Reference no: EM132920532

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.

Your task is to determine where there is a gap in the market or area for a niche market can note:

The market, the name of the company, why you feel as though there is a niche or area for you to succeed in the market.
Research other companies in the same market and note why they aren't providing the services you are offering and contrast them to the goods or services your company is going to offer.
Discuss the major components required in the operational efficiency plan:

Business Plan

How will you obtain funds for the project? (are you asking for funds or obtaining from another source)

How many funds are required to start?

What is the timeframe to launch?

Resource requirements

Hardware

Software

Other support IT to get the systems up and running (networking, database, etc...)

People

Equipment

Office Space

Etc...

Key concepts to address to ensure the organization is running efficiently

Organizational Learning Concepts and Theories

Integration of IT Resources

Virtual Teams? Local Teams? Why?

Ethical and Legal Implications

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

Attachment:- Towards Designing Advanced Password Cracking Toolkits.rar