CS625-1-8 by yasir
CS625-1-8 by yasir
CS 625
❑ Professionalism
❑ Traits of a Professional
❑ A profession isn’t just what you do, it’s who you are.
2. Society-centric motivation
❑ Being a professional means that they are certain traits which are
expected from you.
❑ Clear
❑ Concise
❑ Confident
❑ Make a suggestion
❑ Analyze the situation and willing to take new paths and try new
solutions
Scenario #1
❑ You are the owner of a software engineering company. Your
employees (engineers) want you to pay for them to attend
training.
CS 625
❑ Introduction
❑ Companies
❑ Types of Organizations
❑ Management of an organization
▪ Sued
❑Incorporation
▪ Making into a body (Corpus)
incorporation.
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Incorporated Organisations
❑ Incorporated
1. Sole Trader
2. Partnership
3. Limited Company
Private or Public
❑ Individual
❑ Normally professionals
▪ Doctors
▪ Lawyers
▪ Accountants
▪ Too risky
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❑Independent Existence
❑Divided
▪ Shareholders
1. Share Capital
2. Company Constitution
3. Directors responsibilities
❑ At start of Company
a. Memorandum of Association
b. Articles of Association
c. Shareholders Agreement
❑Country of Registration
▪ England & Wales, Wales, Scotland
❑Objects of Company
▪ Companies Act 1989 allow general commercial company
❑A Liability Clause
▪ Liability of members is limited
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b. Articles of Association
❑ Rules of Share capital
❑ Transfer of Shares
❑ Meetings of Members
❑ Power of Directors
❑ Article of Association
▪ Honest
▪ Declare Interests
❑ Company Secretary
▪ Could be Director
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3.Sales and Marketing: Sales is concerned directly with selling the product,
while marketing is concerned with establishing the environment in which the
product is sold (e.g. through advertising) and with deciding how the range of
products sold by the company should develop.
4. Finance and Administration: To pay bills, to look after its funds, All
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Geographical organization:
An organization operates in more than one country.
The most obvious examples are in the field of food and drink.
❑ The tools of their trade are bar charts, activity networks, critical
path analysis, and so on.
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❑ Corporate Manager:
CS 625
❑ Structure of Company
❑ Management of Staff
❑ Conclusions
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❑ Syniad Software Ltd was founded some ten years ago by four
friends.
❑ All four are members of the Board of Directors, along with two
others who were recruited later.
❑ And resources are available to carry out the projects that the
company wins;
❑ Quality management;
Staff Appraisals:
❑ Staff knew what was expected of them and what they needed to
achieve in order to gain promotion;
❑ Proper plans for training and career development were made and
regularly reviewed;
❑ Two reports are used for assessing and monitoring the sales
position.
1. The confirmed sales report shows, for each grade, the number
of staff in that grade who are committed to contracts in each of
the following twelve months and the total expected revenue
from that grade in each month.
2. The sales prospects report shows, for each sales prospect, the
potential value of the sale, its likelihood and the likely start
date.
❑ Expansion Plans
❑ Company Image
❑ Finance (under-capitalization)
CS 625
▪ Need of Capital
▪ Sources of Funds
▪ Salaries
❑ It typically contains:
▪ Grants
▪ Loans
▪ Sale of Equity
❑ The company is liable to pay back the loan and, if the company
goes into liquidation, the lender is entitled to recover the loan
from the sale of the assets of the company.
CS 625
❑ Health and safety at work usually only hits the headlines when
there is a major disaster
❑ In many high risk areas, the safety systems themselves are often
computer controlled
❑ 2. Specific requirements
CS 625
❑ Confidential Information
❑ Patents
❑ Copyright
❑ Plagiarism
▪ Confidential information
▪ Patents
▪ trade marks
▪ Designs
❑ The better the patent and the more commercially desirable the
breakthrough, the more likely it is to be challenged. For example, if
competitors can produce a similar product or process, which is not
covered by the patent, they will be free to market it and to erode the
commercial advantage of the patentee. If they can prove that the
subject matter of the patent has been used or disclosed before, they
can invalidate the patent
▪ Fair dealing
▪ Error correction
▪ Databases
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CS 625
❑ Introduction
▪ Methods of payments
❑ ……
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❑ What is to be delivered?
❑ Ownership of rights
❑ Payment terms
❑ Penalty clauses
❑ Progress meetings
❑ Project Managers
❑ Acceptance procedure
▪ fixed price
▪ contract hire
▪ consultancy
❑ Payment is on the basis of a fixed rate for each man day worked