Explain why some firms are better at adopting emerging technologies and expand their market while others stagnate and eventually decline.

Business Strategy,Strategy Management

A major question in the field of Business Strategy/Strategic Management is how firms achieve and sustain growth. Select an industry of your choice, and

1. Analyse how technological innovations drive corporate growth strategies;

2. Explain why some firms are better at adopting emerging technologies and expand their market while others stagnate and eventually decline; and

3. Explain how technological innovations are likely to shape the organisation of the sector.

Identify a pair of companies in the same (or similar) industry and compare their operations strategies.

Quality and productivity management

Guidelines for Final Project

The final project is an opportunity to apply course concepts and to perform an in-depth analysis of operations strategy.

The project is an operations strategy “comparison study.”

Identify a pair of companies in the same (or similar) industry and compare their operations strategies. The paper will:

Assess the current strengths and weaknesses of each company.

Evaluate each company’s external environments (opportunities and threats)

Contrast the operations strategies of the two companies, and examine the role that the implementation of lean principles might have played in defining these strategies.

Discuss the long-term competitive strengths of each company and the role that operations play.

The paper should be 14-15 pages in length (double-spaced, 12-point font with one-inch margins on each side). Examples of company pairs might be: HP/Dell, Toyota/Honda, Starbucks/Peet’s Coffee , Fedex/ UPS, Fidelity/Vanguard, General Motors/Ford, etc.

Identify how the evolving loT (sensor) technology fits into the company’s products and services and determine potential risks and benefits.

In Milestone Two, you will subsequently develop a go-to-market strategy. For your project in Module Nine, you will compile your work from Milestones One and Two, and include a proposed organizational structure to best integrate, produce, and market the new technology.

Prompt Create a PowerPoint presentation to make a recommendation for how the company should pursue the loT technology to remain competitive: either by discontinuous or incremental innovation.

To make your recommendation, you will need to identify how the evolving loT (sensor) technology fits into the company’s products and services and determine potential risks and benefits. You will also need to look at your competitors to see what they are doing. Finally, you need to analyze the company’s capability (resources) for pursuing the innovation. Use the information and data from the CTO Brief. Comparative Growth Data Comparative Operating Statistics, and Comparative Product Plans to complete this milestone.

Demonstrate a comprehensive knowledge and systematic understanding of essential concepts and principles by using predictive analytic software.

Data Handling and Business Intelegence

Identify and critically evaluate the current trends in data warehousing, business intelligence and data mining.

Demonstrate a comprehensive knowledge and systematic understanding of essential concepts and principles by using predictive analytic software.

Explain the most common text mining methods that can be used in business with real world examples.

Discuss the advantages and disadvantages of using SPSS and Excel using relevant practical examples.

 

How is the technology currently being used in today’s products and services?

Analyze your company’s capability to pursue the innovation.

Complete a partial gap analysis (2 slides):

Does your company own the technology, or does it need to be purchased?

How is the technology currently being used in today’s products and services?

What type of technology is available to purchase?

Recommend the innovation approach your company should pursue.

Innovation approach (2 slides): Explain which innovation approach you are recommending and why.

Consider the different stakeholders—research and development (R&D), marketing, finance—when communicating your recommendations.

Are your competitors expanding in the current market?Explain how this impacts their market strength.

Comparative Product Plans to complete this milestone.

1. Explain potential risks and benefits for options A and B.

Overview (1 slide): Present the business problem and options A and B. o Option A (1-2 slides):

Explain at least two potential risks and benefits for option

Option B (1-2 slides): Explain at least two potential risks and benefits for option B.

2. Compare your competition’s products and services.

Competitors (3-4 slides): Evaluate the competitors’ current products and services.

What are your competitors’ current products and services?

Are your competitors expanding in the current market?Explain how this impacts their market strength.

Identify the leadership behavior in which you ranked lowest and define what this behavior means to you.

Challenge the Process

Enable Others to Act

Encourage the Heart

For further information on each leadership behavior, please refer to The Ten Commitments of Exemplary Leadership
Self-assessment: In this part of your report, you will use the results from your self-assessment to identify leadership behaviors where you ranked highest and where you ranked lowest, and begin thinking about how this information impacts your ability to lead. This work will help to inform your personal development plan, which you will create in

Module Six.

1. Identify the leadership behavior in which you ranked lowest and define what this behavior means to you.

2. For the leadership behavior in which you ranked lowest, describe the importance of developing this area to improve skills related to leading others.

3. Identify the leadership behavior in which you ranked highest and define what this behavior means to you.

4. For the leadership behavior in which you ranked highest, describe how this area helps support skills related to being an effective leader.

Analyze the similarities and differences between the following disciplines (Project Management and Criminal Justice Management.

FINAL Team

Analyze the similarities and differences between the following disciplines (Project Management and Criminal Justice Management. Provide rationales and note why certain tools are utilized in one, both, or should be and provide rationales. Report should be NOMORE THAN 250/275 words max.

Disciplines (document attached):

Project Mangament

Criminal Justice Management