The Value of Intangible Benefits
The Value of Intangible Benefits
Read the weekly lecture.
Read Chapter 9 of Shift Ahead: How the Best Companies Stay Relevant in a Fast-Changing World.
Review the DargeanGrix Business Scenario Download DargeanGrix Business Scenariodocument.
Read the article: The Hidden Value in Your Intangible AssetsLinks to an external site..
Review the following: 5 Powerful Ways to Confront Change in the WorkplaceLinks to an external site., ‘Niceness’ Can Hurt an OrganizationLinks to an external site., 8 Ways to Manage Change in the Workplace EffectivelyLinks to an external site., Intangible Benefits Can Play Key Role in Business CaseLinks to an external site., What Are the Tangible and Intangible Benefits of ERP System?Links to an external site., and What Are Intangible Benefits?Links to an external site.
In this assignment, you will construct a justification for the purchase or outsourcing of the technology you would recommend as the solution to the video communication problem described in your Week 3 What It Takes to Be a Champion of Change Video Presentation discussion. Conduct an internet search using the key-word phrase “video conferencing solutions” to identify a solution that might fit the company’s needs.
NOTE: The chosen technology is only a framework and isn’t as important as your justifications using the intangibles you identified in your Week 2 What are Intangibles Worth? discussion, Current Intangible Business Costs assignment, and from reviewing the An Intangible Example Download An Intangible Exampledocument recommended resource.
Using the elements you identified in the DaregeanGrix scenario in Week 2 for justification,
Build a table with approximate costs associated with each of the elements in the company’s current environment.
Some of these should be actual (tangible) costs and some should be implied (intangible) costs (e.g., customer satisfaction, employee satisfaction, efficiency, etc.).
Weigh the tangible costs and the intangible improvements that the new technology will bring to the organization using a narrative format and contextual reasoning.
Create a justification for the solution using the intangible elements the solution will provide.
Explain how these elements have a significant impact on the organization, employees, and customers.
Remember that your goal is to be able to justify a possible investment using intangible benefits in a new technology in which there is little in the way of traditional return on investment (ROI) to lean on.
The Value of Intangible Benefits assignment
Must be at least three to four double-spaced pages in length (not including title and references pages) and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
Must use at least five credible sources in addition to the course text.
Reference
Alton, L. (2017, July 26). 5 powerful ways to confront change in the workplaceLinks to an external site.. Forbes.
Adamson, A., & Steckel, J. (2017). Shift ahead: How the best companies stay relevant in a fast-changing worldLinks to an external site.. AMACOM.
Chapter 9: Success is Never Final.
Sherman, F. (2019, April 26). What are intangible benefits?Links to an external site. bizfluent. http://track.smtpsendemail.com/9064971/c?p=VXzJXxbO2uxAzxJlrAU5fYy-l6I3sFpSOIYTK6ROIAzCPkgr2RoKLOZYZ5Xd6ymzrQ0jlOReqNKElKffj7-ri-2zsILEm53_Z1Cj6Nt484AUs1bgHBo4u3P3Q6lt8boa2osQF3h8WrnQzmfuD-sAqNZt5IBYkYJ7MGovqZtxGOilIKH_rM-kjS0t4iMEMt0yNu4L09reB0zHBYKu5i2HOQ==
Lindenberger Group. (2018, January 17). 8 ways to manage change in the workplace effectivelyLinks to an external site.. http://track.smtpsendemail.com/9064971/c?p=iDubvxIGwbtqkH_7xbgL4beBEXM_WY37AyklXR7JkbJyvDcntBg7oySEtbAjKYtsUKfaOUc4KFS1tJGixypzVnX-9uZFMPgey80arzOaBjOhjD9V4R4JJVf_BPcNz2x71QEMRTaCfDMWQBZwBHfA2pGgT94Jf1OdIlezzGAuEi81yRLUogK3zaipYPDLw-AX4pL4U5YVr8xpeK1TQcJOkeuI88m9vfjyJa_r4A5BaQk=
Gurchiek, K. (2019, July 17). ‘Niceness’ can hurt an organizationLinks to an external site.. SHRM, Society for Human Resource Management. http://track.smtpsendemail.com/9064971/c?p=4gi0JkWxARQt-KUl0IyBRX2QX-Rt7cMsffebp9NjVThFf2ohhy9LBdpX_XZ5rvWBY5h40Is5gLMwksP-rrMCV75QF4JsAc7lk269sZhx-6j6GbqLgKa1BAjZmvXxDJJ5nUaOP864iqiQw6Y3CiI2DvePwtOBVdArrPc3OTZjaWUUmEdbTCgKd9HrAKkxmhP50Y-Vez6NlYRNFj_9kjZ9qqNVDlMTuTHrZwq0fJOYHNz9s_i3LQdkpKYa9yV1OOj4
Heitman, W. (2016, January 2). The hidden value in your intangible assetsLinks to an external site.. Strategic Finance. http://track.smtpsendemail.com/9064971/c?p=xJhZkoE-5lUm2qTYOyN7z71OU0OY4OIgYj-cwUtNp4DTRaHFJEz-DN6k3JOME-a9_kEB_5Zpj8OspOEBB_8YuFkf3aJYXs3LtHKYYy8qNj1R2b3Vkd_-HdyN_WBbPq2AGObEfA1Uu6_cVuJBoMnIShTxu0lbbfriQfjNKObnGDCynF7B6eTP_4mmI8GOJ1nh3gIKaXhE7arAUiM2znF9DyEIGFs6bkZ-fETToIujNTBPUYKkq4W8g8e9YhbEvIFo
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