logo

UNIT 6: Managing Successful Business (MSB) Assignment

   

Added on  2020-12-24

25 Pages4230 Words123 Views
UNIT 6: MSB

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................11. Background and purpose of project.........................................................................................12. Project management plan.........................................................................................................23. Work Break down structure and Gantt chart...........................................................................64. Applying qualitative and quantitative research methods.........................................................95. Analyse of research and data collected..................................................................................126. Recommendation and conclusion..........................................................................................167. Reflection...............................................................................................................................17REFERNCES.................................................................................................................................18APPENDIX....................................................................................................................................191

TABLE OF FIGURESFigure 1: Project management plan.................................................................................................3Figure 2: Work Break down structure.............................................................................................6Figure 3: Gantt chart........................................................................................................................9Figure 4: Use of digital technology within all departments..........................................................12Figure 5: Reason for use of digital technology..............................................................................13Figure 6: Limitations of digital technology...................................................................................14Figure 7: Continental Consulting Limited making prevention with use of digitalization.............15Figure 8: Recommendation of ways in which Continental Consulting Limited could besuccessful to implement digital technology...................................................................................162

INTRODUCTIONDigital technology which is supporting growth and innovation within business units isvery much essential to be implemented in a proper manner (Loebbecke and Picot, 2015). Smallbusiness is mostly a source of innovation, great ideas and creativity as they know how toimplement technology within organisation.This particular research project deal with impact of digital technology which issupporting small business growth and innovation especially in company like that of ContinentalConsulting Limited. It is a SME firm working in market for past 8 years with having expertise intheir field of research and business consultancy that is headed by Mario Bindas as CEO.Continental Consulting Limited is a company which deals with process re-engineering andpotential customers of London and Greater London.MAIN BODY1. Background and purpose of projectBackground of report:Digital technology is very much influential factor in starting and operating business inthis current era which is known to as time of innovation and use of latest technologies. Digitaltechnology will include various kinds of applications and electronic equipment which mainlyuses data in form of numeric code. All kind of information that are gathered and used bycompanies will be in form of numeric code which will then be converted into analogy so that it iseasy to understand (Scuotto, Bresciani and Del Giudice, 2017). This report will coverContinental Consulting Limited which is a consultancy firm operating in UK for last 8 yearsserving customers of London and utilising digital technology as well. So this report will examineimpact of use of technology on growth and innovation of SME especially in ContinentalConsulting Limited.Background of Continental Consulting Limited:Continental Consulting Limited is a company which is based on research and businessconsultancy and re-engineering and its customers mainly include SME companies which are inmanufacturing business. Innovation and technology plays a very important role within workingand operation of company as there are rapid changes in IT sector of country. ContinentalConsulting Limited is having expert and experienced employees in field of consultancy but then3

also company is lacking behind its competitors. There is very much need of up gradation of ITinfrastructure of company as this is their main weakness which is not allowing them to capturemarket.Aims:Impact of digital technology supporting small business growth and innovation that isespecially tailored to: Continental Consulting Limited UK.Objective:To identify need of innovation within business operations of Continental ConsultingLimited UKTo analyse impact of digital technology within growth and innovation of ContinentalConsulting Limited UKTo recommend ways in which company is able to successfully implement digitaltechnologyResearch Question:1.What is the need of innovation within business operations of Continental ConsultingLimited UK?2.What are the impact of digital technology within growth and innovation of ContinentalConsulting Limited UK?Purpose of project:The main purpose of this project is to identify needs of innovation within businessoperations of company with analysing impact of digital technology into growth and innovation.As technology is playing very important and essential role in bringing awareness andinformation for all aspects of company so it is required to ensure that company is focusing on it.The impact of technology is there on all business activities of Continental Consulting Limitedincluding HR, finances, marketing, production and operations.2. Project management planThe plan which is used to manage whole project starting from initiation to closuredefining actions that are necessary like that of integrating, preparing and coordinating of all otheractivities will be called to as Project Management Plan (Burns, 2016). It will comprise of allmajor steps of project which are both important and essential to be included for conductingsuccessful project. This plan will be including components such as cost, scope, time, quality,4

communication, risk and resources. But will be having 5 steps which are need to complete thewhole project.Figure 1: Project management plan[Source: 5 Phases of Project Management, 2018]Project initiation- This is starting phase of any of project at which goal and aims of project willbe set including wider phase of level as well. Due diligence on part of stakeholders will be donein this phase so that they could decide over when to start the planning of project.Project planning- Under this step manager of project will focus on which plan to be followed ineach of the part and section of project with setting up of SMART objectives 5 Phases of ProjectManagement, 2018). This step will have scope statement, work breakdown structure, milestones,Gantt chart, communication plan and risk management plan as well.Project execution- This will be actual starting of project at which tasks will be divided amongemployees as per their task and assigning of resources. Execution will be done based on aimsand objectives with given budget allotted to each team so that whole assignment could becompleted within given timeframe as well.Project monitoring- Under this stage measurement of project present steps with the set aims andobjective is done so that it could be analysed that whether work is going according to planning ornot (Uyarra, Shapira and Harding, 2016). Key Performance Indicators are used by managers ofproject so that they could determine progress and measure performance also.5

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Work Breakdown structure and Gantt chart (Doc)
|26
|5496
|419

Managing Successful Business Project - Solved Assignment
|25
|5819
|81

The Impact of Digital Technology on Small Business Growth and Innovation: A Case Study on Continental Context
|26
|5443
|351

Managing Successful Business Projects
|28
|6039
|417

Managing Successful Business Project Assignment - (Doc)
|26
|5335
|276

Managing Successful Business Project- Continental Consulting Limited
|28
|5648
|338