A business project is a project specifically intended to achieve a business objective. For example, an IS or IT project may have as its objective implementing a new general ledger system. Because it is intended to achieve a business objective (the new general ledger system) it is a business project.
Managing projects is hard work. We hear a lot about the project management challenges that project managers commonly face. This looks at the fundamental challenge of a business project.
Simply put, a project is a series of tasks that need to be completed in order to reach a specific outcome. A project can also be defined as a set of inputs and outputs required to achieve a particular goal. Projects can range from simple to complex and can be managed by one person or a hundred.
Business objectives are the specific and measurable results companies hope to maintain as their organization grows. … Business objectives act as a compass for the company, dictating how the organization should allocate strengths, weaknesses and opportunities that may be available.
A business objective explains in detail what steps you plan to take in order to achieve a specific aim. Aims and goals are more general.
All businesses have aims and objectives. These give a business direction and provide a purpose for what the business does each day.
Your business objectives are the results you hope to achieve as you run and grow your business. As an entrepreneur, you are concerned with every aspect of your business and need to have clear goals in mind for your company if you are to stay on track. Having a comprehensive list of business objectives creates the guidelines that become the foundation for your business planning.
Do have a comprehensive list of business objectives
- Getting and Staying Profitable …
- Productivity of People and Resources…
- Employee Attraction and Retention …
- Mission-driven Core Values …
- Dealing with Change …
- Sustainable Growth …
- Reaching the Right Customers …
- Maintaining a Healthy Cash Flow …
- Excellent Customer Service …
- Staying Ahead of the Competition
Change Management when done right
“Change management is the process of preparing your organization for growth and creating processes that effectively deal with a developing marketplace. The objective of change management is to create a dynamic organization that is prepared to meet the challenges of your industry.”
Business projects done right!
Objectives are the mileposts to guide you and your employees on the way to building the business. Objectives are important because they convert visions into clear-cut measurable targets. Employees are very clear as to what they are expected to achieve and when.
Well crafted objectives provide clarity. They are specific about what will be achieved as a result of the work, so that others can see what you are working towards, and so that you can demonstrate achievement, by measuring and reporting on progress. They aid better communication and provide focus for effort over time.
The scope of all business objectives should be aligned to the objectives of the business. Do it right first time and save the pain of missing your business objectives and goals.
Our I.T. Services and Solutions
Lending knowledge and experience to companies across the UK, Information Technology Solutions. Everyone can use a little help from a designated professional.
Our focus is on the strategy for you to succeed, when it comes to change that involves Information Technology -Applications, Hardware and Software. Extensive experience gained over the past 30 years in a range of leading private and public sector.
We have implemented multiple full lifecycles, IT and business change projects from business brief and case preparation, strategy, discovery and blueprinting through to cutover and handover to business as usual support functions.
We are extremely delivery-focused having led multiple programmes and projects through the key “cutover/go-live/deployment” phases. This has included transitioning support to outsourced third party suppliers, e.g. Ceridian; IBM.
We have first class team building (internal, external, third party, remote parties) and management capabilities. Excellent key stakeholder management. Analytical problem solver and decisive decision makers. Extensive business change management/partnering. Worked in “business”, “corporate” and “IT” facing roles.
We do deliver for example, shared financial service centres in Europe, Asia and Australia. Rollout of a standardised SAP European finance template at Nissan. Consolidation of separate Oracle & SAP systems at GE Capital and EE (Orange/T-Mobile). We have done application migrations from multiple (some time hundreds) of locations around Europe and the world. We done upgrades to applications and managed the business change.
When it comes to managing the different aspects of your business, an IT consultant can help with many different facets. As a business leader, you are in charge of all aspects of your business. You may have to tend to many different things you would rather not have to. This may include, being the administrator, salesperson, marketing lead, and even in charge of Information Technology (IT). Taking one or more of these jobs that don’t quite relate directly to your business can help you focus on the things that matter most.
Hiring an IT Consultant can be beneficial to your business, but finding one can be a task in its own.
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Let’s build something together.
Everyone can use a little help from a designated professional