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Managing a Successful Business

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UNIT 6 MSB INTRODUCTION 1 MAIN CCL BODY1 Aims and Objectives 1 Project management plan1 Work breakdown structure and Gannt Chart 4 Quantitative and qualitative research methods5 Data Analysis and Interpretation 6 Recommendations 14 Reflection 15 CONCLUSION 15 REFERENCES 16 INTRODUCTION Managing a successful business is a very tedious task for an organization. Scope: the scope of the project and the implementation of the research process that is been taken in the manner that will help the organisation to carry out the proper management and

Managing a Successful Business

   Added on 2020-10-22

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UNIT 6 MSB
Managing a Successful Business_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................1Aims and Objectives....................................................................................................................1Project management plan.............................................................................................................1Work breakdown structure and Gannt Chart...............................................................................4Quantitative and qualitative research methods............................................................................5Data Analysis and Interpretation.................................................................................................6Recommendations......................................................................................................................14Reflection...................................................................................................................................15CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
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INTRODUCTION Managing a successful business is a very tedious task for an organization. Looking at theadvancement of the technological tools and techniques, many technical operations are been takenin the consideration that will help in suitable management of the business activities andoperations (Ashley and Tuten, 2015). For the project report, Continental Consulting Ltd is beenchosen. It is a UK based research and consultancy operating in London.The research report will present the aim and objective of the research process that aidbeen taken in consideration by the organization. The concept of cost, scope, time, quality,communication, risk and resources. An effective work breakdown structure and Gannt chart isbeen presented. The qualitative and quantitative research processes are been analyzed with theproper assessment of the data received. Other than this, effective recommendations with areflection over the research process.MAIN BODYBackground and purpose of projectThis project is been carried out to identify the main impact of technologies and otherbusiness operations that will help in setting up of the various form of digital technologies andtools. This will also help the company to adopt innovative tools and techniques. The mainpurpose of the organization will help the firm to carry out the business operations and activitiesin much suitable and innovative digital tools and techniques that are been undertaken for theorganization.Aims and ObjectivesAim:“To analyse the impact of social media and mobile technology in supporting communication forsmall business growth and innovation that is especially tailored to Continental ConsultingLimited.”Objective:To identify the importance of social media and mobile technology.To identify the impact of the social media and mobile technology on the operations of abusiness.1
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To analyse the impact of digital technology and social media on the activities of theContinental Consulting Limited. Project management planAn effective project management is required to be developed by CCL to look after theproper management of the business operations and action plans that will help the organisation tocarry out the action plans that are been set by the organisation (Verhoef, Kannan and Inman,2015). This is important for an organisation as it leads the firm to have a distinctive plan andstrategy to follow and achieve the objectives and operations in more effective way.This will helpthe organisation to have the proper scheduling of the activities and operations that are required tobe performed by an organisation to carry out their research and analysis process. Besides this, itwill help a scholar or data analyst to gather the vital resources and other tools for carrying out theresearch and analysis process and make the necessary preparations for it (Tiago and Veríssimo,2014). Other than this, it leads to the effective assessment of the risk factors and the otheroperational or research constraints that are been taken in consideration by the organisation tohave a good and effective placing of the business activities and action plans.Various constraint are been taken in constraints while producing the project managementplan, that are required to be taken in consideration by the organisation. Some of the major factorsand operations that can impact the chosen project are:Cost: The costing of the financial constraints are required to be taken in consideration bythe organisation and the data analyst or scholar in an effective and efficient manner(Urry, 2016). The financial or costing measures are required to be managed in order tocarry out the business operations and action plans more effectively. The scholar andselected organisation has to look after the proper management of the financialrequirements of the research process carried out at CCL. The research project that is beenselected will require the amount of $600 to carry out the implementation of digitaltechnologies.Scope: the scope of the research process that is been carried out is required to bemanaged and maintained that will help the organisation to handle the business operationsand activities in much effective and suitable manner (Bianchi and Andrews, 2015). Theresearch process will not only fulfil its current scope but will also improve the future2
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scope of the organisation and the scholar by improving their knowledge and the carryingout of the business operations in much effective and significant manner. The forecasteduse of the technologies and the tools and techniques that are been undertaken within theorganisation have a wider and vivid scope as it will help the firm to carry out the businessoperations and will help the firm to have a good communication with customers.Time: This is the major constraint which requires the proper management by theorganisation (Turban and et.al., 2015). The scholar and selected firm is required to havethe better management of the business operations and activities and setting up of theeffective goals and operations that will help the firm to meet its operational requirementswithin the organisation in much effective and significant manner. The effective andsignificant scheduling will be done and the research process will be carried out dependingon the plan that is been managed by the firm. This project will take 25 days of time to getcompleted.Quality: Effective quality standards to carry out the research will be taken inconsideration by the CCL and the scholar to identify the impact of social media andmobile technology on the research process (Scott, 2015). The high quality tools andtechniques with the assessment tools will help the organisation to carry out the businessoperations and action plan that will help the firm to manage the research activities andhandling of the data analysis process. Beside this, it will help in improving the quality ofproducts and services in much effective and significant manner.Communication: Effective clear and precise communication or interaction is required tobe taken in consideration in order to carry out the research project and other businessoperations with much efficiency and effectiveness (Gandomi and Haider, 2015). A goodcommunication process will help the firm to carry out the business operations andactivities that will help in the placing of the effective handling of the research process andthe data assessment process that is been taken in the consideration by the firm. It willhelp the firm to improve the quality of products and services that are been taken inconsideration by CCL to connect with its customers.During the research activity in theprocess, various communication measures like telephonic calls, mails and text3
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messages are been taken within the consideration that will support the properplacing of the research process within CCL.Risk and resources: The CCL and the scholar along will see through the datamanagement and assessment process that will help the firm to manage the businessoperations in much effective and significant manner (Jayaram, Manrai and Manrai,2015). The proper assessment of the risk factors will help the firm to carry out thebusiness operations and thus will help the firm to take suitable preventive measures toachieve the effective targets, goals or objective. Besides this, the proper management ofthe resources that are been implemented within the organisation for the research processwill help the firm to carry out the research process in much effective and suitable manner(Xiang, Magnini and Fesenmaier, 2015). Any constraint leading to the failure of theresearch allocation process will cause the adverse effect on the data analysis processcarried out at the firm. The use of social media and mobile technologies are susceptible tothe data leakage or privacy threats which are required to be managed by the CCL to havea good growth and customer communication.Project PlanTask NameDurationStartFinishPredecessorsWBSCostFormulating research topic2 daysTue 30-10-18Wed 31-10-181$0.00Preparing aim and objectives2 daysThu 01-11-18Fri 02-11-1812$110.00Writing background of study3 daysMon 05-11-18Wed 07-11-181,23$90.00Implementing research methodologies2 daysThu 08-11-18Fri 09-11-1834$100.00Data collection through sources4 daysMon 12-11-18Thu 15-11-183,45$120.00Examining data 3 daysFri 16-11-18Tue 20-11-184,56$60.00Interpreting data for gathering results2 daysWed 21-11-18Thu 22-11-1867$20.00Writing Conclusion and recommendations2 daysFri 23-11-18Mon 26-11-1878$70.00Submitting report1 dayTue 27-11-18Tue 27-11-187,89$20.004
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