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System Integration and Standard Harmonization. Drivers for Progress and Efficiency in the Private Sector

Title: System Integration and Standard Harmonization. Drivers for Progress and Efficiency in the Private Sector

Term Paper , 2023 , 9 Pages

Autor:in: Rhoda Kariuki (Author)

Business economics - Business Management, Corporate Governance
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Summary Excerpt Details

The essay discusses how the collaboration and harmonization of systems and standards between these entities have led to improved governance, globalization activities, employment opportunities, operational efficiency, cost-sharing, and client satisfaction in the private sector.

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • Major milestones of HIPSO Development
  • Improving the governance in Operations
  • Globalization of services
  • Generation of Job Opportunities
  • Reduction of Operation Costs
  • Client Satisfaction
  • Joint measurement for various activities and partnership...
  • International Corporation
  • Cost-Sharing..
  • Reducing the Administrative burden of shared clients

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This document examines the collaboration between Harmonized Indicators Private Sector Operations (HIPSO) and the Islamic Development Corporation for the Private sector (ICD). The partnership aims to improve the governance of private sector operations, enhance access to financial services, and promote job creation by standardizing reporting criteria, facilitating globalization of services, and promoting growth of small and medium enterprises (SMEs).

  • Standardization of reporting criteria and operations
  • Globalization of financial services
  • Generation of job opportunities
  • Improved governance and transparency in private sector operations
  • Cost-sharing and reduction of administrative burden for shared clients

Zusammenfassung der Kapitel (Chapter Summaries)

The document details the various benefits of the collaboration between HIPSO and ICD. It highlights the standardization of reporting criteria, which reduces administrative burden and enhances data comparability for shared clients. This partnership aims to improve governance in operations by streamlining access to financial services and offering more flexible terms for SMEs. The globalization of services is another key focus, with the digitalization of services and enhanced access to financial resources worldwide for shared clients. The document also emphasizes the potential for job creation through business growth and increased investment in SMEs.

Schlüsselwörter (Keywords)

The main focus of this document is on the collaboration between HIPSO and ICD. The key themes include: standardization of reporting criteria, globalization of financial services, job creation, improved governance, cost-sharing, and client satisfaction. The document highlights the role of SMEs in economic development and emphasizes the potential for increased investment and business growth through this partnership.

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Details

Title
System Integration and Standard Harmonization. Drivers for Progress and Efficiency in the Private Sector
Author
Rhoda Kariuki (Author)
Publication Year
2023
Pages
9
Catalog Number
V1359997
ISBN (PDF)
9783346880505
Language
English
Tags
system integration standard harmonization drivers progress efficiency private sector
Product Safety
GRIN Publishing GmbH
Quote paper
Rhoda Kariuki (Author), 2023, System Integration and Standard Harmonization. Drivers for Progress and Efficiency in the Private Sector, Munich, GRIN Verlag, https://www.grin.com/document/1359997
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