Abstract
This chapter proposes a cross-business domain holistic mathematical model (HMM) that is the result of a lifetime of research on business transformations, applied mathematics, software modelling, business engineering, financial analysis, and global enterprise architecture. This research is based on an authentic and proprietary mixed research method that is supported by an underlining mainly qualitative holistic reasoning model module. The proposed HMM formalism attempts to mimic some functions of the human brain, which uses empirical processes that are mainly based on the beam-search, like heuristic decision-making process. The HMM can be used to implement a decision-making system or an expert system that can integrate the enterprise's business, information, and communication technology environments.
TopBackground
The HMMI can be used to implement a decision making system or an expert system that can integrate in the enterprise’s business, information and communication technology environments. The HMMI uses a behaviour driven development environment or a natural language environment that can be easily adopted by the project’s development teams (Myers, Pane, & Ko, 2004; Kim & Kim, 1999; Della Croce & T'kindt, 2002). The HMMI offers a high level implementation environment that can be used by any team member without any prior computer sciences qualification. The HMMI can be used also to model Enterprise Architecture (EA) blueprints, business transformation projects or knowledge management systems; it is supported by many real-life cases of various business domains. The uniqueness of this research is that the HMMI promotes a holistic unbundling process, the alignment of various EA standards and transformation strategies to support business transformation projects (Farhoomand, 2004). The proposes HMMI has been applied to verify various cases in different fields; and the results were than satisfying. Like for example, it was applied in this case is to financial services engineering and evaluation, to support the detection of financial irregularities and crimes. Gigantic financial crimes like the ones, related to fraud and money laundering that damage many countries, and this case it is related to the Swiss, Union des Banques Suisse (UBS) (Stupples, Sazonov, & Woolley, 2019), in which 32 trillion US dollars are hidden. Where the author estimated the hidden amount to 40 trillion US dollars…
Key Terms in this Chapter
Project: Business transformation project.
Manager: Business transformation manager.
HMMI: Holistic mathematical model.