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Project on Impact of Digital Technology and Innovation in Business

   

Added on  2020-06-06

20 Pages4743 Words38 Views
Managing Successful BusinessProject
Project on Impact of Digital Technology and Innovation in Business_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives..........................................................................................................1P2 Project management plan..................................................................................................3P3 Gantt chary and breakdown structure to provide time frames..........................................4TASK 2............................................................................................................................................5P4 Application of qualitative and quantitative research methods..........................................5TASK 3............................................................................................................................................8P5 Analysing data and research..............................................................................................8P6 Recommendations...........................................................................................................14TASK 4..........................................................................................................................................15P7 Value of undertake research to meet stated objectives...................................................15CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................17
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INTRODUCTIONDigital technology is a helpful measure for a business through which an organisationbecome able to accomplish all goals and targets in an effective manner (Ahmed Dine Rabeh,Jimenez-Jimenez and Martínez-Costa, 2013). By implementing all new software and technologyinto business operations, management become able to produce high quality products and serviceswhich facilitate an option to make each and every user satisfy in nature as well. Thus, digitaltechnology support in rapid growth and bring many new innovation in a association activities.This project aims at impact of digital technology on small business growth and innovation bytaking an example of Sinn whom are manufacturers of wrist watches. This project stated aboutaims and objectives with background of an investigation which enables in better understandingabout study. Along with this, by using Gantt chart it leads to distribute whole time frameproperly and project management plan will lead to describe the cost, time, scope and otheressentials of project. Data analysis will lead to facilitate results and outcomes of an investigationproperly. On the basis of such consents, appropriate recommendations derive which support inimproving many further areas of business which get expand through digital technology. TASK 1P1 Aims and objectivesAs per modern era, it is fundamental for each and every kind of company to utilize digitaltechniques into business as this assist them to manage entire operational activities in an effectivemanner (Chesbrough, 2010). Digital methods are growing in both type of market i.e. traditionalas well as modern. It is not easy to adopt new tools and methods if organisation is usingconventional ways. By utilizing digital technologies, manager of firm will take an adequatedecision regarding business. This will aid an association in their success and advancement. Sinnis a manufacturer of mechanical wristwatches but their manufacturing is not much high;therefore, it is not easy for them to enlarge their business. So that, they will utilize digitalmethodologies into their firm. In this context, enterprise will implement Cloud application; thus,they will easily store their entire data and files and along with this, transfer needed informationto others in a adequate manner.It will assist employer to develop conversation with maximum number of clients throughutilizing many sort of media. As a result, profits and production of enterprise will get enhanced.1
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