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Managing a Successful Business Project

   

Added on  2023-01-11

23 Pages4305 Words98 Views
Leadership ManagementHigher EducationEnvironmental ScienceEconomics
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Managing a Successful Business Project_1

Managing a Successful
Business Project
Managing a Successful
Business Project
TOPIC..............................................................................................................................................4
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................5
P1 Aims and objectives...............................................................................................................5
P2 Project management plan.......................................................................................................7
P3 Gantt chart and WBS..............................................................................................................8
TASK 2..........................................................................................................................................10
P4 Small scale research.............................................................................................................10
P5 Interpretation of findings......................................................................................................12
Managing a Successful Business Project_2

P6 Recommendations................................................................................................................22
TASK 3..........................................................................................................................................22
P7 Reflection.............................................................................................................................22
CONCLUSION..............................................................................................................................22
REFRENCES.................................................................................................................................23
Managing a Successful Business Project_3

TOPIC
“ This is to determine that kind of strategies and those initiatives which is helpful
for an organization for developing an inclusive workforce”. This case study is taken upon
Tesco plc.”
INTRODUCTION
Competition in market is increasing day by day and is also expanding business for
themselves. This has become important for an employee of a company for mastering skills and
enhancing of talent which is within them. This is done in order to maintain coordination and
gaining effective results that has to be attained out of it. Also helps in achieving of goals in better
and effective manner. It is trend of creating an diversity in workforce of an organization which
contains different kinds of skills, talents, background and experiences all this has played an very
important role which helps in boosting of an competitive edge in a market. It is essential to create
an workforce in an working environment which is going to help in achieving of objectives in an
organization. Tesco is an British multinational supermarket plc that has been formed in the year
1919. Headquarters is situated in England. Company consists of more than 450000 employees
and has 6800 shops all over the world. In this file strategies which is going to be covered is
importance of having an inclusive workforce and also a diverse work force. Such strategies are
also helpful in building an working environment is going to be discussed. Also research is to be
done over small scale with the help of tools.
TASK 1
P1 Aims and objectives
An inclusive force means those kinds of employees which are having diversity within
their working pattern and are present in an organization. They are very much valuable within an
organization as their opinion matters at that time when decision making is going to take place.
This makes them realize their value in an organization. This helps in increasing of commitments
towards and organization. It also helps in suggesting of those methods that is necessary for
achieving of goals in easy manner. If any kind of dispute has taken place in an organization it
Managing a Successful Business Project_4

helps in creating of harmony among its workers, which gives rise to an positive working
environment in an organization (Kato and Charoenrat, 2018).
Aim: “ IS to determine that kind of strategies and initiatives which is going to lead towards
achievement that is going to helps an organization for developing of an inclusive and
diverse workforce”. A case study on Tesco plc.
Objectives:
Gathering of information about work force.
Also for determination of strategies and initiative can be used by Tesco which is going to
create an inclusive diverse workforce
For identifying of advantage of workforce for company.
Research Questions:
What is meant by and inclusive workforce?
What strategies and initiatives should be used by an organization for creating of diverse
workforce?
What are the advantages of having such a workforce?
Literature Review
Inclusive workforce in a company
According to this consisting of an inclusive workforce within an organization is that
people belonging to various backgrounds, religion, cast, age, talent and skill has to work together
in an environment formed by a company. As an important part an inclusive form of working
environment has to be formed within an organization that is going to help an organization by
creating an equal opportunities to work in an organization. This is going to help in feeling of
values in an organization. Also engaging an employee within an company helps in motivating of
employees for increasing its capacity of working in an company and is responsible for increasing
of capacity to work. An innovation is also helping in making an environment of inclusive nature.
Thsi is going to lead towards balancing of turnover of employees that is going to lead more
involved in companies work (O’Rourke, T., 2017). Their work performance also gets enhanced
and they can help in achieving company goals in an efficient manner
Strategies for building an inclusive and diverse workforce
According to the view of various manners in which an organization is going to be helpful
in formation of an inclusive workforce in an organization which going to form benefit within an
Managing a Successful Business Project_5

company that is going to make achieving of goals and objectives in much efficient manner.
Training and development of programs is going to help an employee for understanding of its
work and completing it together. This is going to help in having acceptance among workers
towards each other. Engagement of worker is able to uplift an organization by involving
participative leadership. So, employees are also able to include a decision making that is going to
help in increasing the value of ideas. Provides an increase in confidence and commitment
towards an company. This is going to give appraisal that is to be used for judging an employee
and to enhance its capacity for improving of its performance which enhances there capacity and
improvement in performance of workers (Viesi. and et. al., 2017).
Advantages of having inclusive and diverse workforce
As per an in time of economic globalization companies are trying its best to put an effort
that is going to leads towards creation of an diverse workforce that is going to have people which
contains variety of thoughts, skills and talent is to be hired in a company. Also it helps in
increasing of an productivity and boosting of performances and workers and they have to focus
upon its workers. This is going to bring a stronger image of brand in an company market because
of which a large base of customer is to be formed and talented workforce in a company.
.
P2 Project management plan
This means that an formal and a well documented that has approved which is going help
in executing, monitoring and controlling of project. That is going to help in determination all the
rules and regulation through which a problem is going to be solved (Henschel. and Durst, 2016).
It is helping in determining of the following important components of an project for gaining of
desired results:
Cost: It is very crucial factor and is related towards applying of technology related to
mobile in business or else the process is not possible. Therefore it is one of the most
important thing for an company to use financial resources in wise manner which can only
be possible from the support of investors or the fund kept reserved. For this purpose only
budget is required to be made. .For completing of this project research is required with
total fund of £68000 and all activities within the project can be effectively completed.
Also goal can be achieved.
Managing a Successful Business Project_6

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