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Report on Managing Successful Business - 3Com

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Added on  2020-06-05

Report on Managing Successful Business - 3Com

   Added on 2020-06-05

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MANAGING SUCCESSFULBUSINESS PROJECT
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Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1. Project aim and objectives................................................................................................3P 2. Project management plan................................................................................................4P 3. Work break down structure.............................................................................................6TASK 2............................................................................................................................................8P 4 Small scale research by using quantitative and qualitative research methodologies.......8TASK 3..........................................................................................................................................10P 5. Analysation of research and data using appropriate tools and techniques....................10P 6. Recommendation for the project...................................................................................13TASK 4..........................................................................................................................................14P 7. Self reflection................................................................................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
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INTRODUCTIONDigitalisation is playing an eminent role in all companies aDigitalisation is playing aneminent role in all companies as it helps in increasing the productivity in very less time periodwith minimum capital. This is the reason of growth of small and medium sized businesses. Thepresent report is based on 3Com that is offering computer network based goods and services totheir clients (Awais Ahmad Tipu and Manzoor Arain, 2011). It is a small sized venture whichwas developed in the year 1979. They are well known for their electronic goods such as wirelessaccess points, IP voice system, routers and controllers, network interface controller, etc. Thisproject is segmented in different parts where aim and objectives of research is described so that3Com can make changes in their present business and attain predetermined goals. Variousmodern technologies such as cloud computing, digital communication, artificial intelligence, etc.can be utilised in this corporation. TASK 1P1. Project aim and objectivesCompetition has been rising day by day and everyone wants to secure a strong position inthe present market so that they will improve their brand image and earn high amount ofprofitability. 3Com also desires to be at the first position and increase rate of their sales incomparison to challengers (Basu, 2014). In order to make this possible, they have to make somechanges in their current business activities like advertisement, manufacturing, human resourcemanagement, marketing, accounting, etc. Topic:“Impact of digitalisation in business growth and innovation”Background of the study:Present report is being prepared by considering the digital advancement and its impact onsmall business's growth. It has been observed that science and technology was not very muchdeveloped in the past few years. This is the reason that ventures were not able to produce goodquality goods and services. In addition to this, they were also facing various issues in achievingtheir aim and objectives. But as time has been passing, technologies are also changing. 3Comshould introduce modernised techniques in their business operations. They can take the use oftechnologies like Artificial Intelligence and Big Data Analytics in order to design innovationbased products. By doing this, they can attract a large number of customers towards theircompany and earn more income. On the other hand, technology is used to make better and
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effective mode of communication, they can use social media applications in their firm likeFacebook, Twitter, Watt's app, YouTube, Gmail, etc. These apps are very cheap and can beeasily handled. Apart from this, they can also make their human resource department digitalisedand recruit employees easily by taking their online interviews (Geraldi and Lechter, 2012). Thissaves a lot of time and cost of travelling. Thus, it can be said that digital technologies are givinga positive impact on small business and supports it in brining more development. Aim: “The impact of digital technology on growth and innovation of small businesses” – a casestudy on 3Com.Although the think which has to be included in this as to understand the question ofresearch as to know that whether the collection of information and data has been done in rightformat or not which will help in making a effective decision in business. Question which is askedby company with themselves are as follows: It is required to know that whether technology is helping the company in bringinginnovation and creativity.The most thing which is required to know is that whether the technology is being fruitfulfor the 3com or not ? There are certain objectives which is formulated by the researcher that are :To determine the impact of digital technology on the working of 3Com.To identify whether modern techniques helps in increasing the turn over of givencompany.To recognise the assistance of contemporary tools and techniques in improving the levelof quality of deliverables that is being manufactured by 3Com. P 2. Project management planProject management plan simply refers to strategy formulation of designing a projectwhere different activities associated with this are listed out and explained so that workers will getclear understanding about their jobs (Harish, and Kumar, 2014). Some of the activities that aregoing to be executed are discussed as below:Project scope: The scope of this project is very good as this helps in determining theimportance of digital technology in small business and shows how this contributes in
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