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Posted: March 4th, 2021
establishing a new business
A number of new challenges (an innovations or a policy change, such as the Personal Data Regulation – GDPR in the EU https://ico.org.uk/for-organisations/data-protection-reform/overview-of-the-gdpr/) may trigger significant change on how your business operates. Identify a particular challenge that may apply to the industries your business operates (or a business from literature), and describe the disruption this challenge may bring.
Explain clearly what actions you would take to address these challenges. In particular, you should consider what approaches and actions have been successful for other start-ups, who have faced this challenge (or designed specific solution for this challenge) and how you might adapt these actions to suit your own business
Describing and mapping core value-add activities in your business (you may use swim-lanes and other techniques to improve division of functions), please compare and contrast the business process designs BEFORE and AFTER addressing this challenge
Develop an action plan for the transition from BEFORE to the AFTER designs.
should NOT exceed 3000 words (10% margin allowed), excluding diagrams, figures and tables.
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