Benefit Dependency Network
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Benefit Dependency Network
A benefit dependency network (BDN) is a diagram of cause and effect relationships. It is drawn according to a specific structure that visualizes multiple cause-effect relationships organized into capabilities, changes and benefits. It can be considered a business-oriented method of what engineers would call goal modeling and is usually read from right to left to provide a one-page overview of how a business generates value, starting with the high level drivers for change, such as found with Digital Initiatives or cross-organizational ERP management. First proposed by Cranfield School of Management as part of a Benefits Management approach the original model has developed to encompass all the domains required for Benefits Management A look at existing methods by Torsten Langner, LinkedIn https://www.linkedin.com/pulse/look-existing-methods-torsten-langner namely Why, What, Who and How. Recent development has added weights to the connections to create a weighted graph so that caus ...
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BDN For Social Networking
*Baldemu language, spoken in northern Cameroon (ISO 639-3 code: bdn) *''Bangor Daily News'' *Bend Municipal Airport, Oregon, United States (IATA airport code: BDN) *Benefit dependency network *Black Disciples, a street gang in Chicago, United States *Blue Dot Network *Brading railway station, Isle of Wight, United Kingdom (National Rail code: BDN) *BDN, sister station of BKN (TV station), BKN *Big Dick Nick, nickname for NFL Quarterback Nick Foles {{disambiguation ...
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Goal Modeling
A goal model is an element of requirements engineering that may also be used more widely in business analysis. Related elements include stakeholder analysis, context analysis, and scenarios, among other business and technical areas. Principles Goals are objectives which a system should achieve through cooperation of actors in the intended software and in the environment. Goal modeling is especially useful in the early phases of a project. Projects may consider how the intended system meets organizational goals (see also ), why the system is needed and how the stakeholders’ interests may be addressed. A goal model: * Expresses the relationships between a system and its environment (i.e. not only on what the system is supposed to do, but why). The understanding this gives, of the reasons why a system is needed, in its context, is useful because "systems are increasingly used to fundamentally change business processes rather than to automate long-established practices". * Clarifies ...
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Weighted Graph
This is a glossary of graph theory. Graph theory is the study of graphs, systems of nodes or vertices connected in pairs by lines or edges. Symbols A B C D E F G H I K L M N O ...
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Causality
Causality (also referred to as causation, or cause and effect) is influence by which one event, process, state, or object (''a'' ''cause'') contributes to the production of another event, process, state, or object (an ''effect'') where the cause is partly responsible for the effect, and the effect is partly dependent on the cause. In general, a process has many causes, which are also said to be ''causal factors'' for it, and all lie in its past. An effect can in turn be a cause of, or causal factor for, many other effects, which all lie in its future. Some writers have held that causality is metaphysically prior to notions of time and space. Causality is an abstraction that indicates how the world progresses. As such a basic concept, it is more apt as an explanation of other concepts of progression than as something to be explained by others more basic. The concept is like those of agency and efficacy. For this reason, a leap of intuition may be needed to grasp it. Accordin ...
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Value Chain
A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, ''Competitive Advantage: Creating and Sustaining Superior Performance''. The concept of value chains as decision support tools, was added onto the competitive strategies paradigm developed by Porter as early as 1979. In Porter's value chains, Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, and Service are categorized as primary activities. Secondary activities include Procurement, Human Resource management, Technological Development and Infrastructure . According to the OECD Secretary-General the emergence of global value chains (GVCs) in the late 1990s provided a catalyst for accelerated change in the landscape of international investment and trade, wit ...
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Value (ethics)
In ethics and social sciences, value denotes the degree of importance of something or action, with the aim of determining which actions are best to do or what way is best to live (normative ethics in ethics), or to describe the significance of different actions. Value systems are prospective and prescriptive beliefs; they affect the ethical behavior of a person or are the basis of their intentional activities. Often primary values are strong and secondary values are suitable for changes. What makes an action valuable may in turn depend on the ethical values of the objects it increases, decreases, or alters. An object with "ethic value" may be termed an "ethic or philosophic good" (noun sense). Values can be defined as broad preferences concerning appropriate courses of actions or outcomes. As such, values reflect a person's sense of right and wrong or what "ought" to be. "Equal rights for all", "Excellence deserves admiration", and "People should be treated with respect and dignit ...
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Causal Diagrams
Causality (also referred to as causation, or cause and effect) is influence by which one event, process, state, or object (''a'' ''cause'') contributes to the production of another event, process, state, or object (an ''effect'') where the cause is partly responsible for the effect, and the effect is partly dependent on the cause. In general, a process has many causes, which are also said to be ''causal factors'' for it, and all lie in its past. An effect can in turn be a cause of, or causal factor for, many other effects, which all lie in its future. Some writers have held that causality is metaphysically prior to notions of time and space. Causality is an abstraction that indicates how the world progresses. As such a basic concept, it is more apt as an explanation of other concepts of progression than as something to be explained by others more basic. The concept is like those of agency and efficacy. For this reason, a leap of intuition may be needed to grasp it. Accordingl ...
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