The Impact of Digital Technology on Business Operations - Granite Properties
University: Kensington College of business London
Question :
The unit states that digitization has transformed business operations thus developed a platform for business for expanding their business operations and earn a profit.
- Determine the aim and objective of Granite Properties
- Carry out small scale research, gather data to maximize knowledge and support project activities.
- Implement project presentation and recommendations which are based on user data collected from findings.
- Reflect on the value generated from the project and its use for business performance.
Answer :
INTRODUCTION
Digital technology usage has been increasing in the commercial sector which has its existence nowadays, not only as an opportunity but also a tech sector. The benefits and opportunities presented through the digitalisation for business organisation crosses entire age spans and group entire industries. The transformation of digital technology is accessible as well as viable for entire business as this simply refer to the process of development. This has accelerated the growth and development of business organisation. Through determining a proper process supported through technology create an automating market, process that emphasise the revenues and influence of company among the competitive business market (Sharon and Dori, 2015). Newer technologies assist in connecting with consumer direct creating wide range of development opportunities and creating fluency in the business operations such as management, personnel etc. This report will overview several different aspects of digital transformation within Granite Properties, a real estate company which provide tenure company tours. The organisation its headoffice in Texas and has employed more than 100 worker within their organisation. This report will determine vision, aim and objectives along with optimising effective research technique in order to achieve systematic outcome in efficient manner.
TASK 1
P1 Aims and objectives of projects
A business organisation utilise several different strategy and plans in regard of developing and expanding their business in competitive marketplace. Through measuring and administrating those activities, a company can create maximum benefits out of those practices. Digitalisation has been emerging with the competitive marketplace i.e. transforming into industry. The company is a real estate enterprise which has a good recognition within the marketplace. The enterprise is planning to include digital technology within their operation and system of organisation in order to transform it into more convenient way. This is improving organisation performance in the game chaining manner (Smith, Gonin and Besharov, 2013). In order to survive in the competitive industry, this has become more essential for commercial sector as small business enterprise are facilitated major benefits out of inclusion of such technologies within the working environment. Hence, this notion affirms that digital technology have disrupted the innovation and lead whole operation toward growth.
Title: “The impact of digital technology on business operations and growth of organisation: A case study of Granite Properties.”
Project Background
Technologies are associated with the communications and digitalisation under three major areas of accelerating alternation. Invention of more converging portable devices as well as enormously developed telepresence between individuals. There are several different types of technologies and methods that can be included within a working organisation that can help in functioning the company's business in productive way. In the present time, this is fundamental components that a business organisation whether small or large should adopt. This carries out various modification as well as marketing and promotion of an enterprise (Stoshikj, Kryvinska and Strauss, 2014). Nowadays, in the era of digitalisation, a business organisation can access large audience number at the social or new media. By the assistance of these activities, company can manage their relations with their consumer along with achieving their outcome in more significant manner.
Along with this, sales and accounting division is delivered the support in record and information documentation of enterprise's financial practices of selection and online recruitment procedure (Verzuh, 2015). Through the assistance of technologies company can manufacture more productive and creative services setting a certain aim and objectives which can help in achieving business outcome in context of Granite Properties to enhance their business productivity and growth. This research has been framing and improving in the huge market sector that aid in gathering and accumulating figures and facts for transforming business industry within the competitive environment.
Aim: Aim is shaped within an enterprise in regard of achieving their final outcome in more significant and direct manner. The main aim of this report is, “The impact of digital technology on business operations and growth of organisation: A case study of Granite Properties.”
Objectives: Research report determine set of research objectives in order to meet certain outcome and direct entire report in more significant manner. Here are discussed some of those objectives:
- To set the organisation performance after the execution of digital technologies.
- To evaluate the influence of technology over the productivity and profitability of enterprise.
- To identify growth of organisation by execution of digital technologies within Granite Properties.
- To suggest some specific recommendation to meet future demands and alternations that can be undertaken by enterprise.
Research Questions: This is essential to properly determine some questions and issues within the referred research study for developing the hypothesis of research on the right direction. In order to achieve this, there are some definite questions which has been developed within the study discussed here:
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- What are the impact of digital technologies after the execution of organisation performance ?
- What is the influence of technology over the productivity and profitability of Granite Properties?
- How the digital technologies are influencing the performance and growth of Granite Properties?
- What are the probable suggestion to meet future demands and alternations that can be undertaken by enterprise?
P2 Project management plan
Considering as an mandatory part of research project, Project management plan can be referred as the document which determine how a business project is executed, controlled and monitored, more than determining and schedule chart. A research project manager is liable for the entire plan of project management which undertakes entire phases which helps in outlining the entire activities that is needed to be undertaken within a working organisation (Viaene and Van den Bunder, 2011).
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