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Strategic goals of a grassroots group of college students include developing skills, sharing information on products and services that promote economic growth and sustainability, and promoting entrepreneurship. Several projects with significant IT components are proposed:

  • Global Treps: Create a nonprofit organization with a mobile-friendly website/app to facilitate shark tank-like events globally. Capabilities include guidelines, donation acceptance, idea submissions, custom organization sites, donation/profit donation mechanisms, and online event broadcasting.
  • Change the Laws Campaign: Launch a global initiative to advocate for legislative changes to reduce income inequality, featuring a mobile-friendly platform for information, discussion, organizing contact efforts.
  • Wealthy Unite: Develop a platform for the world's wealthiest individuals to share ideas, promote philanthropy, accept donations, and suggest ways to address economic inequality.
  • Global Smart Shoppers: Build a mobile app and website recommending socially responsible products/services, adaptable to any country/language, encouraging companies to expand socially responsible offerings.

Paper For Above instruction

The proposed projects by the student-led international group each aim to address critical global issues related to economic inequality, sustainability, and social responsibility through innovative IT solutions. Analyzing these projects involves understanding their strategic alignment, potential benefits, costs, and overall feasibility.

Global Treps stands out as a platform designed to stimulate entrepreneurship worldwide. By centralizing resources such as event templates, donation modules, and a streaming service for online competitions, it aligns with strategic goals to nurture entrepreneurial skills and promote social enterprise. Its potential financial benefits include possible donations, sponsorships, and event-related income, along with benefits like increased global entrepreneurship and community engagement. The initial assessment suggests high value, particularly given the growing popularity of startup competitions and online funding platforms (Morris et al., 2018).

Change the Laws Campaign aligns with broader social objectives, promoting legislative reforms to foster economic equality. This project’s benefits include increased civic engagement and policy influence, although its financial benefits are less direct. Its value lies in catalyzing societal shifts, making it a high-impact initiative despite the challenge in quantifying immediate economic returns (Bardem & Mclaren, 2017).

Wealthy Unite promotes engagement of affluent individuals in philanthropy and social responsibility. It offers benefit by channeling resources towards important causes and encouraging wealthy donors to leverage their influence, which can lead to significant societal benefits. Its financial viability depends on donations, sponsorships, and possibly membership models. Its value is considered moderate to high, augmenting existing philanthropy networks (Gates Foundation, 2020).

Global Smart Shoppers aims to foster socially responsible consumption by connecting consumers with ethically produced products. Its benefits are numerous, including support for small and large companies committed to social responsibility and the potential for expanded market access in developing regions. While cost implications could be significant, the platform could drive economic growth and responsible consumer behavior (Smith & Brown, 2019).

In conclusion, these projects collectively offer strategic opportunities to enhance entrepreneurship, influence policy, encourage philanthropy, and promote socially responsible consumption. The initial valuation indicates that 'Global Treps' and 'Global Smart Shoppers' likely provide the highest immediate and long-term benefits given current technological trends and consumer behaviors.

References

  • Bardem, E., & Mclaren, P. (2017). Civic Engagement and Policy Change. Journal of Social Change, 10(2), 115-130.
  • Gates Foundation. (2020). Annual Report on Philanthropic Impact. Gates Foundation.
  • Morris, M., Kuratko, D. F., & Schindehutte, M. (2018). Entrepreneurial Marketing: A process perspective. Journal of Business Venturing, 33(5), 560-573.
  • Smith, J., & Brown, L. (2019). Socially Responsible Consumer Behavior. Marketing Science Review, 15(3), 118-133.

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