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Argosy B6029 Assignment 2: Designing Value-Based Service

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Question;Assignment 2: Designing Value-Based Service;As the rate of innovation increases, companies face;expanding product/service lines, shorter product and service;lifecycles, and more frequent product/service transitions. All of these;can bring tremendous value but also pose enormous challenges and risks.;The article ?The Art of Managing New Product Transitions?by;Erhun, Gonclave, and Hopman (2007) from the readings for this module;includes a matrix titled ?Product Drivers and Risk Factors,? which;focuses on Intel, a company that manufactures high-tech products (p.;76). Based on your readings and research, address the following issues;Redesign the product risk factor matrix so that the;factors are appropriate for a services firm that delivers traditional;tax accounting and audit services. For example, among the supply risks;assume that the company relies on individuals with specific knowledge;of the tax law in the jurisdictions where its clients operate, be it;state, federal, or foreign.Now, assume that the firm wants to develop a;management consultancy practice. (Alternatively, you may choose to add a;legal services line instead.). Create a separate new matrix that;summarizes the additional risk factors for this firm launching a;management consultancy or legal services line. What additional risk;factors are you adding to your matrix?Explain how the business risks differ between;traditional tax and audit services and management consulting services.;In your opinion, what are the three biggest risks the firm faces if it;diversifies into the new service line?Recommend whether the firm should organically grow;into a consultancy service or acquire a third party to achieve new;goals. Justify your recommendations. Develop a 6?8-slide presentation in PowerPoint format.;Apply APA standards to citation of sources. Use the following file;naming convention: LastnameFirstInitial_M2_A2.ppt.;Be sure to include the following in your presentation;A title slideAn agenda slideA reference slideHeadings for each sectionSpeaker notes to support the content in each slideBy Week 2, Day 7, deliver your assignment to the M2: Assignment 2 Dropbox.;Erhun, F., Gon?alves, P., & Hopman, J. (2007). The art of managing new product transitions. MIT Sloan Management Review, 48(3), 73. (ProQuest Document ID:224964759) http://search.proquest.com.libproxy.edmc.edu/docview/224964759?accountid=34899;Assignment 2 Grading Criteria;Maximum Points;Redesigned the product risk factor matrix;for a services firm that has traditionally provided tax and audit;services and now wants to develop into a management consultancy.;20;Created a new matrix that summarizes the;additional risk factors for this firm launching a management consultancy;or legal services line. Identified additional risk factors to add to;the matrix.;20;Explained how the business risks differ;between these two types of services. Listed and ranked the three biggest;risks if the firm diversifies into the new service line.;40;Recommended with appropriate justification;on whether the firm should organically grow itself into a consultancy or;acquire a third party to achieve its goals;10;Wrote using ethical scholarship, visual aesthetics, proper grammar, and mechanics.;10;Total;100

 

Paper#53223 | Written in 18-Jul-2015

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