Managing a Successful Business Project

This report discusses the concept of equality and diversity in the context of IKEA and its impact on organizational performance. It covers aims and objectives, project management plan, data analysis, and recommendations.

Managing a successful
business project

Table of Contents
INTRODUCTION...........................................................................................................................3
Background of company..............................................................................................................3
TASK1.............................................................................................................................................3
P1. Description of different aims and objectives of current research report...............................3
P2. Project management plan......................................................................................................5
P3. WBS and Gantt chart for identifying the proper timeframes and strategy related to
research.......................................................................................................................................5
TASK2.............................................................................................................................................7
P4. Use of primary and secondary methods for achieving the different aims and objectives.....7
TASK 3............................................................................................................................................9
P5. Analysis of the data with the help of various tools and techniques.......................................9
P6. Recommendation.................................................................................................................12
TASK4...........................................................................................................................................13
P7. Reflection............................................................................................................................13
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
APPENDIX....................................................................................................................................15
Appendix 1: Performance Review.............................................................................................15
Appendix 2: Project Log Book..................................................................................................16

INTRODUCTION
In today’s corporate world, the concept of equality and diversity is a significant and broad topic.
This is because it is directly tied to an organization’s worldwide performance in a fast-paced
business environment. In this report, IKEA is regarded as the base organisation. Furthermore,
numerous issues of organisation connected to equality and diversity in the enterprise will be
discussed (Chadwick and Dawson, 2018). This report begins with a review of the project's goals
and objectives. Then there is information on the project management plan, which includes a flow
chart and a work breakdown structure (WBS). Following that, information on both qualitative
and quantitative methodologies will be provided. To complete the project, they will employ data
interpretation, recommendations, and reflection at the end of this report.
Background of company
IKEA is a Swedish company with a Dutch headquarters. It is well-known for offering a wide
range of products, including ready-to-assemble furniture, kitchen appliances, and other items.
Ingvar Kamprad launched the company in 1943, and it is currently the world’s largest furniture
retailer. The issue of equity and diversity in this firm is discussed in this study. At a worldwide
level, the organisation performs a variety of functions that affect a large number of individuals.
TASK1
P1. Description of different aims and objectives of current research report
Research aim:
The purpose of this study is “to determine the influence of equality and diversity on the
functioning of organisations in today’s business environment”. A case study of IKEA.
Research Objectives:
 To obtain knowledge about the concept of equality and diversity in the context of IKEA.
 To determine the many types of profit that IKEA makes from equality and diversity.
 To identify the many types of techniques employed by IKEA in their company to
promote the concepts of equality and diversity.
Research questions:
 How to gain knowledge about the concept of equality and diversity in the context of
IKEA?

 What factors influence IKEA’s deployment of various types of equality and diversity
profits?
 What are the many techniques utilised by IKEA in their company to promote the
concepts of equality and diversity?
Literature Review
Idea of equality & diversity inside the organization
The concept of diversity and equality is an important aspect of the organisation and can be used
to describe their function in the firm, which is related to work force management. It is critical to
examine each concept separately in order to grasp the concept. Equality at work can be defined
as the practise of applying equal policies to all employees without discriminating on the basis of
caste, religion, or any other criterion. Diversity scanning is the process of hiring and managing
employees from various cultural backgrounds and societies (Tormos‐Aponte and García‐López,
2018). This will assist the company in acquiring skilled personnel and monitoring achievement
through effective staff management. It is critical for a business to document its goals because
managing diversity and equality in the workplace leads to increased productivity, which aids in
the attainment of goals and reduces the likelihood of employee disagreement. It will also
improve organisational communication, allowing for more efficient operations (Corburn, 2017).
Welfares of equality & diversity for IKEA
IKEA gains numerous benefits from addressing the concept of diversity and equality in the
workplace, as it aids the company in reaching maximum production and profitability. This will
aid in the identification of diverse tasks, which will aid in the strengthening of relationships
between employees, reducing the likelihood of conflicts and saving resources in the organisation
(Rudman, 2020). Managers also claimed that it will provide equal opportunity for all employees
in the organisation and assist them in achieving maximum benefit so that they can pursue their
personal goals and lead to success. This will also help to reduce gender differences in the
workplace and will aid in the management of both types of workers in the firm so that they can
achieve profitably.
Various strategies that support in implementing equality & diversity at workplace
Regarding the purpose of attaining goals related to the management of the equality and diversity
concept It is critical for IKEA to develop a comprehensive plan and strategy that aids the
organisation in identifying distinct functions (Syed, 2020). It also claims that there are a variety

of strategies available, such as enhancing employee involvement and implementing an effective
orientation programme, which will aid the organisation in attaining its equality and diversity
objectives and lead to specialisation in individual work.
P2. Project management plan
It can be defined as a function that is embedded into a variety of activities that will be
utilized by an organization to develop an action plan for managing equity and diversity in the
workplace. Every task activity in this is geared on achieving goals and objectives. This is due to
the fact that an organisation must perform a number of functions in order to achieve its
predetermined goals (Ajmal and et. al., 2018). Currently, this project management plan focuses
on a variety of functions, some of which are listed below:
 Cost: It can be defined as the amount of money that a company must spend in order to
achieve the desired output and maintain a successful business operation. The total cost of
this project is £ 45000, which is the total cost that is applied by the instigator in order to
attain desired goals and company success.
 Scope: In project management, scope refers to the specific area in which the project is
functioning. In the context of IKEA, it may be claimed that the organisation has a lot of
room to examine at a higher level in order to get a good result.
 Time: It leads to set goals and achieve maximum productivity during the project (Moon,
2018). According to the current investigation, the total time spent by the researcher was
around 5 months. Where full effort is put forth in order to meet a deadline.
 Communication: For an organisation to archive its goals and conduct research
efficiently, effective communication is required. In terms of firms, it is possible to say
that researchers can employ a variety of ways to manage efficient communication
(Gurung and Prater, 2017).
 Quality: It is every researcher’s responsibility to maintain project quality in order to
obtain beneficial outcomes. In this study, the researcher will use productive work to
obtain quality.
P3. WBS and Gantt chart for identifying the proper timeframes and strategy related to
research
Work Break down structure:

It is a method used by investigators to break down a large project into smaller tasks that
may be completed quickly and efficiently to meet the project’s goals (Blustein and et. al., 2019).
This aids the researcher in work management and achieving positive results through work
management and acquiring maximum benefit through specialisation in work to complete each
task in a small format.
Gantt chart:
It includes task division in graphical representation, where distinct activities and tasks may
be divided into independent units and functions can be carried out according to the diagram. This
will aid the organisation in achieving various functions and will describe data on an axis basis
(Ssebunya and et. al., 2019). There are two sides: vertical and horizontal. This will also assist the
investigator in staying current with information.

TASK2
P4. Use of primary and secondary methods for achieving the different aims and objectives
It is critical for research to discover distinct research activities so that a company can
archive its goals and objectives by reading research. In order to accomplish so, the researcher can
employ both qualitative and quantitative methods, which will aid the organisation in achieving
maximum production while lowering the risk of error (Nitsenko and et. al., 2017). There are a
variety of alternative methods that can assist a company in achieving its research goals and
objectives.
Primary research: It is the type of research that is concerned with the performance of a
task for the collecting of data at the primary level. This will assist organisations in identifying
and collecting data at the primary level, allowing them to rely on and use data at a higher level
with confidence (Hoobler and et. al., 2018). This includes techniques such as questionnaires,
interviews, observations, and surveys, among others. This is a time-consuming method of data
collection.
Secondary research: Data is acquired on a secondary level in this form of data gathering.
This information must be reviewed by organisational assistance in order to run an organisation
with more efficiency (Jacquot, 2017). Newspapers, journals, magazines, and online sites are all
common data collection methods.
The current study is based on data gathered using both primary and secondary data
collection methods. There is a questionnaire based on data gathered from 40 respondents. Books
and journals are also sorceresses.
Qualitative research: This strategy uses research to identify research methods so that
qualitative factors can be used to assist an organisation in achieving its goal.
Quantitative research: It can be defined as a function in which a researcher uses
numerical data to detect distinct factors in a study and improve its effectiveness
(Podgorodnichenko, Edgar and McAndrew, 2020). This aids in the recognition of figures in
numerical form for the purposes of computing various functions and costs in a research report.
It is critical for organisations to keep track of their research goals and objectives, as well as
to employ appropriate procedures.
Questionnaire

Questionnaire
Q1. Do you have any information about workplace equality and
diversity?
Frequency
a) Yes 30
b) No 10
Q2. Is it true that the concepts of equality and diversity assist
organisations in meeting their goals and objectives?
Frequency
a) Yes 25
b) No 15
Q3. What are your thoughts on implementing equality and diversity
initiatives in the workplace?
Frequency
a) Agree 25
b) Disagree 15
Q4. What is the primary benefit obtained by IKEA as a result of
implementing this concept in the organisation?
Frequency
a) Growth opportunities 16
b) Timely attainment of goals 14
c) Positive working condition 10
Q5. Is it true that “Equality and diversity implementation and policies
will assist IKEA in boosting its performance”?
Frequency
a) Yes 28
b) No 12

TASK 3
P5. Analysis of the data with the help of various tools and techniques
Q1. Do you have any information about workplace equality and
diversity?
Frequency
a) Yes 30
b) No 10
Interpretation: As can be seen from the graph above, 30 out of 40 respondents were positive
about the information linked to the concept of equality and diversity in the workplace and were
willing to assist various employees in the organisation with this concept.
Q2. Is it true that the concepts of equality and diversity assist
organisations in meeting their goals and objectives?
Frequency
a) Yes 25
b) No 15

Interpretation: According to the graph above, there are more personas in the organisation that
believe that this notion will aid in the attainment of organisational goals and objectives. Yes
responses were given by 25 of the 40 people polled.
Q3. What are your thoughts on implementing equality and diversity
initiatives in the workplace?
Frequency
a) Agree 25
b) Disagree 15

Interpretation: This may be deduced from the graph above that a greater percentage of people
support the implementation of this concept in organisations. This is because it provides stability
to the firm and allows it to execute a variety of functions.
Q4. What is the primary benefit obtained by IKEA as a result of
implementing this concept in the organisation?
Frequency
a) Growth opportunities 16
b) Timely attainment of goals 14
c) Positive working condition 10
Interpretation: As can be seen from the graph above, the majority of votes are in favour of
expanding opportunities. There are 14 votes in favour of meeting goals on schedule if equality
and diversity are implemented in the organisation.
Q5. Is it true that “Equality and diversity implementation and policies
will assist IKEA in boosting its performance”?
Frequency
a) Yes 28
b) No 12

Interpretation: According to the above-mentioned graph, implementing and practising equality
and diversity will assist IKEA in raising its performance answer positively by 28 candidates out
of 40.
P6. Recommendation
Recommendation:
From the above discussion, it is clear that organisations must adopt a variety of steps in order
to achieve productivity while implementing the equality and diversity principle in their
operations. There are various recommendations to organisations in the area of IKEA, which are
listed below:
 It is advised to IKEA’s managers that they must adhere to all organisational ethics so that
the company can easily maintain ordination in various functions.
 This will lead to the company’s success and also lead towards critical cultural
management.
 In addition, it is critical for businesses to promote various functions by holding regular
meetings. This will preserve order in the workplace and lead to the implementation of the
firm’s procedures.

TASK4
P7. Reflection
After completing my research on the issue of equality and diversity, I can see that my
overall comprehension of the topic has improved, and I now have more information about
various parts of how organisations work and how I handle my work. This also aids in the
development of my research and project management skills. This study report has also aided in
the development of my numerous skills, such as leadership, communication, and analytical
abilities which have improved as a result of the research. This is because I learned how to
communicate with each and every member of the organisation with varied behaviour and attitude
when I used questionnaires on various respondents. It has a direct impact on my communication
abilities and helps in their development.
Analytical skills are also strengthened by recognising and linking data as well as utilising it
for research purposes, all of which have a direct impact on analytical skills performance. This
also aids in the development of my leadership skills since it gives me with numerous
opportunities to use my leadership skills to advise and motivate other team members to perform
efficiently using appropriate tools and tactics. This research report is critical in determining the
impact of equality and diversity, as well as the meaning of equality and diversity at work, among
the organization’s workforce in order to improve the organization’s chances of success by
reducing internal conflicts and managing each and every member on different tasks by
combining their abilities and performance.
CONCLUSION
From the preceding study, it is analysed that it is important for organisations to develop a
strategy for achieving their goals connected to the application of the equality and diversity idea.
This will also assist the organisation in managing multiple functions and connecting them so that
performance objectives can be met through the application of this concept for effective
performance.

REFERENCES
Books and Journals
Ajmal, M.M and et. al., 2018. Conceptualizing and incorporating social sustainability in the
business world. International Journal of Sustainable Development & World
Ecology, 25(4), pp.327-339.
Blustein, D.L and et. al., 2019. Expanding the impact of the psychology of working: Engaging
psychology in the struggle for decent work and human rights. Journal of Career
Assessment, 27(1), pp.3-28.
Chadwick, I.C. and Dawson, A., 2018. Women leaders and firm performance in family
businesses: An examination of financial and nonfinancial outcomes. Journal of family
business strategy, 9(4), pp.238-249.
Corburn, J., 2017. Urban place and health equity: critical issues and practices. International
journal of environmental research and public health, 14(2), p.117.
Gurung, A. and Prater, E., 2017. A research framework for the impact of cultural differences on
IT outsourcing. In Global sourcing of services: strategies, issues and challenges (pp.
49-82).
Hoobler, J.M and et. al., 2018. The business case for women leaders: Meta-analysis, research
critique, and path forward. Journal of Management, 44(6), pp.2473-2499.
Jacquot, S., 2017. A policy in crisis. The dismantling of the EU gender equality policy.
In Gender and the Economic Crisis in Europe (pp. 27-48). Palgrave Macmillan, Cham.
Moon, K.K., 2018. Examining the relationships between diversity and work behaviors in US
federal agencies: Does inclusive management make a difference?. Review of Public
Personnel Administration, 38(2), pp.218-247.
Nitsenko, V.S and et. al., 2017. Business model for a sea commercial port as a way to reach
sustainable development goals.
Podgorodnichenko, N., Edgar, F. and McAndrew, I., 2020. The role of HRM in developing
sustainable organizations: Contemporary challenges and contradictions. Human
Resource Management Review, 30(3), p.100685.
Rudman, R., 2020. Performance planning and review: Making employee appraisals work.
Routledge.
Ssebunya, B.R and et. al., 2019. Sustainability performance of certified and non-certified
smallholder coffee farms in Uganda. Ecological Economics, 156, pp.35-47.
Syed, J., 2020. Diversity management and missing voices. In Handbook of research on employee
voice. Edward Elgar Publishing.
Tormos‐Aponte, F. and García‐López, G.A., 2018. Polycentric struggles: The experience of the
global climate justice movement. Environmental policy and governance, 28(4), pp.284-
294.

APPENDIX
Appendix 1: Performance Review
What exactly was the goal of the project?
It is a project aimed at attracting and maintaining personnel in the organisation so that they may
easily meet their goals. Organizations should seek out and use the finest ways for retaining their
staff for this reason. This project seeks out techniques that aid in the accomplishment of
organisational goals and objectives.
How can you determine if the project met its objectives? Please provide specific details on
any examination and assessment that has taken place.
According to my expertise, this project is accomplished in accordance with the goals and
objectives. For me, it is critical that this project be completed according to my expectations. I
discovered that this project provides a talent management solution.
What aspects of the project did you believe worked well, and why? Examine every
component of the project?
I believe I gave it my all in completing this project because I believed it was critical for me to
learn something new, such as how to manage a project within a budget. It was a fantastic
experience, and I performed admirably.
What issues arose during the project, and how did you deal with them? During the
project, were difficulties identified and resolved in a timely manner?
It has not been easy for me because I've had to deal with a lot of obstacles, including
respondents who are not always willing to provide their information. Primary research has
become extremely difficult for me as a result of the most serious issues that have arisen in that
sector. I tried to obtain real and correct data, but it proved to be difficult for me. Another issue
for me is that I must develop results and analyses while keeping in mind the general public's
ability to grasp or not.

What exactly was the goal of the project?
It is a project aimed at attracting and maintaining personnel in the organisation so that they may
easily meet their goals. Organizations should seek out and use the finest ways for retaining their
staff for this reason. This project seeks out techniques that aid in the accomplishment of
organisational goals and objectives.
What did you learn as a result of working on the project?
I believe it is a thankful delight for me because I have learned a great deal of experience and
information. I determined that information and skills are critical for a person who want to
advance in life. When this project was assigned to me, I wondered how I would accomplish it.
But as time passed, I realised that this was a fantastic opportunity for me. I discovered a
number of things, including how it aids in the management of multiple tasks at the same time.
How would you rank your performance as the project’s management consultant?
According to the project, I gave myself an 8 out of 10 for my performance.
What strengths and weaknesses did you notice in your performance?
Patience and communication abilities are two of my assets, which I discovered. However, one
of my flaws is a lack of analytical abilities.
What will this mean for your professional development and how will it help you?
For me, having an assignment that not only completes my project but also improves my
personal and professional skills is a fantastic chance.
Appendix 2: Project Log Book
Project Logbook for MSBP
Project Week No: (Project Week no.)
Date:
No. Planned Activities Action Plan
1 Update your last week’s work
2 Problem encountered and how did you
handle the problem?
Consider the following: What obstacles
did you face?
The main issue I have with my face is the
lack of information in the market

environment, as it is tough to persuade
respondents to supply appropriate
information.
What steps did you take to overcome
them?
To do so, I need to enhance my behaviour
and use my communication skills to find
acceptable themes and comprehend all points
of view from many respondents in order to
solve my problem and manage success.
3 Task for this week What have I discovered about myself
in the last week?
Consider the following:
When I had to deal with
tasks/problems, how did I feel? Is it
true that doing the duties was
beneficial to me?
To cope with these challenges, I
employed a variety of management and
leadership theories to aid me in the
execution of suitable functions that will
directly respond to various situations
and strengthen my choice.
What was my performance like?
What contribution did I make? What
can I do better next week?
I will give myself a nine out of ten for
my efforts since I put together a solid

training and development programme
for myself and my teammates so that we
can perform well and boost our chances
of success.
What can this knowledge be useful for
in the future?
This initiative directly assists me in
improving my communication and
presentation abilities so that I can more
readily seize future possibilities.
4 Risk issues identified Consider the following: Have you
identified any dangers or concerns related
to a lack of skills required for conducting
research or completing tasks?
In my opinion, the time allotted to me is
insufficient for me to do many tasks, and I
am uneasy about completing this assignment
in less than two months. It is also difficult
for me to complete the research using the
questionnaire approach since they have
recognised and analysed the behaviour of
various responses and made them comfy to
deliver good responses so that they may
assist me in achieving the project’s goal.
Did Is there any project issue that will be
brought to your attention when you're
working on the project management plan?
No

5 Plan your tasks for next week Consider the following questions:
Which tasks are the most important?
Cod's message is relevant.
Have you allotted enough time to
complete the pass?
Yes
6 Project plan status till date (on/ahead /
behind)
If behind, why?
NO. there is nothing left behind.
7 Remarks by the lecturer if any No