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Market research Operations Competitive analysis Product or service launch Marketing strategySkills
healthcare industry knowledge strategic management strategic analysis business strategies marketing strategies business planning risk management market research swot analysis researchCaredara, a budding company in the healthcare sector, is preparing to launch its services in a pilot region. The company seeks a comprehensive strategic analysis to ensure a successful entry and sustainable growth. The project involves conducting market research to identify key trends, competitors, and potential challenges in the healthcare industry. Students will analyze Caredara's strengths, weaknesses, opportunities, and threats (SWOT) to develop a robust business strategy. The goal is to create a research-driven implementation plan that positions Caredara for success in its initial market and sets the foundation for future expansion. This project provides an opportunity for students to apply their knowledge of strategic management and business planning in a real-world context.
The project deliverables include a detailed strategic analysis report and a business strategy implementation plan. The report should encompass market research findings, a SWOT analysis, and strategic recommendations. The implementation plan should outline actionable steps for Caredara's launch and early growth, including marketing strategies, operational plans, and risk management approaches. The final deliverables should be presented in a professional format, suitable for review by Caredara's leadership team.
Providing specialized knowledge in the project subject area, with industry context.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
Scheduled check-ins to discuss progress, address challenges, and provide feedback.
Supported causes
The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.
About the company
Caredara™ is a tech-enabled home care platform that connects seniors and families with qualified personal support workers (PSWs), RPNs, and RNs. Built around transparency and flexibility, Caredara empowers caregivers to choose their clients and schedules, while giving families access to trusted, on-demand care — all in one easy-to-use app.