Discuss about the advantages and Disadvantages of outsourcing in any Business Organization.
I have been engaged in the conduction of the research project that aims to investigate the advantages and disadvantages of outsourcing in any business organization over the course of 12 weeks. I would like to mention here that the research experience has been largely beneficial to me as it has enabled me to enrich my research skills, and the first hand research experience has been nothing short of a priceless experience for me. As part of my academic curriculum, as well as out of my deeply rooted interest in the outsourcing activities of the business enterprises, I set into the project with the purpose of examining the advantages and disadvantages of employing the use of outsourcing, with special reference to retail giant Telstra. Although initially I did not have any prior knowledge in research and hence lacked the courage to carry out the research confidently, my professor as well as peers largely helped me gain insight into the research techniques, and complete the research successfully. Here, I am going to narrate my research experience, as obtained through the concerned research.
To begin with, I would like to state that a very old saying has it “"Give me a fish and I eat today. Teach me how to fish and I will eat for a lifetime". So far I had read about a variety of important business theories and concepts, but never had I been able to use my existent knowledge in order to create new source of information. My knowledge has primarily remained confined to the class notes and study materials I used to gain access via the online database of our libraries. However, the first and foremost thing that I learn during Week 1, was the importance of developing new ideas from the existent knowledge, in order to contribute to the existent knowledge. During Week 3 to Week 6, I was being taught about the methods of conducting literature review, in order to get a clear insight into the central ideas, key themes and the theoretical models of the research topic. Initially, I was unable to develop new ideas from the wide range of varied ideas I was being exposed to. However, by the end of Week 7, I learnt the process of identifying the research gap that needs to be addressed first, before defining the research aims and objectives. I learnt that it is not sufficient to go through a wide range of information, but I also needed to see what was not being discussed, or which aspect of the concerned topic, could still be explored by me. Not only so, I would also like to mention here that slowly the research itself developed into something surprisingly intensive. Sometimes it was difficult wading through the scholarly research, getting hung up on unfamiliar words or concepts, or simply getting lost in the format and impossible dialogue. I often became frustrated and overwhelmed as well. However, in the process of conducting the research, I learnt the importance of working dedicatedly and in an organized way towards the accomplishment of a single goal even though the entire process might seem time-consuming. The research had taught me to work perseveringly. While seeking to find the answer to my research questions, I learnt how to gain access to a variety of literary articles and analyse the same, to extract the most vital information. Initially, I did not use to gain access to a variety of articles, and tried to focus solely on the class noted provided by our lecturer. However, by the end of Week 7, I had expanded the horizon of my knowledge, by gaining access to a wide variety of literary articles, unpublished journals, company reports of Telstra and other companies as well as offline books. For the first time, did I realize the importance of conducting a research independently, completely based on individual efforts and hard work.
I not only acquired theoretical research knowledge by the end of Week 9, but my research application skills had also largely improved. The research helped me gain insight into a variety of important research concepts, such as primary and secondary data, data collection and data analysis methods as well as research limitations. Initially, I was unaware of the research techniques, and started feeling apathetic towards research. However, by the end of Week 7, I gained much research competence that helped in arousing my enthusiasm for completing the research. Apart from the academic knowledge, I also learnt the importance of commitment, perseverance and motivation in completing a research work. However, I would like to state here that the research experience has been very beneficial for me, as it acquainted me with some of the integral research concepts. Before undertaking the concerned research, I was absolutely unaware of the basic research terms, such as “academic misconduct”, “plagiarism” and “research ethics”. However, by the end of Week 12, after the completion of the Assessment 1 and Assessment 2, I developed extensive knowledge about these terms. I realized that we are being prohibited from producing the exact theoretical definition provided by the researchers, exactly in their words, and that we need to paraphrase the same, while writing the research paper. Similarly, I also learnt about the plagiarism checking software Turnitin that helps to check the plagiarism score of the submitted research paper. During Week 5, I was also being recommended to participate in a few seminars and workshops that also helped in developing my research skills expanding my knowledge regarding the research concepts. Again, I would also like to mention here hat during my learning course in Week 9, I learnt about the ways of enhancing the credibility of my research data. During this time, I learnt that we need to identify errors, if any, existent within the research process, and eliminate the same to prevent the possibility of negative deduction, by maximizing the number of literary sources reviewed. Consequently, I also learnt about the importance of reading, assessing and evaluating maximum number of literary articles and journals for enhancing the credibility of my research conclusion.
There is no point in stating the obvious fact that I was definitely able to derive enormous amount of knowledge about the research techniques, research paradigms and research principles after the completion of this 12 week teaching period. The knowledge and the wealth f information regarding the research techniques that I have been able to acquire through the Assessment 1 and Assessment 2 will surely help me in future. It is not only beneficial to me in terms of my academic curriculum but also for my future career. Having encountered a breadth of information, my critical analysis and organizational skills have improved tremendously. I learned how to conduct scholarly research independently. I wish to become a research scholar in future, and utilize my recently acquired knowledge in research skills, to conduct research in future on a variety of topics. In fact, my research experience has allowed me to learn more than I was able to do in regular coursework, by giving me hands-on experience in designing the experiments, and simply learning and figuring things out as I went along. Besides, the in-depth knowledge regarding the research topic, will also help me in case I pursue my alternative course of career in future- entrepreneur. All said and done, I do not hesitate to state here that the concerned research project has been the most valuable part pf my undergraduate studies as it has endowed me with a variety of research skill, knowledge and expertise that will help me conduct research independently in future.