Identify and analyze new opportunities

Assignment Help Operation Management
Reference no: EM131930384

The CEO of your organization has asked to you to conduct a technology audit to help him understand and manage his information technology tools and processes as a strategic business resource.

"Our existing IT systems have not always met expectations," he explains. "Unfortunately, some of these suboptimal systems could still be in use because we haven't fully explored suitable alternatives."

"Our technology team and tech company vendors have briefed me on several new technologies and their capabilities, but I'm worried they don't fit into an overall strategy for our organization. If we invest in these technologies and don't recoup the costs, it could be a disaster."

"I want you to become familiar with the current mission, objectives, and operations of the organization. Then I want you to perform an inventory of the current IT infrastructure, development, user-support, and system security, and assess how much they support the business strategy. Finally, research some of the latest technologies and how we could potentially use them."

"I'd like you to a prepare and give me three things: a summary of our organization's business objectives and our effectiveness in meeting them, an assessment of our existing technology, and a technology audit with your specific recommendations for changes to our organization's technology infrastructure. You'll have three weeks to complete this task. I'll e-mail you some additional information later today."

You return to your office and begin research into your organization's mission and objectives. A few hours later you receive an e-mail from the CEO.

"I went to a conference last month," the CEO has written, "and heard about some interesting ways to analyze large amounts of data."

"Apparently, big data analytics," he continues,""is one of the fastest growing emerging technologies for business, and it has applications in finance, human resources, supply chain management, and engineering.

Maybe we should be thinking about this? Or maybe there is other new tech we should learn more about? I'll leave it to you to pursue what you think would work for us." As you read his e-mail, you wonder what other emerging technologies you will learn about after a little more research.

You also begin to ponder the word audit: it implies a complete and careful examination. For this technology audit, you know you'll need to examine all of the important factors that impact your organization's current legacy systems and future technical capabilities, including hardware, software, networks, databases, security and people. You have a lot of work to do in the next three weeks!

This project will use templates in Microsoft Excel to walk you through steps to evaluate your information systems strategy, to assess gaps in your current system implementation and security, and to recommend emerging technologies to assist your organization in its business objectives.

· Appendices A1, A2: Business Objectives (to be used with Step 1)

· Appendix B: Organizational Effectiveness (to be used with Step 1)

· Appendix C: Department Effectiveness (to be used with Step 1)

· Appendix D: Technology Inventory (to be used with Step 2)

· Appendix E: Information Technology Assessment (to be used with Step 2)

· Appendix F: Risk Assessment (to be used with Step 3)

· Appendix G: Risk Matrix (to be used with Step 3) (for information only)

· Appendix H: Emerging Technology Assessment (to be used with Step 4)

· Appendix I: Implementation Plan for Emerging Technology (to be used with Step 6)

Each appendix is in a different tab. A link to the Templates_for_Project2_with_Instructions.xlsx file is found in Step 1: "Understand the Business."

When you submit your project, your work will be evaluated using the competencies listed below. You can use the list below to self-check your work before submission.

1.1: Organize document or presentation clearly in a manner that promotes understanding and meets the requirements of the assignment.

2.1: Identify and clearly explain the issue, question, or problem under critical consideration.

2.5: Develop well-reasoned ideas, conclusions or decisions, checking them against relevant criteria and benchmarks.

8.1: Evaluate major business/organizational systems and processes and make recommendations for improvement.

8.2: Analyze an organization's current technology capabilities and needs, identifying specific strengths and areas of weakness.

11.1: Recommend strategic plan for the use of technology to meet the strategic goals of organization.

13.1: Identify and analyze new opportunities.

Reference no: EM131930384

Questions Cloud

What is the employers responsibility to the credit union : What is the employers responsibility to the credit union regarding an employee when the credit union is suing for the employee defaulting on a loan.
Promising idea for web-based application : Hector has a promising idea for a web-based application and he's come to you for advice on how to start a business.
What is an ethical dilemma and an ethical lapse : What approaches will you use to model ethical principles in your oral or written communications? What is the difference between an ethical dilemma
Explain why mattel managers were able to slowly : Explain why Mattel's managers were able to slowly change decision making over time and what kinds of cognitive errors contributed.
Identify and analyze new opportunities : Develop well-reasoned ideas, conclusions or decisions, checking them against relevant criteria and benchmarks.
Discuss the four legal traditions : Compare and contrast the four legal traditions and how they affect actual national legal systems (needs title, 550 words, references [no wikipedia].
Do intellectual property rights make sense : Do intellectual property rights make sense? Why should individuals or businesses be able, at law, to have a mechanism or means to protect their ideas
Multiple regression model of dollar price of unleaded gas : Consider the following results of a multiple regression model of dollar price of unleaded gas (dependent variable) and a set of independent variables:
What is the average age of the individuals in the sample : What percentage of the individuals in the sample did not have private or public insurance? What is the average age of the individuals in the sample?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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