Towards Developing a Model-Based Decision Support Method for Enterprise Restructuring
In modern world enterprises need to be agile in their operation and structure to react to changes quickly. One of the open questions here is how to develop the enterprise, or, to be more precise, if enterprise needs to be developed, and if yes, in which way. In this research we are focusing on the case when enterprise stakeholders understand the need of enterprise development, have ideas for that, and they need decision support method to understand if enterprise restructuring is likely to be successful and cost effective. Another covered topic is how to choose the best option for restructuring from variety provided. In this paper we describe the developed decision support method which combines DEMO methodology and transaction costs theory for quantitative costs estimation. To make this method applicable and reproducible we proposed few enhancements to DEMO notation.
KeywordsDEMO methodology transaction cost theory decision support enterprise restructuring
Unable to display preview. Download preview PDF.
- 1.Dietz, J.L.G.: Enterprise Ontology: Theory and Methodology. Springer, Heidelberg (2006) ISBN-10 3-540-29169-5Google Scholar
- 5.Op ’t Land, M., Proper, E., Waage, M., Cloo, J., Steghuis, C.: Enterprise Architecture, ch. 2. Springer (2009)Google Scholar
- 6.Commons, J.R.: Institutional Economics. American Economic Review 21, 648–657 (1931)Google Scholar
- 7.Cheung, S.N.S.: Economic organization and transaction costs. In: The New Palgrave: A Dictionary of Economics, vol. 2, pp. 55–58 (1987)Google Scholar
- 9.Proper, H.A., Op ’t Land, M.: Lines in the water: The line of reasoning in an enterprise engineering case study from the public sector. In: Harmsen, F., Proper, E., Schalkwijk, F., Barjis, J., Overbeek, S. (eds.) PRET 2010. LNBIP, vol. 69, pp. 193–216. Springer, Heidelberg (2010)CrossRefGoogle Scholar