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Managing Successful Business - Thomson Directory

   

Added on  2020-09-17

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MANAGING SUCCESSFULBUSINESS
Managing Successful Business - Thomson Directory_1

ContentsINTRODUCTION...........................................................................................................................................3TASK 1..........................................................................................................................................................3P1 Project aims and objectives................................................................................................................3P2 Project management plan which covers cost, scope, time, quality, communication, risk and resources.................................................................................................................................................4P3 Breakdown of structures and Gantt chart in order to know the provided time frame and stages of completion...............................................................................................................................................5TASK 2..........................................................................................................................................................7P4 Carrying out the task with the use of Qualitative and quantitative research methods for attaining project aims and objectives.....................................................................................................................7TASK 3..........................................................................................................................................................9P5 Evaluation of research and data with appropriate tools and techniques...........................................9P6 Appropriate recommendations in context with research in order to draw valid conclusion............13TASK 4........................................................................................................................................................13P7 Reflection on the value of undertaking research to meet objectives...............................................13CONCLUSION.............................................................................................................................................14REFERENCES..............................................................................................................................................14
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INTRODUCTIONWith the change in course of time technology has advanced gradually and it has made lifeeasier for humans. Most of the companies are using latest technologies for upgrading system aswell as for enhancing the sales and productivity (Ali and Shukran, 2016). As compared to earliertime the tools and machineries which companies were using were simple but now it has becomemore complex and employees find it difficult to understand. Thomson Directory is a localcompany that provides information related and printed directories to a large number of people. Inthis report different kind of research method is mentioned by which an appropriate resulted canbe formulated. Other than this various kinds of plans is included which a company can utilize inorder to make proper strategies so as to achieve the set targets and goals. Along with this,different tools and technologies that are used for conducting the research are mentioned in thisreport. TASK 1P1 Project aims and objectivesDevelopment of new technologies is giving them a chance of delivering the best suitableproducts and goods to its customers. Most of the companies are moving towards the concept ofmodern marketing rather than traditional. New technologies are giving fresh job opportunitiesand it is making easier for employees to communicate with their subordinates so as to effectiveresults (Alotaibi and Liu, 2014). This is building a mutual understanding between workers and asa result a growth in forward direction can be seen in the organisation. For most of the firmintroducing new technologies are not possible as it requires a large number of money whichmany organisation cannot afford. Therefore, Thomson Directory is maintaining a good relationwith their stakeholders and in return they are investing a lot of funds in their firm so as to earnmaxim number of profits. Other than this, technology can provide us with many benefits as it can
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be used for having effective communication with various departments so as to convey themessage in a proper manner.Topic: The effect of digitalisation in operating their buissness in an organisation.Background of Project: Technology is making a company in giving best quality services and itis enabling them in giving superior facilities so that organization can deliver maximum numberof commodities to customers. It is not possible to carry the heavy directory book all the time inorder to get information so, Thomson directory is making an application in which clients canaccess to the detail in just one click. This is more time and cost saving. For example: ascompared to earlier times maintain a book full of information was not an easy task but noworganization can easily store as many information as they like without any problems (Crane, A.and Matten, D., 2016). Thus, with the change in procedure now Thomson Directory is usingcloud technology in order to save and transfer their data from one branch to another is helpingthem in consuming a lot of time and cost as well. Therefore, other than this Thomson is usingvarious other methods like social media, newspapers, magazines and many more. For achievingsuperior position managers and superiors are working collaborately in order to make properstrategies which organization can follow so as to attain best position in market area. Aim: Implementing fresh technologies so as to change and make alteration in business activities. Objectives: To evaluate the usefulness of optimizing digital technology in an organization. To evaluate the better use of technologies on business activities. To find out business transformation and its requirements. Research Questions:How evaluate the usefulness of optimizing digital technology in an organization. Ways to evaluate the better use of technologies on business activities. How find out business transformation and its requirements. P2 Project management plan which covers cost, scope, time, quality, communication, risk andresourcesTo run the business in an effective manner it is necessary that company makes plan ofaction accordingly so that they can utilize them in achieving the goals and objectives in a propermanner (Drucker, 2017). Hence, it is the duty of project manager to look out for all the factorsbefore making any strategies so that it does not affect them in long term. Other than this, theymust train and guide their employees an effective way through which the set targets and goals
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