Essay About Consulting Industry And Business Strategy

Global Management Information System Strategy
Global Management Information System Strategy[Student’s Name][Course Title][Professor Name][Date of Submission]Table of Contents1.0        Activity Log        2.0 Transmission Letter        3.0 EXECUTIVE SUMMARY        4.0 INNOVATION: e-Mobile Supermarket        4.1 Innovation: The e-Mobile Supermarket        4.1.1. Products        4.1.2. Services        4.2 Statement of the Problem        4.3 Competitors        4.3.1 Wal-Mart Stores, Inc.        4.3.2. Costco Wholesale Corporation        4.3.3. Target Corporation        4.4 Significance of the Innovation        4.4.1. _        Small-scale and Medium-scale Supermarket Operators        4.4.2. _        Consumers        4.4.3 _        The Community        4.5 Target Market        4.6 Key Performance Indicators        5.0 COMPANY PROFILE: The Innovative Generators        5.1 The Consulting Industry        5.2 Key Products and Services        5.2.1 Products        5.2.2 Services                5.3.1 Company Vision Statement        5.3.2 Company Mission Statement        5.4 Business Strategy        5.5 Corporate Structure        5.6 Business Process        5.7 Risk Management Plan                7.0 FINANCIAL ASSESSMENT        7.1 Financial Statement        7.1.1. Income Statement        7.1.2. Balance Statement        7.1.3 Cash Flow        References        Activity LogDateTopicDurationDescriptionStatus09/27/2015Choosing of Industry(The Supermarket Industry)2 hoursSelecting an industry to develop an innovative conceptThe group deliberated between the telecommunication industry, the aviation industry, and the supermarket retail industryThe decision to select the specialty retail industry rest from the fact that there are more feasible innovations that can easily be incorporated into the industry compared to the telecommunication, and aviation industry which is highly technical.Furthermore, the nature of the supermarket industry having to cater to majority of the consumers’ staple needs makes it easier to foster innovative solutions that can easily be received by their target marketFinishedReferences and MaterialsSearching for relevant materials and resourcesConducting surveys and interview to know what the needs of the consumers are and what would make the retailers’ task easier and more profitable In ProgressEnvironmental Screening5 hoursPerform a macroeconomic review of the different factors affecting the industry using PESTLE Analysis.Each group member was assigned a factor in the PESTLE analysis (political, economic, social, technological, legal and environmental)This would help determine which industry has the most favourable condition, with lesser risk.FinishedBest Practice in the Retail Industry3 hoursComparing the business models of aviation leaders like Wal-Mart Stores, Inc., Costco Wholesale Corporation and Target Corporation  Finished9/28/2015Deciding on the type of Innovation2.5 hoursIdentify the different types of innovation and settle on what type of innovation is the most appropriate and most beneficial for the industry, specifically the organization to be formed. In this case, an innovation that involves the development of a device might be a little more risky and lot more expensive.Settle on the most appropriate innovation for the specialty retail industry—a business model innovation Finished9/29/2015Conceptualizing the organization  Conducting a business plan on an organization that would house the proposed business model innovation for the supermarket industry Specific organizational details beginning from the industry, the type of business organization, the corporate mission & vision statement, corporate structure, the major business processes, products and services offered, and a risk management planIn ProgressBusiness Model Innovation3 hoursUnderstanding the concept behind an organization’s business modelKnow the purpose and importance of a business model to an organizationFinished9/30/2015Developing the Unique Business Model Innovation5 hoursDraw a schematic diagram of the innovationArticulate the relevance of the proposed innovation to the organization and the industry in generalPropose the feasible features of the Business Model Innovation particularly relating to the Supermarket IndustryFinishedTechnical Analysis6 hoursIdentifying the technology, infrastructure and other technical requirements needed to power and sustain the proposed innovationFinishedFinancial Analysis and ProjectionConducting a three-year financial projection to assess the feasibility of the projectIn progress10/01/2015Summary and Conclusion3 hoursRestate the highlights of the paper in terms of the key features of the proposed innovation.Re-establish the macroeconomic factors that indicates the conduciveness and feasibility of business model innovation for the Supermarket IndustryIdentify the strengths and weaknesses of the Business Model Innovation specifically designed for the Supermarket IndustryReiterate the reason why the proposal is marketable, feasible and sustainable.In progress2.0 Transmission LetterOctober 9, 2015MR. WILLIAM WETZELAngel Investors Group[Investor’s Address][Investor’s Address]Dear Mr Wetzel,         Greetings in the name of the Lord.