Job Of Dream

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Student’s Name

Instructor’s Name

Course Title

Date

575-1

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

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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

customers.

“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

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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

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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,

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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.

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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.

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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.

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