What strategies might be required to mitigate the business risks? Is it more difficult or costly to mitigate one type of risk than another?
This week focus on finding the evidence for your project proposal guided by your PICOT question and critically appraising that evidence. There are many resources available to you and a few examples are provided below.
July 1, 2021What are some of the first actions you will take being the Change Champion for this new process? Discussion 1
July 1, 2021What strategies might be required to mitigate the business risks? Is it more difficult or costly to mitigate one type of risk than another?
What strategies might be required to mitigate the business risks? Is it more difficult or costly to mitigate one type of risk than another?
Strategy Project Assignment Part Two: Each individual team member will analyze CISCO HEALTHCARE TECHNOLOGY potential opportunity in two different countries (China and Vietnam), using macro-level business and economic indicators of POLITICAL, ECONOMIC, SOCIAL, TECHNOLOGY, ENVIRONMENTAL AND LEGAL opportunity and risk and specifying trends that are likely to affect the country’s business and economic potential over the next 3-5 years. This is an individual written assignment.(9% of course grade)
For each of the selected countries, compare :
1. Market Opportunity. For example, you may use Five Year Economic Forecast, including GDP and Personal Disposable Income (PDI) as indicators of ECONOMIC opportunity;
2. Country Risk (Threat) Factors (If you use a Risk Rating, specify the factors that constitute the risk); including political, economic, social, technological risks
3. Business Environment. (If you use an overall rating, specify the factors that constitute the business environment rating; e.g., are they POLITICAL, ECONOMIC, SOCIAL, TECHNOLOGICAL, LEGAL indicators?) (Opportunity or Threat?)
4. e-Business Readiness Rating or a similar measure of ability to provide TECHNOLOGICAL support via electronic business communications. (Opportunity or Threat?)
Read the rationale behind any ratings and dig deeper by reading EIU news stories and other sources about the political, economic, financial, business and regulatory environments in each country. Whenever you use a rating from a source, include a brief summary of the main country conditions that contribute to the ratings.
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