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Gap Analysis

Essay by   •  June 5, 2011  •  2,428 Words (10 Pages)  •  972 Views

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In the interests of thriving in today's competitive business society, companies must take a proactive approach in aligning its processes and designs to adapt to the changing nature of business and consumers. This consists of auditing and improving internal and external processes, capacity planning, evaluating consumer trends respective to the market of interest, identifying potential market growth opportunities and producing innovative offerings. Implementing these business tactics helps companies to anticipate and plan for market flux by employing new strategic initiatives that addresses consumer expectations and corporate growth objectives.

Although a proactive strategy may be an ideal approach in the business realm, this method is not always favored due to perceived and actual threats, lack of planning and resources, poor management and the nature of the volatile consumer and business market. This is exemplified in the Kuiper Leda simulation.

The purpose of this analysis is a develop a strategic road map that will help Kuider Leda improve its current processes to address the current concerns of its potential vendor and position them to produce the capacity to growing demand

align its current business processes with its end state goals by employing the 9 step problem solving modela

Situation Analysis and Problem Statement

In order to compete effectively, Kuiper Leda must As a result, companies must adapt accordingly to mitigate further adverse risks as presented in the Kuiper Leda Simulation. In addressing Kuiper Leda's current market challenges an effective analysis has been prepared for the purpose of developing a road map to help KL align its current business processes with its end state goals. By employing the 9 step problem solving model, Kuiper Leda will be able to address its problems from a systematic approach and that will clear understanding of its problems and developing a sound strategy that renders an effective solutions that addresses these concerns.

Presently Kuiper Leda lacks the capacity to mass produce RFIDs.

Utilizing an effective analysis tool helps companies pursues its corporate objectives in a structured manner. Using a structured approach

Developing an effective strategy that benefits the interests of both, consumer and business comprise of implementing a strategy that competes on cost,

The purpose of this analysis is to identify the opportunities and challenges associated with Kuiper Leda's potential new client. Currently it has been noted that Kuiper does not possess the capacity to mass produce RFIDs. With this concern, KL must identify and implement a convincing that will persuade its potential new client that Kuiper has the resources addresses its client's demand

Situation Analysis and Problem Statement

Kuiper Leda has recently engaged in conversation with a potential major customer to provide Radio Frequency Identification Devices (RFID). The client has identified its annual supply needs, which is substantially greater than current production levels at Kuiper Leda. Management at Kuiper Leda understands how this business can accelerate its corporate growth and increase market share. However, management must upgrade its systems and operations infrastructure or consider outsourcing in order to acquire this new business.

In order to compete effectively in the electronics industry, Kuiper Leda must develop an order fulfillment system that will 1) manage cost, 2) control quality 3) improve production timing & overall efficiencies.

Implementing new strategic initiatives should be measured against

This assessment must include: the development of a proforma, infrastructure, market positioning and timeline.

Harrison-Keyes must produce innovating offerings, improve the functions of management, demonstrate strong leadership, implement a more appealing pricing model, and commit to a shared vision in order to address consumer demand and position itself as a global leader in the industry of publishing. Developing a sound strategy and a unique implementation plan will help HK address this problem.

Harrison-Keyes Strategy & Unique Implementation Plan

A Project Implementation Committee will be formed to ensure timely delivery, a strategic production timeline and an effective implementation planning process regarding HKs' new initiatives. In addition to developing an effective strategy, HK will implement a unique implementation plan to facilitate the development and implementation of their proposed initiatives. This plan will be spearheaded by William Guardo, HKs' newly hired CEO, who will be responsible for selecting and delegating responsibility between departmental heads of the PIC team. The role of the PIC team in the implementation phase will consist of building a ProForma and developing a white paper for Guardo to submit to the Board for approval.

Build a ProForma

Based on the completion and approval of the ProForma, each business head will interpret project requirements and allocate organizational resources needed for implementing the project. This will require an in-depth planning analysis from Human Resources, Sales, Operations, Administration, Information Technology, Finance/Accounting and other business units.

Develop a White Paper

In order to assess the financial feasibility of the new proposed initiatives, HKs' financial department will need to prepare a cost-benefit analysis. This white paper will provide a snap-shot of the Return on Investment (ROI). The role of the selected Project Manager in this phase will consist of working with all applicable parties to develop and modify a time-action calendar throughout the implementation process.

Board Approval

Harrison-Keyes CEO, William Guardo will provide an in-depth overview to the board for approval. This overview will include project costs, sales projections, brand implications, strengths, weaknesses, opportunities and threats.

The previously mentioned implementation strategies will help determine the scope and feasibility of the proposed initiatives. It will also promote a productive work environment, effective implementation and communications amongst the Project Implementation Committee.

In selecting feasible initiatives for implementation, an Evaluation and Risks Matrix has been prepared. These matrices were utilized

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