Scenario Introduction to theme: The impact of digital technology on business activity Digital technology has revolutionised the way we conduct business. Over the last decade it has dramatically changed traditional business models and transformed business activities. The use of digital mobile technology has provided businesses with a wealth of choice and opportunity. This has enabled existing products to become more profitable and innovative new products to be developed, leading to increasingly diverse product portfolios. Its impact is evident at the core of all key business systems: ● Administration - cloud technology enables effective filing, storage and sharing of information. ● Communication- social media and mobile technology allows businesses to connect, communicate, collaborate and build relationships on a global scale. ● Storage and Distribution - `The Internet of Things’ is connecting and integrating systems throughout business structures. ● Production - Artificial intelligence and big data analytics are driving Innovation and product growth. However, changes in the way we work are not without their challenges as businesses have to adopt and deal with change management, recruit and sustain creative talent, invest in new technologies and respond to an ever increasing competitive environment. In this assignment you will examine the impact of digital technology on how we conduct business through the context of a given project. This will provide you the opportunity to contextualise the implications of digital technology in the workplace and how it is shaping the future workforce. It will also enable you to explore both the challenges and opportunities that rapid technological advances represents for businesses. Topic Selection: The topic for your assignment is given below: “How digital technology has transformed business activities e.g. operations, marketing, accounting, HR in your chosen organisation.” Using an organisation you know well and can obtain information on. You are required to investigate how digital technology has transformed business activities e.g. operations, marketing, accounting, HR to this organisation. In your investigative report, you should: • Identify the aims and objectives for the project. • Produce an appropriate project management plan that includes relevant actions to meet objectives and timeframes. • Conduct research to generate knowledge which will form the basis for analysis of the scenario posed in the brief. • Analyse your findings and draw conclusions to form the basis for recommendations. • Present and produce your project in an appropriate manner for the intended audience. • Communicate your recommendations in an appropriate manner for the intended audience. • Complete a performance review that addresses the following: • The success of the project and its usefulness in supporting organisational performance. • Your own performance. Your report should cover the requirements mentioned above. In addition you should follow the ‘Guidance for Students’ to adhere to different necessary steps important for successfully finish your task. Guidance for Students You should read all information provided before starting on your project. You should refer to these instructions as you complete work for this unit. • Read the scenario and requirements mentioned and think about what the project is asking. • Research about the project. How can you approach the problem, opportunity, hypothesis and requirements being posed? • Apply a range of secondary research sources to plan/scope and support the project and its findings. Secondary research sources may include textbooks, journal articles, newspapers and magazine articles (not factual accounts). • Develop your project plan based on the deliverables of the project, the constraints of the project and the assumptions made. • Conduct your project according to your stated project plan and meet with your tutor to receive a sign-off at each stage of the project process. • Primary research sources may include original first-hand accounts, legal and historical documents, results of experiments and market research data collection. Apply both qualitative and quantitative research methods to evaluate data collected from primary research. • Keep notes of your progress throughout the project in your logbook. This is an important record of your work and must be used to record the development of your ideas and your progress through the project. The logbook should include: • A record of what you did, when and what you were thinking. • A record of where things went wrong and what you did to overcome any unexpected results. • You will be asked to reflect on the success of your project and your own performance in a personal performance review at the end of the project. This is a written reflection of around 500 words. • You must complete the project in order to complete your work for this unit. |