Assignment:
Create a problem statement and analysis for a company called Under Armour
Knowledge of how to be doing an analyze weighted matrix,cost analyses and use of a fishborne diagram (I) Problem
Identification
a. This section should include brief discussions (ie. a paragraph for each) of all significant challenges, weaknesses, problems, or the company's inability to take advantage of business opportunities you have found. For each, describe the issue and how it impacts the company and, if possible, give a brief description of key causes.
b. For the "main" problem you have identified, provide an extended discussion of the issue:
i. Nature of the issue
ii. How it impacts the company and what's likely to happen if it isn't resolved
iii. Whether or not it's mission critical and why, urgent and why
iv. Formal Problem Statement
v. Thorough Root Cause Analysis
(II) Identification of Alternative Solutions
a. This section should include a brief (1-2 paragraphs) discussion of the alternative solutions you have identified including a discussion of the solution itself, how it could help solve the problem, and brief discussion of Pros and Cons for the alternative.
(III) Evaluation of Alternative Solutions
a. Discussion of objective criteria for evaluation of alternatives
b. Comparison of how 3 - 5 alternative solutions meet these criteria
(IV) Discussion of Recommended Solution
a. Clear statement of the recommended solution
b. Cost - Benefit Analysis with discussion of key factors
c. Feasibility Analysis
d. Ethical Screen
i. Alignment of the proposed solution with company values
ii. Discussion of legal or ethical issues related to the proposed solution
iii. Discussion of key stakeholders and how they would be impacted by the proposed solution
(V) Solution Implementation & Success Measurement
a. Implementation
i. Key steps involved in implementing the required solution
ii. Significant resources required
iii. Timeline
b. Monitoring and Measurement
i. Discussion of key criteria to be used to evaluate the success of the proposed solution
ii. Plan for monitoring improvements following start of implementation
1. Frequency
2. Milestones
3. Expectations
Attachment:- Discussion of expected changes in the industry.rar