disruptive technology, I would have to say the most common would be social networks. I strongly believe that this technology distrupts business practices by taking about man hours that could be use toward advancing the company. Employers often have to but up a block on social networking sites to stop untrusting employees from slacking on the job.

My Business Process

The four key components of  the business process are: resourecs, activities, facilities and information. I currently am employed at a movie theatre, so I am in a constant business process. The resources I would be in contact with would primarily be the money I would receive from a customer. The facility in which the business process takes place would be the actual theatre structure. The information part of the process would be the dollar amount that each product would cost. Rounding out the business process would be the activity stage. In this stage, the activity would be would be following the procedures established by the company in completing the transaction.

Sunday, January 23, 2011

My IS Day

On a typical day I generally come in contact with a variety of information systems in various places. The 5 key components to an information system are: hardware, software, data, procedures and people.

In day to day life I tend to use information systems frequently at ATM's, when checking my e-mails, when using a pump at the gas station. For the ATM, the hardware would be the actual ATM unit. Followed by the software in which an operation system is used to preform the function of the unit. The data function would be the processing the account information, pin number, and type of account when presenting my debit card. ATM's all seem to use the same universal process of withdrawing or depositing money, enter the card, enter the pin number, select the amount, select the account. This all could not be completed without the individual physical interacting with the machine which is where people come into play.

The process of checking e-mails seem far less complicated in comparison than the ATM. Hardware need to check emails would be obviously an computer or a smart phone. The software for checking e-mails would again be the operating system based on the hardware. Data to access the e-mail account would be the email address and password associated with that account. The process in checking an e-mail account is relatively easy, simply typing in the website the address is part of and following the log in procedures. Finally someone is needed to actually follow the procedures to acquire the e-mail.

Although not something I would take part in daily, filling up gas in my car involves again another information system. Starting again with the hardware, the pump would be the hardware.  Software at the pump would be the the program used to select the type of fuel and the amount of fuel. The data involved at the pump would be the information sent between the pump and the clerk inside, or if paying at the pump it would send the account information from the person card to the banks to approve. The process is the same for every gas station: lift the nozzle, select the fuel, pump desired amount, pay for the fuel. Then all of this could not be completed without someone actually pumping the fuel and then ultimately paying from the consumed fuel.

Friday, January 21, 2011

Personal Goals

My personal goals my not differ much from person to person, graduate with high marks, find a successful job. Where I like to think that my goals differ from others is in the details. To elaborate on this, I wish to graduate from my program among the top of my class. As for a career, I understand we all have to start at the bottom in order to reach the top, some may get to the top faster then others, but I strive to one day be a controller in the automotive industry. I find that the controller position in a company to be one of great importance and it a goal I will continue to work towards once I graduate.

Business Leader I Admire

Without question one of the greatest minds in the world of finance has to be Warren Buffett. Having generated billions of dollars through countless investments, its hard not to admire his success. One has to marvel in his ability to read and react to the market, by investing in companies like Coca-Cola ans Proctor and Gamble before their rise. It goes to show what hard work and dedication can lead too, maybe not on the same scale but it proves it can go a long way.

Educational Achievements

I view my educational career as being a success. Starting from high school were I graduated with honours, I decided to enroll in my first program at Sheridan College in the Police Foundations program. I experience  overwhelming  success in this program graduating from Sheridan with a honours diploma. I view my acceptance to the University of Toronto as a great accomplishment in my life, where i studied economics, political science and historical studies. Now at Sheridan College again for my second program in which I am studying accounting, I view this as a great success in which I hope to launch my career.