2 page paper
Budget: $30 – $250 USD
Answer the following questions in 2-5 sentences.
•How has information technology impacted the evolution of the finance industry.
• What industry-wide technology standards exist to assist companies to collectively affect efficiency and strategic conditions in the industry?
• How has information technology impacted
1. the way that customers interact with and conduct business in the industry?
2. the way that businesses in the industry interact with their suppliers and other business partners?
• What business models have been created by changing technologies and information flows?
• What businesses in the industry have embraced the changing environment in a strategic way?
• What strategic opportunities that have been created in the revolutionized industries?
Based on that background, you will innovate a potential information technology innovation that can be
implemented within the industry at-large or in a particular business.
What strategic goal(s) is it intended to meet?
How will it add value to the company or industry?
Will this proposal create a competitive advantage and how? (You may want to use Porter’s model.)
What challenges do you foresee in the implementation and use of this system and how will you ensure
success?
1- page
•How has information technology impacted the evolution of the finance industry.
• What industry-wide technology standards exist to assist companies to collectively affect efficiency and strategic conditions in the industry?
• How has information technology impacted
1. the way that customers interact with and conduct business in the industry?
2. the way that businesses in the industry interact with their suppliers and other business partners?
• What business models have been created by changing technologies and information flows?
• What businesses in the industry have embraced the changing environment in a strategic way?
• What strategic opportunities that have been created in the revolutionized industries?
Based on that background, you will innovate a potential information technology innovation that can be
implemented within the industry at-large or in a particular business.
What strategic goal(s) is it intended to meet?
How will it add value to the company or industry?
Will this proposal create a competitive advantage and how? (You may want to use Porter’s model.)
What challenges do you foresee in the implementation and use of this system and how will you ensure
success?
1- page