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Managing Successful Business Project - PDF

   

Added on  2020-09-17

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Managing Successful BusinessProject

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives of projects........................................................................................1P2 Project management plan..................................................................................................2P3 Explain Work break down structure and Gantt chart........................................................5TASK 2............................................................................................................................................7P4 Carry out Small scale research..........................................................................................7TASK 3............................................................................................................................................9P5 Analysis of research and data using appropriate method..................................................9P6 Recommendation.............................................................................................................16TASK 4..........................................................................................................................................16P7 Reflection........................................................................................................................16CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................18

INTRODUCTIONDigitalisation is trending and best technology which is adopted by each business andcommercial organisation for better and quick services. The organisation are able to documentand store their information and data according to their needs through the help of this technology.Entire enterprise are using digital technology for various purposes such as marketing, sales,clerical work, management etc. Wilko Retail Ltd. is one of the developing and high chainedretailing company developing in competitive market (Awais Ahmad Tipu and Manzoor Arain,2011). The purpose of this report is to determine aims and objectives of this report that furtherwill use various methodologies and technology as well as data collection and interpretation forcoming to desired outcome of this report. TASK 1P1 Aims and objectives of projectsPlanning is a fundamental process introduced and adopted by each and every small aswell as large organisation for developing and expansion of their business. Through it a companycan maximise their benefits and reduce their expenses. A project should portray entire idea orplan that avail in accomplishing particular targets and goals of an organisation to make it morelarger and higher in competitive industry of retailing. As Wilko Retail Ltd. Is a smallorganisation, it is one of major elements to undertake for organisation to use limited resources ofcompany into various usages. The major objectives and motive of this project management is getincrement in return of investments in order to satisfy the demands of consumer as well asorganisation itself (Digital strategy and capabilities to win in a digitized world, 2017). As thereare various organisation which is evolving in competitive industry it have become tough tosustain as they are also rendering innovative ideas and creative products. Wilko Retail Ltd. gethelp of dig8ital technology for better operation functioning as well as making effective decisionfor enterprise. As digitalisation have transformed the business world entirely, it have helped inevolution of small business firms as well as innovation. Innovation refer to modification whichcan be delivered and adopted by organisation in order to make more demands and consumers. Topic: Impact of digital technology in growth and innovation.Background of Project1

Modification and change in a evolution process that adopted and occur in eachorganisation and individual. This is indispensable for a company to make according alternationin the services, plans and policies of company in order to create a positive external workingenvironment. In the commercial enterprise. It will bring out several modifications which isappropriate for company. Digital technology avail in altering entire scenario of Wilko Retail Ltd.As well as able to changes large organisation's as well. Through the help of this firm can not onlyimprove the documentation of files and information but also avail in promotion and marketingprocess which can motivate worker for effective performance. Accounting, marketing and sales departments have been supported in various financialactivities, function of company as well as promotion activities which company perform. On theother hand, HRM can perform various worker with higher qualities and skills experts in onlinetechnology and working technology The other department which is highly influenced by digitaltechnology in Wilko Retail Ltd. Is production departments in production of goods and productsin less cost and more advanced and modified techniques (Basu, 2014). This report have renderedcompany various objectives and aims for which analysis of project is made in order to meetoutcome in effective way. Aims: For interpreting utilisation of digital technology aim have been determined whichis Impact of digital technology in growth and innovation: A Case study of Wilko Retail Ltd.Objectives: This is one of the developing retailing company in streets of British Marketthat is adopting digital technology for facilitating ease in their system and functioning such asinterface controller, digital billing system, self pay or Cart payments in their organisation inorder to deploy the consumer amount and evolve in competitive supermarket. Here are someobjectives of company: To analyse the need of digital technology in organisation. To identify the assistance of digital technology in various functions and increasedproductivity of company. To assess the impact of digitalisation in innovation and growth of Wilko Retail Ltd.P2 Project management planThe project plan management formulation is fundamental for recognition as well asmeasuring several types of risk in process of managing successful business project in effectivemanner. This can avail in attaining objectives and targets that are determined by the organisation,2

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