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Propose a sustainability investment plan to improve the performance of your work

ID: 353607 • Letter: P

Question

Propose a sustainability investment plan to improve the performance of your work group or organization or an organization you hope to work for. The investment can be made in human resources, in expansion of tangible or intangible assets toward new uses, or in capital equipment or new technology. Analyze how the investment plan achieves the following: Contributes to the mission of the company Expands rewards for all major components of the value chain, which should include the company, employees, suppliers, and customers Generates wealth or value and is sustainable over time Evaluates and anticipates risks associated with the investment

Explanation / Answer

I work for a game designing firm that is competing in an ever-growing market. The investing plan that I would propose to the company would be to invest in big data and data mining facilities, expanding the human resource and training programs for the company and better facilities and project rooms. The plan is constructed on the statistical calculations of the utilization of big data in the market where there is a huge competition. To set a small company apart from other is the value it provides to the market. Utilizing big data, the company can create an advantage where they can essentially create forecasts and data charts showing customer's purchase trends and the market share for a particular genre of video game. What works, why it works and how can the success be recreated can all be answered from that data. While investing in the human resource in the form of hiring new talents and development of the existing one is always beneficial for any organization. That combined with a better facility for the workforce to work in provides the company with both technical advantage and an edge over the competition while the company develops a niche for itself or creates a product that can differentiate itself in the market. The I vestments can always have its risks associated with it which is also true for the following case. Big data is a large industry and the implementation of machine learning technology, especially for a company of a small size can be a risky investment in case they can't justify it in the long run. Just having big data and not enough resources to actually utilize that data would also prove to have no positive results.

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