Strategic Information Systems Project Second Research Paper ✓ Solved
5 Strategic Information Systems Project Second research paper You
You will research Strategic IS/IT-related initiatives that a real-life company is considering or has implemented. It is highly recommended to select an existing company or organization that you are familiar with to achieve a more practical understanding of a strategic IS/IT initiative within the company and to obtain more contextualized information about the initiative.
Your case writing will cover the following questions:
- Introduction to the company - A brief explanation of the company - The opportunities and/or threats which the company has faced (e.g., using SWOT)
- Strategic IS/IT Initiative (pre-implementation) - What is/was the strategic IT initiative? - What is/was the expected value of the initiative (financial and non-financial)? - A description of the decision-making process - A project plan of implementation processes
- Strategic Analysis (pre- or post-implementation) - A cost-benefit analysis - A risk analysis (anticipated or emerging)
- Discussion and Conclusion - Evaluation of the materialized value/outcomes of the initiative - Suggestions for further actions for successful diffusion and value creation.
Format research paper -#2 Use the APA version 7 style to write your paper.
Paper For Above Instructions
Introduction to the Company
For the purpose of this research paper, I have selected Amazon.com, Inc., a multinational technology company based in the United States. Founded by Jeff Bezos in 1994, Amazon started as an online bookstore and has expanded to become a global leader in e-commerce, cloud computing, digital streaming, and artificial intelligence (AI). The company's strategy of customer-centric innovation has led it to develop numerous initiatives that seek to enhance customer experience and streamline operations.
Amazon faces both opportunities and threats that can be analyzed using the SWOT framework. One significant opportunity is its continued expansion into international markets, which can increase its customer base. However, it faces threats such as intense competition from other retailers like Walmart and emerging technologies that can disrupt its business model. Additionally, issues regarding data privacy and compliance with regulations can create vulnerabilities for the company.
Strategic IS/IT Initiative (Pre-Implementation)
Amazon is currently implementing a strategic IT initiative termed "Amazon Go," which utilizes AI, computer vision, and sensor technology to create a checkout-free shopping experience. The expected value of this initiative is both financial and non-financial. Financially, it aims to reduce operational costs associated with traditional checkout processes, thereby increasing profitability. Non-financially, it enhances the customer experience by reducing wait times and offering a seamless shopping journey.
The decision-making process involved extensive market research and technological evaluations. Amazon’s leadership identified the need to innovate the retail experience to keep pace with customer expectations. A detailed project plan outlines the development of the necessary technology infrastructure and implementation strategies, including location selection for pilot stores and staff training programs.
Strategic Analysis (Pre-Implementation)
A comprehensive cost-benefit analysis reveals that the initial investment in technology and infrastructure is substantial. However, the long-term savings on labor costs and increased customer satisfaction would yield significant returns on investment (ROI). The anticipated risks include technical failures, consumer acceptance, and potential legal ramifications related to privacy concerns.
Discussion and Conclusion
Evaluating the outcomes of the Amazon Go initiative thus far suggests that it has successfully positioned Amazon as a leader in retail innovation. Reports indicate that stores have lower operational costs and positive customer feedback regarding the shopping experience. For further actions, Amazon should focus on marketing its unique value proposition and continuously optimizing technology based on consumer feedback to drive further adoption and value creation.
In conclusion, the ongoing implementation of strategic IS/IT initiatives, such as Amazon Go, is crucial for companies like Amazon to maintain their competitive edge while addressing future market challenges. The intersection of technology and customer experience will play a pivotal role in shaping the future of retail.
References
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- Ferdous, D. (2018). Opportunities and threats in the retail sector: A SWOT analysis of Amazon.com, Inc. Business and Economics Research Journal, 9(2), 44-58.
- Grewal, D., & Levy, M. (2018). Marketing. McGraw-Hill Education.
- Kebede, K. (2021). The transformation of retail: The Amazon effect. Marketing Intelligence & Planning, 39(3), 332-345.
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- Wang, Y., & Kim, D. (2022). Examining consumers' acceptance of Amazon Go: The role of trust and convenience. Journal of Retailing, 98(2), 123-136.