Operations and Information Management Report: CC Music Business Plan

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Added on  2022/12/27

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This report focuses on a business plan for CC Music, analyzing its current operations and proposing a website upgrade to improve its online presence and customer engagement. The report begins with an introduction highlighting the importance of website design and online platforms in the music industry, referencing relevant research on consumer behavior and the benefits of a strong online presence. The main section includes a proposed model for the upgraded website, contrasting it with the existing model. A strategic analysis is conducted, identifying the company's strengths (harmonious partnership), weaknesses (poor marketing, lack of organizational structure), opportunities (social media expansion, partnerships, new talent) and threats (piracy, technological changes). The report then details the characteristics of different software platforms, comparing their features and integrations. Part C of the report provides a comprehensive introduction and report on the findings and recommendations. The report emphasizes the need for CC Music to embrace digital platforms, improve its organizational structure, and adopt a more professional approach to marketing and talent management. It suggests that the company leverage social media, form partnerships with digital music platforms, and expand into new musical perspectives to increase revenue and audience appeal. The report concludes with a call for CC Music to adapt to the evolving music industry landscape and take advantage of new opportunities for growth.
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Running Head: OPERATIONS AND INFORMATION MANAGEMENT 1
Operations and Information Management
Student’s Name
Institutional Affiliation
03/21/2019
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OPERATIONS AND INFORMATION MANAGEMENT 2
Contents
Introduction.................................................................................................................................................3
Main Section................................................................................................................................................4
Part A.......................................................................................................................................................4
Proposed Model..................................................................................................................................4
Existing model.....................................................................................................................................5
Strategic Analysis.................................................................................................................................6
Part B.....................................................................................................................................................10
Part C.....................................................................................................................................................11
Report................................................................................................................................................11
Part D.....................................................................................................................................................15
References.................................................................................................................................................17
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OPERATIONS AND INFORMATION MANAGEMENT 3
Introduction
Hasan (2016) undertakes a research on the perceived irritation in the exercise of online
shopping. The main focus is on the characteristics of website design. The main aim of the
research was to examine the effects of navigational, visual, and informational characteristics of
website design on the perceived irritation of consumers in the activities of online shopping. The
findings were that some website designs characteristics bears a significantly negative effects on
irritation in the context of online shopping. According to the findings of Hasan (2016) it is
evident that websites play a big role in customer satisfaction.
Jones, Borgman & Ulusoy (2015) also appreciates the significance of websites and social
media sites on businesses. Particularly, the main benefit include the fact that social media and
websites create an increase in inquiries and awareness, an enhanced customer relationship,
increase in an enhanced ability in reaching customers on a global scale, local businesses co-
promotion that enhance small businesses image and an increase in the in-flow of new customers.
Bearing the benefits that good websites bring to businesses, this report looks into the proposal for
upgrading the websites for CC music.
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OPERATIONS AND INFORMATION MANAGEMENT 4
Main Section
Part A
Proposed Model
CUSTOMER
WEBSITE
Login or Sign
Up
Confirm
interest
Place Order
Indicate price Process order
Create performance
queue
Present performance
Start Confirm?
? Yes
No
End
End
Selected performance Client information Start
Performa
nce
request
Order
Price of performance
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OPERATIONS AND INFORMATION MANAGEMENT 5
Existing model
Strength
CC MUSIC
CUSTOMERS
View
Website
Make
Order
Send
contract
&
Cheque
Receive
Performa
Receive
Payment
Website
marketin
g
Receive
Order Send
Booking
Receive
Order Refund
Do not respond Fail to agree
Want music
service
Order
End Transaction
Fail to perform
Transaction
ends
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OPERATIONS AND INFORMATION MANAGEMENT 6
Strategic Analysis
In as much as the CC music company has a website, the present website falls short in the
sense that it cannot serve the critical needs of business. Those needs include ordering goods and
services online, which comes with a load of functionalities like a secure online payment system
and customer services system. In that case, an upgrade needs to be conducted on the website to
provide full functionalities. Another strength that the music company enjoys is the fact that it
possesses a harmonious and strong unit of a partnership. That is true with the fact that the
company has been able to maintain a strong unity, working together for many years.
Weakness
The main weakness that CC music struggles with is that the band has a poor marketing
structure and body. Using the tool of a website alone is very insufficient in undertaking
marketing for a music company like CC music. Many consumers of music, especially the urban
ones prefer the use of social media as opposed to visiting a website. YouTube, for example,
could be the best platform to sell the band to the market because according to Vonderau, P.
(2016), Multichannel networks (MCNs) have standardized and streamlined production units,
redefined video value and reorganized cost per mille-based advertisement sales. However, the
over-reliance on the website locks out a lot of people from accessing the music content. Another
weakness is that the company lacks a clear structure of an organization.
Opportunities
CC music lacks the proper structure that will help it to grow as a full-blown organization.
A clear organizational structure will be important for CC music because it will boost its capacity
when it grows big enough. In that case, the management of the music company would not face
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OPERATIONS AND INFORMATION MANAGEMENT 7
problems in running its operations. Music and technology are now inseparable because each
depends on the other for survival (Naveed, Watanabe & Neittaanmäki, 2017). The digital and
current technology has taken preeminence and transformed the way the music business is run.
Most of the revenue is earned from digital platforms like social media (Waldfogel, 2015).
Competition has then stiffened and more and more freelance musicians are taking over the music
industry. Therefore, the position of the CC music as an analog entity places the company at its
weakest point. It misses out in the opportunities of millions of social media audience and revenue
streams that other companies are reaping big. CC music also lacks a great deal of
professionalism in the manner in which it conducts its business (Papies & van Heerde, 2017).
The kind of professionalism that is missing with the CC music company is the absence of
different professionals who have the specific skills to run different departments of the music
industry. For example, there should be an existence of a department of human resources and
digital marketing with professionals who have been trained on those skills. The lack of
professionalism that exists, therefore, drags the company behind (Noe et al., 2017).
Opportunities
Having closely examined the weaknesses that exist in the CC music business, numerous
opportunities present. For one, CC music has an opportunity to grow its social media platform.
The majority of music consumers mostly rely on social media to determine what they will
consume. Most of them belong to the millennial generation and they largely depend on the
opinion of the social media audience to make decisions (Crane, Kawashima & Kawasaki, 2016).
For example, the trending videos in social media sites like YouTube and Facebook determine
what most of the young people will want to watch. The point of decision making is where the
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OPERATIONS AND INFORMATION MANAGEMENT 8
largest crowd stands (Liikkanen & Åman, 2016). That is basically how the social media
economy works and CC music should have a clear understanding of how to take full advantage
and venture into this lucrative space. Another opportunity for CC music is partnerships with
major digital music platforms like Spotify. It will then have a great opportunity to generate extra
income to finance its operations and expanded departments (Fast & Horvitz, 2017). The music
platform provides the space to ensure that the music content that is sold is devoid of piracy. A lot
of money is normally lost in piracy and that has created huge loopholes in terms of revenue
generation (Rho, Vasilakos & Chen, 2016). In that case, developing a partnership with the music
platforms will ensure that CC music gets the value for its money. Another opportunity of the
company is the expansion into other musical perspectives like the creation of music for
advertisement. At the moment, CC music generates music in the form of bands, where a music
band is sent to perform. That is primary in the world of music and more creative ways are needed
for the creation of revenue. The CC music company has a huge opportunity to expand by signing
exceptional talents. Instead of concentrating on the usual band, the company would work best by
bringing in fresh talents and signing lucrative contracts with them. The musicians representing
the young generation will attract a new pool of consumers, the young generation (Born &
Devine, 2015). Since the specialization of CC music lies with pop and soul type of music, it
resonates more with the older generation than the younger one. The introduction of the hip hop
music style by signing new generation musicians will help to increase the audience appeal. It will
open up CC music to a newer and greater scope of audience, increasing the amount of revenue.
Although the owners are more accustomed to the old generation music than the new ones, the
marketing department, which would be composed of the young people, would handle the new
generation music.
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OPERATIONS AND INFORMATION MANAGEMENT 9
Threats
The threats that will present themselves in the CC music company include the obstacles
that interfere with the CC music label and the musicians. That is also inclusive of the events and
specifically the technological changes (Roads, 2015). Piracy presents itself as the biggest threat
for the CC music especially for the music content in the digital space. Many people obtain music
content free and illegally by sharing in social media platforms.
Part B
Characterist
ics
Bitrix24 Blink Freshdesk Zoho WorkDrive
Platforms
Supported
iPhone
app
Android
app
Web
based
iPhone app
Android
app
Web based
iPhone
app
Android
app
Web
based
iPhone
app
Android
app
Web
based
Typical
Customers
Small
Business
es
Med-size
business
Enterpris
e
Small
Businesses
Med-size
business
Enterprise
Freelance
Small
Businesse
s
Med-size
business
Enterprise
Small
Businesse
s
Med-size
business
Support Knowled
ge base
Online
support
Video
tutorials
Online
Support
Phone
Support
Knowledge
base
Online
Support
Phone
Support
Knowledg
e base
Video
tutorial
Knowledg
e base
Online
support
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OPERATIONS AND INFORMATION MANAGEMENT 10
Pricing Start from
$39.00/month
No credit
card
required
Free
space
Subscript
ion based
Start from
$3.00/month
Free trial
available
No credit
card
required
Subscriptio
n based
Free
account
Start from
$19.00/month
Free trial
available
No credit
card
required
Subscripti
on based
Free
account
Start from
$7.50/month
Free trial
available
No credit
card
required
Subscripti
on based
Features Absence
managem
ent
API
Access
control
Activity
dashboar
d
Activity
tracking
Automati
c
Notificati
ons
Audit
trial
Call
recording
Calendar
sync with
Google
Collabora
te
Workspa
ce
Call
Routing
Collabora
te Tools
Absence
managemen
t
Activity
dashboard
Automatic
Notification
s
Automatic
Notification
s
Chat
Communica
tion
managemen
t
Calendar
sync with
Google
Collaborate
Workspace
Call
Routing
Collaborate
Tools
Custom
Forms
Document
Storage
Employee
Absence
managem
ent
API
Access
control
Activity
dashboard
Activity
tracking
Archiving
and
Retention
Call
recording
Conferenc
ing
Custom
Fields
Custom
Forms
Customiz
able
branding
Customiz
able
templates
Collabora
te Tools
Email
Access
control
Activity
tracking
Audit trial
Collabora
te
Workspac
e
Collabora
tive tools
Comment
ing
Customiz
able
branding
Document
Storage
Drag and
Drop
interface
Feedback
Managem
ent
File
Managem
ent
Permissio
n
Managem
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OPERATIONS AND INFORMATION MANAGEMENT 11
Widgets
Workflo
w
Manage
ment
Website
integratio
n
Ticket
Manage
ment
Third
party
integratio
n
Social
Media
Integratio
n
database
Employee
Portal
Instant
Messaging
Monitoring
Multi-
language
Performanc
e Reports
Prioritizing
Project
Managemen
t
Real Time
Notification
SSL
Security
Search
Functionalit
y
Self Service
Portal
Single Sign
On
Status
Tracking
Surveys and
Feedback
Team
Calendars
Third Party
Integration
Time and
Attendance
Tracking
Integratio
n
Email
Templates
Feedback
collection
Feedback
Managem
ent
Gamificat
ion
Monitorin
g
Instant
Messagin
g
Multi-
channelin
g
Prioritizin
g
Performa
nce
Reports
Multi-
language
Project
Time
Tracking
Real Time
Updates
Role
Managem
ent
SSL
Security
Search
Functiona
lity
Self
Service
ent
Real Time
Notificati
ons
Reporting
and
Statistics
Single
Sign on
Search
Functiona
lity
Social Media
Integration
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OPERATIONS AND INFORMATION MANAGEMENT 12
Portal
Single
Sign On
Social
Media
Integratio
n
Status
Tracking
Surveys
and
Feedback
Third
Party
Integratio
n
Ticket
Managem
ent
Website
Integratio
n
Widgets
Workflow
Managem
ent
Integration Drop box
Google
Drive
Microsoft
One
Drive
Office
365
Zapier
JIRA
Software
Zendesk
Bitium
Dropbox
Office 365
Salesforce
Sales Cloud
SharePoint
Zapier
JIRA
Software
Zendesk
Box
Dropbox
Google
Drive
Microsoft
OneDrive
Salesforce
Sales
Cloud
Slack
Zapier
Google
Calendar
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