Information Management Strategy for Coffee Construction Australia
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This report suggests an information management strategy for Coffee Construction Australia, a medium-sized construction firm that delivers a broad range of civil projects. The report discusses the strategic plan, business drivers, guiding principles, impact on clients, information and technology trends, significant business trends, and key strategies.
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Running head:STRATEGY REPORT Strategy Report:Coffee Construction Australia Name of the Student Name of the University Author Note
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1 STRATEGY REPORT Executive Summary The purpose of the report is to suggest information management strategy for Coffee Construction Australia. Coffee Construction Australia is an old style firm. Since it is an old style family based firm, it has not embracedany modern technology. However, lack of embracingmodern technology makes it difficult for the organization to manage large volume of projects. Due to this, the Board of Directors has become very concerned about the reputation and future business operation of the firms. The organization therefore needs to implement and integrate information system to their daily business operations. The report discussed the information strategy plan for management of the information needs in the organization.
2 STRATEGY REPORT Table of Contents Introduction..........................................................................................................................3 1. Background......................................................................................................................3 2. Strategic Plan...................................................................................................................4 2.1. Business drivers........................................................................................................4 2.2. Guiding principles....................................................................................................5 2.3. The purpose of the strategy (vision).........................................................................6 2.4. Impact on clients.......................................................................................................7 2.5. Information and technology trends...........................................................................8 2.6. Significant business trends.......................................................................................9 2.7. Strategic themes (key strategies)..............................................................................9 2.8. Privacy, security and data protection......................................................................11 2.9. Key performance measures.....................................................................................11 2.10. Governance processes...........................................................................................12 3. Conclusion.....................................................................................................................12 References..........................................................................................................................13
3 STRATEGY REPORT Introduction The Coffee Construction Australia is a medium sized construction firm that delivers a number of civil projects. It delivers a broad range of projects that include projects with vital transport network, water and resources infrastructure projects, railway embankment projects and dam construction projects. The report will be analyzing the four years information strategic plan that will be implemented in the Coffee Construction as a part of implementation of new and advanced information system in the organization. The report will be elaborating the strategic plan that will evaluate the business drivers, the guiding principles, purpose of the strategy, impact on the clients and the key performance indicators and performance measures of the chosen strategy. The strategic plan will be evaluating the privacy, security and data protection aspects of the information system that is implemented in the organization. The information system that will be implemented will follow the modern business trends. The background and the business drivers associated with the project are discussed in the following sections. 1. Background The Coffee Construction of Australia delivers a broad range of civil projects that includes development of rail embankments, dam construction and so on. Since it is an old style family based firm, it has not yet embraced any new technology. However, the company is in need for implementing modern information system in the organization. Implementation of information system in Coffee Construction Australia is necessary for achieving business benefits. The old and traditional ways of managing business does not enable better business opportunities to the organization and therefore, in order to manage the firm reputation, the organization have decided toimplementmoderntechnologicalsolutionintheirdailybusinessoperation.Withthe
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4 STRATEGY REPORT implementation of new business management tools, the Construction Company will be able to manage and process the different projects more accurately. 2. Strategic Plan In order to make the implementation of information system in Coffee Company Australia a successful event, a strategic plan is needed to be developed (Cassidy 2016). The strategic plan that will be developed for Coffee Construction Australia will be analyzing the business drivers, theguidingprincipleoftheinformationtechnologyproject,andtheimpactofthe implementation of information system on clients along with the key performance measures. This four year strategy plan will help in effectively undertaking the strategic planning in Coffee Construction Australia. A variety of data will be used to develop the strategy report by evaluating the needs of the organization. In the following section the business drivers of the project is evaluated. 2.1. Business drivers Business drivers of the organization can be defined as the key business input and activities that drives the operation of a particular business. The business drivers of this project will be the human resources of Coffee Construction Australia. The efficient project management team of the organization is responsible for managing all the project works that the Company undertakes (Bryson 2018). With the implementation of information system, the tem collaboration will improve as well that will help in better management of the projects undertaken by the organization. Business drivers ensure continuous success for the business organization. The implementation of modern information system in Coffee Company Australia is essential need for the business drivers of the organization, as it will help in increasing the collaboration among the
5 STRATEGY REPORT project team members (Willcocks 2013). The use of information system such as decision support system will further help in easier decision making. Analyzing the business driver for this project is needed as the business drivers identifies the root cause or need for development and implementation of a project. Implementation of modern information systems in Coffee Construction Australia is needed mainly because with the expansion of the company, it is becoming difficult to manage the business processes and the projects undertaken by the organization (Galliers and Leidner 2014). Thus the alarming problem persisting the organization Coffee Construction Australia act as a significant business driver for this particular project that involves implementation of an information system in the organization. As a strategic plan for appropriate implementation of the project, the issues that the company is currently facing can be considered as the business drivers for the project (Smith 2013). The information system will be developed in hose so that customization of the software and the applications according to the requirements of the organization can be achieved. During the implementation phase, each release will be followed by collection of feedbacks from the project management teams of Coffee Construction Australia and this will ensure smooth implementation of information system in Coffee Construction Australia. 2.2. Guiding principles It is essential to identify the guiding principles of the project as it will help in easier strategy development for project implementation (Pearlson, Saunders and Galletta 2016). The purpose of guiding principle in a strategy report is that it helps in easier decision making. Appropriate Time management is one of the guiding principles of this project. With the increase
6 STRATEGY REPORT in the number of project offered by Coffee Construction Australia, implementation of an information system becomes a must need. One of the significant guiding principles of this project is that it will help in creation of business value. With the implementation of this project, the Coffee Construction Australia will be able to efficiently manage all the business works and business processes (Wheelenet al. 2017). Thus, it is seen that the said project is able to deliver business values for the company and therefore the implementation of this project is justified. Apart from that, cost efficiency is considered to be another significant guiding principle of this project. The implementation cost of the information system that is needed in Coffee Construction Australia is quite high. However, with the implementation of the information system, the company will be able to undertake and implement more projects that will increase the profit percentage of the company. The strategy for successful implementation of the project will be considering the above discussed guiding principles in development of the schedule and implementation plan for the project (Laudon and Laudon 2016). Considering the guiding principles in project implementation is important in order to ensure that the project is implemented according to the plan. Therefore,intheimplementationstrategyoftheproject,theCoffeeConstruction Company should incorporate the identified business drivers and the guiding principles in order to ensure successful project implementation. This strategy of project implementation is expected to have a positive influence both on the organization and it clients. 2.3. The purpose of the strategy (vision)
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7 STRATEGY REPORT ThepurposeofthestrategyistoensurethattheproblempersistinginCoffee Construction Australia is eliminated by the project. Since the company is not making use of any modern technology or information system, it has become a problem for the entire project team to manage the different work processes of the organization. The information strategy that will be developed is expected to make the process of information sharing within the organization much easier. The Board of directors of the company is worried about the firm’s reputation and the future business opportunities. The purpose of the strategy is to ensure that there are no threats to the reputation and the future business opportunities of Coffee Construction Australia. It is expected that the implementation of information system will improve collaboration among the staffs and employees of the organization that will in turn ensure easier management of the projects undertaken by the company. 2.4. Impact on clients The information strategy that is developed for Coffee Construction Australia is expected to have a positive impact on the client. The information strategy will help in easier management of the information within the organization which will help the organization in taking up and implementing more projects (Soomro, Shah and Ahmed 2016). This will indeed to beneficial for the clients. Furthermore, presence of structured information within the organization and smooth information flow within the organization will ensure accurate decision making which will be beneficial for the clients as well. The information strategy for Coffee Construction Australia will be designed on basis of the objectives of the organization. This will ensure that the organization is working in fulfilling its objectives. One of the objectives of this company is to prioritize the requirement of the client.
8 STRATEGY REPORT Thus the information strategy that will be identified for Coffee Construction Australia will have a positive impact on the client. The information strategy will help the organization in determining which information is crucial and thus will help the organization in easier management of that information (Eason 2014). As observed, development of information strategy will have a positive impact on the clients of the organization as well which is good for the reputation of the company. Thus the development of information strategy for Coffee Construction Australia is needed and is justified as well. 2.5. Information and technology trends CoffeeConstructionAustraliahasbeenmakinguseofthetraditionalprocessof managing the information systems in the organization. With the increase in the number of projects undertaken by the organization, proper management of the information flow in the organization has become a necessity. Most of the modern business makes use of information systemsuchasdecisionsupportsystem,transactionmanagementsystemandsoonin management of the different work processes in the organization (Von Solms and Van Niekerk 2013). Therefore it is essential to for the company to be mindful of the technology that is recently becoming popular in order to ensure that the future business opportunities of the organization are not hampered. As an information strategy plan, it is recommended that the organization implement information system such as decision support system in management of the major work processes within the organization (Oinas-Kukkonen and Harjumaa 2018). Awareness of technological trend is important for an organization as it ensures that the organization has a clear idea about the
9 STRATEGY REPORT modern business trends. Knowledge about the information and technology trend will help the CoffeeConstructionAustraliainmakingacorrectchoiceofinformationsysteminthe organization. The significant business trend with which the Coffee Construction Australia should be aware of is identified in the following section. 2.6. Significant business trends Business trend can be defined as the process of gradual change in a condition, output and process of data input in the organization. Few of the significant business trends that Coffee Construction Australia should be aware of and can implement in its daily business processes includesuse of social media in business promotions, making use of artificial intelligence in driving the experiences of the customer, social learning and so on (Argyris 2017). Coffee Construction Australia is not advanced in terms of technology and therefore knowledge about the significant business trends in the organization is essential. Social learning can be an effective way for Coffee Construction Australia to understand the use of different modern technological requirements in the organization. It is the process by which different individuals share ideas on a public platform (Pearlson, Saunders and Galletta 2016). Thus social learning is a technological requirement that the company can make use of to educate the employees about the need and use of different technologies in the organization. This can further help the staffs of the organization in understanding the technological and the information technology needs of the company. 2.7. Strategic themes (key strategies) The key strategy that will be followed in Coffee Construction Australia in order to ensure correct management and processing of the information generated or shred in the organization are as follows.
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10 STRATEGY REPORT 1. As per the strategy, the Coffee Construction Australia should at first understand the information technology needs of the organization (Bennett and Raab 2017). This is particularly essential as Coffee Construction Australia has been an old style family based firm that has not really embraced any technology throughout its implementation. In order to work on modernizing the business of the organization, it is essential for the firm to identify the information specific needs of the organization. Several brainstorming sessions are needed for this. 2.Afteridentifyingtheorganizationalneeds,itisessentialtounderstandthe implementation process (Thompson, Ravindran and Nicosia 2015). One of the strategies for ensuring accurate information protection is implementation of an information system that will help in easier storage and management of the information within the organization. With the increase in the use of technology, implementation of a specific information system in an organization becomes as necessity (Daneziset al.2015). For Coffee Construction Australia, it is recommendedtoimplementtheinformationsystemin-housethatwillhelpineasier identification of the information needs of the organization. The in house designing of the information system would however be an expensive approach. 3. The data transfer to the new system is one of the important processes that are needed to befollowedforeasierinformationmanagement.However,itwillbealengthyprocess considering the fact that the organization has been making use of traditional processes in managing and implementing the information system. Thus transfer of the data to a digital system would be a problem. 4. The next step is to properly govern the implementation and the data conversion process so as to ensure that the accurate information needs of the organization are met.
11 STRATEGY REPORT Apart from that, it is essential to identify the process by which the privacy, security and the data protection of the information that will be stored in the information system will be enforced. The privacy, security and data protection of the information in the organization is discussed in the following section. 2.8. Privacy, security and data protection Enforcing the privacy security and protection of the data is important as the clients’ data along with the confidential business data will be stored in the system. As a part of privacy protection of the confidential data, it is suggested that the data that will be stored in the information system is needed to be encrypted (Bygrave 2014). Apart from this, it is essential to ensure authorization and access control in managing the data of the organization (Tallon 2013). After the implementation of the information system, the key performance measures will be validated to check whether the system has been implemented correctly or not. 2.9. Key performance measures The key performance indicators that has been selected to check whether the process of information management has been successful or not are as follows- 1. The project is needed to be implemented within the set schedule and the estimated cost. 2. The ROI of the project should be positive. 3. The information system that is implemented should be effective in managing the information flow. 4. The data conversion and transfer to the new system should be successful.
12 STRATEGY REPORT 2.10. Governance processes After implementation of the information system for storing the data in that system, it is essential to identify the data governance process (Lozano 2015). Coffee Construction Australia willbehiringasecurityofficerinordertoensurethattheinformationsystemthatis implemented is not having any unauthorized access. Apart from that, it is responsibility of the firm to ensure regular security updates so that the data stored in it is secured. 3. Conclusion The report discusses the process by which effective information storage and information security can be enforced in Coffee Construction Australia. Coffee Construction Australia has been an old style business firms and therefore did not make use of any modern information system as of now. The report discusses the business drivers, the guiding principles, business strategy and the recent business trends in the organization. The report suggests implementation of an information system that will help in easier management of the information flow within the organization. The key performance measures and the governance process of the data stored is further suggested in the report.
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13 STRATEGY REPORT References Argyris, C., 2017.Integrating the Individual and the Organization. Routledge. Bennett, C.J. and Raab, C.D., 2017.The governance of privacy: Policy instruments in global perspective. Routledge. Bryson, J.M., 2018.Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement. John Wiley & Sons. Bygrave, L.A., 2014.Data privacy law: an international perspective(Vol. 63). Oxford: Oxford University Press. Cassidy, A., 2016.A practical guide to information systems strategic planning. Auerbach Publications. Danezis, G., Domingo-Ferrer, J., Hansen, M., Hoepman, J.H., Metayer, D.L., Tirtea, R. and Schiffner, S., 2015. Privacy and Data Protection by Design-from policy to engineering.arXiv preprint arXiv:1501.03726. Eason, K.D., 2014.Information technology and organisational change. CRC Press. Galliers, R.D. and Leidner, D.E., 2014.Strategic information management: challenges and strategies in managing information systems. Routledge. Laudon, K.C. and Laudon, J.P., 2016.Management information system. Pearson Education India. Lozano, R., 2015. A holistic perspective on corporate sustainability drivers.Corporate Social Responsibility and Environmental Management,22(1), pp.32-44.
14 STRATEGY REPORT Oinas-Kukkonen, H. and Harjumaa, M., 2018. Persuasive systems design: key issues, process model and system features. InRoutledge Handbook of Policy Design(pp. 105-123). Routledge. Pearlson, K.E., Saunders, C.S. and Galletta, D.F., 2016.Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley & Sons. Pearlson, K.E., Saunders, C.S. and Galletta, D.F., 2016.Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley & Sons. Smith, R.D., 2013.Strategic planning for public relations. Routledge. Soomro, Z.A., Shah, M.H. and Ahmed, J., 2016. Information security management needs more holistic approach: A literature review.International Journal of Information Management,36(2), pp.215-225. Tallon,P.P.,2013.Corporategovernanceofbigdata:Perspectivesonvalue,risk,and cost.Computer,46(6), pp.32-38. Thompson, N., Ravindran, R. and Nicosia, S., 2015. Government data does not mean data governance: Lessons learned from a public sector application audit.Government information quarterly,32(3), pp.316-322. VonSolms,R.andVanNiekerk,J.,2013.Frominformationsecuritytocyber security.computers & security,38, pp.97-102. Wheelen, T.L., Hunger, J.D., Hoffman, A.N. and Bamford, C.E., 2017.Strategic management and business policy. pearson.