Digital Strategy Environmental Scan COMM 190: INTRODUCTION TO DIGITAL BUSINESS AND TECHNOLOGIES Due Date: January 31 s t , 11:59 pm EST Learning Objectives This assignment will assess your individual ability to do the following: • • Describe an organization's "Digital Products or Services" in terms of how it leverages Digital Technology Interpret an organization's "Digital Strategy" from an external point of view based on their "Digital Products or Services" Description For this assignment, you will identify a Small to Medium-sized Business to interpret their Digital Strategy. Most organizations of this size won't have a formally documented Digital Strategy, but one can be interpreted based on their background, values, and Digital Products and Services. This is a typical process used by employees, consultants, and entrepreneurs who recommend how an organization can create Differential Value. This is not an easy task; even professionals struggle with this process. Therefore, the intent of the assignment is NOT to correctly identify an organization's Digital Strategy but to work through the steps required to interpret one. Steps to Interpret a Digital Strategy 1. Find a Small or Medium-sized company with a Digital Product or Service that interests you. Some potential sources are listed below. o Canadian – Top 100 o American – Glass Door o Global – Europe, Asia Try and find one that you have experience with either as a customer, you studied, or from the news. Note: The assignment requires that you only use publicly available documents. You should not be referencing any internal documentation. Should you find a published Digital Strategy, you will need to identify another company. 2. Scan their website, public documentation, social media, news articles along with their Digital Products and Services. o You are looking to get a sense of how they are using Digital Technologies in conjunction with their Products or Services. o For example, are they using Digital Technology? § in their Products or Services? § to sell their Products or Services? § to integrate with other Products or Services? § to create their Products or Services? 3. Based on your research, you are looking to decide what their value driver is (Increase Willingness to Pay or Reduce Costs). Deliverable After you have completed your research, you should have a good idea of the organization's Digital Strategy. Use the provided template to document your research and the company's Digital Strategy. The completed template is what you will submit to the course website. Requirements Your submission should adhere to the following requirements • • • • No more than Two Pages single spaced No less than a 10-point font No less than half-inch margins Source all of the publicly available documents used Deliverable Template <COMPANY NAME> Digital Strategy Company Description In this section, you want to describe the organization, their business model, organizational purpose, and anything relevant about how they view Digital Technology. Make sure to include a rationale as to why you chose the company, along with what qualifies it as a small or medium-sized business. Digital Product or Service Description Here you will choose a Digital Product or Service and describe how it leverages Digital Technology. For example, what Digital Technology are they using? 1. 2. 3. 4. in their Products or Services? to sell their Products or Services? to integrate with other Products or Services? to create their Products or Services? Digital Strategy Interpretation In this section, you will write what you have interpreted their Digital Strategy to be, and any recommendations to improve. Sources of Publicly Available Documents In this section you will identify all the publicly available documents used in your research. <Title or Description of Documents> - <URL for Document> <Title or Description of Documents> - <URL for Document> <Title or Description of Documents> - <URL for Document> RUBRIC Company Description Exceeds Expectations (100% – 80%) Meets Expectations (80% - 60%) Does Not Meet Expectations (60% - 0) Weight • • The company is well described, including their Business Model and organizational purpose (what are they trying to achieve?) The selection justification and criteria are clear and reasonable. It was clearly documented that the company qualifies as a Small or Medium Business The Digital Product or Service is well documented, described, and integrated as part of an Information System (technology, process, data, people). The Digital Product or Service identified qualifies as a Digital Product or Service. It is clearly described how digital technology is used in their Digital Product or Service • The company was not well described, missing components or the Business Model was unclear The selection was poorly justified or not included It was not clearly documented that the company qualifies as a Small or Medium Business 15% The Digital Product or Service was not well documented and described, or missing The Digital Product or Service does not qualify as a Digital Product or Service It is not clearly described how digital technology is used in their Digital Product or Service 40% The Digital Strategy for the company is defined and differentiated from a business strategy or technology strategy. The Digital Strategy is clearly described, actionable and reasonable for the company and Product/Service identified. An interpretation of the company's Digital Strategy is provided that highlights strengths and/or weaknesses. • The Digital Strategy is not clearly described, actionable or reasonable for the company and product presented. 40% The selection justification includes relevant course concepts • • Digital Product or Service Description • • Digital Strategy Interpretation • • The discussion of how digital technology is part of the company's Digital Product or Service incorporates relevant course concepts A justification of how the digital technology contributes to the Business Model and/or organizational purpose is provided The Digital Strategy incorporates relevant course concepts. Recommendations for improving the company's Digital Strategy are provided and fit with the Digital Product/Service, and with the Business Model or organizational purpose • • • • • • • • • • • Professionalism • The written assignment flows well and is professionally structured, with virtually no spelling or grammatical errors. • • The written assignment is organized, has a logical structure, and has very few spelling or grammatical errors. All publicly available documentation has been sourced • • The written assignment is not well organized, does not have a logical structure, or has many spelling and grammatical errors. There are no sources for the publicly available documents 5%