Digitalisation's Role in SME Growth and Innovation: Roli Analysis

This report investigates the impact of digitalisation on Small and Medium Enterprises (SMEs), focusing on its influence on growth, innovation, and overall performance. The report begins with an introduction to the importance of SMEs in the UK economy and the role of digital technologies in business. It outlines the aims and objectives of the research, which include evaluating the significance of digitalisation and its impact on developing small business operations. The report examines various themes, including the direct impact of digitalisation on innovation and growth, its significance for companies like Roli, and its support for various business operations. It also explores how digitalisation manages brand awareness, improves productivity, and enhances competitive advantages, along with the use of numerous marketing methods through digital technologies. The research uses a case study approach to investigate how digitalisation can maximize sales, improve performance, and optimize modern marketing methods for SMEs. Findings from the research suggest that digital technology plays a vital role in organizational growth, streamlining daily activities and generating revenue. The report concludes with recommendations for musicians and music technology experts, emphasizing the need to embrace new forms of expression through music and digitalization. The research also highlights the financial challenges associated with implementing digital technologies. The report is supported by references to academic sources.

Research Project

Cover Content
 Introduction
 Aims and Objectives
 Theme 1: Digitalisation Direct To Innovation And Growth Of SME
 Theme 2: Digitalisation is significant for growth and innovation of Roli
 Theme 3: Digitalisation support functioning of numerous business operation significantly in small business organisation
 Theme 4: Digitalisation manage brand awareness, emphasise productivity and improve competitive edge
 Theme 5: Numerous marketing methods can be used through using digital technologies in SME
 Theme 6: Techniques of digitalisation are helpful in the maximisation of sales, performance level and profitability
 Theme 7: Modern marketing methods can be optimised by small business to support their promotional and marketing techniques
 Theme 8: Digital technologies support innovative commodities in market
 Theme 9: Roli is initiate new methods of producing and delivering music instruments in market
 Recommendations
 Conclusion
 References

Introduction
 SMEs drives the economy of United Kingdom which reframe their
standard of living and their business activities in more significant manner.
 Implication of digital technologies in business segments has not only
assisted the large companies but also helped the small business
organisation to grow and evolve in the competitive business environment
of company as well.

Aims and Objectives
 Aims: 'To evaluate the importance of digitalisation and its influence on
developing small business operations or sales. A case study on Roli.”
 Objectives: To evaluate the importance of digital technologies in growth
of small business organisations.
 To investigate the expected outcome of digital technology implication on
Roli.
 To assess the role of digitalisation in context of sales increment and
performance management of Roli.
 To explore the probable area innovations that can be managed or disrupted
in Roli in relation to digital technology implications.

Theme 1: Digitalisation Direct To Innovation And
Growth Of SME
Q1. According to you,
does digitalisation direct
to innovation and growth
of SME?
Frequency
 Yes 30
 No 10

Theme 2: Digitalisation is significant for
growth and innovation of Roli
Q2. Is digitalisation
significant for growth
and innovation of Roli
to achieve success?
Frequency
 Yes 35
 No 5

Theme 3: Digitalisation support functioning of
numerous business operation significantly in
small business organisation
Q3. What are the probable
operations in which Roli
can use digital technology
for improvement?
Frequency
 Human resource
management 6
 Finance Department 7
 Operation division 7
 Marketing and sales 20

Theme 4: Digitalisation manage brand
awareness, emphasise productivity and
improve competitive edge
Q4. What are key
benefits of opting
digitalisation in the
business enterprise
overall?
Frequency
 Managing brand
awareness 15
 Improve productivity 10
 Attaining competitive
benefits 15

Theme 5: Numerous marketing methods can
be used through using digital technologies in
SME
Q5. Through opting which
methods of marketing, Roli
has managed their sales
enlargement and their
growth of business
managing awareness?
Frequency
 Search engine
optimisation 10
 Blogging 10
 Pay per click advertising 10

Theme 6: Techniques of digitalisation are
helpful in the maximisation of sales,
performance level and profitability
Q6. Are the techniques of
digitalisation helpful in
the maximisation of
sales, performance level
and profitability?
Frequency
 Agree 30
 Disagree 10

Theme 7: Modern marketing methods can
be optimised by small business to support
their promotional and marketing techniques
Q7. Which marketing
method is often utilised
by Roli for enhancing
their growth and sales?
Frequency
 Traditional marketing 15
 Modern marketing 25

Theme 8: Digital technologies support
innovative commodities in market
Q8. Do company
innovate their services
and products adopting
digital technologies?
Frequency
 Yes 36
 No 4

Theme 9: Roli is initiate new methods of
producing and delivering music instruments
in market
Q9. According to you,
which is the most
disrupting and innovating
innovation of Roli
inspired from digital
technologies?
Frequency
 Seaboard 16
 Roli Blocks 14

Theme 10: Organisation can deliver long
term objectives through using digital
technologies
Q10. Are these
innovations of Roli
providing company long
term benefits?
Frequency
 Yes 32
 No 8

Findings
From the above discussion it has been find that, digital technology play vital role in
the growth of organisation. Because through this several daily basis activities
became easy like advertisement, transferring of important information to staff
members and so on. Moreover, by implementing digital technology within the
working of Roli several outcomes are gained which is beneficial for business like
generating more and more revenue as well as fulfilling customers demand in best
possible manner. In addition to this, technological also influence cultural,
relationship as well as efficiency of a small business and it also secure necessary
business information and obtain trade advantages. Along with this, digital
technology help in doing advertisement digitally that help in increasing sales. But at
some level it is not easy to implement digital technology there is requirement of
huge funds. Digitalisation helps in achieving success and growth of business.

Recommendations
 By evaluating the overall data which is gathered from market, it is
overviewed that digitalisation plays a vital role growth and development
of business associations.
 To gain high competitive edge, Musicians and music technology experts
should focus on constantly striving to adopt new forms of expression
through music.

Conclusion
 From the above mentioned ppt, it gets concluded that digital technology or
transformation has a vital role in growth and development of firms.
 It helps small businesses to boom up efficiency of their products and
services and deliver high customers' satisfaction level; it results
accomplishment of firm's goals and objectives.

References
 Doong, S.H. and Ho, S.C., 2012. The impact of ICT development on the
global digital divide. Electronic Commerce Research and Applications.
11(5). pp.518-533.
 Drucker, J., 2012. Humanistic theory and digital scholarship. Debates in
the digital humanities, pp.85-95.