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Managing Successful Business Project : Unicorn Grocery

   

Added on  2020-06-03

20 Pages4702 Words49 Views
Managing Successful BusinessProject

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives...............................................................................................................1P2. Project management plan......................................................................................................2P3 Time line and action plan.......................................................................................................3..........................................................................................................................................................5TASK 2............................................................................................................................................5P4 Carry out research by implementing by using adequate methodology..................................5TASK 3............................................................................................................................................8P5 Analyse research data using appropriate tools and techniques..............................................8P6 Recommendations and findings...........................................................................................15TASK 4..........................................................................................................................................16P7 Self reflection on the Research............................................................................................16CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17

INTRODUCTIONDigital technology refer to the facility to communicate the information that is utilizedthrough the business companies for proper flow of communication. It assist in supporting thenorganisation in matter of adopting new activities or technologies as well as transform thebusiness operations more effective (Broekx and et. al., 2011). Through the help of innovationand digitalisation, a company can interact with their public and store their records and datawithin a short time span. This project is totally based on Unicorn grocery which one ofdeveloping retailing company that deals with products and services of food or grocery whichhave been awarded as the best independent grocery stores ever. This study will analyse aims,objectives of research for controlling and assessing the impact of digital technology on theorganisation as well as how it helps in evolving.TASK 1P1 Aims and objectivesTopic: “Impact of digital technology on supporting small business growth and innovation: Acase study of Unicorn Grocery.Aim: The major aim of Unicorn grocery is to from a fresh aspiration for the future developmentas well as vitality and viability in various countries (Denzin and Lincoln Eds., 2011). Thecompany also concentrate on enlarging their business through partnership or merging. The aimis, “Impact of digital technology on supporting small business growth and innovation: A casestudy of Unicorn Grocery.Objectives: To determine utilization of digital technology in Unicorn Grocery.To understand the requirements of transformation of operations of business in Unicorngrocery? To analyse the efficiency of the digital technology and renovation in the businessoperations of organization (Basu, 2014). Research Questions: Hoe the digital technology can executed in the Unicorn Grocery?Why this is essential for the business operations of Unicorn Grocery?1

How the digitalization and innovation is efficient for the transformation of operations oforganisation? P2. Project management planA proper management plan is the significant part which is organised for managing theoperations and activities. This set the standards that are complied to create the designs ofassignment for the long terms plans. This is necessary for the purpose of designing and effectiveplan, to count the risk, time, cost, communication tools as well as quality of the project whichcan help in proper development. Unicorn grocery desire to deploy their business geographicallyfor which the company is getting new technologies in their working environment The purpose ofmanaging such activities is to getting to the sore of assignment through hindering theobstructions from the path of achievement. Scope: The project scope is very high as the new generation is going more digitalised andadopting creative and innovative ideas and technologies. This project render and supportthe company or researcher through increasing the productivity and adopting new tools oftechnology. The online and offline tools helps the company in increasing theirproductivity or profitability of organisation. Risk Management: The risk administration is required for a company as it helps inevolving and hindering the obstruction in accomplishing an assignment on time. The riskin the respected project is lower in Unicorn Grocery as the company is focusing over theexpansion of business as well as the new trend is preferring more advanced and modifiedtechnology. But the management group need to manage the risk or danger that canassociate within the project for better and effective implementation. The companymanagement need to make the appropriate decisions for minimising the danger. Quality Control: The major factor which is needed to consider in the matter of digitaltechnology or innovation is quality (Eweje, Turner and Müller, 2012). This is nattiness tomaintain the quality of innovative product or service for making appropriate changes inthe company. Cost: Costing can be also considered as one of the obstruction in completion of anproject. The over-costing can become barrier and limit the expansion of digitaltechnology, the company need to make a proper budget and implement it effectively formanaging working cost.2

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