This project analyzes the importance of social media and mobile technology for business growth, using Continental Consulting Ltd as a case study. It includes a plan of project management, a work breakdown structure, and a Gantt chart, as well as qualitative and quantitative research methods.
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MANAGING SUCCESSFUL BUSINESS Table of Contents INTRODUCTION...........................................................................................................................1
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TASK 1............................................................................................................................................1 P1 Project objectives and aims....................................................................................................1 P2 Produce a plan of project management..................................................................................2 P3 Produce a work breakdown and Gantt chart to provide time frames.....................................3 TASK 2............................................................................................................................................5 P4 Small scale research through applying qualitative and quantitative approaches of research5 TASK 3............................................................................................................................................9 P5 Analyse data and research by using effective tools and techniques......................................9 P6 Recommendation of data analysis and research..................................................................18 TASK 4..........................................................................................................................................19 P7 Self reflection.......................................................................................................................19 CONCLUSION..............................................................................................................................19 REFERENCES..............................................................................................................................21
INTRODUCTION Small business run their activities and operations by using proper technology within working environment. Digital technology is mainly adopted by every organisation to operate effectively and efficiently within marketplace(Eckerson, 2010).Medium and small sized enterprises are using digital technology in order to establish enterprise activities effectively. In this, it is monitored that advanced technology will assist in making enterprise product as well as operations properly. Continental Consulting Limited is a research and business consultancy company operating inthemarket of United Kingdom through its London headquarters.The major operation of this organisation involves process re-engineering which is being offered to small and medium manufacturing companies.This assignment includes the project aims and objectives. In this, they have also analysed various tools like as Work breakdown, Gantt chart and so on. Along with this a plan of project management is also included.Also given recommendation and self reflection in this report. TASK 1 P1 Project objectives and aims Technology is a collection of several skills and processes that aid in producing products in the company. In today's times, digital technology is making lots of modifications in the procedure of manufacturing goods. Small company’s have taken a initiative to undertake assistance from digital technologies so that they are able to achieve competitive advantage inthe operating market. In present era, technology is rapidly changing within marketplace which impacts on business activities. It is companies demand to make its manufacturing and operations more properly. For making ensure about its sustainability in upcoming market, digital technology will aid small firms to improve its process of communication as well as manufacturing by adopting several applications such as e-mails, texting, personal digital and websites. Through developing technology, company can achieve higher position within marketplace (Jones and Lubinski, 2012). Physical resources such as operators as well as machines are linked with advanced technologies. They are automatically running their functions in an effective manner by saving time. It will aid in grabbing buyers towards their company in order to raise sales of the firms. Organisation can be large or small but after establishing it need skills of technology which aid in meeting competitive benefits within the marketplace. 1
Continental Consulting Ltd is a essential project partner in business. This consultancy firms will give talented and skilled HR in others companies which take an benefit in the term of sales performance, engagement, retention, profitability and so on. This organisation also organise the market research which aid several firms in taking crucial decision properly. They are using advanced technology among the employees (Incelli, 2013). It will aid enterprise in raising its productivity. Hence, its main aims and objectives of research project are as follows: Aims: “To analyse the importance of social media and mobile technology as they help in collaboration and building strong relationship all around the globe. A case study on Continental Consulting Ltd” Objectives: To analyse the importance of social media tools for overall growth and development of economy. To determine various tools which are beneficial for connecting people around the globeTo examine the implication of mobile technology for developing innovative ideas for growth of Continental Consulting Ltd Research questions How social media effect growth of economy? How to determine effective tools for connecting customers with business? What are the implication of mobile technology for developing innovative ideas for growth of Continental Consulting Ltd? P2 Produce a plan of project management Approved and formal documentation is managed by team managers of an company. In this, plan of project management defines a firms how project is monitored, executed and controlled. Mainly, these planned documents are used to define the approaches of project team. Hence, plan of project management set tactics as well as tools which are adopted in order to complete enterprise activities and better results(Jones and Lubinski, 2012). When certain changes are used in the organisation after that sometimes it become a big cause of function failure. There are certain important element to ensure that there must be have less chances of failure which are as follows:Cost:In this, it refers to company's expenditure as it is incurred while executing projects. Continental Consulting Ltd is incurring a variable as well as fixed cost in order to operate 2
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enterprise activities properly. This process include formulation of new policies& practices, education, training and development etc. This process is very much costly for the organisations.Risk:Itisinvolveswhenchangestakeplacewithintechnology.Foradopting technological changes, it requires to accomplish a task which assures that risks in implementation are minimised. It eliminates the existing methods of accomplishing work. If technology change are not applied successful then it will disturb the whole activities of enterprises. For eliminating risk, company have to establish advanced technology which help in workers training as well as learning in an effective manner(Kankaanranta and Planken, 2010).Quality:Each company need to maintain quality of their research project. Hence, manager of quality have to plan all functions through concerning project quality at initial stage. Continental Consulting Ltd have to ensure setting of perfect employees within the company for maintaining quality of project.Scope:Itreferstoentireprocessoffirmsactivitieswhichareundertakingfor accomplishingresearchprojectsuccessfully.Inordertomaintainproductivityof employees within workplace, an firms have to take several steps like to discuss and inform about changes in workers, organising factors, using of advanced technologies etc. Scope of organisation is to expand their business within different areas. Time:Proper management of time is essential for each enterprise to implement in their project planin order tocompleteobjective aswellasaimssuccessfully. Hence, supervisors need to stimulate employees in order to apply these activities within working environment effectively (Smith, Binns and Tushman, 2010). Changes in Continental Consulting Limited culture are required for completing a plan of project management successfully. It gives effective quality of learning as well as training platform which help in maintaining project quality. P3 Produce a work breakdown and Gantt chart to provide time frames A business incorporates several tools as well as techniques like as gantt chart, work breakdown structure etc. in their project plan. It involve various types of complexity(Ahmed Dine Rabeh, Jimenez-Jimenez and Martínez-Costa, 2013). Its further sub-parts can meet its targets and objectives easily within the limited period of time. In this, Work breakdown structure 3
will help in achieving success. Continental Consulting Ltd is using this tactics or tool to manage and monitor that plan of sub functions in an effective way. Work Breakdown Structure In this structure, it involve hierarchy which distribute essential plan activities among the workers for completing of work properly. This work breakdown structure provide a outline through functioning sub-activities as well as find out important functions for completing project within a given period of time(Chesbrough, 2010). This structure is used for estimating as well as controlling its cost in an proper manner. Using it at the level of operational,Continental Consulting Ltd will able to research its work packages. It present the to-do-list which employees need to complete within a limited period of time. This will aid in changing organisation culture as it is shown within the diagram below: (Sources:Work Breakdown structure, 2018) Gantt Chart This tool will help in managing a project properly. It is a graphical presentation which help in tracking specific planning parts as well as also analysed that the project is completed on time or not. It prepare a list of sub-functions of project on vertical as well as horizontal axis which shows the time intervals. Horizontal axis width determine the duration of time included in each activities. Continental Consulting Ltd prepare its chart by adopting Microsoft project e.g. Every work and MSP is shaded in proportions to examine the degree of completing a project work(Crane and Matten, 2016). This tool will help in monitoring time duration taken in order to 4 Illustration1: Work Breakdown structure
complete a entire project, in which part functions are overlapping with each other, type of function included in this schedule and project of each sub-functions including its beginning as well as finishing of time. Gantt Chart is shown with the help of given diagram below: TASK 2 P4 Small scale research through applying qualitative and quantitative approaches of research Continental Consulting Ltd research is organised in order to collect proper data as well as information on given topic(Introducing Research Methods, 2017). Their are two kinds of approaches which are adopted in this project work are quantitative as well as qualitative methods for meeting project aims and objectives for the company.Quantitative method:In this, it is the way of assessing as well as collecting data which is received from several sources. This method of research project involve the use of 5
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mathematical andstatistical tools for achieving outcomes. Its aim is conclusive as this research mainly concentrate on determining issues for meeting best results. This is exploitative within nature and it is based on collecting behavioural as well as verbal data.Qualitative method:In this, it is systematic way of accomplishing research. They observe to gather data which is not in numerical terms(Den Hertog, Van der Aa and De Jong, 2010). This research is long request in order to investigate as it allow firms to analyse the actual meaning of persons behaviour,m actions and communication. Generally, it is used to identify the relationship within two variables. QUESTIONNAIRE Name: Gender: Age: E-Mail Address: Q1 What are the major Social Media tools used by firms? E-Mail Blogs Twitter Q2 What are the major benefits of mobile application? Customer don’t play with the waiting time Application maximise customer engagement Instant Updates Cost reduction and productivity improvement Q3 Does social media and mobile technologies effect on buying decision making of consumers? Agree Disagree Q4 Does mobile technologies helps in connecting people all around the globe? Yes No Q5 Does social media tools discovers new and innovative techniques which are beneficial for business? Agree 6
Disagree Q6 What are the major reasons of unfollowing a brand on social media website by people? Use of jargons which does not fit to brand Too many promotional message Irrelevant information Q7What are several measures used byContinental Consulting Ltdfor gaining attention of customers? Introduce new products Execute innovative and new technology Execute promotional techniques and tools 7
Q1 What are the major Social Media tools used by firms?Frequency E-Mail25 Blogs15 Twitter10 Q2 What are the major benefits of mobile application?Frequency Customer don’t play with the waiting time7 Application maximise customer engagement10 Instant Updates13 Cost reduction and productivity improvement20 Q3 Does social media and mobile technologies effect on buying decision making of consumers? Frequency Agree30 Disagree20 Q4 Does mobile technologies helps in connecting people all around the globe? Frequency Yes30 No20 Q5Doessocialmediatoolsdiscoversnewandinnovative techniques which are beneficial for business? Frequency Agree35 Disagree15 Q6 What are the major reasons of unfollowing a brand on social media website by people? Frequency Use of jargons which does not fit to brand20 Too many promotional message18 8
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Irrelevant information12 Q7 What are several measures used byContinental Consulting Ltdfor gaining attention of customers? Frequency Introduce new products10 Execute innovative and new technology27 Execute promotional techniques and tools13 TASK 3 P5 Analyse data and research by using effective tools and techniques Theme 1 Major Social Media tools used by firms Q1 What are the major Social Media tools used by firms?Frequency E-Mail25 Blogs15 Twitter10 9
Interpretation:As per above graph it shows the major social media tools used by firms. Here, 25 respondents said that e-mail is mainly used by the company. 15 respondents say that blogs are mainly used by organisation and others remaining 10 respondents are agree that twitter media is used by firms. Therefore, maximum response are said e-mail as shown is graph so company is using this media mostly within their workplace. 10 E-MailBlogsTwitter 0 5 10 15 20 25 Column C
Theme 2 Major advantages of mobile application Q2 What are the major benefits of mobile application?Frequency Customer don’t play with the waiting time7 Application maximise customer engagement10 Instant Updates13 Cost reduction and productivity improvement20 Interpretation:As per above pie chart it shows the major benefits of mobile applications. In this, 29 respondents say that mobile application give advantage in cost reduction and improve productivity. 13 respondents say that instant updates is an advantages of mobile apps. 10 respondents say that it is beneficial for customer engagement and remaining 7 respondents are saying that it gave benefit that buyers so not play with time. Therefore, mobile application is useful in cost reduction and improve productivity in companies operations. 11 7 10 13 20 Customer don’t play with the waiting time Application maximise customer engagement Instant Updates Cost reduction and productivity improvement
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Theme3Socialmediaandmobiletechnologieseffectonbuyingdecisionmakingof consumers Q3 Does social media and mobile technologies effect on buying decision making of consumers? Frequency Agree30 Disagree20 Interpretation:As per above graph it shows thatsocial media and mobile technologies effect on decision making of consumers in order to give products & services. In this 30 respondents are agree that advanced technology will impact on buying decision making and remaining 20 respondents are said that social media and mobile technology will not effect consumer decision making. Therefore, maximum said that it affect on decision making by using mobile technology and social media. 12 AgreeDisagree 0 5 10 15 20 25 30 30 20 Column D
Theme 4 Mobile technologies helps in connecting people with the brand Q4 Does mobile technologies helps in connecting people all around the globe? Frequency Yes30 No20 Interpretation:As per above pie chart it shows that themobile technologies helps in connecting people all around the globe. 30 respondents are agree that mobile apps aid in linking peoples all over the world and remaining 20 respondents said that mobile technology will not aid in connecting peoples from the world. Therefore, it is analysed that mobile application is useful for linking peoples within the globe. 13 30 20 Yes No
Theme 5 Social media tools discovers new and innovative techniques Q5Doessocialmediatoolsdiscoversnewandinnovative techniques which are beneficial for business? Frequency Agree35 Disagree15 Interpretation:As per above graph it is shown thatsocial media tools discovers new and innovative techniques which are beneficial for business. 35 respondents are saying yes that social media is discovering innovative and new tools which gave advantages to business and remaining 15 respondents say that no social media is not gave benefits to business. Therefore, maximum are agree that social media is beneficial for business. 14 AgreeDisagree 0 5 10 15 20 25 30 35 35 15Column J
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Theme 6 Major reasons of unfollowing a brand on social media website by people Q6 What are the major reasons of unfollowing a brand on social media website by people? Frequency Use of jargons which does not fit to brand20 Too many promotional message18 Irrelevant information12 Interpretation:As per above pie chart it shows thatthe major reasons of unfollowing a brand on social media website by people. 20 respondents are said reason is to use jargons which does not fit to brand. 18 respondents are saying that due to lots of promotional messages and remaining 12 respondents said that irrelevant informationis main reason to unfollow brand on social sites. Therefore, it shows that use of jargons which doesn't fit to brand is main reason to unfollow brand on social media. 15 20 18 12 Use of jargons which does not fit to brand Too many promotional message Irrelevant information
Theme 7Several measures used by Continental Consulting Ltd for gaining attention of customers Q7 What are several measures used byContinental Consulting Ltdfor gaining attention of customers? Frequency Introduce new products10 Execute innovative and new technology27 Execute promotional techniques and tools13 Interpretation:As per above pie chart it shows that theseveral measures used by Continental Consulting Ltd for gaining attention of customers. In this, 27 respondents said that execute new and innovative technology is used by company for grabbing attention of buyers, 13 respondents are saying that execute promotional will be used by organisation in order to grab attention of customers and remaining 10 respondents said that they are introducing new goods for attaining 16 10 27 13 Introduce new products Execute innovative and new technology Execute promotional techniques and tools
customers attention. Therefore, company is bring new and innovative techniques for attracting buyers. 17
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P6 Recommendation of data analysis and research According to above report, it is prescribed to Continental Consulting Ltd to make a use of social media for obtaining higher level of competitive edge. On other side, social networking sites are very useful for managing consultancy firms by which organisation can provide their effective services easily within small businesses as per their prerequisites as well as necessities. Besides this, it is required for them to continue accomplishing research within distinctive points which are find out by authors and scholars linked to social media. It is important for supervisors to apply programmes of training & development in order to enhance employees knowledge within digitalization. This assist persons to know several concepts of digital technology hence to implementthemwithinworkpracticesaswellasenhancecredibilityofthefunctions. Organisation is needed to keep on updating changes of external environment within workplace. along with thisalso use same in workplace hence in order to perform effective within marketplace. Formulation of proper digitalization technique will be benefit for company as it will increase quality of as well as provide consistency within working environment. By the help of this, Continental Consulting Ltd can enhance their growth by using digital technology will help in reaching heights as well as can able to meet goals. Besides this, social media is a way by which firm can attract large numbers of customers towardsthe company which help in increasing sales. Goals are set by the company in order to achieve them more efficiently and effectively. Along with this, supervisors have to concentrate on retaining as well as attaining interest of its targetted buyers and for this Continental Consulting Ltd can adopt several apps like as social networking sites, i.e. YouTube, Facebook and Twitter. These social sites will support and it is necessary for researcher to make a use of proper employees. So, that firms can adopt social media in an effective way as well as make awareness of their products to large numbers of customers. There are several firms which provide several offers on social networking site as well as provides attractive discounts to winners which assist capturing buyers and seize their interest for long run. Therefore, it is also recommended to Continental Consulting Ltd to analyse all the external and internal factors which gave impact on market position along with this also foster reputation of the company. Finding out of all these factors will help in making imperative enterprise decisions. So, that firms can achieve its targets as well as remain superior within competitive marketplace. 18
TASK 4 P7 Self reflection Making a plan of project management is very much critical work for administration as it need some of key considerations which should be included in it. At the time of accomplishing this, I mainly prefer to accomplish investigation as it provides several advantages to my research project. In this study, I had learn about various applications of digital techniques as well as tools which play a very main role within success and growth of each enterprise. It help me in enhancing my knowledge within the areas of using social media which I never heard about it before. The whole researcher builds my level of confidence as know I am having better command on leadership, communication and in management. Quantitative and qualitative methods are used while accomplishing this research project and I prefer qualitative data is most suitable to complete my project. In this project, I am not having research activities experience. Therefore, issues are generated within managing work as well as assigning task. Thus, my teacher is very much supportive as as they give me guidance on every stage. Lack of finance as well as time was other main problem which gave affect on my working activities. If I will get the effective time duration then I can able to collect data and information moreeffectively. Because of my poor skills of communication,I was not able to communicate with persons properly. Therefore, I require to emphasis on enhancing my skills of communication which aid in upcoming times to make a another project effectively. Thus, in an summarise way the whole project aid me in improving my knowledge on social media, digitalization and various tools which are adopted for enhancing performance of enterprise associates. CONCLUSION As per above report it has been concluded that social media will help in improving profitability, effectiveness and productivity as well. Firms keep on using modifying technology which take place in marketplace while completing enterprise activities. Both kinds of companies either large or small they are reaching within new market of economy as well as outsource the enterprise activities in national and internal environment. In this small business, technology will aid in making their work of office properly by adopting several applications such as accounting, payroll, record keeping and so on in order to effective maintenance of business information. 19
Through introducing various technology apps in their workplace. It will help in improving employees productivity. It is also completed small research by using several approaches like as qualitative and quantitative methods of achieving aims and objectives. In this also understand two advanced tools are Work breakdown structure and Gantt chart. 20