Evaluating Digital Technology's Impact on Business: SOFTWIRE

This report examines the impact of digital technology on business operations, focusing on a case study of the SOFTWIRE firm. The report begins with an introduction highlighting the role of digital technology in modern business and then outlines the research aims and objectives, which include understanding the effects of digitalization on business growth and innovation. It then describes the project management plan, including scope, risk management, quality control, cost, and time considerations. A work breakdown structure (WBS) and Gantt chart are provided to illustrate project tasks and timelines. The report also includes a discussion of research methodologies, incorporating both quantitative and qualitative approaches, and analyzes data collected to support the findings. Finally, the report offers recommendations based on the research and concludes with a self-reflection on the project's outcomes. The assignment covers key areas such as project management, research methodologies, data analysis, and the practical application of digital technology within a business context.

Managing Successful
Business

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Research aims and objectives............................................................................................1
TASK 2............................................................................................................................................2
P2 Project management plan..................................................................................................2
TASK 3............................................................................................................................................3
P3 Work break down structure and Gantt chart.....................................................................3
TASK 2............................................................................................................................................6
P4 Small scale research by using proper methodologies........................................................6
TASK 3............................................................................................................................................9
P5 Analysation of research and data for using appropriate techniques and methods............9
P6 Recommendation.............................................................................................................15
TASK 4..........................................................................................................................................16
P7 Self reflection..................................................................................................................16
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
LOGBOOK....................................................................................................................................18

INTRODUCTION
Digital technology play an essential role in whole way in which business are being
conducted. It can be observed in last year, it has been drastically change in model of business
that is used in previous days and also make modifications in business function in effective
manner. It is only save the costly time but also provides businesses for analysing proper financial
status. In addition to this, it has been examine present goods and services which are gain more
profitability and it will help in producing new and innovative products that assist in enhancing
reputation of an organisation. The report is based on SOFTWIRE firm whose topic is impact of
digital technology on business (Broekx and et. al., 2011). This is the association which are small
in size and company is make innovative and creative products for their customers. Softwire
delivers software engineering, consultancy services and digital design solution for some of the
leading brand of united kingdom. The main motive of this project is to evaluate and understand
various goals, aims, objectives and project management planning should be described.
TASK 1
P1 Research aims and objectives
Digital technology has landscape its business structure environment. The company can
easily achieve high business growth and their potential goals and objectives in proper manner.
For softwire firm digital technology will assist for getting target goals and objectives in given
time period for providing high quality services. By this procedure, they can easily attracting large
number of employees for evaluating benefits involved in their working concept. The company
will help them in getting effective services which includes marketing, accounting, operational
and human resource department. Using of cloud application is provide importance for
transferring data from one place to another in few minutes. It is necessary for user is to upload it
on cloud system and at the same time download from anywhere. Is is that way of availability of
accurate data of various users which has to be done and it help in increasing firm productivity
(Denzin and Lincoln, 2011). Apart from this, digital technology is helpful in marketing methods
which greatly impact on company market share which can be covered. This can be show that
how such concepts assist business operations for developing and gaining high amount of income
or revenue.
Topic- “Impact of digital technology supporting small business innovation and growth”.
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Background of project:
Change is necessary part of life. They will help in try new thoughts and ideas that can
bring positive change at large work place. If impact of digital technology can be evaluated so
how it has been effected to firm then outcome will be in favour of community. It can be observed
that rapid change in business operations and maintain work quality for using effective
techniques. Business information are majorly secured so same thing can prevented by using
different passwords and make covering which has been cut down the outflow danger of secret
collection. In retail sector, maintain record is very much important. It assist them in making
control over outflow and inflow of cash and another major communicator which was done in this
books and journals (Fleming and Koppelman, 2016). There is another option which convert data
and information into soft copy and once it is created for whole life time if secured. This project
will explore the positive side of this concept so it can be prospering experienced here. It is
necessary for establish goals and objectives of the project so by this work can be done in same
way.
Aim- For bringing digitalisation within the business operations- A case study of SOFTWIRE.
Objectives
 To develop the understanding of digital technology
 To exploit the desired of digitalisation techniques and methods
 To analyse main aim of report is to how digitalisation can be executed within an
organisation
Research questions
 How digitalisation system can be implemented?
 Why digital technology is essential?
 What are the results of substitute present system along with digitalisation?
TASK 2
P2 Project management plan
Before starting some new project, it is important for doing proper planning. Project
management plan is effective method in which it can be known that what is the foremost suitable
way for beginning with implementation. In this procedure, all major activities are required to be
refer as authenticated which assist in combining and bringing out coordination in all activities
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that are necessary to be executed. There are different areas which has been provided for
implementation of whole project plan that are as follows:
Scope of project- There is wide range of project which define large number of areas in
which it can be addressed that digitalisation is provide high importance (Geraldi and Lechter,
2012).
Risk management- The level of failure is limited as SOFTWIRE which has good brand
value and effectively change the consequences which contributes to their employees.
Quality control- This has make sure that effective standard of information is given so it
will assist the firm for achieving its major targets and goals in proper manner. For executing new
techniques and methods which should be appraisal on regular basis.
Cost- Management should bear the effective or good cost at the first stage for
implementing new software and devices which help digitalisation that is high value. It can affect
the business new profit in starting but at the same time period it will provide good return to the
administration.
Time- It is very time consuming procedure which carry out business operations for doing
effective alterations (Westerman, Bonnet and McAfee, 2014). While new techniques and
technology is installed then it became complex for understanding and employees identifying
major barriers for performing their duties in proper manner. They need to take enough time so
they will make necessary changes in the desired projects.
TASK 3
P3 Work break down structure and Gantt chart
WBS is signifiers of Work Break down structure which is functional and operational
techniques which is used for reduces extra burden of work to an individual person. It is very
effective and sound method which is usually used for having effective advantage of business in
easy manner (Hirshkowitz and et. al., 2015). With the assistance of this procedure, an
organisation can capable for dividing their duties and responsibilities to various person. The
main purpose of this structure for managing quality information and data and large project of an
organisation in proper manner. This will provide facility for authenticate data and resources to
teachers for serving effective and appropriate services within an enterprise. Also work break
down structure is designate in the form of hierarchical tree structure which determined the value
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of each and every parts for breaking it which is small or tiny and also manage all specific tasks.
Such types of structure are believe with the assistance of making graphical representation for
arranging all activities of the firm in effective way. This structure will useful in reducing the
external pressure and provide correct and appropriate working methods.
For the SOFTWIRE company and their management members it can be using different
types of techniques and methods for evaluating skills, capabilities and abilities of its employees
for offer their services to several tasks (Hwang and Lim, 2012). All such business methods
provide support for reducing extra cost and time from doing working actions of employees. The
workers performance are divided between them for maintaining skills and efficiency in proper
manner. This is essential element for firm which is used for framing belief to each and every
employees who are mainly perform within an enterprise towards future goals and targets.
Digitalisation always provide assistance for creating values and knowledge area of workers for
offering sound and limited services within an organisation.
Gantt chart show the value of each and every task or part which need to be done by
company managers. It is an effective type of evaluation techniques and methods in which an
organisation will analyse effectiveness of each and every task that can be done by employees and
also offer different values for future targets and goals in appropriate manner. This task is usually
use the minimum aspect of time and cost can be negatively effect on workers productivity of the
company. This is that term which is used in project management plan for make control over
negative activities and actions of the firm, in addition to this it support in providing effective
application for making ideas and process (Lakatos, 2014). By this structure, an enterprise can
framing different strategies for reducing unnecessary activities, organise all tasks with the
assistance of practised and talented employees and also create value of workers for getting high
amount of profitability.
All these techniques and methods is useful for SOFTWIRE which attain desired
objectives and targets in proper manner. The facilities assist in minimising cost and time, time
consuming and unnecessary task for higher the benefits of business in appropriate manner. It will
help in giving skills to each and every one for making effective strategy to arrange their working
methods which is best suitable and appropriate in manner.
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TASK 2
P4 Small scale research by using proper methodologies
For examining employees and workers demand regarding digital technology techniques
within their premises or workplace. Research require that method which have to be followed by
researcher for formulating and developing correct outcome in appropriate manner (Meredith and
Mantel Jr, 2011). By the help of this research, a investigator can convert their analytical form for
making accurate procedures of decision which is understandable and simple in nature. There are
major two techniques for finding information that are as under:
 Primary data-
 Secondary data-
The data collection method assist in making and developing correct decision for long
period of time and their main motive is to give accurate information. SOFTWIRE use both kind
of data collection method for examining digital technology which is help in expanding business
towards positive manner. There are different research methods that should taking place in
effectively that are as follows:
 Quantitative
 Qualitative
 Analytical
Researcher use quantitative and qualitative technique for identifying the correct outcome
and this can help for longer time period. It is very effective method for conducting and
measuring accurate outcome. With the assistance of such research, secondary and primary data is
useful in making proper result in systematic manner.
 Primary data- It is that type of data which need to be gathered along with many other
sources that includes questionnaire form, personal interviews and many other techniques
for doing direct conversation with people (Peters, Howard and Sharp, 2012). It will assist
in collecting such type of information or data for given them questionnaire form to their
people and it is more advantageous. Softwire make a form which conduct on 20
respondents. This will lead for giving correct views and information of various
authorities that are major part of business. By the help of this method, data is collected by
using primary sources. So it can be organised by using qualitative and quantitative
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research methods in proper manner. It includes questionnaire, surveys, feedbacks which
are some of the normal ways which can be use for conducting primary research.
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Questionnaire
Name:
Age:
Gender:
1. Does advancement in technology assist in manufacturing products at limited period of time?
 Yes
 No
2. Do you think the impact of advance technology for effective business growth related to
SOFTWIRE activities?
 Yes
 No
3. What are the major areas which need to be advanced digitalised in an enterprise?
 Production department
 Human resource department
 Accounting
 Promotional sector
 Sales
4. Which type of techniques is useful for store data and information of an organisation?
 Cloud technology
 The Internet of Things
 Hard disks
5. In SOFTWIRE, what form of digitalisation methods of communication are necessary?
 Social media
 Mobile technology
6. Does modern technology can help firm for producing creative goods and services?
 Artificial intelligence
 Big data analytics
Secondary research
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According to Wilson (2014) digitalisation can be used by almost all the ventures so this
will help in increasing the productivity and profitability of the association. It also aid in
producing innovative and creative products which can attract large number of customers. An
organisation can use big analytics and artificial intelligence kinds for doing same things. As per
this outcome, company can earn high amount of profit and make good position for maintaining
their image brand within the market place of united kingdom. Firm can take use of social sites
such as Twitter, Facebook, YouTube, What's app for doing effective promotional activities in
appropriate manner for limited time period. Company can introduce cloud computing technology
for saving and sharing information efficiently. Such type of data can be store for longer period of
time for protecting them from safety and security (Wahyuni, 2012). This technology beauty is
that those data which can be accessed from any time and anywhere while connecting with
internet network. Investigator is capable for accumulating both past and current data in this
context of project topic. Books, internet, census are some of the common sources which can be
sued by researchers in proper manner. It can be considered as fast mode of collecting information
with the help of researchers and also find out proper data in effective manner.
TASK 3
P5 Analysation of research and data for using appropriate techniques and methods
Theme 1: Assistance of advancement technique for manufacturing products at less time period
1. Does advancement in technology assist in
manufacturing products at limited period of
time?
Frequency
 Yes 15
 No 5
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