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Managing A Successful Business Project Essay - Taj Store

   

Added on  2020-07-22

20 Pages5169 Words39 Views
Business DevelopmentLeadership ManagementProfessional Development
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Managing A Successful Business Project
Managing A Successful Business Project Essay - Taj Store_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives of research project................................................................................1P2 Produce a project management plan......................................................................................3P3 Work break down structure and Gantt chart..........................................................................5TASK 2............................................................................................................................................7P4 Small scale research for project.............................................................................................7TASK 3............................................................................................................................................9P5 Analyse research and data through various tools or techniques............................................9P6 Recommendations................................................................................................................12TASK 4..........................................................................................................................................13P7 Reflection.............................................................................................................................13CONCLUSION..............................................................................................................................13REFRENCES.................................................................................................................................14LOGBOOK....................................................................................................................................15
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INTRODUCTIONDigitalisation is the set of process in which leverage all these for improving businessoperations. It play an important role in every organisation for running smoothly and efficiently. Itis an essentials for small and micro firm in achieving growth and competitive advantages.Digitalisation is the procedures to convert information into digital one from physical formate. Itis also known as digital transformations (Cavusgil, 2014). This process is related with advancetechnology, computer or software applications, internet and many more that support in attaininggoals or objectives. This report is based on Taj stores which one of the oldest internationalgrocery shop in the UK. It deals in providing various products and fresh foods to the customers.They can develop and expand business at other places by adopting best advance technologieswhich have major impact on small firms. This report will define about organisational aims orobjectives and producing project management plan as well as work breakdown structure for itcompletion. It carry out mini-research and analyse data by using techniques. Recommendationsand reflection also will be given. TASK 1P1 Aims and objectives of research projectIn the current scenario, digitalisation has wide scope for business development because itis an effective to manage entire operations and focus on achieving predetermined goals orobjectives. This technology is adopting by every firm to get succeed. The advantage ofdigitalisation is that it helps in reducing workloads as well as time consumptions in an effectivemanner. There are many small and micro business who take support of digital technology fordeveloping business and create good positions in the market. In this consider the uses of smartphones or technologies, web browser, networking, internet banking, system software, computerapplications and advanced devices etc. for making work every work easy and effective forindividuals (Dezdar, 2011). These are very helpful in reducing stresses and work pressures ofemployees while performing tasks within an organisation. Digitalisation is very supportive toolthat helps in minimising costs and utilise entire resources for achieving goals or objectives.Advanced or digital technologies are using by various firms because these are fasts as well asforwards which support to reduce time consumptions and minimise wastages so that companycan accomplish its set goals or objectives in an appropriate way. Every small and micro firms1
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focus on these tools or technologies for business growth as well as achieve sustainability withinthe firm. This is an essentials to increase productivity and profitability of the company. Taj store,which is a grocery mercantile also trying to adapt the best strategies for creating effective brandimage among competitors (Ainin, 2011). They can make their work easy by storing, recording,maintain online orders and delivering goods and services to the customers at local and regionalareas. The main objectives of this project is to understand the digital impacts on the small andmicro firms. There are some components included in this such as;Project Title:-“The impact of digital technology supporting small business growth andinnovation”. This case study is based on Taj stores.Aims and Objectives:- “The major aim of this project is to consider various digital technologiesand their adoptions for achieving potential growth and sustainability in the competitiveenvironment.” Small firms can make decisions regarding adopting suitable or favourable strategies foreffective digitalisation. Its main purpose is to bring new innovative ideas and creations toproduce better products and services in an appropriate manner. It also support in improvingcommunication procedures so that important informations can be provided to the targetedaudiences (Eid, 2013). Taj Stores are required to undertakes all these strategies and build betterorganisation among competitors. This report will support in analysing the major impacts andimportance of digitalisation in achieving competitive advantages and attains growth and bringinnovations within the firm. Taj Stores must be needed to use several techniques for maintaining records, financing,internet banking, online payments system and transactions, storing or managing inventories,delivering goods or items to local people so that customers can be satisfied. They also can reachat targeted audiences in an appropriate manner. The objectives can be understood by followingthese such as;To determine the major impacts of digitalisation on the small and micro firms andtheir contributions for society development.To analyse the specific requirements for modifications or alterations in moderntechnologies and identify benefits of digital technology for creations andinnovations in Taj stores.2
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