Presentation research Flashcards
So with the case study what is your role?
You are working in a team as a consultant for a global client. My main role is to analysis data and financial models to enable the client to understand how they can best improve their performance.
What recommendation has the manager of your consulting group recommended?
the manager has recommended the client introduces analytics software to improve their insight on the future aspirations and behaviour of workforce.
So we have to give a presentation of the summary of suitable options, pros and cons and any other information you would need. How would you start?
Good morning, I would like to give a presentation on the 3 available analytics software to improve the insights of companies in terms of future aspirations and behaviour in the workforce and provide a full overview of the options. All these options preserve a focus on optimizing business performance, enriching details of patterns, correlations and further insights, which wasn’t probably cost effective to do via labour capital.
Now summarize the 3 data analytics software?
1) The first software was developed by our very own PwC, who use it inform recruitment and retention strategies. This has guided a plethora of high-quality employees that the company and increase productivity by implementing the right tools and ensuring employees are happier to work.
2) Competitor tool, a popular software developed by our competitors
3) Finally, the Neutral vendor software, a popular software based in the US.
What do you say after you have given a summary of the 3 options?
As a consultant it is vital to provide our client a through strategic and quantitative outlook towards each software, we value acting with integrity and making a difference to a firm. (pwC values)
After we reitrate the values of pWC what is the next sentence i should say?
Now let me delve into a deeper look at each data analytics software
Lets start with pWC tool, what are the pros?
1) Easy to use, clients have remarked it as being quick to use. This is a very important feature because, it means that it doesn’t require much training towards the client’s workforce.
2) 2) Very reliable due to the its rigorous development and extensive testing. Again highlighting that it is a safe mitigating risk option, in which risk is everywhere in business, and all business want to mitigate this.
What are the cons of PwC tool?
If we give a spam of 10 years, this would accumulutate a cost of 30000 including the one time fixed cost of £10000 and annual fee of £2000. More expensive than natural vendor by 5000.Depending on the firms cost structure, it may have to cut back on some employees, by making them redundant, affecting employee morale overall.
Overall what can we say about PwC tool?
This option does is the most risk averse option as it is tried and tested.
What are the pros of competitor tools?
1) the cheapest one in the short term £8000, if the global client, doesn’t have much short term liquidity, it may be the best one. If it is already an established market leader this might be proritiy.
What are the cons of Competitor tool?
1) If we look at the long term spam of about 10 years, it will be the most costly, due to the high annual fee of £2750 each year, costing about £35500. which could potentially be if kept till 10 years almost 42% higher than neutral vendor.
2) With rapid technological change, is this high annual fee worth it, when their could potentially be new data analytics software.
3) on PwC consulting matters stated that feedback from staff who had tested this, stated that the compeitior tool was less user friendly. Thus higher risk = higher opportuntity cost. With it not being user friendly this requires extra training and a learn of a new competency for employees, which also includes the opportunity cost of time.
What are the pros of Neutral Vendor( US based software company)?
1) The US tend to have a rich understanding and place high value for data analystics software, it is an important role there and salary’s are amongst the highest there.
2) it is very user friendly and quick to use. Again affirming the fact, that it provides potentially little change and adaptability of the client workforce.
3) : Lowest cost in the Long term over a 10 year spam of 25000 if we include annual fee of 1000 and up front cost of £15000.
What are the cons of Neutral vendor?
1) high upfront cost, nearly almost twice as much as compeittior tool. ( 8000 vs 15000)
2) a team member of mine heard a rumour about its questionable data security so that raises a red flag on the software’s reliability. THIS IS A SERIOUS ISSUE THAT NEEDS TO BE TAKEN INTO ACCOUNT.
After you give the pros and cons what do you say?
After all these pros and cons, again I repeat the integrity of our role, means that as a team we must give the best option towards our global client.
What other information would i need if you were to recommend any tools to the manager? ( 5 things)
1) The budget of the client, the state of profitability and cash reserves the client has. Due to the differing uptfront cost.
2) Specific business challenge, what special goals and KPI’s they want to achieve in future.
3) More about the market trends of technology and press towards them.
4) More unbiased feedback on all software, and speak to team who have had comements on Competitor tool and Neutral vendor.
5) Potential demo and security page for any sofware im purchasing.
