Managing a successful business project

Table of Contents
Introduction......................................................................................................................................3

LO1 Establishing project aims, objectives, and timeframes based on the chosen scenario............4

P1 Devising project aims and objectives for a chosen scenario within your chosen
organization.................................................................................................................................4

P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources in the context of your chosen organization.........................5

P3 Producing a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion of the proposed project management plan..........................................................8

LO2 Conduct small-scale research, information gathering and data collection to generate
knowledge to support the project...................................................................................................10

P4 Carry out small-scale research by applying qualitative and quantitative research method
appropriate for meeting project aims and objectives.................................................................10

LO3 Present the project and communicate appropriate recommendations based on meaningful
conclusions drawn from the evidence findings and/or analysis....................................................12

P5 Analyzing research and data using appropriate tools and techniques..................................12

P6 Communicate appropriate recommendations because of research and data analysis to draw

valid and meaningful conclusions.............................................................................................15

LO4 Reflect on the value gained from conducting the project and its usefulness to support
sustainable organizational performance........................................................................................16

P7 Reflect on the value of undertaking the research to meet the stated objectives and own
learning and performance in this research.................................................................................16

Conclusion.....................................................................................................................................18

References......................................................................................................................................19
Introduction
Globalization has helped each and every business organization to reach a very promising
position in the market. According to the understanding of the position of a business organization,
an overview of a market can be found. As a result of it, any company should be related with the
organizational issues very perfectly. In terms of assuring the globalization well, there have been
many factors like economic, cultural and ethical. All of these issues will be making a direct
impact on a different organizational operation like operations, marketing, HR, accounting and so
on. Each and every department is having a very different impact made by the system.
Globalization is the mean of sharing information, technology, and so many other things. If any
company can be able to follow all of these issues at the same point, they will surely reign in the
global market. From this, it has been clear totally that the globalization can play the perfect role
in terms of organizational management and also in the organizational, operational activities. This
research will be done on the basis of Aldi Supermarket Company which is working in the UK,
headquartered in Essen, Germany. They are providing supermarket products at a discounted
price which have caused a very strong development of them in the UK supermarket industry.
LO1 Establishing project aims, objectives, and timeframes based on
the chosen scenario.
P1 Devising project aims and objectives for a chosen scenario within your
chosen organization.
Title

A study on positive economic, cultural, and ethical impacts of globalization on different business
functions within the Aldi Supermarket Company.

Introduction of research

Globalization is the mean of sharing information, technology, and so many other things. If any
company can be able to follow all of these issues at the same point, they will surely reign in the
global market. By applying the issues of globalization, Aldi Supermarket Company has been
able to work within 20 countries with 10,000 outlets (Gelade and Ivery, 2017). They are having
the good impact of the globalization with the arrangement of increment of working capability of
marketing, HR, accounting and operations department. With the help of this research, the
positive impacts of globalization will be found.

Project strategy

For this project, a milestone system will be used. On the basis of milestone strategy, there have
been several strategies which will be carried on. Firstly, raw data will be collected keeping the
milestone ahead. In the last portion, all the data will be well analyzed and organized to find out
the impact.

Project objectives

In this project, there will be several projects which should be well understood. On the basis of
the objectives, the whole project will be carried on. These objectives are given below,

Performance

 To find out the impact of economic areas on the functions of Aldi Supermarket
Company.
  To find out how ethical issues are influencing the HR, operations, accounting, and
marketing department of Aldi Supermarket Company.
 To examine if the globalization is making a good impact or not.
 To find out if Aldi Supermarket Company is using all the cultural issues of globalization
to business in several countries or not.
 To understand the level of customer satisfaction that has been managed by the Aldi
Supermarket Company because of implementing digital technology.

Time

 To finish the research within six months.

Cost

 To keep the cost less than 10,000 €.

P2 Produce a project management plan that covers aspects of cost, scope,

time, quality, communication, risk and resources in the context of your chosen
organization.
Project management plan

However, a project management plan is the collaboration of all the aspects of the project (Hitt et
al., 2011). In terms of doing the research project, there are several issues which can appear from
time to time. There will be factors of cost, scope, time or so on. These will be able to give a clear
idea about the research at once.

Cost

In terms of cost, the project will be consisting of several monetary issues. The budget of the
project of Aldi Supermarket Company is given below,

particulars Amount
Tools for the project £ £
Hardware tools (Computer, 600€
USB)
Software tools (Microsoft 400€
Excel, SPSS)
Additional materials for 500€
 research
1500€
Employees’ salary 1500€
Remuneration of data 5000€
collection and analysis team
Cost of disseminating the 2000€
information
Half-Yearly 10000€
Total 10000€

Scope

In this research, there will be several issues for the scope (Hox and Boeije, 2005). Here, from the
side of the Aldi Supermarket Company, several information related to the impact of a successful
business project will be given. There are two scopes,

Included scope

This research will help to understand how Aldi Supermarket Company is using the positive
economic, ethical and cultural impact of Globalization to rise well. In this case, they are
changing their organizational activities in case of needs. Their HR, Operations, Marketing, and
accounting system has been changed a lot over many times.

Excluded scope

In the research on Aldi Supermarket Company, there have been so many excluded scopes as
well. On the basis of the final arrangement, there should be many important things which haven’t
been added. By it, the ideas of other organizations will also be demonstrated. This is how the
scopes are stated.

Quality

For the arrangement and implementation of very strong research activities, there will be needs of
quality assurances in this matter. The quality factors are very much important for the attainment
of the research goals (Saunders and Lewis, 2012). In this research, there will be the usage of the
Gantt Chart. It will effectively help to keep the research within the perfect time. On the other
side, there will be strong activities for the controlling which will surely solve any newly arising
problems within the system.
Time

As it has been stated, one of the main objectives is to finish the whole project within the perfect
time. Because of it, the understanding of time will be very much important. However, at a brief
format, it can be said that idea generation will take 1 month, data collection will take 2 months,
data organizing and analysis will take 2 months, and the dissemination of data with feedback will
take 1 month.

Communication

For the betterment of the organizational field, there will be several needs of the communication
system (Kumar and Phrommathed, 2005). In this research of Aldi Supermarket Company, the
communication will be done on both upsides down and flat. In order to assure the proper
communication, both formal and informal system will be allowed. This is how Aldi Supermarket
Company can assure the communication within the research system.

Risk

As the research of Aldi Supermarket Company¸, there have been many changes of appearances
of risk in this matter. The risk can come from any side and on the basis of these risks, the plan
should be revised or made.

 Political risk: There can be any turbulent situation imposed by the government, and that
will cease the research activities. It can include the governmental ban, government
change and so on.
 Resource risk: Aldi Supermarket Company will need to use various resources here like
human resource, logistic resources and so on (Durlak and DuPre, 2008). Any loss and
harm of the resources will be the biggest risk.
 Schedule risk: On the other side, the schedule risk is another risk. For any unexplained
urgency, the project completion time can be delayed.

Resources

On the other matter, there will be needs of several resources as well. Aldi Supermarket Company
will arrange different resources for the arrangement of the research activities. These are like,
  Human resource: The work will be totally done by the people, and this is why they are
the biggest resource of the organization.
 Logistics: For the research, there will be needs of the pen, paper and so on which will be
arranged from this side.
 Assets: The research may also need some assistance of tangible assets like chair, table,
and auditorium as well.

P3 Producing a work breakdown structure and a Gantt chart to provide

timeframes and stages for completion of the proposed project management
plan.
Work breakdown structure

In the organizational field, there have been many needs of understanding the research activities.
As it is seen, a project is consisting of several steps, and all those steps will require many things.
All of this requirement will be presented from the serial of time in this structure (Moorman et al.,
2018). This is why the work breakdown structure is one of the most important things in research
activities.

WB Level Name of Work Budget Resources Deliverables

S ID element description
1 A Project idea The project idea 200€ Statement of Project plan
generation is generated problems.
2 B Development The idea will be 600€ Work Project plan
and improvised experiences
construction of
the idea
3 C Finalizing the All the 200€ Work Finalized
plan feedback will experiences project
be considered and feedback management
to make the plan.
final project.
4 D Collection of All the research 5,000€ Monetary Resources
resources will be resources and plan and
collected. all statement.
5 E Data collection By using a 2000€ questionnaire Data
questionnaire, , collection
data will be and finding.
collected.
6 F Analysis of data Softwares will 1000€ Different Structured
 be used tools and information.
software for
data analysis.
7 G Disseminating By using media, 1000€ Different The
the information information will digital and disseminated
be social media, information
disseminated. offline media.

Gantt chart

There will be many activities within the organizational system of Aldi Supermarket Company.
There will be a specific time range for all the activities, and these will be coming one after
another (Constable et al., 2007.). The role of the Gantt Chart is to present to the time range of
research in a graphical form.

Name of element 1 month 2 month 2 month 1 month

Project idea
Data collection

Data analysis

Dissemination of
information
LO2 Conduct small-scale research, information gathering and data
collection to generate knowledge to support the project.
P4 Carry out small-scale research by applying qualitative and quantitative
research method appropriate for meeting project aims and objectives.
Research can be done by applying so many other methods which are mandatory for the research
and analyzing the project. In this research, both the qualitative and quantitative approaches will
be used. So the process that is going to be applied should be used effectively and properly.

Primary data collection

The term primary refers to the work done at the beginning of any period. For this research, the
primary task will be collecting information from the field directly. But anything which is
collected in the contingent is always raw yet less organized (Payne and Payne, 2009). This is
what is the stuff should be cleaned first. Therefore, with the help of the interviews and
questionnaires, the primary collection of information or data can be organized and well managed.
Most preferably the questionnaires method is used for this research.

Qualitative method

The qualitative method is used for the collection of the opinion of the people which means to
collect the views of the people about the required subject. As we know, research provides us with
information which is found with the assistance of this method. It will also provide theoretical
knowledge that has been achieved from the system. The theoretical knowledge will help others
to understand the subject. So it can be said that the qualitative method is proven to be very useful
at times of needs.

Quantitative method

Research is very important for the entity as well as for the researcher. The researcher gets to
know and learn about many things related to his work. They also use many methods to make the
research project even more precise. One of those methods is a quantitative method which is
given a special privilege. All sorts of statistical analysis will be done which will help to
accumulate the entire session in place (Demeulemeester and Herroelen, 2006). However, the
quantitative method is responsible for the assistance to handle and balance the data perfectly.
The outcome is an expected analysis.

Data collection

Question Yes No
Do you think that Aldi Supermarket Company is facilitated 78% 22%
by the economic side of globalization?
Do you believe that Aldi Supermarket Company is using 90% 10%
enough ethical understanding of globalization in HR,
accounting, marketing, and operations activities?
Is the globalizing activities of Aldi Supermarket Company 80% 20%
bringing welfare to society?
Is Aldi Supermarket Company following the cultural issues 75% 25%
of different society while working?
Do you think that globalization has assured the operational 89% 11%
(operations, accounting, HR, marketing) growth for the
organization?

LO3 Present the project and communicate appropriate

recommendations based on meaningful conclusions drawn from the
evidence findings and/or analysis.
P5 Analyzing research and data using appropriate tools and techniques.
In this research system of Aldi Supermarket Company¸, there will be the usage of several excel,
SPSS software which will be used as the tools and techniques for the research.

Information 1
 Q1

78%

22%

Yes No

When people were asked about the economic side of globalization, 78% agreed that Aldi
Supermarket Company is becoming facilitated where 22% didn’t. They are getting facilitated
because of worldwide operations. They are working within 20 countries which is providing them
with a turnover of 50€ Billion.

Information 2

Q2

10%

Yes
No

90%

In the second question, they were asked about the ethical consideration. 90% of the people said
that the service of Aldi Supermarket Company proves that they have enough ethical
understanding where 10% people didn’t. As in, presenting all information properly, quality
product and so on is assured in this way which caused because of international operations.

Q3

20%
No

80%
Yes

80% of the people think that globalization is bringing welfare for a society where 20% of the
people don’t think so. They believe that the culture is getting demolished where Aldi
Supermarket Company have been able to use the culture as their way of advertisement.

Q4

25%

Yes
No

75%

In this matter, 75% of the people believed that Aldi Supermarket Company is following the
cultural boundaries well where 25% didn’t. However, the cultural boundaries have assured
informational arrangement which has helped to grow internationally for Aldi Supermarket
Company.

Q5
89%

11%

Yes No

89% of the people believe that their organizational operations such as HR, operations, marketing,
and accounting are getting modernized with the help of globalization where 11% didn’t. These
are getting modernized because of technology and information sharing which have been caused
because of economic, cultural and ethical sides.

P6 Communicate appropriate recommendations because of research and data

analysis to draw valid and meaningful conclusions.
In conclusion, it can be said that the role of globalization in terms of organizational development
has been very much effective. Aldi Supermarket Company was able to implement their activities
beyond the boundary because of perfect usage of the globalization. They are getting facilitated
because of worldwide operations. They are working within 20 countries which is providing them
with a turnover of 50€ Billion (Batt, 2017).

But from the research, it has been seen that 100% satisfaction didn’t arrive. This is why more
development will be needed. Globalization is the mean of sharing information, technology, and
so many other things. If any company can be able to follow all of these issues at the same point,
they will surely reign in the global market. Because of it, there can be some recommendation in
this field such as,

Recommendations

 Allowing the culture of one country to another country at a controlled level as any
problem in it can be solved easily.
 Following all the standards of ethics in accounting, HR, marketing and operations
activities strictly.
 Taking feedback from the customers frequently which will help Aldi Supermarket
Company to go global.
 Big investment for the globalization will always be appreciated from the side of Aldi
Supermarket Company.

LO4 Reflect on the value gained from conducting the project and its
usefulness to support sustainable organizational performance.
P7 Reflect on the value of undertaking the research to meet the stated
objectives and own learning and performance in this research.
Research advantages

The research is going to assist with some data which was eventually found about the entity. The
information is very important for further study. In this case, the opinion of the customers works
like a power booster. Many customers were commenting their views over the organization, and
this is how Aldi Supermarket can get the privilege. They get advantages through this. Moreover,
they can also have the idea about their working capabilities that whether they are able to satisfy
the needs of the market. They will know about their performance through research. Therefore, it
can be said that research will prove to be very beneficial to Aldi Supermarket.

Performance review
Nothing is beyond knowledge so as the business research. For attaining the goal, many things
should be maintained and done within the Aldi Supermarket. So that, I gathered the information
about the research which has provided me a project plan, although the knowledge gathered
through the loading data. Heading to the more information collected by me, I arrayed them into
an organized manner so that no further ado should be invoiced. Once all the information is well
managed, I made a research on that and analyzed the data. At the end, the results came out with
flying colors. However, my performance really helped me to earn my objectives.

Self-learning

Every work that a human does helps the person learn something from it. I have seen that
practically. I have learned something about myself, from the research. Sometimes, work brings a
person on the stage that they get to meet new people and that gives a new vibe to work even
harder and to learn about the views and customs of people. I learned to make a project
management plan and to use that for the research. I also got to talk to many people, resulting I
could convince people who must be a good skill though. I had to handle so many works
altogether, and sometimes I needed to volunteer which developed my leadership skills
tremendously. This is how I got to learn so many things from my research.
Conclusion
From the research, it has been seen that the role of globalization is one of the most effective ones
for any sort of business organization. As a result of it, any company should be related with the
organizational issues very perfectly. In terms of assuring the globalization well, there have been
many factors like economic, cultural and ethical. All of these issues will be making a direct
impact on a different organizational operation like operations, marketing, HR, accounting and so
on. Each and every department is having a very different impact made by the system.
Globalization is the mean of sharing information, technology, and so many other things. If any
company can be able to follow all of these issues at the same point, they will surely reign in the
global market. This is the simple understanding that has been used by Aldi Supermarket
Company. By applying the issues of globalization, they have been able to work within 20
countries with 10,000 outlets. They are having the good impact of the globalization with the
arrangement of increment of working capability of marketing, HR, accounting and operations
department.
References
Gelade, G.A. and Ivery, M., 2017. The impact of globalization and work climate on
organizational performance. Personnel psychology, 56(2), pp.383-404.

Hitt, M.A., Bierman, L., Shimizu, K. and Kochhar, R., 2011. Direct and moderating effects of
globalization on strategy and performance in professional service firms: A resource-based
perspective. Academy of Management journal, 44(1), pp.13-28

Sun, L.Y., Aryee, S. and Law, K.S., 2007. High-performance globalization practices, citizenship
behavior, and organizational performance: A relational perspective. Academy of management
Journal, 50(3), pp.558-577.

Saunders, M.N. and Lewis, P., 2012. Doing research in business & management: An essential
guide to planning your project. Pearson.

Tucker, C.M., 2017. Coffee culture: local experiences, global connections. Taylor & Francis.
Hox, J.J. and Boeije, H.R., 2005. Data collection, primary versus secondary.

Kumar, S. and Phrommathed, P., 2005. Research methodology (pp. 43-50). Springer US.

Durlak, J.A. and DuPre, E.P., 2008. Implementation matters: A review of research on the
influence of implementation on globalization and the factors affecting implementation. American
journal of community psychology, 41(3-4), pp.327-350.

Moorman, C., Deshpande, R. and Zaltman, G., 2018. Factors affecting trust in Globalization the
Journal of Marketing, pp.81-101.

Constable, D.J., Dunn, P.J., Hayler, J.D., Humphrey, G.R., Leazer Jr, J.L., Linderman, R.J.,
Lorenz, K., Manley, J., Pearlman, B.A., Wells, A. and Zaks, A., 2007. Key globalization areas—
a perspective from supermarket manufacturers. Green Chemistry, 9(5), pp.411-420.

Payne, G. and Payne, J., 2009. Key concepts in social research. Sage.

Demeulemeester, E.L. and Herroelen, W.S., 2006. Project scheduling: a research handbook
(Vol. 49). Springer Science & Business Media.

Malhotra, N.K., 2009. An applied orientation. Marketing Research, 2.

Batt, R., 2017. Managing customer services: Technology practices, growth rates, and sales
growth. Academy of management Journal, 45(3), pp.587-597.

Jiang, K., Lepak, D.P., Hu, J. and Baer, J.C., 2012. How does technology influence
organizational outcomes? A meta-analytic investigation of mediating mechanisms. Academy of
management Journal, 55(6), pp.1264-1294.
 Performance Review Template (Reflective Summary)

What was the project supposed to accomplish?

 This project is about an analysis of positive economic, cultural and ethical impacts of
the globalization on business functions of Toyota Plc.
Did the project succeed in its aims? How do you know? Specifically, please outline any
evaluation and assessment undertaken.
 Yes. The project has been able to provide information about the things that were in the
list of objectives. I have checked the output against the objectives for the better
understanding in the system.
What things do you think worked well and why? Evaluate all aspects of the project (e.g.
initial inception, project activities and project outcomes) from a range of perspectives.
 The data analysis part was the most perfectly worked side of this project. It has
provided with the idea about the present research steps which will be helpful in the
next level.
What problems emerged during the project and how were they tackled? Was there timely
identification
 Time and budget were the main barriers that I have faced. I was keeping the time
logbook and I was investing on this research by my own. In this way, the problems
have been solved into the system.
What did you learn from undertaking the project?
 I have learnt that the research can be helpful for the increment of the skills. It can play
a very strong role for the skills understanding and so on. This is the main thing that I
have learnt from the project.
How would you rate your performance as a project manager?
 I will rate it as 8 out of 10.
What strengths and weaknesses of your performance did you identify?
 I have strength in data analysis but weakness in time management.
How will this inform and support your continuous professional development?
I can use my experience in the future for conducting the research in different related business
matters.