Name Adam Crompton NetID Acro771 Group Number: 252 Website Link: http://infosys1102014s1gr252.blogspot.co.nz/2014/04/d2.html Tutorial Details Tutor: Day: Time: Olivia Schultz Thursday 9am Time Spent on Assignment: 19 hours Word Count: 1610 QuickJobs Introduction:
With the price of tertiary education at an all time high, students are forced to rely on the student allowance and loan scheme to help subsidize their education; the core problem is that there is a serious lack of appropriate jobs for a full time student. donly free for a very select set of hours, but how can we connect them with the right employers? The solution is QuickJobs; a dynamic platform that specializes in connecting students with employers who having trouble filling odd shifts. (3.1) Vision:
Our vision at QuickJobs is to provide an effective medium where students and employers can interact in an instantaneous manner, to lessen the debt on the workforce of tomorrow. (3.2) Industry Analysis:
The industry that QuickJobs will operate in is the New Zealand job searching industry.
Force: High/Low: Justification:
Buyer Power High There are many companies operating job-searching sites (with the majority market share belonging to Seek) so the buyer power is relatively high.
Supplier Power Low The main suppliers that will be used are software technicians and customer service representatives, both of which are in plentiful supply and can be outsourced to countries that provide cheaper labor, so supplier power is relatively low.
Threat of New Entrants High The threat of new entrants is quite high due to the fact that these applications and websites are not complex and in turn would not require a lot of capital to develop. There are few barriers to entry.
Threat of Substitutes High Traditional jobs searches conducted through websites and agencies are the main substitutes that QuickJobs will have to compete with, thus the threat of substitutes is relatively high.
Rivalry amongst competitors High There are many firms operating in this industry with Seek and Student Job Search being the two largest competitors for QuickJobs. Careers N.Z. listed 5 main general job searching websites.
Overall attractiveness: The job searching industry in New Zealand is a relatively unattractive industry. The supplier power is low, which help the profitability of a firm operating in the industry; however, the threat of new entrants, threat of substitutes, buyer power, and rivalry amongst existing competitors are high which will attempt to lower the profit margins. In 2012, stats New Zealand determined that 47.8 percent of the 421,764 were on the student loan scheme; that is a large amount of customers that. The job searching industry in an extremely competitive one but we believe we have a product that will give us an edge on our rivals. (3.3) The Customer and their needs:
The target customer of the QuickJobs mobile job finding app are any full time students ages 18-30 that are looking for a way to cut down the amount of student debt they are having to incur as a result of full time study. Statistics New Zealand says that the average amount borrowed by a student is $7820 a year .The plight of our target customer is the fact that study at the university level is so expensive and they are in need of appropriate jobs that allow them to maintain their academic schedule at the same time as earning a bit of extra cash for themselves. The hours have to align with their needs and cannot hinder their studying. In 2012, stats New Zealand determined that 47.8 percent of the 421,764 tertiary studiers were on the student loan scheme; that is a large amount of customers; that is a large target market. (3.4) How the product or service fulfills the customer needs:
QuickJobs is designed with the employees and employers of the 21 st century in mind. Its purpose is to connect the employers who have odd shifts and hours with the students who have equally sporadic schedules. The employers create profiles with their workplace information, the hours they need filling, and the qualifications they would like to see; the students create a profile that highlights their skillset, hours they are available to work, and any prior experience they might have. QuickJobs then matches the two parties based off of their profiles and provides them with the mean of communication. For students it needs to be instantaneous so as soon a match has happened a notification is sent. The mobile app will allow students to have more of a say on what hours they work and this will provide them with a way to help pay the way through university. (3.5.) Suppliers and Partners:
QuickJobs is lucky in the sense that the main suppliers and partners of this industry are in plentiful supply. The most crucial partner in this whole process will be the software developer that helps to create the website and application. Once the initial program is up and running we will need to partner with a firm of software technicians who will keep the software running smoothly and make sure that we are constantly updating to stay competitive.
A key supplier when there are a lot of people involved is a customer service agency that can handle any issues that our users may be having with their account. In order to collect revenues from our uses we will need pay pal to supply us with an online payment service that is clean and easy to use. (3.6) Strategy:
The Porters generic strategy that QuickJobs will be adopting is focused low cost. Our target market is students who are studying at a tertiary institution and this is a narrow market. We believe that if that following this segmentation strategy will be this most effective .The service that QuickJobs will provide will be inexpensive and affordable for students who are on a budget; The only payment we will charge happens once a successful match has occurred so the cost to use this software is relatively cheap hence the low cost strategy. We believe this will be the most effective way to position our firm in the market place and it will allow us to standout from the competition. (3.7) Value Chain Activity:
The most important value chain activity for our business is technology development (R and D).
If our application is not at the cutting edge, then we will not gain the competitive advantage necessary to succeed in the job searching industry. Our vision talks about the instantaneous manner in which students will be connected so we need to be sure that our platform is efficient and user friendly. In order to keep our expenses aligned with our cost strategy we need to have a program that runs itself the majority of the time and this will come from a strongly developed product.
(3.8) Two Key Business Processes:
Customer feedback process - In order to continually upgrade our application, we will need to constantly take in the feedback that our customers are giving us; that way we create the most user-friendly application possible. This falls under the customer service and operations management department.
Software management process - This is very important to QuickJobs as it will be the process that keeps our platform operating smoothly. This falls under operations management and also technology and development. The customer feedback process will play a large role in how the software is updated.
(3.9) Two functionalities: Customer feedback collection process: -Receive customer feedback regarding our application. -Sort feedback into relevant groupings. Software management process: -Integrate relevant feedback into software updates. -Fix any bugs and glitches that may have occurred. (3.10) Three specific systems: Customer management system- This will help to manage relationship that customers have with QuickJobs and help to collect any feedback they might have regarding our application. It will then sort this information into relevant groupings. It must be efficient and help to cut down on feedback latency. Feedback distribution system- The feedback distribution system will ensure that sorted feedback in given to the necessary departments that can utilize it to improve any business processes. It must accurately sort through the masses of information to ensure only relevant information is distributed to specific departments. Software management system-The software management systems main job is to pick up on any glitches or issues that users may be having with the software and fix them; if the fix is beyond the repair capabilities of the system then it will alert a technician to the problem so that it can be fixed.
(3.11) Summarized table:
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Technology And Development (R and D) 1. Customer feedback collection process. 1. Receive any feedback regarding application 2. Store and sort feedback into relevant groupings Customer management system
Feedback distrubution system Customer relationship management.
Decision support systems. 2. Software management 3. process. 1. Intergrate any relevant feedback into software updates. 2. Fix any issues or glitches that may have happened. Feedback distrubution system
Software management system Decision support system.
Supply chain management. Conclusion:
In order for QuickJobs to achieve its long-term vision of reducing the amount of student debt held by Kiwi graduates, it needs to redefine the way students and employers are able to connect; The speed and usability of our smartphone application will be what sets us apart from the other players in the industry. By embracing information technology we will have the means to process and manage the masses of information that will come our way. Through the uses of information systems we will be able to deliver value to our customers by taking in all the meaningful information and in turn using this to enhance our processesfor the benefit of all parties involved. By reducing the burden on graduates, we believe that the country of New Zealand will have a more motivated workforce and a stronger economy because of that.
References:
Statistics New Zealand.(2013). Student loans and Allowances: 2012. Unknown: Liz MacPherson. Retrieved from http://www.stats.govt.nz/browse_for_stats/education_and_training/Tertiary%20e ducation/StudentLoansandAllowances_HOTP12.aspx
Careers.govt.nz,. (2014). Job vacancy and recruitment websites. Retrieved 20 May 2014, from http://www.careers.govt.nz/how-to-get-a-job/job-vacancy-and- recruitment-websites/