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What financial needs are parents obligated to provide and which are optional? The financial needs that parents are obligated to provide include nutritious food, shelter, clothing, and health care. The ones that are optional are luxury items such as summer classes, piano lessons, or various electronic items. 3. What other needs might a child have that a parent is expected to provide? Parents are also required to provide safety and security for their child. 4. What are the qualities of a nurturing parent?

Qualities of a nurturing parent include retaining a healthy self-esteem so that their child has a basis for self-esteem, a sense of empathy for their child, a way to successfully enforce disciplinary codes, and an understanding of acceptable maturity levels for their child. Critical Thinking Questions 1. What qualities make a person a good parent? A bad parent? The qualities that make a good parent are listening skills, understanding of maturity levels, reasonable mind, and a good education and career.

Qualities that make a bad parent include a bad temper or short temper, low education, and ideas of achieving their own goals above their child’s. 2. Which parental responsibilities do you think would be the most challenging? Why? The parental responsibilities that I think would be the most challenging would be having a job that is good enough to afford a child. This is because it is hard to maintain a good job while having a child and still be there for the child emotionally and physically while bringing in a decent paycheck. 3. Which parental responsibilities do you think would be the most interesting to you?

Why? The parental responsibilities that I think will be the most interesting to me the education of life skills. It is interesting to think that a child picks up on habits so easily and they can use those skills for the rest of their life. 4. What are some things that people can do to prepare for parenthood? Some things people can do to prepare for parenthood is further their education and get a career. Also, they need to make sure both parties in the relationship want a child. However, no one is ever truly prepared for a child.

ISEM 500: Project 1 — Developing Strategic Plan for a Small Company

ISEM 500: Project 1 — Developing Strategic Plan for a Small Company (50 Points)

Organization: Team of 3 or 4

How to Get a Good Grade – A Checklist

Read the project description yourself very carefully. Not reading the project description and listening to “seniors” can be very dangerous to your health (problem statements are changed subtly).

Read the attachments carefully, they provide helpful hints and information for the project

Please listen to the voice annotated discussions on the project. They answer many questions  

Slide decks, especially diagrams, must include annotations and explanations  

Clearly specify the references used

Provide full names (first and last mandatory) of all team members on the first slide

Include the effort (percentage contribution) of the team members .

Do not submit multiple files. Each team must submit one deliverable file (zip your multiple files into one, if needed)

Most Important: make sure that you have answered all questions in the deliverable

Organization: Team of 3 or 4

Overview

Suppose that you formed a company with some friends two years ago. The company is in the broad sector of retail, healthcare, education or manufacturing Lite (i.e., use 3D printers to produce products) located in any country (including small islands). It has grown significantly in the last two years and is now a solid company. You have to first develop a complete business strategy and a strategic plan before getting into detailed technology issues. However, the company wants to be a digital enterprise to compete and succeed in the marketplace. You can make the following assumptions:

The company plans to have one head office (30 employees) and 4 branch offices –outlets (20 employees) each.

The company wants to diversify and expand rapidly

The company wants to exploit IT to compete and succeed in the marketplace

Partnerships and outsourcing are supposed to strengthen business. Any other opportunities to grow the business are sought (looking for ideas).

You must select one of the companies briefly described in (Umar, Ch. 3) as a model that you can use for making your decisions. You may also use any other small to medium company as a model.

The objective of this project is to develop a Business Strategy and an Information System Plan. Your final deliverable is 10- 20 slide management presentation (ppt slides annotated with notes for details) that contains the following information:

Part A: Business strategy of the company (16 Points).

Use the typical management models (customers versus products, Porter, SWOT, others) to capture the main ideas. Please follow the strategic planning methodology (mission statement, internal analysis, external analysis, strategy formulation, strategy implementation & monitoring) explained in Chapter 4.

Show the role of IT to support the business strategy in the next 2-3 years. Specifically, you should use the Internet-stage model and the four dimensional model to develop a strategic vision. What stage should the company start and why, can the company go from stage 1 to stage 3 in 3 years, what are the specific benefits, risks, etc for choosing a stage. The company wants to be a next generation enterprise – advise in favor or against it.

Suggestion: Please use (Umar Ch.4) and Attachment A for supporting information.

Part B: An information system and enterprise application plan (24 Points). The objective is to clearly understand the role of information systems and automation in digital enterprises. You need to:

Determine what will be automated when, why and how. Create a year 1 view that shows about 40 business processes (BPs) to be used by the company and the enterprise application packages (EAPs) that will automate the business processes. This should be done as a matrix where BPs are rows and EAPs are columns.

Use the Porter Value Chain Model as a basis for automation. In particular, identify five applications that are critical to the success of the company (very high in the value chain). For each application, also show the implementation strategy (buy, rent, outsource development, develop in-house, or extend — BRODE). Briefly explain why you chose a particular strategy.

Play the Business Strategy Planning Game available on the Space site (www.space4ict.com -> Games Section -> Planning Games) and determine the value of this game to this project. Each team member must show the following information (if you do not show this info, you will get a zero on this part):

Name of the team member plus the SPACE Login ID used to run the games (just show a screen shot with your login id for this game)

Key lessons learned (2-3 bullet items)

Suggestion: Use Attachment B to get started. The material in (Umar, Ch 1 and Ch. 5) has great deal of information on this topic.

Part C: Reference Materials and Annotations Used (10 Points):

IMPORTANT: The slide deck must have a title page that clearly specifies the team members. After the title page, a “Team Contribution” slide must be included that shows what each member has done in the project (one line) and a percentage of contribution by each team member (total must add to 100%). For example, in a team of 4, the total contribution will ideally be 25% for each member. This Contribution will impact your grade. Any disagreements about contribution must be resolved by the team members through voting.

The slide deck must be properly annotated (by using Powerpoint Notes) that explain the diagrams and also the key ideas presented (5 points).

In addition, a References slide must be included to list the materials that were used to develop this solution. This must include the following:

Specific names of case studies from the text that were helpful in this assignment

Specific topics in the text (chapter, section) that were helpful in this assignment

Outside materials (give specific links) on the Net that were helpful in this assignment

Guidelines and Suggestions

You should use lessons learned and insights gained from case studies in the texts (plus other sources) to produce a first rate deliverable. In particular, use the examples of successful companies such as Dell, Walmart, Amazon and UPS to help this company.

Specifically mention what examples are you using where in the deliverable report (e.g., “as shown in the Amazon Example in Chapter 2). .

Possible Sources of Information for additional case studies and examples: CIO magazine (www.cio.com), CIO-insight magazine (www.cioinsight.com), Information week (www.informationweek.com), etc.

Use web as a resource for additional information. Many Websites have great deal of information about ERP systems. Please, look at some vendor sites (e.g., SAP, Oracle-PeopleSoft, Microsoft-Great Plains) to develop a conceptual model of the system you have chosen. In general you can use reverse engineering to extract knowledge from the Internet (see Attachment C).

Your grade will depend on clarity of report, use of knowledge acquired (classroom discussions, case studies, external sources used, and references of the sources used).

Attachment A: How to Develop a Business Strategic Plan

The strategic planning methodology discussed in Chapter 4 consists of several steps (mission statement, internal analysis, external analysis, strategy formulation, strategy implementation & monitoring). This methodology, shown in Figure 0, is used widely at present for business strategic planning throughout the world.

Figure 0: Strategy Formulation

Attachment B: How to Develop an Information Systems (IS) and Application Plan

The IS planning process consists of several steps such as identifying business processes (BPs), information flows between BPs by using business process patterns and then developing the application matrix. The core of this process is the business process pattern (BPP), shown in Figure 1, that captures an overall view of enterprise functional areas (e.g., sales, corporate management, back-office operations), the major business processes in each functional area (e.g., purchasing and payment within procurement) and the key interactions between these processes. Such high level views of businesses are of great practical value to identify business scenarios, automation strategies and enterprise applications. BPPs can be used to conduct quick sensitivity analysis such as the following: a) if one BP is eliminated, then what other BPs will be impacted, b) if an application package that supports a BP is replaced with another application, what other applications/BPs will be impacted, c) which application, if replaced, will have the most impact in terms of integration, d) which application, if replaced, will have the least impact in terms of integration.

Figure 1: Business Process Pattern for a Retail Store

The next step is to convert this is to develop an application plan, identify the applications A1, A2… An that are needed to automate the business processes BP1… BPn identified in Figure1.

In reality, one or many applications (apps, application packages, ERP systems) may be needed to support a given business process. and a given business process may need multiple applications. For example, a customer information system may support many business processes such as purchasing, marketing, and payment. Similarly, purchasing business process needs support of many applications such as order processing, inventory management, and shipping/receiving packages. The result of this step is a table that may resemble Table 1.

Table 1: Applications to Support Business Processes (High Level IT Applications Plan)

Application Package1

Application Package2

Application Package3

Application Package4

Business Process1

X

X

Business Process2

Business Process 3

X

Business Process4

X

X

Business Process 5

X

X

This table (matrix) shows which application packages (e.g., CRM from SAP) may be used to automate which business processes. You can determine the business processes from Figure1 (e.g., BP1 may be finance and BP2 may be accounting). In addition, you should surf the Net to determine the most appropriate application packages that automate different business processes. Your choices are indicated by X in the table cells.

This application plan can be further refined. For example, once the key applications have been identified, the next main activity is to develop an automation strategy with different options of buy, rent, outsource develop in-house, or extend-re-use (BRODE). It is also desirable to determine how the BRODE strategies could be implemented. For example, it is important to select the COTS (commercial-off-the-shelf) application packages that can be bought and identify application service providers (e.g., Oracle and SAP) for rental and outsourcing.

Note: This information is extracted from the text “Strategic Planning of Digital Enterprises” (A. Umar, 2017 – Draft version).