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The Importance of Time Management in Business

   

Added on  2020-06-03

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MANAGING
SUCCESSFUL
BUSINESS PROJECT
The Importance of Time Management in Business_1

Table of Contents
INTRODUCTION ..........................................................................................................................1
PART 1 ...........................................................................................................................................1
P1) Basic Aims and Objectives of project .................................................................................1
P2) An effective project management plan.................................................................................3
P3) Work break down structure and Gantt chart to provide time frame work...........................5
PART 2 ...........................................................................................................................................6
P4) Small scale business through using quantitative and qualitative methods...........................6
PART 3............................................................................................................................................8
P5) Analysing research data by using different tools and techniques........................................8
P6) Recommendation and Suggestion for the project ..............................................................16
P7) An effective reflective report .............................................................................................17
CONCLUSION .............................................................................................................................17
REFRENCES ................................................................................................................................18
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INTRODUCTION
The business organisations are mainly concern towards achieving their goals and
objectives in order to reach at higher position at market place. In today's scenario, there is lots of
competition available for a single product or organisation, so it is required for firm to make
potential affords for providing competitive advantage to their competitors (Doherty, Ashurst and
Peppard, 2012). Corporate social responsibility play a significant role in attaining sustainable
growth for company through adopting various activities that are beneficial for social growth and
welfare. Problems are unwanted and they can arise at any place, so so for overcoming issues an
organisation adopt various approaches which are more effective in resolving the issues and
conflicts. Government also play an essential role in providing support to CSR activities in
respect of acquiring growth for firm as well as society. The present report is based on the study
about Holiday Inn hotel which is famous for its high quality luxurious goods and services which
are offered by the hotel to their potential consumers who are willing to taking the advantage of
luxurious products. This report contents the study about the cited aims and objective of firm that
help in reaching at final result. An effective management plan is important for every business
organisation in order to manage and control all business activities. The technique of data analysis
has to be used in most effective manner just to measuring the final result and output.
PART 1
P1) Basic Aims and Objectives of project
The major purpose of every business organisation is to gaining more profit and revenue
through providing goods and services to their customers as per their demand and need. Mainly
organisations are concern on attaining competitive advantage in order to give high range of
competition to their customers. Hotel Holiday Inn is one of the luxurious hotel industry which is
famous for providing its high quality goods and services. They are focuses on implementing
various CSR activities in their firm just for social welfare (Gido, Clements and Clements,2014).
Organisations use various terminologies to effective implementation of CSR activities in order to
attract large numb er of customers towards their firm.
Topic: “Implementing CSR activities within the business operations as to attaining competitive
advantages.”
Back ground of the study:
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The most important work of every business firm is to create goals and objectives on
which it is required for firm to state their all activities in most appropriate manner. These goals
are helpful in earning profit and growth for company. Holiday Inn Hotel invest a huge amount in
implementing CSR activities in their organisation just to provide benefits to society and people.
CSR activities are helpful in gaining attention of customers and through which company can
easily gain profit or establish an effective future plan (Griffin and Pustay, 2012). As a hotel
industry it mainly focuses on rendering high quality service with more advance feature in it to
their consumers. They handle their consumers at priority basis and make potential affords to
satisfy their needs and wants. In today's competitive era every firm wants to prove them best at
the market place through offering best and high quality services to their consumers who are
interested to taking advantage of firms. It is necessary for firm to establish goals and objectives
for firm in order to carry out business activities in a right direction. Holiday Inn always concern
on resolving issue and conflicts that are arise at work place and affect the all business activities ,
so for this firm create an effective backup plan to face the problems. Holiday Inn Hotel adopt
most appropriate strategy of marketing for the purpose of effective utilisation of resources for
attaining basic objective of firm with the help of their employees and staff members.
Aim: To implementation of various CSR activities in respect of reaching at sustainable
objectives and goals. A case study on Hotel Holiday Inn.
Objectives:
To identify the actual impact of CSR activities in business organisation.
To evaluate the usage of corporate social activities in order to achieving organisational
goals and objectives.
To compute the effectiveness of CSR activities in Hotel Holiday Inn. To measure the impact of time management plan in business organisations.
Research Questions:
How to identify the impact of CSR activities in business firm?
What are the major use of CSR activities in order to attain organisational goals?
What are the major effectiveness of CSR activities in Holiday Inn? How to evaluate the impact of time management plan in firm?
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P2) An effective project management plan
This is most important process in every business organisation for managing all work of
firm. It is necessary for firm to implement and effective management plan for execution of each
activities in most precise manner (Schwalbe, 2015). It is the responsibility of management
department to establish well settled management plan for effective utilisation of resources which
are available at work place. An effective project management plan helps in attempting all
business activities in well planned and effective manner through implementation of each
operation in appropriate way. Some major aspects are their which helps in establishing an
effective management plan are described as under:
Cost: It is most essential element of any kind of business enterprise, it can be considered
as the amount which is spend in every business activity. It is most required thing for
business purpose. CSR activities are helpful in increasing social wealth for public and
society. It is essential for an organisation such as Hotel Holiday Inn to have an
appropriate flow of funds and capital in respect to implementing all organisational
activities in systematic manner. Some activities are cost consuming in nature so it is
important for Holiday Inn to keep potential capital and funds. The appropriate amount of
cost is around 6 million dollar which is effective in conducting all business operations in
effective way. Scope: The establishment of business activities are helpful in generating various
opportunities for people who are willing to work in business firm (Jeston and Nelis,
2014). Hotel Holiday Inn have to perform CSR activities through which it is easy for firm
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