Comprehensive Analysis: Benefits and Risks of ERP in IT Companies

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Added on  2020/10/04

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This report investigates the benefits and risks associated with integrating Enterprise Resource Planning (ERP) systems within information technology (IT) firms. The research addresses the core question of the advantages and disadvantages of ERP implementation. A literature review explores existing research on ERP, highlighting benefits such as streamlined processes and improved communication, while also acknowledging challenges like high implementation costs and the need for effective training. The research employs a qualitative methodology, utilizing an interpretivism philosophy and an inductive approach, with descriptive research design. Data collection involves both primary and secondary sources, with a random sampling of 20 senior managers from Atlassian IT company. The study identifies limitations such as resource constraints and respondent confidence. Ethical considerations were addressed, ensuring confidentiality and anonymity. The report concludes by emphasizing the relevance of the findings and the importance of considering both the benefits and risks when integrating ERP systems.
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Research Methodology and
Evaluation plan
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Table of Contents
1. RESEARCH QUESTION............................................................................................................3
2. LITERATURE REVIEW............................................................................................................3
3. THEORY.....................................................................................................................................3
4. RESEARCH METHODOLOGY.................................................................................................4
5. LIMITATIONS............................................................................................................................4
6. RELEVANCE..............................................................................................................................4
7. ETHICS........................................................................................................................................4
REFERENCES................................................................................................................................5
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TOPIC: To evaluate the benefit and risk of integrating enterprise resource planning in the
information technology firm.
1. RESEARCH QUESTION
What are the benefits of enterprise resource planning in the information technology firm?
What are the risk attached with ERP while integrating enterprise resource planning in the
information technology firm?
Significance : This research is conducted for in-depth understanding of the benefits and risk
attached with ERP while integrating enterprise resource planning in the information technology
firm.
2. LITERATURE REVIEW
According to (Costa and et.al., 2016), enterprise resource planning (ERP) is a software
which helps in integrating various function of the organization in a systematic manner to
streamline the process of information across various levels of the organization. ERP helps in
eliminative repetitive process and helps employees of Atlassian IT company to focus on more
important activity which leads too higher operational efficiency, performance and productivity of
the company which helps in effectively accomplishing organizational goals on a timely manner.
(Tian and Xu, 2015) argued that, implementation of ERP software into the organization leads to
heavy investment and is not cost effective. In relation to this, (Mahmud, Ramayah and Kurnia,
2017) sought to analyse that, it is difficult to use ERP and effective training session must be
given to effectively implement such software in the organization. (Saade and Nijher, 2016)
strived to analyse that, ERP gives effective and accurate information to get access to reliable
information which helps in improvising proper communication between various organizational
structure of Atlassian IT company. (Kocaaga and et.al., 2018, August) carried out a study and
establish that, ERP helps in effective decision making and reduces expenditure which leads to
enhanced business performance and secured and organized data.
3. THEORY
Theory of constraints: This theory comprise methodology and management philosophy
which can be applied by management of the company to consistently achieve goals and
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also ensure successful selection and implementation of ERP in the organization (Theory
of Constraints ensures a successful ERP selection and Implementation, 2014).
4. RESEARCH METHODOLOGY
BASIS METHODS
Research methods Qualitative methods (McCusker and Gunaydin,
2015)
Research philosophy Interpretivism philosophy
Research approach Inductive approach
Research design Descriptive (Kumar, 2019)
Data collection Both primary and secondary source of data
collection.
Sampling Random sampling is done by 20 senior
mangers of Atlassian IT company.
Data analysis Qualitative analysis where thematic analysis is
used.
5. LIMITATIONS
Issues faced while conducting research study was availability of limited resources and
time constraints was the major limitation while conducting the research study. The respondents
were not confident which led to another major limitation while conducting research study
(Fletcher, 2017).
6. RELEVANCE
The data has been collected from relevant sources and all the information presented in the report
is true and fair and gives accurate information in relation with enterprise resource planning.
7. ETHICS
The ethical consideration has been considered which conducting research study and no
harm was imposed on natural resources of the economy. Research was conducted by protecting
confidentiality and anonymity of the subject matter.
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