Tuesday, May 5, 2020
Research Methodology in Strategy and Management
Question: Discuss about the Research Methodology in Strategy and Management. Answer: In recent times, the main HR related issued faced by the businesses or firms is finding the right people. Selection the appropriate way of recruitment is always an issue of the function hall business in Sydney. Function hall business in Sydney has faced issued in recruitment due to it cannot able to spend high amount on the employee selection or recruitment as well as due to the new in the market or no reputation talented or experienced employees not want to work with it. In the present time, diverse sorts of techniques or ways are utilized by the capacity corridor business in Sydney to select the best competitor (Martin, 2006). Internal and external recruitment are the two essential procedures that are utilized by today's capacity lobby business in Sydney to select the gifted competitor. In the interior procedure, the capacity lobby business in Sydney is advancing the workers inside the association keeping in mind the end goal to satisfy up and coming position. In addition, the func tion hall business focuses on different external sources such as: advertisement in newspaper, online recruitment, public advertisements, campus recruitment, and help of recruitment consultancy firms and management consultants to recruit the best suitable employee (Saks, Haccoun Belcourt, 2010). The main aim of this study is to investigate which recruitment strategy/practice (internal rather external) would be appropriate for the function hall business in Sydney. Research Title The title of this research would be to research the internal promotions vs external recruiting practice in function hall business in Sydney: in the context of The Grand Roxy. Literature Review According to Jepsen, Knox-Haly Townsend (2015), the main HR related issued faced by the small business as well as large firm is finding the right people. Selection the appropriate way of recruitment is always an issue of the new small business. New small business has not able to spend high amount on the employee selection and recruitment as well as due to the new in the market or no reputation talented or experienced employees not want to work with new company (Jepsen, Knox-Haly Townsend, 2015). The function hall business in Sydney also not wants to do more efforts in recruitment or selection of employee, but need the talented or experienced employees those to be totally committed to the success of the business. In the word of Almeida, Fernando Sheridan (2012), the function hall business face issues during recruit or select talented or experienced employee into leader position within the business. Choosing the right candidates of the top authority or leader is the challenging task of the function hall business. More than selection of the appropriate candidate for the post or job retain and maintain it for the function hall is the difficult aspect of the business. The function hall business faced the issued to retain the talented or experienced employees because it will not able to same compensation, benefits and facilities as already established competitors or large businesses paid (Almeida, Fernando Sheridan, 20012). Jones, Whitaker, Seet Parkin (2012) the most commonly used the internal recruitment methods are internal advertisement, promotion, transfer, reemployment of former employees or retired employees, and hired on the basis of contract or part-time work (Jones, Whitaker, Seet Parkin, 2012). These internal methods of recruitment are cost effective and save the time for the business, so it is much effective and significant of it. In addition, Kramar (2012) stated that in Sydney, the business will also use different external recruitment strategies such as grounds enlistment, work entrances, work fairs and courses, past hopeful holding up records, vocation trades, direct walk-ins, job consultancies, references and recommendations, online recruitment sites and advertisement in newspaper, magazines, and website, etc. (Kramar, 2012). Research Questions The following are the research questions that help the researcher to find out effective way of achieving the research objectives. In relation to this research, the following are the research questions: 1. Which method of recruitment would be appropriate for the function hall businesses in Sydney? 2. Are the internal and external recruitments strategies applied by the function hall in the Sydney? 3. What kinds of internal and external recruitments strategies can be used by function hall businesses in the Sydney region? 4. Is internal recruitments strategies would be appropriate for the function hall in the Sydney? 5. Is external recruitments strategies would be appropriate for the function halls in the Sydney Research Methodologies and Techniques Research methodology is an essential part of the research study that influences ability of the researcher related to the successful completion of the study. It is description of the overall approach to direct research all together that accomplish the examination point or destinations. As the nature of information and data is essential requirement for maintain the reliability and credibility of this research outcomes. Appropriate methods and techniques will be applied by the researcher to complete the research in the best possible way (Jonker Pennink, 2010). In this section, the research problems are explored by applied the qualitative and quantitative research design methods to collect the appropriate data or information for accomplish the research objectives. Moreover, mixed method of qualitative and quantitative research design would also help the researcher to gather appropriate data and information regarding the research problems. In this, primary and secondary data collection sources applied to collect the appropriate information that helps to investigate the research problems or hypotheses. The secondary data is gathering to collect the views of different authors on internal promotions vs external recruiting practice effectiveness for function hall business in literature review part, while the primary data gathering to collect the views of participants through conduct questionnaire survey (Mackey Gass, 2015). Moreover, both data collection sources would help to collect quality or reliable data that accomplish the research successfully. A Project Plan A Gantt chart and clearly defined milestones create explains overall project plan due to they showed the all activities of this research study. The below table presented the Gantt chart and milestones of this study that provide the guidance of the researcher to accomplish the objective of this study: Gantt chart: Activities 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Weeks Introduction Literature Review Research Methodology Questionnaire Formation Questionnaire Distribution Collection of Responses Analysis of Data Findings Presentation Relating Research Objectives with the Findings Conclusion and Recommendations Milestones: The milestone expresses the main events of this project plan that provide guidance of the researcher to accomplish the study. The following are the main milestones of this study: Week 1: Introduction Week 6: Literature Review Week 7: Research Methodology Week 12: Data Collection and Analysis Report Week 14: Final Business Research (Capstone) Thesis Research Process Description: The overall process of this project would be divided into five milestone points that are the main chapters of this research study (shown in the below diagram). This section justifies and describes all five chapters that provide the guideline related to successfully accomplish of this study. The below section describes the overall process of this research project: First chapter: Introduction is the first chapter, therefore as per the name indicates this chapter provides the brief introduction of research problems, explains justification or importance of topic, main aim or objectives, research questions or hypotheses, strengths or weaknesses, and ethical considerations related to project plan (Bergh Ketchen, 2009). This part increases knowledge and understanding of the researcher that would help it to accomplish the research successfully with maintains the credibility and reliability of the outcomes. Second Chapter: Literature review is the second chapter there researcher presented the views of different authors or scholars on the research topic or problem that is an effective way of gathering the secondary data (Flick, 2015). Then researcher will use the scholars or articles, books or published sources, companies official sites or annual reports, and online sites to conduct the literature review. Chapter Three: Research methodologies and techniques is third chapter that properly justified the selection of the research approach, philosophy, strategy, design, sources or methods of data collections, sample size, and sampling techniques that would apply to complete the study without any problem. The descriptions of methodologies and techniques provide the guidance of the researcher regarding the best possible way to accomplish the outcomes (Miller, Birch, Mauthner Jessop, 2012). Chapter Fourth: Data collections and analysis is the fourth chapter that explains the main finding of the study in the forms of tables, graphs and pie/line charts. This chapter analyse the information through inter-related the primary and secondary data to find out the combined and main result of this study (Mackey Gass, 2015). Final fifth chapter: Conclusion Recommendation is the last chapter that expresses the overall conclusion of this study. This section also explains the issues faced by the researcher and recommends the ways to face challenges that helps the researcher or readers in the further study (Silverman, 2016). This research main outcome predicts that function halls in Sydney applied both the internal promotions and external recruiting practice to recruit talented employees. Data Collection Data Analysis The credibility, quality and reliability of the research are based on the selection of appropriate way of data collection for study. The primary and secondary sources generally applied in any kinds of research to investigate the problems or hypotheses. In this, both primary and secondary types of data collection methods use to collect information according to the mixed of qualitative and quantitative research design methods applied in this research (Bergh Ketchen, 2009). The primary data is collected through use of questionnaire survey methods that is an effective way of collect the actual way of participants on the research problems. In the context of the questionnaire survey, the random sampling method would use to select The Grand Roxy employee for collecting their responses on internal promotions and external recruiting practice would be appropriate for the function hall business. The secondary data is collected through conduct literature review their researcher expressed the di fferent authors or scholars opinions on research problems (Jonker Pennink, 2010). Moreover, due to the limited amount of data, the statistics data analysis techniques (i.e. correlation, regression, T-test, and others) would not apply in this study. The researcher will analyze the data through inter-related both primary and secondary data to find out the main conclusion of this study. Description of Expected Research Outcomes: The proper description of the research process or project plan expresses some outcomes of this study that help the researcher to achieve the objectives of dissertation. The expected outcomes pointed that internal promotions used by the functional hall business in Sydney to fulfill their recruitment need. This research also expressed that change in technology, customer preferences, market demand and economic situation created risks and threats of functional hall business in Sydney, so they also apply the external recruiting practice to hire young blood with new ideas or new skills (Devaney, et al., 2015). It also expressed that in recent times, the functional hall business applied the internal and external both recruitment practices on the basis of their recruitment need to hire best employee for maintain their performance and success of business. Ethics Checklist Ethical consideration is the basic requirement of any research, so that the researcher must be behaved ethically to maintain the credibility of this research study. The researcher would be considered the ethical checklists as use the authentic sources and given credit of authentic sources by present references lists and citation (in-texting) as per the university guideline. The selection of authentic sources and given credit of the authors or sources is an effective way to enhance the quality, credibility and reliability of outcomes or findings. In addition, the researcher would be keeping confidentiality of respondents while collect data from conduct the questionnaire survey (Miller, Birch, Mauthner Jessop, 2012). The researcher must be preventing human privacy rights through keeping confidential of participants and preserved the respondents personal detailed to maintain ethics of this research study. References Almeida, S., Fernando, M., Sheridan, A. (2012). Revealing the screening: Organisational factors influencing the recruitment of immigrant professionals. The International Journal of Human Resource Management, 23(9), 1950-1965. Bergh, D. Ketchen, D. (2009). Research Methodology in Strategy and Management. United Kingdom: Emerald Group Publishing. Devaney, C., Kearns, N., Fives, A., Canavan, J., Lyons, R., Eaton, P. (2015). Recruiting and Retaining Older Adult Volunteers: Implications for Practice. Journal of Nonprofit Public Sector Marketing, 27(4), 331-350. Flick, U. (2015). Introducing research methodology: A beginner's guide to doing a research project. USA: Sage. Jepsen, D., Knox-Haly, M., Townsend, D. (2015). Recruitment practices in Australia: A review and comparative research agenda. Employment Relations Record, 15(2), 5. Jones, J. T., Whitaker, M., Seet, P. S., Parkin, J. (2012). Talent management in practice in Australia: Individualistic or strategic? An exploratory study. Asia Pacific Journal of Human Resources, 50(4), 399-420. Jonker, B. Pennink, B. (2010). The Essence of Research Methodology: A Concise Guide for Master and PhD Students in Management Science. Germany: Springer. Kramar, R. (2012). Diversity management in Australia: a mosaic of concepts, practice and rhetoric. Asia Pacific Journal of Human Resources, 50(2), 245-261. Mackey, A., Gass, S. M. (2015). Second language research: Methodology and design. UK: Routledge. Martin, V. (2006). Managing Projects in Human Resources, Training and Development. USA: Kogan Page Publishers. Miller, T., Birch, M., Mauthner, M., Jessop, J. (2012). Ethics in qualitative research. USA: Sage. Saks, A.M., Haccoun, R.R. Belcourt, M. (2010). Managing Performance Through Training and Development. UK: Cengage Learning. Silverman, D. (2016). Qualitative research. USA: Sage.