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Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays

   

Added on  2023-06-14

26 Pages4529 Words391 Views
Leadership ManagementProfessional Development
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Unit 6 Managing a
Successful Business
Project
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_1

Table of Contents
Introduction.................................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1) Project aims and objectives...............................................................................................................3
P2) Project management plan..................................................................................................................5
P3) Work break down structure and Gantt chart......................................................................................6
TASK 2.......................................................................................................................................................8
P4) Conduct small scale research through primary & secondary methods...............................................8
TASK 3.....................................................................................................................................................10
P5) Present findings using different tools & techniques........................................................................10
P6) Recommendations...........................................................................................................................17
TASK 4.....................................................................................................................................................18
P7) Reflection........................................................................................................................................18
Conclusion.................................................................................................................................................19
References.................................................................................................................................................20
Appendices 1.............................................................................................................................................22
Project Log book...................................................................................................................................22
Performance Review..............................................................................................................................25
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_2

Introduction
Workplace transformation refers to using latest and updated ways to provide flexibility to
the employees so that they can perform the assigned work effectively. It facilitates the creativity
& innovation at workplace. Now, the working pattern has been changes due to global pandemic.
During the COVID-19, use of technology in business has also been increased (Meske, 2019).
The present study is about Barclays that is a well-known organization of London. It is a bank
which is headquartered in London, UK. The study will analyze how transformation is taking
place within the companies due to the impact of global pandemic. In addition, it will include
various effective strategies to deal with the impact of COVID-19.
TASK 1
P1) Project aims and objectives
Project Aim: “To evaluate the ways of transformation is taking place within companies”. A case
study on Barclays.
Research Objectives:
To acknowledge the concept of workplace transformation and the impact of pandemic on
transformation practices at workplace.
To evaluate the challenges that are faced by Barclays while introducing transformation
within the company.
To develop various effective strategies so that the negative impact of COVID-19 at
Barclays can be mitigate effectively.
Research Questions:
Discuss the concept of workplace transformation and the impact of pandemic on
transformation practices at workplace?
What are the challenges that are faced by Barclays while introducing transformation
within the company?
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_3

What are the effective strategies so that the negative impact of COVID-19 at Barclays
can be mitigate effectively?
Rational for study
The present study has been conducted to assess the impact of COVID-19 on workplace
transformation. It will help the researcher to evaluate how the working environment of a
company gets transformed to deal with the impact of global pandemic. Additionally, this will
allow the researcher to develop suitable strategies to deal with the impact of global pandemic. In
personal context, the research study is useful in terms of developing knowledge and skills such
as communication, presentation, data analysis and more. Through this, knowledge the researcher
can easily grow & enrich in the career in future period of time.
Literature Review
Concept of workplace transformation and the impact of pandemic on transformation practices
at workplace
According to Dery, Sebastian and van der Meulen, 2017, workplace transformation is
related to making use of recent and updated techniques so that the entire work process gets
easier. The workplace transformation is majorly related to increasing the flexibility within
organization where the employees can easily perform the assigned duties in an appropriate way.
Apart from this, the COVID-19 has also been increased the remote working pattern. Now,
majority of the employees are likely to perform jobs from their own convenient place. Therefore,
the global pandemic profoundly affected transformation practices within the organization.
Challenges that are faced by Barclays while introducing transformation within the company
According to George and Bajbair, 2021, Introducing transformation in the existing
workplace is not easy. The companies have to face several challenges while facilitating
transformation in the internal working environment. Resistance of the employees is a major
challenge that is faced by Barclays during the transformation. Apart from this, productivity of the
employees also gets affected due to the transformation practices as they are not significantly
familiar with the work environment. Hence, the challenges can easily affect the growth and
success potential of the company.
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_4

Effective strategies so that the negative impact of COVID-19 at Barclays can be mitigate
effectively
According to Annapurna and Murty, 2019, It is analyzed that workplace transformation
cause ample of challenges for the company. By taking suitable steps, it is possible to minimize
the impact of COVID-19 on the working practiced of the organization. Here, training is the most
crucial strategy that needs to adopt by the company to increase the potential of the employees.
Further, they can adopt monetary and non monetary motivational strategies to encourage the
workforce to work in a transformed environment. By adopting such strategies, Barclays will be
able to deal with the negative impact of COVID-19 effectively.
P2) Project management plan
It is defined as a formal document that includes all the important activities and information
required in order to conduct the study. The project management plan consist of various factors
which is given below in context to the present study:
Scope: It is analysed that the present study has wide scope as workplace transformation
allow respective organisation to maintain its performance and deal with the changing business
environment (Kerzner, 2017). In addition to this, it help company in gaining growth and success
and attain competitive advantage at marketplace.
Cost: It is one of the important factor which help researcher to conduct activities without
nay delay and issues. In addition to this, it is significant for investigator to set the budget prior to
conduct the study.
Time: It is considered as one of the vital factor that help in completion of research on the set
time frame. In the present study, a Gantt chart is developed which illustrates the activity against
time and ensure research completion on time (Lauer, 2021).
Quality: In context to the present study, the data is collected from valid and reliable sources
which show it consist of high quality information. In addition to this, the data is collected
directly from the source that leads towards positive results.
Risk: The risk associated with the present study is lack of time, unavailability of resources,
ineffective time management and many more (Moradi, Kähkönen and Aaltonen, 2020). By
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_5

developing and analysing the risk before starting the study assist researcher to develop a backup
plan and deal with risk in an effective manner.
Communication: It is the basic requirement in order to complete the study as per the
guidelines. It is significant to communicate the purpose, objective and aim behind conducting the
research to the stakeholders. Moreover, it is the responsibility that investigator have to
communicate project activities with the stakeholders in an effective manner.
Resources: It is analysed that it is vital for researcher to ensure availability of resources in
an effective manner (Bower, 2017). The resources are finance, stationery, laptop, skilled
employee and many more. All this help in execution of activities without any issues and delays.
P3) Work break down structure and Gantt chart
Gantt chart
It is referred as a chart that illustrates all the project activities against the time period. It is
determined that Gantt chart includes the initial time and ending time of every activity which help
in completion of study within given time frame. The Gantt chart for present report are as follows:
Managing a Successful Business Project on Workplace Transformation: A Case Study on Barclays_6

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