Imagine you are a consultant for a business solution company. Please use the five factors (mentioned in the video) that influence decisions managing technology for a competitive advantage to evaluate the readiness of a change about the business (or the business idea).
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Imagine you are a consultant for a business solution company. Please use the five factors (mentioned in the video) that influence decisions managing technology for a competitive advantage to evaluate the readiness of a change about the business (or the business idea).
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- Look at the illustrations attached. For each of the following, think of which illustration that would be suitable for the particular focus below: Business Results (Customers, Product and/or Service) People and the Organization (Participants and Context) Technology and Information (Technology, information and infrastructure)Investigate how customers respond when software or applications stop working on their desktop computers or mobile devices. What can individual consumers do to stay away from frustrating situations such as these? Solution-oriented. What kinds of tactics did you utilise when you were confronted with difficult software or application problems? What actions have you done to address the issue that has arisen?DruckerSystematic innovation involves “monitoring seven sources for innovative opportunity” (Drucker, 1985, p. 35). The first fourare internally focused within the business or industry, in that they may be visible to those involved in that organization orsector. The last three involve changes outside the business or industry.Internally FocusedThe unexpected (unexpected success, failure, or outside events)The incongruity between reality as it actually is and reality as it is assumed to be or as it ought to beInnovation based on process needChanges in industry structure or market structure that catch everyone unawaresExternally FocusedDemographics (population changes)Changes in perception, mood, and meaningNew knowledge, both scientific and nonscientific Discuss the concept which deals with opportunity thinking anddesign thinking, analyse their concepts by providing specific examples and cite readings (e.g. articles,narrative, research) from reputable sources.
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