Professional Documents
Culture Documents
MANAGEMENT SCIENCE
GROUP ASSIGNMENT
GROUP MEMBERS
NAME STUDENT ID
YONG MAY SIA 0327724
CHOOK KAI ERN 0327697
CAROLYN LOW SING YEE 0327652
THE WAN XIN 0326553
YAP YUEN THONG 0326557
LOW YI MENG 0330506
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Table Of Content
1.0 Company Profile
a. Company Background
b. Our Vision
c. Our Mission
d. Our Goals
e. Organization Chart
f. Value Statement
g. Strategic Planning
h. Organization Culture
i. SWOT analysis
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3.0 Technologies
a. Information Technology and Information Management Skills
b. Information Technology
c. How Our Company Utilize Information Technology
d. Competitive Advantage of Information Technology
e. Information Management Skills
f. How Our Company Utilize Information Management Skills
g. Competitive Advantage of Information Management Skills
h. Information Management Challenges
i. Principles
j. Company Competitive Advantages
k. Sustainable Competitive Advantage
4.0 References
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Company Profile
Company Background
YMS Company is a company that was set up in the year of 2018 by five Quantity
Surveyors. Each individual had already worked in the construction industry for at least
ten years, therefore, are experienced in the field of quantity surveying with an excellent
track record. YMS Company is a Malaysian company that specialized in cost
management and quantity surveying services on a vast range of construction projects,
including buildings, civil engineering, industrial, infrastructure and major highways
projects. YMS Company assures the consumers are content by using modern
technology for an efficient and accurate calculation. Currently, YMS Company has a
total of 22 diligent staffs.
Our Vision
The description of the ultimate goal that our company wants to achieve through the
long term. It will evoke emotional feelings in our company staff. It is a goal that should
use longer time to achieve.
Our company vision statement is, we want to become an international company that
received project from the others country. Next, we want to become the top 5 QS
Company in Malaysia.
Our Mission
A short-term statement; it is the description of our company current status it provides
direction for the employees, to let them know what they should do for the company.
Our company mission statement is to be more efficient, so that we can pass our job to
the client before the deadline given. To be efficient, we should save time and be more
discipline by start our work on time and don’t do others things that are not relevant to
our responsibility of our work in our working time.
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Our Goals
Long term goal
Long term goal is a goal that takes longer time to achieve (e.g. 10 years).
The long-term goal in our company is to become an international company that
receiving project from the others country and become top 5 QS Company in the
Southeast Asia.
Mid term goal
Midterm goal is a goal that needs few years to achieve (e.g. 3 to 5 years).
The mid-term goal in our company is to become a bigger company with more staff and
bigger space. Next, we have more capital to purchase on the better QS software that
can improve the speed of our work to shorten the time used for the project.
Short term goal
Short term goal is the goal that used short time to achieve. The short-term goal in our
company is to become more efficient by finish the project that we received, two weeks
before the deadline given by the clients.
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Organization Chart
Director
● Started the company and lead the staff of the company to do their works.
● Lead the staffs to achieve the goal that set by director.
● Approve the good plan that made by the staff.
● Reject the plan that is not good or impossible.
Deputy Director
● Support the director in the development and implementation of the Foundation’s
strategic plans and policies.
● Provide some advices about the direction of the goal of our company to all the staff in
our company.
● Communicate with the staff and the director.
● The middle man of the staff and the director.
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Project Coordinator
● Responsible to communicate with our own company project manager and the clients
that giving us the project.
● Project coordinator makes sure that our company cooperates with the client in a good
condition and reached the level that the clients required.
● Make sure the project we received is done before deadline given by client.
Project Manager
● Divide the task of the project and distribute the task to the staff.
● Make sure that the staff manage to finish their task before the deadline given by project
coordinator.
● Make sure that our company can submit the job for the clients before the deadline given
by the clients.
Senior Quantity Surveyor (special project division)
● Give advices about the calculation of the project to the quantity surveyor.
● Proof read the calculation of the quantity surveyor to make sure that there is no error for
the calculation and then submit it to the project manager.
Quantity Surveyor (special project division)
● In charge of finishing the task that assigned by the project manager.
● Reading the drawings that given by the client to do calculation for the project.
● Go to the project site to know more about the process of the project.
Assistant quantity surveyor (special project division)
● Help the quantity surveyor by helping them to read the drawing and find out the query
for the drawing of the project.
Quantity Surveyor (consultancy division)
● Consult the client by giving cost suggestion about the material used for the clients.
● Giving information of the project to the client.
● Answer the question about the project that asked by the clients.
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Assistant quantity surveyor (consultancy division)
● Help to find out the most suitable building materials with the price required by client for
the quantity surveyor to introduce it to the client.
● Help to find out the answer of the question and give it to quantity surveyor.
● The technician in our company is responsible to repair our software when the software
broke down.
Chief technician
● In charge of observing the way of using better technique to repair the software.
● Trained the senior technician in the company to help to repair the software.
Senior technician
● In charge of the major problem of the software.
● Trained the junior technician to repair the major problem of the software.
● Learned from the chief technician.
Junior technician
● In charge of the minor problem of the software that occurs when the quantity surveyors
are doing their calculation of the project.
● Learn from the senior technician.
Accountant
● To count the salary of the staff in the company.
● In charge of the profit and loss of the company.
● Prepares account (liabilities, capital, assets) to count the profit or loss of the company.
● Collecting and releasing the money of the company.
Accountant Clerk
● To record down the expenses used in the company.
● To record down the cost of the things used in the company.
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Human Resources
● In charge of recruiting more staff into the company when there is too much job but lack
of staff.
● To make sure that company have enough staff to run the project given by the client.
● In charge of the annual leave or any other leave that take by the staff.
● Approval of taking leave by the staff.
● Determine the need of the staff.
● Provide training to the employees.
● Motivate the employees of the company.
● Provides opportunities for the staff in the company to perform their strength.
Human Resources Clerk
● Assist the human resources department.
● Communicate with the staff in the company to know more about their needs to tell the
human resource department.
● The policy training company is provided by them to the employees of the company.
● Record the leaves that take by the staff.
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Value statement
The value statement is a statement that used to tell the clients and the staff of our
company about our company top priorities. Our company value status is, we are
responsible to submit the work in time, in best condition; we are efficient and we work
effectively to finished the project one-week before the deadline given by the client.
Strategic planning
We plan to take project from the development company first, due to our company is still
a company, we do not have the power to tender the bigger project from the
development company due to experience problem and the market cost of the building
materials.
We will start to research the building materials company that provide good quality and
cheaper building material, so that we can lower our project cost usage. By this way, we
can easily tender more project from the development company.
Organization Culture
We always finished our work in time without any delaying. Our employees have good
self-discipline that they do not late for work and able to arrange their schedule to finish
their task on time.
We work effectively and we perform high efficiency in our job to finish our things in
shorter time.
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SWOT analysis
The strength of our company
● High experience: We have ten years' experience in the construction industry.
● High efficiency: We are efficient, we manage to finish the project before the deadline
given by the client.
● Accurate calculation: We manage to provide a good quality calculation by using the
skills that we learned for the past few years in the company.
The weakness of our company
● Number of employees: We have too few employees in our company for now.
● Status of the company: We are a small company with less staff so that we are
unavailable to handle big project.
● Limited Resources: We just started our company, we have limited resources for
everything we want to do in the process of doing the project.
The opportunity of our company
● More capability to faces changes: We are a new company in the quantity surveying
firm market, so that we can easily change our form of working to become more effective
in doing the project compared to the big companies that in the market for many years
they cannot change their form easily, it is harder for them to become more effective by
using the traditional way they used for long time ago.
The threat of our company
● Stronger competitors in the field: We are a new company and there are a lot of
well-known quantity surveying firm in the construction market.
● Things provided to client is lesser: We cannot provide better things than the
well-known company in the field for now. Due to our limited resources for everything.
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Management Trainee Programme
About
The Management Trainee Programme is designed for the graduates to undergo training
and receive guidance for their career path. This is to develop their skills and potential in
becoming a manager or leader in an organization. The trainees will be provided with
the opportunities and enable the trainees to experience the aspects of the business and
roles. It will also provide the basic knowledge of the roles in the company.
As a start of the company and the Management Trainee Programme, we wish to recruit
three (3) different management trainees into the company.
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● Manage budget
● Allocate project resources
● Create schedule and project timeline
● Monitor and report on project progress
● Present to stakeholders reports on progress as well as problems and solutions
● Implement and manage change when necessary to meet project outputs
● Evaluate and assess result of project
3. Accountant
● Prepare asset, liability, and capital account entries by compiling and analyzing
account information
● Documents financial transactions by entering account information
● Summarizes current financial status by collecting information; preparing balance
sheet, profit and loss statement, and other reports
● Substantiates financial transactions by auditing documents
● Maintains accounting controls by preparing and recommending policies and
procedures
● Reconciles financial discrepancies by collecting and analyzing account
information
● Secures financial information by completing database backups
● Prepare payments by verifying documentation, and requesting disbursements
● Prepares special financial reports by collecting, analyzing, and summarizing
information and trends
● Maintains customer confidence and protects operations by keeping financial
information confidential
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Selection Criteria
● Candidates must have Bachelor’s degree from an accredited university with a
minimum of CGPA 3.0 or equivalent.
● Fresh graduates are welcome.
● Proficient in spoken and written English and Bahasa Malaysia languages. Ability
to communicate in other languages is an added advantage.
● Demonstrate good interpersonal and communication skills to build working
connection with all parties involved in the project.
● Ability to work well independently as well as in group setting.
● Positive attitude towards work.
● Demonstrate strong leadership skills.
● Demonstrate time management skills.
● Computer literate in Microsoft Applications. (For example: Excel, Word, etc.)
Ability to use any other useful software is an added benefit.
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Development Plan
The Development Plan is a two (2) years comprehensive programme that prepare
high-performing talent and develop the management skills for becoming the future
leaders of our business. This plan will consist of three (3) phases where the trainees will
have to show us that they share our values and have their own distinctive strengths.
Interacting Phase Advancing Phase
(18 months)
Induction Phase
Continuous monitoring of trainee’s performance and
development
1st Month
● Full- in-house training to expose trainees about the basic information of the company
and our principles, values and business conducts.
● Introduction to terms and conditions of company. (For example: holiday entitlement,
expense claims, etc.)
● Any regulatory requirements. (For example: certain forms to be completed)
● Introduction to key members of staff.
2nd to 6th Month
● Learning of the works need to be done in the specific position
● Deeper exposure to the roles of our operation
7th to 24th Month
● Undertake 2 positions, which is from specific departments of the company.
● Provide direct coaching by a senior management to increase the understanding of the
company businesses and operation.
● Participate in internal staff training sessions.
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Interview Activities
It is increasingly common procedure for the employment of a company to undertake a
variety of assessments and activities during the job interview process. An interview is
formal meetings between two people which are the interviewer and the interviewee
where questions are asked by the interviewer to obtain information, qualities, attitudes,
wishes and so forth form the interviewee. Interview is one of the most essential step
during employment because it connects both the employers as well as job seekers. It
assists employers in selecting a right person for a right job. Hiring the right employee is
a challenging process so the selection of candidates during an interview is important to
ensure that the applicant has the right attitude, personality and skills required in the
company. An interview could also act as a platform for the applicants and the company
to exchange information. Interviewers use interviews to judge a potential candidate's
demeanor, professionalism and communications skills. The interviewer can also ask
specific questions that pertain to the position or give the applicant a chance to gather
information about the company or job by asking additional questions. Throughout an
interview can help to eliminate bad candidates and narrow down the selection to few
potential candidates.
Pre-Screening Interview
Phone Interview
This is the first stage in an interview where candidates are screened to ensure they
meet the requirements for the available position in the company. Phone Interview is a
useful method of pre-selecting or screening a number of candidates for a potential job.
We decide to use this type of interview as the number of applications for a particular
position may be too much in order to reduce stress and screen out unqualified
applicants. Opting for phone interview can help reduce the number of candidates that
do not meet requirements, thus it can help save the cost of transportation if the
organization is hiring internationally.
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Though, pre-screening process can include questions about diverse topics but the ones
most likely to be asked are:
Question 1: Which part about this company or this role that particularly interests
you?
Candidate’s Answer: The first thing that gained my attention when I reviewed the job
application was consultant quantity surveyor. This was especially attractive to me because it
gives me the chance to skills and experience with the expertise quantity surveyors to work
with. I have been looking to move to a company which offers me the opportunity to work.
Question 2: Why did you leave your previous job?
Candidate’s Answer: I found myself bored with the work and looking for more challenges. I
am an excellent employee, and I didn't want my unhappiness to have any impact on the job I
was doing for my employer.
Question 3: What type of work environment do you prefer?
Candidate’s Answer: I enjoy working in an environment where the members of the team have
a strong sense of camaraderie and a good work ethic. I like working with competent, kind,
funny people who like to get things done. It’s important to me to feel that I can trust my team
members to always do their best, because I do.
Individual Interviews
Individual interviews as known as 1-0n-1 interviews which are the traditional one candidate at
a time approach to hiring, where questions can be more direct and more information about the
candidate can be shared. In this format, it is much easier for the interviewer to ask additional
questions to better understand responses and to gauge the accuracy of the answer. Individual
interviews allow you to probe their attitudes, beliefs, desires, and experiences to get a deeper
understanding of the candidates who come to apply job. Interviewers can also ask them to rate
or rank choices for site content. Lastly, we decided to carry out face-to-face interview.
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Face to Face Interview
We will carry out face-to-face (F2F) interview as known as in-person interview, is
probably the most widely used and oldest methods of conducting primary research.
This is the interview that most are familiar with and typically takes place after a phone
screening interview. It is typically established that candidates have the requirements for
the position from the resume and screening interview. The interviewer wants to see
how the candidates will fit into the company and will ask questions to test listed skills
and experience. This interview will take about 20 to 30 minutes for an interviewee to
answer a few questions given by the interviewer to test their ability on the
conservation, concentration, emotion and behaviour.
Question 1: Why should we hire you?
Candidate’s answer: I am young, eager to learn, and motivated to work hard. I have the
passion for numbers, and I would really enjoy having this job. Of course I haven’t met the other
applicants for the job, and they are likely also motivated and ready to work hard, but I believe I
would be a good choice for this position.
Question 2: What characterize a good boss or colleague from your point of view?
Candidate’s answer: Ideal boss doesn’t exist, and it doesn’t even matter to me. I want to focus
on my job, and my duties, and I try to avoid any conflicts with other employees. Everyone is
different, and I respect the individuality of each person. But I do not try to think much about my
colleagues, what they should do better, how they should act. I simply prefer to focus on my
own duties, and on my good attitude to other people. That is the only thing I can control.
Question 3: What are your salary expectations?
Candidate’s answer: This is my first job application, and I am motivated to learn. I understand
it is an entry level position, so the salary offer won’t be great. At the same time, however, the
possibilities of promotion are almost endless, so I would accept your standard salary offer for
entry level jobs. I am sure that once I prove myself worthy of promotion or a raise, you won’t
hesitate offering it to me.
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Interview Tests
When preparing an interview, it is essential to establish exactly what information
interviewers need to obtain from the interviewee. Some job vacancies require a specific
level of skill or intelligence and this may be difficult to ascertain by simply asking the
standard interview questions to the candidate. It is therefore useful to consider one of
the following tests that can be given to candidates at interview stage to evaluate their
suitability to the role on a more qualitative and quantitative level so we will be carrying
out a few test during the interview. We will describe to the candidates, the type of test
given, its structure and the criteria assessed. The below tests are some of the most
frequently used by interviewers.
Personality tests
Personality tests assess the degree to which a person has certain traits or dispositions
or predict the likelihood that a person will engage in certain conduct. Ideally, the
objective is to determine if a candidate will be a good fit for the job and the company.
Personality tests are usually written in such a way as to reveal any attempt at
dishonesty. The goal of employment personality testing is to hire people who fit the
profile of the ideal employee the organization is seeking. Knowledge and experience are
important in the hiring process, but screening for the right personality traits helps
interviewer to ensure potential hires perform well under stressful circumstances and
collaborate with their coworkers.
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Situational tests
If interviewers want to observe how a candidate will perform in a real job related
situation, they can introduce situational tests to the interview. This is where a work
situation is simulated and the candidate is required to act in a way that they would if it
was a real situation. This type of test enables us to decide between short list of suitable
candidates as to which one will perform best in the role. By simulating work situations,
interviewers can observe how each candidate reacts and uses their initiative to assess
their overall suitability for the job.
Aptitude tests
Aptitude test are among the most popular interview tests given to candidates as they
help to identify and effectively measure a candidates reading, writing, verbal reasoning
and numerical ability skills. These forms of tests, like many others, can be tailored to
suit company requirements, or can be purchased in a standard format. One of the main
advantages of using aptitude tests as part of hiring strategy is that is reflects an
accurate account of an individual’s skills and can help interviewers to filter a short list
quickly.
Job Knowledge Tests
Job knowledge tests typically use multiple choice questions or essay type items to
evaluate technical or professional expertise and knowledge required for specific jobs or
professions in a particular field. For instance, a quantity surveyor may be asked about
basic measurement principles. These kinds of tests are most useful for jobs that require
specialized knowledge or high levels of expertise.
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Group Assessment
After passing the previous interviews, a group assessment is carry out which is an assessed
discussion exercise that involves a small group of candidates which is usually 8 to 10 people
which takes around 45 minutes, following a question posed by interviewer. Group assessment
is very similar in nature to a panel interview. Candidates are usually given some information
relating to a business scenario before the group exercise begins, with a short amount of time
available to read this and make notes. Candidates will then be asked to join the other
candidates and will all be briefed to discuss the information provided and reach a conclusion. A
common variation is for each person in the group to be assigned an individual role and given
some extra information only he or she sees, in addition to the common information. Group
assessment with multiple candidates are very efficient as they allow the interviewer to conduct
multiple interviews at the same time, saving a lot of time.
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Technologies
Information Technology and Information Management skills
Information Technology and Information Management skills are widely used nowadays
all over the world as the development of the technology increased rapidly. There are
many advantages can be found in using these information systems when they had
been utilized efficiently. It will also bring a lot of opportunities to the companies
because through the information systems, all the works can be done efficiently and the
productivity of the works also can be maximized. In our company, these information
systems allow faster and easier communication, electric storage of the documents and
also the protection of the records. Hence, utilizing information technology and
information management skills can help in creating competitive advantages to the
companies.
Information Technology
Information Technology (IT) is the use of computers to store, retrieve, transmit and
manipulate data or information, often in the context of a business or other enterprise. IT
is also considered as a subset of information and communications technology (ICT). The
main role of IT is to monitor process and circulate data to assist in managing, checking
and building determinations for the governing body. Besides that, IT is a very important
requirement for improving the way of managing and running an organization.
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Building Information Modelling (BIM)
BIM technology plays a very important role in our company, it also has become
increasingly well-known among construction industry. BIM is an intelligent 3D
model-based process that gives architect, engineering, and construction (AEC)
professionals the insight and tools to more efficiently plan, design, construct, and
manage buildings and infrastructure. It contributes in the preparation of construction
cost estimates, and also determines the project costs. BIM also improve the cost
estimating reliability, including early schedule information, quicker predictions of cost
impact of design changes and also better understanding through improved
visualisation. Hence, it brings a lot of advantages to our company in terms of make the
projects can be done faster and save a lot of time. Besides that, BIM also creates
information integration with a seamless flow of information from the initial phase to the
final stage of life cycle.
Example of categories of BIM capabilities in our company
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Glodon or Cubicost
Glodon take off for architectural and structural also known as TAS, it is a suite of
quantity take-off software based on the Building Information Modelling (BIM)
technology for architecture and structure, which is embedded with ground breaking
3-dimensional measurement and calculation rules. It can take-off the quantity from
electronic drawings or images with immediate 3D visualization effect and shows
accurate results for each component in real time. It also works with Cubicost TRB.
Furthermore, it also increase the detail given such as room specifications with items like
finishes, skirting, flooring, ceiling and column cladding applied with a single click to a
room. Hence, it saves a lot of time in using this software and it is also very easy to use.
For Cubicost take off rebar which also known as TRB, it is a software for calculating
and measure the length, weight, quantity and shape of reinforcement bar used in the
structural of the project. In addition, Cubicost take off for mechanical and electrical
which also known as TME is a BIM-based quantity software take off for mechanical and
electrical components. It helps to calculate and measure the types, quantities,
measurement of the components and hence it easy the measuring time.
Lastly, Cubicost TBQ is an innovative, efficient cost estimating software. It helps to take
off bill of quantity and process the full bill of quantity. It also works with TAS, TME and
TRB to produce the full bill of quantity.
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Information Management Skills
A process of collecting, storing, managing and maintaining information in all its forms. It
is a term that include policies and procedures for managing and share out the
information among different individuals, organisations, cooperation and information
systems throughout the information life cycle. Information management is normally an
firm information system concept, where an organisation creates, owns and achieve a
suite of information. The information can be in the form of physical data such as papers,
documents and books, or even digital data assets. Information management is achieved
through purposely built information management systems and by supporting business
processes and guidelines. Moreover, information management also focuses on how that
information is being shared and delivered to various recipients.
Information management skills include the general concepts of management, which
includes planning, organising, structuring, processing, controlling, evaluation and
reporting of information activities which is required for those with organisational
responsibility or purpose that depend on information. It resembles and overlaps with
the management of technologies, systems, datas, processes.
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Document management system (DMS)
A document management system is a system used to track, manage and store
documents and reduce paper. Most are capable of keeping a record of the various
versions created and modified by different users. The term has some overlap with the
concepts of content management systems. It is often viewed as a component of
enterprise content management systems and related to digital asset management,
document imaging, workflow systems and records management systems.
Records management system (RMS)
Records Management system is the management of records for an organisation all
through the records-life cycle.
The activities in this management include the structured and productive control of the
establishment, preservation and destruction of the records along with the business
transactions associated with them. Considered a key component of operative
productivity, record management adds more benefit to organisation’s information
assets.
Digital asset management (DAM) system
Digital asset management system offers an effective solution for a firm to store,
organise, find, restore and share digital files. Quick to deploy and easy-to-use, a
centralised digital library provides peers, employees, clients, contractors and any other
key stakeholders controlled access to digital assets including images, photos, creative
files, video, audio, presentations, documents and more.
Learning management system (LMS)
Learning management systems automate the management of training and other
learning. This consists of registering students, managing training resources, recording
results, and general course administration. Learning management systems are
designed to meet the entire needs of professional trainers and other educators.
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Learning content management system (LCMS)
A Learning Content Management System is a tool or software that gives an
organisation or a company to create and publish learning content and to publish it in
prints and web forms. A Good Learning Content Management Systems will also have
analytics to see the data on how learners are interacting with your content, and some
offer a single-source input, which allows you to create the content once then select
which format you’d like to publish it in HTML, PowerPoint, PDF, etc.
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Information Management Challenges
Organisations are come face to face with many information management problems and
issues.
Common information management problems include:
● Massive amount of different information management systems.
● Small-scale integration or coordination between information systems.
● Vary of legacy systems requiring upgrading or replacement.
● Direct competition between information management systems.
● Limited and irregular adoption of existing information systems by staff.
● Substandard quality of information, including lack of consistency, duplication,
and outdated information.
● Very little recognition and support of information management by senior
management.
● Limited resources for utilising, managing or improving information systems.
● Huge amount of various business needs and issues to be addressed.
● Lack of clarity around broader organisational strategies and directions.
● Complications in changing working practices and processes of staff.
Principles
To ensure that information management activities are effective and successful there are
ten key principles:
1. Identify (and manage) problems
● There are a lot of challenges that need to be overcome when planning and
implementing information management projects.
2. Focus on adoption
● Information management systems are only successful if they are actually used by staff,
and it is not enough to simply focus on installing the software. In practice, information
management systems need the active participation of staff throughout the organisation.
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3. Deliver clear & visible benefits
● This allows significant measurement of the effect of the projects on the operation of the
organisation.
4. Emphasise according to business needs
● In this way, information management projects are targeted at the most critical business
needs or issues. These in turn are originated from the overall business strategy and
direction for the organisation as a whole.
5. Take a ‘journey of a thousand steps’
● This approach will be able acknowledge that there are often plenty of small changes
that are required to improve the information management practices across an
organisation.
6. Provide a strong leadership
● At first is to create a clear vision of the desired result of the information management
strategy. This will describe how the organisation will operate than just explaining how
the information systems will work.
● Effort must then be put into bringing a plenty amount of sense of urgency to drive the
deployment and adoption of new systems and processes.
7. Mitigate risks
● At the beginning of planning an information management strategy, the risks should be
clearly identified. An approach must then be identified for each risk, either avoiding or
mitigating the risk.
8. Communicate extensively
● Communication is to ensures that staff have a clear understanding of the project, and
the benefits it will deliver.
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9. Aim to deliver a smooth user experience
● Delivering a single intranet that gives access to all information and tools.
● Ensuring a consistent look-and-feel across all applications, including standard
navigation and page layouts.
● Providing ‘single sign-on’ to all applications.
10. Choose the first project very carefully
● The first project must be chosen according to its ability to act as a ‘catalyst’ for further
organisational and cultural changes. In practice, this often involves starting with one
problem or one area of the business that the organisation as a whole would be
interested in, and cares about.
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Sustainable Competitive Advantage
Sustainable competitive advantages are company assets, attributes, or abilities that are
difficult to duplicate or exceed; and provide a superior or favourable long term position
over competitors. In order to continue in the construction industry, our company have
some benefits that can help our company to continue in this industry.
With the help of information technology and information management skills, there are
advantages that are able to help the company. Our company is known to have
outstanding management. Our management make the right decisions at the right time
most of the time. Our managers in some ways motivate and get the most out of their
employees, especially when facing challenges. Our management has been successful
throughout the years is a competitive advantage. Moreover, our company could help in
terms of saving in cost and time, with a greater accuracy in estimation, and the
prevention of error, amount of adjustment and rework due to information loss.
Besides, technology have been improving, updating and evolving now in this era which
can help the our company and developers to understand and analysis the design detail
with high accuracy. A good quality product can build customers loyalty and will less
likely to lose market share to a competitor than an advantage based on cost.
Furthermore, our company cooperate with a lot of big companies and had built many
relationships. In addition, many other companies will give us chances in bigger project
from the trust that our company have built.
Other than that, our company is strict on discipline and work. Therefore, our company
has the capacity to produce in high volume and great quality of work; then it can gain a
sustainable competitive advantage by reducing its profit. This will help us by accepting
different kind of projects. This will be helping in the growth of our company in the
future.
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References
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