Implications of Digital Technologies on Small Medium Enterprise's Performance : Case Study
Added on -2020-07-22
| 47 pages| 11706 words| 22 views
Trusted by 2+ million users, 1000+ happy students everyday
Showing pages 1 to 8 of 47 pages
RESEARCH PROJECT
Contents Contents...........................................................................................................................................2 CHAPTER 1- INTRODUCTION....................................................................................................1 1.1 Overview of research.............................................................................................................1 1.2 Background of research.........................................................................................................1 1.3 Research Aims and Objectives..............................................................................................2 1.4 Research Questions................................................................................................................2 1.5 Research Significance............................................................................................................3 1.6 Gantt chart.............................................................................................................................3 1.7 Rationale of research.............................................................................................................5 CHAPTER 2- LITERATURE REVIEW.........................................................................................5 2.1 The usefulness of digital technologies in present scenario....................................................5 2.2 Identify methods that can be adopted by company for boosting performance of company..6 2.3 The impact of integration of digital technologies on effectiveness of Intellectsoft UK........7 2.4 Ways that can be used by Intellectsoft UK for enhancing their performance and gain competitive edge in market by using digital technology.............................................................8 CHAPTER 3- RESEARCH METHODOLOGY.............................................................................9 3.1 Type of Investigation.............................................................................................................9 3.2 Research Design..................................................................................................................10 3.3 Research Philosophy............................................................................................................11 3.4 Research Approach..............................................................................................................12 3.5 Data Sampling.....................................................................................................................12 3.6 Data Collection:...................................................................................................................13 Validity and reliability...............................................................................................................14 3.7 Data analysis........................................................................................................................15 3.7 Ethical Consideration...........................................................................................................18 CHAPTER 4: DATA ANALYSIS..................................................................................................1 5 Findings to stakeholders.........................................................................................................16 Covered in PPT..........................................................................................................................16 6. Recommendation...................................................................................................................22 7. Self-reflection........................................................................................................................23
Topic: “To examine the implications of digital technologies on performance of small medium enterprises. A case study on Intellectsoft UK” CHAPTER 1- INTRODUCTION 1.1 Overview of research Digitalisation has changed the way whole business use to function and it has enabled companies in attaining their objectives. All the organisations are focused on ensuring that each task is completed in efficient way and profitability can be maximised. These days’ organisations need to adapt and integrate changes that are taking place within a market place. it is very essential for them to make sure that they are prepared to face off contingencies(Oldham and Da Silva, 2015). If companies do not take on changes in a desired way, then they will suffer huge losses. There are have been many changes in market which has made operations of business organisation very difficult. Intellect soft is software development company in United Kingdom is consider in this research. Company develop mobile app and custom software as per the requirements o its clients. 200 employees work in company. mission of company is to help global firms to deal with new technology like cloud computing, artificial intelligence, internet of things and many more. This research work is based on Intellect Soft which is a telecom solution provider as well as marketing agency. It assists business houses in gaining more influence over market forces and ensure that they are able to target right consumers at the right time. It is an organisation that has been impacted by digital technologies. They had to make changes in their marketing styles and ensure that they are able to prepare campaigns for their consumers in a desired manner. 1.2 Background of research This report is stated to be based on examination of implication that are there on company performance due to digital technologies. In this study it will be evaluated as how different changes in digital technology has impacted companies’ capabilities and effectiveness. Today, digitalisation has changed how business units used to function. This is why each and every organisation is investing huge sum of money in it(Purcell, Buchanan and Friedrich, 2013). Intellect Soft is one of those which has made extensive changes in its functions and capabilities due to frequent improvement in digital technologies. They understand that it is very vital for 1
them to keep up with new technology as to ensure that they are able to attain higher market share. Intellect Soft is a UK based organisation that is trying to expand itself in a global arena. For this they need to integrate digital technologies in their core process as to attain better market capabilities. Intellectsoft is a technology company, it offers software facilities and allows an individual or business to receive payment with the help of internet sources. The company mainly deals in technical, fraud prevention and banking infrastructure which is required to operate on- line payment system. Asa technological company, Intellect Lid is widely concern on applying advance and innovative technologies in order to developing the operations of the firm at global level. Digital technologies like internet sources, mobile application, web pages, social media sites etc. are used by organisation as to enhancing its market reach and company can easily make advancement in their services. The advancement in technologies is effective for Intellectsoft UK. to attain higher profitability by satisfying the needs and wants of customers through offering online facilities. Intellectis a privatly owned company which is founded in the year of 2011 by Patrick Collison and John Collison. The company is mainly offering the services in Payments, subscription, connect, sigma, relay, atlas, radar, issuing etc. the headquarter of Intellectsoft UK is in San Francisco, Clifornia. 1.3 Research Aims and Objectives Aim: “To examine the implications of digital technologies on performance of small medium enterprises. A case study on Intellectsoft UK” Objectives: To analyse the usefulness of digital technologies in present scenario. To identify methods that can be adopted by company for boosting performance of company. Tomeasuretheimpactofintegrationofdigitaltechnologiesoneffectivenessof Intellectsoft UK. To find out ways that can be used by Intellectsoft UK for enhancing their performance and gain competitive edge in market by using digital technology. 1.4 Research Questions How the effectiveness of digital technologies can be measured in given scenario? 2
Which components can be used by organisation to boost its own performance in dynamic market? In what ways changes in digital technologies have impacted effectiveness of Intellectsoft UK? What methods need to be adopted for boosting performance of Intellectsoft UK to attain competitive advantage within given market environment? 1.5 Research Significance The research project is based upon implications of digital technologies on organisation performance and productivity. It means there is a brief analysis of how digital tools and techniquesaffectproductionprocessofbusinessunits.IntellectsoftUK.,isasoftware development company which focus more on latest technology. Along with this, the firm provides facility of fraud prevention which is required to operate online payment systems.Thus, adoption of new technologies assists the company to accomplish high competitive edge and also ensure that all tasks are done a set time period. Although, digital technologies will allow organisation in attaining better productivity and market growth. It will also improve quality of output and increase profitability. 1.6 Gantt chart 3
4
1.7 Rationale of research This research is done to examine the benefits of implementing digital technology at workplace.It makesthe organisationsaware about the benefitsof use digitaltoolsand techniques for perform business activities. Overall this research is done to explore why it is essential for today’s enterprises to implement digital technology at workplace and workplace and the benefits it provide to enterprise. CHAPTER 2- LITERATURE REVIEW This is a part of research work that is concerned with analysis of various aspects and factors. It allows investigator in setting a path that he can follow in completing this study with better results. It also clears any doubts that are there in his mind regarding various concepts(O'Keeffe and Clarke-Pearson, 2011).This part of study will state about different topics in brief manner and different viewpoints will be stated. Different books, journals and articles related with the main topic of research is used in this research in order to complete the literature review. Books and journals help in collect the views about different authors and writers on the same topic which help in draw valid conclusions. Matrix management system: It is the one in which multiple control structure and multiple command exist and employees have dual bosses and dual roles and responsibilities. Intellectsoft has matrix organisation structure because of their types of business operations. For day to day operations, they report to one boss and they also report to another boss, departmental head for their functional responsibilities. Advantages of matrix management:This type of organisation management ensure effective of available business resources. Further, it helps in retain skilled employees for long time period. Fast flow of information is another benefit of this type of organisation structure. Disadvantageofmatrixmanagement:Matrixorganisationmanagementincrease organisationalcomplexity.Thisrequirehighdegreeofcooperationbetweenprojectand functional management. 2.1 The usefulness of digital technologies in present scenario Digital technology is very important and need to be used by each and every organisation forcomplimentinghumanskillsandabilities.AccordingtoWoodandet.al.(2012), digitalisation and introduction of new equipment’s has changed the way companies use to 5
Found this document preview useful?
You are reading a preview Upload your documents to download or Become a Desklib member to get accesss