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This project is a strategic growth plan for Appficiency. The student will evaluate how we can best staff the new projects while considering the training period for new employees. They will also evaluate the scalability of our business model and provide recommendations on how we can introduce new revenue streams into the business. Essentially, the questions we want to answer are “How can we ensure the new employees we hire can start doing delivery work as soon as possible?” and “What revenue streams would give Appficiency significant growth and how do we ensure we can keep up with that growth?”
This will be a significant contribution to our company especially when the lockdown is lifted. We anticipate the demand for ERP Implementations to increase even more after COVID-19 because businesses may have wished they had it during the lockdown but may not have had expendable capital. It is challenging for Appficiency to keep up with the growth and we are unable to focus on the strategic side of the business. Having a student dedicated to a strategic COVID-19 recovery plan will help alleviate the stress of this and help set us up for success in the near future.
Frances Tuer
Appficiency
Business
Professional, scientific and technical services
McMaster University
Business Strategy Internship
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