This document discusses research methodologies and their impact on organizations. It explores the importance of innovation and technology, strategies for incorporating them, and their impact on an organization. The document also includes insights from literature reviews and provides guidance on how to bring innovation within an organization.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Research Methodologies
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Contents SUBMISSION 1: Research Design Proposal..................................................................................3 Introduction............................................................................................................................3 Research Methodology...........................................................................................................3 Data Analysis 100...................................................................................................................4 Ethics, Values, Referencing and Presentation 100.................................................................4 SUBMISSION 2: Literature Review...............................................................................................4 Literature Review Introduction..............................................................................................4 Literature Review Main Body................................................................................................4 Literature Review Conclusion................................................................................................4 REFERENCES................................................................................................................................4
SUBMISSION 1: Research Design Proposal Introduction Research Aim:To identify the impact of innovation and technology for an organisation to take competitive advantage over others. A case study on Nestle. Research Objectives: •To understand the importance of innovation and technology on the organisation. •To identify the strategies that can be adopted by the organisation for incorporating innovation and technology. •To determine the impact of innovation and technology on an organisation. Research questions: •What is the importance of innovation and technology on the organisation? •What strategies can be adopted by the organisation for incorporating innovation and technology? •What can be the impact of innovation and technology on an organisation? Rationale of the research: The research is conducted by the researcher with the aim of determining the impact of innovation and technology within the Nestle as the organisation has been operating on a large scale. With the help of this research various strategies are identified that can be adopted by the company for efficiently managing and incorporating the innovation(Bark, Kragt and Robson, 2016). To facilitate this data will be gathered from different sources and analysed on the basis of which the recommendations will be made to the company in context of the strategies that can be adopted by them. Research Methodology Research methods: Research method defines the specific procedure in analysing and collecting data. Research Method can be classified as quantitative and qualitative research method where quantitative method emphasize focus on numerical data and qualitative research method is based upon interpretation of data variable that can facilitate in-depth research (Quinlan,2019). Quantitative research method uses questionnaire, surveys etc. while qualitative researchmethodincludesfocusGroup,contentanalysis,ethnographicresearchetc.For
undertakingisresearchtheinvestigatorwillbeusingboththemethodssothatbetter understanding is developed for the research topic Research philosophy: Research philosophy is considered to be a phenomena with the help of which information can be gathered and interpreted. Research philosophy is classified as positivism and interpretivism. The positivism approach is related with factual information which is gathered with significant observation by the investigator while the interpretivism philosophy is related with developing understanding of key elements and variable of research topic by involving human interest. To efficiently complete this research by gathering data interpretivism philosophy will be taken into consideration by the investigator as with this they can efficiently evaluate the human interest in technology and innovation(Strange and Humphrey, 2019). Research design: Research Design facilitates integration of all the components related to the results so as to ensure that problem related to the research can be resolved. The design of a research can be classified as exploratory design and descriptive design. Exploratory Research Design is based upon limited references that can be used by investigator for developing theoretical idea while the descriptive research design explain the detail behaviour all the elements that are included in the research(Litosseliti, 2018). For completing this research investigator will be using descriptive research design so that key behaviour of the study can be analysed without influencing the subject matter. Research approach: The research approach defines a set of assumptions that are identified by undertaking research project. There are two types of research approach inductive approach and deductive approach. Inductive approach is the one in which reasoning has been proposed in the end due to which it is useful for setting new theories while deductive research approach is based upon formulation of hypothesis for testing the validity of any specific theory. For undertaking this research the investigator will be using inductive approach so that they can generate new theories that can help them in resolving the issues faced by them(Noble and Smith, 2015). Data collection: It is important for the investigator to determine the data collection methods so that they can collect significant in information to facilitate the research. The data can be collected from two sources - primary source and secondary source of data. The primary source of data provides the data that is collected for the first time as per the research topic. It is collected by questionnaire method, surveys etc.While from the secondary source secondary data
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
is collected that has already been carried out by someone earlier and can be used by other than as per their research. Such data can be collected through books, journals, newspapers, articles etc. For this research the investigator will collect data from both primary and secondary sources recording the role of innovation and technology for an organisation. Sampling: Sampling is a method with the help of which a number of observations are selected from the population that comes under the research. It can be done through probability sampling and non-probability sampling. The probability sampling implies that all the sample have equal chance of getting selected and it includes various methods such as random sampling, cluster sampling etc. Whereas non probability sampling is the one in which samples are selected randomly through quota sampling, purposive sampling etc. In this research 30 employees will be selected from Nestle for gathering information by way of random probability sampling method. Data Analysis Data analysis is the process with the help of which the data so gathered by the researcher are analysed and findings are identified on the basis of which they make recommendation to the organisation. It can be done with the help of SPSS analysis as well as thematic analysis. For this research investigator will be focusing upon thematic analysis in which interpretation is done through themes and study of the variables so that conclusive results can be drawn(Ingram and Glod, 2016). Ethics, Values, Referencing and Presentation While carrying out the research, the investigator has to take into consideration the ethical framework in context of gathering data from authentic sources and their citation. At the time of this research complete anonymity is managed and maintained by the investigator as well as the information taken from the informed consent of the participants are kept confidential. SUBMISSION 2: Literature Review Literature Review Introduction Literature review is a survey of various scholarly sources related to a specific topic or the questions of the research. It is considered to be the secondary source for gathering information about the research topic and as it is dependent upon existing journals, books, articles the scope of undertaking research with the help of literature review is wide. Similarly for this research to develop the understanding of the impact of innovation and technology within an organisation
literature reviews are written.It facilitates to understand the viewpoint of various authors, bloggers, industrialist, analysts etc. in context to what extend the particular research topic can affect the organisation. For this research literature review is done for the research question that reflect importance of the innovation and technology for organisation, its impact on the operations as well as with what strategy they can incorporate innovative ideas in technological advancement at their workplace. Literature Review Main Body Importance of innovation and technology on the organisation According to Julia, most of the executives believe that their success is completely dependent upon innovation as with this organisation can stay competitive in the market with which the image of the company improves and thus it facilitates various opportunities to the employees. Innovation has ability to resolve various issues that are faced by the organisation as this offer better solution to meet with them. In addition to this it enhances the productivity of the organisation as with innovation and technological improvement the cost of production of the company reduces and it enables higher output. With the Improved productivity the efficiency of the organisation becomes meaningful as this manual work decreases, repetitive work can be avoided etc.It also has positive impact on the culture of the company due to which ability to acquire and the utilisation of competencies, skills and knowledge set improves. This also develops in environment of continuous learning and personal development that motivate people to constantly perform better and this improves the overall performance of the organisation. Continuous Innovation and Technology adoption increases the return on investment of the company as they can offer better products to the customer than their competitors(Importance of innovation, 2019). Strategies that can be adopted by the organisation for incorporating innovation and technology According to Catherine Park, innovation is must for the growth of the company and for this it isimportantthatbusinessutilizestheirresourcesefficiently.Organisationthataimto incorporate innovation and technology at their workplace continuously analysis various aspects and creative ideas to do so. Various strategies that are adopted by different organisations implementing Innovation and technology includes giving a sense of freedom to the workers which will make them think out of the box and encourage them to contribute to the creative process of innovation within the organisation, significant amount of resources must be provided
to the teams so that they can bring the ideas into action. Most of the companies to support this invest major portion in their Research and Development department as with this they can develop innovative concept for the development of product in future. The leaders of the organisation must invest their time in nourishing their worker by demonstrating different ways with which the employees can contribute in implementing Innovation and Technology in their work. Apart from this the leaders also need to develop an accommodating leadership style that facilitates in nurturing the attitudes of the individuals and enabling them to understand the importance of such technological advancement and innovation(Ways to bring innovation within the organisation, 2016). Impact of innovation and technology on an organisation According toBasias, successfulimplementationof innovativeideaandtechnological advancement has various positive impacts on the organisation but sometimes if the organisation could not adopt such innovation or technology then they may have to face various risks as well. Various positive impacts of incorporating innovation is that it facilitates and organisation to enhance their productivity, reduces the overall cost of production, contribute to the development of the economy, offer various opportunities to the people working with their organisation or create job opportunity for others etc. Apart from this it also give a competitive advantage to the organisation which is crucial to ensure their success and growth. But the risk which is associated withincorporationofinnovationandtechnologicaladvancementmayleadtosignificant financial losses to the company as they invest a large amount of funds for the ideas. Upon failure of innovation ideas the productivity of the organisation can also be affected because changes in technology have impact on the processes due to which their production gets affected. All this leads to reduction in the market share of the company as well as reduction in the profit margins because to keep the customer base the organisation has to reduce their prices to attract significant number of customers(Basiasand Pollalis, 2018). Literature Review Conclusion On the basis of the literature review it is identified that for the organisation it is crucial to understandboththepositiveandadverseimpactofincorporatingtheinnovationand technological advancement as with this they can manage the failure of the innovation if occurs. But to efficientlymanageand incorporatevariousstrategiesneed to beadoptedby the organisation such as allowing freedom to the employees, encourage them to provide their
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
suggestions and recommendations, think out of the box and grab the opportunity out of innovation etc. In this the leaders of the organisation plays crucial role as they can motivate them by creating vision for them. Organisations take initiative of implementing Innovation and Technology with the aim of taking competitive advantage and enhancing productivity, improving their market share, making their customer more loyal to them by satisfying their needs and wants and many more.To facilitate this they need to undertake effective planning so that such implementation can be managed well. REFERENCES Books and Journal Bark, R. H., Kragt, M. E., and Robson, B. J., 2016. Evaluating an interdisciplinary research project: Lessons learned for organisations, researchers and funders.International Journal of Project Management.34(8). 1449-1459. Basias, N. and Pollalis, Y., 2018. Quantitative and qualitative research in business & technology: Justifying a suitable research methodology.Review of Integrative Business and Economics Research.7. pp.91-105. Ingram, T. and Glod, W., 2016. Talent management in healthcare organizations-qualitative research results.Procedia Economics and Finance,39, pp.339-346. Johnson, R.B. and Christensen, L., 2019.Educational research: Quantitative, qualitative, and mixed approaches. SAGE Publications, Incorporated. Litosseliti, L. ed., 2018.Research methods in linguistics. Bloomsbury Publishing. Noble, H. and Smith, J., 2015. Issues of validity and reliability in qualitative research.Evidence- based nursing.18(2). pp.34-35. Quinlan, C and et.al., 2019.Business research methods. South Western Cengage. Strange, R. and Humphrey, J., 2019. What lies between market and hierarchy? Insights from internalization theory and global value chain theory.Journal of International Business Studies.50(8). pp.1401-1413. Online Importanceofinnovation,2019.[online]Available through:<https://www.viima.com/blog/importance-of-innovation> Waystobringinnovationwithintheorganisation,2016.[online]Availablethrough:< https://www.zippia.com/employer/workplace-innovation/>