Professional Documents
Culture Documents
Innovation Nation
Dr. B
Cecilia Rice
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The folks at Sparky Consulting, Inc. have requested that we suggest a pool of three
particular for profit organizations that they can choose to support. The company trusts that we
shall provide comprehensive reports so that their decision shall be an informed one. These
reports will include in depth analysis regarding the operational environment, SWOT, their
Our Organizations
The organizations that we, the Innovation Nation, chose as potential candidates for
Sparky Consulting, Inc. to consider supporting are Carvana, Instacart, and Lockheed Martin. Our
nominations for these companies came from our collective experience, either having worked for
or worked closely with these companies. The selection process itself was expedient and the team
worked very well together to reach our decisions. We feel that these three companies are worthy
of consideration from Sparky Consulting, Inc. as they each have a business model that we feel
could benefit not only the parties directly involved, but the consumer clientele of the companies.
Organization 1: Carvana
Carvana, based in our own backyard in Tempe, AZ, has been in business since 2012. The
ever growing need for cars has never been greater and Carvana is the first up to bat in the online
car sales business. A pioneer in what is now known as the online car market; Carvana has made
itself appeal to the younger crowd with the invention of the Car Vending Machine and, with a
staggering $3.94 Billion revenue for 2019, and a $5.58 Billion revenue for 2020
(Macrotrends,2021), one can say that they are doing pretty well. Their business plan is easy, buy
used cars from private everyday citizens and big auctions, bring them to their facilities, have
their mechanics look at them and wash them and then finally resell at one of their 24 car vending
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machines or in an online marketplace with delivery being promised within 2-3 days. Reason for
our team wanting to study this company is due to the approach they have taken to the used car
market, which is mostly dominated by mom-and-pop owned dealerships. They are a company
that is growing tenfold year after year and it would be interesting to see how a brand new
Organization 2: Instacart
The second company the team chose is Instacart. Instacart is a startup company based in
San Francisco that allows users to get their groceries delivered to their door. We chose this
company as it is a start-up, which means that it is still in it’s growing years. In the past year,
Instacart just went public and has had to engage in a lot of strategic planning to ensure they stay
relevant against competitors such as Shipt and Uber Eats. Just recently, Instacart “raised $265
million as part of a new financing round from existing investors” (Instacart, 2021). Additionally,
Instacart was one of the few companies whose demand grew as a result of COVID-19. As a
team, we think it would be very interesting to see how the company adapted to this change and
aerospace technology companies in the world. Their annual revenue is fifty percent derived from
U.S. Department of Defense contracts, along with additional revenue contributions from
contracts from the U.S. Department of Energy and NASA (Wikimedia Foundation, 2021). They
are typically contracted to design and maintain the satellite systems that house the various
payloads for the divergent missions of Space Force and the various weapons systems and aircraft
for the Air Force. Lockheed Martin is the result of a merger between the Lockheed Corporation
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and Martin Marietta in 1994, the former known for the P-3 Orion, and the latter regarded for the
development of the F22 Raptor. Today, the company reports an annual revenue of $59.8 billion
and employs 110,00 people around the globe (2021). Lockheed Martin is the largest holder of
organizational leadership. This company has had to use innovation to remain relevant as the
largest provider of aerospace technology to the most powerful military in the world for over 30
years.
Our team believes that communication and delegation are keys in our success. In order to
work together and ensure our deadlines are met, we have created a set of team guidelines. First,
the team agreed on communicating on an ongoing basis. Using Zoom and group chats, we have
been able to make decisions and support each other. Second, we agree on taking initiative. Every
member continuously looks at the calendar, works on our Google document and reaches out to
the team with questions or pending items. Lastly, we expect that every member will work
equally and ensure that the workload is balanced for all its members.
Communication Methods
We have already established a group text chat via MMS for quick communication that
everyone can see when available. We have also established a Zoom server so we can convene via
voice and video chat for more discussion based contributions and active collaboration. The list
below has everyone’s contact information below for reference if we need to contact each other
(563) 639-2733
Collaboration Methods
Each portion of the following reports shall be led by a different member of the team, with
the selected de facto leader delegating the appropriate roles, hopefully having each person rotate
into each possible role by the end of this session. We plan to successfully work together by
encouraging open communication and establishing team goals. We will determine roles and
responsibilities throughout the project as we help each other through problems that may arise.
Conflict Management
companies to clients so that they can make their decision to support said company with utmost
team have decided the following two approaches for dealing with conflict. First, the team would
meet to discuss and identify the root cause. A team member will work as a mediator and if no
consensus is reached, the group will vote to reach an agreement. If the conflict does not get
resolved through compromise, the team will draft an email explaining the situation to Dr. B and
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ask him to mediate. The professor’s decision will be the final solution and all members agree to
Consequences of Non-Participation
If the team notices a lack of contribution from one or more members for a particular
module, they will first try to reach out to the said non contributor to try to resolve any potential
issues preventing the member from carrying their weight. If communication is unsuccessful, or if
the member responds and still does not contribute enough of their assigned part, the member will
only earn a percentage of the team’s score equal to their perceived participation; so if the
member does nothing, they get nothing for the assignment, if they did about about a third of what
was agreed upon that they should do, they shall receive about thirty three percent of the total
score. If a lack of participation is a recurring issue, for example it being the third time the
member did not contribute to the module, the team shall attempt to have a conversation with the
member to ascertain and resolve the issues. If there’s a successful conversation, the team shall
impose a twenty five percent reduction in score for that member from then on. If there’s no
response from the member, only then shall the team then consider a request for a removal of the
Conclusion
The Innovation Nation team feels all three companies are worth a study. Every company
is different, but has some of the same strengths in regards to growing and being dominant in a
competitive market. We are excited to start researching the market for the company and
identifying potential threats. We are confident that we will work as a team to provide Sparky
**Please note I reserve the right to return this first paper to your team to provide more details, so
APPROVAL:
References
https://www.macrotrends.net/stocks/charts/CVNA/carvana/revenue.
Coulter, M. (2013). Strategic Management in Action (6th ed.). New York, NY: Pearson.
Instacart. (2021, March 2). Instacart Announces $265 Million in New Funding Led by Existing
Investor.
https://news.instacart.com/instacart-announces-265-million-in-new-funding-led-by-
existing-investor-e5656828bd8f.
https://en.wikipedia.org/wiki/Lockheed_Martin.