Job of Dream

Surname 1
Student’s Name
Instructor’s Name
Course Title
Everyone dreams of having a stable job that meets their interests and gives them
professional satisfaction. The education system introduces students to some particular industry
by allowing them to engage in industrial-based learning and writing reports related to their future
careers. Notably, many learners would want to start their own companies due to the many
benefits of becoming self-employed. As a scholar, I have always dreamt of owning my firm
where I would be free to develop the operational policies, hire and recruit workers, and control
all the financial processes. For one thing, I believe I would make a good business manager since
I understand work policies, legal requirements and cultural interference in the industry.
Therefore, in this paper, I want to describe my dream company by providing details of the firm’s
operations, its goals, mission, vision, product, and its competitive advantages.
Company Operations
My vision is to own a technology firm. I am always fascinated by the rapid development
in this industry. Furthermore, it requires much creativity and investments, some of the tools that I
prioritize in my daily activities. I would call my company “The Innovative Plaza” to show that it
will mainly focus on implementing creative and innovative and technical ideas that would solve
some of the technological problems existing in the world today. Its mission will be to provide the
Surname 2
best hardware and software engineering abilities in the market. Similarly, the vision is to be the
number one software and hardware designer in the world. The vision and mission statements will
demand that the firm should produce high-quality products and offer the best services to the
“The Innovative Plaza” will adopt the product differentiation strategy for its operations,
which will be divided into three units. The first one will deal with entertainment and home
machines. The second will focus on communication devices, while the third will produce
healthcare machine manufacture. Furthermore, the organization will develop four main
competitive advantages. They will include cost leadership, differentiation, defensive strategies,
and alliances (Guisado-González et al. 861). For instance, cost leadership will ensure that the
business provides products and services that meet the market demand regarding quality and
quantity (Stevenson 42). Similarly, differentiation will be employed in product branding,
company logo, and pricing system to make it more competitive. Finally, alliances will be
determined by the location, flexibility, and sustainability to create a business-friendly
environment for both workers and customers (Stevenson 46). Additionally, at the early stages,
the business will engage in active product promotion and marketing to familiarize itself with the
potential clienteles and to gain competitive business priorities.
Product and Services
The primary good or service of the organization will be the Internet of Things (IoT). It is
a software design that connects all devices and creates a technological harmony (Cui 64). It can
be developed by using wireless technologies like Wi-Fi, Bluetooth, Zigbee, and Z-wave.
However, as mentioned above, “The Innovative Plaza” will also produce and sell other
Surname 3
technological appliances that are categorized into entertainment and home machines,
communication devices, and healthcare machines. It is a future initiative that would only come in
place after a successful implementation of the IoT program. The products cover the significant
sectors of both the domestic and international market. It will also be easy for the organization to
use the IoT program to synchronize or connect all the other devices as per the request of the
customer. Additionally, the company will provide after-sale services like repairs, deliveries, and
user-manual illustrations.
The business will identify the market by conducting marketing research. However, to
promote its brand, the company will use other research tools, like interviews, brainstorming,
online tools and questionnaires, to identify the market gap. It will then convey the same
information to the customers through print and social media (Gordon 64). All the strategies for
product life stages, introduction, growth, and maturity will be taken into consideration to
determine the level of customer involvement (Stevenson 149). Conversely, the product design
issues that may surround the IoT are computer-aided design (CAD), machine-to-machine
connectivity and logistics considerations. In particular, CAD provides computer graphics that
can be used to interface the software and other hardware designs for the actual production
(Stevenson 160). Similarly, machine-to-machine connectivity has predefined tools like Bluetooth
and Zigbee that make it easy to connect two or more equipment.
Quality in My Dream Company
At the moment, the companies that provide internet of things include Dell, Huawei,
Hitachi, and Rolls Royce. Huawei, for example, is an industrial IoT sleeping giant. In the
international market, Huawei is known as an infrastructural supplier. Unknown to many, it is
Surname 4
also an IoT provider. Its IoT strategies are telecom-centric and have only three solutions: IoT
platform, access methods, and IoT operating system (Low 864). That is, its platform is not very
open to the users. Furthermore, it majorly concentrates on smart cities, smart homes, and
connected cars. It has neglected some areas like healthcare and colleges, which makes their
system weak in quality and coverage. “The Innovative Plaza” is intended to have an opened and
flexible IoT platform that includes both digital and analog systems. Moreover, a user-friendly
system developed with the most straightforward operating system like windows will be created
to enhance access and application.
The factors that will, however, affect the quality management are financial constraints,
trade-off factors, customer inference, employee dissatisfaction, and miscommunication between
management and workers. Consequently, there will be a need to use quality tools like flowcharts,
check sheets, and histograms to monitor the progress of quality management (Stevenson 392).
They will help reduce variations and promote valid data measurements. The quality management
will be implemented using a sequence of stages: defining the improvement, determining the
baseline and capability of the process, applying data to explain the cause and effect relationship,
and setting control measures for enhancements (Stevenson 390). Moreover, the tools can be
fulfilled by developing an open communication system that links all the departments.
Communication makes it easy for departmental heads and other employees to monitor the
progress and give improvement suggestions.
Product Comparison with Existing Firm
As already mentioned above, Huawei uses the telecom-centric method to produce and
provide its IoT programs. “The Innovative Plaza” will, therefore, use the hybrid applications,
Surname 5
which will allow the integration of both offline and online approval services. The system will
speed digital transformation by using a narrowband IoT to connect all devices and machines
around the globe. It is more efficient and economical compared to a telecom-centric approach
that Huawei utilizes. Additionally, the company will have a defined value streaming flowchart
that it will use to marketize and sell the IoT. The flowchart will be as follows:
Huawei uses a line layout where it organizes all its machines, depending on their
sequence of operations. Therefore, it can only produce one product in an operating area. Since
“The Innovative Plaza” will focus majorly on technological developments and reduction of
economic costs, it will adopt the functional or process layout. The approach is chosen because, as
a starting firm, the firm will still produce low volumes (Drira et al. 258). However, it requires all
its products and services standardized to meet the customer’s expectations.
Surname 6
The factors that will be considered in choosing the layout will include management
policies, the location of the firm, product and service nature, as well as production and nature of
the manufacturing processes (Paes et al. 748). For instance, it is expected that in future, the
company will increase its total sales, and hence the overall rate of production will also rise.
Consequently, the company may have to shift from process to line layout to enhance speed and
quality of production. Similarly, due to possible future expansion, the organization may move its
location, which may again require a new facility layout to maintain its efficiency.
In short, the dream company may become a technological giant if the suggested
technology and mode of operations are employed. It will create job opportunities and encourage
innovative and creative skills in technology enthusiasts by giving them the opportunity to share
and implement their ideas. As discussed, it will use a simple structure that conforms with all the
legal policies, create high-level competitive advantages, design a customer-friendly
organizational culture and focus on meeting the customer demands. If given time and resources,
“The Innovative Plaza” may overpower large companies like LG, HP, and Apple.
Surname 7
Works Cited
Cui, Xiaoyi. "The Internet of Things." In Seana Moran (ed.). Ethical Ripples of Creativity and
Innovation. Palgrave Macmillan, London, 2016, pp. 61-68.
Drira, Amine, Henri Pierreval, and Sonia Hajri-Gabouj. "Facility Layout Problems: A survey."
Annual Reviews in Control, vol. 31, no. 2, 2007, pp. 255-267.
Gordon, Gus. "Communication, Vision, and Mission." Leadership through Trust. Palgrave
Macmillan, Cham, 2017, pp. 63-69.
Guisado-González, Manuel, Carlos Ferro-Soto, and Manuel Guisado-Tato. "Assessing the
influence of differentiation strategy and R&D subsidies on R&D cooperation."
Technology Analysis & Strategic Management, vol. 28, no. 7, 2016, pp. 857-868.
Low, Brian. "Huawei Technologies Corporation: From Local Dominance to Global Challenge?"
Journal of Business & Industrial Marketing, vol. 22, no. 2, 2007, pp. 138-144.
Paes, Frederico Galaxe, Artur Alves Pessoa, and Thibaut Vidal. "A Hybrid Genetic Algorithm
with Decomposition Phases for the Unequal Area Facility Layout Problem." European
Journal of Operational Research, vol. 256, no. 3, 2017, pp. 742-756.
Stevenson, William J. Operations Management. New York: McGraw-Hill Education, 2015.

Place new order. It's free, fast and safe

550 words

Our customers say

Customer Avatar
Jeff Curtis
USA, Student

"I'm fully satisfied with the essay I've just received. When I read it, I felt like it was exactly what I wanted to say, but couldn’t find the necessary words. Thank you!"

Customer Avatar
Ian McGregor
UK, Student

"I don’t know what I would do without your assistance! With your help, I met my deadline just in time and the work was very professional. I will be back in several days with another assignment!"

Customer Avatar
Shannon Williams
Canada, Student

"It was the perfect experience! I enjoyed working with my writer, he delivered my work on time and followed all the guidelines about the referencing and contents."

  • 5-paragraph Essay
  • Admission Essay
  • Annotated Bibliography
  • Argumentative Essay
  • Article Review
  • Assignment
  • Biography
  • Book/Movie Review
  • Business Plan
  • Case Study
  • Cause and Effect Essay
  • Classification Essay
  • Comparison Essay
  • Coursework
  • Creative Writing
  • Critical Thinking/Review
  • Deductive Essay
  • Definition Essay
  • Essay (Any Type)
  • Exploratory Essay
  • Expository Essay
  • Informal Essay
  • Literature Essay
  • Multiple Choice Question
  • Narrative Essay
  • Personal Essay
  • Persuasive Essay
  • Powerpoint Presentation
  • Reflective Writing
  • Research Essay
  • Response Essay
  • Scholarship Essay
  • Term Paper
We use cookies to provide you with the best possible experience. By using this website you are accepting the use of cookies mentioned in our Privacy Policy.