Business Project Report

This document is a comprehensive report evaluating a completed business project. It outlines the project's objectives, details its success in achieving these aims, and analyzes various aspects like planning, execution, and outcomes. The report also includes a self-assessment of the learner's performance as a management consultant, highlighting both strengths and weaknesses. Finally, it discusses key takeaways from the project experience and how they will inform future professional development.

Managing Successful
Business

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Research aims and objectives............................................................................................1
TASK 2............................................................................................................................................2
P2 Project management plan..................................................................................................2
TASK 3............................................................................................................................................3
P3 Work break down structure and Gantt chart.....................................................................3
TASK 2............................................................................................................................................6
P4 Small scale research by using proper methodologies........................................................6
TASK 3............................................................................................................................................9
P5 Analysation of research and data for using appropriate techniques and methods............9
P6 Recommendation.............................................................................................................15
TASK 4..........................................................................................................................................16
P7 Self reflection..................................................................................................................16
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
LOGBOOK....................................................................................................................................18

INTRODUCTION
Digital technology play an essential role in whole way in which business are being
conducted. It can be observed in last year, it has been drastically change in model of business
that is used in previous days and also make modifications in business function in effective
manner. It is only save the costly time but also provides businesses for analysing proper financial
status. In addition to this, it has been examine present goods and services which are gain more
profitability and it will help in producing new and innovative products that assist in enhancing
reputation of an organisation. The report is based on SOFTWIRE firm whose topic is impact of
digital technology on business (Broekx and et. al., 2011). This is the association which are small
in size and company is make innovative and creative products for their customers. Softwire
delivers software engineering, consultancy services and digital design solution for some of the
leading brand of united kingdom. The main motive of this project is to evaluate and understand
various goals, aims, objectives and project management planning should be described.
TASK 1
P1 Research aims and objectives
Digital technology has landscape its business structure environment. The company can
easily achieve high business growth and their potential goals and objectives in proper manner.
For softwire firm digital technology will assist for getting target goals and objectives in given
time period for providing high quality services. By this procedure, they can easily attracting large
number of employees for evaluating benefits involved in their working concept. The company
will help them in getting effective services which includes marketing, accounting, operational
and human resource department. Using of cloud application is provide importance for
transferring data from one place to another in few minutes. It is necessary for user is to upload it
on cloud system and at the same time download from anywhere. Is is that way of availability of
accurate data of various users which has to be done and it help in increasing firm productivity
(Denzin and Lincoln, 2011). Apart from this, digital technology is helpful in marketing methods
which greatly impact on company market share which can be covered. This can be show that
how such concepts assist business operations for developing and gaining high amount of income
or revenue.
Topic- “Impact of digital technology supporting small business innovation and growth”.
1

Background of project:
Change is necessary part of life. They will help in try new thoughts and ideas that can
bring positive change at large work place. If impact of digital technology can be evaluated so
how it has been effected to firm then outcome will be in favour of community. It can be observed
that rapid change in business operations and maintain work quality for using effective
techniques. Business information are majorly secured so same thing can prevented by using
different passwords and make covering which has been cut down the outflow danger of secret
collection. In retail sector, maintain record is very much important. It assist them in making
control over outflow and inflow of cash and another major communicator which was done in this
books and journals (Fleming and Koppelman, 2016). There is another option which convert data
and information into soft copy and once it is created for whole life time if secured. This project
will explore the positive side of this concept so it can be prospering experienced here. It is
necessary for establish goals and objectives of the project so by this work can be done in same
way.
Aim- For bringing digitalisation within the business operations- A case study of SOFTWIRE.
Objectives
 To develop the understanding of digital technology
 To exploit the desired of digitalisation techniques and methods
 To analyse main aim of report is to how digitalisation can be executed within an
organisation
Research questions
 How digitalisation system can be implemented?
 Why digital technology is essential?
 What are the results of substitute present system along with digitalisation?
TASK 2
P2 Project management plan
Before starting some new project, it is important for doing proper planning. Project
management plan is effective method in which it can be known that what is the foremost suitable
way for beginning with implementation. In this procedure, all major activities are required to be
refer as authenticated which assist in combining and bringing out coordination in all activities
2

that are necessary to be executed. There are different areas which has been provided for
implementation of whole project plan that are as follows:
Scope of project- There is wide range of project which define large number of areas in
which it can be addressed that digitalisation is provide high importance (Geraldi and Lechter,
2012).
Risk management- The level of failure is limited as SOFTWIRE which has good brand
value and effectively change the consequences which contributes to their employees.
Quality control- This has make sure that effective standard of information is given so it
will assist the firm for achieving its major targets and goals in proper manner. For executing new
techniques and methods which should be appraisal on regular basis.
Cost- Management should bear the effective or good cost at the first stage for
implementing new software and devices which help digitalisation that is high value. It can affect
the business new profit in starting but at the same time period it will provide good return to the
administration.
Time- It is very time consuming procedure which carry out business operations for doing
effective alterations (Westerman, Bonnet and McAfee, 2014). While new techniques and
technology is installed then it became complex for understanding and employees identifying
major barriers for performing their duties in proper manner. They need to take enough time so
they will make necessary changes in the desired projects.
TASK 3
P3 Work break down structure and Gantt chart
WBS is signifiers of Work Break down structure which is functional and operational
techniques which is used for reduces extra burden of work to an individual person. It is very
effective and sound method which is usually used for having effective advantage of business in
easy manner (Hirshkowitz and et. al., 2015). With the assistance of this procedure, an
organisation can capable for dividing their duties and responsibilities to various person. The
main purpose of this structure for managing quality information and data and large project of an
organisation in proper manner. This will provide facility for authenticate data and resources to
teachers for serving effective and appropriate services within an enterprise. Also work break
down structure is designate in the form of hierarchical tree structure which determined the value
3

of each and every parts for breaking it which is small or tiny and also manage all specific tasks.
Such types of structure are believe with the assistance of making graphical representation for
arranging all activities of the firm in effective way. This structure will useful in reducing the
external pressure and provide correct and appropriate working methods.
For the SOFTWIRE company and their management members it can be using different
types of techniques and methods for evaluating skills, capabilities and abilities of its employees
for offer their services to several tasks (Hwang and Lim, 2012). All such business methods
provide support for reducing extra cost and time from doing working actions of employees. The
workers performance are divided between them for maintaining skills and efficiency in proper
manner. This is essential element for firm which is used for framing belief to each and every
employees who are mainly perform within an enterprise towards future goals and targets.
Digitalisation always provide assistance for creating values and knowledge area of workers for
offering sound and limited services within an organisation.
Gantt chart show the value of each and every task or part which need to be done by
company managers. It is an effective type of evaluation techniques and methods in which an
organisation will analyse effectiveness of each and every task that can be done by employees and
also offer different values for future targets and goals in appropriate manner. This task is usually
use the minimum aspect of time and cost can be negatively effect on workers productivity of the
company. This is that term which is used in project management plan for make control over
negative activities and actions of the firm, in addition to this it support in providing effective
application for making ideas and process (Lakatos, 2014). By this structure, an enterprise can
framing different strategies for reducing unnecessary activities, organise all tasks with the
assistance of practised and talented employees and also create value of workers for getting high
amount of profitability.
All these techniques and methods is useful for SOFTWIRE which attain desired
objectives and targets in proper manner. The facilities assist in minimising cost and time, time
consuming and unnecessary task for higher the benefits of business in appropriate manner. It will
help in giving skills to each and every one for making effective strategy to arrange their working
methods which is best suitable and appropriate in manner.
4

5

TASK 2
P4 Small scale research by using proper methodologies
For examining employees and workers demand regarding digital technology techniques
within their premises or workplace. Research require that method which have to be followed by
researcher for formulating and developing correct outcome in appropriate manner (Meredith and
Mantel Jr, 2011). By the help of this research, a investigator can convert their analytical form for
making accurate procedures of decision which is understandable and simple in nature. There are
major two techniques for finding information that are as under:
 Primary data-
 Secondary data-
The data collection method assist in making and developing correct decision for long
period of time and their main motive is to give accurate information. SOFTWIRE use both kind
of data collection method for examining digital technology which is help in expanding business
towards positive manner. There are different research methods that should taking place in
effectively that are as follows:
 Quantitative
 Qualitative
 Analytical
Researcher use quantitative and qualitative technique for identifying the correct outcome
and this can help for longer time period. It is very effective method for conducting and
measuring accurate outcome. With the assistance of such research, secondary and primary data is
useful in making proper result in systematic manner.
 Primary data- It is that type of data which need to be gathered along with many other
sources that includes questionnaire form, personal interviews and many other techniques
for doing direct conversation with people (Peters, Howard and Sharp, 2012). It will assist
in collecting such type of information or data for given them questionnaire form to their
people and it is more advantageous. Softwire make a form which conduct on 20
respondents. This will lead for giving correct views and information of various
authorities that are major part of business. By the help of this method, data is collected by
using primary sources. So it can be organised by using qualitative and quantitative
6

research methods in proper manner. It includes questionnaire, surveys, feedbacks which
are some of the normal ways which can be use for conducting primary research.
7

Questionnaire
Name:
Age:
Gender:
1. Does advancement in technology assist in manufacturing products at limited period of time?
 Yes
 No
2. Do you think the impact of advance technology for effective business growth related to
SOFTWIRE activities?
 Yes
 No
3. What are the major areas which need to be advanced digitalised in an enterprise?
 Production department
 Human resource department
 Accounting
 Promotional sector
 Sales
4. Which type of techniques is useful for store data and information of an organisation?
 Cloud technology
 The Internet of Things
 Hard disks
5. In SOFTWIRE, what form of digitalisation methods of communication are necessary?
 Social media
 Mobile technology
6. Does modern technology can help firm for producing creative goods and services?
 Artificial intelligence
 Big data analytics
Secondary research
8

According to Wilson (2014) digitalisation can be used by almost all the ventures so this
will help in increasing the productivity and profitability of the association. It also aid in
producing innovative and creative products which can attract large number of customers. An
organisation can use big analytics and artificial intelligence kinds for doing same things. As per
this outcome, company can earn high amount of profit and make good position for maintaining
their image brand within the market place of united kingdom. Firm can take use of social sites
such as Twitter, Facebook, YouTube, What's app for doing effective promotional activities in
appropriate manner for limited time period. Company can introduce cloud computing technology
for saving and sharing information efficiently. Such type of data can be store for longer period of
time for protecting them from safety and security (Wahyuni, 2012). This technology beauty is
that those data which can be accessed from any time and anywhere while connecting with
internet network. Investigator is capable for accumulating both past and current data in this
context of project topic. Books, internet, census are some of the common sources which can be
sued by researchers in proper manner. It can be considered as fast mode of collecting information
with the help of researchers and also find out proper data in effective manner.
TASK 3
P5 Analysation of research and data for using appropriate techniques and methods
Theme 1: Assistance of advancement technique for manufacturing products at less time period
1. Does advancement in technology assist in
manufacturing products at limited period of
time?
Frequency
 Yes 15
 No 5
9

Yes No
0
2
4
6
8
10
12
14
16 15
5
Column G
Interpretation: It can be analysed that advancement of technology is helpful for
increasing growth of company in the market place. This will also help in producing effective
goods and services for long time period. So firm need to adopt latest and innovative techniques
which will assist in making high level of profitability and productivity for an organisation. This
is can shown that 20 out of 15 respondents are say yes for using these technologies and methods
for manufacturing innovative products and services for the firm. Rest of the 5 respondents are
say no for such usage of latest techniques and tools in proper manner.
Theme 2: Impact of digital technology for growth in business activities
2. Do you think the impact of advance
technology for effective business growth
related to SOFTWIRE activities?
Frequency
 Yes 16
 No 4
10

Yes No
0
2
4
6
8
10
12
14
16
18
16
4
Column G
Interpretation: This is necessary for business is to adopt new and innovative technology
for gaining high growth and success in appropriate manner. Also it can be analysed that these
impact of techniques and technology assist in making higher success and growth within an
organisation. It can examined that according to the survey, 20 out of 16 respondents are said that
impact of modern technology which are adopted by company is providing effective growth and
success to the business operations and functions. Remaining 4 respondents are said that influence
of latest techniques and methods of softwire company is directly affect the business success level
and growth.
Theme 3: Requirement of digitalisation in different areas of an organisation
3. What are the major areas which need to be
advanced digitalised in an enterprise?
Frequency
 Human resource department 5
 Production department 10
 Accounting 5
11

Human resource department
Production department
Accounting
0
2
4
6
8
10
12
5
10
5 Column G
Interpretation: There are different department which need to managed and organised in
the firm for maintaining activities and functions of external affairs. Company need to focus on
those areas where manager require to make necessary changes and manage all functions in
proper manner. There are around 5 respondents who mainly focus on human resource department
where they need to recruit and select high skilled employees or workers who are doing effective
work and attain desired goals and objectives. For production department, there are approx. 10
respondents who are said that this division require to concentrate and make innovative products
which are demanding by customers for satisfy their needs and wants.
Theme 4: Needed of storage technology
4. Which type of techniques is useful for store
data and information of an organisation?
Frequency
 Hard disks 4
 Cloud technology 10
 The Internet of Things 6
12

Hard disks
Cloud technology
The Internet of Things
0
2
4
6
8
10
12
4
10
6
Column G
Interpretation: For an organisation it is necessary for adopt that method and techniques
which is useful for storing data and information in safety manner. There are three major tools
which is used for storing confidential data and information such as hard disk, cloud technology
and the internet of things. These are helpful for saving important data which are required by
company at anytime. There are around 4 respondents who are in favour of hard disk which
majorly save large number of data. Another is cloud technology where approx. 10 people are in
favour which require to store data and information related to business operations and functions.
On the other hand, for the internet of things, there are around 6 respondents who are say that this
techniques is useful for saving important collection and information.
Theme 5: Requirement of digital channels of communication
5. In SOFTWIRE, what form of digitalisation
methods of communication are necessary?
Frequency
 Social media 15
 Mobile technology 5
13

Social media Mobile technology
0
2
4
6
8
10
12
14
16 15
5
Column I
Interpretation: This is required for company is to make creative and innovative
communication channels which is necessary for the business operations and its activities.
Employees should good in communication which help them in interacting with customers and
give information about firm products and services. Softwire mainly use major two method of
communication by which they effectively promote their company goods and services to large
number of customers in proper manner. Social media help in spreading one news to whole world
people and aware about specific firm products information in easy manner. It can be analysed
that there are around 20 out of 15 respondents who are say that social media method is useful for
communicate with its customers in direct manner. Another is mobile technology is also effective
method for promoting product details, features and other information.
Theme 6: Sharing of advanced technology in creating invention based goods
6. Does modern technology can help firm for
producing creative goods and services?
Frequency
 Artificial intelligence 16
 Big data analytics 4
14

Artificial intelligence Big data analytics
0
2
4
6
8
10
12
14
16
18 16
4
Column B
Interpretation: In current time period, there are various methods and techniques which
are used for manufacturing creative and innovative products and services in proper manner. The
advancement of technology help in making and creating effective techniques for gaining
profitability and productivity. For producing products and services, it is necessary to deliver
desired goods and services to their customers. There are around 16 respondents who are use
artificial intelligence for making creative and innovative commodities in effective way. It is
helpful in gaining required profit. Another method is big data analytics which is helpful
technology for producing latest goods and services and offer to their customers in proper
manner.
P6 Recommendation
After doing concise investigation of SOFTWIRE, organisation can adopt digitalisation
for motivating their product quality and services in focused market place. By using this process,
they will be capable for providing effective services with high quality. It assist them for make
proper contact and attract large number of buyers towards its business. Latest and new
technology provide services which assist in representing new idea or thoughts in front of
customers. Digital technology aid to encourage with productivity and profitability of a employee.
This will help in seeking attraction for producing innovative and creative products and services.
By this source, firm can improve their entire production and make profitability. Digital channel
of communication that includes social media such as Facebook, twitter, gmail, What's app etc.
For this, it is necessary for using this in sound and qualified way and there are certain
recommendation are described as under:
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 An organisation need to conduct training and development session for increasing skills of
an employee.
 SOTWIRE need to focused on their core marketing area and analyse demand or needs of
customers.
TASK 4
P7 Self reflection
After doing such research of this topic, I have explain various effectiveness of digital
technology in the context of company. It is that process which is useful for the firm if they will
use it in sufficient and effective time period. In this report, I need to generate a training sessions
or program for increasing the capacity of my workers for using modern technology and
techniques in proper manner. After doing a concise research I am recommending that
SOFTWIRE is use innovation and digitalisation for their company to redesign the valuable
products and maintaining top position in effective way.
CONCLUSION
From the described report it can be analysed that Digital technology has landscape its
business structure environment. The company can easily achieve high business growth and their
potential goals and objectives in proper manner. Before starting some new project, it is important
for doing proper planning. Project management plan is effective method in which it can be
known that what is the foremost suitable way for beginning with implementation. For examining
employees and workers demand regarding digital technology techniques within their premises or
workplace. SOFTWIRE use both kind of data collection method for examining digital
technology which is help in expanding business towards positive manner.
16

REFERENCES
Books & Journals
Broekx, S. and et. al., 2011. Designing a long-term flood risk management plan for the Scheldt
estuary using a risk-based approach. Natural hazards. 57(2). pp.245-266.
Denzin, N. K. and Lincoln, Y. S. Eds., 2011. The Sage handbook of qualitative research. Sage.
Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management.
Project Management Institute.
Geraldi, J. and Lechter, T., 2012. Gantt charts revisited: A critical analysis of its roots and
implications to the management of projects today. International Journal of Managing
Projects in Business. 5(4). pp.578-594.
Hirshkowitz, M. and et. al., 2015. National Sleep Foundation’s sleep time duration
recommendations: methodology and results summary. Sleep Health: Journal of the
National Sleep Foundation. 1(1). pp.40-43.
Hwang, B. G. and Lim, E. S. J., 2012. Critical success factors for key project players and
objectives: Case study of Singapore. Journal of Construction Engineering and
Management. 139(2). pp.204-215.
Lakatos, I., 2014. Falsification and the Methodology of Scientific research Programmes.
Criticism and the Growth of KnowledgeÄ_Ä, ed. I. Lakatos and A. Musgrave (London:
Cambridge University Press, 1974).
Meredith, J. R. and Mantel Jr, S. J., 2011. Project management: a managerial approach. John
Wiley & Sons.
Peters, M. J., Howard, K. and Sharp, M. J. A., 2012. The management of a student research
project. Gower Publishing, Ltd..
Wahyuni, D., 2012. The research design maze: Understanding paradigms, cases, methods and
methodologies.
Westerman, G., Bonnet, D. and McAfee, A., 2014. Leading digital: Turning technology into
business transformation. Harvard Business Press.
Wilson, J., 2014. Essentials of business research: A guide to doing your research project. Sage.
Online
How Cloud Storage Works. 2017. [Online]. Available through :
<https://computer.howstuffworks.com/cloud-computing/cloud-storage.htm>.
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LOGBOOK
Project Logbook for the chosen
organisation: SOFTWIRE
Name of the learner: Name of the Supervisor:
Project Title: Managing Business
Successful
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
In this report, task have
been accomplished which
was accompanying with
digital technology and its
directly affects on the firm
growth level.
Yes
Yes
Yes
Any risks and / or issues
identified?
 Did you identify risks/issues
with a lack of skills required
for undertaking research
tasks?
 Did you identify any
additional risks/issues that
have an impact on the
project management plan?
No
No
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Problems encountered
 What barriers did you face?
 How did you overcome them?
In this project, needed can
be seen as high then
anticipated due to lack of
time period and other
resources of finance.
I achieved at the last
resultant by supporting of
other students and team
leaders.
New Ideas and change of project
direction
To maximise the firm
performance, it is necessary
for organise for finding out
appropriate way.
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?
I was feeling puzzling and
pressurising at specific time
period.
Yes
For getting correct and
helping the senior person
where I have to perform in
well organised manner.
I have need to solve major
issues and problems
regarding different issues
and also help in improving
common skills and abilities.
Tasks planned for next week
 Which tasks are priority? Collections of data
19

 Have you set aside sufficient
time for completion?
Yes, I got enough time
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
Template to be attached with the
report by the learner:
 What was the Project supposed to accomplish?
This project has outlined about the essential points which are
described in the report.
 Did the project succeed in its aims/ how do you know?
Specifically, please outline any evaluation and assessment
undertaken.
Yes, the project has reach its aim in successful manner and its
main motive was involved digital technology for business concern
and getting high level success and growth.
 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 had worked according to the the plan of this project which
assist in available to me for finish specific project in systematic
manner.
 What problems emerged during the project and how were they
20

tackled? Was there timely identification of issues and resolution
during the project process?
The main tough process were interpretation and sampling which
help in attaining at the time of of completion of project and their
major objectives.
 What did you learn from undertaking the project?
I had learnt that how to examine accurate data by using effective
communication procedure.
 How would you rate your performance as a management
consultant leading the project?
I will give rate 8 out of 10 to myself.
 What strengths and weakness of your performance did you
identify?
There are certain strength of mine in which problem solving
skills, main drawbacks and working hard is my communication
skills.
 How will this inform and support your continuous professional
development?
This will help in doing future research and business projects for
my career which are related to such projects. Thus, I have to use
this report for long time period.
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