BFA704 Work Placement Assignment Sample 2024
Introduction
Angelov consultant ltd is mainly associated with different software development and service support to their clients. This study will be briefly discussed the services provided by Angelov consultant ltd to their customer or clients. This study will discuss the different problems faced by any software development company.
Different factors in any organization play different roles in the marketing and promotion of their services or brands. Achievement against the objectives in software development and support services business will also be highlighted in this study. Personal development plan and reflection will also be briefly discussed in this research study.
Summary of organization and learning contract objectives
Angelov consultant ltd is one of the reputed companies based in London city. It is a service-based company that provides different software services to their respective clients. They mainly engaged with software development for both domestic and business purposes. It is one of the main sectors of their businesses.
Another sector of their business is associated with consultancy activities related to information technology (Manning and Parrott, 2018). They act as consultants of information technology for their different clients. It is one of the most important sectors of their whole business. They also provide other business support services to their clients.
In their business, it is necessary to maintain quality control to provide experienced services to their clients or customers. Quality control is one of the foremost important things in software service providers where they check different functions of any software. In this case, they have to check how their software runs without any errors.
Software service providers like Angelov consultant ltd should have to ensure the safety and privacy of their software which increases their client’s trust in their services. They have to maintain different strategies in making software for domestic and business purposes. It is very helpful for them in cost-effectiveness in their business (Martin et al. 2019). In software development, process developers have to face many challenges which are very crucial for their business.
One of the most important barriers in software development faced by the Angelov consultant limited is changing the requirement process during the development process. Any kind of change in the development process is very difficult for developers to meet (Shorland et al. 2018). Sometimes software developed by Angelov consultant ltd fails to give actual results to its clients or customers. This kind of scenario can damage the company’s reputation in the market.
Building stakeholder is one of the most important jobs in any software and service support provider company. Without stakeholders, companies cannot get the financial support that is required to develop software and support service providers for the clients.
Stakeholders play a crucial role in maintaining sustainability in the business of the Angelov company which is very vital for their overall growth. Project controls and procedures have a vital role in organizational progress (Bivall et al. 2021). It collects resources for the organization and tries to properly use these resources to achieve organizational goals.
In software development and service providers company projects control and procedures refer to critically analysing different factors of any project and solving problems with the help of appropriate project control tools.
In software development and service provider company quality assurance plays a significant role in organizational success. Before delivering any software or services to their respective clients it is necessary to ensure their quality. In this case, it has become essential to check any kinds of defects in software or services. Quality assurance builds trust or faith in customers or clients in their service provider company (Winchester-Seeto and Piggott, 2020).
In running an organization successfully, it is necessary to build a sound infrastructure for the internal and external work. In software development companies’ Effective organizational structure is necessary from top to bottom which is very crucial to maintain business sustainability.
Insurance and details are necessary to build good relationships with customers and employees. Insurance of every employee encourages employees to maintain quality in their work. Appropriate organizational planning is necessary to increase organization operational performance. Proper planning and strategy in any software development company are necessary to enhance efficiency in internal processes and it defines the roles of every individual employee (Dean et al. 2020).
Software blueprint is the most important graphical documentation of software which is based on high-level software development outline plan and computer programming. Blueprints of software are very important to protect software privacy and safety.
Financial management has a significant role in the business of Angelov consultant limited. Financial management provides financial sustainability to the company. With the help of financial management company generates more revenues and profit from the market. It reduces financial loss and helps to identify problems of any company in their financial structure.
Detailed projects reports are very important to check every phase of any project related to other software development and service provided to the clients. Detailed reports of any projects are very useful for future activities.
The fair price policy of every product or service enhances customer interest in any brand. Fair price policy refers to setting up prices of any individual products or services. In this case, companies should have to identify market potential and customer interest in their products or services.
Before setting fair prices for any products or services customer research and market analysis are very essential. Companies should have to prepare their products or services according to the interest of customers in any market (Jackson, 2018).
The next step of any software development company is to develop digital marketing promotion which helps them to quickly promote their brands or services in the customer market. In the modern digital era companies should have to adopt digital promotion of products or services which is very cost-effective. Digital marketing promotes any products or services very quickly and builds a customer base.
Creating brand awareness among people is one of the most important factors in increasing their loyal customer base. These kinds of initiatives engage more people with the services and create brand value among customers (O’Donovan, 2018). Nowadays more people spend most of their time on social media. Hence social media advertisement is very effective in brand value creation.
Analysis of achievement against objectives
Different factors described above give important lessons related to software development and support services business. With the help of quality control, anyone learned about the interest of customers to get higher quality products from producers. Quality control teaches about how the quality of products or services has an impact on the customer’s mind (Tomczak et al. 2018).
Quality control is necessary to eliminate any kinds of defects or mistakes in software or services that are ready to deliver to their respective clients or customers. Quality control ensures quality services are provided to the customer which increases the sustainability of business in the market.
The discussion mentioned above gives a lesson about the importance of building stockholders in any business. Stockholders have an interest in the performance of the company because in a successful company more stockholders are interested in buying their stocks (Capper, 2021).
In a well-performing company, the stockholder is considered the owner of the company. Project controls and procedures teach about the importance of different procedures in any project which is very crucial for organizational progress. Procure management helps an organization build a proper strategy for every phase of its work (Caspersen and Smeby, 2021).
From the quality assurance process, it has been learned about the importance of quality assurance for any software developer or service provider company. Quality assurance eliminates errorful products or services. Companies ensure defect less products and services to their customers by quality assurance of their products or services. Assuring the quality of services enhances customer trust in any brands or services.
The discussion mentioned above gives a lesson about the importance of financial management to make any business organization economically sustainable. A company has to focus on economical sustainability in their organization in every stage of economic activities. Economical sustainability helps companies to take economical risks to achieve their long-term organizational goal.
The earlier discussion gives lessons about the role of social media marketing in the promotion of any brands or products in any particular market. Social media is an easily available and free medium to promote brands or their services. It helps business organizations to engage with a large number of customers very quickly (Ndlovu and Mofokeng, 2018).
Digital marketing is more cost-effective than traditional marketing. It helps companies save huge amounts of money on advertisement. Due to this reason, they are more capable to invest their money in quality or products or services which they want to deliver to their customers.
There are certain fundamental requirements in case of the development and the proper functioning of an organization. There are basic requirements of the process where the influence is basically taken by an organization itself in case of the quality management and controlling the production (Sumaryati et al. 2020). To reduce the costs and increase production is considered to be the essential aspects of an organization seeking to have proper functioning of the workplace along with the market operations.
In the case of financial management, it is essential to look into the resources and the mitigation strategies of a firm that can lead to the betterment of the functional application. Such as, if the requirements of the stakeholders are fulfilled they showcase enough interest in case of process development of the association and withhold their opinion on the business management (Safkaur et al. 2021).
Angelov Consultant deals with the client requirements and meets their criteria with effective strategies. In order to retain the standard, a quality enhancement mechanism is required to be established.
The basic needs of a business firm are associated with quality control, stakeholder management, financial agreements and book keepings, internal management, market analysis and insurance and asset management. All of them are required to be handled with the prudent accuracy of which the betterment in the protocols can be achieved.
Angelov Consultants Ltd is operating under several modes of application. Apart from the financial management schemes and methods, it is also focused on marketing strategies (Rahayu and Gunawan, 2018). Taking the recent events into account the marketing strategies of the company is commendable where systematic approaches are taken for the business development and generating more leads.
Classification of the automation and making the process smoother in case of the marketing standard is needed to focus on certain fundamentals associated with the marketing standard. These standards are determined and regulated by certain variables which are proper methods associated with the advertisement campaigns, incorporating the fair price policies, occasional modification of the promotional materials and lots more (Pascual Pedreño et al. 2021).
Along with it, customer research and market analysis play a crucial role in determining the business strategies and launching products. In this digital era, another concluding and effective method to popularize the products is by using digital marketing campaigns. Here, direct interaction with the customers and counting them in the marketing campaigns are considered to be effective in finding the optimum solution to popularize a brand.
Reflection and personal development plan
During the internship in the company Angelov Consultant Ltd. I have come across certain challenges associated with the professional approaches that I have not obtained during my educational career. In the case of finance management, performing the business development with the changing requirements of the clients often seems difficult to me as there are fewer options available to me to conduct a bundle of works within a short time span.
Management of time according to the work profile is quite an important aspect that is required to be accomplished (Iswanaji, 2019). Prudent knowledge on a topic often brings out the options for an organization to count the measles in handling the situations but the practical approaches are quite different from the theoretical applications (Andrian et al. 2018).
Measures that the theories provide in the academic career are true and effective up to a certain level but new instances and the situation require the presence of mind the analytical perceptions to count the critical factors.
At the time of my appointment in the firm, I was optimistic to conduct the operation properly with effective efficiencies and I assured myself there was going to be hardly any options for me to make mistakes. I was proven wrong not by any person but by the situation. It taught me that I have way more paths to convert to reach the pick.
Fiance management, accounting, stakeholder management, internal infrastructure management and other responsibilities were levied on my shoulders while the commendable fact is I already had gained theoretical knowledge on them. I also had studied certain scenarios that came to my mind and made them count in the professional application.
Apart from the financial activities and business development mechanism in the organization I also have conducted marketing related operations. Marketing gives any organization the options to showcase the functionality and effectiveness of the products to the targeted customers (Abd Rahman et al. 2019).
There are many methods that can provide effective marketing campaigns to the organizations such as advertising on tele mediums and in recent days the most prevalent is digital marketing. In Angelov Consultant Ltd. I performed my responsibilities as a marketing executive too where I needed to marketise the attractive holiday packages on the different platforms. The track was considerably effective in the sense that it could generate enough leads to the business organization which could provide commendable business to the organization.
In the gradual conduction of my works and responsibilities, I came across certain ideas that I did not acquire at the time of my academic life. Knowing and understanding the ethical policies associated with keeping the records or retaining good relations with the stakeholders is one of them.
Again, finding the mechanism of doing the work as per the requirement of the company by gathering resources was a tough challenge for me. Gathering information and finding the patterns from the collected data is not an easy task to commence (Picazo and Moreno-Gil, 2018). It requires prudent knowledge in the associated field along with accessibility to the technology that can provide a reliable standard of professionalism.
Marketing the products and knowing the standard and market demands are the essential aspects for the marketisation of a brand. I performed the job of marketing the holiday packages on the different platforms of which enough leads can be generated. It required marketing knowledge and the methods of using the advanced tools (Shahijan et al. 2018).
Knowing the competitors and their efficiency in the same profession is an important factor in the case of marketing. Checking the company’s capabilities where I associated myself and comparing my skills with the other market professionals was a challenge for me. I enjoyed the challenge as it gave me the opportunities, the policies, psychology of the customers and the competitors and allowed me to find my own flaws.
The activities in the organization during my internship period were challenging and at the same time interesting to count into the basic requirement for the professional development purpose. It allows in finding out the flaws and the effective strategies to meet the requirements and find the conclusive approaches by which the conduction of the operation either in finance or in marketing can be properly done (Lin and Kuo, 2019).
After counting the effectiveness, I found certain flaws and wish to highlight in this context in order to justify myself and make my professional career better. Quick thinking, making decisions, keeping records and retaining knowledge are some of the crucial factors that I had a chance to polish.
| Skills | Timeline | Improvement Strategies | Future Benefits |
| Time Management | 30 days | Finding the crucial and critical mechanism to reduce the time for conducting an operation is quite essential to consider (Ganatra et al. 2021). One of the best methods to conduct a job without commencing more labour or consuming time is by avoiding the unnecessary or negligible factors and classifying the important aspects. | It can improve the efficiency of many folds and I can obtain scopes to focus on my associated endeavours. |
| Team Management | 15 days | It is necessary to manage a team by ensuring the common objective for the benefit of the organization (Sumaryati et al. 2020). It is possible by understanding the needs of all the associates and counting them in the mainstream of the operation. | It can improve my leadership qualities of which I can meet the requirements of the organization at the same time improve in my career. |
| Analytical skills | 20 days | With the analytical skills, it is possible to manage the conclusive outcomes that can impact the operation. It is helpful in a quicker approach to the patterns of which effective decisions easily can be taken (Safkaur et al. 2021). | I can find the solutions to complex problems easier and contribute to the growth of the organization. |
| Technical Skills | 30 days | Adaptation of the changing nature of the technology requires having sufficient knowledge of the platform (Rahayu and Gunawan, 2018). Sorting out the necessities in case of technology and checking the operation strategies can provide sufficient options to count the measures. | Improved technical knowledge can increase the chances of me taking myself for granted to the desired job role. |
Table 1: Action Plan
(Source: Safkaur et al. 2021)
Conclusion
In the end, it can be concluded that it is simple enough to learn but it is difficult enough to implement it in the profession. Job roles and responsibilities can be conducted easily if a person acquires both theoretical and practical knowledge. It increases the possibilities of the organization to commence the factors that can be proven effective in the profession.
As in this case, financial activities require certain knowledge on the operation and management of an organization. It also needed an enlarged vision on the strategies of which the internal and external factors can be properly balanced. On the other hand, marketing operations require an analytical sense. Judgemental capacities along with technical knowledge are counted as the utmost requirement in the marketing of the products and increase the sales.
References
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