Vtb's Business Model Essay

The challenges facing Mr. Bob Stetzel upon his arrival at VTB were many. However there are some which weigh heavier on the success of the organization than others. It is those challenges that will be highlighted in this report. One such problem is the constant influx of uneven demand for products and services – which suggests a lack of IT strategy connected to the business goals.

The major elements are cost efficiency, eliminating wastes, and researching future IT investments. In the IT Doesn’t Matter article, three main points were outlined, and they were spend less, follow, don’t lead, and focus on vulnerabilities, not opportunities. Overspending has always been a major issue in regards to applying new technology, and it is important to execute an IT budget for any organization. Office Depot adopted new technology to improve all of their operations, especially in the supply chain. They were able to increase efficiency, while modernizing their budget. Information technology can benefit any organization if they are researched thoroughly and will improve the business needs of the organization. If it will not improve the business needs, there is no need to invest in expensive technology. The most important phase in the system development life cycle is the systems analysis phase. The goal of this phase is to identify what problems need to be fixed and breaking down how the system will benefit all users. Therefore, the business needs need to be identified and outlined before new technology is adopted into an organization’s business model. Once new technology is applied, organizations must continue to research information technology. If organizations follow these elements of

1) How would you describe Vermont Teddy Bear (VTB)’s business model (the products and services it sells, target market/s to whom it sells them, the value proposition it offers, and its financial model)?

This review entails assessing the principal risks factors that are involved in Information System Projects and how they can be managed. Particular reference will be made to the case of FoxMeyer, a Healthcare facility which is a large drug wholesaler in the United States that had failed in implementing its Information System.

Verizon was started on June 30, 2000 when GTE and Bell Atlantic Corp merged. Verizon is a 21st century however the companies that composed Verizon have roots that date back to the 19th Century at the beginning of the telephone era. The merger of Bell Atlantic and GTE were among the largest mergers in U.S. businesses history. Prior to the merger GTE was one of the world's largest telecommunications companies. Bell Atlantic was even larger than GTE. In 1999, Bell Atlantic and London-based Vodafone AirTouch announced that they had agreed to create a new wireless business with a single brand and a common digital technology, composed of Bell Atlantic's and Vodafone's U.S. wireless assets including 22 million households and more than 2

Carlson Companies is known for being one of the leading privately held organizations in the United States. Carlson Enterprises has an existence in the business, marketing, travel, and hospitality industries. The IT division known as Carlson Shared Services, works as a service provider to all of the internal customers (Welcome to the World of Carlson, 2012). Carlson Shared Services supports a range of user applications and services. The IT division also uses a centralized data processing model that is designed to exceed the business operational requirements. The central computing environment contains an IBM mainframe and more than fifty (50) networked HP and Sun servers (Welcome to the World of Carlson, 2012). The mainframe promotes a broad range of applications. These include the Oracle financial database, e-mail, Microsoft Exchange, Web, PeopleSoft, and a data warehouse application. This paper examines the case study from this course’s the textbook that discusses

Many organizations are working with large amounts of data and important information that can be detrimental to the survival of their business, and organizations typically rely on information systems to manage and carry out their operations. Information systems can be described as an integrated set of components used for storing, collecting and processing data for providing information, digital products and knowledge (IMGI, 2006). For this paper, the strategic analysis decisions along with what we may need to watch out for pertaining URL for the IT field is discussed, along with the impact that these decisions will have on the company. Furthermore, the potential changes in IT related to innovation and organizational process is also reviewed,

Plan, manage and invest in IT related services within the company to maintain the electronically shared database.

There are questions that a company must address to help guarantee future success. Listed in this text are some questions that I will attempt to address: First, I will address how should companies prioritize the demands of various business units as they relate to IT; some factors that drive IT decisions; who or what is the moving force behind IT decisions; types of efficiency metrics and effectiveness metrics that IT should use; and issues with using financial metrics to evaluate IT.

2. Examine Newland’s strategy in light of the special circumstances in the industry. What is your recommendation for moving the company forward?

Once a strategic plan is in place, and a decision is made on which information systems will be put in place, one question remains: who should justify the capital layout for these systems – business (the functional proponents) or senior IT management? Decisions concerning large IT investments and capital layout should remain with the business. All investments cases, whether they are IT or business related, require approval by the business. It is important to remember that business are the proponents for business transformation, and they are solely responsible for demonstrating to stockholders, analysts, vendors and employees that there will be a noteworthy return on investment on information systems. With business being responsible for the business goals and strategies of the organization to all of its stakeholders, it also must also assume

With respect to the article, the 85% of the companies that fall to the less effective quadrant in IT governance can start adopting a Duopoly Governance Arrangement where both the CEO and CIO work together and make decisions jointly. With Duopoly, a committee can be formed to oversee IT decisions, rate the IT leadership by the CIOs & continuous monitoring managers within the organization in their decision making & oversight. However, some organizations do not adopt a duopoly governance arrangement due to its size. Therefore, the next governance arrangement that can be adopted by the organizations is the Business Monarchy where decisions are made by senior business leader. With this model, the business leader can ask for the financial manager’s help to identify the kinds of information and system the organization needs, perform cost-benefit analysis, evaluate options based on priority setting and needs assessment and determine what’s important and upgrade as benefit.

Like the other models the specialization business model can be conflated with freelancers, solution based businesses, and also first to market models. Like the solution based model, the specialization model can be scaled up or built with the purpose of being sold. This kind of business model is a step beyond the solution idea and combines the freelancer and the solution provider. One could even argue that this is a matured version of the solution business.

A business model explains the basis of how an association creates, distributes, as well as captures financial, communal, along with other shapes of importances. And also a business model is too implicit as a holistic way towards illumination how firms accomplish commerce .The business model theory is becoming more and more popular inside IS, supervision and plan literature. It is applied within a lot of fields of investigate, including equally traditional plan theory as well as in the developing organization of theory on e-business.

ABSTRACT - When a creator of earth might see the blue planet which he had created with fresh water air and forest he might only able to see smoke concrete building and garbage. There is a serious problem which is needed to be solved as early as possible. The problem is not how polluted the cities are, the major problem is that we are not doing anything to save our environment. Garbage is there at all the places, it’s been collected by different municipal cooperation at different cities. It’s been collected and then dumped at other places. Water pollution is a serious issue in India 70 per cent of its surface is covered with water resources and groundwater reserves are contaminated by biological, toxic, organic, and inorganic pollutants. Water source is unsafe for human consumption as well as for other activities, such as irrigation and domestic use. Degrading water quality can contribute to water scarcity