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Do no increase financial burden: The non fruitful activities Boo did is one of the reasons for the
demise of the company as they undertook so many activities for advertising without considering
the cost and return of the same. Advertising work to a certain point only and they reduce
profits as most of them were employed in aggressive advertising.
Efficiency: The website launched was not at all efficient. It did not fulfil the positioning as it was
created before the launch. The back office was not efficient enough to provide what was
promised efficiently. Efficiency and creativity works hand in hand, lack of efficiency makes
creativity futile as the benefits of creativity cannot be passed on to end customer without
efficiency.
Expectations: The website failed to fulfil the expectations too. It is always paramount to deliver
what is promised or don’t make such promise. Deliver more than what is promised, it is better
to contain yourself while making promises and then provide more than what was
promised. This leads to creation og goodwill in the market.
Manage your expenses: It is very important to balance your expenses with the revenues
the firm creates. Excess expenses leads to reduced credibility of the firm in the market leading
to reduced investment opportunities in the firm which makes it difficult to raise further capital
from the market.
Branding: If you fail to deliver what was proposed, it reflects negatively on the brand on
an overall basis. It impacts not just the investors but customers too.
Common lessons learnt are the shift of focus from efficiency to rigorous marketing. This is very
common among firms as they tend to delve more into increasing the presence than ensuring the
efficiency towards product quality and customer interaction with the product.
GE Case
● What are the 5 key lessons learned from this case study
● What is the relationship to Other Case Studies (common lessons, new lessons)
● What is this company doing now (Fast Forward: one sentence)
If the company does not identify its weaknesses, others will. Each cross-functional team must
define continuous improvement plans, the final plan must be an improvement plan with
which to solve these threats. As is known, there were weaknesses in the presence on the
Internet, transactions and management of the user experience that had to be solved.
There must be a closer connection between the client and the provider. One of GE's first
responses was iCenter, an application that was installed on each of the customer's computers
and constantly collected data, also using this application the customer can ask questions about
the operation of the equipment.
Internet can take companies to the top, however if there are no results in the medium or short
term, competitors can implement similar changes and catch up by eliminating the competitive
advantage represented by the Internet.
Cloud services, web applications must cause considerable changes in the architecture of the
company, impacting on the reduction of employees, streamlining processes, performance
improvement or others. If after these changes no improvement has been reflected, it can be
predicted that there will be no clear improvement.
When each device connects to the Internet, a door is enabled to access a lot of information,
where each of the customer's devices can send usage statistics, error reports, and even today
be updated online automatically, this means that it is an obligation in today's world to
automate processes and ensure the efficiency of customer service.
The main idea of opening vignette is that having an updated database with a well organized
architecture allows to have a clear vision of the business and makes it possible to automate
processes saving time and manpower.
A company can be analyzed on a large scale by separating it into multiple business processes
(BPs), also encapsulated each in a functional area of the company, such as finance,
accounting, sales ... Etc. For each of these BPs can be designed a tool that automates the
process making it more efficient and thereby getting into larger markets because there is more
production capacity and with less time and cost.
Operational support applications are applications that work all day and at all times to support
a company, its objective is to respond to the customer's need to respond in real time to the
needs of its customers. These applications are usually registration, sales, online shopping,
shipment tracking, automated customer service and quick handling of common questions. It
is important to remember that having these systems implies always having a backup if
required, these backups can be replica servers, backups of the application code, databases
and customer information, in order to ensure high availability and robustness.
The applications can be classified by types, being the intelligent applications the type of
application most desired by the managers and owners of large companies since they are
applications that allow to observe in real time the behavior of the company, analyzing data
coming many times from hundreds of thousands of sensors, which are analyzed, segmented,
classified and shown in a simple and optimal way with a pleasant user interface.
in case study 5 "SMART ERPs ON THE MOVE -- FEW SNIPPETS " teaches us that
intelligent ERPs allow companies to automate their processes and solve small problems
before they become major, however many ERP's today are posing as intelligent when they
are not, for an ERP to be considered intelligent must learn from experience, ie it can not be
possible that the same error occurs recurrently and is not solved without the intervention of
a third party, nor can it happen that more than once is not correctly predicted the information
expected without the intervention of a third party, nor can it happen that more than once is
not correctly predicted the information expected. Intelligent ERP's are also different in
performance depending on how they analyze the available data, an ERP with weekly analysis
can extract more information from the problems than an ERP that simply analyzes the basic
text that is based.
Umar chapter 3
● Will you address business issues before technology issues (yes or no)
Yes.
● Who could be your main competitors (name one)
AWS (IoT and big Data Services).
What could be the new entrants
1. Blynk
● What could be the substitute products
1. Microsoft Azure IoT Central
2. ThingSpeak
● What will be your product strategy (new products to new customer or existing products
to new customers)
New products for new customers, focused in data analytics and machine learning.
● What will be the main Business Processes (list 10)
Main Business Process
1. Quality Process.
2. Product Development.
3. Financial Analysis.
4. Product Delivery.
5. Marketing and Sales.
6. Human Resources.
7. Technology Management.
8. Responsibility Management.
9. Scheduling.
10. Procurement.
● What will be the most critical Business Processes (list 3)
Critical Business Process
1. Inventory
2. Shipping
3. Order Processing
● Go to the SPACE site (www.space4ict.com) and identify one game that could be of
value to this case study.
Project 2
Assignment: Based on an Internet search, give a short description (one or 2 paras) to show
what is Rand McNally doing now
Rand McNally is involved in a number of businesses as of now, most of which are based
on infrastructure of internet and wireless network technologies.
The company still sells maps and navigation systems which have become more advanced;
the company offers devices which can help a customer ascertain his present location and
guide on way forward. The vehicles using such devices can also be tracked by other family
members and acquaintances that have the access to it.
Rand McNally has a product which is known as Fleet management Solutions which helps
the fleet owners track the movement of their vehicles and know their present locations.
The company publishes and sells Road Atlas, Motor Carrier's Road Atlas, Activity Books,
Travel Pictorials, Wall maps etc. These products are still purchased by people in the US.
This was Rand McNally's primary business and the company has not discarded it.
The company also sells gadgets such as high quality headphones/headsets which are used in
noisy situations such as in helicopters, Cameras, Monitoring devices, e-logs etc.
In a nutshell the company is still involved in its primary business that is selling printed
maps and they have also tried to capitalised on the internet technology and have made
customised products such as maps, navigation devices, fleet management systems which
are used by modern day drivers and fleet owners.