This presentation provides an overview of managing a successful business project. It covers the aims and objectives, project management plan, research methodology, data interpretation, and conclusion. The subject is business management.
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MANGING A SUCCESSFUL BUSINESS PROJECT
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TABLE OF CONTENT INTORDUCTION AIMS AND OBJECTIVES PROJECT MANAGEMENT PLAN RESEARCH METHODOLOGY DATA INTERPRETATION CONCLUSION REFERENCES
INTRODUCTION Overview of company- Gordon Ramsay Restaurants is located in United Kingdom, United States, New Jersey. The company own various types of restaurants. It was founded in year 1998. The restaurant offers high quality of food items for target segment of customers. It also offer services in Las Vegas, Baltimore etc with a set of unique dining experience to customers.
AIMS AND OBJECTIVES Aim To measure the challenges and issues that arises due to lack of equality and diversity in work place. A case study of: Gordon Ramsay Restaurants Objectives To identify the concept and importance of diversity and equality. To identify the issues faced by Gordon Ramsay restaurants due to inadequate diversity and equality in workplace. To evaluate the measures taken to solve challenges that may arise out of equality and diverse workforce in Gordon Ramsay restaurants. To analyse the potency of the methods used to solve issues that arises due to inequality and lack of diversity.
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CONTINUE Research questions- What is the concept and value of diversity and equality. WhatarethechallengesandissuesfacedbyGordonRamsayrestaurantsdueto inadequate diversity and equality in workplace. What are the measures taken to solve issues and challenges that may arise out of equality and diverse workforce in Gordon Ramsay restaurants. What is the effectiveness of the methods used to solve issues that arises due to inequality and lack of diversity.
Project management plan Cost- ActivitiesCosts (£) Expenses on stationary items200 Expenses on conducting research350 Expenses on printing.70 Costrelatedwithdeveloping questionnaire 90 Total710
CONTINUE Scope- The scope of this research is to describe the major deliverable of work that helps to conduct further research. The scope of the research is to study challenges and problems that arises at the workplace due to lack of equality and diversity. Risk- It refers to the uncertainty, probability of the loss. Risk management plan is an important component of project management plan that helps to determine and give priority to the risks that may arise while conducting research. There are various types of risks like activities may take long time than expected time.
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RESEARCH METHODOLOGY Type of methodologyMethodology used Research typeThe researcher has used qualitative research type for conducting the study. Research approachThe researcher has selected inductive research approach. Research philosophyResearcher has chosen interpretivism research philosophy. Data collectionResearcher has chosen both primary and secondary methods of data collection. SamplingResearcher has selected 30 employee's of the company on the basis of simple random sampling. Data analysisResearcher has selected 30 employee's of the company on the basis of simple random sampling.
LITERATURE REVIEW Theme 1:To identify the concept and importance of diversity and equality. AccordingtoBurchardtandDustin(2016)equalityreferstotheprovidingequal opportunities to everyone that are working in the organization and not treated people on basis of race, caste etc. It is important because it helps to improve job satisfaction of employee’s. Theme 2:To identify the issues faced by firms due to inadequate diversity and equality in workplace. As per the view of Eskerod and Jepsen (2016 ) there are various issues that firms have to face due to lack of equality and diversity. Such as it increases labour turnover, negatively affects the growth and development of company.
CONTINUE Theme 3:To evaluate the measures taken to solve challenges that may arise out of equality and diverse workforce. According to Etikan, Musa and Alkassim (2016 ) management should accept and respect the difference among various employee's. Further, there must be proper communication between employee's and management of the firm. Moreover, training should be provided to managers to resolve issues. Theme 4:To analyse the potency of the methods used to solve issues that arises due to inequality and lack of diversity. Diversity training will help business to improve employee retention, productivity and engagement. This will also help to improve performance of the employee's. It also helps to hold people accountable for actions.
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DATA ANALYSIS Do you have any knowledge of equality and diversity ? Frequency Yes10 No20
CONTINUE According to you what are the issues faced by Gordon Ramsay Restaurants due to lackofdiversityand equality ? Frequency Increase in miscommunication10 Creation of barriers10 Increase in discrimination5 All the above5
CONCLUSION It has been concluded that the major aim of project management plan is to foresee risks and problems as possible and to make plan for controlling and monitoring the activities that helps to completed project effectively. Project management plan is the document that is used to explain various stages of the project . It involves planning, monitoring, closing, controlling etc. Equality and diversity refers to providing equal opportunities to all the employee's that are working in the company. There are various issues that company has to face due to lack of equality and diversity such as increase in miscommunication, negative impact on growth of firm etc.
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RECOMMENDATION It is recommended that restaurant should provide training to the managers to improve diversity and equality at the workplace. Further, it should promote transparency in communication.
REFERENCES Burchardt, T. and Dustin, M., 2016. equality and human rights.Journal of Poverty and Social Justice.24(1). pp.3-5. Eskerod, P. and Jepsen, A. L., 2016.Project stakeholder management. Routledge. Etikan, I., Musa, S. A. and Alkassim, R. S., 2016. Comparison of convenience sampling and purposive sampling.American journal of theoretical and applied statistics.5(1). pp.1-4. Glesne, C., 2016.Becoming qualitative researchers: An introduction. Pearson. One Lake Street, Upper Saddle River, New Jersey 07458.