Question

You are starting up an app development company! You are not a developer but had a good idea and rather than bootstrapping, you pitched your business plan (or canvas) and received a contingent offer of $2M in angel investment if you can show that you will intelligently allocate the money.

A. List the IT functions you need.

B. List the sourcing option for each.

C. Justify your approach (you are not required to justify each choice, can be overarching or as you see fit).

Answer 1

Answer:

We are starting up an app development company! We had a good idea and rather than bootstrapping, We pitched our business plan and received a contingent offer of $2M in angel investment if we can show that we will intelligently allocate the money.

Answer A:

The IT functions we may need is as below

• IT Leader – 1no
• Software Lead – 1no
• IT Apps Lead – 1no
• Software/App Engineer – 4 nos.
• IT Technician – 2 nos.

Answer B:

The sourcing option for each resource will be as below.

• IT Leader – We have one option which looks to be the best fit for this role, so we would like to go with him OR we source from human resources consultancies /career websites like naukari.don.timejob.com, monsterjob.com etc.
• Software Lead – we need to source IT leader from Human resources consultancies/career websites like naukari.don.timejob.com, monsterjob.com etc.
• IT Apps Lead – We have few contacts which we known for their capabilities and skill set, so we would like to select from them. Else we will go for human resources consultancies/career websites like naukari.don.timejob.com, monsterjob.com etc.
• Software/App Engineer – we need to source IT leader from Human resources consultancies/career websites like naukari.don.timejob.com, monsterjob.com etc.
• IT Technician – We can search locally from our contacts.
• HR Lead – We can search locally from local consultants.
• Facility/Administration Coordinator - We can search locally from local consultants

Answer C:

We have good understanding of the above mentioned sources for the resources for the IT function at the company so that we will get good resources who will be competent enough for taking forward this apps business, as they have good mix of experience and energy levels. We will have focused approach and these resources will be able to contribute effectively. We will ensure that we will hit the goal and achieve our aim.