Financial Market and Abu Dhabi Securities †MyAssignmenthelp.com

Question: Discuss about the Financial Market and Abu Dhabi Securities. Answer: Introduction: The business model that Abu Dhabi stock exchange should adopt is unification. A stock exchange is an institution where stocks are bought and sold (Kennon, 2017). The value of the stock varies and changes depending on time and season. Trading is done on specific hours on certain business days. When a business issues shares to raise capital that is an exchange (Wells, 2014). When the shareowner decides to sell the shares, it is easier to find a buyer through a stock exchange. The ideal business operation model for Abu Dhabi foreign exchange would be unification. This is because this model is suitable for companies with high standardization and high integration of business processes (Meier, 2013). Business process standardization refers to the level to which your business processes (and supporting systems) are defined and executed regardless of who is executing the process and the location in which it is performed (Flemings, n.d). High level of standardization is important since it enables an enterprise to give measure to processes and compare it with other similar processes executed in different locations. In a unification operation model, different organization units have high levels of linked shared data and processes. This is referred to as high integration. Operations are done using digital objects. Using the information gathered using these digital objects and digital means, decisions are made by an executive or management team that have high leadership capabilities (Paltinieri, n.d). Services offered by Abu Dhabi stock exchange are shared among different business units and customers. These business units have shared customers and suppliers. The customer and product data are stored digitally. This information is made available in all departmental and business units. Infrastructure technology and application systems The technological infrastructure and application systems of Abu Dhabi stock exchange are very advanced. The company is always up to date with new innovation and trend. It has a research team that is always researching and on the lookout for new innovations to integrate with its business processes. Component High Medium Low Customer data Product data Infrastructure technology Application systems System component technology Shared service Portal technology Middleware technology Operational process Decision-making process Business process integration Business process standardization Abu Dhabi foreign exchange business operating model sketch Workflow manager Abu Dhabi stock exchange can be referred to as digital masters. This is because it has almost 57 percent IT executives and 39 percent of business executives. This means that it has a high digital capability and leadership capability. This is the highest level of digital maturity. Such enterprises are sometimes referred to as the pacesetters. These enterprises are characterized by very high digital capabilities and leadership capabilities. Other characteristics include: Strong overarching digital vision This is embracing and having a digital vision. Today, the world has changed and most organizations are including technology in all of their process. Abu Dhabi stock exchange has adopted this too as it has greatly increased its digital capabilities over the years. It has employed many information technology employees. Abu Dhabi foreign exchange has a vision and plan to go digital and paperless in a few years to come (Wells, 2014). Due to good leadership capabilities, Abu Dhabi foreign exchange is optimistic that it will achieve this goal. Abu Dhabi stock exchange executives have integrated the digital transformation power in their vision, plan, and strategies. Abu Dhabi stock exchange is one of the organizations enjoying good governance. The managers do their job right and employees are in an environment where they can work comfortably without any infringements of their rights. The executives of Abu Dhabi stock exchange have formulated strategies that will help them in transformative digital technologies. They also pay a lot of attention to improving digital technologies. These executives who aim for incremental improvement get that through incremental vision. Abu Dhabi stock exchange has had very many digital initiatives that have led to better business. They recently opened a new global headquarters. These new premises have amazing digital capabilities. It has digital screens, faster connectivity, single data center which is important for business functionality (Cfi.co, 2016). Managers have developed a working knowledge of digital trends hence lead their organizations well and in the right way. This helps them to respond naturally and positively to the change in technological environment. Abu Dhabi stock exchange has a high digital value due to its high embracement of digitization. For this reason, the companys digital capabilities are very high. Its leadership capabilities is also at its best because leaders can make good decisions after analyzing the data that is collected and stored using very powerful digital objects. Playbook components for digital masters A playbook consists of a set of rules that are viewed to be ideal for one to qualify for a particular position, activity or industry. Abu Dhabi stock exchange must always have a digital vision and a well-planned and crafted digital strategy A strategy is very important for every organization. A digital master always has a set of plans on how to reach its digital vision. A digital master consists of executives that have a common dream (John). Abu Dhabi stock exchange must always be courageous to remain on the vanguard of digital transformation with quantum lead (Jeanne). Digital masters are enterprises that are not scared or afraid of trying new technology and innovations. Abu Dhabi stock exchange must always pay more attention to research so as to develop better and more advanced digital capabilities into their foundation business. So as to always achieve results, there should always be a strong digital governance discipline. The executives should always be disciplined digitally. They should use the digital objects and resources for the betterment of Abu Dhabi stock exchange. Great technological and business minds should always be Abu Dhabi stock exchanges shield so as to remain as a digital master. It should focus on hiring only the highly skilled employees. Employees should be trained as often as possible too. Good leadership should always be mindful of each moment (ALKhateeb, 2016). The managers should be digital explorers, always be on the lookout for new technological innovations. Their minds should always have a clear purpose. They should pay attention to extreme details. They should be trained as often as possible to enable their mindsets to be engaged. Training helps improve a persons skills and know-how. Positive thinking. The management and their employee should always be positive thinkers. They should always assume that something good is going to happen. No one knows the future, but having positive energy helps one do a better job. A company cannot have a strong digital vision if the management is always pessimistic. It helps to hope that things will always be okay. Set optimistic strategies. Yes, digital masters never ignore any risks but they dont hope that the risks shall come to pass. Optimism will enable Abu Dhabi stock exchange to concentrate on success. Abu Dhabi should always filter noise from signals and have a learning mindset (Salim, 2000). Filtering noise from signal means from every information the management receives, it should be able to tell what useful information is and what is not. The management should consist of individuals who are more than willing to learn. There is always new information given every day and no one should think he/she knows it all. A learning mindset is very important. The management should have a helping mindset. It should build collaborative internal teams with and organization. Employees should help each other and the employer should also help others whenever there is a need and accept help whenever he/she needs it. Success in digital transformation will mainly depend on people in an organization help each other. The management should get to know what motivates the employees and what they should do to ensure maximum productivity. The management should help other be a better version of them even through training to bring out the best in teams. Work Cited ALKhateeb, Saleh ADX Listed Companies Achieves 100% in Disclosure ComplianceAbu Dhabi Security exchange. Abu Dhabi security exchange.4th March.2016. Web.30th March.2018. https://www.adx.ae/English/News/Pages/20170403081328070.aspx. Cfi.co Abu Dhabi Securities Exchange (ADX): At the Heart of Vision 2030. Cfi.co. Capital Finance International.26th June 2016. Web. 30th March 2018. https://cfi.co/finance/2016/04/abu-dhabi-securities-exchange-adx-heart-vision-2030/. Flemings, Sharon.Whats your operating model (and why you should think about it)? Insightful solutions. Insightful Solutions, n.d. Web. 30th March.2018. https://www.insightfulsolutionsinc.com/Articles/Whats_Your_Operating_Model.htm. Jeanne W. R. Enterprise Architecture as Strategy. Boston, MA. Harvard Business School Press, 20th Aril.2006. Harvard Business School Press. Web. 30th March. 2018. John, R.A. 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