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Industry Concept Map; Telephone Companies On Top

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Natalie RookConcept Map Reflective EssayT207December 17, 2014Industry Concept Map; Telephone Companies On TopDo you ever think about how much use you get out of your mobile device and your telephone carrier itself? When you take a step back, you realize that your telephone company provides you with a lot more beyond phone calls. My group predicted that telephone companies will end up as the top industry because of their use of convergence and being able to change their business model to fit consumer needs and wants. While making a prediction of who will come out on top in five years, my group predicted that telephone companies would succeed. During this process, I wasable to contribute in multiple ways. First, I used past knowledge of concepts learned during class and articles to support why I thought telephone companies would succeed. I contributed to my group by creating a Google document to create ideas that we had at first before meeting to work on our project. This was a way for each group member to contribute thoughts and ideas on their own time. We then created a GroupMe message for an easier way to communicate with one another. We met three different times to construct and apply class concepts to our prediction. I constructed the concept map itself before my group met to edit and finalize the poster. 1By participating in this class project, I learned that telephone companies haveadapted and will continue to adapt in ways to best suit their consumers and themselves. For example, telephone companies use convergence to bundle telephoneservices, cable services, and Internet services all through one overall company. In addition, online content can benefit from net neutrality leaving telephone companieswith a lesser profit. Therefore, they will have to change their overall business model.Another thing I was able to do was learn further about the class concepts in relation to telephone companies and other service providers. It was easy to eliminate the older service providers because modern generations want to “cut the cord” for their content, and stream it online. Along with that, customers would like to be able to pick and choose their content, and kick but useless content that they don’t watch, but is included in their cable bundle. If I could do this project differently, I would bring in different, more useful predications and articles to support why I believe that telephone companies will endup on top. This would further my education on my topic as well as support my stance. I would also find ways to communicate with my group more efficiently, especially during finals week when everyone is busy and overwhelmed with other course work. In conclusion, I think that my group did a very good job on applying class concepts to our opinions and thoughts to why we think telephone companies will be on top in five years from now. My group excelled at sharing their ideas to contribute to the industry concept map. Each individual brought in outside information to 2support these ideas, which made the construction of the concept map time efficient, and easy to understand for other members of our group.


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