Impact of Globalization on Honda UK Manufacturing: A Project Report

This project focuses on analyzing the impact of globalization on Honda of the UK Manufacturing Ltd. (HUM), a subsidiary of Honda. The project begins with defining project aims and objectives, including understanding globalization's effects and identifying areas for improvement. A project management plan is developed, covering aspects such as cost, scope, time, quality, communication, risk, and resources. A work breakdown structure and Gantt chart are created to illustrate project timelines and stages. The project utilizes quantitative research methods to gather and analyze data, leading to recommendations for the company to enhance its business performance in the face of globalization. The research includes detailed analysis of costs, scope, risk management, and time estimation, aiming to provide strategies for HUM to compete effectively in the global market. The final report includes research analysis, performance reviews, and reflections on the value of the undertaken research.

MANAGING SUCCESSFUL
BUSINESS PROJECT
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Table of Contents
Introduction......................................................................................................................................4
Task 1- Project management plan....................................................................................................4
P1 Devise project aims and objectives for a chosen scenario......................................................4
P2 A project management plan that covers aspects of cost, scope, time, quality, communicate,
risk and resources.........................................................................................................................6
P3 A work breakdown structure and a Gantt chart to provide timeframes and stages for
completion....................................................................................................................................9
Task 2- Project implementation and log look................................................................................11
P4 A small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives.................................................................11
Task 3- Research analysis and performance review .....................................................................17
P5 Research and data using appropriate tools and techniques...................................................17
P6 The appropriate recommendation as a result of research and data analysis to the valid and
meaningful conclusions.............................................................................................................25
P7 Reflection on the value of undertaking the research to meet stated objectives and own
learning and performance..........................................................................................................26
Conclusion ....................................................................................................................................27
References .....................................................................................................................................28
Appendix .......................................................................................................................................30
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INTRODUCTION
The impact of globalisation has changed the total scenario of business practices by
including different trends. These trends include enhancing trade across borders of goods and
services, level of labour migration between countries, greater outsourcing and outsourcing of
production, the emergence of global brands and finally expansion of foreign direct investment.
These trends have a deep impact on the business activities of business organizations.
Honda of the UK Manufacturing Ltd. (HUM) is a manufacturing company based in the UK
which is a subsidiary of the automotive company Honda (Hondamanufacturing.co.uk, 2018). The
manufacturing plants of the company include engine assembly, casting, pressing, painting,
welding, and other car assembly activities. In order to understand the impact of globalization on
the business activity of the organization, Honda of the UK manufacturing (HUM), the project
would be illustrating the changes that are required for the business in order to tackle the
challenges of globalization. However, in this assignment project management plan project
implementation plan, Research analysis and performance review will be demonstrated. In
addition, the project will cover the various aspects of the research including the costs, scope, risk
plan, time estimation and other requirements for the company to enhance its business
performance in order to cope up with the challenges of the globalization.
TASK 1
P1 Devise project aims and objectives for a chosen scenario
Project definition
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A project within an organisation refers to some future plan which will be part of the
organisational activity for introducing new services. Every project has a specific scope, time,
skills, requirements and budget for fulfilling the need for project implementation (Nambisan et.
al. 2017).
Honda UK manufacturing Limited has situated in the year 1985 and they have their
headquarters in the Swindon United Kingdom. The organisation is known as a subsidiary for the
famous organisation Honda and works within automobiles and engine manufacturing industry.
However, the company is currently having 3400 Employees with a huge number of the customer
base in the United Kingdom. The effort ability of this organisational product is the main reason
behind their productivity and profitability and, therefore, the introduction of digital technology as
part of the different organisational operational activity will improve the business profitability in
the terms of globalization (Stone and Woodcock, 2014).
Problem statement
Honda UK manufacturing is associated with their productivity and popularity in the
market of United Kingdom. However, the company requires proper understanding about the
impact of the globalization that could have on the business activities of the company. Therefore
for maintaining the competition with the market competitors, some improvements in the
operational areas are required for the company to survive in the global market. These strategies
will be highlighted in the research project.
Project aim and objective:
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The project aims at identifying the impact of the globalization that it has on the business
activities of Honda UK and also to suggest strategies that could help the company survive in the
global market.
The objectives of this project are:
 To understand and identify the impact of globalization on the business activities of the
automobile organization.
 To identify the areas of improvement for the company, Honda UK manufacturing in the
competitive market of international business
 To identify the change required by the business organizations to tackle with the
globalization
 To recommend the different ways by which the organization able to compete in the
global market.
Rationale of the research
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The formulation of the structured topic has helped the researcher in conducting primary research
by formulating a set of questionnaire related to the research topic based on the aims and
objectives of the research. The conduction of the primary information of the research has
helped the researcher in gathering valid and authentic information related to the research
that has helped him in drawing up a valid conclusion to the research.
P2 A project management plan that covers aspects of cost, scope, time, quality, communicate,
risk and resources
Project implementation is considered as a technique by which appropriate milestone are
developed by the organisation for gaining proper result from the project. The different milestones
which need to achieve by the project management plan undertake the communication cost scope
quality time risk and resource management (Mackey and Gass, 2015).
All these aspects are part of the project implementation plan which will be needed for
men manage properly for developing re-presentable project results.
The different
milestones of the
specific project
The appropriate project management plan Project schedule for the
monitoring process
Scope The implementation of the project is going to
provide the organisation basic knowledge related
to the globalization and its impact on the
business activities of the company (Harrison and
Before the
implementation of the
plan, the scope of this
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Lock, 2017). The introduction of digital
marketing is going to provide financial profits
which can be used by the organisation for new
innovation or employee recognition process.
project needs to find out.
Cost For the use of digital marketing technique
specific amount of cost has to bear by this
organisation. The organisation is going to
include a new Management Department which
will be part of implementing various change
management strategies. Therefore around £
120,000 will be used and the split is given
below:
Activities Cost
Initiation phase £ 5,000
Planning phase £ 10,000
Implementation phase £ 100,000
Project closure £ 5,000
Total £ 120,000
At the beginning of
implementing the change
as part of the
organisational activity.
Time Time is considered as one of the essential parts
of this project because a specific time period has
Specific timing will be
included in the project for
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to maintain finishing the project. The total
planned development implementation and
analysing the results will be part of this time
management process (Kerzner and Kerzner,
2017). The time required for the project to be
completed will be 6 months.
each of the activities.
Communication In any project, work communication becomes
one of the essential parts from the beginning to
the end. It has been analyzed that the total
project going to include different
communication with the discussion with the
employees at the primary research of this project
is associated with the communication process.
In the data collection or
gathering process, the use
of communication process
is vital.
Quality Improving the quality of the organisational
promotional and marketing activities is the main
reason behind conducting this project. Therefore
quality management will be part of this
implementation of digital technology (Matt et al.
2015).
The quality management
will be checking thrice in
every week which helps in
understanding the growth
of quality.
Resource The organisation will be thinking of developing
a new IT Department. this need or demand will
be verified with the result of this project work.
The different resources
need proper monitoring
and therefore every day
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Therefore the different resources will be needed
for this project is human resource, physical
resource and financial resources.
the project manager will
be the check on the
resources for better results
Risk in each of the project risk management become
one of the essential areas and therefore in the
beginning stage risk assessment need to done for
minimising the influence of need. The risk
assessment process also helps the organisation in
properly use the financial resources. In the
financial planning, the project needs to segregate
some amount of money in case of risk
management issue in the future (Lientz and Rea,
2016).
The risk assessment will
be done in the initial
phase of project
development to
understand the future
influences of risk.
P3 A work breakdown structure and a Gantt chart to provide timeframes and stages for
completion
The work breakdown structure
The work breakdown structure is normally a representation of the total project. It helps in
distinguishing the different part of the project to understand how digitization will be helpful for
Hero Honda UK manufacturing for the process of creating competitive advantage in the
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international market. by using this breakdown structure the organisation can easily meet the
objectives and aims of this project.
Gantt chart
The Grand chat is known as the visual representation of the project plan. However, the different
planning and controlling area will be segregated for the project depending on the timescale. In
addition to that the project research will be incomplete without an appropriate Gantt chart usage.
There will be five different weeks used by this organisation for achieving the objective of this
project within the time framework (Sang, 2013).
Tasks 1st week 2nd week 3rd week 4th week 5th week
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Project idea
Project
management
plan
Analysing
issue
Goals and
objectives
Project
strategy
Survey
Questionnair
e
Surveying
employees
Data
analysis
Final project
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