Facebook Pre Mortem For It Managers Csuf Isds 551 Paper

791 words - 4 pages

Facebook’s Business Strategy Contingencies
1. Lack of innovation
2. Disruption
3. Data Security Breach
Lack of Innovation
Facebook must constantly innovate new ways for people and businesses to interact amongst themselves and with each other. Myspace was the most popular platform for several years before being surpassed by Facebook who proved to be more agile and creative. Current market trends include Augmented Reality (AR), Virtual Reality (VR), and Smart Assistant technology such as Amazon’s Alexa. Facebook is competing against Amazon and Google, both companies who have large capital resources, in these new markets. Facebook spent nearly $6B on research and development in FY2016. (Yahoo Finance, 2017) To put this into contrast, Alphabet (Google) had R&D expenses of about $14B and Amazon was even larger at around $16B in that same fiscal period.
Amazon and Google both spend a lot of money on research and development. Facebook will need to take a similar business strategy to compete with these companies. The Internet of Things (IoT) presents many new ways to interact with technology in our daily lives and Facebook needs to take a strong position in the market. Facebook is aware that it needed to branch out of just social networking and as evidence, they bought Oculus VR in 2014 to compete in the virtual reality market. Facebook must continue to innovate new ways to interact through technology while also adding vertical integration where they can to produce their own products and services.
Disruption
The social media industry has proven to be fickle in its early existence. Users want innovative, intuitive software and apps that allow them to personalize how they interact with family, friends, and customers. Recently, smaller companies such as Snap and Twitter have invented new forms of social media. These firms are disruptive to Facebook’s standing as the largest social media company. There are two options to deal with disruptive companies: create products and services that improve upon those provided by the disruptive company or purchase the disruptive company to take advantage of the momentum that they’ve built.
Facebook’s recent strategy has been to purchase smaller, disruptive companies. This allows them to be at the forefront of social media by bringing valuable competitive products in-house. Facebook currently owns 4 of the top 5 social media apps (Facebook, Whatsapp, Messenger, and Instagram) when ranked by average daily users per month. (Nudelman, 2017) Facebook purchased Instagram in 2012 for $1B when it realized that it...

Other Essays On Facebook Pre-mortem for IT Managers - CSUF ISDS 551 - Paper

Affirmative Action: Is it beneficial or not? - Preparatory Academy for Writers - Research Paper

3382 words - 14 pages with the concept of affirmative action because it is a complex issue revolving around race, desires and experiences. Discrimination is very common which justifies the use of affirmative action, to ensure that people of minority groups will not be denied a position. The demands for equality in distributions of society’s benefits are important in order for our nation to evolve. Minorities have a lot of obstacles in the way that prevent them from

This is a copy of the Physics Exam for 2007. It can be used as a review for the exam - Physics 407S - Exam Paper

1281 words - 6 pages downtown, the sled has a constant acceleration for 10.0 seconds until the engine shuts off. At that moment, a parachute deploys, which begins slowing the sled at a rate of 4.0 m/s2. Exactly 15.0 seconds after the rocket sled started moving, Cartman passes in front of the City Wok restaurant, 950 meters from his starting point. (a) (15 pts) What was the acceleration of the rocket sled for the first 10 seconds, while the engine was on? (Hint: it

nothing major important to read or look at because yeah who really cwres about it - there is no name or class for this non paper - assignment

475 words - 2 pages that I can only imagine the type of pressure daily she faces being an inspiring Olympian, in hopes of building the rapport and getting her to feel comfortable with me. Brittany was asking for techniques to her focus and build confidence. We began to touch about mental toughness. Brittany heard of mental toughness, so, I gave her an in-depth definition of it and we tailored week two’s consultation around the topic. The session was to get to the

How 'Roseanne', the tv show relates to the sociological aspect of women and work. I had to write this for an extra credit paper, it's not great, but it gets the point across

524 words - 3 pages female coworkers who have beenworking for hours.The relationship between the television show and our discussions inclass are uncanny. The wealthy male owns the business, or runs it, and thefemales work their butts off. The women that work at the diner are allmiddle-aged, some are married, some are not, and they all hate the job witha passion. The book we read Nickel and Dimed also can relate to Roseanne.The women work as many hours as possible

Facebook Usage Undermines Affective Well-Being - Psychology - Summary

746 words - 3 pages explanation for this result was that individuals were not aware of feeling envious to their friends and the study was not able to capture this feeling successfully. Study 2 attempted to pick up where Study 1 left off. The purpose of Study 2 was to investigate passive Facebook usage further and to determine if this behaviors appears in everyday life and its effects. Specifically, the study investigated the connection between a person’s well being

Case study- facebook business model - rutgers - Case study

714 words - 3 pages goods sale like that of paid credits (coins) for FarmVille. It creates a place for people to “hang out”, upload photos, videos, status updates, etc. as well as posts advertising along the side of that status update/uploads. Facebook sells ads targeted to either the person or the content. Self-serve advertisements are displayed in the sidebar of most pages of the site Entire revenue line of Facebook depends on self-serve ads being circulated

Is Computer A Blessing Or A Menace?

357 words - 2 pages Today, computer has become an indispensable tool. For any job, computer knowledge has become a pre-requisite. Indeed, computer is a blessing. However, its misuse can lead to it being a menace.Nowadays, computer is the biggest means of communication. You can talk to your relatives and friends as if they were sitting in front of you. However, many children keep sitting on the computer for many hours due to which they get prone to headaches and the

Delegation In Management - MGT330

1246 words - 5 pages better" (Pollock, p10). After all, it probably took years of their own hard work and attention to detail that helped get them where they are. Effective delegation will benefit all of the parties involved: the manager, the associate performing the task or project, and the organization. This paper will explore the skills required of a manager for successful delegation of work, the methods used at Hewitt Associates to delegate work, and the

thesis statement on socia media - ARTS 1110 - Essay

1218 words - 5 pages , word of Facebook and Twitter has reached there, and they probably use it everyday too, however, it was not like this a decade ago where major forms of communication where through phone calls or texts messages, not a lot of people had internet access at the time and smartphones were not available for purchase. Some platforms are more popular than others, but each platform has a targeted audience, no matter how small, e.g. Instagram is for an

Artist statement on a creative project - Interpretation to Literature - Artist statement

689 words - 3 pages Nicholas Ronza Interp to Lit 04/03/2018 Artist Statement For my creative project I chose to create a fake Facebook page posing as Carrie. Although Carrie was an antisocial type of character that didn’t have many friends, I believed it would be unique to show what she could have acted like on a social media platform. The novel Carrie, was published in 1974, way before social media was even prevalent, but as a person that lives in a very social

Reflective ideas on Digital futures - Digital Futures - Essay

1201 words - 5 pages themselves as platforms for personal liberation” (Foer, 2017), specifically mentioning Facebook which is a large platform and organisation across the world and how it is empowering itself through every individual in the globe to be able to express themselves to others. Foer also takes into the consideration of Matt Haig’s statement that “social media is a risk to our health” (Booth, 2014). He asserts that these organisations such as Facebook are

Similar Papers

The Facebook Data Leak And Is It Okay For Companies To Sell Our Data? Management Information Systems Essay

2444 words - 10 pages THE FACEBOOK DATA LEAK AND IS IT OKAY FOR COMPANIES TO SELL OUR DATA? Page 2 The Facebook Data Leak and is it okay for Companies to Sell our Data? Trevor Lineburg West Virginia University Table of Contents Abstract……………………………………………………………….. page 3 Introduction…………………………………………………………… page 4-5 Review of Literature………………………………………………….. page 5-8 Discussion…………………………………………………………….. page 8-9 Conclusion…………………………………………………………….. page 9-10 References

Stem Cell Research Paper On Why It Should Be Assignment For Speech Class Research Paper

1458 words - 6 pages potential to divide into any cell of the human body. Now the Adult Stem cells are found throughout the body however, with Embryonic stem cells well you guessed it! Are only found in the embryos. More specifically the inner cell mass of blastocysts which is 4-5 days post fertilization. In order to extract these stem cells for use involves the human embryo being destroyed. Now, with this information sets forth the moral issue between human life and

Animal Testing For Or Against It Eng Paper

1179 words - 5 pages Barratt Briannah Barratt Ms.Cotter ENG2DE October 13, 2015 Animal Testing for or Against it ? Animals are so belittled that they are harmed or killed for human benefits, like cosmetics testing or just for scientific curiosity. Animal testing has helped find cures for small diseases but the pain and suffering of these animals are what we tend to ignore. "Traditional animal testing are expensive, time-consuming uses a lot of animals and from a

Search The Internet For It Governance Planning. Information Security System Paper

515 words - 3 pages IT governance basically provides an organizational structure for aligning IT strategy with business strategy. In Simple words, it provides framework of best practices and controls for an organization. It enables an organization to make decisions to ensure its IT sustains and expands its strategies and objectives. IT governance ensures that an organization focuses on: 1) Achieving the business goals by utilizing IT strategies 2) Monitoring Risk