The company that you are working for is considering buying another smaller firm. However, there is some business analysis needed for your company to make its final decision about purchasing. You will be working on creating the Business Strategy and Management Plan.
Keep in mind that the final Business Strategy and Management Plan template should contain the following elements:
Title page
Course number and name
Project name
Your name
Date
Table of contents
Auto-generated
Up-to-date
Assignment:
Section headings
Each section will contain the following subsections:
Qualitative Evaluation of the Industry's Strategic Position
Choose an aspect of the IT industry that has not been previously used as an example in this course.
Note: The mobile phone industry was provided as an example in the video material and may not be used as the subject for this assignment.
Use Porter's five forces to make a qualitative evaluation of the industry's strategic position. Be sure to explain each of the five forces as well as explain how they relate to your chosen industry.
Remember to include the following elements (Porter's five forces):
Threat of new entrants: Are new entrants being attracted to the market, and are there barriers to entry in the industry?
Threat of substitute products or services: Are there other products that could be alternatives to offerings in the chosen industry?
Bargaining power of customers: What degree of bargaining power do the buyers have in terms of putting the industry under pressure to provide more product or less cost?
Bargaining power of suppliers: What is the importance of raw materials, components, labor, and services that are required for the industry, and are there substitutes for those inputs? Discuss the possibility of switching suppliers, if necessary.
Intensity of competitive rivalry: Does the industry have a sustainable competitive advantage?
Strategic Information Systems Assessment
Determining the information technology (IT) management strategy that will work best for an organization requires that an assessment of the current state of the organization is conducted.
Write a strategic information systems assessment of 4-5 pages for the case study organization that includes the following:
Analyze the strengths, weaknesses, opportunities, and threats for the case study organization that are related to its present information systems environment.
Assess the forces that are presently governing competition for the case study organization.
Using Wiseman's framework of strategy development, define the strategic thrusts (and related advantages) that the case study organization should use to build a business case for implementing an information systems management plan.
Add this section to the Strategic Information Systems Assessment section of your Business Strategy and Management Plan .
All sources should be cited using in-text references and in the References section using APA format.
Information Systems Business Case
Building a business case for an information technology (IT) strategy is essential to demonstrate that there is an alignment between the IT that is implemented in the organization and the overall goals and objectives of the organization. Being able to build a business case means that the investment in resources can be justified.
Write an information systems business case of 4-5 pages for the case study organization that includes the following:
Based on the information contained in the Business Systems Plan and the Strategic Information Systems Assessment, write an IT strategy statement that details the following:
Critical success factors for the IT manager
A general strategy for how the IT department will determine congruence between the goals of the IT department and the goals and objectives of the case study organization
A general strategy for how the IT department will support the goals and objectives of the case study organization
Add this section to the Information Systems Business Case section of your IT Management Plan.
All sources should be cited in the text and in the References section using APA format.
Strategic Business Plan
Create a 4 to 5 new content pages
Your company has decided to move forward with the acquisition of the smaller company as described in the Phase 1 Individual Project. Your company was impressed with the information that you provided about Porter's five factors and your qualitative evaluation of the industry's strategic position. Your management has now asked you to create a Strategic Business Plan for the newly acquired company. You must provide this new plan and incorporate the information about Porter's five factors.
Your Strategic Business Plan should include the following features:
Executive summary
Marketing analysis
You should identify a target market.
You should establish a strategy for acquiring a customer base.
Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis
Financial statements
Summary of the relevance of Porter's five factors
Conclusion
Project Management Plan
Create a 4 to 5 pages New Content
Your company has purchased the smaller company that was discussed in the Phase 1 and Phase 4 Individual Projects. Your input was greatly valued. Senior management believes that you have a firm grasp on how to handle the new business; therefore, you have been assigned the role of project manager.
Your boss has asked you to write a Project Management Plan. Your plan should contain the following sections:
Initiating
Planning
Executing
Monitoring and Controlling
Closing
In addition, your plan should touch upon the following components:
Integration
Cost
Human resources
Stakeholder management
Scope
Quality
Communications
Time
Procurement
Risk management