Strategies for the Digital Economy Assignment

Assignment Task

Details

1. Develop, or evaluate a strategy for an organisation of your choice - that enables it to succeed in the digital economy, through innovation. Select one of the following themes:

2. Rapid application development environments

3. Digital media and marketing technologies

4. Big Data

5. Internet of Things (IoT)

6. Blockchain technologies

Create an implementation plan for the selected theme, that leverages relevant digital technologies to gain strategic advantage, through change.

Further Details on Requirement

Critical evaluation of current status

Critically evaluate a strategy for an organisation of your choice - that enables it to succeed in the digital economy, through innovation, focusing on one of the above mentioned themes

i. Identify the key issues facing the organisation in relation to the chosen theme – by analysing its current situation

ii. Identify which areas within the selected theme you are suggesting should be improved.

iii. Justify why you have chosen these particular areas for improvement and how they are critical to the success of the strategy for the selected theme.

Recommendation and implementation plan

Make recommendations for the selected theme that leverages relevant digital technologies to gain strategic advantage, through change, for your chosen organisation. Create an implementation plan for your recommendations on your chosen theme

i. Create an appropriate project plan to implement the selected strategy.

ii. Identify the key performance measures to monitor the success of the strategy - on a regular basis.

iii. Identify the key processes to be fulfilled, to ensure the success of the implementation plan.

iv. Identify and discuss the importance of the appropriate relevant digital technologies needed - to ensure success of the selected strategy.

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