Zenefits: Revolutionizing HR Management with Automated Solutions

Running head: THINK BIG
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Name of the Student:
Name of the University:
Author’s Note:

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Table of Contents
Introduction......................................................................................................................................3
Provide a succinct description of the business, the industry in which it operates, the market or
markets it serves, and the products and services it provides...........................................................3
Describe the business model canvas of the selected business using the nine building blocks........5
Explain the key relationships that exist across the nine building blocks.........................................6
Identify and discuss the critical success factors the business has to get right to achieve
sustainable success...........................................................................................................................8
Evaluate what will contribute to downside risk...............................................................................8
Discuss the changes you would make to the business model if this was your business..................8
Conclusion.......................................................................................................................................9

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Introduction
Zenefits is a company that helps in making the public service much easier and well
organized. They have a team of highly well-educated people who have expert knowledge in the
field of HR related works. They help in sharing the burden of all the companies by giving them
automated technological solutions, These solutions help them make their HR related works much
easier, quicker and well organized. All these works are done through software and technologies
rather than doing them manually. Their main motto is to empower people and make their lives
much easier and smooth (Kenney & Zysman, 2016).
Provide a succinct description of the business, the industry in which it operates, the market
or markets it serves, and the products and services it provides
The main services that are rendered by the Zenefits Company are in the fields of HR
related works. There are many companies who have to spend a major amount of time in looking
after and managing g all the HR works like maintain the employee records, measuring the
employee engagement, employee performance records, maintain payroll records and many other
such works. Apart from this, there are also many entrepreneurs and many business persons who
usually have to spend a huge time in looking after all the HR works. This makes them lose much
time and focus which they could have otherwise rendered in many other areas that would have
helped them to develop and increase their business. It is for these reasons that Zenefits comes up
with a solution they tie up with all the software companies like the Google suit, Uber, abacus,
Betterworks, Carta, Zugata and many more so that they can develop highly advanced software
and provide them to hospitals, schools, MNCs and also to many other consultanciesZenefits also
make sure that they are entering in partnership with brokers who are having proper legal

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recognition and licenses. They help the companies to switch from manually done papers works
of the HR department to very easy, quick and automated software based apps. It is through these
apps that the companies can carry on and manage all their HR work like payroll, insurance
policies, memberships, employee performance and any other such work. They are also into the
academic sectors as well.