Managing a Successful Business Project: What does an innovative digital workspace look like?
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This report focuses on the role of innovative digital workspace in retaining employees within the workplace. It covers project life cycle, research method & strategies, project management plan, work break down structure and Gantt chart. The report provides insights on ASOS Plc.
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Managing a Successful Business Project
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Contents Project Title: What does an innovative digital workspace look like?.............................................1 INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1: Explain the stages of the project life cycle (PLC) and their significance to the success of a project..........................................................................................................................................1 P2: Examine the factors to be considered when compiling a project management plan (PMP).2 P3: Examine a range of researches method and strategies and their significance to project management.................................................................................................................................3 TASK 2............................................................................................................................................5 P4: Produce a PMP that cover aim, objectives, deliverables, quality, risk, communication resources and research methods...................................................................................................5 P5: Produce a work breakdown structure and a schedule to provide time frames and stages for completion...................................................................................................................................6 TASK 3............................................................................................................................................8 P6: Conduct a business project a stated within the PMP and communicate findings.................8 P7: Present data to draw valid and meaningful conclusions and recommendations from data analysis........................................................................................................................................9 TASK 4..........................................................................................................................................12 P8: Reflect on the value of undertaking the business project to meet stated objectives and own learning and performance..........................................................................................................12 CONCLUSION..............................................................................................................................12 REFERENCES..............................................................................................................................14
Project Title: What does an innovative digital workspace look like? INTRODUCTION Workplacerenovationhasbeentermedasthinkagainforflexibleworkspacefor accommodating various forms of tasks, technology and staff.Additionally, this can drive towards board range of employer advantages that involves empowering workers to perform much effectually, therefore maximising both morale & productivity(Tinoco and et. al., 2018). Moreover, the digital workplace is undertaken as the concepts that businesses might utilise digital transformation for aligning technology, staff and procedures of business for improving operational effectiveness as well as meeting organisational objectives. The aim of this report is to determine the role of innovative digital workplace in retaining employees within the workplace. For this report the chosen organization is ASOS Plcwhich is known to be the British online fashion as well as cosmetic retailer. Its located in London, United Kingdom. The report covers project life cycle, research method & strategies, project management plan, work break down structure and Gantt chart. Apart from this, some recommendation and reflection are also provided in this project. TASK 1 P1: Explain the stages of the project life cycle (PLC) and their significance to the achievement of a project. The success of the project that is digital workplace transformation that efficiently vita and may drives towards consistency among conducting practices or functions which are the cause of pandemic circumstances (Polonsky and Waller 2018). Additionally, this is efficacious for driving towards several level among staff and its advantages which incorporates enhancement towards staff competencies through that they may maximise productivity and standard among performing workers.Moreover, this is responsible for effectually communicate and coordinate which is responsible for effective utilisation of expertise. Project Life cycle This involves the stages which are needed for project managers to successfully manage the project from initial to end. Moreover, this involves fives steps to PLC all are discussed below: Initiation: This is fundamental phase in which the manager of project initiates meeting to get prior views related to stakeholders as well as it aims, objectives and expectation for project 1
transformation. Moreover, this is effectual for project as this phases are responsible to deal with report through developing appropriate vision, stakeholders, resources, budget and other prospects related to innovative digital workspace. Planning:Thisconsidertoworkplacetransformationprojectwhichinvolvesthe development of effectual project plan, resources plan and anticipation consider to budget, resource collection and effectually estimation of problems(Sandhu, Shamsuzzoha and Helo, 2018). Additionally, the particular phase is undertaken as one of the vital stages as this would meet towards following aspects over the workplace transformation. Executing: This is related to the project innovative digital workspace which includes procedures or resources which are needed. Moreover, as there is various form of assessment, continuous meeting and problems into firm. This is responsible for developing efficient implementation of transformation process along with effectiveness of work place. P2: Examine the factors to be considered when compiling a project management plan (PMP). Project management plan refers to the powerful record which includes information that are connected with assets which has been used while implementation of administrative activities in reasonable manner. This includes appropriate preparation related to keeping up with and directing activities which are introduced in adjusting working environment change(Einhorn, Marnewick and Meredith 2019). These management plan is named as conveying segment and needs of venture exercises. It includes information about certain variables like expense, time, risk, time that are as per the following: Project Aim The major point of business is think about change to innovative digital workspace for execution of different administrative activities on powerful stage. The accompanying task is powerful for redefining circumstance of working environment variety that are made for business towards the execution of different administrative capacities with effective divisions. Working environment change is critical to adjust by viable business to keep up with their exhibition and tasks really(Zerjav, 2021). Project Objectives 2
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The essential target with this exploration fundamentally focuses on working environment change that should be dealt with different activities and it alludes as a successful change of working environment as with keeping up with working of separate in administration. This exploration work is successfully responsible for basic activities for working environment change and adjusting their program or a few central dealings. Project Scope The entire undertaking the executives arranging includes productive strategies, procedures, capacities, capacities and essential occasions for coming to towards work environment change with viable stage. The crucial extent of this change project is expected to build the functioning activities of a separate by successfully examining the viewpoints expected to remember with the administration for a proficient way. Project Boundaries As there are different kind of task limits in which they estimated essential terms towards administrativeworkingenvironmentchangeproject.Itincludescost,risk,investigation, correspondence strategies and different one more connections with the task. All such are actually alludes to the limits that are connected with task and need to gauge in a proficient manner by which there will be compelling execution of reasonable change of working environment(Bilal et. al., 2020) (Aunget et. al., 2021). Justifications As there are different kind of supports that is likewise critical to show about change project in a productive manner. It includes a few diaries and too important sources that are responsible for effectively supporting such cycle. Project avocations are need in regard to offers the appropriate outcomes that are successfully responsible for work environment change. Project Constraints As there are different kind of limitations about change project that focuses on restricted divisions that are open in business. It additionally includes financial plan issues which is responsible as such venture need some viable number of money related esteem. It includes working individual and effective method for executing such relative undertaking. 3
P3: Examine a range of researches method and strategies as well as their significance to project management. The researcher uses research methodologies to efficiently collect, analyse, and handle information and data. This assists researchers in selecting data relevant to their field of study. This technique is valuable to the organisation since it aids in the timely achievement of the investigation's goals and objectives as well as the collection of data for interpretation.There are several research methods and strategies which is used. Research method The research method is different from methodologies of research as this are ways in which data is collected for research project. The processes, tactics along with techniques utilised in the gathering of data or information for examination to find new knowledge addition to get a clear understanding of a topic has been termed as research methods.A research strategy is a set of strategies which direct behaviour, ideas along with actions, permitting to do research in a methodical, systematic and timely way to provide detailed as well as high-quality data reporting. The introduction of crucial parts of a research project, such as the study topic, research perspective, design, and procedures, is assisted by this. The action plan is defined step by step as a result of hard research, giving the study process direction. There are several research methods and strategies which are as follows- Primary research method -In this type of data collection, the researcher employs instruments such as questionnaires, interviews, and other methods to obtain useful information from respondents. To conduct the study, the researcher will employ a questionnaire format in which specific enquiries will be asked of selected people in order to improve the viability and applicability of research. Secondary research method -It refers to a method of data collection in which the investigator makes use of sources as well as information which are readily available, such as journals, internet articles, newspapers, and magazines. With this researcher's help, we can ensure that all of the data used in this investigation is relevant. Quantitative research –It is generally based on quantitative and statistical data. It will allow researchers to monitor and collect numerical data in order to manage effective negotiations and carry out manufacturing among a vast group of people. For this 4
investigation, the investigator uses charts and graphs to measure the data obtained and evaluating it. In the strategy this involves collection of primary and secondary data. the researchers collect data by taking use of questionnaires, polls and surveys. Qualitative research –In this study, the researcher looked at the answer from a different angle. In comparison to qualitative research, qualitative research allows investigators to maintain a strong point of view(Bai et. al., 2022).This is accomplished through the use of graphic or verbal descriptions. It's based on an interpretivist and subjective point of view. The small number of participantsprovides for a detailed understanding of the problem. It is based on the phenomena of quality. This strategy helps in understanding the reasons and people opinion on certain facts or problem which helps in providing insights into research problem therefore assisting in achieving research objectives. Descriptive strategy-The researcher generally take use of this to define specific situation which includes spotting and defining the behaviour or action patterns of people or group. It takes into account of observation, surveys and case studies in order to information collection addition to having understanding of specific set of variables. In order to demonstrate the current investigation, the researcher will employ a quantitative approach, in which a form will be produced to hold data sources. To achieve the current investigation's goals, a sampling method will be used in which 30 people from the business will be picked to respond. Workers are so responsive because they have appropriate and relevant facts about the current topic. TASK 2 P4: Develop a PMP that cover, objectives, aim, quality, deliverables, communication resources, risk as well as research methods. Aim: To determine the role of innovative digital workplace in retaining employees within the workplace: A study on ASOS Plc Objectives: To develop basic understanding about the innovative digital workplace To determine the impact of innovative digital workplace in employee retention within the ASOS Plc 5
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To examine the type of digital transformation used by ASOS Plc and M&S To evaluate the value and benefits of using innovative digital tools for the ASOS Plc Quality The nature of the administration successfully targets towards the working environment change about critical methodology about the venture similarly as with capacities that advances different working individual. The quality in view of working environment change that is named as exceptionally basic as it alludes proficient association of Boots business. Risks Every administration incorporates a few certain kind of dangers that ought to be taken care of reasonably in setting to the particular business(Wang et. al., 2022). The business oversees different advantages from different task similarly as with the thought of a few issues or hazard by which they face misfortune about project the board, limitation towards cost, performing separate misfortune, and different perspectives. Communication The correspondence or interrelation among their working separate is named as significant about powerful kind of undertaking execution(Jovanovic and Beric, 2018).It incorporates working separate that are essentially consider about sureness in regards to strategies or reasonable methodologies for changing the working environment into viable manner. Project Deliverables It includes successful expectations which linked with task that is responsible for characterizing their picture of report in such manner of Gantt outline and Work breakdown structure. These expectations are responsible intended for introducing their contemplations according to task of work environment change by particular outcome through introducing specific examination. Resources To accomplish every one of the points of researcher to guarantees that huge assets that are distributed like monetary assets, administrative resources in regard to achieve all the task with no unnecessary postponements. P5: Produce a work breakdown structure and a schedule to provide time frames and stages for completion. Work breakdown structure– It is an effective tool which help project manager to conduct working on project effectively by breaking the task into smaller steps in order to 6
get clear understanding of complex task. It also enables individuals to get clear insight about their role which they have to perform to meet the desired outcomes of a project.It is a sectional structure created between tasks in a hierarchical fashion that allows project managers to allocate time to all project actions in order to achieve profitability. It enables a business project group to gather all relevant information about specific regions and resources based on their objectives and needs. Gantt chart –It is basically used in project management which helps in showing the activities that is displayed against time. It is a useful tool that identifies all appropriate actions within a certain time frame. It's also known as "visual project performance" since whole activities as well as tasks are displayed on a map, making it easier for managers to discuss addition to comprehend (Nicholas and Steyn, 2020). It is the effective valuable technique used in project management in terms of managing all actions to finish the assignment within a particular time limit.The action is represented by map, bar graph where length along with position of bar reflects the end date, duration and start date of activity. 7
TASK 3 P6: Conduct a corporate project which stated within communicate findingsand PMP Questionnaires Q1. Does anyone have knowledge related the workplace transformation? Yes No Q2 According your view point, you have any idea nearby the innovative digital workspace? Yes No Q3.What are the impact of innovative digital workplace in employee retention within the ASOS Plc? 8
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Positive impact Negative impact Q4. What are the different type of digital transformation used by ASOS Plc and M&S? Business Model Alteration Process Change Area Transformation. Organizational/Cultural Transformation. Q5. What are the value and benefits of using innovative digital tools for ASOS Plc? Enhanced Productivity Stronger resource management. Data-driven customer insights. Better customer experience Q6. Any suggestion. P7: Present data to draw valid and meaningful conclusions and recommendations from data analysis Q1. Do have any knowledge about the workplace transformation?Frequency Yes26 NO4 Q2. As per your view point, You have idea about the innovative digital workspace? Frequency Yes27 No3 Q3.Whathas the effect of innovative digital workplace in employee retention within the ASOS Plc? Frequency Positive impact20 Negative impact10 Q4. What are the different type of digital transformation used by ASOS Plc and M&S? Frequency Business Model Alteration.5 9
Process Change9 Domain Transformation.6 Cultural/Organizational Makeover.10 Q5. What are the value and benefits of using innovative digital tools for ASOS Plc? Frequency Enhanced Productivity6 Stronger resource management.10 Data-driven customer insights.5 Better customer experience9 Q6. Any suggestion. Interpretation Q1. Does anyone have knowledge about the workplace transformation?Frequency Yes26 NO4 Interpretation: From the graph, it is interpreted that between 30 respondents, 26 are in favour of yes as well as rest 4 are saying no. So, this state’s most of the people having knowledge about workplace transformation as it is the reconsidering of flexible work space for accepting various methods of tasks, technology and staff. Additionally, this can drive towards board range of employer advantages that involves empowering workers to perform much effectually, therefore maximising both morale & productivity. Q2. As per your view point, do you have any idea about the innovative digital workspace? Frequency Yes28 No2 Interpretation: As per the above graph, it has been interpreted that among 30 respondents, 28 are in favour of yes and rest 2 of them are saying no Q3.What are the impact of innovative digital workplace in employeeFrequency 10
retention within the ASOS Plc? Positive effect20 Negative effect10 Interpretation: From above graph, it is interpreted that between 30 respondents, 20 are in favour of positive effect along with rest 10 are saying negative effect. Q4. What are the different type of digital transformation used by ASOS Plc and M&S? Frequency Process Change5 Business Model Alteration.9 Domain Alteration.6 Cultural/Organizational Change.10 Interpretation:There is different type of digital alteration used by ASOS Plc and M&S are business model alteration,process change,domain alteration,cultural/organizational change and so on.So, as per the above graph, it has been interpreted that among 30 accused, 5 are in support ofprocess transformation, 9 are responding towardsbusiness model transformation, 6 are saying domain transformation, and rest 10 are withorganizational/ cultural transformation. Q5. What are the value and benefits of using innovative digital tools for the ASOS Plc? Frequency Enhanced Productivity6 Stronger resource management.10 Data-driven customer insights.5 Better customer experience9 Interpretation: There are various value and benefits of using innovative digital tools for the ASOSPlclikeimprovedproductivity,data-drivencustomerinsights,soliderresource managementbetter customer experience.So from the above graph, it is interpreted that among 30 accused, 6 are in support ofenhanced productivity, 10 are responding towardsStronger resource management, 5 are sayingData-driven customer insights, and rest 9are withbetter customer experience(Opher et. al., 2021). 11
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Q6. Any suggestion. Interpretation: It has been suggested to ASOS plc management to perform appropriate types of digital transformation such as cultural or organizational transformation. As this would be helpful for them in gaining stronger resource management, staff retention and maximize productivity of organization in effective and efficient way. TASK 4 P8: Reflect on the value of undertaking the business project to meet stated objectives and own learning and performance. The given report highlighted about the action plan of working environment transformation which can be implemented by organisation in context to long term shareholders. To complete the areas of this evaluation project productive survey goals, point as well as poll which has been effectively created by me. It is completed with backing the authentic suggestion plan. Moreover, to successfully complete the task and all objectives I need to gain some term of information from effective tools of Data assortment which will make sure that every information in data will be useful for firm for the growth ae verified(Richardson, and Jackson, 2018).During the time of this evaluation, I had challenged various problems in the system for reviewing information from people by survey as in the strategy which I face that some respondent did not gave any response. Moreover, it has been analysed by me with my week correspondence abilities which I had issues to subordinate for some people in particular manner. I have really developed my communication capacities during this investigation. This helps me to have reasonable understanding of some types of workplace environment transformation strategies which can support the matter of implementations. The motion research similarly made my information assortment, decisive reasoning,timeusagecapacitieswhichincreasemyconfidenceleveltointroducethe investigation in future in a capable way. CONCLUSION From the above information, it has been concluded that innovative online transformation is performing important role within establishment. As concepts that businesses might utilise digital 12
transformationforaligningtechnology,staffandproceduresofbusinessforimproving operational effectiveness as well as meeting organisational objectives. Additionally, this may drive towards board range of employer advantages that involves empowering workers to perform much effectually, therefore maximising both morale & productivity. In addition to this,research strategy is a set of action which drive ideas addition to actions, tolerating to do examination in a systematic and timely method to deliver detailed and high-quality data reporting. 13
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