Name Dania Alsagoff NetID sals831 Group Number: 054 Website Link: http://infosys1102014fcgroup054.blogspot.co.nz Tutorial Details Tutor: Day: Time: Kayur Ramson Monday 4pm Time Spent on Assignment: 19 hours Word Count: 1646
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THE ONLINE CAREER ADVICE PROGRAM INTRODUCTION A common problem that is prevalent today is that there is a lack of knowledge about careers. This means that many people, including myself, do not know what career they would like to enter. This is partly due to unawareness of what certain careers entail and partly due to unawareness of the existence of many other careers. To aid resolve this problem, we have proposed an online program that enables customers to find any information they would like about a career. What gives it a competitive edge is simulations that aid you in envisioning what working in a particular career is like, even tasking you with simplified tasks. 3. BUSINESS SECTION 3. 1 Vision To help people with the most important decision of their life, and to help them be happy with it. 3. 2 Industry Analysis: Online Career Advice Industry Industry: Online Career Advice Industry Force: High/Low: Justification: Buyer power: High This service is not a necessity; substitutes may be valued over a virtual program. There are no switching costs involved. Successful peopleknow who they are and what their giftings and strengths are.(1)(careers advice online) These people may not want careers advice. Supplier power: Low Companies working with us benefit as we advertise them & there are many to choose from. There are many technological equipment suppliers to choose from, the cost of personal computers and electronic devices has decreased(2)(University of Notre Dame)thus
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switching costs are low for both. Threat of new entrants: High There are low start-up costs to creating a website: Starting an online business can take a relatively small amount of capital if you manage your budget wisely(5)(Startup Nation,2006) Therefore low barriers to entry into the industry. Threat of substitutes: High There are many substitutes. They may be valued for their for their one-on-one interaction, such as talked over your choices with your parents and whnau? talked to your teachers and careers advisers? talked to Careers New Zealand advisers(3)( CareersNZ) Rivalry among existing competitors: High our list of 75 sites expanding our total to 100(Adams, S, 2013) show that there are already a lot of competitors out there, accessible from anywhere in the world(4). Thus firms have to compete fiercely. Overall attractiveness of the industry: The industry is easy to enter, however the service is not a necessity and there are many substitutes. Attracting customers is difficult once in the industry and there may be other competitors entering the industry easily, with a competitive advantage that makes it difficult to compete against them. Overall, the industry is not very attractive.
3. 3 Customers and Their Needs Customers of this product are: High school students/ graduates; knowing what career youd like to enter is important in subject choice or decisions after secondary school. many are simply saying "I don't know" when it comes to what they want to be when they grow up report NBC News.(9)
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Tertiary students; knowing what career youd like to enter is important in deciding majors / courses. Those looking to change careers; this is time consuming, expensive and you want to make sure you make the right decision. These customers thus need sufficient insight into careers. A poll of 25 million employees in 189 different countries. Only 13% of workers feel engaged by their jobs.(Adams, S, 2013) (6) show the amount of unhappy workers. Secondary /tertiary institutions looking to aid students in career decision-making; these customers are looking to provide a decision-making tool for their downstream customers/students. One of the worst pieces of career advice is to do what you love.(Trunk,P., 2007)(7) The problem with this is that often, you either dont know what you love, or it isnt a realistic option for you. This program aims to help them realize what they love, or what options are realistic for them. 3. 4 The Product and Service The program will provide insightful information tailored to what customers want. Constant feedback will be reviewed and adjustments made to meet those wants. The program lets users explore the career and what its like to be in that career, aiding decision making- especially important for those currently working, as explained above. The single most efficient way to increase your productivity is to be happy at work. No(thing)in the world can beat the productivity boost you get from really, really enjoying your work. (8) (Kjerulf,A., & Allen,D). If this program leads customers to jobs that they will enjoy, it will increase their potential productivity, which could lead to promotions, higher pay etc. and help customers be happy with their jobs, therefore achieving the company vision. 3. 5 Suppliers and Partners 3.5.1 Companies willing to collaborate to provide information and insight on a career. An employee needs to provide a perspective on his/her career- a valuable step to providing the service to customers.
3.5.2 Electronics equipment suppliers are needed to supply computers, backup systems etc. These are essential in creating and running an online service.
Suppliers may also be outsourced marketers, computer programmers or IT specialists. Outsourcing could keep costs low for the company.
3.5.3 A potential partner could be any company that wants to buy site space for advertising their good or service, as this benefits both us and them: them in the form of increasing their reach, and us in the form of profit.
3.5.4 Another partner could be companies that approach the business and ask to collaborate; i.e. a career/section devoted to their company (this attracts potential talented employees to work for them). This
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encourages future talent for that company, and benefits us in not having to research for a company to collaborate with.
3. 6 Strategy: Cost Leadership Strategy Competitive scope: Broad Market. This service can be used by anyone who wants information about a career, job or careers in general. Cost strategy: Low cost. This service can be used for very low prices, as a many of the users will most likely be students and this product needs to be priced low to attract them. The overall strategy is therefore Cost Leadership Strategy. 3. 7 Value Chain Activity: market and sell the product or service The most important value chain activity for this business is market and sell the product or service. As its a new and small business, marketing schemes are very important to attract customers. Letting people know the program exists is the first step. Next would be to encourage them to use the program. Through the advertising of our competitive edge, key differences to competitors are highlighted. Bringing across the vision is important, as being happier will appeal to those currently unhappy regarding careers, and of course actually selling the service to customers is what will eventually lead to their happiness with career choice, thus achieving the vision. Marketing will increase the reach of the company to everyone, (broad market) and keeping costs low & advertising those low costs thus adhere to the cost leadership strategy.
3. 8 Business Processes 3.8.1 A key business process is Career creation process This is the process of creating a part of the program for a career; each career is one part of the program. By increasing the amount of careers that we provide advice and information for, we are increasing the width of our customers. This enables the business to further capture value.
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START Pick a career to create Pick a business to collaborate with Approach the business Present collaboration idea Plan aspects of the program together/ Gather information from them They agree to collaborate They are uninterested in collaborating Design this part of the program Implement the career END Career source analysis system Marketing Marketing
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3.8.2 Another key business process is the Advertising process Through market research and identifying the business customer segments, marketing schemes can be created to attract each segment. This generates interest in the program. This process would contribute to the most important value chain activity; market and sell the product or service. By reiterating the vision, customers can be drawn in by advertising benefits of the service: future happiness from better career decision-making.
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3. 9 Functionalities START Market Research Identify Customer Segments Generate ideas to attract segment(s) Pick the best idea Seek approval from other departments & upper management Create contracts Approved Implement advertising Disapproved END Trend Analysis system Marketing Marketing
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3.9.1 Career Creation Process Identify a career to display in the program. Pick a career source
3.9.2 Advertising Process Identify a customer segment in the market. Pick the most likely successful advertising scheme out of generated ideas. 3. 10 Systems
3.10.1 Career source analysis system This is an SCM system performing the role of a DSS system. It supports the career creation system, pick a career source function in analysing who to best collaborate with to create a career. The system analyses various companies, employees, and factors to pick a candidate that will help create the best career to aid customers career decision-making.
3.10.2 Trend analysis system This is a CRM system performing the role of a DSS as it analyses market/social trends and customer preferences. In identifying various trends, segments can be created, and customers sorted into frameworks according to shared preferences etc. This system identifies how to target different customers and aid decision-making for careers. This supports the advertising process; identify a customer segment functionality.
3.10.3 Marketing Analysis System This is a type of CRM performing the role of a DSS. It supports the advertising process; pick the mostsuccessfulscheme functionality in analysing generated ideas for advertising. It picks the most successful scheme based on cost, reach, emotional response etc. Effective marketing increases our reach, so more people achieve happiness with their career from using this service.
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3. 11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Market & Sell the product or service 1. 1. Career Creation process 1. Identify a career 1. 2. Pick a career source 1. Career source analysis system
1. SCM
2. 2. Advertising process 1. Identify a customer segment 1. 2. Pick the most successful advertising scheme 1. Trend Analysis system 2. Marketing Analysis System 1. CRM 2. CRM
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11 CONCLUSION The programs aim is to help decision-making about careers, and eventually bring happiness to people by helping them find a career they love. We aim to do this through innovative uses of information technology and information systems, which support the various processes of this decision making process, thus adding value to customers, and creating value for the business.
REFERENCES
1.Career Change Advice- 6 keys to a Successful Career Change (n.d.). Retrieved May 21, 2014, from http://www.careers-advice-online.com
2.University of NOTRE DAME. (2012, September). Information Technology Equipment Purchases on Sponsored Projects. Indiana, U.S.A. Researched & Sponsored Accounting. Retrieved from http://controller.nd.edu/assets/91688/sp_it_equip_purchases.pdf
3.Careersnz. Step-by-step guide to choosing school subjects. Retrieved [ May 20, 2014] from http://www.careers.govt.nz/education-and-training/still-at-school/choosing- school-subjects/
4.Adams, S. (2013, September 18). The 10 Best Websites For Your Career-2013. Forbes Magazine. Retrieved from http://www.forbes.com/sites/susanadams/2013/09/18/the-10-best-websites-for- your-career-2013/
5. StartupNation Author.(2006, March 21). Costs of Starting an Online Retail Business. Retrieved from http://www.startupnation.com/articles/costs-of-starting-an-online- retail-business/
6. Adams, S. (2013, October). Unhappy Employees Outnumber Happy Ones By Two To One Worldwide. Forbes Magazine. Retrieved from http://www.forbes.com/sites/susanadams/2013/10/10/unhappy-employees- outnumber-happy-ones-by-two-to-one-worldwide/
7. Penelope Trunk. (2007, December 18). Bad career advice: Do what you love. Retrieved from http://blog.penelopetrunk.com/2007/12/18/bad-career-advice-do-what-you- love/
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12 8. Kjerulf,A., & Allen,D. Happiness at work as productivity booster. productive! magazine. Retrieved [April 3, 2014], from http://productivemag.com/1/happiness-at-work-as- productivity-booster
9. Langfield, A. (2013, September 2012). What career do teens want? 'I don't know,' many say. CNBC News. Retrieved from http://www.nbcnews.com/business/careers/what-career-do-teens-want-i-dont-know- many-say-f8C11129187
S.110 Business Systems: Deliverable 2: Business Section 2014 Name Marthalena Heather Netid Group Number: Website Link: Tutorial Details Tutor: Day: Time: Time Spent On Assignment: Word Count: 1641