Tuesday, May 5, 2020
Competitive Economic Landscape Organizations - Research Hypotheses
Question: Discuss about the Competitive Economic Landscape Organizations. Answer: Introduction The competitive economic landscape has organizations seeking advantages over another. Gherman, Brad and Dincu (2016) suggest the competitiveness of organizations can be enhanced with training and development of its employees to keep pace with the evolution of organizations within the dynamics of an organization. The aim of this research would be to establish the relationship between the internal training, development and motivation of employees and the competitive advantage of the firms. Literature review Moreover, Gherman, Brad and Dincu (2016) suggest the motivations of its workforce become more powerful with knowledge as organizations diversify and crease in complexities. Furthermore, as organizations grow both in size and complexity, organizations are including knowledge skills as a means to inspire individuals and strengthen teams and the partnerships within organizations (Gherman, Brad and Dincu, 2016). It is believed that organizational leaders must monitor the effectiveness of the design of the organization is a necessary step toward maintaining the longevity of the organization (Pinder, 2014). With the expansion of technology and its effects on how people in organizations work and communicate with each other it is important for organizational decision-makers to determine the best methods to maximize human resources (Powerful, 2013). Research questions and hypotheses Research questions This research has two key research questions. These questions can be discussed as: How can internal training and development improve the competitive position of the firms in the competitive markets? How can motivation of employees influence the competitive position of the firms in the competitive markets? Hypotheses The internal training and development programs for employees help the organization to gain competitive advantage in the market. Operational definitions and measurement Training Development: The internal training program for employees as devised by organizations. Research methodologies: Data collection and analysis Sampling techniques The primary research methods and secondary research methods would be utilized to complete this research (Pickard, 2013). The primary research would be done in the form of online survey and the secondary research would be done on the data collected through literature review. The primary research methods and the secondary research methods for this research work can be discussed as: Primary research A random sampling method would be used to pick 80 executives from the Australian firms. The firms would be multinational firms that have to operate in the global competitive environment. The online survey method may not work best to collect qualitative information (Valencia, 2011). Therefore, focused group interviews would be done to collect qualitative information through open-ended questions. Therefore, the primary research would use both online survey and focused group interviews. There are various types of sampling methods that could be used to create a sample of 80 people. In this research work, the researcher would use systematic or stratified sampling methods. The researcher would ensure that the sample is representative in nature. It can be done with the use of few constraints in the sample collection. These constraints can be highlighted as: C1: At least 20% of the population/ respondents (80 people) are female executives C2: At least 20% of the respondents (of 80 people) would be the members of leadership team of multinational organizations Secondary research The secondary research would be an important part of the entire research process. The secondary research would be done through literature review. To complete the literature review, the researcher would conduct an extensive literature review (McDonough, 2011). The sources of literature review would include both online and offline resources. The online sources of literature review would include the online library and credible web sources. The offline sources of literature review would include the books, magazines and articles. Method of analysis The data collection and analysis would be a complex process in this research work as there would be both quantitative and qualitative. The researcher would collect the quantitative data from online survey. The literature review would be the base for the qualitative data (Hair, 2007). To complete the data analysis, the researcher would use the statistical tools, SPSS, spreadsheets and Microsoft Excel. Research process The research process that the researcher would use in this research can be discussed as: Step 1: The research objectives and research problem This is phase in which the researcher would define the research objectives and formulate the research questions for this research work (Carr, 2012). The two research questions for this research work are already defined. Step 2: Extensive Literature Review This is the phase in which the researcher would carry out the literature review of online and offline sources (Brummans, 2013). The researcher can slightly modify the research questions after the literature review. Step 4: Primary research and Data collection For this research work, the primary research has two components of online survey and focused group interview (Robson, 2011). In this phase, the researcher would mail the online survey to the sample population. Step 5: Data collection and analysis The data collection and analysis would be a complex process in this research work as there would be both quantitative and qualitative. The researcher would collect the quantitative data from online survey. The literature review would be the base for the qualitative data (Hair, 2007). To complete the data analysis, the researcher would use the statistical tools, SPSS, spreadsheets and Microsoft Excel. Step 6: Conclusion and Results In this phase, the researcher would compile the results and would create a formal report from the research. The formal report would have the expected outcomes and the objectives that research has achieved. Expected outcomes It is expected that the researcher would be able to meet the desired objectives of this research. It is expected that the researcher would be able to establish the relationship between the internal training, development and motivation of employees and the competitive advantage of the firms. Conclusion The above paper is the research work in the area of training and development of employees and the impact of training programs on the competitive position of the firms. References Caron, A. H., Hwang, J. M., Brummans, B. H., Caronia, L. (2013). Business writing on the go: How executives manage impressions through e-mail communication in everyday work life. Corporate Communications: An International Journal, 18(1), 8-25. Hair, J. F. (2007). Research methods for business. Lin, H. E., McDonough, E. F. (2011). Investigating the role of leadership and organizational culture in fostering innovation ambidexterity. Engineering Management, IEEE Transactions on, 58(3), 497-509. Naranjo-Valencia, J. C., Jimnez-Jimnez, D., Sanz-Valle, R. (2011). Innovation or imitation? The role of organizational culture. Management Decision, 49(1), 55-72. Pickard, A. J. (2013).Research methods in information. Facet Publ. Pinder, C. C. (2014). Work motivation in organizational behavior. Psychology Press. Powerful, W. I. O. C. (2003). Leading by leveraging culture. California Management Review, 45(4), 20. Robson, C. (2011).Real world research: a resource for users of social research methods in applied settings. Chichester: Wiley. Zikmund, W., Babin, B., Carr, J., Griffin, M. (2012).Business research methods. Cengage Learning. Gherman, R., Brad, I., Dincu, A. (2016). The role and importance of human resources in organizations. Agricultural Management / Lucrari Stiintifice Seria I, Management Agricol, 18(2), 63-66.
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