What is the current industry state? Provide specific details on market size, growth rates, industry drivers , and industry trends. An infographic is required for this portion.
Industry Gaps in Practice
Industry Context. Include research you conducted on the industry presented in your chosen scenario. What is the current industry state? Provide specific details on market size, growth rates, industry drivers , and industry trends. An infographic is required for this portion.
Part 3: Industry Gaps in Practice Analysis. As you construct Part 2, identify industry challenges and gaps in practice. Some gaps in practice have already been provided in the scenarios to provide a starting point. For Part 3, address three gaps in industry practices, prepare an infographic, and include the table provided in the Executive Brief Template, Current State of Practice. From the scenario and your independent research, what is the current state of practice? How does it work today? Identify the library databases you used to support your independent research. Why are these databases appropriate?
Desired State of Practice. Based upon your independent research, what is the targeted or desired state of practice?
Industry Gap in Practice. Specifically define the gap in practice with supporting evidence. What do industry participants need to address? What is causing the gap? What is the disruption?
Strategic Decision to Be Made. Using the categories of strategic decisions, identify and describe the types of decisions that must be made by industry leaders to address the gap, then select one strategic decision based upon two or more alternatives under consideration.
From a practitioner perspective, how do you see the utility, value, and application of strategic decisions relating to gaps in practices? What did you learn from this assignment?