{"id":17,"date":"2011-11-16T22:58:45","date_gmt":"2011-11-17T05:58:45","guid":{"rendered":"https:\/\/blogs.ubc.ca\/jsetec522\/?page_id=17"},"modified":"2011-11-26T21:44:16","modified_gmt":"2011-11-27T04:44:16","slug":"reflections","status":"publish","type":"page","link":"https:\/\/blogs.ubc.ca\/jsetec522\/reflections\/","title":{"rendered":"Reflections"},"content":{"rendered":"
\n

SWOT Analysis <\/strong><\/p>\n

My reflections on this venture proposal are summarized in the following SWOT Analysis<\/p>\n\n\n\n\n\n\n
\n

STRENGTHS<\/strong><\/p>\n<\/td>\n

\n

WEAKNESSES<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n
    \n
  • \u00a0<\/span><\/span><\/span>Demonstrates conceptually the ability to automate access and updates to digital learning assets<\/li>\n
  • Modular and scaleable<\/li>\n
  • Demonstrates innovation by leveraging the success of the Internet folksonomy concept to apply to an existing business problem of metadata management<\/li>\n
  • Exposes metadata to the right people at the right time<\/li>\n
  • Low cost solution to creating and maintaining personalized training content<\/li>\n<\/ul>\n<\/td>\n
\n
    \n
  • Needs to consider potential challenges arising from the need to change corporate culture e.g. new business process for metadata management<\/li>\n
  • Complex solution with multiple components may be a barrier to entry for some clients<\/li>\n
  • Source applications vary widely across corporations which may translate to a long time to market for a packaged software solution<\/li>\n
  • Only one generic approach is defined but may need modifications to fit diverse organization structures and budgets<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
\n

OPPORTUNITIES <\/strong><\/p>\n<\/td>\n

\n

THREATS<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n
    \n
  • New services can be provided to leverage existing corporate technology investments<\/li>\n
  • Existing products can be integrated for product based assessments to provide efficient performance reviews<\/li>\n
  • Modular approach to design will result in lower start-up costs<\/li>\n
  • Focus on management and supervisory level programs first. According to Bersin & Assoc. (2008), 21% of training dollars go to leadership training<\/li>\n
  • Potential to partner with personalized training vendors who specialize in instructional design or e-learning strategy<\/li>\n<\/ul>\n<\/td>\n
\n
    \n
  • Companies may prefer status quo and slower moving solutions<\/li>\n
  • Companies may go completely to Wikis for content development and management or some other approach for managing business metadata<\/li>\n
  • Solution crosses disciplines so it may be challenging to find a single sponsor for the venture<\/li>\n
  • Solution involves middleware which may be difficult to sell unless it is packaged with a specific training project to provide a prototype to visualize business value<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    \u00a0<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    SWOT Analysis My reflections on this venture proposal are summarized in the following SWOT Analysis STRENGTHS WEAKNESSES \u00a0Demonstrates conceptually the ability to automate access and updates to digital learning assets Modular and scaleable Demonstrates innovation by leveraging the success of the Internet folksonomy concept to apply to an existing business problem of metadata management Exposes […]<\/p>\n","protected":false},"author":3653,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-17","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/pages\/17","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/users\/3653"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/comments?post=17"}],"version-history":[{"count":18,"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/pages\/17\/revisions"}],"predecessor-version":[{"id":32,"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/pages\/17\/revisions\/32"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/jsetec522\/wp-json\/wp\/v2\/media?parent=17"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}