Evaluation Essay Sample on MilleniAds: Digital Strategy & Finance Software for Growth

The MilleniAds is an organization that is operating in an environment that is heavily digitized wit technological advancement being one of the strategies that the organization gets to enjoy. Based on the activities that the business will be undertaking, such as the production of customized sales flyers and business cards, software, hardware, and other tools are necessary to ensure that the company manages to realize its goals. Finance software is a tool that will prove crucial to business growth. It is critical to note that MilleniAds is a startup, and it is likely to experience limited funds for the capitalization process. Therefore, it is crucial to keep track of all the expenses incurred to ensure that the limited resources available are utilized optimally. A collaboration system will help in controlling the activities in the business (Donaire-Gonzalez et al., 2016). Clear and open channels of communication are a useful tool considering that some of the staff members want to work outside the firm. Having the right software system will ensure that they are upto date with all the information about business performance to facilitate the positive decision-making process. The contract management software will assist when making deals and contract arrangements with other businesses.

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The internet connections and wireless systems will be of great help to the management of the business activities in this startup. It will help in the remote process of running activities. The hardware equipment tool that the firm may need include computers, tablets, and phones. High-quality desktops will be needed in the facility to help ensure that the employees are not limited in their working process. The workers should be allowed to use their phones on work-related matters so long they are following the required measures, policies set in the firm, and the rule of law. Having physical offices will be crucial for this will enable potential clients to have an office that they can visit and transact with the business. It is not all the time that potential customers transact online (Goodman, 2019). Some of them require a personal touch and face-to-face transactions with a business meaning that MilleniAds should have an office.

Security of the information should be observed by ensuring that all features of the network are enabled and up to date. The move will ensure that the system will be in a position to detect any possible hacking by unauthorized personnel and stop the process. Having software and hardware firewalls, strong and secure passwords, and WI-FI savvy are crucial elements the firm's management can adopt (Szopinski, Schoormann, John, Knackstedt & Kundisch, 2019). The wireless network with the right measures is the preferable system that the organization should adopt, for it is cheap and can be easily secured by following all the necessary measures.

The network solution that the firm should adopt is the mobile device connection, for this will ensure that the workers can manage to access the online system from any place. Remaining active all the time is a move that will help to retain a connection with all the potential clients in the market and ensure that the process is efficient. As a startup, MilleniAds will need to remain vigilant and ensure that all its activities are being run optimally, for this will be the move that will ensure that it is managing to realize its set goals. The optimal use of the resources will earn the company huge earnings facilitating future growth.

References

Donaire-Gonzalez, D., Valentin, A., de Nazelle, A., Ambros, A., Carrasco-Turigas, G., Seto, E., ... & Nieuwenhuijsen, M. J. (2016). Benefits of mobile phone technology for personal environmental monitoring. JMIR mHealth and uHealth, 4(4), e126. doi: 10.2196/mhealth.5771

Goodman, P. (2019, 9 February). Wireless network vs wired network: Advantages and disadvantages. Turbofuture. Retrieved from https://turbofuture.com/computers/Wireless-Network-vs-Wired-Network-Advantages-and-Disadvantages

Szopinski, D., Schoormann, T., John, T., Knackstedt, R., & Kundisch, D. (2019). Software tools for business model innovation: Current state and future challenges. Electronic Markets, 1-26.