Digitalization's Effect on Orion Electro-tech: A Business Report

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This report focuses on the impact of digital technology on Orion Electro-tech, a small business in the UK providing skilled labor. The report investigates the benefits of digitalization, including improved efficiency, reduced waste, and enhanced customer service. It covers the project's objectives, research questions, and project governance, including cost, scope, time, quality, communication, and risk management. Furthermore, the report delves into the Work Breakdown Structure (WBS) and Gantt charts for effective project management. It highlights the importance of these tools for managing tasks, allocating resources, and meeting deadlines. The report also includes a discussion of small-scale research methods for gathering data and information relevant to the study. The overall aim is to provide actionable insights for Orion Electro-tech to leverage digital technology for business development and competitiveness.
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INTRODUCTION
In small concern administration, this is important for using digital technology to improve
their goods and services in simple manner. This is not about usage of software program in an
enterprise but it will find out for use of advanced and originative thought of the firm. For
adopting digital technology, organisation can easily reform and redesign their goods and services
which help in targetting whole market as well as customers. Modern technology assist in
eliminating time factors and also reduces wastage which lead for acquiring high level of
productivity in an enterprise. With the help of this procedure, company can easily render
effective and efficient services to their customers (Cavusgil and et. al., 2014). The project is
based on Orion electro-tech which provide skilled labour, blue and white collar contractors to
sector in all over the United kingdom that includes gas, engineering and aerospace. The turnover
of this firm is around 30 euro million in the financial year. There are approximately 56
employees who work for achieving desired goals and targets in proper manner. This is small
business organisation and they need to adopt or use digital technology for gaining effective
goods and services to their potential buyers.
TASK 1
P1 Investigation purpose and objectives
Digitalization is give optimistic effect on enterprise organisation as well as on each one
and all single person. For small standard concern, it is necessary for adopting modern technology
for supplying innovative products and services to their desired customers. It is that concept
which is used by Orion Electro-tech for improving the quality of their present and new goods in
appropriate manner. With the assistance of this procedure, they can easy to gain attention of new
and existing buyers towards their effective commodity, price and high superior based work or
facilities (Dezdar and Ainin, 2011). Along with this, digital technology is helpful in managing
and operating small business marketing, accounting and communication effect which should be
solve by the use of modern features, communication techniques and computer networking for
getting high level of benefits for development of digitalisation. Small business sector can easily
determine execution of modern technology in their process of planning. For using this, enterprise
can easily create effective business operation and function activities for getting high benefit in
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future time period. Digital technology help for move from same pace progressive of organisation
level in large competitor market place.
Topic- Effect of digital application in encouraging small concern development and invention-
a case work based on Orion Electro-tech.
Background project- This projection study is supported on effect of digital technology on small
administration as Orion Electro-tech. Later on adopt or use such technology enterprise can easily
improving their profitability and earn high productivity for target whole market place. It is that
process which assist in making positive brand image in the mind of customers for long time
period(Eid and El-Gohary, 2013). This help in providing competitive advantages for targetting
whole market as well as buyers for effective costing in easy manner. For keeping strong position
in the large market place, so Orion require to do some changes in different sectors such as
merchandising, gross sales, accountancy, human resource administration, manufacturing etc.
Research Aim:
To examine consequence and impact of digital technology on the development of Orion
company
Research Objectives:
To gain maximum earnings and productiveness by utilise modern application in an
organisation
To analyse the impact or use of digitalisation in Orion firm To understand better technology which will assist firm for long time period
Research Questions: there are different questions which are totally based on company major
objectives that are as follows:
How an enterprise use or adopt digitalisation and what will its effect?
Does modern technology assist firm for making higher growth?
How can administration earning profitability and productiveness for executing
progression application in the firm?
P2 Projection administration design
Project governance plan can be make by company administrator for designing pursuing
stimulus by undertaking groups and stakeholders. This administration program generally
determine how report can be implemented, managed and controlled in proper manner. It can
given detailed document which includes management plans, planning documents and baselines.
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This project can be used by this project will make sure that management is bring out
continuously along with their policies and processes. It includes different elements which assist
in acquiring correct data and information in easy manner (Fitzgerald and et. al., 2014). There are
several determination of such components which are described as follows:
Cost- It is an important method and tool of an organisation which help in making
attracting representation that will required to referred as effective cost. With the help of this, an
enterprise should use extract software for creating effective documents for their company. It is
required for Orion Electro-tech is to introduce effective project so finance department approve
appropriate funds for this. With the assistance of this report, Orion can give proper training to
their staff members who will make correct project for an enterprise which is take instance and
price. In this procedure, human resource administration of firm assist in monitoring and
evaluating employees abilities and skills for making effectual projection administration program.
Scope- This element is supported on measure project administration range ad its major
compass in the market place. It involves all major belongings which are helpful in performing
effective task in this project report. For Orion Electro-tech organisation, it is necessary for use or
adopt digital technology for landscape their business structure and also make its huge scope in
the market. The project is helpful in providing effective goals and use modern technology in
proper manner. In this project report, an enterprise can easily adopt or use digital technology for
improving their high quality based goods and services effectively. After adaptation of different
technology, company can better their entire turnover rate.
Time- projection should be much effectual while conducting various actions of such
investigation. For this, Orion Electro-tech require to manage all the operational and functional
activities as per their regular time period (Hotho and Champion, 2011). It is that process which
assist in reducing additive time element and also burden on person after dividing business
functions and activities in effective manner. After managing time factors, an enterprise getting
different opportunities for targetting whole market place. Company staff members require to
manage their time as per getting higher business benefits in effectively. In such procedures, they
can take around 25 days for finish particular task or work.
Quality- It is that factor of project management which directly impact on making
decisions in an organisation. Quality elements includes effectiveness and result of report required
to be more appropriate and clear for another person. For such enterprise, they need to adopt or
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use different methods and techniques for making them more easier and develop it efficient for all
readers. Digital technology will assist in creating and making quality products without adding
cost and expenses. Orion Electro-tech require to make and create quality based goods for
planning project and create appropriate use of them in easy manner. By this adoption it will
assist in getting effective result in easy way.
Communication- It is that factor which is all about communicating ability of workers to
governance and customised of an enterprise. It is only one components which assist in resolving
all issues or problems from an organisation (Laudon and Laudon, 2016). Some firms are
provided training and learning programmes to their staff members for acquiring accurate result
or outcome in effectively. It is that process which help in building strong relationship between
staff members and management. Such factor of Orion Electro-tech can easily build and develop
positive and sound working environment in the firm. In project administration, it is duty of
investigator and company manager is make and create proper connection series among their
program and its apiece and all intellectual.
Risk- In this fresh study, company director require to analyse and measure all risk and
destructive element for form them much effective. This component are not adjustable but an
enterprise can develop and made different designing and schemes for reducing their negative
effect on project management procedure. Orion Electro-tech require to evaluate and analyse all
major risk factors for an organisation which help in building proper plan which make them
effective changes in their planning process. For doing this planning, the cited firm can easily ear
effective growth and success for getting desired goals and targets without making extra efforts
for their management and also develop team working. Orion Electro-tech should achieve this
project and possible time which will consume additional income or revenue.
Resources- Such are assets of the firm which they are used for utilising effectively. All
the organisation resources assist in creating value and income factors as per firm needs and
demand (Laudon and Laudon, 2016). By adopting this digital technology, Orion Electro-tech
need effective technological resources which assist in creating desired results for firm in easy
manner. For usage of such resources, company demand to employ experienced and skilled
worker who can usage effectual. In projection governance beginning, they will assist in
succeeding all concern roles and actions in correct mode.
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P3 Work break down structure and Gantt chart
Work breakdown structure (WBS) is an administration state which is utilized for
reducing additional activity load on workers of the company. This is hierarchy tree construction
which bounds effectual document and also interruption all small and administrable subdivision.
The primary aim of production disruption structure is to create and form huge task in more than
effective way and simple to manage by organisation staff members (Peppard and Ward, 2016).
The company manager break down different task to other employees which assist in reducing
time and provide high productivity of an organisation. It is generally represented in graphical
form for managing all business functions and activities in proper manner.
For Orion Electro-tech, this process help in eliminating additional work burden in
different department from top to lower. In this enterprise, they are used various methods and
tools for evaluating different employees abilities, skills and capabilities for distributing various
tasks in effective manner. Work can be categorised as per the workers skilled areas and their
interested field of working in appropriate way. It is important requirement for company where
Human resource management division assist in analysing and evaluating staff members to high
attribute and their improved effectual. For acquiring this investigation, they mainly render
preparation and acquisition sessions for accelerative their interpersonal abilities and analyse
operative capability. Orion Electro-tech is small scale business sector which is very essential for
using work breakdown structure to acquiring high level of opportunities for target entire market
as well as customers and also provide best quality products to their customers. In this procedures,
digital technology assist in enhancing price of goods and facilities as per their fulfilling their
company objectives.
Gantt chart is also represented as geographical diagram which can mainly analyse data
and information regarding various task and their timing (Porter and Kramer, 2011). Also an
enterprise can easily reduces various factors of time and additional costing by which it will
damage productivity of the firm. This is that section of project management which can be utilised
for managing all essential functions and activities in effective manner. Huge task for providing
assurance to the firm. In this process, an enterprise make different policies and strategies for
consuming time activities which will take lot of time to doing it effectively. By this, company
manage and control all necessary requirements and demand of customers in proper manner.
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These are effective tools which are useful for Orion Electro-tech that provide
effectiveness in their goods and services. This will assist them for using digital technology in
their firm and also create their commodities in high quality based in easy manner. So an
organisation make strategies and policies for managing all risks as per demand and requirement
of customers.
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TASK 2
P4 Small scale research
For specific enterprise, this is very essential for gathering and collecting information and
data for targetting customers as well as market place. It is that process where an enterprise can
collect data regarding buyers needs and demand and also fulfil all needs and wants of their
products. It will assist in making different changes which is totally based on customers and
market demand. On the other hand, research team of firm can easily developing and making
various alterations and also take accurate decisions for increasing growth and success of the
company (Stokes, Wilson and Wilson, 2010). After doing investigation, firm required to conduct
effective procedures which will takings much instance for devising alteration within organisation
procedures, policies and worker productiveness. In this specific procedure, customers response
are issue correct response. Here are different tools and methods which help in gathering accurate
data and information that are as follows:
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Qualitative research- it is that type of research which is based on historical information
is used for collecting theoretical form. In qualitative investigation, researcher gather data and
information by using survey, interviews, personal experience and perceptions. Such data is
totally based on age, name, culture, customers choice and demand and also fulfilling all buyers
needs towards effective products and services. For this firm they does not need any type of
person for getting proper conclusion.
Quantitative research- With the help of this research, an enterprise can collect and gather
numerical data from target market as well as buyers. This investigation is founded on statistical
kind and firm can require to maintain and control all information in the form of representation.
For doing this investigation, administration need to conduct all information and data who are
analyse in proper manner. This data is hard for managing and maintaining firm due to this they
will take lot of time for getting accurate result or outcome (Teece, 2010). Qualitative research
provides huge data and information for long time period in mathematical and statistical way.
This type of research can take lot of time for providing desirable and effective result for target
market and buyers in better manner.
Primary data- This kind of data and information is totally based on fresh and new
investigation. All gathering and researching about primary data is totally based on first hand
collection and after that they can gather information in proper manner. For this, an organisation
does not need any mediator for collecting appropriate data and information because this
researcher gather or collect effective data by their personal manner. After doing this, an
organisation can easily implement accurate data and information in their effective goods and
services.
Secondary data- This kind of investigation is totally based on historical data which help
in collecting some information. In this process, investigator help intermediate for gathering or
collecting brief information of organisational needs and demand (Zott, Amit and Massa, 2011).
This is historical data which is based on research where data is collected by using effective data
and information in proper manner. For doing effective research, organisation require to manage
their amount and financial data by this they are get better result or outcome.
Sampling- it is that process which is used for collecting and gathering essential goods
and services. In this process, researcher collect and gather various goods and services for
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selecting according to their needs and demand. This investigator get positive and negative
research, positive response help in motivating them and negative concept can improved it.
Questionnaire
Name-
Email ID-
Contact No.-
Q1. Does digitalisation assist in improving enterprise operation of Orion Electro firm?
Yes
No
Q2. Do you think there is requirement of staff members skills for using digitalization?
Yes
No
Q3. What type of marketing functions and activities are appropriate for Orion company?
Brochure
Internet
Q4. What type of digitalisation technology is mainly used by Orion firm?
A. Modern technology
B. Traditional technology
Q5. Does digital technology is useful for gaining long term advantages for the firm?
A. Yes
B. No
Q6. Is digitalisation help in getting competitive benefits?
A. Yes
B. No
Q7. Does Orion can alter their business functions and activities for adopting or using digital
technology?
Yes
No
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TASK 3
P5 Investigation and information using suitable methods and tools
Theme 1: Digitalisation help in enterprise improvement
Q1. Does digital technology assist in rising
concern operation of Orion Electro firm?
Frequency
A. Yes 25
B. No 5
Interpretation- Accordant to examination it can seen that most of the people are accept on
saying yes for digitalisation is helpful in operating business.
Theme 2: Employees skills are required for using digitalisation
Q2. Do you think there is requirement of staff
members skills for using digitalisation?
Frequency
A. Yes 20
B. No 10
10
Yes No
0
5
10
15
20
25
25
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