Part III: Executive Summary
Please attach a one page executive summary addressing the following:
• Complexity of the Problem
Describe the business problem resolved or business enhancement achieved through the innovative use of technology. Describe in particular the complexity of the situation. Factors to consider for complexity are impact to customers, employees, finances, business processes and time
• Creativity of the Solution
Describe the technology and how it is being used to conduct business differently (highlight unconventional usage and the impact it had on how customers and employees conduct business). Did it change any fundamental business principles or philosophies? Did it have an impact on the company’s culture?
• Return on Investment (ROI)/Business Results
Were savings or increased productivity realized in cost, time, people, capacity, production volume and other areas? What impact, if any, did the new technology have on sales and revenues? Were you able enter a new marketplace or increase your market penetration? Please describe. What impact has the technology had on your products and services? More features? Increased quality?