Cto of a successful software development company

Assignment Help HR Management
Reference no: EM13136703

Case Study 

You are the CTO of a successful software development company that operates internationally. The organisation is human resource intensive and one of the challenges encountered was to provide an upto-date time sheet record for salary calculation purposes. In order to improve the HR system, you recently attended a seminar on technological innovation that can assist automated clocking of employee attendance, and you were very impressed with the concepts presented in the seminar. It occurred to you that this would offer potential solution to some of the challenges encountered by your organisation and would be well received by the management. 

As a result of attending this seminar, and subsequent consultation with your senior managers, it was decided that wearable computing based identification cards would be worth an investigation. As an initial step, you wanted to present this concept and associated vision of how wearable technology would benefit the organisation, specifically in resolving time sheet issues for payroll system input. 

You are required to research the background for a project to implement and manage wearable computing, use Microsoft Excel to model a business plan, perform sensitivity analysis to validate assumptions, and create a presentation to seek funding and authorisation from senior management to implement and manage wearable computing based identification tags in your organisation. 


Activity A: Journal (maximum 500 words) 
Prepare a journal which records your activities and progress related to completing this assignment. In date order, clearly list the following: 
? Date of research activity/discussion 
? Topic researched or discussed 
? Time duration 
? Brief description of research activity/discussion. 

Submit this journal (Activity A) as appendix A to the actual report (Activity B) to CEO. Your journal must provide all these activity details to be awarded marks. 

Activity B: Presentation to Senior Management (maximum 2000 words) 

Before you commence this assignment ensure you have completed Hands-on MIS Project # 1 to 5 in Appendix S.1 in the Study Book. These exercises are designed to familiarise you with the software, techniques and methods used in the assignment. 

Part 1: Research the background for the wearable identification tags project 
Conduct an Internet search to gather relevant background information on the above. In particular, you should address the following: 
1. How wearable computing is utilised and its associated risks 
2. Advantages and disadvantages 
3. The infrastructure required, and 
4. Best-practice for how wearable tags should be managed. 

Submit this part of Activity B (Part 1) as initial section of your report to CEO (the actual report for assignment A) to be able to understand the concept of wearable computing and identification tags concepts. 

Remember: some of the readers of the report to the CEO are from non-technical background and do not understand technical jargons and technology behind the wearable computing and identification tags. You are advised to adopt a balanced approach in your writing style in this business report to CEO ( any highly technical information can go into the appendix B of the report). 


Part 2: Develop the Excel model of the business case 
Once you have completed Part 1, develop a spread-sheet model of your business costs over a 4 year period. Some of the materials provided in the MIS Projects may help you to come up with a simple modelling. For the purpose of modelling, assume a discount rate of 10 per cent. Your business model should include the following analysis to ascertain the financial viability of the project: 
1. Payback period 
2. Net present value (NPV) 
3. Internal rate of return (IRR), and 
4. Profitability index 

HINTS: To obtain the payback period you would first need to calculate the cumulative net cash flow. Use the NPV and IRR functions provided in Microsoft Excel. You may need to search the Internet for information if you are not familiar with how to use these functions. 
Interpret your results. Use the note in MIS Project #4 - Capital Budgeting Methods for Information System Investments to guide you. 

Remember: some of the readers of the report to the CEO are from non-financial background and do not understand, Payback period, NPV, IRR, and Profitability index. You are advised to provide descriptions, analysis, and implications of these technical aspects in your actual report to CEO. 

Part 3: Perform a sensitivity analysis for the business case 
Using the results you obtained in Part 2 as the base case, conduct a sensitivity analysis to examine the impact of the critical cost and benefit variables on the viability of the wearable tags project. Provide three specific scenarios of consideration. You must clearly specify the basis of the three scenarios i.e. 
which critical cost variables they are examining in the sensitivity analysis 

Carefully analyse your results and make appropriate recommendations to the company's senior management as to how the critical cost variables should be managed to ensure that the wearable tags project is both viable and sustainable in the long term. 

NOTE: If you are unfamiliar with the business case and sensitivity analysis concepts you should make an effort to read appropriate material, including those from the Internet, to learn about them. 


Remember: some of the readers of the report to the CEO are from non-financial background and do not understand sensitivity. You are advised to provide descriptions, analysis, and implications of these technical aspects in your actual report to CEO. 


Part 4: Create a report to senior management 
4.1 Consolidate and cross-analyse your results and findings with justifications and implications from Part 1, 2 and 3. Then prepare an executive business report to the company's senior management to seek their financial support and authorisation to embark on the project. 

General guidelines for Activity B 
• Your submission must be submitted to the CEO as a report in a single document, not an essay. Please note that reports do have subheadings and an appropriate letter of transmittal is required. 
• The word count does not include the following: executive summary, letter of transmittal, table of contents, figures, tables, references or appendices. 
• The body of the report should be about 2000 words in length and you may lose marks if it varies by more than 10%. 
• You must demonstrate additional research from outside the text. Suggestions for other references include other general texts on information systems management, industry journals, periodicals, electronic databases etc. (many of which are available online from the USQ Library at: https://www.usq.edu.au/library/ 
• Use the Harvard referencing format for in-text references and the reference list. Your references should include at least one web/electronic link but all the references should not be from the web (ie URLs). Refer to chapter 2 (referencing) of the Communication Skills Handbook 3ed. for further details. 
• Inappropriate referencing or excessive grammar/spelling errors will incur a penalty. You should refrain from cutting and pasting chunks of materials from the Internet as this will be treated as plagiarism. To avoid any allegation of academic misconduct from unintentional plagiarism from Internet sources it is compulsory that you use the TURNITIN software to check your work before submitting it. Remember TURNITIN may take more than 24 hours to produce the report. There are few other free applications available on the net to check plagiarism and you are allowed to use them as well. 
• You must state your assumptions clearly, validate the stated assumptions through proper literature search, provide a compelling case for cost and budget figures. You may use any format for the report, and the Internet provides many examples of Executive Type report, and you are encouraged to search for samples that suit your needs. (each report supposed to have title page, letter of transmission, table of contents, executive summary, conclusion & recommendations, references and appendixes)

Reference no: EM13136703

Questions Cloud

Difference between race and ethnicity : what is the difference between race and ethnicity? Do they ever overlap? How and why?
Prepare paper in developing required competencies : Please prepare and submit a paper 4 to 5 pages in length 1. In developing required competencies, leaders can select a "make" or " buy" approach. Do you agree that these two approaches -- "make" and 'buy" in regards to developing required competencies..
Innovation and change : Compare and contrast innovation and change. Identify something that has changed on your university campus this semester and explain if it is an example of innovation or change.
Research paper topic pollution prevention : Research Paper Topic Pollution prevention has various meanings and is frequently used. Toxics use/reduction and source reduction are the narrowest terms, being restricted to raw material or production process changes.
Cto of a successful software development company : Before you commence this assignment ensure you have completed Hands-on MIS Project # 1 to 5 in Appendix S.1 in the Study Book. These exercises are designed to familiarise you with the software, techniques and methods used in the assignment.
Describe the components of the hydrological cycle : Describe the components of the hydrological cycle that was impacted by the BP oil spill?
Women''s roles then & now. script. : Write a three to four (3-4) page paper (750-1,000 words)  Women's Roles Then & Now. Script.
Individual investors : On 17th September 2008, many individual investors of a structured product called "DBS High Notes 5" received a late night phone call from their banker, DBS Bank, warning them that their investments in this product could be potentially wiped out due t..
Explain to louisa the concept : When you discussed with Louisa the possible options, she shares that while she feels $7,000/ month for Max was too high, she is not sure how to argue this. Explain to Louisa the concept of and identify at least 3 criteria that can be used by Louisa t..

Reviews

Write a Review

HR Management Questions & Answers

  Selection system for the hr department

Selection System for the HR Department - A job knowledge test specifically designed for HR professionals that focuses on an applicant's general knowledge of HR management

  Find main issues with outsourcing in managerial accounting

Show outsourcing; identify the main issues with outsourcing in Managerial Accounting point of view

  Leader anticipation of human behavioral response

Human behavior is a complex phenomenon, and understanding it well is probably beyond the grasp of most of us who are not practicing psychologists; understanding how and why people choose particular behaviors is especially difficult.

  Influence on the human resource management function

Internal and external factors exert a strong influence on the Human Resource Management function

  Explain qwl addressing new collaboration solutions

Explain Why are unions exploring new collaboration solutions in the face of work adversity, and how did Saturn's ambitious Quality of Work Life program address these factors

  Workplace problem

My boss called me into his office the other day to review a project I had been working on. During our meeting, the company president knocked on the door and asked my boss to step outside to discuss an important matter.

  Explain the role does culture play in a manager''s techniques

Explain What role does culture play in a manager's techniques for motivating employees and America has gone global

  Scheduling company wide resources

Explain how outsourcing project work can help alleviate some of the common problems associated with multiproject resource scheduling

  Describe an organisational values and policies

Describe an organisational values and policies relevant to grievance, discipline and dismissal, identifying and the roles and responsibilities of individuals involved

  Describe how hrm concepts and techniques

Describe how Human Resource management concepts and techniques can be of use to all managers

  Impact of various compensation methods

Analyzes the impact of various compensation methods and benefit programs on employees and organizations and Relate salary and benefit administration strategies to organizational culture and performance.

  Standard form contracts

Standard and bespoke contracts - Compare the relative advantages and disadvantages of standard form contracts and "bespoke" individually negotiated contracts

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd