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A model of biomimetic process assets to simulate their impact on strategic goals

Author

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  • Maria-Isabel Sanchez-Segura

    (Carlos III University of Madrid)

  • German-Lenin Dugarte-Peña

    (Carlos III University of Madrid)

  • Fuensanta Medina-Dominguez

    (Carlos III University of Madrid)

  • Alejandro Ruiz-Robles

    (University of Piura)

Abstract

Process assets (PAs) are acknowledged as contributing to the business value of organizations. Even so, they are still classed and employed as passive elements ready for use for special purposes. This paper considers how the evolution of active PAs over time can best influence the achievement of specific strategic objectives for decision making by CEOs regarding which PAs should be empowered and which do not require investment, etc. This proposal is formulated by rethinking PAs as dynamic elements armed with biomimetic intelligence. This means conceiving of PAs as live elements that interact and make use of swarm intelligence in order to provide a permanent overview of individual PA evolution and its impact on strategic goals. The NetLogo modelling and simulation tool was used to build the proposed model. The input for the simulation model was taken from a real experience of PAs previously identified and assessed in an information technology company.

Suggested Citation

  • Maria-Isabel Sanchez-Segura & German-Lenin Dugarte-Peña & Fuensanta Medina-Dominguez & Alejandro Ruiz-Robles, 2017. "A model of biomimetic process assets to simulate their impact on strategic goals," Information Systems Frontiers, Springer, vol. 19(5), pages 1067-1084, October.
  • Handle: RePEc:spr:infosf:v:19:y:2017:i:5:d:10.1007_s10796-016-9702-6
    DOI: 10.1007/s10796-016-9702-6
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    References listed on IDEAS

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    1. Bruce Kogut & Udo Zander, 1992. "Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology," Organization Science, INFORMS, vol. 3(3), pages 383-397, August.
    2. Oliveira, Lídia & Rodrigues, Lúcia Lima & Craig, Russell, 2010. "Intangible assets and value relevance: Evidence from the Portuguese stock exchange," The British Accounting Review, Elsevier, vol. 42(4), pages 241-252.
    3. Aboody, D & Lev, B, 1998. "The value relevance of intangibles: The case of software capitalization," Journal of Accounting Research, Wiley Blackwell, vol. 36, pages 161-191.
    4. Maria-Isabel Sánchez-Segura & Alejandro Ruiz-Robles & Fuensanta Medina-Dominguez, 2016. "Uncovering hidden process assets: A case study," Information Systems Frontiers, Springer, vol. 18(6), pages 1041-1049, December.
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    Cited by:

    1. Vijayan Sugumaran & T. V. Geetha & D. Manjula & Hema Gopal, 2017. "Guest Editorial: Computational Intelligence and Applications," Information Systems Frontiers, Springer, vol. 19(5), pages 969-974, October.

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