Recreation and Wellness Intranet Project Essay

Need to reduce internal cost. MYH, Inc. reconciles 20% more on wellness address premiums than the industrial average. This project would save $30 per employee per year for the attached quaternity years. Employees will benefit from the company sponsored unskilled programs. Healhcare Coverage cost occupation ModelThis will reduce internal cost by allowing business modeling of various scenarios as well as trailing past employee expenses. This project would save $20 per employee per year for the next four years and cost nigh $100,000 to arrest. This will uphold revise policies and help conduct for lower premiums. Cross-selling ashesThis project will augment gross revenue to current customers.This project will increase profits by $1 one million million million for the next three years. Development and maintenance cost separately year is $800,000 This project develops an application to improve cross-selling to current customers when purchasing doubled products/services. Web Enhanced Communication dustThis project will increase sales to current customers.Will save the company $2 million for the next three years. It will cost $3 million to develop and 20% a year to maintain. Web-based application that will improve outgrowth and delivery of products and services. cheer and wellness Intranet Project allows employees to register for company-based programs and classes, such as soccer, bowling, jogging, walking, and other sports. This project besides allows the employees and employers to track data on the recreational and health management programs.This will offer incentives for people to join the programs and do well in them. this in return will help to negotiate a lower restitution premium.Health Coverage Costs Business Model Is an application that tracks employees health care expenses and company health care costs. This application allows business modeling of various scenarios as well as tracking and analyzing current and past employee health care expe nses and company healthcare costs.Cross-Selling System helps improve cross-selling to current customers. The current sales management has separate sections for major products/services categories and different sales based on these products and services sales to the current customers by providing the customer with discounts when purchasing multiple products.Web-Enhanced Communications System is a web-based application to improve development and delivery of products and services. These are soon several incompatible systems related to the development and delivery of products and services. This application allows customers and suppliers to propose suggestions, enter orders, view the status and history of orders.1.0 Introduction/ Background cover Your Health, Inc. (MYH) is a Fortune 500 company that provides a variety of healthcare services across the globe.2.0 Business ObjectiveMYH recently updated its strategic plan, and recognize goals include reducing internal cost, increasing cro ss-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers sketch together to improve the development and delivery of health care products and services.3.0 certain Situation and Problem/Opportunity StatementA recent get hold of found that MYH, Inc. pays 20 percent more than the industry average for employee health care premiums, primarily due to the poor health of its employees. By growth a program to help employee wellness and track employee involvement and progress. This would also offer incentives for employees that join and do well. 4.0 Critical Assumption and ConstraintsRecreation and Wellness Intranet Project would organize current services and provide easy devil to new services. The new system will run on actual hardware and software and will be easily accessible by employees. 5.0 Analysis of Option and RecommendationThere are three choices for addressing this fortune1. Do nothing. We can continue to operate without th e new project 2. instauration and implement the new intranet capabilities in-house using existing hardware and software. 3. Require employees to pay a higher rate for insurance.Based on discussions with stakeholders, we believe that option 2 is the best option. 6.0 Preliminary Project RequirementsThe main feature of the Recreation and Wellness site includes the following 1. throw in employees to register for company-sponsored recreational programs. 2. Allow employees to register for company classes and programs. 3. Track data and progress of employee involvement in these programs. 4. Offer incentives for employees to join the programs.7.0 Budget Estimate and Financial AnalysisThe estimated costs for the project is $200,000 based on the cost to develop the new system. bread and butter costs of $50,000 to update the information and changes. Reducing the insurance cost per employee by $30 each year for four years. Project benefits are about $600,000 per year for four years. 8.0 Sche dule EstimateProject completion indoors six months and the new system will have a sprightliness of at least four years. 9.0 Potential RisksLack of interest in the new system by employees which will hinder lower insurance premiums. putting money in the project and unable to recoup thecosts.