Integration of Innovation

To:

From:

Subject: Integration of Innovation

Date: 5^th January 2022

Greetings

Is it real?

Organizations in public and private sectors focus on enhancing the safety of passengers through proper infrastructure and manufacturing cars that can withstand the most intense impact without injuring the passengers, as well as installing safety features such as safety belts and airbags to protect the occupants in a car in case an accident occurs. Therefore, there is a need to incorporate the Internet of Things that enables drivers to monitor everything that happens around the car. The technology would be ideal for minimizing road accidents, particularly those that occur due to blind spots.

The rise of autonomous cars increases the market size for connected cars because people are now looking for vehicles equipped with augmented reality that can relay feeds from exterior cameras to guide the driver when reversing the vehicle and eliminating blind spots while increasing visibility all around the car (Iqbal, 2020). By 2019, the company’s market for connected cars was projected to create a market share of $3.83 billion globally, with an anticipated growth of 10.2% annually. This indicates that by 2030, the company will have a market share of more than $10 billion locally and more than $500 billion globally.

The product can be made because other companies, such as BMW, have manufactured cars with an augmented vision to give drivers all-around visibility by removing blind spots. Volvo cars also use connected vehicle technology to provide reliable, safe, and engaging mobility (Ericsson, 2021). The company has maintained continuous improvement in the manufacturing of connected vehicles by partnering with Ericsson. The final product will satisfy the market because it will focus on filling the gaps that have been left by other car manufacturers who are manufacturing connected cars. The company may, however, be unable to meet demand because the technology is new, and the market share continues to increase by 10.2% annually.

Can we win?

The product will have a competitive advantage because it will include unique features that are not yet so prevalent in the market. The product also offers value for money by guaranteeing safe mobility. Additionally, the product will gain a competitive advantage because it will be the only one offering 5G signal connectivity, entertainment, continuous updates and maintenance, and adequate mobility and functionality. However, we need to maintain continuous innovation to generate new ideas because our competitors will respond by producing better products that address our product’s limitations. Competitors may also react by reducing their vehicles’ prices to retain existing customers and attract new ones. We, however, have an advantage because we have invested in research and development. We, therefore, conduct regular market research in different markets, thus enabling us to understand the market properly.

Is it worth doing?

The product will be profitable at an acceptable risk because it will enable us to grow our market share and generate more revenue by increasing the price of our cars due to the added value. The product will also increase the efficiency of our vehicles, thus increasing their demand (Nell, 2012). Besides the financial benefits the product will yield, it will also create a good image for our company and improve our reputation as an innovative company that uses technology to enhance customer experience. Therefore, launching the product makes strategic sense because it yields both short-term and long-term benefits. The product also fits our company’s overall growth strategy because it will enable us to increase the market share and improve our position in the automotive industry. The company’s senior management will create a foundation for the successful development and launch of the product by providing all the resources required because the product will improve the company’s overall performance.

Conclusion

IoT and connected cars are strategically important to our company because customers are currently looking for cars installed with new technology features that improve safety, entertainment, and mobility. Therefore, the company would have to ensure that the proposed connectivity features not only focus on all-around visibility but also factor in the entertainment aspect. Competitors may also change their development plan to include the parts we install, which is why we also need to ensure that our features are unique based on quality and accessibility. We also intend to accelerate the development of connected cars to help the company grow by creating a solid competitive advantage.

References

Ericsson. (2021, 2nd December). A partnership built on innovation & trust – Volvo. Ericsson – Helping to shape a world of communication. https://www.ericsson.com/en/cases/2017/partnerships-built-on-innovation

Iqbal, A. (2020). Obstacle detection and track detection in autonomous cars. Autonomous Vehicle and Smart Traffic. https://doi.org/10.5772/intechopen.89917

Nell, K. S. (2012). Demand-led versus supply-led growth transitions. Journal of Post Keynesian Economics, 34(4), 713-748. https://doi.org/10.2753/pke0160-3477340406

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The chief technology officer (CTO) of the company from the course scenario has been researching new technology developments that the company could integrate into its vehicles to enhance their usefulness and access to sensor data. Such data is acquired by the many digital sensors that have been integrated into vehicle subsystems over the past 20–30 years. The technology trend of particular interest to the CTO is the Internet of Things (IoT), the interconnection of embedded devices such as sensors and computers over the Internet to share data. For automobiles, the trend points to creating connected cars.

Integration of Innovation

Prompt

Senior management has decided to explore IoT for the company’s trucks and cars. Your task is to create an internal memo explaining that the company should integrate IoT into its product line using the RWW (real, win, worth it) screening tool from the Module One resources and the information from the CTO Brief, Comparative Growth Data, Comparative Operating Statistics, and Comparative Product Plans documents. Consider the following:

Discuss the feasibility of the product line (refer to RWW screening tool question number one: Is it real?).

• • • Is there a need or desire for the product?
    • Is the size of the potential market adequate?
    • Can the product actually be made?
    • Will the final product satisfy the market?

Discuss the ability of the company to win market share (refer to RWW screening tool question number two: Can we win?).

• • • Will your company’s products have a competitive advantage?
    • How will your competitors respond?
    • Can your company understand the market properly?

Discuss the potential benefits to the company of producing this product (refer to RWW screening tool question number three: Is it worth doing?).

• • • Will the product be profitable at an acceptable risk?
    • Does launching the product make strategic sense?
    • Does the product fit your company’s overall growth strategy?
    • Will your company’s senior management support this project?

Based on the answers to the questions above, explain the reasons why IoT and connected cars are strategically crucial to the company.

• • • Consider the evolving customer needs and desires; how would they impact the company’s product plan?
    • What do you think competitors will do (if anything) in response to changes in your company’s development plan?
  • Do you think that accelerating the development of connected cars will help grow the company?

Directional Strategies Report

Analyze the effectiveness of the organization’s directional strategies.

Blue Cross Blue Shield provides healthcare coverage to members to ensure that they live free of fear and worry about how to meet healthcare costs. The company offers a personalized approach to healthcare based on its clients’ needs and the communities in which their clients work and live. The company intends to portray an image of a healthcare organization that understands and is concerned about people’s healthcare by providing affordable, quality healthcare. The organization’s mission is to transform, inspire change, and improve the health of its members. The task fits the organization’s current strategic goals because it enables the company to take responsibility for making continuous improvements in the provision of healthcare services to its clients and be a reliable source for healthcare benefit information and administration. The mission also fits the current strategy of collaborating with the government and donors to get funds for adopting new technology and training employees on how to use new technologies in healthcare because the design focuses on creating change in the healthcare sector, thus supporting the organization’s role in inspiring change.

The organization’s vision is divided into various elements. The first element is valuing customer satisfaction. This element includes being responsive, courteous, timely, accurate, and taking personal responsibility for problem-solving. The second element is valuing honesty, openness, reliability, and integrity. This element includes speaking the truth constructively, openly sharing the bad and good news with all co-workers, operating with integrity and ethics, and being a reliable source for health benefits information and administration. The third element is valuing patience, caring, mutual respect, fairness, and loyalty by striving to respect the rights and dignity of every individual, acknowledging every employee’s contributions, and listening with an open mind to ideas shared by employees. The fourth element is valuing employees who take responsibility for continuous improvements, leading by example, improving their skills through training, being committed to the organization’s vision, mission, and values, and encouraging teamwork. The fifth element is valuing employee involvement by striving to support decision-making with employee input, respecting others’ points of view, welcoming differences of opinion on achieving goals best and solving problems, and supporting community activities.

Identify gaps between effective directional strategies and the organization’s existing directional strategies.

Effective directional strategies emphasize an organization’s strategic intent to be personalized for everyone. According to Singh & Shah (2012), the first task in personalizing the strategic plan is to clear corporate challenges that focus on the workforce’s attention to the following capability or critical advantage to being built. Challenges act as the milestones between the organization’s current and future state. Corporate challenges are the operational means enabling the organization to gain a competitive advantage, and they identify the central point for capacity building in the short and medium term. Effective directional strategies are also founded on considerable thought and analysis by top management and indicate the organization’s intentions.

The current directional strategies adopted by Blue Cross Blue Shield outline the organization’s mission but do not outline the organization’s broad direction that should and will be followed. The mission statement also exempts information on the values and reasoning behind the mission. Another gap is that the current mission does not provide a clear message to outsiders and insiders of what the company stands for because it only outlines its purpose without portraying its character and image.

Analyze the alignment between the organization’s directional strategies and its strategic goals.

The healthcare organization is a competitive environment that includes many healthcare facilities in the private and public sectors. The climate also contains continuous innovation to address new healthcare issues, such as the rise of new diseases, the development of vaccines for recent outbreaks, and the use of technology to meet healthcare needs. Patients also recognize the need to be involved in their healthcare to enhance the quality of healthcare services they receive. Blue Cross Blue Shield’s directional strategy fits the environment because it promotes patients’ involvement in healthcare provision by improving collaboration between patients and physicians through patient-centered medical care to ensure that the unique needs of a patient are identified and addressed on time and creating a collaborative care model and training physicians on how to use it. The strategy also enables the organization to adapt to the technological changes in the healthcare environment by training employees on how to use new technologies in healthcare.

The organization’s direction is appropriate because it enables it to take advantage of its strengths and opportunities to gain a competitive advantage. For instance, collaborating with the government and donors to get funds for adopting new technology will enable the organization to implement a unique environment to improve healthcare quality for its clients. Partnering with institutions providing healthcare training programs will also allow the organization to gain access to graduates who are equipped with the knowledge and capabilities to work in the modern healthcare environment. The organization will also create a collaborative environment by improving collaboration between patients and physicians. The organization’s direction includes strategic goals to improve its performance and clients’ well-being. The main strategic goals that make the most sense are partnering with institutions providing healthcare training programs and implementing telehealth to promote the timely delivery of healthcare services to patients. These goals will facilitate the organization’s growth by improving the services provided to customers and attracting new customers.

Propose changes to the organization’s directional strategies that improve alignment between its structure and strategic goals.

One of the changes that the organization needs to make to establish a foundation necessary for the organization’s current structure and strategies is developing a well-written mission, vision, and values statement that signals the direction and intention of the organization and communicates to stakeholders on the short-term and long-term goals of the organization and values that need to be upheld to ensure that the intended performance is achieved. The organization’s objectives, vision, and mission must be formally documented and formulated to give a strategic direction. According to B et al. (2017), communicating a company’s mission is essential in strategic management because it helps to ground the organization by clarifying its purpose and framing the context of its operations. The mission statement also communicates to all the stakeholders outside and inside the organization what the company represents, what it is founded on, and where it is headed. It thus needs to be expressed with a commitment that everyone involved can understand and feel relevant (Singh & Shah, 2012). The second recommendation is creating stretch goals, challenging employees to meet demanding targets instead of relying on a tight fit between resources and objectives. According to Rao et al. (2009), the wealth of an organization depends on its role in creating future opportunities and the ability to capture a substantial share of them. Corporate challenges can, therefore, be reflected in the organization’s directional strategies.

References

B, B., S, B., & W, C. (2017). Crafting strategic objectives: Examining the role of business vision and mission statements. Journal of Entrepreneurship & Organization Management, 06(01). https://doi.org/10.4172/2169-026x.1000205

Rao, C. A., Rao, B. P., & Sivaramakrishna, K. (2009). Strategic management and business policy. Excel Books India.

Singh, R. G., & Shah, M. K. (2012). Directional Strategies and Organizational Performance. Management Convergence, 3(1).

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Directional Strategies Report

BLUE CROSS BLUE SHIELD AS TOPIC

Use Mission, Vision, and Values Analysis Questions [DOCX] to complete the assessment. The document identifies three questions about each directional strategy you must consider as you analyze your organization’s fit with its directional system.

To prepare for the assessment, reexamine your TOWS matrix from Assessment 2, the analysis of your matrix, and the initial strategies you qualified as part of your draft strategic plan. Once you have reexamined your work, you will be ready to begin work on this assessment.

In addition, you may wish to review the assessment instructions and scoring guide to ensure that you understand the work you will be asked to complete.

Note: Remember that you can submit all or a portion of your draft directional strategies report to Smarthinking Tutoring for feedback before you submit the final version for this assessment. If you plan to use this free service, be mindful that the turnaround time to receive input is 24–48 hours.

Scenario
Your manager is pleased with the thorough and impressive work you have done to date. However, she notes that the TOWS matrix findings do not align with the organization’s directional strategies. The organization’s structure must align more closely with its strategic goal to be more efficient, competitive, and profitable. She asks for your help once again.

Her next task for you is to examine the organization’s mission, vision, and value statement and compare them to the TOWS matrix. She requests that you recommend revisions to the organization’s mission, vision, and value statements to more closely align with its strategic priorities.

Knowing your manager, you understand that she wants your directional strategies report to be insightful, substantive, and brief—all at the same time. You also know that your manager is a visual person. It will serve you well to include appropriate images and diagrams, such as your TOWS matrix, in your report to highlight critical information.

Requirements
Write a directional strategies report that examines aligning a healthcare organization’s current directional strategies with its strategic goals.

Report Requirements
The requirement outlined below corresponds to the Directional Strategies Report Scoring Guide grading criteria, so address each point. Read the performance-level descriptions for each bar to see how your work will be assessed.

Analyze the effectiveness of the organization’s directional strategies.
Use the linked document Mission, Vision, and Values Analysis Questions [DOCX] to determine how effectively the existing directional strategies currently fulfill the requirements of the effective directional system.
Identify gaps between effective directional strategies and the organization’s existing directional strategies.
Analyze the alignment between the organization’s directional strategies and its strategic goals.
Examine the strategic fit.
How well does the directional strategy fit the environment?
Given the environmental analysis you completed in Assessment 1, how appropriate is the organization’s direction?
Which strategic goals make the most sense at this time? Growth? Maintaining the status quo? Or does contraction make the most sense right now?
Propose changes to the organization’s directional strategies that improve alignment between its structure and strategic goals.
Recommend changes you think the organization needs to make to establish a foundation necessary for the organization’s current structure and strategies.
Be sure to support your recommendations with references to current, scholarly, and authoritative sources.
Write a clear, concise, well-organized, and professional directional strategies report that includes conclusions supported by relevant evidence.
Follow APA formatting and style guidelines for citations and references.

Contemporary Business Leaders

Richard Branson is a globally renowned entrepreneur who is usually associated with the Virgin Group. The popular English tycoon has at least 400 companies within the Virgin Group umbrella. His entrepreneurial tendencies began to manifest when Richard was 15 years old (Virgin, 2021). The zeal to make a positive difference in the world is evident in the various enterprises that operate under the nonprofit organization the Virgin Group. Richard Branson inspires upcoming entrepreneurs to engage employees within a joyful environment leading to success.

Identify a leader and justify why you selected that particular leader. With what organizations is the leader affiliated? In what industry is the leader recognized? How long was the leader in a leadership position?

Richard Charles Nicholas Branson was born in 1950. The British tycoon’s parents were Edward James and Eve Branson. Branson struggled with schoolwork due to dyslexia. At the age of 16 years, Richard Branson permanently dropped out of school. This unpopular decision led to the establishment of the magazine Student. The print material sought to discuss issues that affected young people. In 1966, the first issue of Student was printed. The magazine made $8000 through advertising. At least 50,000 copies were released for free. This initial business spearheaded Branson’s journey into entrepreneurship, which has lasted for 50 years and continues to exist.

Richard Branson is affiliated with the Virgin Group, which he founded in 1970. The Virgin Group is found in different sectors, including health, music, leisure, telecommunications, and travel. The pioneer entity in the Virgin Group is Virgin Records, which was started as a retailer dealing with mail-order records. The company proceeded to sign numerous artists such as Mike Oldfield, Rolling Stones, and Sex Pistols, making it a success (Amyx, 2018). Besides doing business, Richard Branson is a philanthropist. He established Virgin Unite in 2004. Virgin Unite is Virgin Group’s nonprofit entity, which brings together individuals with entrepreneurial ideas with the intention of making the world a better place. Entities such as the B Team, the Elders, and Ocean Unite have been incubated through Virgin Unite (Virgin, 2021). These aspects confirm that Richard Branson’s leadership at the Virgin Group is successful. Richard Branson’s impact on budding entrepreneurs shows his desire to improve the world through those in need of his experience, mentorship, guidance, and resources. These are the reasons for choosing Richard Branson for this discussion.

Discuss which leadership theory best describes the chosen leader’s approach to leading people.

Richard Branson utilizes the transformational leadership theory at Virgin Group. Transformational leadership involves providing followers with the autonomy to drive change within an organization. Transformational leaders must set aside their interests and create clear work expectations among their followers (Akingbemisilu, 2018). Such leaders are charismatic and initiate the change process, letting followers proceed with the activities that are related to the same.

Richard Branson is a perfect definition of a transformational and charismatic leader. Richard Branson attests to his lack of regard for management and leadership rules. He also encourages other upcoming leaders to break the rules. This approach enables Richard to come up with new plans once the current ones fail together with his employees. He states, “Tennis, like a business, moves so quickly that if you dwell on the past for even a few minutes, an opportunity will have passed, and the moment will be lost. You have to get into the right frame of mind in order to perform your best and need to be able to put setbacks behind you instantly” (Domanska, 2021). The statement confirms the leader’s easygoing and unusual nature in leadership.

In addition, Richard Branson states the need to hire people whose strengths are others’ weaknesses. Thus, personality is critical to academic achievement. Most importantly, the leader emphasizes the need to fill the market gaps instead of simply competing continually. The critical leadership skills that Richard observes include learning, listening, and laughter (Schawbel, 2014). This style of leadership makes the Virgin Group a highly desirable employer.

What was the leader’s greatest career achievement?

In his own words, the ability to learn consistently has been his greatest achievement. “The truth is, for most of the time, I’ve learned as I went along, but I’ve learned this is often my greatest asset” (Mejia, 2018). The statement confirms that an individual’s ability to learn on the job is critical to their success. Richard Branson has been within the learning curve during the entrepreneurship journey. When he began his first enterprise, Virgin Records, he did not have any background related to music. This understated ability enabled Richard to build a firm foundation and create admirable global businesses.

Identify a significant career challenge the leader faced and how the challenge was handled. Did the response align more with a managerial role or a leadership role?

The crash involving Virgin Galactic, one of the entities under the Virgin Group umbrella, was Richard Branson’s greatest challenge. SpaceShipTwo crashed in the Mojave Desert, killing one of the two test pilots in October 2014. The other pilot sustained critical injuries. The crash occurred due to human error and mechanical anomalies. This crash cast a dark cloud over the promising venture and interrupted planned space travels for at least 500 people who had already made reservations with Virgin Galactic. As the leader of Virgin Group, Richard Branson announced his condolences to the family of the deceased. He also confirmed to the public and Galactic’s employees about the future direction regarding exploring space tourism (France-Presse, 2014).

What power base did the leader use in handling or resolving the challenge?

After the crash, Richard Branson used his legitimate power to encourage other employees to continue with testing and development efforts (France-Presse, 2014). This power played out when he spoke to the public about the crash. His position as an influential leader who makes a positive impact on people’s lives contributed positively to the resolution of the challenge.

Compare the leadership style used by your selected leader against that of the leader’s successor/predecessor (or competitor in the same industry if a successor/predecessor is not applicable). Was there a difference in the leadership styles? Which leader do you think is more effective and why?

Richard Branson differed from the Late Steve Jobs. Both leaders were involved in the communication sector. Steve Jobs used the authoritative style, while Richard Branson utilized the transformational style. Richard Branson delegates to employees and seeks their opinions and self-drive. The late Steve Jobs used reward and punishment to achieve desired results while retaining power. Often, Steve Jobs relied on efficient communication of instructions to subordinate employees (Isaacson, 2012). Richard Branson believes in listening to employees to avoid mistakes. Richard Branson’s charismatic and jovial nature seems to contribute largely to his style of leadership (Domanska, 2021).

Include a personal reflection and identify two to three attributes you hope to emulate or avoid (based on studying this leader) in order to be a successful leader.

I admire Richard Branson’s tenacity, charisma, and ability to lead others joyfully. The leader started undertaking entrepreneurial activities as a teenager. His ability to accept his differences owing to dyslexia is admirable. Dropping out of school and starting an enterprise that made at least $1milion is inspiring (Schawbel, 2014). Taking an unpopular decision shows his determination to excel in the world of business. As a leader to reckon with, Richard Branson continues to show remarkable determination even after the SpaceShipTwo crashed during testing. His encouragement to employees confirmed that he is determined to live out his dreams. As an aspiring entrepreneur, I hope to learn the art of leadership as Richard did.

References

Akingbemisilu, T. (2018). Critical Evaluation of the Application of Leadership Theories to a Leader in an Organizational Context and Management Theories to a Contemporary Organization (A case study based on Virgin Group Limited and the Co-Founder, Sir Richard Branson).

Amyx, S. (2018). Story of Strive: The Inspiring Journey of Richard Branson.

Domanska, A. (2021). What makes Richard Branson a Great Leader? Industry Leaders.

France-Presse, A. (2014). Investigation Begins into Crash of Virgin Galactic Spacecraft. Industry Week.

Isaacson, W. (2012). The Real Leadership Lessons of Steve Jobs. Harvard Business Review.

Mejia, Z. (2018). Self-made billionaire Richard Branson on achieving success: This has been my ‘greatest asset.’ Retrieved from https://www.cnbc.com/2018/01/26/richard-branson-on-success-this-has-been-my-greatest-asset.html

Schawbel, D. (2014). Richard Branson’s Three Most Important Leadership Principles. Forbes.

Virgin. (2021). Richard Branson’s story. Retrieved from https://www.virgin.com/branson-family/richard-branson

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Contemporary Business Leaders

Many names have been recognized as notable business leaders. Steve Jobs, Bill Gates, Elon Musk, Mark Zuckerberg, Jack Welch, and Colleen Barrett are all leaders identified for their unique approach to leading people. Choose one of the following business leaders for this assignment: Jeff Bezos, Elon Musk, Steve Jobs, Bill Gates, Jack Welch, Indira Nooyi, Anne Mulcahy, Howard Schultz, Colleen Barrett, Larry Page, Mark Zuckerberg, Warren Buffett, Richard Branson, Susan Wojcicki, Marissa Mayer, or Mary Barra. Select one leader and discuss (in 1,250-1,500 words) what you have learned about the selected individual as a leader and the leadership style that leader embodies. Address the following in your discussion:

Contemporary Business Leaders

1. Identify a leader and justify why you selected that particular leader. With what organizations is the leader affiliated? In what industry is the leader recognized? How long was the leader in a leadership position?
2. Discuss which leadership theory best describes the chosen leader’s approach to leading people.
3. What was the leader’s greatest career achievement?
4. Identify a significant career challenge the leader faced and how the challenge was handled. Did the response align more with a managerial role or a leadership role?
5. What power base did the leader use in handling or resolving the challenge?
6. Compare the leadership style used by your selected leader against that of the leader’s successor/predecessor (or competitor in the same industry if a successor/predecessor is not applicable). Was there a difference in the leadership styles? Which leader do you think is more effective and why?
7. Include a personal reflection and identify two to three attributes you hope to emulate or avoid (based on studying this leader) in order to be a successful leader.

You are required to use at least two external sources to provide evidence in support of the leadership style displayed by your selected leader. The rationale should be justified; this should not be completed based on an opinion.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Below is a video that may help clarify these concepts:

• https://www.youtube.com/watch?v=zNyPg9DdaUQ

Here is a video to help break the assignments down for you as well:

• https://www.loom.com/share/3aca6c92d23046e89097bcd44e2fe3da

BOAT Framework

Technological developments in socio-political and communication means that firms should function in highly competitive international markets (Mehandjiev & Grefen, 2010). The markets tend to demand increased competence and develop compound products to address short-existent market openings. Consequently, there is pressure on resources, and the efficiency of personal firms inspires a high Virtual Enterprises (VEs) presence, whereby organizations amass forces in an attempt to handle the business openings. Typically, virtual enterprises disappear once the opportunity ends. When it comes to automated support for the VEs domain, there is an amalgamation of demand-pull and technology-push forces, and fast developments are evident in combining them. In this regard, the BOAT framework comprises aspects that describe a Virtual Enterprise e-business situation, and the letters represent Business, Organization, Architecture and Technology (Grefen, 2015).

Typically, the business feature depicts e-business goals or the economic theory for its being (Mehandjiev & Grefen, 2010). Consequently, this aspect responds to the query of the reason behind the existence of a precise e-business set-up or, basically, what should be attained. Additionally, the organization feature defines how firms are designed to attain the goals that the B aspect described. In this aspect, the core ingredients constitute business processes and organization structures, and here, the automated systems tend not to yet be in scope. On the other hand, the Architecture facet covers the automated information systems’ conceptual structure necessary in making the organizations that the O feature work has defined. Lastly, the Technology facet represents the technological recognition of the systems, which the A facet stipulates. Typically, the T feature tends to cover the tangible ingredients from communication and information technology, and they comprise hardware, software-only if applicable, as well as protocols.

References

Grefen, P. (2015). Beyond E-business: towards networked structures. Routledge.

Mehandjiev, N., & Grefen, P. (Eds.). (2010). Dynamic business process formation for instant virtual enterprises (Vol. 39). London: Springer.

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Describe the BOAT framework and discuss the possible ways in which these aspects are related to each other.

BOAT Framework