Reference no: EM131821816
Assignment : The CEO's Challenge
You've just left an all-hands meeting at your company. The CEO was very upset at the rise of shadow IT projects - a major indicator that the company's internal information system has failed to meet its needs.
Because the current information system is inadequate, inefficient, and outdated, the CEO is inviting everyone in the organization to propose a new operational, decision support, or enterprise information system to replace it. The executives have allocated $5 million to fund the most promising idea.
This is your chance to make a difference in the company (not to mention your own career).
Write your proposal as a memo that the entire C-suite will review. Include at least these points, in your own words, to be persuasive:
1. Identify the main functions of your proposed information system and why they are important to the business.
2. Describe what types of data your information system will hold and how data quality will be ensured.
3. Explain how the old information system handles the functions you mentioned, the problems that occur, and why your information system will handle things better.
4. Offer evidence of feasibility: Show that similar information systems have been built successfully and that they save more money than they cost.
The executives are busy, so keep your memo to 1-4 pages and avoid any extraneous content.
You may use a current or former employer, but do not disclose anything confidential. Or, you can pick another organization if you are familiar with their internal (not customer-facing) information systems.
You can disguise the organization and populate it with famous names. Made-up companies are problematic because of the amount of detail and realism they require.
Prepare the journal entries for the transactions
: Purchased a new piece of equipment for $50,000 signing a six month, 8% note payable
|
What is their Six Sigma operating level
: Jim Corner, owner of Corner Bike Rentals, wants to start analyzing his company's quality. For each bike rental, there are four types of customer complaints.
|
What will be the company return on equity
: Pacific Packaging's ROE last year was only 5%; but its management has developed new operating plan. what will be the company's return on equity?
|
Evaluate the criteria for classification of the lease
: Goring Dairy leases its milking equipment from King Finance Company, Evaluate the criteria for classification of the lease, and describe the nature of the lease
|
What types of data your information system will hold
: Identify the main functions of your proposed information system and why they are important to the business.
|
Residents of the community are on welfare
: The local newspaper claims that no more than 5% of the residents of the community are on welfare. If you plan to test the claim by taking a random sample
|
Does the process look to be in statistical control
: The following sample information was obtained by taking four doughnuts per hour for twelve hours from Fawcett Bakery's doughnut process and weighing them.
|
Forces analysis on the following two industries
: The pharmaceutical industry consists of firms that develop, patent, and distribute drugs. Although this industry does not have significant production economies
|
What is the impact on the breakeven point
: What is the impact on the breakeven point (number of units) if management spends an additional $2,000 on an advertising program
|