Describe business strategy focused on information technology


Assignment Task: This assignment gives you the opportunity to demonstrate your ability to research, evaluate, and describe business strategy focused on information technology tools and services. This assignment specifically addresses the following course outcomes:

  • Identify the basic components of the information system: hardware, software, data, processes, and people, and how these components are used to support strategic decision making.
  • Apply information technology tools for research, data gathering and information analysis, problem-solving, decision-making, and communicating information that aligns with business needs and objectives.

Start Here:

The Class Project for this course focuses on the evaluation of a business or organization and how they might strengthen their operations through technology, including their information systems. There are two parts to the Class Project; the SWOT Analysis and the Presentation. You will use the same business/organization for both parts; however, the grade received on the SWOT Analysis will not affect the grade for the Presentation (they are separate assignments).

Step 1: Choose a Business or Organization

To begin, choose a business or organization that you would like to evaluate - it can be where you work, a school (UMGC), a place of worship, government entity (e.g., DMV, Secretary of State, courthouse, etc.), or any other type of organization. Since the focus of the analysis will involve information technology, the best type of organization to choose is one where you can envision technology playing a key role in improving products, processes, or services.

Step 2: The SWOT Analysis (due week 4)

Now that you have chosen a business or organization for your Class Project, it is time to complete the first deliverable - the SWOT analysis. A SWOT analysis is a framework for identifying and analyzing an organization's strengths, weaknesses, opportunities and threats -- SWOT stands for: Strength, Weakness, Opportunity, Threat. Commonly used by businesses, this tool focuses on factors that are important to strategic decision making. These factors include both internal and external influences on the viability of the organization.

For more explanations on a SWOT Analysis, go to:

  • YouTube "How to Perform a SWOT Analysis"
  • Forbes: What Is A SWOT Analysis?
  • SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats
  • Refer to the SWOT examples on Heineken and Walt Disney World (below)

You will use a SWOT analysis to help analyze the current health of your organization, and (in week 8), you will identify possible ways the information technology could be used to make it stronger.

The SWOT analysis offers a visual way of identifying both the positive attributes of an organization, and areas that need to be recognized and addressed. Thinking of the organization you chose, start by filling out a simple table listing its internal strengths and weaknesses, and external opportunities and threats.

Task 1: List 2-3 Strengths and 2-3 Weaknesses

Strengths and weaknesses are associated with internal resources and experiences and include:

  • Characteristics of the business that give it an advantage over others in the industry.
  • Positive tangible and intangible attributes, internal to an organization. Human resources - staff, volunteers, board members, target population
  • Physical resources - location, building, equipment
  • Financial - products/services, other sources of income
  • Activities and processes - programs and processes, online presence
  • Past experiences - building blocks for learning and success, your reputation in the community

Task 2: List 2-3 Opportunities and 2-3 Threats

Opportunities and threats are factors outside of business operations that can contribute to either the make the organization stronger or be troublesome. The ability of a business to identify, control, and adapt to these external factors can make it more profitable:

  • Market expansion
  • Complacent/aggressive competition
  • Changing customer needs and tastes
  • Economic swings
  • Changing government deregulations

Step 3: Write the SWOT Analysis

Now that you have identified the organization you will analyze and completed a SWOT table listing the strengths, weaknesses, opportunities, and threats for the organization, it is time to write the analysis paper that will be submitted to your instructor/classroom.

The paper should include all of the following:

1. Title page - the title of paper, company/organization name, your name, course, and date of submission.

2. Purpose - briefly describe what the SWOT methodology is and the business/organization you are focusing on.

3. SWOT Analysis - include a SWOT Analysis table and describe each quadrant (strengths, weaknesses, opportunities, threats) for your organization. Each quadrant should be clearly identified in the analysis and the description should include the importance of the attributes to the organization.

4. Conclusion - synthesize the findings from the SWOT analysis.

5. References - cite at least two resources with APA formatted citation and reference.

Format:

  • Double spaced. Any 11- or 12-point font.
  • Paper should be approximately 3-4 pages in length, excluding title page and references.
  • Cite at least two resources with APA formatted citation and reference. Incorporate at least two resources correctly; one reference should be from the course materials and one reference should be external. An external resource is a resource other than those provided in the class or textbook. Incorporate properly formatted APA citations in the text of your document for each reference used. Then, place an APA style reference page at the end of your document.
  • Consider your audience - you are writing in the role of a business analyst and your audience is upper management of the organization.

Request for Solution File

Ask an Expert for Answer!!
Management Information Sys: Describe business strategy focused on information technology
Reference No:- TGS03437686

Expected delivery within 24 Hours