This document provides details about a business that develops a device to help prevent heart disease. The device would be integrated into smartphones and use sensors to monitor a user's heart activity and health. It analyzes the data and notifies users and medical services if issues are detected. The business aims to differentiate itself through technological innovation and developing the device for broad market access. Key activities include technology development, manufacturing, and research/innovation processes. Systems like complaint analysis and inventory management are also discussed. The overall strategy is differentiation through advanced technology that can help more people manage heart health risks.
This document provides details about a business that develops a device to help prevent heart disease. The device would be integrated into smartphones and use sensors to monitor a user's heart activity and health. It analyzes the data and notifies users and medical services if issues are detected. The business aims to differentiate itself through technological innovation and developing the device for broad market access. Key activities include technology development, manufacturing, and research/innovation processes. Systems like complaint analysis and inventory management are also discussed. The overall strategy is differentiation through advanced technology that can help more people manage heart health risks.
This document provides details about a business that develops a device to help prevent heart disease. The device would be integrated into smartphones and use sensors to monitor a user's heart activity and health. It analyzes the data and notifies users and medical services if issues are detected. The business aims to differentiate itself through technological innovation and developing the device for broad market access. Key activities include technology development, manufacturing, and research/innovation processes. Systems like complaint analysis and inventory management are also discussed. The overall strategy is differentiation through advanced technology that can help more people manage heart health risks.
Name Sungwon Choi NetID scho958 Group Number: 64 Website Link: http://infosys1102014fcgroup64.blogspot.co.nz/p/d1.html Tutorial Details Tutor: Day: Time: Claris Chung Monday 3pm Time Spent on Assignment: 25 hours Word Count: 1516
2
2 PREVENTION OF HEART DISEASE INTRODUCTION Everyday people die from various cause of disasters. Heart disease is the leading cause death for both male and female. About 17.3 million people died from heart attacks representing 30% of all over global deahts. Taking USA as an example, about 600,000 people die of heart disease every year in America which means 1 in every 4 deaths. But at least 200,000 of these are preventable, ("WHO | Cardiovascular diseases (CVDs)", 2013). Heart disease is very big problem in our sociey due to the fact that it takes away numerous valuable lives from people such as children at school or senior survialance. (Heart Disease Statistic, 2012.). Our device intends to benefit those at high risk and already receiving some form of surgical treatment. The patient/customer will only be required to carry smart phones equipped with our new divice technology that consists of electrocardiogram machine, x-ray machine and humidity sensor. The device initiates whenever someone is using smartphone. We decided to our device to be assimulate with smart phones because it is protable and nowdays a lot of people carry smartphones - One in every 5 people in the world own a smartphone (Heggestuen, 2013.). After the intiating, the EKG, chest x-ray and humidity sensor will be started then it processes and analyse it. At last the users cardio condition is generated and distributed back to the users from the data base. 3.BUSINESS SECTION 3.1 Vision Vision is to heal the world by providing advanced equipment for the body health that cured humand kind 3.2 Industry Analysis: Medical Detection Machine Industry Industry: Our industry is a Medical Detection Machine Industry Force: High/Low: Justification:
3
3 Buyer power:
Low If customers dont want to use the detection machine to scan their body to indicate a condition of disease then there would be very few alternatives to choose such as seeing doctors in hospital for a diagnosis which is inaccurate (Levesque, 2014). Therefore customers have few ways to detect their body to prevent from diseases, making buyer power low. Supplier power: Low The supplier power will be low as the products in this industry need to be made of high technological materials such as hardware (Emspak, 2013). Threat of new entrants: High There are high barriers to entry due to the fact that it is relatively expensive to start up a machine industry that requires high mechanical skilled workers and expensive equipments. Most traditional X-ray devices are and costly. (University of Nebraska-Lincoln, 2013) Threat of substitutes: Low There are very few choices to scan the body and record heart conditions if not using detection machines. Therefore there are few substitutions for scanning detection instead of machine lowers threat of subtitles. Rivalry among existing competitors: High The competition between firms in this industry that provide body scan/detection machines is high as the numbers of firm are relatively big.
4
4 Overall attractiveness of the industry: Overall this industry is very attractive; Even though the threat of new entrance and competition among firms is high, it has low buyer power, supplier power, threat of substitutes. 3.3 Customers and Thei r Needs Our main target market is senior people who have symptoms that might indicate a heart disease as its very unlikely that students or younger children will have serious heart disease. Americas seniors have historically been late adopters to the world of technology compared to their younger compatriots, but their movement into digital life continues to deepen, according to newly released data from the Pew Research Centre (Pew research, 2014.). Therefore we will be concentrating on meeting the needs of wealth adult people who are worried about their body condition 3.4 The Product and Service This device will provide early detection of heart attacks by monitoring of hearts electrical activity and allow customers to fully understand their heart condition at any time, therefore eliminating delays in receiving medical treatment which leads to life saves and improvement quality of living. The device will also make automatic call for medical assistance if their heart level exceeds the standard limit which improves healthcare services to at risk population. 3.5 Suppliers and Partners Firstly we will need a supplier that is very professional at engineering tools such as micro chips that can be attached in to smartphones. This supplier will need to be well informed with recording devices and also be able to provide the right materials to create our idea. Also this device needs to be assimilated with smartphones therefore we have to form a close with major smarphone industries such as Samsung or Apple. Also we have to establish a partnership with medical service centre that provides the data and information about health status for heart disease. Another suppliers that we might need are accounting firm and advertising firm which can help us to operate efficienltly and easily. 3.6 Strategy: Differentiation
5
5 The strategy for our heart attack saver industry is cost leadership that is used high cost to broad market. This is due to the fact that in order to make this device, it requires a high quality effort by professional workers which needs a large number of money. We want this to be available to anyone with a smart phone to help the problem therfore we target our product at broad market as a competitive scope. The overall strategy is therefore Differentiation 3.7 Value Chain Activity: Technology Development The most important value chain activity for this business is Technology Development Technology development is the most significant value chain activity for our business. This is because we are providing our product not only for the current generation but also next future people to cure the world as long as we can. Technological development (and research and development) adds value us by reducing the technological costs, maintaining technical excellence and staying with advanced world technology. This is important to our business because the progress of technology is continually moving forward which means the possibility of preventing disease and saving lives is increasing rapidly. Therefore we must absorb the innovation and provide our customers with the device they demand. 3.8 Business Processes 3.8.1. DEVICE MANUFACTURI NG PROCESS A relevent key business process is device manufacturing process as the device requires with good quality materials from suppliers by sending a requisition so that high skilled engineers and technologists can manufacture the product. This process is very important because our device a is coslty and advanced product therefore to ensure the premium quality of the product, the device manufacturing process very significant as it should be high quality assurance to customers.
6
6
3.8.2. TECHNOLOGYCAL INNOVATION PROCESS -By investing in lastest technology, the business can maintain technical excellence and stay with advances in the fast paced world of technology. This process allows our business to keep up with the technology that is constantly changing and evolving therefore we can contiunally provide our customers an updated device with a development of up-to-date equipment and progressive scientific knowledge.
7
7
8
8 3.9 Functionalities 3.9.1. DEVICE MANUFACTURI NG PROCESS Receive materials from suppliers in order to manufacture the product Create the product by machines, engineers and technologists as they receive the materials 3.9.2. TECHNOLOGYCAL I NNOVATION PROCESS Reasearch the current stage of modern technology Update the device by way of information received from researchers. 3.10 Systems
3.10. 1. COMPLAINTS ANALYSIS SYSTEM - A relevant system for our business is complaints analsis system as a specific system.They have to ensure to their customers that the device is innovative and high quality equipment that gives accurate information of their body. Therefore they have to get feedbacks from them customers to meet their needs. 3.10. 2. INVENTORY ORDERING SYSTEM Due to the fact that the cost of our device is very enormous, we should make sure that we have an appropriate amount of inventory. Therefore this system can ensure not to exceed the inventories that matches supply and demand which will reduce the cost and enhance the productivity. 3.10. 3. TREND ANALYSIS SYSTEM By analysing the trend of technology, we can be the first to have new technological technique to improve and update the product so it can detect the disease more precisely. This is significant system due to the fact that customers intend to adapt quickly to new evolution therefore if we cantt keep up with the developed technology, then other initial competitors would have greater detection programmes for that product.
9
9 3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Technology Development 1. DEVICE MANUFACTURING PROCESS 1. Receive materials from suppliers in order to manufacture the product.
2. Make the product by machines, engineers and technologists as they receive the materials COMPLAINTS ANALYSIS SYSTEM
INVENTORY ORDERING SYSTEM Customer relationship management system (CRM)
Supply chain management system (SCM) 2. TECHNOLOGYCAL INNOVATION PROCESS 1. Reasearch the current stage of modern technology.
2. Update the device by way of information received from researchers. TREND ANALYSIS SYSTEM
Decision Support Systems (DSS)
Customer relationship management cheese system
10
10 CONCLUSION In conclusion the present of scientific technique is evolving enormoulsy as the people adapt in to it so our business think our product called heart saver can solve the problem of sickness . Therfore we can help customers all over the wolrd to prevent and cure a heart disease quickly and efficiently by using the advanced technology due to the fact that it is portable and can be used anywhere anytime. And if this business becomes successful then we would expand our business not only detection device for heart disase but also all kinds of disease that take numerous valuable lives from people in the world. REFERENCES
1. Smith, A. (2014, April 3). Older Adults and Technology Use. Retrieved from http://www.pewinternet.org/2014/04/03/older-adults-and-technology-use/
2. WHO | Cardiovascular diseases (CVDs). (2013). Retrieved from http://www.who.int/mediacentre/factsheets/fs317/en/
3. Heart Disease Statistics. (2012). Retrieved from https://www.cardiosmart.org/Heart- Basics/CVD-Stats
4. Heggestuen, J. (2013, October 19). One In Every 5 People In The World Own A Smartphone, One In Every 17 Own A Tablet. Retrieved from http://www.businessinsider.com.au/smartphone-and-tablet-penetration-2013-10
5. Emspak, J. (2013, May 7). Disease Detection Goes Mobile. Retrieved from http://news.discovery.com/tech/biotechnology/disease-detection-goes-mobile-130507.htm
6. Levesque, W. R. (2014, May 23). Retrieved from http://www.tampabay.com/news/military/veterans/st-pete-veteran-dies-after-vas-delay-in- cancer-diagnosis/2181224
7. University of Nebraska-Lincoln. (2013, November 24). Scientists develop novel X-ray device: New way to generate synchrotron X-rays. ScienceDaily. Retrieved May 24, 2014 from www.sciencedaily.com/releases/2013/11/131124200514.htm