TapNet Business Plan Essay - 7528 Words

TapNet Business Plan TapNet Executive Summary TapNet.com (Trade Association Portal) represents a tremendous opportunity for its directors, partners and potential stockholders. 1.1 The Opportunity The Internet and specifically business-to business applications are expanding at a tremendous rate. Many companies and associations are entering this portal area to provide valuable products services to the industry and generate economic profit at the same time. TapNets Board of Directors saw this opportunity about year ago and has been fine tuning their concept and approach. Since this time, TapNet has moved forward and further developed the concept, gathered content and interacted with hundreds of potential customers around the†¦show more content†¦1.3 The Need for Additional Capital Currently TapNet has been funded by the resources from it Board of Directors. In order to truly develop a leading application site for the trade association, TapNet will require a tremendous infusion of additional operating capital. This capital will allow the development of new software technology, and provide the extensive promotional campaign that will be needed to accompany the site. Although the site could continue to be funded by the directors, there is tremendous opportunity for risk and profit sharing. Both the financial markets, as well as the American economy recognize the value of being able to build and service an â€Å"eCommunity† based on industry focus. Therefore, TapNet proposes to reform itself into a publicly held corporation, and reach out to these financial markets for capital required to become the leading online Resource for the Trade Association. 2. The Industry and TapNet’s Product(s) and Service(s) 2.1 The Trade Association Industry Trade associations are organizations of businesspeople engaged in furthering or protecting their mutual interests. Associations include professional, business, technical, and civic societies. Trade associations are believed to have existed in ancient Egypt and China. In Europe they came to prominence during the Renaissance when Venetian and other traders formed organizations for solving mutual political and financial problems. Present-day associations are derived

Techniques, methods and tools used in the project life cycle Free Essays

Introduction A Project is the combination of organizational resources pulled together to create something that did not previously exist and that will provide a performance capability in the design and execution of organizational strategies (Cleland and Ireland, 2006). Projects have a distinct life cycle, starting with an idea and progressing through design, engineering and manufacturing or construction through use by a project owner. For a project to be successful there are main things which are to be considered always, like the cost of the whole project, time that it’s going to take for it to be complete, the technical performance capability that it’s going to provide and be able to match the results with the design and execution of organizational strategies. We will write a custom essay sample on Techniques, methods and tools used in the project life cycle or any similar topic only for you Order Now This whole process in the other name it’s called Project Management. Project management is an important management tool to implement strategy and achieve an organization’s strategic goals. Organizations are using projects to adapt to changes in the competitive environment including increasing cost pressures, scarce available resources, global competition, new technologies and a race to get products to customers first (Hyvari, 2006). Projects deliver the most benefit when they are directly linked to corporate strategy (Crawford, 2006, Srivannaboon, 2006). Also, Project Management is a continuing process of controlling the development of a project from initial planning, to monitoring progress and finally to seeing the successful completion of the project. Every program, project, or product has certain phases of development known as life cycle phases. A clear understanding of these phases permits managers and executives to better control resources to achieve organizational goals (Kerzner, 2003). As a result, the project manager must learn to deal with a wide range of problems and opportunities, each in a different stage of evolution and each having different relationships with the evolving project (Cleland and Ireland, 2002). In this assignment, I’m going to discuss all the activities that are required and analyse some of the techniques, methods and tools used on the project life cycle. Also, I will discuss the skills and competences that project managers’ needs to possess. At the end, I will talk about the roles played by the stakeholders and the contribution of the computer packages towards the successful running of a major project. a) The Project Life Cycle refers to a logical sequence of activities to accomplish the project’s goals or objectives. Regardless of scope or complexity, any project goes through a series of stages during its life. There is first an Initiation or Birth phase, in which the outputs and critical success factors are defined, followed by a Planning phase, characterized by breaking down the project into smaller parts/tasks, an Execution phase, in which the project plan is executed, and lastly a Closure or Exit phase, that marks the completion of the project. Project activities must be grouped into phases because by doing so, the project manager and the core team can efficiently plan and organize resources for each activity, and also objectively measure achievement of goals and justify their decisions to move ahead, correct, or terminate. It is of great importance to organize project phases into industry-specific project cycles. WhyNot only because each industry sector involves specific requirements, tasks, and procedures when it comes to projects, but also because different industry sectors have different needs for life cycle management methodology. And paying close attention to such details is the difference between doing things well and excelling as project managers. Diverse project management tools and methodologies prevail in the different project cycle phases. Let’s take a closer look at what’s important in each one of these stages: 1) Initiation In this first stage, the scope of the project is defined along with the approach to be taken to deliver the desired outputs. The project manager is appointed and in turn, he selects the team members based on their skills and experience. The most common tools or methodologies used in the initiation stage are Project Charter, Business Plan, Project Framework (or Overview), Business Case Justification, and Milestones Reviews. 2) Planning The second phase should include a detailed identification and assignment of each task until the end of the project. It should also include a risk analysis and a definition of a criteria for the successful completion of each deliverable. The governance process is defined, stake holders identified and reporting frequency and channels agreed. The most common tools or methodologies used in the planning stage are Business Plan and Milestones Reviews. 3) Execution and controlling The most important issue in this phase is to ensure project activities are properly executed and controlled. During the execution phase, the planned solution is implemented to solve the problem specified in the project’s requirements. In product and system development, a design resulting in a specific set of product requirements is created. This convergence is measured by prototypes, testing, and reviews. As the execution phase progresses, groups across the organization become more deeply involved in planning for the final testing, production, and support. The most common tools or methodologies used in the execution phase are an update of Risk Analysis and Score Cards, in addition to Business Plan and Milestones Reviews. 4) Closure In this last stage, the project manager must ensure that the project is brought to its proper completion. The closure phase is characterized by a written formal project review report containing the following components: a formal acceptance of the final product by the client, Weighted Critical Measurements (matching the initial requirements specified by the client with the final delivered product), rewarding the team, a list of lessons learned, releasing project resources, and a formal project closure notification to higher management. No special tool or methodology is needed during the closure phase. Reference List Kerzner, H. (2003). Project management: a systems approach to planning, scheduling, and controlling (8th ed.). New Jersey: John wiley Sons Inc. Cleland, D.I, Ireland, L.R. (2006). Project Management: Strategic Design and Implementation (5th ed.). New York: McGraw-Hill, pp. 26 Cleland, D.I, Ireland, L.R. (2002). Project Management: Strategic Design and Implementation (4th ed.). New York: McGraw-Hill, pp. 32 Crawford, L., Hobbs, B. Turner, J.R. (2006), Aligning capability with strategy: Categorizing projects to do the right projects and to do them right, Project Management Journal; Jun. 37, 2; ABI/INFORM Global, pp.38-50 Hyvari, I. (2006), Project management effectiveness in project oriented business organisations, International Journal of Project Management, 24 pp. 216-225 Srivannaboon, S. (2006), Linking project management with business strategy, Project Management Journal, Dec; 37, 5; ABI/Inform Global, pp.88-96 How to cite Techniques, methods and tools used in the project life cycle, Essay examples

Telework An Analysis of the Benefits and Implications free essay sample

A detailed look at the advantages and disadvantages of telework. This paper depicts the notion of telework and its various aspects. It details why the world has turned to telework and what the advantages and disadvantages are in such a change. The author feels that in order to to shape these changes rather than just react to them, it is necessary to understand what telework offers to workers, employers and society. Technological advances have made telecommuting an attractive choice for employees because it gives them the flexibility to work almost at anytime anywhere. It could promote diversity and increase worker productivity, which also may mean an increased net income. In addition, telecommuting provides greater job opportunities for disabled members of the work force. This option allows employees the flexibility to manage family responsibilities or health problems without giving up their careers. Telework can bring equality and satisfaction to workers, as they may find their talents and realize their dreams with better time management and independence. We will write a custom essay sample on Telework: An Analysis of the Benefits and Implications or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Also the prestige of some occupations will not play that significant role any more with status becoming less visible due to infrequency of actual face-to-face communication. Getting accustomed with new technologies means adding value to one marketability in the future. Some teleworkers may eagerly trade off all possible drawbacks against an opportunity to learn more skills in terms of dealing with technologies and ability to be flexible and competent, as these former bottom-line workers will have to perform functions (and therefore possess expertise) of middle-line employees.

Inequality Causes and Consequences

Introduction The 21st century has been characterized by an emphasis on democracy and an upholding of the principle of equality which holds that selection is on a basis of merit.Advertising We will write a custom report sample on Inequality: Causes and Consequences specifically for you for only $16.05 $11/page Learn More Equality of opportunity has been pursued with the view of ensuring equal opportunity to all the members of the society. Despite this emphasis on equality, today’s world continues to be plagued by many social inequalities among people. Wilkinson (2005, p.51) suggests that social inequality is positively related to social vices such as homicide and racism and inevitably fosters social instability. With this recognition, many governments have sought ways to reduce social inequality in their respective countries. Many political systems have been formulated in a bid to overcome social inequalities with the aim being to eliminate social inequalities by distributing resources in an equitable manner among the members of the society. Considering the significance that the issue of social inequality holds for the well being of the society, it makes sense to explore the subject of social inequality and highlight its causes. This paper shall set out to report on Social Inequality: causes and consequences. This shall be in a bid to provide a better appreciation of the issue thereby leading to an enhanced understanding of social inequality and how it affects the society. Causes of Social Inequality While the 21st century has witnessed an increase in the access to education for most people, education still remains to be a cause for inequality. This is because the quality of the education offered depends on the context of the school or class. The reason for this is that different schools will therefore offer different qualities of education for varied reasons. Duru-Bellat (2004, p.47) reveals that school have unequal effectiv eness especially in countries where there is no minimum level of quality guaranteed. Another effect of education is that it influences a person’s social capital. Social capital is defined as â€Å"a person’s potential to activate and effectively mobilize a network of social connection on mutual recognition of proximity† (OECD, 2001, p.2). Social capital can be uses as private goods by an individual to achieve certain goals. An individual can use his/her accumulated social capital to from this social capital. This inequality is linked by social proximities where people cluster themselves into groups based on some common property.Advertising Looking for report on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Careers and jobs have also become a source of status distinction among people. Studies also indicate that the returns to skill (measure of the difference in earnings between more-skilled and less-skil led workers) have changed radically over the past 3 decades. From the 1980s, there was a heightened increase in the wage differential in the labor market (Ryscavage 1999, p.115). The main differentiating factors were by education or experience. Emphasis on education resulted in higher institutes of learning graduates earning more than similar workers who had only high school diplomas. Due to this shift, higher wages are paid to workers who are more skilled or occupy management and administrative positions than to workers involved in the manual section of the organization. It follows logically that income gaps attributed to education levels are significant since only a small proportion of the population get to pursue the highest levels of education. This observation implies that children of poorer parents are less likely to become rich in future than children of richer parents. Globalization has resulted in increased social inequality in developed nations. Globalization is a process characterized by major integration of economies and cultures. This trend is becoming rife and with it a shift in the way business and societies operate. Fligstein (2002, p.206) suggests that globalization is more of a gradual process whose impacts on economies are less revolutionary in nature. One of the outcomes of globalization is mass immigration as people move in search of job opportunities and better income. The immigrants and their children are disadvantaged as a result of â€Å"unequal distance† which exists between their native language and the language of their host country. Duru-Bellat (2004, p.33) asserts that the institutes in the home country are permeated by the culture of dominant groups and therefore, only those who inherit this culture can perform well. Another cause of social inequality is social stratification which is characterized by grouping people into different social classes. Some people in society are given more power and freedom as a result of their social class. Class stratification results in the society dividing itself into different classes of people mostly on the basis of economic wellbeing. The members of different classes have varying access to resources and power therefore creating a rift between the various classes. Dragos and Leskosek (2003) rightfully state that individuals with various characteristics do not start their lives in neutral or unstructured environments but rather, they are flung by education or even birth into various social spaces. These social spaces in some instances determine the opportunities that are available to them and therefore their achievements later in life.Advertising We will write a custom report sample on Inequality: Causes and Consequences specifically for you for only $16.05 $11/page Learn More Social inequality also occurs as a result of the gender of a person. The cause of this kind of inequality is mostly as a result of the dual roles of paid and unpai d workers that most women play in a capitalistic world. Male dominance results in women playing second roles since gendered job segregation results in males maintaining superiority over the women (Goldthorpe, 2009). In some countries, women are considered second class citizens and their economic options are significantly decreased therefore making them dependent on the men. Consequences Research suggests that social inequality may be a significant determinant of health. This is mainly because inequality results to a great difference in access to resources across the community which results in greater differences in health across communities. Health care acquisition thereby becomes almost an unattainable affair for the low earners since the cost of health care and a healthy lifestyle becomes more expensive in the community. Berkman and Kawachi (2000) articulate that social inequality leads to lack of solidarity and social cohesion thereby dramatically decreasing life expectancy also, the socioeconomic position of an individual has a direct relationship to their risk of heart disease and other lifestyle related illnesses. These assertions borrow from the psychosocial environment interpretations which theorize that inequality produces a social environment that ultimately affects the individual’s health. The linkage between inequality and crime is especially troubling. Yoonseok and Donggyun (2008) hypothesized that, as the income distribution becomes more bipolarized, the interaction between the two groups from the different sides of the income divide is further minimized. This in turn lowers both the expected future income of the poorer and their incentive to supply labor in the legal labor market is thus weakened. Findings indicate that the crime incentive for the richer is far lower due to high income while it remains heightened for the poorer (Yoonseok and Donggyun 2008). This is because individuals feel more frustrated when they belong to the low incom e group than high income group. This leads to antagonism by the low earners to the high earners which lead to the propagation of crime. Wilkinson (2005) also asserts that the relationship between inequality and violence is a robust one and poverty is independently associated with higher levels of violence. In recent years, studies to indicate the effects of income inequality have been sanctioned. It contended that inequality may hinder the economic growth of a nation (Boix, 2009). In the earlier days, income inequality was indeed a sign of economic growth since it marked the population shift from rural to urban with the urban population earning higher. As such, it was seen as a necessary condition of economic takeoff.Advertising Looking for report on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, Boix (2009) proposes that inequality leads to redistributive demands in the form of heavier tax burdens and lack of incentives for investors which lead to the slowing down of growth. In addition to this, inequality leads to instability to the political system which becomes characterized by riots, assassinations and even outbreak of civil wars. This state discourages investments thereby further plunging a nation into reduced earning. However, not all the consequences of social inequality are negative in nature and this inequality may result in progress in the society. Bernasek, an economic reporter for the New York Times contends that the effects of income inequality are not inherently adverse (Bernasek, 2006). She asserts that without inequality, there would be no motivation for anyone to earn more than the rest of the people. However, given the many adverse effects that sprout from social inequality, the virtue of inequality as a motivating factor seems to pale in comparis on. Dragos and Leskosek (2003) go as far as to state that social inequality should not be tolerated by any society since they go against the notion of benefiting everyone and results in disharmony. There is therefore a pressing need to come up with means that alleviate the gap in income thereby leading to a more harmonic society. Conclusion Inequality has been universally acknowledged as a major roadblock in the way for economic and social prosperity. This paper set out to outline the causes of social inequality and the consequences that arise from it. To this end, the paper has articulated the issue of social inequality that faces both developing and developed nations alike. The evidence presented herein suggests that globalization, education and a social stratification are some of the major causes of social inequality. From this paper, it is clear that social inequality has many negative impacts on the society. With recognition that social inequality results in gross injustices, s olutions should be looked for to address the problem. Whereas social equality may never be completely attained, increasing equality is an achievable goal that can be attained should the governments and other relevant institutes diligently measures to deal with the causes of inequality that have been outlined in this paper. A more equitable community will not only be harmonious but will also lead to more industrial growth hence a higher standard of living for most members of the society. References Boix, C 2009, The Conditional Relationship Between Inequality and Development, PS, Political Science Politics: Research Library Core, ProQuest. Dragos, S Leskosek, V 2003, Social Inequality and social capital. Institute for contemporary Social and Political Studies. Duru-Bellat, M 2004, Social inequality at school and educational policies, UNESCO: International Institute for Educational Planning. Fligstein, N 2002, The Architecture of Markets: An Economic Sociology of Twenty-first-Centur y Capitalist Societies, Princeton University Press. Goldthorpe, J 2009, â€Å"Analysing Social Inequality: A Critique of Two Recent Contributions from Economics and Epidemiology†, European Sociological Review, DOI:10.1093/esr/jcp046 OECD, 2001, The Well-being of Nations: The Role of Human and Social Capital. OECD Publishing. Ryscavage, Paul. â€Å"Income inequality in America: an analysis of trends† USA: M.W. Sharpe, 1999. Print. Wilkinson, G 2005, The Impact of Inequality: How to Make Sick Societies Healthier, Routledge. Yoonseok, L, Donggyun S, What Aspect of the Income Distribution Matters in the Crime Model?. Web. This report on Inequality: Causes and Consequences was written and submitted by user Kelly E. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. 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