Reflective Journal: Module 1 - Australian Automotive Industry Collapse

This reflective journal analyzes the collapse of the Australian automotive industry, examining the factors contributing to its failure, such as the lack of economies of scale, cheaper production inputs overseas, and free trade barriers. The journal explores the impact of this collapse on various asp...Read More

REFLECTIVE JOURNAL
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Table of Contents
MODULE 1..........................................................................................................................................3
Application of theoretical concepts to the case...............................................................................3
Conflicts or problems.......................................................................................................................4
Applied changes to overcome the conflict.......................................................................................4
Impact on professional development...............................................................................................4
REFERENCES.....................................................................................................................................5
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MODULE 1
Reflective statement portrays the learning process and experiences that researcher has
gained through conducting the investigation (Knott and Scragg, 2016).
Application of theoretical concepts to the case
According to the case study provided, I studied that till the end of the year, Ford, Holden,
Mitusubishi, Toyota were assemble their automotive components overseas because of less cost of
production. It will arise difficulty for the Australian automotive sector due to shortage of
accessories or car components, which in turn, will result in significant loss of the job and output as
well. There are many reasons that I founded in the case scenario as a reason behind the failure or
collapse of the industry such as lack of benefits of economies of scale, too small market, cheaper
availability of production inputs at foreign lands such as labor and parts, less tariff charges and free
trade barriers (Valadkhani and Smyth, 2016).
It will adversely affect the PSTS viability that provides services to the architecture,
computer system design, engineering, advertising, market research, consultancy and many others.
the collapse of the automotive sector will have a direct impact on the loss of job of full-time worker
in both the downstream and upstream industries.
(Source: Mariuz, 2016)
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Looking to the table, I analyzed that collapse or failure of the industry will greatly affect the
R&D operations. The reason behind this, is car manufacturers conduct training sessions in order to
render technical and professional support and guidance to the employees to improve their talent,
competencies and knowledge, thus, no-doubt, industry collapse will bring significant loss in R&D,
technological innovations & also affect survival of other industries (Mariuz, 2016).
Conflicts or problems
At the initial stage, it was too challenging for me to in-depth analyze the study because it
was too time-consuming process requiring extreme level of commitment and focus. Thus, lack of
understanding of the concept and poor-time management skill caused difficulties for me in
developing an in-depth understanding of the collapse of the industry. Moreover, poor critical
thinking and analytical skills arisen problems for me in completing the study. Show More
Applied changes to overcome the conflict
I developed a time-based action plan to overcome the issues and complexities in completing
the study. Moreover, prioritizing enable me to complete the work within given time duration. Apart
from this, I also take assistance of my tutor, family members and friends, and their guidance and
supports proven really helpful for me to overcome issues and complete the entire study successfully.
Impact on professional development
The analysis of the theories and concepts through the study strengthen my professional skills
in diversified ways. It improved my research skills and critical thinking skills to analyze and
examine the collapse of the Australian automotive industry thoroughly. Moreover, it also brings
substantial improvement in my analytical skills and develops self-confidence in myself. In addition
to this, devising action plan helped me to ensure the progress of the study and contributed to
improve time-management skills to a great extent that provided valuable and precious benefits at
professional level.
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REFERENCES
Books and Journals
Knott, C. & Scragg, T. (2016). Reflective practice in social work. Learning Matters.
Valadkhani, A. & Smyth, R. (2016). The effects of the motor vehicle industry on employment and
research innovation in Australia. International Journal of Manpower. 37(4). pp.684-708.
Online
Mariuz, D. (2016). Collapse of Australian car manufacturing industry. [Online]. Available through:
http://www.swinburne.edu.au/news/latest-news/2016/10/collapse-of-australian-car-
manufacturing-industry-.php> [Accessed on 4th March 2017].
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