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Managing Successful Business Report

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Added on  2020-06-04

Managing Successful Business Report

   Added on 2020-06-04

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MANAGINGSUCCESSFUL BUSINESS
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives of an organisation.................................................................................1P2 Project management plan.......................................................................................................2P3 Work break down structure and Gantt Chart.........................................................................3TASK 2............................................................................................................................................4P4 Research method used by business to accomplish project aims and objectives....................4TASK 3............................................................................................................................................9P5 Analysis of research and data using tools and techniques.....................................................9P6 Recommendation on the basis of research and data analysis..............................................11TASK 4..........................................................................................................................................12P7 Reflection statement.............................................................................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14APPENDIX....................................................................................................................................15Illustration IndexIllustration 1: Work break down structure.......................................................................................3Illustration 2: Critical path...............................................................................................................3
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INTRODUCTIONManaging successful business operation plays a vital role in growth and development ofan organization. It is important for the small and medium size organisation to manage theirfunctions according to advancement in order to promote growth and development. The reportwill analyze the impact of digital technology on small French restaurant of UK that is Mid housesummer. The report will conduct plan by clearing defining the aims and objectives which helpsthe enterprise in determining project management. Moreover, it will outline research methodsused by the business to accomplish its objectives and aims. Thus, the report will evaluate asurvey conducted to identify the impacts of digital technology on innovation and growth. TASK 1P1 Aims and objectives of an organisationThe impact of digital technology in growth and innovation of Mid house summer thefrench restaurant. The restaurant is still growing and serves french meals at its smart tables in aconservatory to serve consumer satisfaction. The company offers comfortable accommodationand timely staff services. Mid house summer has 45 employees which are serrated inorganisation according to their skills and capabilities. Advancement in technology act as tonicfor the growth and development of enterprise. It assists the firm in analyzing variousdevelopment opportunities for serving consumer satisfaction and generation profitable returns.Implementing the use of technology within the small enterprise creates several challenges for theentity. Further, it will evaluate the influence of digital technology in growth of Mid housesummer. AIM: To identify the use of digital technology in innovation and growth of French restaurant, “Mid house summer”ObjectivesTo determine the idea of digital technologyTo determine the use of digital technology in restaurant business.To evaluate the connection between innovation and growth in context to digitaltechnology.To recommend the methods for improving growth and innovation in Restaurant.Research Question1.Define the idea of digital technology?1
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2.How is the digital advancement beneficial for growth and innovation in frenchrestaurant?3.Describe the relationship between growth and digital technology in restaurant?P2 Project management planTask NameDurationStartFinishPredecessorsPlanning Determining suitable investigation topic1 dayWed 11/1/17Wed 11/1/17 Assessing objectives and aims 1 dayThu 11/2/17Thu 11/2/172 Determine time for collecting data and resorces 1 dayFri 11/3/17Fri 11/3/172,3Implementation Collecting literature 10 daysFri 11/3/17Thu 11/16/172,3 Seeking for investigation methodologies3 daysFri 11/3/17Tue 11/7/173 Calculating cost involved in process 7 daysFri 11/3/17Mon 11/13/173 Collecting all primary information 10 daysFri 11/3/17Thu 11/16/173 Analysing and interpretation of data 8 daysFri 11/17/17Tue 11/28/179 Drafting literature5 daysFri 11/17/17Thu 11/23/176 Evaluation of outcomes and findings 7 daysFri 11/17/17Mon 11/27/176,9Project closure Conclusion and recommendation 3 daysTue 11/28/17Thu 11/30/1712 Drafting & reviewing entire report 4 daysFri 12/1/17Wed 12/6/1714 Suggest the last written report 1 dayThu 12/7/17Thu 12/7/1715Project management planThe project management plan would cover the following aspects:Costs: Costs would be incurred on collecting the data and carrying out the research. Costswould also be incurred on stationery, telephone, travel and photocopying. These will bethe directly incurred costs. 2
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Scope: The project will explore how digital technology is used in the chosen Frenchrestaurant and the ways in which it helps in growth and innovation of the restaurant. Itwill not cover the technology used in other restaurants or the technological trends that canbe adopted by the chosen restaurant. Time: The project would require a period of two months to be completed. Quality: For the present project, quality will be concerned with the quality of datacollected as well as the techniques used for analyzing the data. Communication: Different media will be used for communicating during the project.These will include emails, phone etc. Risk: The research project may be associated with risks such as loss of confidentiality,legal risk etc. Resources: The present project would require resources in the form of finances, time,physical resources etc. 3
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P3 Work break down structure and Gantt Chart4PROJECTInvestigation SurveySuitabilityDesigningAnalysing requirementsSamplingAnalysing and interpretation of data Drafting literatureEvaluation of outcomes findings ConclusionRecommendationSubmission of final project
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5Illustration 1: Gantt ChartIllustration 2: Critical path
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TASK 2P4 Research method used by business to accomplish project aims and objectives.Research is the investigation done by the company to analyze the influence of specifictechnology or fluctuation in order to attain determined objectives and goals. In accordance toconducted research of Mid House Summer and impact of digital technology on it growth rate andinnovation The research design helps the firm in analyzing the data appropriately and in asystemically (Deng, Kang and Low 2013). IT is the unique technique which involves collectionof data from all the possible sides of information. It is used by the management to determine thedependency and connection of work on each unit of the firm. The research design comprises, corelational, descriptive, experimental and semi experimental. In accordance to this the co relationstudy of data includes the overview of the situation by just observing the changes. Further,description involves gathering of data by interviewing employees, in this everyone has its ownpoint of view. Experimental involves the implementation and experiencing the changes in workenvironment and in workers working ability. Thus, the last semi experimental involves the bothsituation which is descriptive and experimental in this the restaurant implements the technologyfor one unit and seeks the advice from all the employees. With the use of all the methods ofresearch design the researcher evaluates influence of digital technology on Mid house summer.The organisation used descriptive design to identify the benefits of implementing the use ofCloud computing on innovation and growth rate.Research approachThis is the systematic way of conducting research and it comprises two ways that isinductive and deductive where inductive involves qualitative study and deductive involvesquantitative study (Meskendahl, 2010). Further, in this research the scholar used deductivemethod of researching which involves qualitative data as it provides easy approach overevaluating information. However, from the approach it has been found out that implementing theuse of digital technology will assist the enterprise in innovation and increasing growth rate.Research StrategyThese are the techniques which are used by scholar to make research process andinformation effective and efficient (Seddon, Calvert and Yang, 2010). It also helps the6
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