Reference no: EM132805207
You are starting a new company and want to ensure success. The goal and plan is to understand where there is a need in the market to create a new product or service. Keeping this in mind...
Overview of the flow and activities
Teams need to work efficiently. To do this you need to pick a team lead/manager and Others will have team responsibilities such as Business Analyst, Research Analyst, data/designer, developer-analysts.
As a team you all pick the correct titles and responsibilities of each member.
You are starting a new company and want to ensure organizational success through operational efficiency and strategic vision. The plan for this project is to understand where there is a need in the market to create a new product/ service, understand the components that need to be addressed or factored when managing operational efficiencies (to include resource management), and present the work as though asking for approval to proceed with the project.
Discuss the major components required in the operational efficiency plan:
Business Plan (Parts)
- Funding: how will you obtain funds for the project? (are you asking for funds or obtaining from another source?)
- Initial Funding: how much is required to start? Over the next 90 and 180 days?
- Lead Time: What is the timeframe to launch (from R&D to implementation)?
- Resource requirements
Hardware
Software
Other support IT to get the systems up and running (networking, database, etc....)
People (Personnel, SME, Support)
Equipment (workstations....)
Office Space (Hot/Cold site, rent/lease, buy...)
Etc.... (other overhead items)
Key concepts (indicate to ensure the organization is running efficiently)
- Organizational Learning Concepts and Theories
- Integration of IT Resources
- Virtual Teams? Local Teams? Why (might one mode work better than the other)?
- Ethical and Legal Implications (standards to be aware of and variety of training)
- Cyber Security and Privacy of Information
What do you have to account for? (managing data or credit card information?)
- Best Practices that you are going to implement in your organization and why?