Managing Successful Business

Managing Successful
Business

Table of Contents
INTRODUCTION...........................................................................................................................2
TASK 1............................................................................................................................................2
P1 Devise aims and objectives for project..................................................................................2
P2 Creation of project management plan....................................................................................3
P3 Breakdown structure and Gantt chart to provide stages and time frames..............................6
TASK 2............................................................................................................................................8
P4 Carry out research with help of quantitative and qualitative methods of research...............8
TASK 3..........................................................................................................................................10
P5 Analysis of data using various values..................................................................................10
P6 Recommendations and conclusion for the investigation outcome.......................................18
TASK 4..........................................................................................................................................19
P7 Reflection of the research....................................................................................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21
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INTRODUCTION
Digitization has become an important part of present business world as through same
work becomes more easy and effective. It is process through which data is transferred into digital
form which can be circulated in any part of the world without taking much efforts. Through this
concept the productivity of firm gets increased and hence development can be done in the long
run (Alreemy and et. al., 2016). Terry's cafe in London deals in food business in which there is
continuous increase in rivalry. It is required that latest technology is used by them so that more
business can be made. The following report will talk about how the latest application can be
beneficial for the organisation and why management should focus on bringing changing in the
present working conditions. Aims and objectives of the topic will be developed which will be
further discussed in detail through conducting a survey. Interpretation of the same will be done in
graphical manner that will further enhance the knowledge of user on the impact of digitalisation
in business.
TASK 1
P1 Devise aims and objectives for project
For a business organisation, digitalisation helps to provide rapid growth easily. Through
this process a firm can get their objectives and goals in appropriate manner. For this,
management of Terry's cafe need to understand their requirement that can be easily fulfilled
through advance technology and features as well. For dealing with these ideas a needs to changes
their plan and procedure that can affected after using advance features in their process.
Digitalisation is provides positive changes in organisation if company adopt this idea with
specific approach and knowledge (Conforto and Amaral, 2016). Various firm's in a economy
grab this process and getting desired outcomes easily. Terry's cafe is a small scale firm who are
going to utilizing digital technology in their business process to expend it structure easily. After
adopting this technology firm faced lots of challenges and various opportunities that helping
them to build positive marketing image easily. As per this report, some aim and objectives of this
organisation are given below -
TOPIC: The
impact of digital technology in supporting small business growth and innovation- a case study is
based on Terry's cafe.
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Background of this Project: This project is based on terry's cafe who wants to adopt digital
technology in their business process to getting higher business advantages easily. Through these
kind of techniques they can improve quality of their services and easily captures eyes of
customers toward their cafe (Kasemsap, 2016). After adopting this transformation they can easily
improve operational and functional activity. These kind of things helping them to attain higher
growth and profitability in short term period and build effective relation with customer for long
time.
Research Aims To analyse impact of advance technology in supporting small business growth and
innovation - a case study is based on Terry's cafe.
Research Objectives: There are various objectives of terry's cafe are determine which are bases
on digital technology such as-
 To analyse impact of digital technology on Terry's cafe.
 To evaluate advantages and disadvantages of digital technology on business activities.
 To earn higher growth and profit by implementing digitalisation in firm. To understand whether digital technology will provide long term growth or not.
Research Question: There are various question's are based on different kind of objectives of
firm such as -
 How Terry's cafe can use digital technology and what will be its impact on firm ?
 What are the draw backs and benefits of modern equipments on business operations ?
 How firm earn higher growth and profit by implementing digitalisation in firm ?
 How digital technology helping to attain long term growth ?
All these factors are very helpful for Terry's cafe to get appropriate growth and desired outcomes
after adopting digital technology in their business organisation.
P2 Creation of project management plan
Project management plan is a management activity which is design to understand its
effectiveness on business procedure (Langer, 2017). All these business projects needs to create in
appropriate manner that provide effective results in corrective and manageable manner. Terry's
cafe going to adopt digital technology in their organisation so for them it is very importation to
understand each and every element in exact manner that impact their planning procedure. Project
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management plan involve different elements as project cost, scope, time, resources, quality and
risk as well. All these factors are determine below to provide exact information as -
Cost – For a business organisation it is very important to understand appropriate cost that
can consider before implementing digitalisation in firm (Laudon and Laudon, 2016). Advance
technology is not an easy project, it is require appropriate amount to utilize in business
procedure. Digital technology helping to provide appropriate ideas and creative thoughts to
getting desired outcomes easily. For using digital technology, organisation needs to provide
appropriate training to their employee to utilize it in effective manner. All these technological
equipments also require proper positioning to get desired results easily. All these terms are
directly based on cost, so for this Terry's cafe needs to understand its importance on business
procedure.
Scope – Project management plan has vast scope in operational activity because it is uses
to build appropriate strategy for organisation. Digital technology has also a appropriate scope in
organisation who needs to get effective growth and accurate productivity through their
employees. All these factors are help to build values for a form to attain their future objectives in
exact manner.
Time – For a appropriate project time factor needs to be sufficient to accomplish it in
effective manner. Digitalisation is not a easy task to implement it in business process, so for this
employees and management staff needs to consider exact time that can be used to implement it in
business procedure.
Quality – This factors is related to employees and learner of project because it is very
important that quality of project in manage in exact manner that provide appropriate context.
This element is determine effectiveness of project that determine exact outcome in clear way.
For terry's cafe it is very important to manage quality of their project before implementation
digitalisation in their process services.
Communication – This is consider as communication skill of employees. All worker of a
for are known as its key element who provide their services to getting future objectives an goals
at exact timing (Lientz and Rea, 2016). Effective communication between employees helps to
build positive working environment for others.
Risk – This factor is identify in each and every procedure of organisation that adopt
newly to getting effective growth. Project management plan is also very risky if it is not manage
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and implement in exact manner. For this terry's cafe need to analyse all risk factor that can affect
their business policy and procedure as well.
Resources – These kind of factors are determine as key element of a firm that needs to
utilize in appropriate manner (Liebowitz and Frank, 2016). For this terry's cafe needs to build
appropriate strategy to use them easily and getting higher business advantages easily.
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