Evaluation of the Company Stakeholder Responsibility and the Bottom Line

Evaluation of the company stakeholder responsibility

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Evaluation of the Company Stakeholder Responsibility and the Bottom Line Stakeholders responsibilities are: to educating developers financing projects creating scheduling parameters setting milestone dates
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STRATEGIC INFORMATION TECHNOLOGY PLAN 13 Stakeholders also have ethical obligations as well. They have the responsibility to report exceeding their budgets and reporting scheduling oversights or failure to meet milestone dates. Stakeholders review the deliverable prooducts. The stakeholders are very important to the projects. They must explain the project. Also, they must provide details and a financial plan. Stakeholders must communicate with others throughout the project. They must take ownership for the products delivered. McGrath and MacMillion’s Twelve Factors Evaluation Demand for the Product The demand for Apple products are very high. As soon as they create one iPhone in a few months they launch another one. It is hard for Apple to keep up with the demand for their products. In countries customers are willing to pay more for Apple products. Factors that could block success of an Innovation The market factor deals with the commercialism cycle of the products or services being developed. When innovation is taken to the market it is called commercialism. It is measured by sales, promotions, and distribution. The strategic factor is how the organization will handle the competitors. The process factors have some major things put into place they are cross-functional team, them must be responsibility taken from being to end, there must be a strong leader in charge, team members are committed, and communication should take place amongst the team. Organizational factor is when the organization can adapt to change. The behavior of the organization is also influenced by this factor. The members in leadership helps the teams to overcome obstacles. Apple has a mission set. The direction of the organization has already been established. The goals and objectives must be understood as well. “After the mission statement.
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STRATEGIC INFORMATION TECHNOLOGY PLAN 14 The firms establish its goals and objectives” (White & Bruton, 2011). These helps with the innovation of the organization and what is trying to be accomplished. Likelihood of Strong Competitive Response Apple Faces Competition The products that Apple creates are more fascinating than the competition. When Apple created the iPhone in 2007. The competition tried to recreate the same phone but, was not successful. Samsung started creating the Galaxy Note to try and compete. The screen was large than the iPhone screen. Apple then changed the screen of the iPhone. The screen was vertically changed but, the width did not change. Apple then created the iPad. The other tablets were no competition to this tablet. Other companies figured the way to compete would be to change the screen size of their tablets. According to Montgomery, Chapman Moore, & Urbany (2005), the likelihood of competitive reactions depends on: 1. The characteristics of the firm taking the action.
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