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Research and Innovation in Digital Technology - Flex

University: UK College of Business and Computing

  • Unit No: 8
  • Level: Undergraduate/College
  • Pages 12 / Words 3000
  • Paper Type: Assignment
  • Course Code: D/508/0491
  • Downloads: 74
Question :
  • Identify clear aims and objectives
  • Produce a project management plan
  • Produce a time frame by using WBS and Gantt chart
  • Carry out small scale research by using various research methods
  • Analyse the research and data using appropriate tools.
  • Communicate recommendations so that better conclusions can be formed.
  • Reflect on the value created by conducting research.
Answer :
Organization Selected : Flex

INTRODUCTION

The advancement of digital technology has not only impacted the lifestyle and way of living for the people, but it has also hugely influenced the activities and operations related to a business. The conventional method for working business has changed and individuals draw in through computerized innovation when directing business movement. Portable innovation and the web have rolls out business to improvement every day. The advances in software engineering and correspondence have changed the face and the pace of business exercises whereby associations have altered the business forms and thus, made business to work effectively. Things like distributed computing, network, client division, downtime, and portable arrangements have enabled business to be led in various ways and numerous organizations both little and extensive proceed to adjust and direct exercises in advanced way. Innovation influences business exercises both decidedly and contrarily making it critical for organizations to apply the exercises in ways that put them at preference. Flex can be considered as the USA's one of the biggest organizations related to the industry which fabricates electronic gadgets and supplies or provides technological arrangements. The organization has given advanced innovation another importance whereby it has planned, constructed, scaled, and conveyed development to the associated universe. The company utilizes cloud innovation which has helped the association to manufacture a consistent production network that has associated numerous providers on the planet. Subsequently, the organization has possessed the capacity to expand the efficiency.

MAIN BODY

1. Background and Purpose of the research

Background of the research: The current paper will outline a project regarding the effect of digital technology or computerized innovation on the business exercises of the Flex organization. The research will be conducted independently and it will help in understanding how the digital technology is increasingly impacting the various business activities with a specific focus on a particular organization.

Aim:

To analyse the impact of digital technology on business activities, e.g. operations, marketing, accounting and HR.

Objectives:

  • To evaluate requirement of digitalisation within operational activities of Flex.
  • To analyse and determine impact of digital technology within growth and innovation of Flex.
  • To suggest ways in which company is able to successfully implement digital technology at workplace

Research question:

  • How digital technology is impacting the Flex organization's business activities?
  • Has the influence been positive or negative?
  • What are the potential measures that can be implemented by the company?
  • Is the scenario same in other companies or industries?
  • What are the general suggestions to improve the scenario?

2. Project management plan

It is a formal approved document that helps to define how a project is executed, controlled and monitored. It is a summary of detailed document including baseline, cost of project, subsidiary, management strategies, resources, quality and communication.

Project initiation: The goal of this stage is to describe research at a very broad level that it starts with a case related to investigation when it is undertaken and feasible. However, the stage ends, when testing of feasibility is done.

Project planning: Planning a key of successful management of developing map for firm to follow procedure. Planning phase starts with setting goals using SMART and CLEAR method. Determination of cost, quality, resources and realistic time-frame which are produced using scope, schedule and cost of project.

Project execution: This is a phase, where deliverables are completed and reports, updates, performances and meeting reports happens. Assigning resources, developing team, tracking system, management plan, meeting status, project schedule and modified plans are involved in this stage.

Project

In this manner, the project will cover a lot of specific aspects and concepts. It will take help of a literature review to develop a proper understanding of the topic according to the existing evidence. Thereafter, a comprehensive research will be conducted and the gathered information will be analyzed to generate viable outcomes.

Project Costs

The costs of this project will be nominal. As the majority of the research will be done in secondary manner, the costs will be mainly associated with accessing text-books, research papers, journal articles, and website sources to gather data. However, primary data collection is also included for making research more effective.

3. Work break down structure and Gantt chart

Work break down structure: WBS is a key deliverable oriented break down of a plan or strategy into smaller components. It helps to organise team work into manageable sections effectively. In addition to this, it is important for the simplification of execution of project (Work Breakdown Structure, 2018).

LITERATURE REVIEW

Advanced innovation is reshaping the business world and has changed all parts of business tasks. Flex utilizes distributed computing that enables the organization to move a portion of the exercises to servers that have a place with the outsider whereby they can be got to through the web availability. Therefore, factor information bundles are made accessible in an extended and a versatile way without the dread of lasting misfortune, downtime, and slamming. Distributed computing enables Flex to get to assets that are restrictive in taken a toll while the playing field is made even as far as rivalry with the organizations that have proficient subsidizing. Therefore, the organization lessens cost since secure situations are made and kept up through advanced innovation (Ganguly 2015, p.3). Notwithstanding the lessening of business costs, distributed computing enhances correspondence and makes a capability of expanding business. Consequently, advanced innovation enhances business tasks through distributed computing. With advanced innovation, Flex can expand the simplicity of keeping in contact with laborers. Network is improved by advanced innovation whereby specialists and workers are made accessible through writings, video visits, and other computerized stages. The computerized availability permits focused on messages to be sent to the clients in different ways like making a hyper-genuine web that gives constant data (Grishikashvili, Dibb, and Meadows 2014, p.147). Through messaging, messaging, computerized items applications, and sites individuals can enhance correspondence with both the shoppers and the kindred laborers. Flex can soak the monetary market with the data that they need their clients to know and thus, enhance business activities. Notwithstanding conveying to the clients, the organization gets criticism from the purchasers through the computerized innovation specialized techniques. The organization contacts its clients through electronic cell phones continuously with the assistance of advanced innovation. In this manner, advanced innovation enhances correspondence in business exercises.

Computerized innovation has a negative effect as in the aspect diminishes downtime. Individuals have constrained time to recover in light of the fact that individuals are continually getting to advanced materials like messages and instant messages. Notwithstanding getting to computerized materials, individuals keep on working notwithstanding when the entities are a long way from the working environments through advanced gadgets like workstations and tablets (Westerman, Bonnet, and McAfee 2014, p.15). In view of the enticements of checking in, individuals have a tendency to invest the majority of the energy getting to individual materials, which lessens the time that is implied for work. Henceforth, creation is diminished through advanced gadgets and locales. Advanced innovation socially affects business whereby Flex Company works through long range interpersonal communication. The workers and the clients associate without geological hindrances and societal position confinements and budgetary foundations. For example, poor administrations influence clients to give organizations poor appraisals and terrible surveys, which is a burden to an organization. Individuals either destroy or improve the notoriety of an organization by posting their remarks on the online networking. Whatever is posted on the web can never leave which can either be a burden or favorable position to the organization. Henceforth, advanced innovation has both positive and negative effects relying upon what the purchasers say with regard to an organization (Fitzgerald, et al. 2014, p.1). The perspective implies that an organization must be worried about computerized impression and the social character since it assumes an incredible part in the notoriety of the organization. Accordingly, the company has a group directors and spectators that at

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