Strategic Clan 3 / Strategic plan 4
Running Head Real Estate 7
Bus 475 Integrated Business Topics
Type of company: Real Estate
New division introduced: It project management
New product/services rolled out: For sales signs with a text option to send link for virtual tours of homes to a buyer’s smartphone.
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External factors |
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economic |
The economic factor, in this case, will determine the balance of business services and services deliveries. The establishment of the real estate project will require the understanding of the state’s economy, where the entire company will require to be established in minding about profit making. The entire trends, in this case, will engage the current business rate and standard to help determine the methods that are currently in practice. This is through considering the new idea of sales signs that are targeted to be accessed by the buyer wherever he or she is since the transaction will also matter in a broad range of importance. |
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legal |
Considering the legal activities in the country, the company needs to be run under government regulatory system. This initiative always gives the company a chance to be counted as legal and permission is given out in the country for such business. In this case considering the real estate will make be verified and due permission given to the company. Therefore the establishment will just start out. |
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The organization will first scan the current state of the existing related services. This will initiate the idea of establishing the business by having enough knowledge on where the strengths and weakens stand at. In this case the introduction of the text option. Since this is very efficient to time consideration (McQuail, 2016). Although some challenges may include like network convection that can hinder in min terms of delay where delivering texts to the group having only one server output. For the business to be considered legal in the market, the government will scan out business and give the permit to the firm. |
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technological |
This aspect as it is considered externally there will be considered to the current dynamic world changes. This will matter in consideration in the quality of the product, simplicity, lifespan and other related aspect. Therefore this will be considering in making the company market and evaluating the source of the customers, in this case the real estate. Whereby the clients are required to get the texts via the new it project and considering that no such form of notification was there before. |
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Regulatory forces |
This includes the pushes that are experienced through the measures put for the business running in the state. In this case the guidelines are set to make procedure and other protocol on the business governance thus will be observed and applied to full task. This may include the security and rules put on application (McQuail, 2016). |
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The new division (IT project management management), the supply chain in this project will include different stake holders, who are teamed to give direction on market availability and service providing. The project involves the Invoc company in gadgets supply, quad-come to produce the software for the gadgets and Techstars solutions to make the host website for the project. |
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Internal forces |
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Legal |
Considering the company internal running of business. There are measures that should be put to make our IT projects runs efficiently and the workers involved adhere to the heath standards as set by the regulatory. The objective is the primary process of the ensuring there is clear and straight forward company that is recognized. From these, this can make the company be considers as certified and also be seen as a graded institution ion the real estate in this project will include different stakeholders, who are teamed to give direction on market availability and service providing. The project involves the Invoc company in gadgets supply, quad-come to produce the software for the gadgets and Techstars solutions to make the host website for the project. |
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goals |
In this project, there is planning of marketing to make the main ideas work where the task is oriented and coped with efficiently. The need of the customer will be catered with effectively since the board members will screw all these ideas and fix them will professional skills that will enhance total change. This will start from the members to the staffs; therefore the company will be reliable for the full project running. |
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structures |
The entire organization will be required to set up the structure that will accommodate the activities that are being held in. this will include the collection of raw material to the final product as is in the project channel. |
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culture |
When dealing with be the real estate, there is a need to look over the social and other practices that individual communities need. The effect that is accompanied with this is included through understanding the type of the customs that have the highest demand. Knowing what the community wants will give the company an excellent environment for initiating the needs. |
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Issues and opportunities |
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On my analyses I realized that is several challenges that exist in the real estate. The issues encountered in this plot included availability of data, the transactional nature since there is no keeping of secret in this type of organization. The need to interaction in profession, through the current experience of mobile commercial globalized area. |
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Considering the issue of the data loss, there is a lack of transparency where the deal and accuracy are interfered or ill processed. Keeping of dealt maintain the company where even a small hitch is a deal done to evaluate crumble occurrence through transactional nature (Imperatore and Imperatore, 2016). In the space of the users, there is that need to make the investors locate to the objective of aspired property that fully corresponds to the need they seem to have. In this field of real estate , the urge of applying all skills in the real estate have the leverage resources for importantly direct customers thus the step for making enough approach to continuation development should be implemented in (Utter and →, 2016). |
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Data analysis transparency, accuracy, and availability are all involved in to consider to give quality results. Transactional nature includes workflow, property searching and workflow (Imperatore and Imperatore, 2016). Space users include advocates, tenants to ensure there is the due process of the lease is run accordingly. Professional interaction also includes the mode of communication, clients and no brokers in this ceases thus to assist in direct and maintain a recommendable flow of interaction between the involved parties. |
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References
Utter, K. and →, V. (2016). 5 Common Real Estate Problems (and Their Solutions) - Clean Slate. [online] Clean Slate. Available at: http://bhgrealestateblog.com/5-common-real-estate-problems-and-their-solutions-2/ [Accessed 18 Nov. 2016].
McQuail, D. (2016). 10.2 Trends of policy and regulation. [online] Le.ac.uk. Available at: http://www.le.ac.uk/oerresources/media/ms7501/mod2unit11/page_34.htm [Accessed 18 Nov. 2016].