Management

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author note

1 MANAGEMENT
Executive Summary
The report has helped in analysing the different kinds of innovation which has been made by
Family Care Application for the different customers in the market. There are different
problems which are faced by the young generation such as the working professional and the
office goers in keeping a track on the day to day activities regarding the household along with
tracking the health of their parents with the help of the sensor. The sensor will be helpful in
tracking the physical well-being of the near and dear ones through the family care app
wherein the sensor will be updating the individuals regarding any kinds of health check ups
which are required to be performed for their parents or for themselves.

2 MANAGEMENT
Table of Contents
Introduction 3
Identification of Problems Faced by Clienteles and Analysis of Advanced Solutions 3
Merits of Innovative Sensor 3
Projected Business Canvas Model for Healthcare Sensor 4
Customer Segments 4
Key Partners 5
Key Activities 5
Key Resources 5
Value Propositions 5
Channels 6
Revenue Structure 6
Cost Structure 6
Customer Relationships 6
Interrelationship Among Nine Building Blocks of BMC 6
Critical Success Factors 7
Critical Risks and Assumptions 7
Analysis of Feasibility 8
References 9
Appendix 11
Business Canvas Model 11

3 MANAGEMENT
Introduction
The report throws light on understanding the innovative approach which will be
beneficial in understanding the various requirements of the customers appropriately. In the
present scenario, there are different kinds of problems which are faced by the different
individuals wherein the customers are not able to keep a track of their health and wellbeing
due to the tight work schedule and there is negligence of the health among the individuals as
well. With the help of the family care application, there will be inclusion of the sensor
which will be working as an alarm in making the individuals remember their regular health
check-ups along with tracking health of their parents.
Identification of Problems Faced by Clienteles and Analysis of Advanced Solutions
The major issue which is faced by the officer goers is related to the health and
wellbeing as it is being ignored due to the heavy workload faced by them in the present
scenario. Moreover, due to the tight schedule of work, the different individuals are not able to
take care of the health of their parents which is a huge issue and it is affecting the health of
the individuals negatively. However, with the introduction of the sensor made application, it
will be helpful for the individuals to track their health issues and solve them accordingly
(Webb, 2017). Furthermore, the sensor will be working as an alarm wherein it will be
providing notifications about the different health check-ups (Tian, Cordery & Gamble, 2016).
Additionally, there is inclusion of sensor which can be in the mobile phones that will be
keeping them updated regarding the health issues of parents when their children are out and it
will be a successful business idea (Orlikowski & Scott, 2015).
Merits of Innovative Sensor
With the help of the sensor, there will be different kinds of merits which will be
beneficial in improving the health care related activities. The sensors are the different devices