How to Manage a Success Business

Added on - Dec 2020

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MANAGING
SUCCESSFUL BUSINESS
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Aims and objectives of organisation......................................................................................1
P2 Plan of project management...................................................................................................2
P3 A Gantt chart and work breakdown structure to give stagesand time framesfor
accomplishing.............................................................................................................................4
TASK 2...........................................................................................................................................6
P4 Small scale research implementing qualitative and quantitative methods.............................6
TASK 3..........................................................................................................................................10
P5 Research analysis.................................................................................................................10
P6 Recommendation of study...................................................................................................20
TASK 4..........................................................................................................................................20
P7 Self reflection of the work...................................................................................................20
CONCLUSIONS............................................................................................................................21
REFERENCES..............................................................................................................................22
INTRODUCTION
Technology means to sum up the skills as well as strategies which are used by business
within the manufacturing process. Enterprise operations technology is again defining it in an
effective manner where enterprise functions are carry out (Ahmed Dine Rabeh, Jimenez-Jimenez
and Martínez-Costa, 2013). Medium as well as small sized business are using a digital
technology for accomplishing activities within the market successfully by mega corporations. It
is monitored that technology assist at a time of making enterprise operations as well as goods
more efficiently and profitability. Talent plus is adopting technology as it is an agency of
placement operating within United Kingdom is giving employment to 80 employees. In this
report, they are focusing on using a technology along with that it includes aims and objectives of
this research. In this small scale research will organise to collect information as well as analyses
of organisation by giving suggestions. In last, technology aid in continuing business operations
which can be analysed.
TASK 1
P1 Aims and objectives of organisation
Technologyisacollectionofdifferentprocess,skillsandtechniquesthataidin
manufacturingaproductwithincompany.Enterprisetechnologyismodifyingawayof
manufacturing a firm’s product. Small enterprise initiates the technologies of business for
developing a competitive benefit within a market. They are using websites, servers, computers
anddigitalgoodsfordecliningthecostofenterprise.Intoday'sworldoftechnology,
environment of market has become much dynamically. It is demanded by firms to make its
production as well as operations more properly for ensuring their sustainability within future
market (Chesbrough, 2010). Enterprise technology aid small firms to improve their process of
communication and production by its several apps such as personal digital, websites, texting and
e-mails. By technology development, companies are able to achieve the position of superior
within marketplace. It is proved that it is beneficial for firms to run its activities or operations in
a proper way and improve its efficiency as well. Physical resources such as operators as well as
machines linked with digital technology then it automatically run their function in an effective
manner by saving time. It assists in increasing buyers of their companies that achieve better
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results of financial as well. Companies can be large or small, new one or established, only its
skills of technological aid to meet competitive benefits within market.
Talent plus is a leading partner of assignment within businesses. It is an agency of
consultancy that provide skilled HR in others companies which is getting an advantage in terms
of sales performance, engagement, retention, profitability etc. This organisation also organises
the research within market that assist several firms in the process of decision making. They are
using advanced technology within employees. These technologies assist enterprise in enhancing
worker’s productivity as well. Hence, important aims as well as objectives of this assignment are
given below:
Aims:“To investigate influence of technologies on small enterprise in its growth and innovation-
case study on Talent Plus”
Objectives:Important objectives of this assignment are:
Determine advantages of applying digital technologies within company.
Evaluating influence of digital technology on enterprise.
Analysing the relations of enterprise growth by applying advanced technology.Recommendations by which control of technologies can be approached.
Research questions
How to determine the advantage of applying digital technology within enterprise world?
How to evaluate the influence of technology which is applied on enterprise operations?
How to analyse relations of enterprise innovation and growth in a company by using
latest technology?
What are the ways by which enterprise can apply within the company?
P2 Plan of project management
Planning a project management is approved as well as formal documents creates by the
team of managers within the company. This plan is made by company, how they can execute a
project, controlled as well as monitored (Crane and Matten, 2016). It consists full baselines
summary, plans of subsidiary management and others planning of companies documents. These
documents which are planned are mainly used for defining methods of project team that they
have undertaken for increasing its scope. It involves the following points given below:
Configuration and change management plan
Need of management plan
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Management plan for aspects such as human resource, quality, cost, schedule, scope etc.
Process of improvement planning
Hence, it is a set of tactics as well as tools which are adopted to ensure the companies
activities which are undertaken as set results or not. Talent plus, which involve with applying HR
in other companies is observing several projects. It is adopted by this organisation which are
mainly undertaking with modifications in firms which has become a main cause of operations
failing. This assignment is difficult one which is dealing with an experienced employee within
their companies. The current assignment is given in a careful way that involve all main
components and ensure that there are very less chances as well as hindrances of failure.
Cost:It is referring to all company’s expenditure which is held at a time of executing
a project. This current organisation like as Talent Plus, is monitoring the whole
culture of a firm (Den Hertog, Van der Aa and De Jong, 2010). This process consists
of formulation of new policies and practices, education, training and development etc.
Hence, it is a very expensive process for Talent Plus.e.g. Cost of executing a project
by using latest technology is used by Talent Plus organisation and its cost $2000 for
accomplishing all the activities.
Scope:Itisreferringtoentireprocessoffunctionsthatareundertakingfor
accomplishing a project in a proper manner. To apply a productive culture within all
staff members, Talent Plus require to take several steps such as discuss as well as
inform about modifications with workers, use of latest technologies, organising
factors etc.
Time:Managing it on proper time is a main factor in executing a plan of project
successfully. Hence, Talent Plus require to encourage its employees to execute a plan
within a given time period. Modifications in culture should be provided an adequate
time so that they can accomplish it in a proper way. e.g.Talent Plus need 6 Months
for achieving the goals and objectives of new project.
Risk:Culture modifications have undertaken several risks. To implement these
changes, it requires various efforts that purpose is to use a new way of doing a work
and removing the traditional approaches. Therefore, if new modifications functioning
is getting failed to achieve a success then it will disrupt the whole activities of
enterprise. It will also take a time in achieving a defined certainty. Result of this risk,
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company require to establish new digital technology that assist in better training as
well as learning of workers (Eckerson, 2010).
Quality control:Maintenance of quality is a main aspect of managing a project.
Hence, manager of project requires to plan all functions by concerning quality of
goods initially. Thus, Talent Plus can ensure in managing a right employees staff
within the company. So they can maintain their image as well as their brand name of
Talent Plus.e.g.Talent Plus have to manage their project effectively by adopting
latest technology to ensure the quality of their goods and services.
Modifications in company’s culture can adopt successfully if project management give
proper quality of learning as well as training platforms. It also aids them in managing a project
quality.
P3AGanttchartandworkbreakdownstructuretogivestagesandtimeframesfor
accomplishing
There are several enterprise tools which are applied at a time of doing a project plan. It is
a very difficult project so it is breakdown into certain elements which are bounded by its time
limit (Gebauer, Edvardsson and Bjurko, 2010). It can be accomplished by allocating all functions
in a given time period. It will assist in completing of project in an effective way.
Work breakdown structure
For accomplishing a project within a time limit, this system assists in breaking down of
business activities so it can achieve within a given span of time. This structure component may
be service, data, product and so on. It also gives a model for detailed estimating of cost and
controlling it. Instead of guiding a whole project, monitoring as well as managing a division of
hierarchical which can be accomplished more properly. Modifications in company culture can
undertake by firms with breaking its functions in training and development, education etc. It will
enhance the worker’s performance along with that company as well aid in competing with rivals
within a market effectively (Incelli, 2013). Hence, Talent plus had make a several departments
which are responsible for accomplish a project successfully. A company’s breakdown structure
is dynamically changing the firms culture is discussed below:
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