This presentation discusses the implementation of different techniques in business projects and the impact of digitalization on organizations. It provides recommendations for drawing meaningful conclusions.
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Managing Successfull Business Project
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Table of content Introduction Researchanddatausingappropriatetoolsand techniques Appropriate recommendations to draw meaningful and valid conclusions Conclusion References
INTRODUCTION Implementation of differenttechniques at large number helpto perform different functions which are concerned with business firms. These functions provide profit to organisations and aids in the development of firm. Main characteristics of innovative technology create lots of opportunities to collect l number of of data for the long period of time. M&S is the leading producer of different types of luxurious products and clothes. Organisation offers different types of offers during festive season in order to attract a large numberofcustomersinthemarketplace.useofofvariousdigital technologies to promote its various products in effective manner.
Data Analysis Collection of authentic data which are concerned with subject of researchisnotsufficient.Itisalsoveryimportanttodraw conclusion which aids to take decision. Organisation has to interpret the data for taking right decision which are concerned with the growth of business functions.
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Theme 1: Digitalization helps to attain benefits of organisation. Q1. Does digitalisation help to attain any kind of benefit or advantage to organisation? Frequency Yes80.00% No20.00% YesNo 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.980.00% 20.00% Column B
Theme 2: Digitalisation has positive impact on performance of Mark and Spencer for long time period. Q2. Does digitalisation has positive impact onperformance of Mark and Spencer for long time period? Frequency Strongly Agree85.00% Strongly Disagree15.00% Strongly AgreeStrongly Disagree 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.985.00% 15.00% Column B
Theme 3: The new technology affect the different business operation of Mark and Spencer. Q3. How new technology affect the differentbusiness operation of Mark and Spencer ? Frequenc y Increasing sales75.00% Developing profitability25.00% Increasing salesDeveloping profitability 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.875.00% 25.00% Column B
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Theme 4: The present business condition, it is important for M&S to implement digitalisation technique. Q4. As per the present business condition in which area M&S needs to be adopted technologies? Frequency Communication Department90.00% Production Department10.00% Communication DepartmentProduction Department 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 190.00% 10.00% Column B
Theme 5: The execution of digital techniques is essential for M&S to modify business operations. Q5. Does execution of digital techniques is essential for M&S to modify business operations? Frequency Satisfied85.00% Not Satisfied15.00% SatisfiedNot Satisfied 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.985.00% 15.00% Column B
Theme 6: The management has appropriate amount of funds and time for implementation of digital techniques in effective manner. Q6. Which elements are essential implementing digital technologies at work place ? Frequency Time75.00% Fund25.00% TimeFund 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.875.00% 25.00% Column B
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Theme 7: Digitalisation will affect various operations of business in different manner. Q7.In which mannerdigitalisation will affectvarious operations of business? Frequenc y Positive way80.00% Negative way20.00% Positive wayNegative way 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.980.00% 20.00% Column B
Theme 8: M&S to bound all important functions in order to reduce red tap-ism. Q8. Is it necessary for M&S to bound all important functions in order to reduce red tap ism? Frequency Yes85.00% No15.00% YesNo 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.985.00% 15.00% Column B
Theme 9: The marketing approach should Mark and Spencer used to performing the different promotional operation. Q9WhichmarketingapproachshouldMarkandSpencerusedto performing the different promotional operation? Frequenc y Modern approach of marketing70.00% Traditional approach of marketing30.00% Modern approach of marketing Traditional approach of marketing 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.870.00% 30.00%Column B
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Appropriate recommendations to draw meaningful and valid conclusions The Mark and Spencer is a famous brand in providing luxurious products and services.Soorganisationdonotneedtoimplementlargenumberof modification in present condition of business functions in order to attain goals andobjectivesoforganisations.Implementationofnewandinnovative technology help to perform different business operation oforganisation, it is essential to utilize all resource and techniques which is used by organisation. For proper functioning of different business operationsit is essential to utilise the different resources in effective manner. In presentcondition of the business functions of M&S is very efficient and organisation do not needs to make modifications at mass level.
Conclusion As per the mentioned report it can be assumed that organisation carry out different research in order to attain goals and objectives of organisation.Organisationusedigitaltechnologyinorderto enhance the effectiveness in activities of research. Organisation determine various views of customer in order to fulfil the desire of customer.Organisationimplementnewtechnologyinorderto maximise the profitability of organisation.
REFERENCES Bucero, A. and Englund, R. L., 2015, October. Project sponsorship: Achieving management commitment for project success. Project Management Institute. Davies, M. B. and Hughes, N., 2014.Doing a successful research project: Using qualitative or quantitative methods. Palgrave Macmillan. Epstein, M. J. and Buhovac, A. R., 2014.Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers.
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