Preview

Engineering Management

Good Essays
Open Document
Open Document
868 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Engineering Management
MEDWAY SCHOOL OF ENGINEERING

Course: Engineering Management 1 (GEEN 0031).
Level: 5
Assignment: 1

Title of assignment: Google Glasses – Worth investing into it?

Introduction:
In our lectures we covered topics relating to the role of Engineers in management, industrial management, structure of business organisations, the external pressures faced by these organisations and we looked at financial aspects of a company.
You have been employed by a technology company as a manager to lead a team of young engineers with new ideas. Facing stiff competition, they want you to explore some possible market areas where they can expand into. Your line manager has sent you an email outlined below:

Aim:
The aim of the work is to inquire into the new market of Google glass, and produce a critical executive style report on the feasibility of you entering into this market producing software and hardware components and accessories for this device. What are the main risks and benefits of going into this market?
Required Outputs (With hints)
A well presented executive report with the following sections and attributes;
1. A 300 word (-10%) executive summary. This information must be on its own page and be the first page after the cover pages. [10 Marks] (Hint: Your MD is a very busy person and has instructed their secretary to bin any reports from the managers that goes over 300 words and less than 270 words, if you fail in this aspect you would be sacked, in this essay you will score zero marks to reflect that scenario)
2. A 1500 (+/- 10%) word document that explains and presents your analysis of the task given to you and your conclusion. You may present graphs and charts to aid understanding. [30 Marks](Hint: Research about Google as a business and its associated businesses as well as the main players in this field. Your work must be original, quotes and citations are a waste of a senior managers time unless vital. But do remember to reference any facts & data

You May Also Find These Documents Helpful

  • Good Essays

    Google, Inc. has been one of the fastest growing and profitable companies in the world. Since its inception in 1998, it has revolutionized the way the world uses the Internet. Though Google has its hands in many different projects, the classification of industry under which Google falls is simply the Internet search process. Initially, Google strived to be the “perfect search engine” (About google, n.d.). Today, they have evolved to become that and more, with application developments that are user-friendly, their form of electronic mail, and their streamlined and sleek method of helping other businesses reach their target markets with simple advertisements. Google is renowned for their exemplary customer service and providing one of the top-sought-after workplaces in the world (Smith, 2011). With simple guidelines for their practices, Google is the industry leader in user-friendly web applications. Their ten keystones for their business are all customer-focused and are aimed at being the best and fastest.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Google’s culture is informal, self empowerment, involvement, and has an aversion to bureaucracy, unlike most companies that are run from the top down in a theory x model. Futhermore, Google believes that if they operate without the bureaucracy it will encourage their engineers to develop superior ideas and products at an industry leading rate. There are ten principles that Google’s owners developed, which are unique to the company’s management: Focus on the user at all costs. It is best to one thing really, really, really well. Fast is better than slow. Democracy works on the web. You don’t need to be at your desk to need an answer. You can make…

    • 801 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Google has created the most popular search engine and organized the information in such a manner that it has created a sustainable competitive advantage as is clear from the fact that although the search engine was started in 1997, the company is still having its domination in the search engine market with a market share of 67.5% in Feb. 2013 as per the data released by comScore, the leading (comScore, 2013: Mar. 13). Company has created a first mover advantage by aggressively building its search engine by adding to it Google Books, Google Scholar, Google Finance, Google News, Google video, Google Images etc. which helped the user search with specific key words. The company has been able to sustain its competitive advantage as is also clear from the fact that General Sentiment, a social analytical company has ranked Google topping the list of brands with a brand value of $756.6 million even surpassing Apple’s brand value (Reisinger, 2012: Aug. 2). This is a result of its innovative products and heavy expenditure on sales and marketing. Google invested $6.143 billion in 2012 on sales and marketing which is 12.2% increase over investment of $4.589 billion in 2011 on sales and marketing (Google, 2012: n.d). There was addition of advertising expenses of $288 million in 2012 (Google, 2012: n.d) which is a reflection of how the company invests in brand building of its products. The diversification move undertaken by the company is the result of innovation at Google and extensive research and development with R&D expenses continuously increasing from $3.8 billion in 2010 to $5.2 billion in 2011 and $6.8 billion in 2012 (Google, 2012: n.d). Although there were initial problems with the…

    • 6024 Words
    • 25 Pages
    Good Essays
  • Good Essays

    Itm434 Mod 5 Case

    • 1036 Words
    • 5 Pages

    Google is by any standards a huge corporation, generating in 2009, annual revenue of $23,651,000,000. At its core is its search engine, which processes over a million search requests every day. It is globally involved in the advanced development and application of multinational public cloud computing, Internet search and advertising technologies and its declared mission from the outset has been ‘to organize the world’s information and make it universally accessible and useful’.…

    • 1036 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Individual Case Analysis

    • 729 Words
    • 3 Pages

    You have been assigned to a strategic planning committee where your charge is to analyze the search industry and Google’s competitive position. Your report should include a 3 to 5 page executive summary of recommendations necessary to allow Google to strengthen its lead in the search industry and to make a success of its smartphone business, cloud computing, entry into emerging markets, and other recent ventures. Your recommendations should be specific and supported with facts from your industry analysis, company situation analysis, and financial analysis. Please attach the tables, figures, or other exhibits necessary to support your conclusions. (You should utilize the financial ratios presented in the Appendix of the text as a guide in doing your financial analysis of the company.) Your supporting exhibits and executive summary of recommendations will be given equal weighting in your grade for the written assignment. Prepare a final report to the Google’s senior management team which includes the following:…

    • 729 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Google, a company that originally started out of someone’s garage, has gone on to change the way of life for many across the world. Google has become a way of living for so many until terms such as “Google it” has been coin, to represent the search engine able to deliver answers to any question within seconds. Even though Google is mostly known for it’s able to deliver answers within seconds, the company has expand it’s operation into many other tech exploration sectors. The company has recruited the best of the best from the nation’s top university to make up one the most successful workforce to date. By offering free food to employees, cool social lounges at work, not to mention sleep schedules; Google has the ability to attract the best of the best. In return, Google’s employees have taken the company to new highs and allowing Google to create constant growth.…

    • 1098 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Google Vertical Analysis

    • 2091 Words
    • 9 Pages

    Google is one of the leading companies in Internet Information Providers industry, which controls over 66 percent of the internet search market. The company has developed a vast portfolio of products to support its expansion strategy, with Android OS, Google Docs, Google Maps, and the Social Network Google+, among many others. Its primary source of revenue is generated from advertising. Despite the sluggish economy of past years, Google managed to consistently increase its revenues at an average pace of 23 percent per year, increasing its total shareholders’ equity by 286 percent since 2007. The company maintains healthy financials with significantly lower than industry average debt to equity ratio of 25 percent. Its P/E ratio has been consistently decreasing in row with its maturing industry. The company is a dominant player in its sector and is expected…

    • 2091 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Week 4 CASE STUDY FINAL

    • 959 Words
    • 3 Pages

    The following is a case study reviewing Google’s customer value proposition and profit formula linked to its business model. A brief overview of the company will be provided, as well as strategies Google has relied upon to build competitive advantage in the industry, product line, and market. Financial performance, investor relations, and the company’s key resources and competitive capabilities will be discussed, as well as competitive liabilities and resource weaknesses. In conclusion, recommendations shall be provided to Google’s top-management team to sustain its competitive advantage in the search industry.…

    • 959 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Google Glass

    • 531 Words
    • 3 Pages

    In consequence of technological advances, we have changed our society and have been convenient for few decades. Thanks to advanced technology, we eventually became possible to do anything we want with electronic devices from modern technology. At this point, Eric Schmidt, who is a current Google’s executive chairman, announced that Google will commercialize Google Glass by the end of 2013. Google Glass is a wearable computer with a head mounted display by Google in the Project Glass, research and development. Google glass displays information in a smartphone-like hands-free format that can interact with the internet via voice commands. Briefly, it’s going to be like a smart phone wearing on our eyes. It is believed that modern technology has brought many benefits to us, we should be aware that it’s possible to use for our society.…

    • 531 Words
    • 3 Pages
    Good Essays
  • Better Essays

    301LON INTERNATIONAL BUSINESS STRATEGY MANAGEMENT BRIEF Components/Grading 1 2 Executive Summary – Setting of Context. (to be no more than one page) Ability to effectively present the aim of the management brief. Giving a clear structure of the brief and arguments with an explicit identification of areas of analysis and evaluation supported by relevant background information of the case study organisation INADEQUATE LIMITED ACCEPTABLE PROFICIENT ACCOMPLISHED EXEMPLARY Very brief attempt at an Executive Summary.…

    • 3351 Words
    • 14 Pages
    Better Essays
  • Good Essays

    Eclipsed by Danai Gurira is about 3 women are held captive on a rebel camp in the midst of the Liberian civil war. The central ideas of the play are identity and finding power in times where you are not granted any. It relates to the title because an eclipse is to “deprive (someone or something) of significance, power, or prominence.” (Google definitions) Helena and Bessie are the two characters we meet right away.…

    • 345 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Overview of Google GLASS

    • 443 Words
    • 2 Pages

    When new gadgets are introduced in the market, especially from excellent brands we just can’t stop praising the invention. The next stage of our lifestyle can be realized through one such exciting gadget”Google Glasses”. As the name indicates, it is developed by Google Inc-the Giant multinational corporation in the world.…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    • Demonstrate ability to appropriately capture key recommendations and overview in an Executive Summary. Proper use of an introduction to capture the main aspects of the body of the report and a concise conclusion.…

    • 635 Words
    • 3 Pages
    Good Essays
  • Good Essays

    It’s ability to attract the best and a brightest mind in the industry helps make it one of the most successful Web-based businesses in the world. Google provides value to the user by using reasonable, flexible infrastructure to speed up Web searches and provide its users with a huge array of Web-based services and products. . As the use of the internet has developed, so their capabilities on the internet, and they have developed their business beyond their search engine capabilities. Google's business strategy and model has grown over the last decade, and they are boarding on a new age as firm. However the foundation of their business was built from the evolution of the desktop applications.…

    • 302 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    - Summarize the content of the whole report. Highlight anything that you feel is very important.…

    • 533 Words
    • 3 Pages
    Satisfactory Essays