Project on Use of Digital Technology in Business - Orion electro-tech
Added on 2020-06-03
22 Pages4631 Words42 Views
ManagingSuccessful BusinessProject
INTRODUCTIONIn small concern administration, this is important for using digital technology to improvetheir goods and services in simple manner. This is not about usage of software program in anenterprise but it will find out for use of advanced and originative thought of the firm. Foradopting digital technology, organisation can easily reform and redesign their goods and serviceswhich help in targetting whole market as well as customers. Modern technology assist ineliminating time factors and also reduces wastage which lead for acquiring high level ofproductivity in an enterprise. With the help of this procedure, company can easily rendereffective and efficient services to their customers (Cavusgil and et. al., 2014). The project isbased on Orion electro-tech which provide skilled labour, blue and white collar contractors tosector in all over the United kingdom that includes gas, engineering and aerospace. The turnoverof this firm is around 30 euro million in the financial year. There are approximately 56employees who work for achieving desired goals and targets in proper manner. This is smallbusiness organisation and they need to adopt or use digital technology for gaining effectivegoods and services to their potential buyers. TASK 1P1 Investigation purpose and objectivesDigitalization is give optimistic effect on enterprise organisation as well as on each oneand all single person. For small standard concern, it is necessary for adopting modern technologyfor supplying innovative products and services to their desired customers. It is that conceptwhich is used by Orion Electro-tech for improving the quality of their present and new goods inappropriate manner. With the assistance of this procedure, they can easy to gain attention of newand existing buyers towards their effective commodity, price and high superiorbased work orfacilities (Dezdar and Ainin, 2011). Along with this, digital technology is helpful in managingand operating small business marketing, accounting and communication effect which should besolve by the use of modern features, communication techniques and computer networking forgetting high level of benefits for development of digitalisation. Small business sector can easilydetermine execution of modern technology in their process of planning. For using this, enterprisecan easily create effective business operation and function activities for getting high benefit in1
future time period. Digital technology help for move from same pace progressive of organisationlevel in large competitor market place. Topic- Effect of digital application in encouraging small concern development and invention-a case work based on Orion Electro-tech. Background project- This projection study is supported on effect of digital technology on smalladministration as Orion Electro-tech. Later on adopt or use such technology enterprise can easilyimproving their profitability and earn high productivity for target whole market place. It is thatprocess which assist in making positive brand image in the mind of customers for long timeperiod(Eid and El-Gohary, 2013). This help in providing competitive advantages for targettingwhole market as well as buyers for effective costing in easy manner. For keeping strong positionin the large market place, so Orion require to do some changes in different sectors such asmerchandising, gross sales, accountancy, human resource administration, manufacturing etc. Research Aim:To examine consequence and impact of digital technology on the development of OrioncompanyResearch Objectives:To gain maximum earnings and productiveness by utilise modern application in anorganisationTo analyse the impact or use of digitalisation in Orion firmTo understand better technology which will assist firm for long time periodResearch Questions: there are different questions which are totally based on company majorobjectives that are as follows:How an enterprise use or adopt digitalisation and what will its effect?Does modern technology assist firm for making higher growth?How can administration earning profitability and productiveness for executingprogression application in the firm?P2 Projection administration designProject governance plan can be make by company administrator for designing pursuingstimulus by undertaking groups and stakeholders. This administration program generallydetermine how report can be implemented, managed and controlled in proper manner. It cangiven detailed document which includes management plans, planning documents and baselines.2
This project can be used by this project will make sure that management is bring outcontinuously along with their policies and processes. It includes different elements which assistin acquiring correct data and information in easy manner (Fitzgerald and et. al., 2014). There areseveral determination of such components which are described as follows:Cost- It is an important method and tool of an organisation which help in makingattracting representation that will required to referred as effective cost. With the help of this, anenterprise should use extract software for creating effective documents for their company. It isrequired for Orion Electro-tech is to introduce effective project so finance department approveappropriate funds for this. With the assistance of this report, Orion can give proper training totheir staff members who will make correct project for an enterprise which is take instance andprice. In this procedure, human resource administration of firm assist in monitoring andevaluating employees abilities and skills for making effectual projection administrationprogram.Scope- This element is supported on measure project administration range ad its majorcompass in the market place. It involves all major belongings which are helpful in performingeffective task in this project report. For Orion Electro-tech organisation, it is necessary for use oradopt digital technology for landscape their business structure and also make its huge scope inthe market. The project is helpful in providing effective goals and use modern technology inproper manner. In this project report, an enterprise can easily adopt or use digital technology forimproving their high quality based goods and services effectively. After adaptation of differenttechnology, company can better their entire turnover rate. Time-projection should be much effectual while conducting various actions of suchinvestigation. For this, Orion Electro-tech require to manage all the operational and functionalactivities as per their regular time period (Hotho and Champion, 2011). It is that process whichassist in reducing additive time element and also burden on person after dividing businessfunctions and activities in effective manner. After managing time factors, an enterprise gettingdifferent opportunities for targetting whole market place. Company staff members require tomanage their time as per getting higher business benefits in effectively. In such procedures, theycan take around 25 days for finish particular task or work. Quality- It is that factor of project management which directly impact on makingdecisions in an organisation. Quality elements includes effectiveness and result of report requiredto be more appropriate and clear for another person. For such enterprise, they need to adopt or3
use different methods and techniques for making them more easier and develop it efficient for allreaders. Digital technology will assist in creating and making quality products without addingcost and expenses. Orion Electro-tech require to make and create quality based goods forplanning project and create appropriate use of them in easy manner. By this adoption it willassist in getting effective result in easy way. Communication- It is that factor which is all about communicating ability of workers togovernance and customised of an enterprise. It is only one components which assist in resolvingall issues or problems from an organisation (Laudon and Laudon, 2016). Some firms areprovided training and learning programmes to their staff members for acquiring accurate resultor outcome in effectively. It is that process which help in building strong relationship betweenstaff members and management. Such factor of Orion Electro-tech can easily build and developpositive and sound working environment in the firm. In project administration, it is duty ofinvestigator and company manager is make and create proper connection series among theirprogram and its apiece and all intellectual. Risk- In this fresh study, company director require to analyse and measure all risk anddestructive element for form them much effective. This component are not adjustable but anenterprise can develop and made different designing and schemes for reducing their negativeeffect on project management procedure. Orion Electro-tech require to evaluate and analyse allmajor risk factors for an organisation which help in building proper plan which make themeffective changes in their planning process. For doing this planning, the cited firm can easily eareffective growth and success for getting desired goals and targets without making extra effortsfor their management and also develop team working. Orion Electro-tech should achieve thisproject and possible time which will consume additional income or revenue. Resources- Such are assets of the firm which they are used for utilising effectively. Allthe organisation resources assist in creating value and income factors as per firm needs anddemand (Laudon and Laudon, 2016). By adopting this digital technology, Orion Electro-techneed effective technological resources which assist in creating desired results for firm in easymanner. For usage of such resources, company demand to employ experienced and skilledworker who can usage effectual. In projection governance beginning, they will assist insucceeding all concern roles and actions in correct mode. 4
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