Report on Managing a Successful Business - Talon Outdoor

Added on - 04 Jun 2020

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Managing a SuccessfulBusiness Project
Table of ContentsTitle: The Impact of Digital Technology on Business Activity.......................................................1PART 1 PROJECT MANAGEMENT PLAN.................................................................................1P1 Aims and objectives...............................................................................................................1P2 Project management plan with includes different elements..................................................2P3 WBS and Gantt chart with time frame...................................................................................3PART 2............................................................................................................................................5P4 Small scale research...............................................................................................................5PART 3..........................................................................................................................................13P5 Research and data with tools and techniques.......................................................................13P6 Recommendation with data analysis and meaningful conclusion......................................15P7 Reflection.............................................................................................................................15REFERENCES..............................................................................................................................17
Title: The Impact of Digital Technology on Business Activity.PART 1 PROJECT MANAGEMENT PLANP1 Aims and objectivesBackground of researchDigital technology play very important role in respect to meet with goals. In this context,new tools and techniques are implemented that helps to develop work performance of thecompany to create more profits and revenue (Vigdor, Ladd and Martinez, 2014). Differentactivities are also designed with important functions and operations. It is the best way to enhanceinternet platform at workplace and perform different activities. It also determines competitiveadvantages and increasing business efficiency and outcomes in systematic manner.With this regard, present report selected Talon outdoor which is small sector business andthey provide media services. Furthermore, they are implementing advance technology to delivercreative services at workplace (Koc-Michalska, Lilleker and Vedel, 2016). As results, there aredifferent activities of digital technology implemented to make smooth functioning at workplace.Aim and objectivesAim: “ To analysis impact of digital technology on small business performance - A Case Studyon Talon outdoor.”ObjectivesTo identify importance of digital technology in small business.To analysis factors that create high growth of small business in UK.To identify relationship between digital technology and growth of Talon Outdoor.To recommends ways through the selected business can increasing their performance.Research questionsWhat are the importance of digital technology in small business?What are the factors that create high growth of small business in UK?How digital technology and growth of Talon outdoor are related with each other?What are the ways will you recommend in selected business to increase their positiveperformance.1
P2 Project management plan with includes different elementsIn respect to carry project management plan, the present study play different roles in theactivities. It helps to attain desired aims and objectives in systematic manner:Cost: With this regard, aims and objectives will be accomplish with setting cost on it.Around £690 requires in whole project to attain systematic results. Cost of each activitywill be attained with desired aims and objectives (Straker, Wrigley and Rosemann, 2015).In this activity primary and secondary data will be collected in systematic manner. Asresults, functions and operations are played according to cost.Risk: In present study, there is high risk exist because of limited cost and time. Itincreasing difficulties to researcher to gain useful information at workplace. In additionto this, participants are not able to understand properly towards the desired results (Matt,Hess and Benlian, 2015).Scope: In respect to attain desired aims and objectives, growth and profitability will beaccomplish in systematic manner. In this aspect, revenue and profit will be develop totarget market and increase profits as well.Resources:Effective research program also develop in the business that helps to attainaims and objectives in systematic manner (Gibson, Ostashewski and Knight, 2015).Primary and secondary information helps to attain desired results at workplace.Quality: Quality maintenance also implemented that make creative results at workplace.It helps to attain more profits and revenue with primary information. It is the best way toattain fresh and first hand information towards aims and objectives.2
P3 WBS and Gantt chart with time frameIllustration1: Work Break Down structure§In the present work break down structure, there are several activities has been performedunder the project that helps to attain goals and objectives. There are several tasks has beenconsidered to perform functions and operations (Niehaves and Plattfaut, 2014). In addition tothis, Gantt chart includes different activities with time frame to attain desired results.Task NameDurationStartFinishPredecessorsResearch Project02/12/18FinishPlanning02/14/18Mon 2/19/18Finding of the topic2 days02/16/18Statements of problems3 day02/19/18Mon 2/19/181Time frame andallocation of resources1 days02/20/18Wed 2/21/182,3Implementation02/20/18Tue 2/20/184,5Literature review4 days02/24/18Selection of correctresearch methodologies3 day02/27/18Wed 2/28/186,7Data analysis andinterpretation6 days03/05/18Thu 3/1/187,8Evaluation of results andoutcomes3 days03/08/18Mon 3/12/188Project closer03/08/18Mon 3/12/183
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