Risk/return management has not only evolved as one of the key success factors for enterprisesespecially in the financial services industry, but is in the times of the economic crisis initiated by thefinancial markets crucial for the survival of a company. It demands powerful and at the same...

For years, “improving business processes” has been and is the primary business priority of IT. In business process management (BPM), common criteria to evaluate the improvement of a process are time, costs, customer satisfaction and output quality. In contrast, the management of companies...

Striving for efficient asset allocation investors usually have limited risk bearingability. This results in an upper limit for their portfolio volatility that must not be exceeded.Ensuring compliance with this risk limit at any point in time is essentially complicated bytwo factors: First,...

IT fashions are IT innovations within a hyped phase. They are on the rise and claimed to be “the next big thing”. Investing in IT fashions bears potential for high returns in case the technology becomes institutionalized and first mover advantages can be realized. Contrary, it bears the risk...

Many Online Social Networks do not generate sustainable revenues through advertising, even though active usage hasreached enormous scales. To enable more effective advertising strategies in Online Social Networks, it is essential to identifyusers who can affect a large number of friends,...

As poor data quality usually leads to high costs, managing data quality is essential for organizations. Thereby, comparing thecurrent with the required data quality level is necessary for an effective and economics-driven data quality management.Otherwise decision makers might decide in favor of...

In dynamic business contexts where knowledge is continually evolving and thus critical for betterorganizational performance, not only knowledge re-use but also knowledge re-creation becomes moreand more important. One of these contexts is the use of non-renewable resources in innovative...

Since the Software Engineering Institute has launched the Capability Maturity Model almost twentyyears ago, hundreds of maturity models have been proposed by researchers and practitioners acrossmultiple application domains. With process orientation being a central paradigm of...