Current Search:   Ajayi, Richard (x)

View All Items

  • CSV Spreadsheet
(1 - 6 of 6)
ANATOMY OF A FINANCIAL CENTER'S GLOBAL COMPETITIVENESS IN THE CONTEXT OF MICHAEL PORTER'S MODEL OF NATIONAL COMPETITIVE ADVANTAGE: A THEORETICAL ANALYSIS
Title
ANATOMY OF A FINANCIAL CENTER'S GLOBAL COMPETITIVENESS IN THE CONTEXT OF MICHAEL PORTER'S MODEL OF NATIONAL COMPETITIVE ADVANTAGE: A THEORETICAL ANALYSIS.
Creator
Magpantay, Josef, Ajayi, Richard, University of Central Florida
Abstract / Description
Throughout history, a number of financial centers have risen and fallen. While the significance of some centers have deteriorated, a small number of centers have emerged as today's leading financial centers by meeting a specific set of necessary conditions needed to successfully address the growing financial needs of the regions they are located. Furthermore, an even smaller number of financial centers have been able to sustain and expand their initial dominance in the financial industry by...
Show moreThroughout history, a number of financial centers have risen and fallen. While the significance of some centers have deteriorated, a small number of centers have emerged as today's leading financial centers by meeting a specific set of necessary conditions needed to successfully address the growing financial needs of the regions they are located. Furthermore, an even smaller number of financial centers have been able to sustain and expand their initial dominance in the financial industry by continuously satisfying a more focused set of conditions and factors. This thesis focuses on adapting Michael Porter's Diamond Model in determining, clustering, and expanding key factors that have historically given cities such as London, New York, Hong Kong, Singapore, and Tokyo their current status at the pinnacle of the financial centers of the world. This thesis begins by taking Porter's model that addresses national competitive advantage nations from a macroeconomic point of view, and adapting it to the development of financial centers at a microeconomic level. It utilizes Michael Porter's established grouping corners for identifying a vast array of macroeconomic and microeconomic factors that have historically played critical roles in increasing productivity and efficiency within a center's financial industry. Additionally, this thesis categorizes these factors into parameters that form a theoretical model designed to showcase the path to global financial dominance for an aspiring financial center. With the adaptation of Porter's model outlined in this thesis, financial centers are given a figurative blueprint of what constitutes a successful financial center. The theoretical model analyzes the necessary conditions and environments that a center needs to recreate within itself, or are endowed with, in order to be a globally competitive financial center.
Show less
Date Issued
2011
Identifier
CFH0004062, ucf:44806
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFH0004062
A Framework for Measuring the Value-Added of Knowledge Processes with Analysis of Process Interactions and Dynamics
Title
A Framework for Measuring the Value-Added of Knowledge Processes with Analysis of Process Interactions and Dynamics.
Creator
Cintron, Jose, Rabelo, Luis, Elshennawy, Ahmad, Thompson, William, Ajayi, Richard, University of Central Florida
Abstract / Description
The most known and widely used methods use cash flows and tangible assets to measure the impact of investments in the organization's outputs. But in the last decade many newer organizations whose outputs are heavily dependent on information technology utilize knowledge as their main asset. These organizations' market values lie on the knowledge of its employees and their technological capabilities. In the current technology-based business landscape the value added by assets utilized for...
Show moreThe most known and widely used methods use cash flows and tangible assets to measure the impact of investments in the organization's outputs. But in the last decade many newer organizations whose outputs are heavily dependent on information technology utilize knowledge as their main asset. These organizations' market values lie on the knowledge of its employees and their technological capabilities. In the current technology-based business landscape the value added by assets utilized for generation of outputs cannot be appropriately measured and managed without considering the role that intangible assets and knowledge play in executing processes. The analysis of processes for comparison and decision making based on intangible value added can be accomplished using the knowledge required to execute processes. The measurement of value added by knowledge can provide a more realistic framework for analysis of processes where traditional cost methods are not appropriate, enabling managers to better allocate and control knowledge-based processes. Further consideration of interactions and complexity between proposed process alternatives can yield answers about where and when investments can improve value-added while dynamically providing higher returns on investment.
Show less
Date Issued
2013
Identifier
CFE0004983, ucf:49585
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0004983
A Holistic Framework for Transitional Management
Title
A Holistic Framework for Transitional Management.
Creator
Elattar, Ahmed, Rabelo, Luis, Pazour, Jennifer, Mollaghasemi, Mansooreh, Ajayi, Richard, University of Central Florida
Abstract / Description
For all business organizations, there comes a time when a change must take place within their eco-system. It consumes a great deal of thought and planning to ensure that the right decision is made as it could alter the entire course of their business for a number of years to come. This change may appear in the form of a brilliant CEO reaching the age of retirement, or an unsuccessful Managing Director being asked to leave before fulfilling the term of her contract. Regardless of the cause, a...
Show moreFor all business organizations, there comes a time when a change must take place within their eco-system. It consumes a great deal of thought and planning to ensure that the right decision is made as it could alter the entire course of their business for a number of years to come. This change may appear in the form of a brilliant CEO reaching the age of retirement, or an unsuccessful Managing Director being asked to leave before fulfilling the term of her contract. Regardless of the cause, a transition must occur in which a suitable successor is chosen and put into place while minimizing costs, satisfying stakeholders, ensuring that the successor has been adequately prepared for their new position, and minimizing work place gossip, among other things. It is also important to understand how the nature of the business, as well as its financial standing, effects such a transition.Engineering and management principles come together in this study to ensure that organizations going through such a change are on the right course. As the problem of transitional management is not one of concrete values and contains many ambiguous concepts, one way to tackle the problem is by utilizing various industrial engineering methodologies that allow these companies to systematically begin preparing for such a change. By default, organizational strategy has to change, technology is continually being renewed and it becomes very hard for the same leader to constantly implement new and innovative developments.Organizations today have a very poor understanding of where they currently stand and as a result the cause for a company's lack of profitability is often overlooked with time and money being wasted in an attempt to fix something that is not broken. To be able to look at the bigger picture of an organization and from there begin to close in on the main problems causing a negative impact, the Matrix of Change is used and takes in many factors to layout an accurate representation of the direction in which an organization should be headed and how it can continue to grow and remain successful. The Theory of Constraints on the other hand is used here as a step-by-step guide allowing companies to be better organized during times of change. And System Dynamics modeling is where these companies can begin to simulate and solve the dilemma of transitional management using causal loop diagrams and stock and flow diagrams.Through such tools a framework can begin to be developed, one that is valued by corporations and continually reviewed. Several case studies, simulation modeling, and a panel of experts were used in order to demonstrate and validate this framework.
Show less
Date Issued
2014
Identifier
CFE0005160, ucf:50708
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005160
A framework for interoperability on the United States electric grid infrastructure
Title
A framework for interoperability on the United States electric grid infrastructure.
Creator
Laval, Stuart, Rabelo, Luis, Zheng, Qipeng, Xanthopoulos, Petros, Ajayi, Richard, University of Central Florida
Abstract / Description
Historically, the United States (US) electric grid has been a stable one-way power delivery infrastructure that supplies centrally-generated electricity to its predictably consuming demand. However, the US electric grid is now undergoing a huge transformation from a simple and static system to a complex and dynamic network, which is starting to interconnect intermittent distributed energy resources (DERs), portable electric vehicles (EVs), and load-altering home automation devices, that...
Show moreHistorically, the United States (US) electric grid has been a stable one-way power delivery infrastructure that supplies centrally-generated electricity to its predictably consuming demand. However, the US electric grid is now undergoing a huge transformation from a simple and static system to a complex and dynamic network, which is starting to interconnect intermittent distributed energy resources (DERs), portable electric vehicles (EVs), and load-altering home automation devices, that create bidirectional power flow or stochastic load behavior. In order for this grid of the future to effectively embrace the high penetration of these disruptive and fast-responding digital technologies without compromising its safety, reliability, and affordability, plug-and-play interoperability within the field area network must be enabled between operational technology (OT), information technology (IT), and telecommunication assets in order to seamlessly and securely integrate into the electric utility's operations and planning systems in a modular, flexible, and scalable fashion. This research proposes a potential approach to simplifying the translation and contextualization of operational data on the electric grid without being routed to the utility datacenter for a control decision. This methodology integrates modern software technology from other industries, along with utility industry-standard semantic models, to overcome information siloes and enable interoperability. By leveraging industrial engineering tools, a framework is also developed to help devise a reference architecture and use-case application process that is applied and validated at a US electric utility.
Show less
Date Issued
2015
Identifier
CFE0005647, ucf:50193
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005647
Strategic Improvement: A Systems Approach using the Balanced Scorecard Methodology to Increase Federally Financed Research at the University of Central Florida
Title
Strategic Improvement: A Systems Approach using the Balanced Scorecard Methodology to Increase Federally Financed Research at the University of Central Florida.
Creator
Walters, Joseph, Rabelo, Luis, Ajayi, Richard, Calabrese, Mark, University of Central Florida
Abstract / Description
The University of Central Florida has many successful measures to reflect on as it celebrates its 50th year in 2013. It is the university with the 2nd largest student population in the U. S. and its overall ranking in the U.S. News (&) World Report has improved 4 years in a row. However, with respect to research, the federally funded research and development for the University of Central Florida (UCF) has remained flat. In addition, when compared to other schools, its portion of those federal...
Show moreThe University of Central Florida has many successful measures to reflect on as it celebrates its 50th year in 2013. It is the university with the 2nd largest student population in the U. S. and its overall ranking in the U.S. News (&) World Report has improved 4 years in a row. However, with respect to research, the federally funded research and development for the University of Central Florida (UCF) has remained flat. In addition, when compared to other schools, its portion of those federal research dollars is small. This thesis lays the groundwork for developing a model for improving the federally financed academic research and development. A systems approach using the balanced scorecard methodology was used to develop causal loop relationships between the many factors that influence the federal funding process. Measures are proposed that link back to the objectives and mission of the university. One particular measure found in the literature was refined to improve its integration into this model. The resulting work provides a framework with specific measures that can be incorporated at the university to improve their share of the federally financed research and development. Although developed for UCF this work could be applied to any university that desires to improve their standing in the federal financed academic research and development market.
Show less
Date Issued
2013
Identifier
CFE0005069, ucf:49955
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005069
A Hybrid Simulation Framework of Consumer-to-Consumer Ecommerce Space
Title
A Hybrid Simulation Framework of Consumer-to-Consumer Ecommerce Space.
Creator
Joledo, Oloruntomi, Rabelo, Luis, Lee, Gene, Elshennawy, Ahmad, Ajayi, Richard, University of Central Florida
Abstract / Description
In the past decade, ecommerce transformed the business models of many organizations. Information Technology leveled the playing field for new participants, who were capable of causing disruptive changes in every industry. (")Web 2.0(") or (")Social Web(") further redefined ways users enlist for services. It is now easy to be influenced to make choices of services based on recommendations of friends and popularity amongst peers. This research proposes a simulation framework to investigate how...
Show moreIn the past decade, ecommerce transformed the business models of many organizations. Information Technology leveled the playing field for new participants, who were capable of causing disruptive changes in every industry. (")Web 2.0(") or (")Social Web(") further redefined ways users enlist for services. It is now easy to be influenced to make choices of services based on recommendations of friends and popularity amongst peers. This research proposes a simulation framework to investigate how actions of stakeholders at this level of complexity affect system performance as well as the dynamics that exist between different models using concepts from the fields of operations engineering, engineering management, and multi-model simulation. Viewing this complex model from a systems perspective calls for the integration of different levels of behaviors. Complex interactions exist among stakeholders, the environment and available technology. The presence of continuous and discrete behaviors coupled with stochastic and deterministic behaviors present challenges for using standalone simulation tools to simulate the business model.We propose a framework that takes into account dynamic system complexity and risk from a hybrid paradigm. The SCOR model is employed to map the business processes and it is implemented using agent based simulation and system dynamics. By combining system dynamics at the strategy level with agent based models of consumer behaviors, an accurate yet efficient representation of the business model that makes for sound basis of decision making can be achieved to maximize stakeholders' utility.
Show less
Date Issued
2016
Identifier
CFE0006122, ucf:51171
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0006122