Question

SoliD is a new arm of a large global financial services firm targeting teens and millennials. The new platform and associated services are meant to appeal to the youth market by being low cost, having low barrier of entry, and super simple to use.

In order to make those things happen, SoliD has contracted Accenture to make two things happen with a specific timeframe. One, SoliD, with the guidance of Accenture, must apply for and acquire many approvals from various governmental entities. Timing on these applications and obtaining approvals are well understood and critical due to the small application windows and the Accenture consultant's availability to complete all the necessary paperwork. Any rework would be costly and should be greatly avoided.

Simultaneously, a simple, modern phone app must be launched. The initial app Is to be released while the approvals are underway. The purpose of the first editions of the app is to bring awareness to the upcoming
service, the new brand, test designs and language, and collect user interest, which could segue into potential early adopters.

Answer 1

In order to meet these objectives, it will be important for SoliD and Accenture to work closely together to ensure that all necessary approvals are acquired in a timely manner. This will likely involve coordinating with various governmental entities, completing and submitting necessary paperwork, and following up as needed. It will also be important to manage the timing of the app launch carefully so that it coincides with the approval process and is able to generate interest and collect user data as intended.

In order to avoid costly rework and ensure that the project stays on track, it will be important for SoliD and Accenture to have a clear and effective communication plan in place. This should include regular updates and progress reports, as well as the identification of potential risks and issues and the development of contingency plans to address them.

Overall, the successful launch of SoliD's new platform and services will depend on careful planning and coordination between SoliD and Accenture, as well as effective communication and risk management.