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Managing a Successful Business Project Assignment - John Lewis

   

Added on  2020-10-22

30 Pages5838 Words147 Views
Managing A SuccessfulBusiness Project

Table of ContentsINTRODUCTION...........................................................................................................................3Background of the Research.......................................................................................................4Aims and Objectives of project...................................................................................................4Research Plan..............................................................................................................................5Work Breakdown Structure and Gantt chart for the Project.......................................................7Research Methodology and Data Collection ..............................................................................8Secondary research ...................................................................................................................11Analysis and interpretation.......................................................................................................12Recommendation on findings...................................................................................................17Reflective Undertaking.............................................................................................................18CONCLUSION..............................................................................................................................19REFERENCES..............................................................................................................................20APPENDIX....................................................................................................................................21

INTRODUCTIONGlobalisation is the process of transferring of products, services, technology, capital,human resources from one nation to another so as to develop the economic condition. In order tomanage business successful globalisation is the best aspect which every organisation must takeinto consideration to achieve competitive advantage at global level. The company which is beingtaken into consideration is John Lewis which is one of the UK based company specialised inproduct like clothing, watches, gift-wares, furniture’s etc. Additionally, it was founded in 1864by John Spedan Lewis (Wells, 2014). This assignment explains about the aims, objectives ofproject as well as work break down structure and Gantt chart is also being done in this file.Moreover, data analysis has also being done using questionnaire method as well asrecommendation is also being given at the end of this file.Positive impact of Globalisation to the businesses in the UK.1.Economic Impact: Overall development of John Lewis company is termed to be one ofthe positive impacts of globalisation. As globalisation is the process of transferringcapital, technology, products, services etc. from developed nation to underdevelopednation. Thus, it can be said that globalisation plays an essential role in the overalleconomic development to the business in UK. 2.Cultural impact: If the John Lewis company render product and services to differentnation taking into consideration their cultural aspect then it will help company to createpositive cultural impact of globalisation to the business in UK (Ward, 2016). So, it is verymuch essential for the company to make a research analysis about the changes takingplace in the culture of the nation in which the company is globalising its business. Thus,it will help in achieving increase in productivity and sales revenue as well. 3.Ethical Impact: If the John Lewis company will carry out its different operationalactivities in an ethical manner as per the rules and laws framed by government then it willhelp company in creating positive ethical impact of globalisation to the business in UK.So it is very much essential for the firm to carry out it business in an ethical manner byconveying the ethical norms to workforce so that they can also follow the rules whileperforming there activities. Thus, it will helps in managing business successfully at aglobal level.3

Background of the ResearchJohn Lewis company is the chain of high-end department stores which operate itsbusiness throughout the United Kingdom. Additionally, it is engaged in different types ofproducts and services like clothing, watches, gift-wares, furniture etc. It is also engaged inrendering better quality services and products at a global level taking into considerationcustomers’ needs and preferences because of which it is termed to be one of the successfulorganisations at global level. Moreover, this research is being conducted by this company on atheme that is to analyse the positive economic, cultural, and ethical impacts of globalisation ondifferent business functions within an organisation (Wahab, Faruq and Bank, 2012). Thus, thecompany is planning to globalise its business so in order to operate its business at internationallevel company will require support from different functional department which are mentionedbelow:Operations: It is the department which is concerned with converting the raw materialsinto finished products and services as efficiently as possible so as to result inaccomplishing maximum profit of an organisation. Without the help of this departmentcompany cannot achieve a successful growth at global level. Marketing: It is the department in John Lewis company which helps in marketing theproduct and services of the company to its final customers. Without the help of thisdepartment company cannot increase its sales revenue. As its the marketing manager whopossess knowledge about how the customer can be get influenced towards there services. HR: It is the department of John Lewis which perform the major duty is to recruit andshortlist the best candidate. So successful achievement at global level lies upon HRdepartment of an organisationAccounting: As its the account department who must maintain and keep all the books ofaccount into a record. So, this department of John Lewis company plays an essential roleas this department will maintain all the record of expenses incurred while operating atglobal level.Aims and Objectives of projectAims “To analyse the positive economic, cultural, and ethical impacts of globalisationon different business functions within an organisation”-A case study on John Lewis.

Objectives - To understand the concept of globalisation.To identify the positive economic, cultural, and ethical impacts of globalisationon different business functions within an organisation.To determine the factor influencing business at global level.To Produce a project management plan To produce a WBS and Gantt Chart To Carry out small-Scale researchAnalyse research and data To provide recommendation at the end of researchResearch PlanProject Title“To analyse the positive economic, cultural, and ethicalimpacts of globalisation on different business functionswithin an organisation”-A case study on John Lewis.Project PlanCompany Name:John Lewis.CostIt is the most important aspect which the John Lewiscompany must take into consideration as without sufficientamount of cost company cannot market its product to atglobal level (Spender,2014). So as per company point ofview the cost required to accomplish the project is 5500000pounds, whereas a researcher aspect near about 500000pounds needs to be incurred while carrying appropriateresearch.ScopeScope of the John Lewis company terms to be wider as itrenders better quality products and services at a global levelas per the preferences of customers (Smith, Gonin andBesharov, 2013). Whereas scope of researcher is also termbe wider because a researcher needs to carry out its5

research by using various tools and techniques which willhelp the researcher to gain more knowledge and skills. TimeIt is an important aspect which the John lewis company andresearcher must take into consideration while making anbest project plan (Schaper, 2016). As in order to accomplishthe task on time company need to schedule task intodifferent section so that each task get completed on timeperiod. So as per company the time required to completethe project is 2 months, whereas as per researcher the timerequired to accomplish the research is 1 month.QualityThis is another important aspect which must be taken intoconsideration as customer mainly prefer quality products,so John Lewis company must produce best quality productso as to increase satisfaction level of customers (Kaiser andet. al., 2015). Researcher must adopt qualitative researchmethod so as to get valuable and accurate data which willbe helpful in driving valid conclusion. Researcher needs toemphasize on quality of research. CommunicationJohn Lewis company uses different modes ofcommunication in order to attract large number ofcustomers like through social media, banners, pamphlets,Facebook etc. (Hilton and Sohal, 2012). Whereas aresearcher uses online surveys, questionnaire etc. so as todraw valid conclusion on research topic.RiskIt is an essential aspect which both the company and theresearcher must take into consideration as risk is uncertain(Gustafson, 2012). So company should make properanalysis of risk which may take place while operatingbusiness at global level. Risk can arise in the form ofshortage of funds, resources, machinery breakdown etc.

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