Preview

Strategic Management

Good Essays
Open Document
Open Document
9971 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management
Province of British Columbia

Enterprise Content
Management Strategy
Defining the Government “Content
Ecosystem”

Version 2.0

Office of the CIO

ii | P a g e

ECM Strategy

Office of the CIO

ECM Strategy

Foreword
Driven by the need to control the content chaos that pervades local drives, file shares, email systems and document stores, organizations large and small are looking to impose order through Content Management. There are two types of content – structured and unstructured.
Unstructured content includes: email, PowerPoint presentations, images, videos, audio recordings, documents, records and other files. This document focuses on unstructured content. Up to 80% of an organization’s information typically takes the form of unstructured content.
Managing this volume of unstructured content is challenging but necessary to comply with regulatory requirements and having the potential for significant productivity gains. For example:
There are substantial risks and liabilities related to not being able to produce relevant documents, or retaining documents that are no longer required, e.g. Carrier Lumber
Judgment against the province for $75 million.
“White-collar workers will spend anywhere from 30 to 40 percent of their time this year managing documents, up from 20 percent of their time in 1997.” So using a count of 30,000 employees with an average $50,000 salary, a low end 30% time commitment would mean that the province could be nominally investing $450 million annual to manage content.
There have been numerous Content Management (CM) efforts within the BC government but they have been siloed, solving specific business needs but never allowing content to be found and reused in other business areas.
“Companies need to share content to help employees reuse instead of reinventing the wheel, and to help them find information and knowledge locked inside different Content
Management systems across an enterprise. We must

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Strategic Management

    • 660 Words
    • 3 Pages

    Panera Bread uses a differentiation strategy. Of the generic competitive strategies discussed in the text, focused differentiation most closely fits the competitive approach that Panera Bread is taking. Panera Bread is trying to achieve a competitive advantage in product environment and great service.…

    • 660 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic Management

    • 2504 Words
    • 9 Pages

    Q1: What were the drivers of Toyota’s accelerator crisis? Why was Toyota facing a recall crisis?…

    • 2504 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Strategic Management

    • 3511 Words
    • 15 Pages

    Strategy – Yahoo has set a long term strategic direction for the business and its resources.…

    • 3511 Words
    • 15 Pages
    Best Essays
  • Good Essays

    Strategic Management

    • 676 Words
    • 3 Pages

    Let’s look at what “strategic management” and “strategic management process” mean. First, strategic management “is the process of analyzing the current situation, developing appropriate strategies, putting those strategies into action, and evaluating and changing those strategies as needed (Coulter, 2013). And “strategic management process “implies sequential and interrelated activities leading to some outcome. In the strategic management process, the interrelated activities- situation analysis, strategy formulation, strategy implementation, and strategy evaluation – result in a set of strategies the organization uses in doing its business (Coulter, 2013).” In the MTV case, strategic management and strategic management process are illustrated when they created the MTV channel in the early 1980’s in which they targeted an audience of teens and young adults. And then they added reality television in 1992. Even though for years the MTV ratings declined they still had a massive audience. By 1981 they had increased their subscribers to 2.1 million. When MTV’s audience expanded this allowed the company to expand and lead them to owning many MTV channels and show. This company grew tremendously which lead them to go global and digital in the United States as well as other countries around the world. With their global strategy they have reached over 520 million households in 160 countries. They used the first-in-market strategy. They also set up a plan for their company after the industry critized their digital strategy.…

    • 676 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Strategic Management

    • 962 Words
    • 4 Pages

    By 2000 Statoil allocated NOK 43.3 billion of its funds strategically to triple their foreign production of oil and gas by 2007. However they had to manage the inherent risk to their reputation the investment was allocated for politically sensitive countries like Venezuela, Angola, Algeria, Azerbaijan and Iran, all which were known for corruption, bribery and human rights violations. Statoil’s largest strategic target was Iran, who held 9% of the worlds known oil reserves and 15% of its natural gas deposits. Statoil’s CEO maintained, in 2002, that due to Norwegian fields being mature, Statoil had to look outside Norway. He believed that doing business with these countries would be smooth.…

    • 962 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Strategic Management

    • 737 Words
    • 3 Pages

    What lead to the success of Galanz company? Please analyse the company form the perspectives of competitive strategy and operations strategy?…

    • 737 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Improved information infrastructure has vastly increased our ability to store, retrieve, sort, filter and distribute information, thereby greatly enhancing the value of the underlying information itself.…

    • 12390 Words
    • 50 Pages
    Powerful Essays
  • Good Essays

    BEST PRACTICES KNOWLEDGE MANAGEMENT FRAMEWORK Presented by: Janice S. Madarang MPA620 – Administrative Innovations and Reforms WHAT IS KNOWLEDGE MANAGEMENT? Knowledge management is capturing, structuring, enhancing and disseminating the knowledge of an organization. Knowledge management involves:  Getting the right information, to the right person, at the right time and cost  Organizing, distilling and presenting information in a timely, relevant, accurate and simple manner  Leveraging both tacit and explicit knowledge in a systematic way…

    • 1569 Words
    • 10 Pages
    Good Essays
  • Best Essays

    Mr osuszek

    • 3254 Words
    • 14 Pages

    ECM aims to make the management of corporate information easier through simplifying storage, security, version control, process routing, and retention. The benefits to an organization include improved efficiency, better control, and reduced costs1.…

    • 3254 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Strategic Management

    • 6861 Words
    • 24 Pages

    Defined as the process to identify the purpose of organizations and develop the plans and actions to achieve the purpose (Lynch, 2009), strategic management is of particular importance for company to obtain sustainable growth. This paper intends to apply the strategic management concept into real life context and discuss the case of Ryanair from perspectives of strategic change forces, strategic directions and evaluation of strategic performance in last decade. Finally, recommendations will also be developed for the company’s future strategic movement.…

    • 6861 Words
    • 24 Pages
    Powerful Essays
  • Best Essays

    Managers Problems

    • 1843 Words
    • 8 Pages

    Cited: This?" NetConnect [Library Journal] 132:18-26, Winter, 2007. Available Online Research Resources, Library Literature & Information Science. -Anderson, Charles et al. "Why I Use CINDEX." In: Software for Indexing. Edited by Sandi Schroeder. Wheat Ridge, CO, American Society of Indexers, 2003. pp.45-54. [Electronic Reserves] -Lamb, James. "Embedded Indexing." The Indexer 24(4):206-209, October, 2005. Available Online Research Resources, Library Literature & Information Science. Assignment Citation Indexing Indexing Software Discussion Due: July 20, 2009…

    • 1843 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Beginning in the 1980s, a number of vendors began developing software systems to manage paper-based documents. These systems dealt with paper documents, which included not only printed and published documents, but also photographs, prints, etc.…

    • 382 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Document management has been one of the concerns of the companies today. Documents hold vital information about…

    • 1987 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    •Ease in the management of content and documents – allows easy management of content and documents in the sense that the information can be retrieved and viewed easily. Also modifications can be made easily and quickly. In addition, this system ensures security of the documents. With limited manpower and other resources, this type of automation is a huge benefit for SMBs.…

    • 539 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    hotel management system

    • 1054 Words
    • 5 Pages

    objects to be embedded and can be used to create interactive forms. It provides a…

    • 1054 Words
    • 5 Pages
    Powerful Essays