WHAT IS | Enterprise DNA | Dynamic Supply Chain Alignment | Enetrprise Risk Management | Risk Register/Matrix | Enterprise Blitz |

Overview: To compete successfully in the global economy, enterprises across all industries are hard at work trying to;
• Manage Inventory and Resources (supply chain flexibility);
• Manage Debt (effective cash management);
• Manage Industry Challengers (enterprise risk and opportunities); and
• Manage the operating aspects of the enterprise (Accounting, Finance, HR, Marketing and Operations)
in order to meet the growing expectations of customers and stakeholders.

To do this, most enterprises look at three (3) key areas of flow within the organization;
• Product flow;
• Information flow; and
• Finance flow,
with the prime focus on information services (IS) and information technology (IT) to provide the tools and resources to identify the 5W's (Who, What, When, Where, Why) and the How - when it comes to identifying and addressing supply and demand.

While technology is an important component, it does not fully ensure against sustainable growth, risk mitigation and footprint expansion in a dynamic competitive shrinking global economy.

So the Question is - is there a simplified methodology which gets to the fundamental building blocks of an enterprise to enable it to look and identify the very characteristic of the enterprise's personality, its position in the market place, its competitors, its strengths and weakness ..... in short, the DNA of an enterprise.

Enterprise DNA?
Enterprise DNA is very much like people. After all, it is people that make up both sides of an enterprise. While the seller is traditionally a business, the buyer could be another business (B2B) and/or the general public (B2C). Therefore, understanding the culture (the DNA) of your customers, Who, What, When, Where, Why and How they would like to do business with you is the key to sustainable growth and expansion.

Supply Chain Alignment (SCA)?
Supply Chain Alignment (SCA) is based on "Delivering What Customers Want" by aligning the enterprise around the customer. The mindset of SCA is to extend and incorporate the end-customers as part of the flow, to identify external risk, to create greater value, to enhance the relationship and to insure business continuity, sustainable growth and expansion.

Enterprise Risk Management (ERM)? [top]
While Risk Management (RM) has the connotation of something negative, by definition Risk is simply a method to calculate the Frequency of a Consequence and its Probability (an Outcome).

if R = Σ F(CP) ... then, Risk (outcome) can equate to something;
• Positive / Likely; and/or
• Neutral / Moderate; and/or something
• Negative / Catastrophic (Threat minus Mitigation = Risk);
for the enterprise.

Enterprise Risk Management (ERM) is the Risk Management process that cuts right across the entire enterprise to provide a logical and evolving structure. It is a structure that links all the components within an enterprise in a compelling way to form an integrated whole.

Rating Risk on the bases of a level of risk (Standard: AS/NZS 4360:2004)

While the above colour cording is ideal for identifying, analysing, evaluating, rating and establishing the controls for the treatment of Supply Chain Risk and Operational Risk - a different colour cording will be required for;
• Strategic Risk;
• Information System / Technology Risk;
• Product / Service Risk;
• Financial Risk; and
• Compliance Risk ... to name a few.

When applied correctly, ERM has the ability to address critical business issues for the enterprise - such as risk culture, appetite, growth, return on investment / revenue, create value and provide a competitive advantage.

As such, Dynamic Supply Chain Alignment (DSCA) and Enterprise Risk Management (ERM) co-exist in a symbiotic relationship to align the strategy, the processes, the people, the technology and the know-how to create value and to deliver What Customers and Stakeholders Want!

Enterprise Blitz (EB)?
Enterprise Blits is a "review and makeover" to improve and standardise business practices, to enhance productivity and to create a culture within the enterprise to reach goals and surpass prior goals.

This comprehensive program can look into a specific area of business ... or it can take a holistic approach to address a range of issues typically faced by a small to medium enterprises in a competitive global market.

(copyright © 2009, John C. Musster / HERM Logic)