DECISION PROCESS OF IT Sample Clauses

DECISION PROCESS OF IT. In almost all cases (nine out of ten) a new IT project is led by the management. They come up with new ideas, work out a project in detail and then submit it to the board of directors. The IT department, the CIO or another person who has the operational responsibility of IT proposes the project by means of a detailed presentation. Afterwards, the board of directors asks critical questions or gives tips and advice. During the project, the management reports several times to the board of directors. In these reports, the management explains in great detail about where they stand in the process, what the possible issues are and what still needs to be done. They will also submit the budget to the board. The board focuses primarily on the financial aspect because it concerns large investments for the company. The technical details are less important. “The IT department will prepare a new project and the board of directors will decide in the end. But the expertise of the IT department weighs for 80% when making such a decision.” (Director of company I, personal communication, May 4, 2018) In company B, all IT projects support entirely on the management. IT aspects are not important enough to be discussed in the board of directors. The board deals with the company’s strategy. Acquisitions and financing needs are examples of that, but not IT. The board of directors will only approve or disapprove the proposed budget. Also, with a new legislation for example, the board of directors discusses how this should be resolved. They set out some guidelines for the management but after that, full responsibility goes to the CIO and the CEO to solve the issue. This method of implementing IT requirements is also used in companies A, C, G and J. In company A, for example, the assignment was given to the management to search for a suitable ERP system. Overall, the boards of directors of companies F, G and J are more involved in the decision process considering IT than the other companies. Company G is also going to lead the management in the right direction. The board of directors will conduct a market study and if they notice that the company is lagging behind competitors, they will inform the management and say that it is time to search for a new IT system. Or vice versa, if it is too early to innovate because the players on the market are not yet reliable enough, then the board of directors will prevent the management from working with these players. In addition, in company F ...
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Related to DECISION PROCESS OF IT

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  • Application Process The employees wishing to enter into a job share arrangement will apply in writing to the Employer and forward a copy to the Union outlining the proposed commencement date of the job share, how the hours and days of work will be shared and how communication and continuity of work will be maintained. The Employer shall communicate a decision on a job share request in writing to the applicants. Applications to Job Sharing shall not be unreasonably denied.

  • Submission Procedure a. If an appeal from suspension or reduction is not settled at Step 2, it may be presented to the Chief of Employee Relations within seven (7) calendar days from the date the decision was rendered.

  • Consultation Process (a) At the time of providing written notice of reduction to affected Employee(s), the Employer shall:

  • Evaluation Process A. The immediate supervisor will meet with an employee at the start of the employee’s probationary, trial services, transition, and annual review period to discuss performance expectations. The employee will receive copies of their performance expectations as well as notification of any modifications made during the review period. Employee work performance will be evaluated during probationary, trial service and transition review periods and at least annually thereafter. Notification will be given to a probationary or trial service employee whose work performance is determined to be unsatisfactory.

  • Arbitration Process Any arbitration will be conducted pursuant to the applicable rules (the “Arbitration Rules”) of the American Arbitration Association, as modified herein, to the extent such modifications are not prohibited by the Arbitration Rules. The arbitration will be conducted in Indianapolis, Indiana. The parties will select a single arbitrator, but in the event that the parties are unable to agree, the arbitrator will be appointed pursuant to the Arbitration Rules. The arbitrator will be a practicing attorney with significant expertise in litigating and/or presiding over cases involving the substantive legal areas involved in the dispute. The parties to the arbitration will not request, and the arbitrator will not order, that any discovery be taken or provided, including depositions, interrogatories or document requests, except to the extent the amount in controversy exceeds $50,000. The arbitration will be concluded within three months of the date the arbitrator is appointed. The arbitrator’s findings, reasoning, decision, and award will be stated in writing and based upon applicable law. Judgment on the arbitration award may be entered in any court having jurisdiction. In the event that the arbitration results in an award which imposes an injunction or contains a monetary award in excess of $100,000, the award will be reviewable on appeal initiated by filing notice of appeal with the AAA office within 30 days of the award, governed by the AAA Optional Appellate Arbitration Rules and conducted by a panel of three new arbitrators, ruling by majority, under the procedure for appointment from the national roster of arbitrators. Unless the applicable Arbitration Rules require otherwise, arbitration fees and costs will be shared equally by the claimant(s) and respondent(s), respectively, in any arbitration proceeding. Should the AAA be unavailable, unable or unwilling to accept and administer the arbitration of any claim under these arbitration provisions as written, the parties will agree on a substitute arbitration organization, such as JAMS, that will enforce the arbitration provisions as written. Because this Agreement memorializes a transaction in interstate commerce, the Federal Arbitration Act governs the interpretation and enforcement of these arbitration provisions. More information about arbitration, including the Arbitration Rules, is available at xxx.xxx.xxx or by calling 0-000-000-0000.

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  • Selection Process The Mortgage Loans were selected from among the outstanding one- to four-family mortgage loans in the Seller's portfolio at the related Closing Date as to which the representations and warranties set forth in Subsection 9.02 could be made and such selection was not made in a manner so as to affect adversely the interests of the Purchaser;

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