Project: Assessing Digital Technology Impact on Talon Outdoor's Growth

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Added on  2020/11/23

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AI Summary
This project examines the impact of digital technology on the growth of small businesses, using Talon Outdoor as a case study. The project begins with aims and objectives, outlining the rationale for the study and research questions. It includes a detailed project management plan, a work breakdown structure (WBS), and a Gantt chart to illustrate the project's timeline and resource allocation. The research employs a mixed-methods approach, utilizing both qualitative and quantitative research methods to gather data, including questionnaires to collect primary data. The analysis section presents the results, interpreting the data through various themes. Finally, the project offers conclusions and recommendations based on the research findings, providing insights into how digital technology influences business performance and suggesting strategies for further development and innovation in the context of Talon Outdoor and similar small and medium-sized enterprises (SMEs).
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Managing a Successful
Business Project
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Table of Contents
TOPIC: To assess impact of digital technology to make growth in small business enterprise – A
Case Study on Talon Outdoor. ........................................................................................................1
PART 1............................................................................................................................................1
P1 Aims and Objectives..............................................................................................................1
P2 Project management plan.......................................................................................................2
P3 WBS and Gantt chart ............................................................................................................4
PART 2............................................................................................................................................7
P4 Small scale research through applying qualitative and quantitative research methods to
meet with aims and objectives....................................................................................................7
PART 3..........................................................................................................................................17
P5 Appropriate tools and techniques.........................................................................................17
P6 Conclusion and recommendation.........................................................................................17
P7 Reflection through undertaking research.............................................................................17
REFERENCES..............................................................................................................................19
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TOPIC: To assess impact of digital technology to make growth in small
business enterprise – A Case Study on Talon Outdoor.
PART 1
P1 Aims and Objectives
Background
Digital technology is most important aspect that assists to make successful business
operations. In this regard, business will get several benefits through implement different
activities and tasks at workplace. There are different tools and techniques has been carried that
assists to develop significant advantages in the business (Ahern, Leavy and Byrne, 2014). With
the help of digital technological tools, the company able to make high growth and successful
business consideration as well. It is the best way to promote and interact customers in the
enterprise. It assists to make changes in the company that help to develop efficiency and
effectiveness as well. In this regard, enterprise able to compete with other companies easily.
Hence, successful results will be attain with integrated business marketing (Ballaro and
Washington, 2016).
Rationale
Talon Outdoor is small sector enterprise which consider their operations in UK. In
respect to make wide business, it is essential to implement different activities that increase
effectiveness in the company and make wide operations in the company as well. It is the best
way to develop target market and attain potential candidates in the company. In order to conduct
present study, there are several benefits has been implemented that assists to focus on creativity
and performances. Brand images of the company also increasing to meet with desired aims and
objectives. Present study help to the enterprise to implement new activities which support to
small enterprise with creativity and innovations (Allen, 2014).
Aims and objectives
Aim: “ To assess impact of digital technology to make high growth in small business enterprise –
A Case Study in Talon Outdoor.”
Objectives:
To analysis implementation of digital technology in SME with innovations and creativity.
1
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To execute significance of innovation and creativity to make creative results at
workplace.
To identify relationship between innovations and growth of Talon Outdoor. To implement recommendation for business growth and development.
Research questions
How to implementation digital technology in SME with innovations and creativity?
How to execute significance of innovation and creativity to make creative results at
workplace?
How to identify relationship between innovations and growth of Talon Outdoor?
How to implement recommendation for business growth and development?
P2 Project management plan
2
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Task Name Duration Start Finish Predecessors
Research Project
Planning
Finding of the topic 3 days Sat 8/12/17 Tue 8/15/17
Statements of problems 1 day Thu 10/12/17 Thu 10/12/17 1
Time frame and
allocation of resources 2 days Sun 11/12/17 Mon
11/13/17 2
Implementation
Literature review 5 days Tue 12/12/17 Mon
12/18/17 3
Selection of correct
research methodologies 1 day Tue 12/12/17 Tue 12/12/17 4
Data analysis and
interpretation 2 days Thu 12/14/17 Fri 12/15/17 5
Evaluation of results and
outcomes 2 days Fri 12/15/17 Mon
12/18/17 5
Project closer Sat 12/16/17
Giving conclusion and
recommendation 1 day Tue 12/19/17 Tue 12/19/17 6
Results of documentation 1 day Tue 12/19/17 Tue 12/19/17 7
In respect to focus on the above activities, it can be stated that there are different types of
consideration included that help to maintain effectiveness at workplace. With this regard, work
will be consider in different stages to attain more creative work performances (Besner and
Hobbs, 2013). Furthermore, following are certain elements has been applied to consider relevant
results in the selected enterprise: Cost: In respect to consider effective functioning, it can be stated that proper
implementation of cost is needed. In this regard, researcher need to concentrate on fixed
cost which is needed to accomplish desired goals and objectives as well. Proper amount
which needed in the present project is £680. Therefore, collection of primary and
secondary data has been taken in the business (Clough, Sears and Rounds, 2015). Risk: In the present research, time and cost are major risk elements that create impact on
the desired results. Respondent face issue to fill questionnaire so that it is also risked to
the chosen company (Hesselbarth and Schaltegger, 2014).
3
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Scope: In the research, wide scope to develop small business operations. As results,
effective functioning will be develop to create innovation and creativity with develop
desired targets (Dumas, La Rosa and Reijers, 2013). Resource: In the research, aims and objectives has been prepared that help to develop
program with effective consideration. As results, focus needed to maintain creativity at
workplace (Jonas, Kock and Gemünden, 2013). Quality: Quality is also important element that help to maintain relevancy of data at
workplace. In this regard, researcher need to collect fresh, relevant and first hand
information to meet with desired outcomes (Emmitt, 2014). Communication: In the research, proper communication needed with different people so
that effectiveness will be develop to maintain effectiveness. In this regard, aims and
objectives need to communicate will all team members to increasing systematic results.
Time: In research total one month has been taken to produce effective results at
workplace. It is the best way to attain creativity in the enterprise (Euchner and Ganguly,
2014).
P3 WBS and Gantt chart
4
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5
Illustration 1: Gantt chart
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Illustration 3: Work break down structure
In order to focus on the above WBS, different activities has been considered in research
project that help to understand systematic results. As results, researcher need to focus on project
activities which need to complete on time (Garel, 2013).
6
Illustration 2: Network planning
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PART 2
P4 Small scale research through applying qualitative and quantitative research methods to meet
with aims and objectives
In respect to focus on the present research, it can be stated that different kinds of data
gather to attain desired results. With the help of such qualitative elements, relevant information
could be gather in the business environment. Primary information consider with questionnaire
and secondary information gather from certain tools such as online data, journals, graphs, books,
etc. In this way, survey conducted to focus on desired results accomplishment. Following
questionnaire has been taken to ascertain systematic work performances:
Questionnaire
Name:
Age:
Gender:
1. In Talon outdoor, digital technology implementation assists to provide relevant information
in the business?
Yes
No
Cannot say
2. Digital technology implementation assists to focus on desired results in the business?
Yes
No
Cannot say
3. What benefit consider with digital technology implementation?
Social media tool implementation
Online activities
Online forms and collection of information
All the above
4. Which strategy is the best consideration with implementation of digital technology?
Marketing with online
Social media integration
7
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Other useful media
5. Does digital technology in Talon outdoor very effective?
Yes
No
Cannot say
6. What are main benefits included with implementation of digital technology?
Increase profitability
Reduce operation cost
Increase customer base
All the above
7. How are you agree with implementation of digital technology in business?
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
8. It is reliable to implement digital technology implementation?
Yes
No
Cannot say
9. To whom benefits consider with implementation of digital technology?
Organisation
Employees
Customer
Other people
Theme 1 Digital technology implementation provide relevant information in the business
In Talon outdoor, digital technology
implementation assists to provide relevant
information in the business?
Respondents
8
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Yes 17
No 2
Cannot say 1
Interpretation: In order to focus on above graph, it can be stated that there are 17 employees
exist that stated that in Talon outdoor, digital technology help to increase effective results with
business development. In this regard, it has been considered that relevant information will be
gain to ascertain creative performances at workplace. Furthermore, there are 2 people said that
implementation of digital technology not useful to develop more significant advantages in the
business. This is because, it reduces effectiveness of the enterprise. Remaining 1 person said that
it cannot be interpreted that digital technology is helpful or not to the chosen business.
Theme 2 Digital technology implementation assists to focus on attain desired results in
business
Digital technology implementation assists to
focus on desired results in the business?
Respondents
9
17
2
1
Yes
No
Cannot say
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