Digital Technology Activities Performance Review
VerifiedAdded on 2020/09/03
|25
|5464
|32
AI Summary
This assignment involves a comprehensive review of digital technology activities, including an evaluation of the project's success in achieving its aims. The learner is required to assess their own performance as a management consultant leading the project, identifying strengths and weaknesses, and outlining areas for improvement. The assignment also includes a section on supervisor comments, where the supervisor provides feedback and suggestions for addressing any issues or concerns.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
MANAGING SUCCESSFUL
BUSINESS
BUSINESS
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Aims and objectives of project..........................................................................................1
P2 Project management plan..................................................................................................2
P3 Work breakdown structure and Gantt chart for project ...................................................4
TASK 2............................................................................................................................................6
P4 Small scale research on qualitative and quantitative methods of data collection.............6
TASK 3............................................................................................................................................8
P5 Analysis of collected data and information.......................................................................8
P6 Recommendation.............................................................................................................15
TASK 4 .........................................................................................................................................16
P7 Reflection........................................................................................................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Aims and objectives of project..........................................................................................1
P2 Project management plan..................................................................................................2
P3 Work breakdown structure and Gantt chart for project ...................................................4
TASK 2............................................................................................................................................6
P4 Small scale research on qualitative and quantitative methods of data collection.............6
TASK 3............................................................................................................................................8
P5 Analysis of collected data and information.......................................................................8
P6 Recommendation.............................................................................................................15
TASK 4 .........................................................................................................................................16
P7 Reflection........................................................................................................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
INTRODUCTION
Digitalization is very important in today's competitive world. It assists the management
of an company in taking effective decisions for growth of business. Digital technology is very
important in easy access of several operational activities. Such modern equipments helps in
storing data and information of enterprise properly (Cavusgil, and et. al., 2014). Along with that,
it also assists in communicating effectively with consumers through electronic platforms. In
terms of small business organisation, modern technologies are beneficial in several activities
such as production, performance evaluation etc. This report is about NISA which is an
independent retailer in UK. There are certain benefits that this firm can avail by adopting
digitalization in their business activities. This helps in bringing growth and innovation in firm. It
is required to prepare proper project management plan to accomplish the research in effective
manner. To gather more understanding about this topic, data and information is to be collected
from several appropriate sources. This assignment will also include suggestions for dealing with
several problems that influences development process of this enterprise in negative way.
TASK 1
P1 Aims and objectives of project
In current competitive scenario, role of digital technology has increased. Modern
business environment is not very much friendly with old and redundant techniques that is why, it
is required to adopt digitalisation process to maintain growth and innovation. This assists in
smooth run of business activities. It is an important concept in order to improve quality of
operations that are performed by an small enterprise (Dezdar and Ainin, 2011). To attract more
consumers company has to use unique and effective marketing strategies. This is possible with
modern technologies to promote these goods and services to cover large segment of buyers. All
these benefits improves financial stability of firm which is most important concept for ensuring
long term development and survival of entity. Such technologies also assists in maintaining
proper record of employees by using several software. This innovation is beneficial in evaluating
and monitoring their performance in adequate manner.
Topic- “Impact of digital technology on growth and innovation of business of small
enterprises: A case of NISA.”
Background of project-
1
Digitalization is very important in today's competitive world. It assists the management
of an company in taking effective decisions for growth of business. Digital technology is very
important in easy access of several operational activities. Such modern equipments helps in
storing data and information of enterprise properly (Cavusgil, and et. al., 2014). Along with that,
it also assists in communicating effectively with consumers through electronic platforms. In
terms of small business organisation, modern technologies are beneficial in several activities
such as production, performance evaluation etc. This report is about NISA which is an
independent retailer in UK. There are certain benefits that this firm can avail by adopting
digitalization in their business activities. This helps in bringing growth and innovation in firm. It
is required to prepare proper project management plan to accomplish the research in effective
manner. To gather more understanding about this topic, data and information is to be collected
from several appropriate sources. This assignment will also include suggestions for dealing with
several problems that influences development process of this enterprise in negative way.
TASK 1
P1 Aims and objectives of project
In current competitive scenario, role of digital technology has increased. Modern
business environment is not very much friendly with old and redundant techniques that is why, it
is required to adopt digitalisation process to maintain growth and innovation. This assists in
smooth run of business activities. It is an important concept in order to improve quality of
operations that are performed by an small enterprise (Dezdar and Ainin, 2011). To attract more
consumers company has to use unique and effective marketing strategies. This is possible with
modern technologies to promote these goods and services to cover large segment of buyers. All
these benefits improves financial stability of firm which is most important concept for ensuring
long term development and survival of entity. Such technologies also assists in maintaining
proper record of employees by using several software. This innovation is beneficial in evaluating
and monitoring their performance in adequate manner.
Topic- “Impact of digital technology on growth and innovation of business of small
enterprises: A case of NISA.”
Background of project-
1
It is required for all the companies that they will cooperate with changes that are taking
place in current business environment. Digitalisation assists in adopting these transformations in
order use it in favour of firm's growth. Through these equipments management can effectively
deal with demands of consumers by ensuring adequate delivery of goods and services. This
process is very useful to make production activity efficient and producing good quality products.
It is an beneficial concept that facilitates consumer loyalty by providing them commodities on
adequate time. This leads to positive brand image in market place as buyers will be satisfied with
functions of company.
Aim- To analyse the impact of digital technology on growth and innovation of business of NISA.
Objectives-
To analyse the usage of modern technology in this company.
To determine the affect of this implementation on business operations.
To evaluate the feasibility of digitalization in transforming activities of this firm.
Research questions- After setting these aims and objectives, there are several questions that are
to be identified through this project. These are given below-
How modernisation can be implemented in this firm?
Why there is need to adopt changes in operational activities?
In what manner digital technologies will help in bringing innovation in business?
As the questions has been identified on the basis of the basis of aims and objectives of
this project, it is required to prepare proper management plan to carry out all the activities in
successful manner.
P2 Project management plan
Project management plan is very important for implementing all the activities and process
of this program in effective manner (Eid and El-Gohary, 2013). This ensures successful
completion of aims and objectives that are to be attained through this task. It consists factors like
scope, cost, quality, risk, time etc. involved in whole process. NISA wants to grow its market
share with maximum number of consumers and profitability. Digitalisation has huge scope in
this scenario so, it is required to form proper management plan for this company for successful
completion of this project. These essential components are described below-
Scope- This is most important concept that is to be considered in management plan. It is
related with opportunities available in market that could be grabbed by this firm in order to adopt
2
place in current business environment. Digitalisation assists in adopting these transformations in
order use it in favour of firm's growth. Through these equipments management can effectively
deal with demands of consumers by ensuring adequate delivery of goods and services. This
process is very useful to make production activity efficient and producing good quality products.
It is an beneficial concept that facilitates consumer loyalty by providing them commodities on
adequate time. This leads to positive brand image in market place as buyers will be satisfied with
functions of company.
Aim- To analyse the impact of digital technology on growth and innovation of business of NISA.
Objectives-
To analyse the usage of modern technology in this company.
To determine the affect of this implementation on business operations.
To evaluate the feasibility of digitalization in transforming activities of this firm.
Research questions- After setting these aims and objectives, there are several questions that are
to be identified through this project. These are given below-
How modernisation can be implemented in this firm?
Why there is need to adopt changes in operational activities?
In what manner digital technologies will help in bringing innovation in business?
As the questions has been identified on the basis of the basis of aims and objectives of
this project, it is required to prepare proper management plan to carry out all the activities in
successful manner.
P2 Project management plan
Project management plan is very important for implementing all the activities and process
of this program in effective manner (Eid and El-Gohary, 2013). This ensures successful
completion of aims and objectives that are to be attained through this task. It consists factors like
scope, cost, quality, risk, time etc. involved in whole process. NISA wants to grow its market
share with maximum number of consumers and profitability. Digitalisation has huge scope in
this scenario so, it is required to form proper management plan for this company for successful
completion of this project. These essential components are described below-
Scope- This is most important concept that is to be considered in management plan. It is
related with opportunities available in market that could be grabbed by this firm in order to adopt
2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
digitalization. As NISA is an retail store so it has huge scope in online market. This can provide
its goods and services through internet (Fitzgerald and et.al., 2014.). This helps in covering large
consumer segment in less time that will improve profitability of this enterprise.
Risk- These are related with uncertain factors that could arise during project. These
components affects the process in negative manner, so it is required to identify these risks before
starting project. This management plan includes formulating strategies to deal with such issues in
order to minimize the impact of such risks. This will help in successful completion of task.
Quality- Another important component included in this plan is maintaining quality of
project. It is required to manage the processes and activities in such a manner that it will give
better outcomes. This report is focussed on impact of digitalisation on growth and innovation in
context with NISA. Therefore, it is very important that, all the strategies must be formulated with
creative ideas so that innovative and good quality products could be delivered to buyers. It
would ultimately lead to efficiency and profitability of this firm.
Resources- It includes all the resources associated with this project whether it is
manpower, finance etc. For successful completion of this process, it is required to utilize all these
components in effective and proper manner. There should not be any wastage related with these
resources. Management planning assists in setting all the activities in proper way so that
optimum utilization could be done.
Cost- This includes all the expenses that will be incurred in this project. If this cost will
be in excess, then it would affect profitability of this business concern. This management
planning includes maintaining proper budget for the activities related with project. Along with
that, proper work breakdown structure is to be prepared. This helps in using the financial
resources properly within limits of budget (Hotho and Champion, 2011).
Time- There should be proper time management in order to complete the project on
adequate time. This management planning assists in determining all the activities in advance.
Along with that, it consists making schedules to specify the serial in which different tasks will
takes place. There is proper time given for every work in this plan that assists the employees to
know in what time limit they have to complete given tasks. For example, this project has beeb
allotted 25 days.
Communication- It is very important aspect that is to be covered in project management
plan. This is concerned with interaction with employees and other stakeholders. It is required to
3
its goods and services through internet (Fitzgerald and et.al., 2014.). This helps in covering large
consumer segment in less time that will improve profitability of this enterprise.
Risk- These are related with uncertain factors that could arise during project. These
components affects the process in negative manner, so it is required to identify these risks before
starting project. This management plan includes formulating strategies to deal with such issues in
order to minimize the impact of such risks. This will help in successful completion of task.
Quality- Another important component included in this plan is maintaining quality of
project. It is required to manage the processes and activities in such a manner that it will give
better outcomes. This report is focussed on impact of digitalisation on growth and innovation in
context with NISA. Therefore, it is very important that, all the strategies must be formulated with
creative ideas so that innovative and good quality products could be delivered to buyers. It
would ultimately lead to efficiency and profitability of this firm.
Resources- It includes all the resources associated with this project whether it is
manpower, finance etc. For successful completion of this process, it is required to utilize all these
components in effective and proper manner. There should not be any wastage related with these
resources. Management planning assists in setting all the activities in proper way so that
optimum utilization could be done.
Cost- This includes all the expenses that will be incurred in this project. If this cost will
be in excess, then it would affect profitability of this business concern. This management
planning includes maintaining proper budget for the activities related with project. Along with
that, proper work breakdown structure is to be prepared. This helps in using the financial
resources properly within limits of budget (Hotho and Champion, 2011).
Time- There should be proper time management in order to complete the project on
adequate time. This management planning assists in determining all the activities in advance.
Along with that, it consists making schedules to specify the serial in which different tasks will
takes place. There is proper time given for every work in this plan that assists the employees to
know in what time limit they have to complete given tasks. For example, this project has beeb
allotted 25 days.
Communication- It is very important aspect that is to be covered in project management
plan. This is concerned with interaction with employees and other stakeholders. It is required to
3
communicate properly with them so that they will understand the intensity of this task. This
includes formulating effective strategies to maintain healthy relationship with workers so that
they will effective cooperate in this process of adopting digitalisation. It is an important planning
that assists in motivating them to perform better.
P3 Work breakdown structure and Gantt chart for project
Work breakdown structure- It is an technique of organizing various activities of project
in manageable sections. This consists dividing tasks in different teams according to their
expertise areas. It is related with division of roles and authorities amongst workers so as to
reduce burden of work. This project is focussed towards impact of digitalisation on growth of
NISA so it is very essential to generate best possible outcomes that will help this firm in
transforming its activities. Appropriate method to use this structure could be designing proper
map for this project that will outline several levels of hierarchy. Project team can identify
important functional areas to that it could be divided in small parts. This helps in effective
organisation of all the processes as responsibilities are delegated on the basis of knowledge and
skills. It provides complete framework of all the tasks that will take place in the course of this
project. This is very important in directing employees about their works and desired goals and
objectives.
Work breakdown structure focusses on core activities of project so that these functions
could be divided in proper manner. Administrative level plays an vital role in specifying several
jobs and teams that are required for completing an project. This structure is formed in the design
of a tree that shows different hierarchies. Therefore, it is an beneficial mode of making plans
related with tasks of this process so that these will be accomplished efficiently.
Gantt chart- This refers to chart prepared to show complete series of activities from
beginning to end of this project. It is required to be framed to fulfil the aim of allocating gathered
data and information in adequate manner so that it will assist in effective decision making. This
chart helps in analysing the time required to complete particular task. It is based on various
assumptions of researcher. This helps in analysing those activities that are taking excessive time.
Through this process company can identify such tasks and maintain it in such a manner that will
not take too much time. This could be done by making adequate strategies and policies for
managing time for these identified works.
4
includes formulating effective strategies to maintain healthy relationship with workers so that
they will effective cooperate in this process of adopting digitalisation. It is an important planning
that assists in motivating them to perform better.
P3 Work breakdown structure and Gantt chart for project
Work breakdown structure- It is an technique of organizing various activities of project
in manageable sections. This consists dividing tasks in different teams according to their
expertise areas. It is related with division of roles and authorities amongst workers so as to
reduce burden of work. This project is focussed towards impact of digitalisation on growth of
NISA so it is very essential to generate best possible outcomes that will help this firm in
transforming its activities. Appropriate method to use this structure could be designing proper
map for this project that will outline several levels of hierarchy. Project team can identify
important functional areas to that it could be divided in small parts. This helps in effective
organisation of all the processes as responsibilities are delegated on the basis of knowledge and
skills. It provides complete framework of all the tasks that will take place in the course of this
project. This is very important in directing employees about their works and desired goals and
objectives.
Work breakdown structure focusses on core activities of project so that these functions
could be divided in proper manner. Administrative level plays an vital role in specifying several
jobs and teams that are required for completing an project. This structure is formed in the design
of a tree that shows different hierarchies. Therefore, it is an beneficial mode of making plans
related with tasks of this process so that these will be accomplished efficiently.
Gantt chart- This refers to chart prepared to show complete series of activities from
beginning to end of this project. It is required to be framed to fulfil the aim of allocating gathered
data and information in adequate manner so that it will assist in effective decision making. This
chart helps in analysing the time required to complete particular task. It is based on various
assumptions of researcher. This helps in analysing those activities that are taking excessive time.
Through this process company can identify such tasks and maintain it in such a manner that will
not take too much time. This could be done by making adequate strategies and policies for
managing time for these identified works.
4
Therefore, both these techniques will help in effective completion of project of NISA.
This will provide accurate information to this firm, that will assist in adopting digital
technologies in business operations. Successful implementation of digitalisation will improve
profitability of this enterprise and this will assist in growth and innovation of its business. Along
with that, it will help in generating better returns from investments in digital techniques.
5
This will provide accurate information to this firm, that will assist in adopting digital
technologies in business operations. Successful implementation of digitalisation will improve
profitability of this enterprise and this will assist in growth and innovation of its business. Along
with that, it will help in generating better returns from investments in digital techniques.
5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TASK 2http://www.workbreakdownstructure.com/
P4 Small scale research on qualitative and quantitative methods of data collection
Research is based on various data and information that researcher generates from several
modes. This helps in deeply understanding the facts and figures related with the topic of study. It
is very helpful in taking proper decision to achieve goals and objectives in effective manner. This
report is based on impact of digital technology on development of NISA. Therefore researcher
has to collect information related with important techniques that could improve its business
performance. There are two important tools of collecting data to carry out an study. These are as
follows-
Primary data- It is an important source to gather information for an research. This data
is collected by researcher with their own efforts therefore, it is first hand collection. Such type of
modes helps in getting through the real scenario of the field of research. This provides fresh
information that assists in accurate decision making.
Secondary data- It is known as secondary source of data collection as this includes facts
and figures of previous reports. These are generally concerned with information provided in
books and journals and sometimes from internet. This helps in collecting good quality of data as
it is preferred that authentic sources are to used for gathering information.
Therefore, both the forms of data are helpful in taking correct decisions. Apart from this
there is type of data that is collected from above mentioned sources. These are as follows-
Qualitative- This includes data in the form of symbol, name, literature and number code.
This type of information is collected from modes like survey, interviews, perceptions. Data
generated from these methods is used to make theme for this project. This helps in generating
humanistic opinion about the topic of study.
Quantitative research- This includes numerical data and information. It is related with
statistics, facts and figures about the areas concerned with topic of research. These are prepared
on the basis of assumptions and hypothesis.
Sampling- It is an important part of data collection. This includes selecting a sample size
in order to gather information from people. It consist data in the form of feedbacks, perceptions,
views, and opinions of employees and other stakeholders. This is very useful in identifying their
opinion about adoption of digital technology in business. It is done with the mode of
6
P4 Small scale research on qualitative and quantitative methods of data collection
Research is based on various data and information that researcher generates from several
modes. This helps in deeply understanding the facts and figures related with the topic of study. It
is very helpful in taking proper decision to achieve goals and objectives in effective manner. This
report is based on impact of digital technology on development of NISA. Therefore researcher
has to collect information related with important techniques that could improve its business
performance. There are two important tools of collecting data to carry out an study. These are as
follows-
Primary data- It is an important source to gather information for an research. This data
is collected by researcher with their own efforts therefore, it is first hand collection. Such type of
modes helps in getting through the real scenario of the field of research. This provides fresh
information that assists in accurate decision making.
Secondary data- It is known as secondary source of data collection as this includes facts
and figures of previous reports. These are generally concerned with information provided in
books and journals and sometimes from internet. This helps in collecting good quality of data as
it is preferred that authentic sources are to used for gathering information.
Therefore, both the forms of data are helpful in taking correct decisions. Apart from this
there is type of data that is collected from above mentioned sources. These are as follows-
Qualitative- This includes data in the form of symbol, name, literature and number code.
This type of information is collected from modes like survey, interviews, perceptions. Data
generated from these methods is used to make theme for this project. This helps in generating
humanistic opinion about the topic of study.
Quantitative research- This includes numerical data and information. It is related with
statistics, facts and figures about the areas concerned with topic of research. These are prepared
on the basis of assumptions and hypothesis.
Sampling- It is an important part of data collection. This includes selecting a sample size
in order to gather information from people. It consist data in the form of feedbacks, perceptions,
views, and opinions of employees and other stakeholders. This is very useful in identifying their
opinion about adoption of digital technology in business. It is done with the mode of
6
questionnaire which is bundle of various questions related with research. This is given to the
people of sample size and they answers it according to their mindsets. In this project the sample
size is 30 members. They will be asked several questions so that it could be identified what they
think about digitalisation. Questionnaire for this report is as followings-
Questionnaire
Name-
Age-
Gender-
Q1. Do you think whether modern technologies are required to handle data of firm?
A. Yes
B. No
Q2. What do you think whether NISA can transform its activities using latest technologies?
A. Yes
B. No
Q3. Do you agree that digitalization will help in reducing problems of miscommunication?
A. Yes
B. Yes, but to certain extent
C. No
Q4. What is your opinion about adoption of Cloud technology for effective management of data
of firm?
A. Strongly Agree
B. Agree
C. Disagree
Q5.In what manner this firm can make its marketing more effective through modern
technologies?
A. Mobile advertisements
B. TV advertisements
C. Promotion through social media.
Q6. Do you agree that adoption of digitalisation will assist NISA in attaining growth?
7
people of sample size and they answers it according to their mindsets. In this project the sample
size is 30 members. They will be asked several questions so that it could be identified what they
think about digitalisation. Questionnaire for this report is as followings-
Questionnaire
Name-
Age-
Gender-
Q1. Do you think whether modern technologies are required to handle data of firm?
A. Yes
B. No
Q2. What do you think whether NISA can transform its activities using latest technologies?
A. Yes
B. No
Q3. Do you agree that digitalization will help in reducing problems of miscommunication?
A. Yes
B. Yes, but to certain extent
C. No
Q4. What is your opinion about adoption of Cloud technology for effective management of data
of firm?
A. Strongly Agree
B. Agree
C. Disagree
Q5.In what manner this firm can make its marketing more effective through modern
technologies?
A. Mobile advertisements
B. TV advertisements
C. Promotion through social media.
Q6. Do you agree that adoption of digitalisation will assist NISA in attaining growth?
7
A. Yes
B. Yes , but to specified limit
C. No.
Q7. Do you think that online method of selling will help this company in achieving growth?
A. Yes
B. No
TASK 3
P5 Analysis of collected data and information
It is needed for the companies to analyse the collected data from questionnaire in accurate
manner so that proper decisions can be made.
Theme 1: Modern techniques are required by company for the purpose of maintain relevant
data.
Do you think whether modern technologies are
required to handle data of firm?
Frequency
Yes 20
No 10
8
B. Yes , but to specified limit
C. No.
Q7. Do you think that online method of selling will help this company in achieving growth?
A. Yes
B. No
TASK 3
P5 Analysis of collected data and information
It is needed for the companies to analyse the collected data from questionnaire in accurate
manner so that proper decisions can be made.
Theme 1: Modern techniques are required by company for the purpose of maintain relevant
data.
Do you think whether modern technologies are
required to handle data of firm?
Frequency
Yes 20
No 10
8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Findings- Modern technologies are very important for maintaining data of business in effective
manner. When this question was asked to people in sample size then most of them agreed to this.
20 out of 30 respondents said yes that means that they are in favour of usage of such techniques.
Theme 2 : NISA can transform its activities through modern technologies.
What do you think whether NISA can
transform its activities using latest
technologies?
Frequency
Yes 25
No 5
9
Yes No
0
2
4
6
8
10
12
14
16
18
20
20
10
Column C
manner. When this question was asked to people in sample size then most of them agreed to this.
20 out of 30 respondents said yes that means that they are in favour of usage of such techniques.
Theme 2 : NISA can transform its activities through modern technologies.
What do you think whether NISA can
transform its activities using latest
technologies?
Frequency
Yes 25
No 5
9
Yes No
0
2
4
6
8
10
12
14
16
18
20
20
10
Column C
Findings: NISA can transform its operational activities by adopting modern technologies. To
know opinions of employees questions were asked to 30 members. 25 out of 30 respondents
replied yes which means that they are agreed with this concept. Such technologies can make its
functioning more effective and efficient. This facilitates growth and profitability. 5 respondents
replied no because they are not ready to accept changes in activities.
Theme 3: Digitalisation will reduce issues related with miscommunication.
Do you agree that digitalization will help in
reducing problems of miscommunication?
Frequency
Yes 25
Yes, but to certain extent 5
No 5
10
Yes No
0
5
10
15
20
25
30
25
5
Column B
know opinions of employees questions were asked to 30 members. 25 out of 30 respondents
replied yes which means that they are agreed with this concept. Such technologies can make its
functioning more effective and efficient. This facilitates growth and profitability. 5 respondents
replied no because they are not ready to accept changes in activities.
Theme 3: Digitalisation will reduce issues related with miscommunication.
Do you agree that digitalization will help in
reducing problems of miscommunication?
Frequency
Yes 25
Yes, but to certain extent 5
No 5
10
Yes No
0
5
10
15
20
25
30
25
5
Column B
Findings: Digitalisation is very important in reducing issues related with communication. This
provides several effective modes of communication that helps in interacting with various parties
in effective manner. When it is asked to members of sample size then, 25 out 30 respondents said
yes, 5 out of 30 agreed to this but to limited extent and 5 persons were disagreed with this
concept. Therefore, most of them are agreed with this, so NISA can adopt digital technologies
for effective communication system.
Theme 4: Cloud technology is effective for managing data of firm.
What is your opinion about adoption of Cloud
technology for effective management of data
of firm?
Strongly agree 15
11
Yes Yes, but to certain extent No
0
5
10
15
20
25
30
25
5 5
Column B
provides several effective modes of communication that helps in interacting with various parties
in effective manner. When it is asked to members of sample size then, 25 out 30 respondents said
yes, 5 out of 30 agreed to this but to limited extent and 5 persons were disagreed with this
concept. Therefore, most of them are agreed with this, so NISA can adopt digital technologies
for effective communication system.
Theme 4: Cloud technology is effective for managing data of firm.
What is your opinion about adoption of Cloud
technology for effective management of data
of firm?
Strongly agree 15
11
Yes Yes, but to certain extent No
0
5
10
15
20
25
30
25
5 5
Column B
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Agree 10
Disagree 5
Findings: Cloud technology is very important in managing data of firm in effective manner.
This makes data more secured and safer. 15 out of 30 respondents are strongly agreed with
this , 10 out of 30 are agreed whereas 5 respondents are disagreed with this. So, this firm can
apply cloud technologies to maintain its data and information.
Theme 5: Marketing can made effective through digital technologies.
In what manner this firm can make its Frequency
12
Strongly agree Agree Disagree
0
2
4
6
8
10
12
14
16 15
10
5
Column B
Disagree 5
Findings: Cloud technology is very important in managing data of firm in effective manner.
This makes data more secured and safer. 15 out of 30 respondents are strongly agreed with
this , 10 out of 30 are agreed whereas 5 respondents are disagreed with this. So, this firm can
apply cloud technologies to maintain its data and information.
Theme 5: Marketing can made effective through digital technologies.
In what manner this firm can make its Frequency
12
Strongly agree Agree Disagree
0
2
4
6
8
10
12
14
16 15
10
5
Column B
marketing more effective through modern
technologies?
Mobile advertisement 10
TV advertisement 15
Social media 5
Findings- In this firm marketing can be made more effective by using digital platforms of
promotion. When members were asked about best method for advertising then 10 out of 30
agreed with mobile advertisements, 15 agreed with TV advertisements and 5 agreed for social
media platforms. Therefore, it could be seen that most of the people are not agreed with online
marketing.
Theme 6: Adoption of digital technology will help in growth of firm.
13
Mobile advertisement TV advertisement Social media
0
2
4
6
8
10
12
14
16
10
15
5
Column B
technologies?
Mobile advertisement 10
TV advertisement 15
Social media 5
Findings- In this firm marketing can be made more effective by using digital platforms of
promotion. When members were asked about best method for advertising then 10 out of 30
agreed with mobile advertisements, 15 agreed with TV advertisements and 5 agreed for social
media platforms. Therefore, it could be seen that most of the people are not agreed with online
marketing.
Theme 6: Adoption of digital technology will help in growth of firm.
13
Mobile advertisement TV advertisement Social media
0
2
4
6
8
10
12
14
16
10
15
5
Column B
Do you agree that adoption of digitalisation
will assist NISA in attaining growth?
Yes 15
Yes, but to specified limit 5
No 10
Findings: Adoption of modern techniques in business operations can facilitate growth of this
company. When sample size was asked about this, 15 out of 30 said yes, 5 person said yes, but to
some limit and 10 persons replied no. therefore, it can be seen that most of the members are
agreed with this that such technologies will help in achieving growth.
14
Yes Yes, but to specified limit No
0
2
4
6
8
10
12
14
16 15
5
10
Column B
will assist NISA in attaining growth?
Yes 15
Yes, but to specified limit 5
No 10
Findings: Adoption of modern techniques in business operations can facilitate growth of this
company. When sample size was asked about this, 15 out of 30 said yes, 5 person said yes, but to
some limit and 10 persons replied no. therefore, it can be seen that most of the members are
agreed with this that such technologies will help in achieving growth.
14
Yes Yes, but to specified limit No
0
2
4
6
8
10
12
14
16 15
5
10
Column B
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Theme 7: Online method of selling will assist in growth of NISA.
Do you think that online method of selling will
help this company in achieving growth?
Frequency
Yes 20
No 10
Findings: Using online platforms for sale will help this company in developing its business.
When respondents were asked about this then, 20 out of 30 persons are agreed with this but 10
respondents were disagreed. Most of the members are satisfied as they feel this medium of sale
more comfortable but few are not agreed with this because they might be satisfied with old
methods of selling. But, it could be identified that, such platforms will in favour of company's
business so it can adopt this.
15
Yes No
0
5
10
15
20
25
20
10 Column B
Do you think that online method of selling will
help this company in achieving growth?
Frequency
Yes 20
No 10
Findings: Using online platforms for sale will help this company in developing its business.
When respondents were asked about this then, 20 out of 30 persons are agreed with this but 10
respondents were disagreed. Most of the members are satisfied as they feel this medium of sale
more comfortable but few are not agreed with this because they might be satisfied with old
methods of selling. But, it could be identified that, such platforms will in favour of company's
business so it can adopt this.
15
Yes No
0
5
10
15
20
25
20
10 Column B
P6 Recommendation
NISA is an small business enterprise that is involved in retail of grocery products in UK.
Now this firm wants to achieve growth and innovation for the purpose of enhancing their
profitability. They are adopting process of digitalisation for making their business operations
more effective. There are several recommendations for this firm that will assist in adopting
modern equipments-
It has been identified through this research that, there are several modern technologies
that could help this company in developing its business. It is recommended that, they
will develop attractive and easy accessible website for the purpose of online selling. This
will assist in providing additional services to buyers as they can place their orders from
home. Such software helps in ensuring secure and safer modes of online payment.
It is very important that management will focus more on maintaining data in effective
manner. It has been found through this report that Cloud Technology will help in
operational data of this firm in appropriate way. This is also helpful in sharing data
easily.
Marketing is most important part of an business as it includes promotion of goods and
services. This firm can use digital tools to do advertisement. These method includes
social media advertising, search engine optimization etc. Through these techniques
information could be delivered to large segment of consumers in less time.
Therefore, these are several recommendations related with the topic of project. This will
help this business firm in transforming its activities through use of modern technologies. It is
very important in achieving growth and innovation in NISA.
TASK 4
P7 Reflection
There are numerous problems that I have faced during this project. It is required that
researcher should actively deal with all such issues in effective manner. This assists in preparing
more effective and efficient report with accurate outcomes. During the process of this project
there were several problems related with cost, that is due to lack of some resources. In my
16
NISA is an small business enterprise that is involved in retail of grocery products in UK.
Now this firm wants to achieve growth and innovation for the purpose of enhancing their
profitability. They are adopting process of digitalisation for making their business operations
more effective. There are several recommendations for this firm that will assist in adopting
modern equipments-
It has been identified through this research that, there are several modern technologies
that could help this company in developing its business. It is recommended that, they
will develop attractive and easy accessible website for the purpose of online selling. This
will assist in providing additional services to buyers as they can place their orders from
home. Such software helps in ensuring secure and safer modes of online payment.
It is very important that management will focus more on maintaining data in effective
manner. It has been found through this report that Cloud Technology will help in
operational data of this firm in appropriate way. This is also helpful in sharing data
easily.
Marketing is most important part of an business as it includes promotion of goods and
services. This firm can use digital tools to do advertisement. These method includes
social media advertising, search engine optimization etc. Through these techniques
information could be delivered to large segment of consumers in less time.
Therefore, these are several recommendations related with the topic of project. This will
help this business firm in transforming its activities through use of modern technologies. It is
very important in achieving growth and innovation in NISA.
TASK 4
P7 Reflection
There are numerous problems that I have faced during this project. It is required that
researcher should actively deal with all such issues in effective manner. This assists in preparing
more effective and efficient report with accurate outcomes. During the process of this project
there were several problems related with cost, that is due to lack of some resources. In my
16
opinion, it is required to have adequate budget so that there will be less problems related with
availability of funds. I have faced problems related with data collection as there are various
modes for this but it is very difficult to choose appropriate one. Apart from all these issues I have
managed everything in proper manner. I have used questionnaire to get opinion and feedbacks
from employees about usage of digital technology in operational activities of business. This
helped me a lot in generating fair result.
CONCLUSION
From the above mentioned report it can be concluded that, digitalisation plays an
significant role in fostering growth and survival of an business. It is required to adopt modern
techniques in activities of company in order to make them more effective. Research is an
appropriate tool to analyse the effect of such technologies on small enterprises. This assignment
was focussed on NISA. It has been identified through this study that, there are certain techniques
that this company can adopt for the purpose of digitalisation. Cloud technology and online
marketing will assist this firm in several manner. To accomplish this project in effective manner
management plan has been prepared. This firm can maintain smooth functioning of business that
helps in increasing productivity and profitability in long run.
17
availability of funds. I have faced problems related with data collection as there are various
modes for this but it is very difficult to choose appropriate one. Apart from all these issues I have
managed everything in proper manner. I have used questionnaire to get opinion and feedbacks
from employees about usage of digital technology in operational activities of business. This
helped me a lot in generating fair result.
CONCLUSION
From the above mentioned report it can be concluded that, digitalisation plays an
significant role in fostering growth and survival of an business. It is required to adopt modern
techniques in activities of company in order to make them more effective. Research is an
appropriate tool to analyse the effect of such technologies on small enterprises. This assignment
was focussed on NISA. It has been identified through this study that, there are certain techniques
that this company can adopt for the purpose of digitalisation. Cloud technology and online
marketing will assist this firm in several manner. To accomplish this project in effective manner
management plan has been prepared. This firm can maintain smooth functioning of business that
helps in increasing productivity and profitability in long run.
17
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
18
REFERENCES
Books and Journals
Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developments and future
research. Journal of management. 37(4). pp.1019-1042.
Teece, D.J., 2010. Business models, business strategy and innovation. Long range planning.
43(2). pp.172-194.
Stokes, D., Wilson, N. and Wilson, N., 2010. Small business management and entrepreneurship.
Cengage Learning EMEA.
Porter, M.E. and Kramer, M.R., 2011. The big idea: Creating shared value.
Peppard, J. and Ward, J., 2016. The strategic management of information systems: Building a
digital strategy. John Wiley & Sons.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Hotho, S. and Champion, K., 2011. Small businesses in the new creative industries: innovation
as a people management challenge. Management Decision. 49(1). pp.29-54.
Fitzgerald, M., Kruschwitz, N., Bonnet, D. and Welch, M., 2014. Embracing digital technology:
A new strategic imperative. MIT sloan management review. 55(2). p.1.
Eid, R. and El-Gohary, H., 2013. The impact of E-marketing use on small business enterprises'
marketing success. The Service Industries Journal. 33(1). pp.31-50.
Dezdar, S. and Ainin, S., 2011. The influence of organizational factors on successful ERP
implementation. Management Decision. 49(6). pp.911-926.
Cavusgil, S.T., et. al., 2014. International business. Pearson Australia.
Online
Work Breakdown Structure (WBS).2017. [Online]. Available through
:<http://www.workbreakdownstructure.com/ >.
19
Books and Journals
Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developments and future
research. Journal of management. 37(4). pp.1019-1042.
Teece, D.J., 2010. Business models, business strategy and innovation. Long range planning.
43(2). pp.172-194.
Stokes, D., Wilson, N. and Wilson, N., 2010. Small business management and entrepreneurship.
Cengage Learning EMEA.
Porter, M.E. and Kramer, M.R., 2011. The big idea: Creating shared value.
Peppard, J. and Ward, J., 2016. The strategic management of information systems: Building a
digital strategy. John Wiley & Sons.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Hotho, S. and Champion, K., 2011. Small businesses in the new creative industries: innovation
as a people management challenge. Management Decision. 49(1). pp.29-54.
Fitzgerald, M., Kruschwitz, N., Bonnet, D. and Welch, M., 2014. Embracing digital technology:
A new strategic imperative. MIT sloan management review. 55(2). p.1.
Eid, R. and El-Gohary, H., 2013. The impact of E-marketing use on small business enterprises'
marketing success. The Service Industries Journal. 33(1). pp.31-50.
Dezdar, S. and Ainin, S., 2011. The influence of organizational factors on successful ERP
implementation. Management Decision. 49(6). pp.911-926.
Cavusgil, S.T., et. al., 2014. International business. Pearson Australia.
Online
Work Breakdown Structure (WBS).2017. [Online]. Available through
:<http://www.workbreakdownstructure.com/ >.
19
Project Logbook for the chosen
organisation: NISA retailers
Name of the learner: Name of the Supervisor:
Project Title: Managing Business
Successful
Date:
Update of weekly research/ tasks
achieved (Account for a minimum
of six weeks with dates)
What have you completed?
Did you fulfil Task requirements?
Are you on track and within
deadlines set?
Did you need to make any changes
to your project management
plan?
Comments
The allotted task asked to
analyse the impact on digital
technology activities in
attaining sustainable
objectives.
Yes
Yes, I completed all the task
in a set time schedule and
ensure that all goals are
achieved effectively.
Yes, if there are any sudden
changes in the rules and
policies of government then
certain changes will be made
in complete plan.
Any risks and / or issues identified?
Did you identify risks/issues
with a lack of skills required
for undertaking research
tasks?
Did you identify any
additional risks/issues that
have an impact on the project
management plan?
Yes, at the time of
conducting different surveys
I realised that there are
certain issues with my
communication skills.
Most of the people are still
not aware about the
effectiveness of digital
technology activities and its
impact on their life. They
need to be aware by proper
programs.
Problems encountered
20
organisation: NISA retailers
Name of the learner: Name of the Supervisor:
Project Title: Managing Business
Successful
Date:
Update of weekly research/ tasks
achieved (Account for a minimum
of six weeks with dates)
What have you completed?
Did you fulfil Task requirements?
Are you on track and within
deadlines set?
Did you need to make any changes
to your project management
plan?
Comments
The allotted task asked to
analyse the impact on digital
technology activities in
attaining sustainable
objectives.
Yes
Yes, I completed all the task
in a set time schedule and
ensure that all goals are
achieved effectively.
Yes, if there are any sudden
changes in the rules and
policies of government then
certain changes will be made
in complete plan.
Any risks and / or issues identified?
Did you identify risks/issues
with a lack of skills required
for undertaking research
tasks?
Did you identify any
additional risks/issues that
have an impact on the project
management plan?
Yes, at the time of
conducting different surveys
I realised that there are
certain issues with my
communication skills.
Most of the people are still
not aware about the
effectiveness of digital
technology activities and its
impact on their life. They
need to be aware by proper
programs.
Problems encountered
20
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
What barriers did you face?
How did you overcome them?
There are certain issues
which I faced and they were
related to time and ethical
issues.
I scheduled all the activities
and ensured that all task are
completed in that defined
time period. Also the ethical
issues were addressed by
using valid content with
owner permission.
New Ideas and change of project
direction
More training and
development opportunities
need to be given to
individuals as to upgrade
their skills.
What Have I learnt about myself
this week?
CI. How did I feel when I had to
deal with tasks/problems?
CII. How well have I
performed? What did I
contribute?
CIII. What can I improve on
next week?
I realised that all the issues
and problems are part of
growth.
The senior managers guided
me in effective way which
assisted me in enhancing my
own performance and
increase contribution level.
There are certain analytical
skills which needs to be
upgraded and this is only
possible when I keep on
learning.
Tasks planned for next week
Which tasks are priority? These are the task which had
to be conducted in a set time
21
How did you overcome them?
There are certain issues
which I faced and they were
related to time and ethical
issues.
I scheduled all the activities
and ensured that all task are
completed in that defined
time period. Also the ethical
issues were addressed by
using valid content with
owner permission.
New Ideas and change of project
direction
More training and
development opportunities
need to be given to
individuals as to upgrade
their skills.
What Have I learnt about myself
this week?
CI. How did I feel when I had to
deal with tasks/problems?
CII. How well have I
performed? What did I
contribute?
CIII. What can I improve on
next week?
I realised that all the issues
and problems are part of
growth.
The senior managers guided
me in effective way which
assisted me in enhancing my
own performance and
increase contribution level.
There are certain analytical
skills which needs to be
upgraded and this is only
possible when I keep on
learning.
Tasks planned for next week
Which tasks are priority? These are the task which had
to be conducted in a set time
21
Have you set aside sufficient
time for completion?
duration to achieve
maximum efficiency such as
collection of data.
Yes, there is sufficient time
duration which has been
kept aside by me to complete
all the modification and
rectifications.
Project plan status to date (on,
ahead, behind)
Up to date
Supervisor comments to address
Signature of the Supervisor and
date:
Template for Performance Review
Template to be attached with the
report by the learner:
1. What was the Project supposed to accomplish?
There are certain goals which are associated with on digital
technology activities conducted in NISA retailers, such as
achievement of all sustainable objectives.
2. Did the project succeed in its aims/ how do you know?
Specifically, please outline any evaluation and assessment
undertaken.
Yes, digital technology activities assisted in achieving all the
targets in more effective manner. There are many benefits such as
improvement in image of company, etc.
3. What things do you think worked well and why? Evaluate all
aspects of the project (e.g initial inception, project activities and
project outcomes) from a range of perspectives.
With the aid of project management plan I was able to outline
each and every activity in a effective manner. This allowed me in
22
time for completion?
duration to achieve
maximum efficiency such as
collection of data.
Yes, there is sufficient time
duration which has been
kept aside by me to complete
all the modification and
rectifications.
Project plan status to date (on,
ahead, behind)
Up to date
Supervisor comments to address
Signature of the Supervisor and
date:
Template for Performance Review
Template to be attached with the
report by the learner:
1. What was the Project supposed to accomplish?
There are certain goals which are associated with on digital
technology activities conducted in NISA retailers, such as
achievement of all sustainable objectives.
2. Did the project succeed in its aims/ how do you know?
Specifically, please outline any evaluation and assessment
undertaken.
Yes, digital technology activities assisted in achieving all the
targets in more effective manner. There are many benefits such as
improvement in image of company, etc.
3. What things do you think worked well and why? Evaluate all
aspects of the project (e.g initial inception, project activities and
project outcomes) from a range of perspectives.
With the aid of project management plan I was able to outline
each and every activity in a effective manner. This allowed me in
22
reducing the time taken ensured that task was completed in set
time.
4. What problems emerged during the project and how were they
tackled? Was there timely identification of issues and resolution
during the project process?
The collection of data was very difficult and this was tackled by
various tools that allowed me in gathering all required
information effectively.
5. What did you learn from undertaking the project?
It is a new research topic for me and I learned that digital
technology activities assist organisation in achieving all targets
in a very effective manner.
6. How would you rate your performance as a management
consultant leading the project?
I would rate myself 7 out of 10 as I feel that I have displayed
good skills in conducting this research.
7. What strengths and weakness of your performance did you
identify?
There are certain strengths such as my communication skills
allowed me in interacting with other individuals in more
effective manner. While there were certain weakness such as my
analytical skills hindered my work.
8. How will this inform and support your continuous professional
development?
There is a requirement of establishing communication channel
which will allow me in informing all personnel.
23
time.
4. What problems emerged during the project and how were they
tackled? Was there timely identification of issues and resolution
during the project process?
The collection of data was very difficult and this was tackled by
various tools that allowed me in gathering all required
information effectively.
5. What did you learn from undertaking the project?
It is a new research topic for me and I learned that digital
technology activities assist organisation in achieving all targets
in a very effective manner.
6. How would you rate your performance as a management
consultant leading the project?
I would rate myself 7 out of 10 as I feel that I have displayed
good skills in conducting this research.
7. What strengths and weakness of your performance did you
identify?
There are certain strengths such as my communication skills
allowed me in interacting with other individuals in more
effective manner. While there were certain weakness such as my
analytical skills hindered my work.
8. How will this inform and support your continuous professional
development?
There is a requirement of establishing communication channel
which will allow me in informing all personnel.
23
1 out of 25
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
© 2024 | Zucol Services PVT LTD | All rights reserved.