Reference no: EM133584509
Assignment: Information Systems
Scenario I: Disruptive Company in Emerging Technologies
Company- BHIM UPI
Mission: To combine multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into a single mobile application.
Vision: Expand the sources of payment systems and achieve greater operational accuracy by using technological innovations in retail payment systems.
Values:
1. Improving new technology innovation for a more seamless payment experience.
2. Prioritize customer's demands and support services and make sure you provide them a fair payment service.
3. Maintaining regulations and being willing to be honest in business.
Objectives and Key Results (OKRs):
Objective: Disrupt and Establish a New Marketplace.
Key Result I: Make smooth connections by creating partnerships with five major banks and payment service providers.
Key Result II: Within the first year of delivering a new service, increase the user by 30%.
Scenario B: Early Adopters - Early Majority- OpenAI
Mission: Becoming a leader to advance digital intelligence in the direction that is most likely to benefit all humans.
Vision: To become world leaders in AI research, establishing standards for the ethical and safe uses of innovative technologies.
Values:
1. Ensured to development an artificial intelligence in a safe, transparent way that aligned with human values.
2. Collaboration and Teamwork and showed the most significant AI achievements.
3. Believes in transparency and accessibility in the development of AI by sharing knowledge and open research.
Objectives and Key Results (OKRs):
Objective: Transform People, Processes, and Tools.
Key Result I: Invest in advanced IT infrastructure to support the maximum number of real-time service requests and implement emerging AI technologies.
Key Result II: Using the most efficient AI research methods would reduce the project timeframes by 20%.
Scenario C: Late Majority
Company Name: Nokia
Mission: We really need to upgrade our company and products by implementing the latest technologies. It is very important to be competitive and up-to-date in today's corporate world.
Vision: Be a strong competitor again in the industry in the next three years. We want to be a leader in implementing new technology by quickly putting it into action.
1. Remains open-minded and committed to developing new ideas with the latest technology.
2. Prioritizing the basic needs and support while incorporating new technologies.
Objectives and Key Results (OKRs):
Objective: Nokia wants to be a leader in the industry again
Key Result I: Using the latest technology, allocate work to people and equipment as well. Funds also should be taken care of while launching a product.
Key Result II: Make a survey and distinguish the steps that can be useful in launching a new product to market.
Key Result III: Keep a record of customer satisfaction and measure it to identify areas for improvement.