This assignment involves a detailed performance review where the learner assesses their own work, contributions, and areas for improvement. It also includes a project reflection focusing on the objectives, successes, challenges, and lessons learned from a project analyzing the role of social media in organizational growth.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Managing Successful Business Projects
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION Digitalisation means use of digital technology in day to day activities. Business activities includes various commercial activities which helps to achieve targets. There is requirement of change in working style with the help of new techniques. Digitalisation is essential to make good image in industry. In digitalisation, social media is one of the important concept which includes use of social websites such as Facebook, Instagram, Linked-in, etc. in working style. There are many changes has to be taken place in working style whichassist managers to do commercial activities in appropriate manner.Social media is a platform which provides knowledge about product and services to society. This is the method which helps to target number of customers at a time(Bakker and et. al., 2011). This report is based on Continental Consulting Limited which isenterpriseresearch and consultancy firm which provides services to client residing around London and Greater London. This report puts light on project aims and objectives, small scale research, methods of gathering information and data collection, recommendations and conclusion of project and lastly usefulness of research for organisation. TASK 1 P1 Aims and objectives of Project To make a project report an administration of Continental Consulting Limited needs to implementationofdigitalisationintheorganisation.Inthiscompanyusesocialmedia technology which is one of the main part of digitalisation. Company is thinking to enhance their information technology tools which assist them to enlarge business operations and activities effectively and easily(Zhao, 2012). In order to achieve long term goals and objectives of project, business entity implement social media. It is essential way for the company to attract large number of customers and complete all activities within give time period. In the marketplace, there are tough completion in maintaining strong position at them, so in this all organisation try to implement digitalisation. This technology support the business to accomplish their preset goals and objectives. It will also help the company to gain competitive edge through using digitalisation(Crane and Matten, 2016).Thus, it is simple for company topromotetheirnamevia digitalisation. There are chances to make awareness among workers about techniques which are important and effective for businessdevelopment and success. As there are different challenges, so it is
necessary to modify their technology. There are various sources of marketing services and products such as Facebook, Instagram, etc. these provides positive effect on business operation. Topic:“To investigate the influence of digital technology on enhancing growth and innovation of business. A case study on Continental Consulting Limited. Project Background: Social media is cellular phone and primarily internet based tools and applications to share data among people. It includes famous networking websites like Twitter and Facebook. Thus social media platform is more significant and valuable for the company to introduce their services at marketplace and to the customers at speedy manner. In this study Continental Consulting Limited administrator are performing to come with advanced technology which are essential and effective for growth and development(Eweje, Turner and Müller, 2012). To develop Social media tool in the organisation as at help the business to easily achieve their long termobjectivesandgoalsinallottedtimeperiod.ThistechnologyhelptheContinental Consulting Limited to manage their work and activity as well as gain competitive advantage in given time duration. Aim:“The impact of digital technology supporting small business growth and innovation”. Objectives: To evaluate implementation of social media is essential for Continental Consulting Limited or not. To determine importance of social media technology in growth and innovation of Continental Consultancy Limited.To ascertain different resources needed by Continental Consultancy Limited to utilize Social media technology. Research questions: Does the implementation of social media is essential for Continental Consulting Limited or not.? What is the importance of social media technology in day to day activities and functions of Continental Consultancy Limited.? What are the different resources needed by Continental Consultancy Limited to utilize Social media technology ?
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
P2 Project management plan covers aspects of cost, scope, time, quality, communication, risk and resources Project management plan is effective tool which provides knowledge about time, cost indulge in completion of project. This is guide map which helps employees to perform project operations in effective and efficient way. While running project there is requirement of planning, execution and controlling project activities according to project management plan. Sometimes there is difference in pre- determined activities and actual outcomes. In this main coverage areas are- task, activities and resources(Fisher, 2011). While performing activities of project there are some activities such as cost, resources, time, etc. Scope:-Scope is one of the essential question which arise in mind of researcher. Social media has very wide scope which helps to performcommercial activitiesin morerelevantand manner. With the help of social media marketing of services by Continental Consulting Limited. This helps to improve overall performance of organisation.It is easy with the help of social media to deal with stakeholders and hence there is increment in goodwill of organisation. When stakeholders are ware about plans and policies of Continental Consulting Limited so this helps in smoothly running of business operations.Scope of completing this project helps to grab knowledge about social media. There is requirement of proper guidance and planning which helps to attain goals and objectives and complete project on time. Cost:-Cost is also important factor which has to be considered by managers of Continental Consulting Limited. In order to implement social media in working style, this is cheap method and good revenue can be achieved. As marketing is easy with the help of social media such as Facebook, Instagram, You- tube, etc. Revert from this sources is positive as compared to capital invested(Incelli, 2013). Cash flow and fund flow is positive with the use of social media. Implementation of new technique is effective for working in organisation and at the same time it helps to motivate workers to work with latest technology. Implementation and promotional costing of social media for Continental Consulting Limited is 10000£.Apart from this while performing this research, there is requirement of cost for collecting information, gathering and maintaining data, etc. This cost must be maintained by researcher so it does not succeed budget. Total forecasted budget
Particular2017-18(£) Promotional expense10000 Implementing technology cost10000 Advertisement expense2000 Learningcost2000 Catalogues5500 Total cost29500 Time:-Time required to implement social media is less but as technological changes are taking place with rapid speed, so this is time consuming process. Continental Consulting Limited must use critical path and time frame techniques which helps to provide knowledge about time of completion of project(Keller, Parameswaran and Jacob, 2011). As there are various departments in Continental Consulting Limited so it is essential to proper deliver instruction about completion of task this helps to complete project on time.Time required to complete this project is 9- 10 weeks. This can be attained with proper analysis and planning. This helps to complete project on time. Time members must be communicated related to project activities, so targets can be attained. Risk:-Social technology is risky because of many up-gradations frequently, so there is risk of obsolete of technology. Sometimes there are possibilities thatworkersare not ready to work undernewtechniques, so this has impact on working style of Continental Consulting Limited. There is requirement of training of employees which helps to perform operations in more effective manner. Continental Consulting Limited gets ease in working style with the help of digital technology. So there is less possibilities of negative impact and it can be improved with the motivation of managers.There are some risk which arise while performing research. There are possibilities of miscommunication among team mates, so this affects completion of project in negative manner. There is risk of hacking of data, duplication of research activities, etc. This can be saved with proper techniques and communication. Communication:-There is ease in working style of workers at Continental Consulting Limited. With the help of social media such as Facebook, Instagram, Skype, Duo, etc. it helps to
make instant contact with client. This helps in improving communication gap among internal and external parties of association. It helps to communicate to specific person and hence information can be transferred to specific person(La and Ong, 2010). With the help of social media it is easy to share data in various forms such as docx., PDF, etc.Research can be completed in team, so there is requirement of proper communication channel such as e- mail, video conferencing, etc. This helps to perform research work within time and team mates are aware about change in plans and policies. Resources:-Apart from all the above resources there is requirement of some other resources which assist in performing business operations. According to change in roles and responsibilities managers has to plan resources in effective way. Human resources is one of the essential factor to perform business operations in effective way. Managers of Continental Consulting Limited has to keep in mind about CSR activity. This concept is much in trend these days to give back to society. There is requirement of financial resources in order to perform business operations in effective way. As there are many sources so best among them has to be selected.Resources are required to complete project. There is requirement technical man, computers, network, etc. This must be available on time, so project activities does not get affected. P3 Gantt chart and breakdown structure Gantt Chart-Gantt Chart is graphical representation of all activities which are part of research project. This is the path way to perform research work in effective way and activities which has to be undertaken. There are various departments working in Continental Consulting Limited in order to get positive. This helps is proper planning of activities and then perform business operations. This chart provides help in performing operations in systematic and synchronization manner(Macintosh and Quattrone, 2010). With the help of Gantt Chart it is easy to judge up-to what extent project activities are completed. Time scale is also part of Gantt Chart which helps to divide research activities with specific time period. Gantt Chart are understood by researcher when it is prepared in appropriate way. There are many activities part of research so with the help of Gantt Chart it is easy to perform project activities in appropriate way. Determining cause, review of problem, analysing reason, etc. are activities of Gantt Chart.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Work Break down structure-Work break down structure shows departments which are liableforresearchworkoforganisation.Therearevariousactivitiessuchasplanning, implementation, project closer in performing research work in effective way. This helps to divide activities of research such as setting aims and objectives, survey, data analysis, conclusion, etc. in order to get better results. This structure provide knowledge about activities which has to be consideredbymanagementofContinentalConsultingLimited.Whenactivitiesareget completed then its effectiveness has to be checked(Trevino and Nelson, 2016). Research questions has to be asked in specified and effective manner, so personnel for trained for this. There are possibilities of making changes in activities, so alteration are easy because of this
structure. Managers of Continental Consulting Limited prepare work breakdown structure which helps them to complete research project on time. Illustration1:CREATING A WORK BREAKDOWN STRUCTURE (WBS) (Source:CREATING A WORK BREAKDOWN STRUCTURE (WBS), 2018) TASK 2 P4 Application of quantitative and qualitative tools for data collection Research has different activities which helps to perform work in appropriate manner and researcher is able to give appropriate conclusion. Data collection is one of the essential activity in research work. It is essential to come with approaches which are effective and significant for getting appropriate result from research work. There are mainly two methods to conduct research i.e. qualitative and quantitative research. Methods are data collection are discussed as under- Qualitative method-This is the research which follows techniques of exploratory research. In this method deep analyse is deep of data collected. The sample size in this method is small because deep research is done(Marston and et. al., 2011). As this tells about perception of every person effectively. In this justification is given for the reason “WHY” rather than “What”. Data collected from this source is logical and statistical for the purpose of giving reviews. This
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
method focus on subjective approach rather than objective approach. In this report questionnaire is used. Questionnaire is collection of set of questions asked with respondents. Number of respondents in this report is 40. Quantitative method-Quantitative method is a structured way for collecting data. In this data is collected in the form of statistical data, mathematical data. Data collected under this is unsystematic and in numerical form(Too and Weaver, 2014). Under this data is collected from last number of respondents. In quantitative method, descriptive or experimental method is used. Telephonic interview, online sources, face to face interview are part of this method. Questionnaire Q1) Does the implementation of social media is essential for Continental Consulting Limited or not? Frequency Yes20 No10 Can't say10 Q2) What is the importance of social media technology in day to day activities and functions of Continental Consultancy Limited? Frequency Communicating within organisation20 Communication with clients15 Ease in marketing of services5 Q3)What are the different resources needed by Continental Consultancy Limited for implementing Social media technology ? Frequency Human resources20 Financial resources15 Others5 Q4) What are different social sites used by organisation?Frequency Facebook15 Linked In10
Instagram7 Twitter8 Q5) What are the advantages of social media to Continental Consultancy Limited ? Frequency Improvement in image of association10 Time and cost saving10 Easy reach to client5 24 Hours Services5 Q6)Is it easy for Continental Consulting Limited to compete with other firms? Frequency Yes30 No10 Q7) What are the challenges faced by managers of Continental Consulting Limited in implementing social media techniques? Frequency Lack of privacy12 Possibilities of hacking information15 Requirement of expertise personnel7 Rapid up-gradations in social media sector6 Q8) Are employees happy to work with latest social media application at work place? Frequency Yes35 No5 Q9 What are the sectors get affected with the use of social media?Frequency Research and marketing15 Human Resource10
Finance and accounting10 Others5 Q10) Any recommendation toContinental Consultancy Limitedrelated with the implementation of mobile technology? TASK 3 P5. Analysing the research and data by using appropriate tools and techniques Research can be conducted by proper analysing the factors which are related to topic. Therearevarioustechniqueswhichhastobeusedingettingproperconclusionand recommendation. Research has many aspects which has to be covered. Some of them are discussed as under- Research design:-Research design is the medium which helps to perform research work in proper way. This provides some knowledge and way through which project work can be completed. There are three types of research design, they are exploratory, descriptive and experimental. In this research descriptive is used. Data collection:-Data collection means to collect information from different sources. This can be done by some specified number of customers(Yuan, Bao and Verbeke, 2011). Data collection is done by different person according to their perception. There is some specified sample size out of whole crowd. Data is collected from two sources- primary and secondary. Data analysis:-Data analysis means to interpret result on the basis of collected data. It is effective for telling information about topic. Data analysis is essential to make policies on thebasisofresearch.Datamining,predictiveanalysis,staticalanalysis,business analytics and big data analytics are part of data analysis. In this research number of respondents are 40. Questionnaire is the technique which is used to know effect of social media on working style of Continental Consultancy Limited. Q.1Does the implementation of social media isessentialforContinentalConsulting Limited or not? Respondents
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Yes20 No10 Can't say10 Interpretation:According to out of total crowd, 20 respondents says that “Yes” it is essential to implement social media. While remaining respondents favour “No” and “Can't say”. Q2.What is the importance of social media technologyindaytodayactivitiesand functionsofContinentalConsultancy Limited? Respondents Communicating within organisation20 Communication with clients15 Ease in marketing of services5 YesNoCan't say 0 2 4 6 8 10 12 14 16 18 20 20 1010 Respondents
Interpretation:Thereisimportantroleofsocialmediainimprovingimageof ContinentalConsultancyLimited.Outof40respondents20saysthatitiseffectivein communicating within organisation, 15 says communication with client and remaining 5 says ease in marketing of services. Q.3What are the different resources needed byContinentalConsultancyLimitedfor implementing Social media technology ? Respondents Human resources20 Financial resources15 Others5 Communicating within organisation Communication with clients Ease in marketing of services 0 2 4 6 8 10 12 14 16 18 20 20 15 5 Respondents
Interpretation:ContinentalConsultancyLimitedneedsHumanresources,financial resources and other resources 20, 15, 5 respective in order to implement social media in operations. Q.4What are different social sites used by organisation? Applicants Facebook15 Linked In10 Instagram7 Twitter8 Human resourcesFinancial resourcesOthers 0 2 4 6 8 10 12 14 16 18 20 20 15 5 Respondents
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Interpretation:There is requirement of various social media sites such as Facebook, Instagram, etc. Out of 40, 15 favour for Facebook, 010 favour for linked in, 7 favour Instagram, 8 favour for Twitter. Q5)Whataretheadvantagesofsocial media to Continental Consultancy Limited ? Respondents Improvement in image of association10 Time and cost saving10 Easy reach to client5 24 Hours Services5 FacebookLinked InInstagramTwitter 0 2 4 6 8 10 12 14 1615 10 7 8 Applicants
Interpretation:10 people says that social media is effective for improving image, 10 says it is time and cost saving, 5 favours for easy reach to client and remaining 5 favours for 24*7 services. Q.6Is it easy for Continental Consulting Limited to compete with other firms? Applicants Yes30 No10 Interpretation:As per graph 30 respondents helps it is helpful in competing with other firms, while remaining 10 says no it is not competing with other firms. 0 4 8 1010 55 Respondents YesNo 0 5 10 15 20 25 30 30 10Applicants
Q.7Whatarethechallengesfacedby managersofContinentalConsulting Limitedinimplementingsocialmedia techniques? Respondents Lack of privacy12 Possibilities of hacking information15 Requirement of expertise personnel7 Rapid up-gradations in social media sector6 Interpretation:there are some problems while using social media such as lack of privacy, possibilities of hacking information, etc. Out of 40 respondents 12 says lack of privacy, 15 says possibilities of hacking information, 7 says requirement of expertise personnel and 6 says rapid up-gradations in social media sector. Lack of privacy Possibilities of hacking information Requirement of expertise personnel Rapid up-gradations in social media sector 0 4 8 12 1612 15 76 Respondents
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Q.8Areemployeeshappytoworkwith latestsocialmediaapplicationatwork place? Applicants Yes35 No5 Interpretation:Out of 40 respondents 35 says yes employees are happy with social media, while remaining 5 says “No”. Q.9What are the sectors get affected with the use of social media? Respondents Research and marketing15 Human Resource10 Finance and accounting10 YesNo 0 5 10 15 20 25 30 35 35 5 Applicants
Others5 Interpretation:There are different departments in Continental Consultancy Limited which gets affected because of it. 15 says it affects research and marketing department, 10 says it is affects HR and Finance department remaining 5 says it affects other departments. TASK 4 P6 Recommendations and conclusion From the above discussion it is clear that social media is effective for organisation as well as employees. It helps organisation in competing with other companies. It is essential to analyse activities and then social media is implemented in business so managers are aware about pros and cons of approach. Social media is one of the essential component which assist in working style of workers. There is requirement of motivation to employees to worker under latest technology. Social media is effective for expanding business through creating relations with far sitting clients. It is easy to provide up to date solution to problems. As Continental Consultancy Limited deals in providing service sector and there is much competition in this sector, so it is effective for competing with other firms. There is ease in marketing services to society through different social media sites. Facebook, Instagram, Linked- In,etc.aresomesocialsitesthroughwhichbusinesscanbeexpandedofContinental Consultancy Limited. With use of social media there are some disadvantages also such as leakage of confidential information, possibilities of hacking, etc. Research and marketing Human Resource Finance and accounting Others 0 2 4 6 8 10 12 14 16 15 1010 5Respondents
P7 Value of research to meet the aim While research I learn much things which help me to gain competitive advantage in current scenario. As changes are taking place with raid speed, so this research help me to work in adverse as well as favourable situation. I am able to work in team and divide work according to specification of person. While working I feel that there is difference in working style of workers so I have to direct team mates, so there is synchronization while working. I have limited amount of money, so I face problem in performing business operations. I give time to complete task in effective and appropriate way. I have to make scenario in ordertogetpositiveoutcomesatspecifiedtimeperiod.WhilecollectingdataIfound respondents are not interested in sharing feedback, so I have to remind them. I have sample size of 40 respondents, so I have to force respondents to feel questionnaire. Accordingly, I give my recommendation and conclusion. With the above research, aims and objectives are achieved. This helps me to enhance my knowledge related to social media and use it for further learnings. I get to know that in social media is important in current market and this helps to compete with external firms. Due to alteration in working system, manager must use motivational techniques and time to time training has to be provided. Most essential component required to implement social media is availability of funds. There is rapid up-gradations, so this needs cost for implementing change in working style. CONCLUSION From the above discussion it is clear that digitalisation is effective for growth and development of organisation. Digitalisation is the method for growth and development of overall organisation. Social media is one of the best factor which ease in delivering information to customers. This is the mean which helps in contacting to clients and taking reviews about services. When organisation come with some new services then with the help of digitalisation it is easy to market product. This is time and cost economical method so marketing of services is also simple. When managers are making changes in working style, then it helps to deliver information to employees. There are some issues some as costly method, lack of employees interference, etc. which are faced at the time of implementing social media at work place. Gantt Chart and Work breakdown structure are two approach which helps to complete project on time and within specified cost.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and Journals Online IntroducingResearchMethods.2017.[Online].Availablethrough :<https://www.skillsyouneed.com/learn/research-methods.html>.
APPENDICESTemplate for evidence collection to be attached with the report by the learner: ProjectLogbookforthechosenorganisation: Continental Consultancy Company Name of the learner:Name of the Supervisor: Project Title:Date: Update of weekly research/ tasks achieved (Account for a minimum of six weeks with dates)What have you completed? Did you fulfil Task requirements? Are you on track and within deadlines set? Did you need to make any changes to your project management plan? Comments Researchdonetoknowimpactofdigital technologyongrowthanddevelopmentof business organisation. Yes Yes, targets are been achieved. No. project development plan is appropriate and able to attain set targets. Any risks and / or issues identified?Did you identify risks/issues with a lack of skillsrequiredforundertakingresearch tasks? Did you identify any additional risks/issues thathaveanimpactontheproject management plan? Yes, there are certain issues such as lack of leadership affects business operations. No, I do not face any additional issues on project management plan.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Problems encounteredWhat barriers did you face? How did you overcome them? Lack of proper planning, financial resources. Iproperplanningactivitiesaccordingto available resources and guide personnel. New Ideas and change of project directionSocial media is effective for making business operationsaccordingtocurrentmarketand provide innovative ideas. What Have I learnt about myself this week?How did I feel when I had to deal with tasks/problems?Did I find it useful to complete the tasks?How well have I performed? What did I contribute?What can I improve on next week?How might this learning apply in the future? I am able to deal with changes happening in external environment. Yes Iwaswellawareaboutmyrolesand responsibilities. I report to my seniors in order to perform research work effectively. I want enhance my motivation skills. I am able to make fast decision according to changing business environment. Tasks planned for next weekWhich tasks are priority?Haveyousetasidesufficienttimefor completion? Data collection, collecting filled questionnaire from respondents. Yes. Project plan status to date (on, ahead, behind)Up to date Supervisor comments to address Signature of the Supervisor and date: Template for Performance Review to be attached with the report by the learner: What was the Project supposed to accomplish?
To analyse role of social media in growth of organisation. Did the project succeed in its aims/ how do you know? Specifically, please outline any evaluation and assessment undertaken. Yes, project is able to succeed its aims and objectives. To improve brand image of association in industry. What things do you think worked well and why? Evaluate all aspects of the project (e.g initial inception, project activities and project outcomes) from a range of perspectives. I collected data from relevant source which are essential for completion of project. What problems emerged during the project and how were they tackled? Was there timely identification of issues and resolution during the project process? lack of funds and employees interference are some problems which hurdle project work. What did you learn from undertaking the project? I am able to deal with digital and technological changes happening in current scenario. How would you rate your performance as a management consultant leading the project? I rate myself 7 out of 10. What strengths and weakness of your performance did you identify? I have good knowledge about technology related to organisation and not able to take fast decision. How will this inform and support your continuous professional development? Continuous professional development helps to make regular improvement in working style and able to analyse market.