The capacity to effectively manage the operations of the Kids for Life is vital to the success of the business venture. The operations section addresses the service based business-data operations and logistical concerns. These are vital to ascertain the smooth running and functioning of the Kids for Life by enhancing its ability to attain the set objectives. Kids being the primary objective ought to be developed and positively influence their growth into successful and reliable citizens. This epitomizes the significance and value of implementing the Kids for Life initiative that impacts the cognitive, physical, emotional, and health benefits due to a myriad of activities that kids engage for growth and development (Delen & Ram, 2018). Thus, ascertain the significance and value of the initiative as a critical venture worth pursuing.
Service-Based Business-Data Operations Concerns
Monitoring Performance. The success of the operations of the Kids for Life business venture highly depends on the monitoring of performance in various instances. This can be attained through setting milestones and deliverable timelines to ensure the progress of the business is on course (Whitelock, 2018). The project management work breakdown provides mechanisms in which performance can be monitored in the realization of all the deliverables within the stipulated time and budget.
Cash flow Management. This is vital to providing transparency and accountability to funds in which investors commit to the business. The concern is informed by the capacity to raise the confidence of the investors on the operations of Kids for Life. The cash flow management induces the measures which are vital to building ethical responsibility and culture set by the organization.
Managing Uncertainties. Uncertainties based on the data acquired during the implementation of the Kids for Life and arising issues is crucial to eliminate deterrence to the execution process (Rasnacis & Berzisa, 2017). The uncertainties are efficiently managed using the agile approach that provides the necessary flexibility in project implementation to deal with arising issues (Verret, 2018).
Listening to Feedback. Kids for Life is a people’s oriented initiative. This makes the capacity to listen to the feedback of the children, parents, among other stakeholders, critical to its success. The feedback provides vital information that can be analyzed to inform future decisions of the organization. Hence, operations continuity and efficiency are guaranteed.
The vital logistical concerns on the implementation of the Kids for Life resolves to constitute government regulations, technological concerns, and environmental issues. The governmental regulations stipulate the need for the business to comply with all government rules, laws, and regulations (Baxter, 2016). This is critical for handling children as the government protects young people. Measures and legal mechanisms should be put in place to evaluate and respond to government regulations in place. The technological concerns comprise the mechanisms to protect the children online from issues such as cyberbullying, molesting, and immorality. The protection of children’s information as well, the organization’s from cybersecurity threats is a fundamental logistical concern to the implementation of the Kids for Life business venture. The environmental concerns assess the implications of the Kids for Life activities to the environment (Baxter, 2016). The increased kids’ activities and necessities of making Kids for Life a success must comply with the environmental requirements. The safety, health, and conducive environment for kids are fundamental to the operations of the children. Optimum safety must be guaranteed to ascertain children are secure from any harm.
Baxter, J. E. (2016). Logistical Concerns. In Archaeological Field Schools (pp. 125-154). Routledge.
Delen, D., & Ram, S. (2018). Research challenges and opportunities in business analytics. Journal of Business Analytics, 1(1), 2-12.
Rasnacis, A., & Berzisa, S. (2017). Method for adaptation and implementation of agile project management methodology. Procedia Computer Science, 104, 43-50.
Verret, J. (2018). Implementing Agile Methodology: Challenges and Best Practices.
Whitelock, V. (2018). Business analytics and firm performance: role of structured financial statement data. Journal of Business Analytics, 1(2), 81-92.