1. Executive Summary 1.1. Introduction Technoxander Consulting Limited (hereafter referred to as ‘Technoxander Consulting’ ‘Technoxander’ or ‘The Company’) is a consulting company which aims to provide unparalleled consulting services in Information Technology, Processes and Digital Transformation. Technoxander Consulting aims to establish itself as a reliable consulting partner for small and medium businesses in United Kingdom. This business plan is a road map of company and is a living document. This plan will be used not only for the purpose of business inception but will also be used by the Company Director for an actionable direction in future. This business plan provides details on the company’s cash forecasting, costs and growth strategies …show more content…
The company endeavours to provide clients with innovative, cost-effective and ‘Out of the Box’ solutions to deliver improved business performance and create greater shareholder value. Technoxander Consulting would start as a Services company and will eventually add Products to its portfolio. The company will launch ‘SentiGauge, a Predictive Analytics software product for Small and Medium Enterprises (SME’s) in UK. This product would be a game changer and should turn the company’s fortunes. With the predicted growth in Analytics market over the next few years, Technoxander Consulting is set to penetrate a lucrative and growing market. Whether it's a business evaluating the success of a marketing campaign; a retail business identifying profitable customers; a service helpdesk looking to increase customer satisfaction or a small company looking to select its suppliers; our clients can rely on Technoxander Consulting to help them meet their goals, and grow despite challenging economic environment. 1.3. Business …show more content…
Keys to Success • Measuring success with client results Technoxander Consulting will measure its success based on the results of our solutions delivered to the clients. The company will focus on creating value for its clients and will help them achieve their business objectives with smart technology solutions. • Client Relationship Technoxander Consulting will work closely with every client to build a long-lasting partnership. The company will position itself as a consulting partner and not as a vendor or supplier. This will establish the company as a partner and will help win repeat business. • Cross-selling and Up-selling Technoxander Consulting has a perfect mix for success as it will offer consulting services along with a Predictive Analytics product - SentiGauge. The company will penetrate the market by selling consulting services but will be on the look-out for opportunities where the company’s product ‘SentiGauge’ can be implemented. This mix of services and product will establish continued engagement with the client base. • Niche skill
In addition, the paper also examines the department’s current strategic plan and assesses its chances of success.
Support service must be provided through the developer or supplier of the technological product. Alternatively, monitoring and other support services for the new technology can be outsourced to a tech center that services the system. This might include support for technology infrastructure, hardware, software applications and communications. All staff should then be trained in operating the new system and customer must be made aware of the new service being offered to them before the implementation stage. Finally risk management assessments should be performed and contingency plans developed to respond to worst case scenarios as Dream Destination must be realistic about the disadvantages of implementation of new technologies and resistance to change by
This report is connection with the request of The Athlete’s Shack (TAS) sporting goods store to go wireless. TAS has grown in popularity and expanded to 10 more stores in the area and now wishes to implement wireless technology to link all the stores through wireless broadband service. In addition, TAS requested installation of WLANs in each store in order to provide its employees with iPads for better customer service. Consequently, Wireless Technology Company (WTC) that supports businesses with concerns involving network preparation and development has hired me for my expertise.
By formulating the strategic plan, it will allow CanGo to better clarify the company’s short, mid, and long term goals, and clearly point the direction of the company into the future. This responsibility falls upon the executive management team, and relies on input from the Board. CanGo struggles with clearly communicating assigned tasks, and project deliverables to the staff. Therefore, staff are left without guidance, and unclear of the prioritization of tasks, deadlines for deliverables, and pass the given responsibility off to another employee to get rid of it. CanGo does not have the funds to enter into new projects, or make larger purchases.
Next in Comcast's relative ranking of the pillars of being an analytical competitor is measuring the executive support of analytics. At present, there is no shortage of this within Comcast and will only grow as time goes on. A growing mantra of leadership at the company is to support your decisions with data and to only sell new ideas if they have the data to back them up. Often this translates to business intelligence teams working directly with senior management to prove or disprove hypothesis on processes or behaviors that lead to strategic decisions within the company. Upon seeing this benefit of having analytically driven decisions, the executive support to 'push down' the functionality of an analytics platform is often a key performance
There are many benefits that the BIS can bring to an organization such as boost productivity, sales and market intelligence, the setting of more accurate and realistic goals, positive return on investments, gain insights into consumer behaviors, operational visibility and identification of key trends (Holley, A. 2015). Recommendations for developing and using the BIS described in this case, include the use of an effective BIS that incorporates different factors or circumstances in the internal and external environment of the organization such as sales, costs, weather, items or services offered by the company, and trends. Another reason to implement BIS is to reduce voluminous amounts of irrelevant data, poor data quality, and user resistance that affect the effectiveness of
1. What types of applications are described here? What business functions do they support How do they improve operational efficiency and decision making? Applications described here are email, design, spreadsheets and which would support the operational functions of a business. The iPad and iPhone in the case of Eric Jackson allows him to be mobile conduct business with clients and employees share ideas designs and hold meetings without being present.
Technology Development includes technology development to support the value chain activities, such as research and development, process automation, design and redesign. The Technology Development activity at Target Corp is utilized by having the responsibility of delivering a seamless and engaging shopping experience across digital platforms. Creating strategies and solutions that enrich the online experience, making the shopping journey easy and inspiring for guests. technology development including knowing all guests and striving to deliver a personalized experience with digital solutions – online and across all stores. Procurement includes activities of purchasing the raw materials, servicing, spare parts, buildings, machines and other
• Focus on service providers near your location. This makes it easy to arrange business meetings and discuss the progress of the work. • Technology plays a critical role in the establishment and management of digital marketing strategies. In short, service providers should focus on agencies which have invested a lot of money in the latest
Application of John Kotter’s theory on Borders In the 1990’s, Borders was a top bookselling company that was dominating the market with its competitor, together holding more than 40% of the market share. However, the company soon embarked on an unbelievable series of missteps that led to its collapse. In this paper, the different factors that caused Borders to liquidate 511 stores in the US before going out of business will be discussed. Then, solutions that could have been implemented to prevent this catastrophe will be proposed.
In fact, it is similar to an operational plan, represented in the financial terms considering income and expenditure’s estimation (Dees & Paul, 2004). Actually, the personnel
Sembcorp Industries (SCI) is a Singapore-based industrial conglomerate with business interests in: 1) utilities (primarily on electricity generation and wastewater treatment); 2) offshore/marine through its 61%-owned subsidiary Sembcorp Marine; and 3) urban development (developing industrial parks). SCI is 49.55%-owned by Temasek (AAA/Aaa), a government-owned holding company that has equity stakes in several strategic companies in the country. Investment Rationale : We rate SCI as BBB with one notch uplift from the potential support from Temasek. The rating is underpinned by its strong track record in utilities and marine business.
International Business Machines (IBM)- 1) Introduction IBM (International business machines) corporation is one of the biggest multinational computer technologies and IT consulting company spread over 170 countries with 330,000 employees. It has its headquarters in Armonk, New York, United States. IBM started its business on June 16, 1911. It is the manufacturer of computer parts for hardware and software and, consulting services and hosting services. And also offers services in infrastructure.
Beside, it is the target of our basic business and how you set a period of time to achieve your plan to make it successful in your business plan. Not because of this, it also helps you to understand how you plan to manage, make money and sustain our business. In business plan, we have to set a goals, marketing, strategies, sales plan, financial forecasts and so
One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have