** Please see the attached file for the complete problem description **
Analyze the given case:
Given STM's situation, what recommendations would you make for STM to exploit its current advantage? What do you recommend for Jerry Budinoff personally?
Analyze only situation of industry when this case was issued, don't mention current situation in industry.
about 600 words© BrainMass Inc. brainmass.com October 17, 2018, 1:39 am ad1c9bdddf
STM's success so far had been a result of developing good software and supporting it. The company was far away from people, marketing, distribution, etc. Due to the boom in the software industry, there was huge demand in the industry for application software; hence the company grew by just providing software, without any long-term plan. However, to take advantage of market conditions, the company needs to develop a long-term plan that would provide a clear vision to the company as to how it would grow in the next 5-6 years. There are many areas where STM can do better than it is currently doing. Following are some recommendations for the company:
1. Offer standardized products: STM does not lack the technical expertise; in fact the company offers better systems than many other players. By servicing the healthcare industry for a long period of time STM had build a large repository of interrelated family of products. Some of these products, like the Patient Database and the In-Patient Billing and Administrative system can be reconfigured to meet demands of other industries. The company can provide a standardized solution for keeping record, billing, administration, etc. This would save cost and time required by the company to ...
This solution includes a detailed analysis of the given case.
Case Study Analysis - FOR BUSINESS ANALYSIS EXPERTS ONLY PLEASE!
If you can present this in a PPT format this will be most helpful! Use attached PPT as your guide. Thank you very much.
Please read the case study and provide input that will help me with a presentation and grasp understanding of the material and layout in a Story Board format (attached). This is to be an objective analysis. Key issues I'm interested in include:
a. What are the critical factors? How did the project(s) in the case study align, or not align with the organization's goals, and how did that alignment or lack thereof, contribute to the results. A full but concise analysis of the situation the business is in and how the actions taken were or were not in alignment with the organization's goals and how that contributed to business results. Include additional support and clarification around one or more of the situational findings in the case.
b. What are alternative solutions? How did the organization come to choose its project(s) and solution(s) and what were the advantages and disadvantages of those choices? Weigh alternative solutions and include a discussion of advantages and disadvantages of the choices. Challenge the results of the case study by describing other factors that might have impacted the results.
c. What is the recommended solution? What adjustments to the project selection process would you have made? Include support for the case or offer alternative project selection processes and criteria and defend how they would better apply in the case study. Include a number of other project selection processes and criteria and successfully defend elimination of those that weren't chosen.
d. What is the action plan? What recommendation do you have for this company to implement a better project selection prioritization process? Include clear analysis with more than one option or course of action that might be used to prioritize projects in the organization, recommend a methodology, and provide logical support for the recommendation. Assess the value of the options not chosen as well as supporting the recommended option.
Please do not copy, cut & paste text, copy from previous postings, or provide instructions on "how-to" from various internet sites as a response. I am also looking for perspective from an expert in this area or industry!
Thank you kindly for your assistance.View Full Posting Details