FINAL PROJECT: D A Framework for Comparison: S.W.O.T. Analysis Focus on NRI Pillar FINAL PROJECT: ICT Coordinator • Worth 100 points – due last day of class • Consider that you have just been appointed the “ICT Coordinator” for 1 of the 8 regions that we have reviewed in class. • Create a strategy to move the region forward in regards to ICT Networked Readiness. Please use concepts, frameworks and examples found in the readings (handout or your textbook). • The “Plan for the Region” should be between 5 and 10 pages in length. Make sure that you explain all the factors of the environment that must be changed, radically changed or supported. • Be creative however, consider resources and governments in the area. What can you change and what will meet resistance? Consider creating a SWOT analysis of the region – if you obtain this analysis from the Internet – make sure you document the source and then add your analysis to the segment. SWOT Chart • Chart Analysis: • Strengths, • Weaknesses, • Opportunities • Threats • Assessment under a regional environment • Region’s market environment • High-income markets (Brazil, Mexico and Chile) • Emerging markets (Costa Rica, Colombia and Uruguay) • Developing, low-income markets (Bolivia, Guatemala and Haiti) Build a SWOT Matrix • List key internal strengths • List key internal weaknesses • List key external opportunities • List key external threats • Match internal strengths with external opportunities and record the resultant SO Strategies in the appropriate cell. • NOW – I KNOW – that on the Internet - there are many SWOT matrix recapping our various countries. If you use one of them – you MUST document –and then explain what you found! Strengths Weaknesses Large, young Internet avid population. Common language and cultural identity Qualified intellectual capital at low cost Abundant potential consumers via the Internet Pervasive IT illiteracy Acute imbalances of income distribution Deficiencies in the rule of law Corruption and political instability Inefficient legislative bodies Poor venture capital infrastructure Government can jump-start usage Handful of companies committed to IT Adaptation of maquila skills US Hispanic heritage as ecommerce detonator Lucrative low income consumers with pent-up demands SME and government bureaucracies slow adaptation Political and economical instability Antiglobalization movements Potential social disturbance due to deterioration of living conditions. Opportunities Threats Building a More Complex Matrix • Match internal weaknesses with external opportunities and record the resultant WO strategies • Match internal strengths with external threats and record the resultant ST strategies • Match internal weaknesses with external threats, and record the resultant WT strategies. Always leave Blank Strengths (S) 1. 2. List Strengths 3. Weaknesses (W) 1. 2. List Weaknesses 3. Opportunities (O) 1. 2. List Opportunities 3. SO Strategies 1. 2. Use strengths to 3. take advantage of opportunities WO Strategies 1. Overcome 2. weaknesses by 3. taking advantage of 4. opportunities Threats (T) 1. 2. List Threats 3. ST Strategies 1. 2. Use strengths to 3. avoid threats WT Strategies 1. Minimize 2. weaknesses and 3. avoid threats 4. Review SWOT Matrix • Strengths-opportunities (SO) strategies in which the organization uses its internal strengths to take advantage of external opportunities. • Weaknesses- opportunities (WO) strategies, in which the organization attempts to overcome weaknesses by taking advantage of external opportunities. Continued Review • Strengths-threats (ST) strategies, in which the organization uses its internal strengths to fend off external threats. • Weaknesses-threats (WT) strategies, in which the organization develops approaches to reducing its internal weaknesses and avoiding external threats. E X A M P L E STRENGTHS 1. Profit margin increased. 2. Employee morale is high 3. New computer information system. 4. Market share has increased. WEAKNESSES 1. Legal suits have not been resolved. 2. Plant capacity has fallen. 3. Lack of strategic planning 4. Dealer incentives have not been effective. OPPORTUNITIES 1. Western European unification 2. Rising health consciousness. 3. Free markets arising in Asia. 4. US/Mexico NAFTA STRATEGIES (SO) 1. Acquire food company in Europe. 2. Build plant in Mexico. 3. Develop new healthy soups. STRATEGIES (WO) 1. Form a joint venture to distribute soup in Europe. 2. Develop new ethnic products. 3. Create a plan for markets in Asia. THREATS 1. Unstable economies in Asia. 2. Tin cans are not biodegradable. 3. Low value of the dollar. STRATEGIES (ST) 1. Develop new microwave TV dinners. 2. Develop new biodegradable soup containers. STRATEGIES (WT) 1. Close unprofitable European plants. 2. Diversify into nonsoup foods. F R A M E W O R K Political & Regulatory Environment Business and Innovation Infrastructure & digital content Readiness Affordability Skills Individual Usage Business Government Economic Impact Social Impacts 10 Pillars • Pillar 1 – Political and • Pillar 6 – Individual Regulatory Environment • Pillar 2 – Business and Innovation Environment • Pillar 3 – Infrastructure • Pillar 4 – Affordability • Pillar 5 – Skills Usage • Pillar 7 – Business Usage • Pillar 8 – Government Usage • Pillar 9 – Economic Impacts • Pillar 10 – Social Impacts. Environment Subindex Political and Regulatory Business and Innovation Environment Assesses the extent to which a country’s market conditions and regulatory framework support entrepreneurship, innovation, and ICT development. Readiness Subindex Measures the extent to which a country has in place the infrastructure and other factors supporting the uptake of ICTs. Infrastructure Affordability Skills Environment Usage Subindex Assesses the extent of ICT adoption by a society’s main stakeholders: Government, businesses, and individuals. Individual Business Government Environment Impact Subindex Gauges the broad economic and social impacts accruing from ICTs. Economic Social Environment NRI Pillars • Select one SubIndex –and explain the concept and then your strategy to improve the country. • I need to hear your voice within the content. • Make sure you cite your sources. PROJECT D: ICT SUMMARY: (Worth 100 points – DUE LAST DAY OF CLASS) Consider that you have just been appointed the “ICT Coordinator” for 1 of the 8 regions that we have reviewed in class. Create a strategy to move the region forward in regards to ICT Networked Readiness. Please use concepts, frameworks and examples found in the readings (handout or your textbook). The “Plan for the Region” should be between 5 and 10 pages in length. Make sure that you explain all the factors of the environment that must be changed, radically changed or supported. Be creative however, consider resources and governments in the area. What can you change and what will meet resistance? Consider creating a SWOT analysis of the region – if you obtain this analysis from the Internet – make sure you document the source and then add your analysis to the segment. Important Note: Plagiarism or the purchase of papers will result in automatic failure (“F”) for the course. My Rubric – The Assignment Objective Organization of the paper Integration of source materials The Paper is off the assignment. It does not meet the requirements. No introduction, not an easy read. The paper does not have a conclusion. There are times when sources are not cited and obviously not the author's words. Paper meets some of the aspects of the assigned requirements. Intro is weak, paragraphs are unlinked. The paper has redundant info. Conclusion is weak. Paper follows the assignment at a better-than-average level. Paper meets all the requirements of the assignment. It is exciting to read. Intro is clear, paragraphs are developed, but has weak conclusion. The intro is captivating. Paragraphs are fully developed and have a logical flow, good transitions, and a persuasive conclusion. The author has a good sense of what is a credible source. Sources are not always cited correctly. There are reputable sources to support the argument in the paper. The author correctly introduces each paraphrase, summary and quotes in the sentence and sources are listed. Plagiarism and Other Forms of Cheating: Any student who plagiarizes work for these course assignments will fail the course. Plagiarism includes but is not limited to the following: • Submitting someone else’s written work – from the Internet, another printed source, or another student, as if this material were the students. If using such material, the student must document the source within the submitted paper. • Submitting work that paraphrases the language, ideas or structure of someone else’s written project without acknowledgement.