Implication of Digital Application on Azimo company : Case Study
Added on -2020-07-23
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MANAGING A SUCCESSFUL BUSINESS
INTRODUCTION In the current scenario, digitalisation and techniques utilized by large number of the business firm for providing better and effective services to customers as per their needs and requirements. Along with this, digital technologies helps to promote and enhance cognizance of organisationas well as its employment at world wide level. (Eckerson, 2010) Because of this, business firm can attract large number of customer towards company the respectively enhanced profitability and productivity level. Fundamentally, this study based on Azimo, it is ansmall business firm of UK it providing money transferable services and facilities to customers. It's using digital technology within the organisation thus it directly affect on business firm in positive or negative in manner. Therefore, it will be systematically defineand identify implication of digitalisation on small business firms. Additionally, here will effectively conduct appropriate investigation in the marketplace so that can easy to examine actual market trends and customer's demand. (Keller, Parameswaran and Jacob, 2011) TASK 1 Purpose and objectives of project Title:The implication of Digital application on small organisation: A case study based on Azimo company. Aim:Every business firm wants to get expand its business in different sector of marketplace.seeks to be achieve their aimsand objectives in proper manner. Therefore, it is important to be set and clarify targets to all staff members of the business firm so that they can also set their short and long term goals and effectively focus on them. Apart from this,in this present time organisationare using digital tools and technologybythe companyfor systematically providing better products and servicesto customeraccording toneeds and requirements. So that they can get proper satisfaction towards their desirefrom the business organisation. Generally, this study totally based on Azimo company it is providing money conveyable services and facilities to customers. Aim: To identify the impact of digital technology on performance Azimo 1
Objectives:Under this assignment effectively define the actual impacts of digital tool on small business firm. In which chosen business is Azimo organisation its supply money transfer facilities to consumers according to needs and demand of organisation. Due to this, it focuses on to use and acquire smart digital tools within the company so that they also significantly understand the customers in an impelling style.(Crane and Matten, 2016) However, managers of the company wants to give fully satisfaction to consumers as well as provide try to provide them better facilities. Apart from this,there are explaining major goals and objectives behind this report is that identify and determine the actual impacts of digitalisation on Azimo company such as follows: To evaluate the effective use of digital technology. To critically analyse factors, influence performance of Azimo. To investigate impact of digital technology on performance of Azimo. TASK 2 Management Plan Generally, management is an important concept at every work place of the company because it aids to perform different types of activitiesand operation of organisation in proper manner.It aids to increase performance and capabilityof staff members due to this they significantly performed their tasks and operations with goodquality and results.(Smith,Binns and Tushman, 2010) Due to this, effectively enhanced the profitability and productivity level of the business firm.However, management plan also played a vital role because with the help of this all operations are effectively performed and employees achieve their targets and goals. Additionally, management plan also assist to reduce problems and issues of the business firm therefore respectively reduce conflicts from the work place. Hence, it is necessary to be prepare an effective management plan for the business firm because company's sales and revenue depends upon employees working performance and effectiveness. Thus, employees of the firm aids to increased profit level of the company. In the management plan enclosed some stages which all are explaining under follows such as: 2
Scope of project:It is one of the major and first stage of management plan, in which researcher systematically identify the several areas in which company can easy to expand their business firm. (Den Hertog, Van der Aa and De Jong, 2010)This report based on Azimo organisation because it is an small business firm of UK which providing money transferable services to customers. In this assignment effectively will be identify the actual impacts ofdigitalisation on small business firm. This organisation focus on to adopt smart digital tools and techniques at work place of the company so that they will significantly provide better product and servicesto consumers according to demand and desire. So that customer can accomplish towards the towards their demand and desire in an effective style. Along with this, it is required to be applied inbetter management system and communication process at work place of the organisation so that all employee can effectively communicate and interact with each others. Due to this employees and customers can easy to share their views and requirements between each others. (Shattock, 2010) Cost control:It is also one of the major stage of management plan because without sufficient finance any business firm cannot get success and performed their tasks. Therefore, it is necessary to be invest appropriate fund within the several sections of the organisation as per their requirement of fund. Furthermore, this aspect of the management plan directly impacts of business firm either positive or negative way. Because of this, it is necessary to be implement effective cost control system so that employers of the company can easy to identify and examine the actual requirement of investment as well as in which sector. (Kowalkowski, Kindström and Brehmer, 2011) Quality control:After investing the fund in different section of the company, it is essentials to be manage and control quality of employee's working quality in a systematic style. Thus employee's performance directly affecton business organisation wither positive andnegative manner. Hence, employers of the firm must be set appropriate quality standards so that staff members can performed their tasks within better quality also they can easy to compare their actual performed with decided standards. It helps to increased working efficiency and effectiveness of all employees in an impelling way. Risk management:Basically, risk is the uncertain in the nature which will easy to occur in any situation. Thus, risk is the that concept which directly effectof organisationas 3
well as their employee's performance. Therefore, it is essentialtodetermineand recognise the main factors and issues which aids toimplement proper toolsand techniques. In the other words, as per above define in this report effectively identify the actual impactsof digitalisation on the performance of Azimo company thus it is necessary to be implement risk management plan in the project. So that project team can easy to manage and control risk and face any kind of critical situation in an impelling way. (Law,Chen and Wu, 2010) Time:It is required to be manage and arrange all activities of the project within proper required time period. Due to this, employers of the firm must be create appropriate time frame and arrange all activities and operations in an systematic way. It aids to increased working performance of the employees as well as reduce the level of complexity and conflicts in an impelling style. Thus, in this report must be use appropriate Gantt chart and critical path method for managing and controlling all project activities and operations in an systematic manner. (Giesen, 2010) Communication:It can be performedas an effective method whichaidstothese people can simple to interact and share their information with each others. Apart from this, in this project must be implement effective communication procedure so that team members can easy to interact with each others as well as understand the customer's needs andrequirementinanimpellingstyle.Thisprocessaidstoincreasedmutual understanding and reduce conflicts from the work place of the company. (Dyer,2013) Resources:Thisreport based on Azimonorganisationwhich isprovidingmoney transferable services and accommodation to customers according to demand and desire ineffective manner. Therefore, in this project will be identify the actual impacts of digitalisation on the performance of selected organisation. Thus, every project has required some specific resources for getting success and attaining goals. Due to this, it is necessary to be allocate appropriate resources in an systematic way so that team members can maximum utilise them and get success in the competitive market place. 4
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