Digital Technology to Support Small Business Innovations

MANAGING SUCCESSFUL
BUSINESS PROJECT

Table of Contents
TITLE: Impact of digital technology to support small business growth and innovations ..............1
LO 1.................................................................................................................................................1
P1 Aims and objectives...............................................................................................................1
P2 Project management plan include cost, time, scope, quality, communication, risk and
resources......................................................................................................................................1
P3 WBS and Gantt chart.............................................................................................................4
LO 2.................................................................................................................................................4
P4 Small scale research with applying qualitative and quantitative research methods .............4
LO 3...............................................................................................................................................17
P5 Research and data using with appropriate tools and techniques..........................................17
P6 Communicate appropriate recommendations results of research with meaningful
conclusion.................................................................................................................................19
LO 4...............................................................................................................................................20
P7 Reflection of the report........................................................................................................20
REFERENCES..............................................................................................................................21

TITLE: Impact of digital technology to support small business growth and innovations
LO 1
P1 Aims and objectives
Background of research
In order to attain more significant results in small business, digital technology assists to
make support with innovations and growth. In this regard, new tools and techniques could be
implemented that helps to meet with desired results (Acemoglu and Restrepo, 2016).
Furthermore, competitive advantages also gained in successful manner with different
sources and activities. Along with this, revenue and profitability also develops with tools and
techniques. With respect to make changes in business products and services, they are able to
attain more economic values in creative manner (Chuen, 2015).
Rationale of the study
With respect to implement digital technology, it can be stated that small business able to
implement several tools and techniques. As a result, it assists to make high profits and revenue at
workplace. In order to make competitive advantages, researcher need to collect relevant
information with respect to improve future results (Lusch and Nambisan, 2015). Therefore, new
tools and techniques identify with implementation of digital technology. It also helps to make
wide enterprise and consider creative results at workplace.
Aims and objectives
Aim: To identify significance of implementation of digital technology in small business growth
and innovations in small business – A Case Study on Small White Elephant.
Objectives:
 To understand concept of significance with advance technology in small business.
 To find importance of implementation of digital technology in growth and innovations in
Small White Elephant.
 To interrelate digital technology and growth and innovations of small business.
 To recommend ways through Small White Elephant able to increase their performance
with growth and innovations..
1

Research Questions
 What do you understand by the concept of significance with advance technology in small
business?
 What is the importance of implementation of digital technology in growth and
innovations at Small White Elephant?
 How to interrelate digital technology, growth, and innovations of small business?
 What are recommended ways through Small White Elephant able to increase their
performance with growth and innovation?
P2 Project management plan include cost, time, scope, quality, communication, risk and
resources
Task Name Duration Start Finish Predecessors
Research content prepara-
tion 2 days Fri 11/2/18 Mon 11/5/18
Devising aim and objec-
tives 4 days Tue 11/6/18 Fri 11/9/18 1
Research Background 3 days Mon 11/12/18 Wed 11/14/18 1,2
Selecting research
methodologies 4 days Thu 11/15/18 Tue 11/20/18 3
Collecting primary and
secondary data 5 days Wed 11/21/18 Tue 11/27/18 3,4
Analysing data 3 days Wed 11/28/18 Fri 11/30/18 5
Interpreting the data 2 days Mon 12/3/18 Tue 12/4/18 5,6
Conclusion and recom-
mendations 2 days Wed 12/5/18 Thu 12/6/18 7
Report submission of
draft 3 days Fri 12/7/18 Tue 12/11/18 7,8
Amendments by receiving
feedback 4 days Wed 12/12/18 Mon 12/17/18 9
Final submission 2 days Tue 12/18/18 Wed 12/19/18 10
2

In order to gain creative work performances, it can be stated that there are different kinds
of elements ascertained to attain desired results. With this perspective, research considers
concentration on proper time frame as they able to accomplish desired results (Karimi and
Walter, 2015). Following are certain elements consider in the project management plan that
assists to attain more growth and profitability:
 Cost: In order to conduct present research, there is around £680 needed. All elements and
tasks cover with this perspective to attain overall growth and profitability at business
environment (Sivarajah, Irani and Weerakkody, 2015).
 Risk: Due to lack of time and cost, there is high risk exist in front of researcher.
Therefore, it increases problems and issues to find relevant information. Furthermore,
collection of data is also major issue, which creates negative impact to gain more
effective results at workplace (Veselovsky, Pogodina and Kuzovleva, 2018).
 Scope: With the help of present research, researcher able to consider wide scope with
digital technology tools and techniques. It assists to make high growth with revenue and
profitability. Hence, people are targeted with using systematic approaches.
 Resources: With respect to collect relevant results, it can be stated that there are several
resources consider attain more systematic work performance (Pick and Nishida, 2015). In
this way, aims and objectives will be accomplished with primary and secondary
information. It helps to develop systematic functioning to attain more growth.
 Quality: It is essential perspective that helps to perform functions and operations in
systematic manner. In this regard, information that is collected by researcher must be
qualitative and relevant so that effective results will be generated (Carlson and Usher,
2016).
 Communication: Communication also consider important role to share proper outcomes
and findings in creative consideration. In this regard, researcher needs to contact properly
with other members.
 Time: Around 2 weeks are taken to complete the present project. On the basis of time,
relevant information will be gain at workplace easily (Reilly and Jones, 2017).
3