Showing posts with label strategy. Show all posts
Showing posts with label strategy. Show all posts

Enterprise Business Architecture: The Formal Link between Strategy and Results Review

Enterprise Business Architecture: The Formal Link between Strategy and Results
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In this book the authors have attempted to provide a methodology for developing an Enterprise Business Architecture (EBA). But the book falls short in its ignorance of industry standard modeling notations such as BPMN and UML--thus making the methodology difficult to apply with any of today's modeling tools--and sites very simplistic examples.
The one pearl contained in this book is the focus on business objects (informational and tangible) being exchanged between business processes as a way of understanding dependencies in the architecture.
In my opinion, the content lacks the breadth and depth I would expect to see in a book describing something as significant as a methodology for developing a Business Architecture.

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A critical part of any company's successful strategic planning is the creation of an Enterprise Business Architecture (EBA) with its formal linkages. Strategic research and analysis firms have recognized the importance of an integrated enterprise architecture and they have frequently reported on its increasing value to successful companies. Enterprise Business Architecture: The Formal Link between Strategy and Results explains the approach needed for the development of a formal but pragmatic EBA.Part I introduces EBA concepts and terms, and emphasizes the importance of architectures in reaching business goals. This section challenges you to research and analyze the architectural needs of your business. This analysis enables you to understand both your chosen architecture and the behaviors and discipline needed to maximize its potential. Part II illustrates a high-level approach for building the EBA. It provides you with a richly illustrated case study and guidance for relating the value of this approach to your enterprise. Part III provides suggestions derived from successful engagements that implemented the formal EBA approach with integrated enterprise architectures. This section demonstrates that success does not result from a one-time project, but instead emerges from a new EBA-based corporate behavior.

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Guide to Business Modelling, Second Edition (Economist Series) Review

Guide to Business Modelling, Second Edition (Economist Series)
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This book goes beyond the basic or even advanced Excel how-to book. It focuses on business modeling and how to structure any spreadsheet you build, a topic completely missed by any other Excel book. This book has been written by people who build spreadsheet models, not programmers.
Use this book as a good reference on building spreadsheet, be it for business modeling or just plain use of Excel. For years I sought for this a book. Finally I found it. ...

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All organisations face more and more complex decision making, while the risks dependent on their decisions require increasingly explicit understanding of potential outcomes. This special larger format guide is full of practical help on how to build the best, most flexible, and easy-to-use business models for analysing the upside or potential downside of anything from a small development of an existing business to large-scale mergers and acquisitions. Tennent and Friend have completely revised and updated the acclaimed first edition.For anyone who wants to get ahead in business and especially for those with bottom-line responsibilities, this is an invaluable guide to how to build spreadsheet models for assessing business risks and opportunities.

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Introduction to Electronic Warfare Modeling and Simulation (Artech House Radar Library) Review

Introduction to Electronic Warfare Modeling and Simulation (Artech House Radar Library)
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I haven't finished it yet, but this book provides good EW background and you don't need to have a strong EE or physics background to comprehend what is presented.

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This unique, new book covers the whole field of electronic warfare modeling and simulation at a systems level, including chapters that describe basic electronic warfare (EW) concepts. Written by a well-known expert in the field with more than 24 years of experience, the book explores EW applications and techniques and the radio frequency spectrum, with primary emphasis on HF (high frequency) to microwave. A detailed resource for entry-level engineering personnel in EW, military personnel with no radio or communications engineering background, technicians and software professionals, the work helps you understand the basic concepts required for modeling and simulation, as well as fidelity and other practical aspects of simulation design and application. You get clear explanations of important mathematical concepts, such as decibel notation and spherical trigonometry. This informative reference explains how to facilitate the generation of realistic computer models of EW equipment. Moreover, it describes specific types of EW equipment, how they work and how each is mathematically modeled. The book concludes with a description of the various types of models and simulations and the ways they are applied to training and equipment testing tasks.

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Modeling Bounded Rationality (Zeuthen Lecture Book Series) Review

Modeling Bounded Rationality (Zeuthen Lecture Book Series)
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Very well written in terms of technical coverage and originality of modelling bounded rationality and its application to game theory. However, the author develops most of his theories from either assumption and speculation or no justification at all in terms of formally depicting human rationality. It would have been a much more powerful book if there was a greater coverage of empirical evidence and bridging between psychology, artificial intelligence and economics. This lop-sided approach of modelling using solely game theoretic terminology and concepts ambiguous in their relevancy to simulating human thought and behaviour. However, there are some chapters, such as the one on knowledge representation and the other on limited memory that are the exception to this. Overall though, the book is still quite innovative and worth a read.

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The notion of bounded rationality was initiated in the 1950's by Herbert Simon. In this book the author defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modelling bounded rationality, rather than on substantial economic implications. In the first part of the book the author considers the modelling of choice. After discussing some psychological findings, he proceeds to the modelling of procedural rationality, knowledge, memory, the choice of what to know and group decisions. In the second part, he discusses the fundamental difficulties of modelling bounded rationality in games. He begins with the modelling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response.

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Game Theory Evolving: A Problem-Centered Introduction to Modeling Strategic Interaction (Second Edition) Review

Game Theory Evolving: A Problem-Centered Introduction to Modeling Strategic Interaction (Second Edition)
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Herb Gintis is an economist with a strong interest in the assumptions we make about human rationality in our social, political, and economic theories. He has produced a remarkable and deceptively innovative text that could productively be used in a broad range of fields.
The topic of game theory is interesting to many people because it describes interaction between competitors, presumably helping us pick the best strategy if the circumstances are well enough understood. We might wonder whether the circumstances are well enough understood in daily life to apply the methods of game theory to our own choices, since it usually to assume that we are rational competitors trying to maximize our own gain.
Game Theory Evolving addresses this fascinating question not from a theoretical perspective so much as giving the reader the tools for investigating it themselves in two distinct but complementary ways.
First, it provides practical problem-oriented chapters for learning the principles and thinking in terms of game theoretic methods. The problems are not the usual textbook "who cares, anyway ?" type. Rather they are fun and interesting to solve and often lead to direct insights into real situations.
Second, it extends game theory into the realm of evolutionary thinking, so we not only understand strategic action but we get some deeper insight into how our historical needs shaped our behavior and even our thought processes. Game theory may help explain how we learned to cooperate and why under some conditions we tend to punish cheaters and treat people fairly even though it provides no apparent advantage to us.
Disguised as a lowly academic textbook, Game Theory Evolving is actually a basic toolkit, a passport into the remarkable modern study of evolutionary thinking about human nature, through a practical grounding in the mathematical techniques that have the potential to join our understanding of social sciences and biology.

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