Case Study on Marks and Spencer : Impact od Digital Technologies on Business
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Added on 2020-06-04
Case Study on Marks and Spencer : Impact od Digital Technologies on Business
Added on 2020-06-04
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MANAGING SUCCESSFULBUSINESS
TABLE OF CONTENTSTITLE..............................................................................................................................................1INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1) Aims and objectives of project.............................................................................................1P2) Project management plan......................................................................................................2P3) Time frames and stages for project completion....................................................................4M1) Comprehensive project management plan..........................................................................7TASK 2............................................................................................................................................7P4) Research methods.................................................................................................................7M2) Project logbook.................................................................................................................18D1) Reflection on project management plan............................................................................19TASK 3..........................................................................................................................................19P5) Research tools and techniques............................................................................................19P6) Recommendations on research and data analysis...............................................................20P7) Reflection on own learning and performance.....................................................................21M3) Performance review...........................................................................................................21M4) Evaluate the value of project management process..........................................................22D2) Critical evaluation on project outcomes............................................................................22CONCLUSION..............................................................................................................................22REFERENCE.................................................................................................................................23
INDEX OF TABLESTable 1: Cost estimation..................................................................................................................2Table 2: Time frame for project.......................................................................................................3Table 3: Time scale for project........................................................................................................4Table 4: Time schedule....................................................................................................................6
ILLUSTRATION INDEXIllustration 1: Work Breakdown Structure.......................................................................................5Illustration 2: Gantt Chart................................................................................................................6Illustration 3: Network diagram as project plan..............................................................................7Illustration 4: Current position of M&S........................................................................................11Illustration 5: Digital techniques' impact on business operations of the enterprise.......................12Illustration 6: Necessity of using digital techniques for business operations of M&S..................13Illustration 7: The most responsible department for the project...................................................14Illustration 8: Implementation of digital techniques for M&S......................................................15Illustration 9: Service required to be improved.............................................................................16Illustration 10: Forecasting on project...........................................................................................17Illustration 11: Forecasting on further business activities using digital techniques.....................18
TITLE“To understand the impact of digital technologies on business activities”: A case study onMarks and Spencer.INTRODUCTIONIn recent time, digital technologies play crucial role in development of business entityand managing its operations effectively. It affects quality services and efficiency of enterprise inrespect of further business activities. The present report is based on understanding projectmanagement aspects for digital technology's significance on business operations of Marks andSpencer. It is retail sector organisation of UK provide groceries and food items to a millionpeople of the world. In this regard, aims, objectives, value and several aspects can be describedfor the project management. Moreover, time frames and comprehensive project managementplan will be introduced through this assignment. Similarly, research specification tools for datacollection as managers' views on digital technologies' impact on business activities can beidentified. However, reflection on self learning through this project is to describe for managingall business activities. Therefore, students are able to understand several project managementtools for understanding digital technologies' impact on business activities of Marks and Spencerwith the help of this report.TASK 1P1) Aims and objectives of projectThis project is based on understanding significance of digital technologies in businessactivities of Marks and Spencer. It is benefited for all departments of the organisation includingfinance, marketing, HR, production and operation, risk management and research department etc.However, business operations are done effectively remain useful for increasing demand forgoods and services as well its competitiveness (Adhikari and et.al., 2014). Similarly, project issuitable for decision making and management of its operations adequately. In this regard, aimsand objectives of the project can be understood as:Aim of the project:To understand digital technologies' usefulness for business activities of Marks andSpencer.1
Objective of the studyThe project is based on below mentioned objectives for digital technologies' significanceon business operations as:To understand concept of digital technologies in context to business operations.To identify usefulness of these technologies in effectiveness of Marks and Spencer aswell improving its efficiencies.To determine all tools of project management for digital techniques in managing entirebusiness operations.To recommend suggestions for managing project and understanding significance ofdigital technologies on business activities for Marks and Spencer.P2) Project management planFor managing project, it is essential to consider all tools and implementing strategieseffectively. In this regard, tools are recognised as cost, time, communication, risks and so on forproject and implementing its strategies (Ahlemann and et.al., 2013). However, followingplanning tools are considered for project on digital technologies' impact on business operationsof Marks and Spencer as:Cost: Under this estimation, cost incurred on operations and project's activities areestimated as; expenses on conducting research, labour cost, additional overhead cost etc.Including this, different ideas are generated for allocating fund and managing resourcesand fund as well (Baldi, 2014). However, for each activity of the project, costs aredetermined as:Table 1: Cost estimationPlanCostAnalysing actual position300Goal setting and preparing strategies150Team building and work segmentation200Implementing strategies7002
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