Question $5$ Making the Business Case $6$ points

$$Making the Business Case$$ for a technology solution or innovation is probably the most important thing you will walk away with. This is an important skill. After working with your team on a business case and evaluating other teams$$ business cases, you should have a better idea of how to approach this. Make the business case for a technology solution to address a business problem for a company of your choice $($assume you are the CIO of the company$).$ Use the same framework as you used for the exercise with your team, but you can explain the parts and show the financial justification in this word document $($you do not need a power point$).$

Some things to remember:

$1.$ The framework:

Business Context

Business Problem

Technology Solution

Financial Justification

Qualitative Benefits.

$2.$ Explain cost savings, additional revenue generation or both. If both are possible show that because it makes a stronger case.

$3.$ Make any assumptions you need.

$4.$ You can make a comparison before and after or if new innovation, show how it will impact the current situation, etc.

$5.$ Do not forget the Total Cost of Ownership $($these are all the associated costs such as maintenance, training, etc.$).$

$6.$ Your case can be simple $$ it does not need to be complex to show considerable savings $/$ benefits.

$7.$ Show the benefits for $3$ years out.

Question $6$ Global IT Trends $3$ Points

Understanding the global business environment has become an essential skill for business students. The Global CIO must understand the unique dimensions of international business. Global supply chains and unexpected global events like COVID $19$ play a huge role in business operations. The disruption caused by AI is a global phenomenon.

On a scale of $1-5(1$ is low and $5$ is high$),$ where would you put yourself in each of the dimensions of a global mindset?

Give a brief strategy for developing your global mindset for short term $(1-2$ years$)$ and longer term $(5$ years$).$

Where do you want to be in $5$ years in your development of your global mindset?

Question $9$ Take Aways $2$ point

What were your five main take$-$ aways from this class? I know you are not where you were when you came in $7$ weeks ago $$ your thought process about technology trends and leadership has probably changed. But $$ what do you think are your main five things that you take with you that will make a difference for your career, etc.