9-1 final presentation
samet
Businessimplemenationplan2.pptxBusiness Implementation Plan and Audiovisual Presentation
Abdussamet akca
02-13-2022
Introduction
Defense industry is one of the most critical projects in any country
It often tends to be costly projects to undertake
The industry essentially requires a great deal of financial resources to facilitate its operations
Additionally, human resources are also a critical requirement in this context
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Its relevance significantly relies on the provisions of the prevailing technology
Advancements in technology affects implementation of a business plan in this sector greatly
This implies that shifts in technology during the plan’s implementation critically interfere with the actualization process
Defense industry should manifest continuous production if it has to remain relevant
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The primary provision that facilitates this continuous production is the use of robots
These robots amongst other sophisticated relevant technology ensures efficiency in the production
Also, the involvement of robots aims at minimizing costs in the production
Defense industry tends to be a sensitive and controlled sector as countries upholds the concept of uniqueness in this field
Focus of this business implementation plan
The primary focus will be developing technological equipment needed in the defense sector
Also, it will focus on the critical issues that affect people’s lives; an excellent example is the environment
This implies actualization the project under the provisions of the law that gives guidelines on how to harmonize business’s operations and these critical issues (Sherkow et al., 2021)
Furthermore, the relevance of quality and ethics will be considered adequately
Project’s leaders and key staffs
Project sponsor; the person behind the definition of the success criteria. He has a remarkable reputation of having undertaken the same role for other three mega projects perfectly.
Project manager; will be responsible for organizing, planning and directing the implementation process. He has a relevant experience of ten years.
Human resource manager; responsible for hiring, leading and directing routine activities. They manifest an undisputable experience with a governmental institution
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Financial manager; responsible for financial well-being of the business project. They have a-nine-year experience in relevant projects and is a part-time assistant financial manager at a reputable financial institution in the country.
Technology manager; responsible for overseeing all implementation specialists and processes. They have manifested an undisputable work record for a significant period.
Critical necessities in defense industry
For the defense industry to remain relevant and attain success, the following provisions are required:
- Financial resources
- Human resources
- Relevant technology
- Materials
- Acceptable documentations from the authorities
These provisions have to be coordinated comprehensively and adequately to realize the presumed goals
Financial resources
A business implementation plan in defense industry will involve enhanced financial resources
This implies that financial constraints is a threat to realization of the perceived plan
Financial resources are important in acquiring right technology and necessary materials
Finances are key in ensuring excellent mobilization of all resources towards attaining expected efficiency
Human resources
Human resources who are highly skilled are essential for the project’s success
This implies that the implementation plan should emphasize on the concept of outsourcing skilled labor keenly
They often tend to be critical in facilitating both tactical and strategic roles designed to attract success of the project
For instance, automating various roles by use of technology needs a technology expert
Technology
Acquiring right technology in the implementation plan should be given maximum sensitivity
Some critical technology requirements will often be outsourced from other companies
This concept will be primarily emphasized by the relevance of robots in the production
Since the defense industry tends to be a sensitive provision, restriction aimed to protect leakage of know-how will be upheld
Materials
This involves all components required to realize the objectives and goals of the project
The implementation of the plan critically relies on the availability of the materials
Parties involved in supplying the key components should be approved of their competence and reliability
The procured material should be of high-quality that meets the expectation of the company
Legal documentations
This provision proves to be essential in ensuring the company’s operations are legal
Proper documentation from the relevant authorities will be a requirement before commencement of the project (Hochscheid et al., 2019)
These authorities will involve governmental institutions and relevant governmental regulatory organs
Acquiring legal documents such as patents licenses ensures that the business gains legality
Further necessities
Furthermore, the project will involve other key stakeholders that include:
- Shareholders
- Customers
The reason why they will be incorporated in the plan is because they play a key role in the business
Other stakeholders will be incorporated in the business strategically through the provision of their feedback
Strategies to enhance the success of the plan
Involvement of robots in the implementation to enhance efficiency
Also, these robots will facilitate the need to minimize costs of operations
During the relevance of this provision, robot’s technology will be expected to maintain consistency during the entire process
The company will engage many suppliers; this will emphasize the needed effectiveness and efficiency since it will be convenient to switch from one supplier to another
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Continuous production geared towards meeting set targets; this will be necessitated by constant application of robots
In addition to robots, deployment of other sophisticated technology towards preventing cases of failure will be appreciated
The considered human resources will be comprehensively evaluated towards deploying high-skilled personnel
Enlightening the companies employees of the ethical requirements to be observed to ensure that their practices are ethically sensitive
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Another concept that needs to be appreciated critically in this context is the provision of communication
An effective and reliable language will be deployed as a key tool towards attaining constructive communication in the process
This will find great relevance especially when doing business transactions with other stakeholders
Significance of the project
During the actualization of the project, much concern will be to benefit the immediate community
The implementation of the project is expected to create job opportunities to many of the immediate population
Many people will be engaged to provide services such as accounting, financial advisory, and technologists amongst others
This will be associated with ultimate improvement of their living standards
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The business is expected to prioritize the concept of environmental conservation primarily through corporate social responsibility (Simpson et al., 2020)
Significant emphasis will be invested on the issues of environmental pollution
The primary aim will be to enhance the environment as a better place for the immediate society
Also, the generated revenue will be channeled to the establishment of critical social infrastructures such as health centers to benefit the immediate community
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Furthermore, the project will create a reliable market for the local resources
Most of required materials will be sourced from the immediate locality
Additionally, the project proves to be critical in enhancing the country’s overall security
Presence of the company in the country ensures availability of defense equipment and at considerably lower costs
Potential challenges
Occasional international conflicts often affect business activities between nations adversely (Sethi, 2007)
This will inconvenience movement of products across borders
Also, some other countries may tend to impose enhanced taxes and tariffs on products from other countries
These implications manifest a significant challenge as the company’s international relevance is concerned
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Economic factors such as inflation rates, interest rates and taxes income levels also manifest a remarkable threat to the success of the project
This concept tends to interfere with the well-being of the business environment critically (Masters et al., n.d)
The adversity of the same poses a possibility of limiting the company’s net incomes which may turn to be devastating
Precautions to be taken
The adopted technology provisions should remain relatively stable in the course of implementation
The standard specifications must always be met in all dimensions of the implementation
Language barrier should always be addressed with immediate urgency especially when dealing with potential stakeholders
Ensuring that legal documentations are always up-to-date
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Ensuring emphasis of ethical provisions in all of the company’s dimensions
The process should ensure that it observes all environmental provisions
Deployment of robots versus that of human resources should be balanced
Relevant appeal
Accordance of occasional tax relief by the government
Constructive mutual business relationships with the locals
Positive response from all stakeholders when needed
Favorable managing regulations by the government towards creating a conducive environment
Conclusion
The implementation of project requires comprehensive deployment of human, technological and financial resources
Also, it will be expected to uphold relevant legal and ethical provisions
It manifests remarkable benefits such as job and market creation
However, it faces potential challenges that involves implications of economic factors and international conflicts
The success of the project requires appreciation of sensitivity and quality
References
Hochscheid, É., & Halin, G. (2019). Micro BIM adoption in design firms: Guidelines for doing a BIM implementation plan. In Creative Construction Conference 2019 (pp. 864-871). Budapest University of Technology and Economics.
Masters, W. L., & Style, A. P. A. analysis of cross-cultural economic and geopolitical factors paper.
Sethi, D. (2007). THE IMPACT OF GEOPOLITICAL FACTORS ON INTERNATIONAL BUSINESS. Journal of International Business Strategy, 7(2).
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Sherkow, J. S., Barker, K., Braverman, I., Cook-Deegan, B., Durbin, R., Easter, C., ... & Greely, H. T. (2021). Ethical, legal, and social issues in the Earth BioGenome Project. Ann and da Silva, Manuela and Torrance, Andrew W. and Greely, Henry (Hank) T., Ethical, Legal, and Social Issues in the Earth BioGenome Project (March 25, 2021).
Simpson, B., Robertson, J. L., & White, K. (2020). How co-creation increases employee corporate social responsibility and organizational engagement: The moderating role of self-construal. Journal of Business Ethics, 166(2), 331-350.
