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Analysis Managing A Successful Business Project

   

Added on  2020-10-23

27 Pages6100 Words276 Views
Managing A Successful BusinessProject

Table of ContentsINTRODUCTION...........................................................................................................................2Background of research..........................................................................................................3Aims and objectives...............................................................................................................4Project management plan......................................................................................................4Work breakdown structure and Gantt chart to provide time frame and stages......................8Research Methodology and Data collection.........................................................................10Analysis and Interpretation...................................................................................................12Recommendation and Findings......................................................................................................22CONCLUSION..............................................................................................................................22REFERENCES..............................................................................................................................26.......................................................................................................................................................28

INTRODUCTIONIn today's context, globalisation implies global integration of international trade,investment, information technology and cultures. It provides corporation to gain competitiveadvantage from lower operating cost and access to new raw materials as well as buy and sellgoods worldwide (Beamish, 2013 ). In this report organisation chosen is John Lewis, a high enddepartment stores operating throughout United Kingdom. This report is going to analyses aimsand objectives, work break down structure and Gantt chart to provide time frames and stages forcompletion research of case scenario of John Lewis. Moreover, small scale research isconducted with help of qualitative and quantitative research methods for meeting up aims andobjectives of research. Moreover, reseracher will use different tools and techniques foranalysing collected dsata re;ated to specific subject area in an effective manner. It will helpful inproviding meaningful ouitcomes. In United Kingdom, globalisation have positive impact on operating businesses which aredetermined below:Economic Impact: Globalisation compels business to adapt different strategies based onnew ideological trends. John Lewis, are increasing its productivity with help of operatingbusiness at international marketplace. Herein, it is possible due to reduction in trade barriers aswell as increasing enhancement in productivity and profitability which lead to increase ineconomy of a native country.Cultural impact: Globalisation removing the impact of cultural barriers of anorganisation in improving knowledge of culture of different different countries which impacton enhancement of business and standard of living. Moreover, it is also helping an organisationin improving efficiency, productivity and profitability of John Lewis's. Ethical impact: Ethical impact of globalisation help an organisation in expanding theirbusiness in ethical manner. Such as operating their business with ethical norms and business lawof a respective country. Moreover, adopting such tools and techniques which are not harmful forsociety as well as environment.Background of researchIn this report the organisation chosen is John Lewis, a high end department storesoperating in United kingdom. It deals with variety of goods and services such as clothing,

watches, jewellery and household items in large market place. This organisation is able toachieve high success by expanding business operation at global level with huge demand offashionable clothes and household items. Eventually, they are able to achieve high profits formtheir business by providing highest customer satisfaction. Furthermore, there are certain positiveimpact to business function which are discussed below:Operations: Operation are importance in operating day to day business activities. Herein,John Lewis are expanding their business globally (Brouthers, Nakos and Dimitratos, 2015).Itwill be responsible for controlling and managing resources in order to provide good quality ofgoods and services to satisfy customer's needs and wants as per their requirement.Marketing: Marketing plays an essential role in an organisation as it help in identifyingneeds and wants of customer. Herein, by identifying cultural and social factor of a respectivecountry John Lewis will able to achieve high customer's satisfaction as well as it will increaseproductivity of an organisation. Hence, it will create positive impact on an organisation and itwill lead to enhance their brand image in competitive marketplace.Human Resource: In an organisation human resource plays a different role as it help anenterprise in recruiting and selecting suitable candidate for a specific job profile. By recruitingright candidate at right time in order to meet up organisation goals. Thus, it will create positiveimpact by hiring knowledgable and skilled employees in order to understand need and demandof customers in an accurate manner.Aims and objectivesAim:“To analyse the positive economic, cultural, and ethical impacts of globalisation ondifferent business functions”. A case study on John Lewis.Objectives:To evaluate the concept of globalisation.To identify major issues and barriers arise while expanding business operations.To analyse the positive effectiveness of globalisation to John Lewis.To examine various ways through which organisation can easily overcome withoccurring issues and problems. Project management plan

Project Title“What are the positive economic, cultural, and ethical impactsof globalisation on different business functions within anorganisation -A case study on John Lewis. Project PlanCompany Name:John Lewis CostIn project management cost plays a pivotal role as it help anorganisation in investing amount in an appropriate manner.Herein, John Lewis need to evaluate cost of different activitiesaccording to different organisational function before emergingits business globally. With the help of proper planning ofbudget on various operational activities will help in managingcost in an effective manner. Moreover, it will help anorganisation to take appropriate decision for achieving successin completion of project. Cost Budget of GlobalisationParticulars Amount Initial investment 100000Research and developmentactivities 25500Operational expenses 15600Cost of It experts 21500Maintenance 16400Licensing fee 6000Closing value15000ScopeScope generally identifies available opportunities which helpan organisation to earn profitability in future course of time. Itwill help a respective organisation to sustain in a competitivemarket for a longer period of time. Moreover, it will help inanalysing globalisation impact in order to provide better

quality of product and services in marketplace. Herein, thescope of the research is to expand its product and services ininternational market and attain more more market share incompetitive edge.TimeTime-management is very essential in accomplishing a projectin a stipulated time period. It is very important part ofdevelopment plan as it help in identifying an actual timerequired in performing activities on time. In this case, projectwill be accomplished within 45 days. QualityQuality is the main objective of undertaking a project. It isessential to provide standard quality of product and services tocustomers according to need and wants. In context to JohnLewis, cultural and ethical practices of a particular countrywill help them in providing high quality of product andservices to customer's. Moreover, by maintaining quality oftheir products, it will help them to earn high profit andincrease their brand image in competitive marketplace. Hereindata collected by researcher are authentic in nature as well asrelevant for this specific research.CommunicationCommunication is essential in research. Effectivecommunication will help researcher in communicating withdifferent individuals and group of people. By communicatingplan and activities with individuals it will help an researcherto exchange its ideas and views and come up with suggestionin accomplishing a project plan. Eventually, from thisresearcher will feel valuable and help in fulfilling researchgoals and objectives in an effective manner.RiskRisk is an inevitable part of operating business which

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