Executive MBA Final Project Workshop Michel Leseure Outline • • Final Project Objectives & Process Designing a good project – What makes a good project? Review of past project’s topics • • • • – Exercise 1: Selecting a topic and identifying objectives Assessment of final project – Exercise 2: Self-Assessment What is meant by research methodology – Exercise 3: Selecting a Methodology Writing a project proposal “Prix de la Recherche en Economie et Gestion de l’Economiste” Michel Leseure Outline (2) • Writing a literature review • Draft Project Proposal Presentations • Current Issues in Business Research Michel Leseure Final Project Process & Regulations Final Project Workshop Michel Leseure Final Project Objectives • The objective of the project is to assess the capacity of each participant to apply the latest business and management theories and practices gained through the program to his/her own working environment. • It is a professional research exercise that will enable the participant to focus on real business and managerial issues Michel Leseure Final Project Workshop (April 1st, 2006) Submission of proposal and Project Proposal Approval Form (June 4th, 2006) Coordinator evaluates proposals for approval and looks for supervisors (June 09th, 2006) Coordinator does not approve the Final Project Process project proposal and requires modifications Coordinator approves the project proposal and assigns a supervisor Executive students implement corrections and send revised proposals Coordinator reviews amended proposals (along with supervisor, if identified at that stage) Proposal not approved before cut-off date Participant cannot complete project in 2006 Proposal approved before cut-off date of July 1st Contact point is the supervisor Submission of Final Report (November 26th, 2006) Oral Defense Michel (December 09-10th, 2006) Leseure Regulations – Individual piece of work – Deadlines are official regulations • Not respecting a deadline is a regulation violation • Informing the coordinator that you are going to miss a deadline is a good practice • In doubt, keep us informed – Do not let the contact with your supervisor or coordinator die – Extensions: • Possible, but not recommended. • Note: Informal agreement from supervisor is not sufficient to obtain an extension Michel Leseure Evaluation Process Michel Leseure Milestones 01/06/2005 Theme Topic Draft Proposal 26/11/06 Finding a supervisor Work Final Submission Proposal submissions are treated on a rolling basis Michel Leseure Designing a Good Project Final Project Workshop Michel Leseure What makes a good draft proposal? • It is interesting – both for you, the supervisor, and the business community • Suitable: to an Ex-MBA/Business degree • Topicality: Your proposal will tackle a novel, interesting issue which is recognised as an important issues in today’s business research agenda • Feasible: within the time frame and available resources in an Ex-MBA project Michel Leseure Industrial Relevance • It is important that your project is relevant to your sponsor… • But marketing plans/business plans are not what we are looking for – After taking the classes, you should already know how to prepare one – Preparing one is something that your employer could ask you to do – The project is your opportunity to engage in reflections about best practices and the importance of an academic theory Michel Leseure Theme and Topic • Identify a theme/topic – Theme: • The general discipline or set of disciplines in which your dissertation falls in. • Example: Marketing, operations management, international human resource management, etc. – Topic: • The type of question/issue that you are going to address, generally speaking. – Examples: » CRM (Marketing) » Scheduling (operations management) » Expatriate compensation design (IHRM) Michel Leseure Problems Choosing a Topic? • Sources of ideas: – An idea or a statement in a textbook/paper strikes you: • As being important, misunderstood, or overlooked in real life. • As being an over-generalisation, or an overly “romantic” idea. – Replication research: • Re-do an important survey done 5 or 10 years ago – are the findings still true? Or target a specific industry. • Test a conceptual model which was never tested in the research literature. – Call for papers • The best source of information for topical subjects! – Call for consultation • Issued by government about policies, etc. – Newspaper article/Company newsletter • Tackle a controversial issue discussed in a newspaper article with a rigorous research approach. Remember: You should find the research topic interesting and exciting. Michel Leseure Examples of Past Projects Proposals • Barid Al Maghrib’s Competitiveness in the Parcels Industry • Organizational and Managerial Changes for Implementing a Total Quality Management System – Case of Barid Al Maghrib • Evaluating the Cash Management System at Barid Al Maghrib Michel Leseure Examples of Past Projects Proposals • An Implementation System of Management by Objectives – A Case Study of Barid Al Maghrib • The Area Market Contractor- A Case of the CocaCola Company – Morocco • Future Prospects of Branded Pharmaceutical Products in a Generic Oriented Market • An Analysis of JLEC’s New Perspective in Meeting the Requirements of A Potential Competitive Market Michel Leseure Examples of Past Projects Proposals • Contribution to the Assessment of the Role of Knowledge in Oil Prospection in Morocco • Infrastructure Projects Financing Using Securitization: The case of ADM (Autoroutes du Maroc) • An Implementation of A Costing System – A Case Study of Barid Al Maghrib • Strategic Leadership Application to Business Michel Leseure Examples of Past Projects Proposals • Building Méditel Customer Relationship Management (CRM) Strategy • Atlas Blue – The Moroccan Low Fare Airlines – Operating Costs • Strategy to Develop Direct Sales and Marketing Within Royal Air Maroc • Dates in Morocco – Market study for The Moroccan Dates Farm (MDF) Company Michel Leseure Examples of Past Projects Proposals • Strategic Plan for Maghrebail for the Period 2006/2010 • Strengthening Barid Al-Maghrib brand Image and identity - Starting from inside • Competitor Analysis: Preparing for the next threat to postal money orders • Subsidiarization: Reasons, Benefits and Perspectives. The case of Royal air Maroc Cargo. Michel Leseure Evaluation of the Proposal • What should be in the proposal: – Key research questions/objectives/hypothesis – Why is it important? – Overview of research method, including data collection – Expected contribution, identify target audience Michel Leseure Evaluation of the Proposal Proposal Checklist: There is a statement of the topic for the Business Project There is a statement of the objectives and significance of the project The audience for the project is described There is a description of the business research methodology A proposed schedule for completing the project is included Michel Leseure Formulating Objectives • It is important to differentiate the topic from the objectives of the project • The objectives is what you are setting to achieve • It is also the formulation of the basis on which you want your work to be assessed Michel Leseure Worst Case Scenarios • Formulating objectives that you do not address or attain – Resist the temptation of “sounding good” – If, in the course of your project, you feel that you cannot attain the objectives, change them! • But make sure that the alternatives objectives are worthy! • Formulating fuzzy objectives – Evaluation is unconstrained, and likely to be very critical Michel Leseure Example 1 • • • • Theme: Operations Management Topic: Supply chain management Title: Designing a supply chain for the OCP Objectives: – Review best practices about supply chain design – Discuss to what extent these best practices are relevant/suitable to the Moroccan context – Formulate a framework to filter the elements of good practices that are relevant from those that are not – Make practical design recommendations for the OCP Michel Leseure Example 2 • Theme: Management • Topic: Moral Contracts • Title: Which moral contracts for Moroccan textile factory workers • Objectives: – Review the practice of moral vs. legal contracts – Discuss to what extent moral contracts are a solution to tense industrial relations – Discuss to what extent the Moroccan context is compatible with moral contracts – Formulate practical recommendations to improve industrial relations through the use of moral contracts Michel Leseure Exercise 1 On an A4 piece of paper, prepare a summary project proposal containing only: (1) theme, (2) topic, (3) title, and (4) objective Nothing More !!! Michel Leseure Assessment of final project Final Project Workshop Michel Leseure Evaluation • By a committee (3 faculty members) • Of both the written and the oral components • Remember that apart from your supervisor, this will be the first exposure of the rest of the committee with your work – You have to be convincing – You have to be professional – You are the expert on the subject matter Michel Leseure Tips • Remember that business studies include many sub-fields – Huge difference between the research standards of an economist, management expert, and of a statistician… • We try to match the committee members to a topic, but… Michel Leseure Tips • Never present something you do not understand or that you are not ready to debate • Interact with your supervisor – accept critics from him/her – A friendly critic is the chance to be well prepared for your oral defence and avoid getting “grilled”! Michel Leseure Tips • Listen to the questions and comments • Take your time composing an answer • Try to understand the perspective of the question – Is there a misunderstanding? – Has the person asking the question missed something? Michel Leseure Tips • Stand your ground but… – Based on professional, technical answers • Never – Lose your temper – Be too stubborn • And remember that – If you think a question is out of line/irrelevant/unfair – Other committee members will see it – They might even step in! Michel Leseure Exercise 2 Give your exercise 1 to your neighbour. Prepare a 5 minutes assessment of your neighbour’s proposal. Michel Leseure Types of Project Project Methodologies Final Project Workshop Michel Leseure Types of Project • There are many types of works that are acceptable for your final project • Remember that the quality of a project will always be assessed with criteria specific to the class of projects it belongs to • Make sure that you do not try to achieve with a case study what should be done with a survey, or vice versa! Michel Leseure Types of project • • • Multiple case studies Survey research Quantitative modelling: • • • Single case study • • • Empirical vs. Axiomatic – Empirical: A model is derived/tested from/with empirical data. – Aximoatic: A model is designed/tested/improved through mathematical analysis or simulation. Descriptive vs. Normative – Descriptive: Describes and seeks to explain a real-life phenomenon – Normative: Seeks to formulate a policy “Case Study” Action research – Can be a problem solving exercise for a company Conceptual research: – Literature review • • • Critical Comparative Systematic Literature review – Building a conceptual research model, solving a paradox or debate in the literature Michel Leseure Anatomy of a Research Project Contribution to Knowledge Analysis, synthesis, Reflection & Conclusions Objectives Questions/hypothesis Literature Review Research model Research Framework How can it be tackled? Research Method/Process Are used for Application Findings Michel Leseure Research method • What is not a research method: – – • What is a research method: – – • • • “I will use a case study approach. Case studies present advantages for the in-depth analysis of a problem but limitations in terms of generalisation.” This is a research approach…or a discussion about a research approach. I will use case studies to explore whether or not corporate citizenship has a positive impact on effectiveness. Corporate citizenship is defined as… effectiveness assessed as follows:… The relationships between the two will be displayed in a matrix including several comparative case studies. A research method is a process through which you are going to move the reader from questions, to data, to findings, and eventually to conclusion. If your process is poor, your findings are unconvincing If you process is unclear, your research cannot be audited/replicated Michel Leseure Lessons Learned • Students tended to discuss research methods at an abstract level • They showed more concerns with justifying a research approach (e.g. qualitative rather than quantitative research) than with designing a consistent and competent research process • Your research method section should: – – – – Clear Practical A description of a process A justification of the quality and relevance of the process Michel Leseure Data Collected Example • • Objectives: To study if a franchised retailer should stay in a network or operate independently to avoid cash flows problems. Constraints: – Informal (non documented) management style – Data reliability • Business Model No No Owner’s Intuitive Evaluation Yes Notes & Limits Model Robustness Model Validated Method: – Simulation – Comparison of franchised and independent business model – Assess credibility and robustness of model Model Credibility Recommendations Note: The dissertation outline should clearly follow this process. Owner’s Management Critical Evaluation Evaluation of Proposed Change Recommendations Michel Leseure Example of Survey Research • • • • Klassen, R. and B. Florez. 2001. “Forecasting practices of Canadian firms: survey results and comparisons”, International Journal of Production Economics, Vol. 70, pp. 163-174. Research Goal: (1) survey forecasting practices and (2) comparison with academic view (theory/practice gap)? Literature review: previous forecasting surveys Research method: – – – – – • Sample selection from Kompass according to pre-specified criteria Call each firm to identify name of forecasting individual and secure participation Mailing Two follow-up mailings Target: 800 respondents – Obtained: 118 completed surveys Basic Descriptive statistics in paper “A significant conclusion for academics is that practitioners are not using many of the things that academics teach. There is a need to identify the reasons why some of the things that we cherish are not being used as frequently. They include, among others, the use of sophisticated quantitative methods, the combination of forecasts, and the estimation of confidence intervals.” Michel Leseure Example – Case Study Research • • • • • Da Silveira, G. and N. Slack. 2001. “Exploring the trade-off concept”, International Journal of Production and Operation Management, Vol. 21, pp. 949964. Research Goal: Discuss whether or not trade-off exist in operations strategy Literature review: trade-off debate Research method: – Multiple case studies Case studies are used to formulate a model and 14 propositions Michel Leseure Action Research: An Example Coughlan, P. and E. Brady. 1995. Journal of Managerial Psychology, 10, 6, pp. 41-47. Objectives: –Establish benchmarks of current practices in the management of the product development process in five manufacturing firms drawn from differing industries in Ireland. –Increase awareness of areas of choice in the management of product development among manufacturing firms in Ireland with a view to improving their management of this development process. Timetable: February 1994 to July 1994 for the execution of the action research programme Project structure in three phases – actions from industrial and academics participants (proposition formulation and change) in the last two phases. Michel Leseure Example: Axiomatic-Normative • • Bayus, B. 1997. “Speed to market and New Product Performance Trade-off”, Journal of Product Innovation Management, 14, pp. 485-497. Research goal – • Literature review: – – • To formulate policies regarding trading-off speed to market and product performance in a variety of scenarios Supports the importance of the trade-off Modelling variables Model Building – – – Mathematical – based on standard practice Simulation of data to observe model behaviour Analysis through regression Michel Leseure Example: Axiomatic-Normative Michel Leseure Example: Empirical-Descriptive • • • Krause, D. 1999. “The antecedents of buying firms’ efforts to improve suppliers”, Journal of Operations Management, 17, 205-224. Objectives: Discover the conditions which drive firm to invest in supplier development. Approach: – – – – – Extensive literature review is used to build a conceptual model And formulate hypotheses Questionnaire designed after model Survey Analysis of Results (structural equation modelling) Michel Leseure Exercise 3 Select the key objectives from exercise 1. Select a suitable methodology. Michel Leseure Other Issues Final Project Workshop Michel Leseure Writing a Proposal • Remember how the proposal is going to be evaluated • There is no length guideline – The purpose of a proposal is to convince – And to attract a supervisor – It can be short (3-4 pages) or already a good “chunk” of the final report (10-20 pages) – Try to work with a supervisor early on Michel Leseure The Role of the Supervisor • • • • • To read and provide feedback on any draft or document that you write. To provide guidance in terms of directions, readings, approaches, interpretation, etc. Different types of supervision: – Close: the supervisor has a significant input in the final form of your dissertation – selection of research questions, demonstration of using statistical or analytical software, numerous meetings, editing of several dissertation drafts. – Remote: the supervisor may read on a draft if and when you submit it – few meetings – points to general direction and provides general guidance. Normally, the project is your project – how you want to work with a supervisor is your decision. – Note: different supervisors draw the line differently as to where supervision stops The supervisor is one of the person assessing you Michel Leseure Finding a Supervisor • First scenario: – – – – You have already identified a supervisor Ask directly if he or she would like to supervise you Let me know who has agreed to supervise you Notes: • • • Be ready to take no for an answer… One person cannot supervise more than 2/3 projects Second scenario: – You submit a draft proposal to the coordinator – The coordinator will find a supervisor for you • Problems with identifying a topic: – Contact the coordinator Michel Leseure Confidentiality • Managed on a ad-hoc basis • Make sure that too much confidentiality issues are not going to starve your project from content Michel Leseure Prix de la Recherche • Yearly price managed by L’Economiste • As a Master’s “thesis”, your final project report can be entered • Reports in English will be considered by the jury Michel Leseure Writing a Literature Review Final Project Workshop Michel Leseure Literature Reviews • “A literature review is a summary of a subject field that support the identification of specific research questions” (Wooley and Slack, 2004) • “enabling researchers to both map and assess the existing intellectual territory, and to specify a research question to develop the existing body of knowledge further” (Tranfield et al., 2003) Michel Leseure Conceptions of Literature Reviews (Bruce, 1994) Report (Direct interaction) Research Facilitator (Direct interaction Multidirectional) Vehicle for Learning (Direct interaction Multidirectional) Survey (Unidirectional) Search (Indirect interaction) List (Indirect interaction) Michel Leseure Complex features of literature reviews • Dialogue and Organisational Context – Increasing trend toward research teams – Review panel of systematic literature reviews / evidence based research – Complex organisational relationships • Supervisor/research student – Inert dialogue • Literature reviews as expert witnesses (Metcalfe, 2003) • Transitional Nature – Literature review as an ongoing process Michel Leseure Structuring Literature Reviews • Rowley and Slack (2004): – Conceptual maps and mind maps • Tranfield et al. (2003) – in the context of systematic literature reviews: – Realist synthesis, – Meta-synthesis • Problems: – Unknown, untried methods – Weak methodologies – Difficult to justify contribution to knowledge on epistemological grounds Michel Leseure Typical Quality Dimensions for Assessing Literature Reviews (Bruce, 2001) • • • • • • • • Topicality, Comprehensiveness (exhaustiveness), Breadth, Relevance, Currency, Add structure ! Exclusion, Authority, Availability. Michel Leseure Recommended Assessment Framework • • • • Competence Congruence Consistence Stability Michel Leseure Achieving Consistency • Poole and Van de Ven (1989) • Using paradoxes to produce theories – – – – Opposition Spatial separation Temporal separation Synthesis Michel Leseure Draft Proposal Presentation From this morning exercise, develop a more complete draft proposal – describe which literature you will look at – and make a summary 5/10 mn presentation Michel Leseure Current Issues in Business Research Final Project Workshop Michel Leseure Call for Papers • Offshoring of service and knowledge work • Topics: – 1.Strategic and Organizational Issues • What types of services and knowledge functions can be outsourced? • Should we outsource or create corporate-owned offshore operations? • What are the best locations for offshore operations? How will this change over time? • How can we achieve performance breakthroughs through transformational outsourcing? Michel Leseure Call for papers • 2.Global Service and Knowledge Supply Chain Issues – – – – – • Can we really "follow the sun?" How do we best manage handoffs? How does culture influence the management of geographically distributed operations? How can we manage operations to minimize total cost of ownership from a supply chain perspective? When using offshore service providers, will we encounter tradeoffs between operational efficiency and customer intimacy? If so, can such tradeoffs be eliminated or minimized? 3.Tactical Issues – – – What are the best practices for coordinating the work of global virtual teams that include offshore service providers? How can we maintain and improve the quality of offshore operations, especially when the service or knowledge work is outsourced to a thirdparty provider? Can we optimize global supply networks that include heavy service and knowledge component? If so, how can we make optimization approaches accessible to practicing managers? Michel Leseure Call for Papers • • Research on Management of Technology and Innovation in a Global Context Topics: – – – – – – – How do national/cultural differences affect the use of technology to solve problems? Are there cultural differences in preferred innovation processes? If there are differences, what is the impact? How do macro-economic differences affect country-specific innovation policies and practices and/or use of technology? Are there specific organizational features that facilitate or inhibit the cross-national transfer of knowledge and technology? How do cultural and language differences affect the functioning of crossnational innovation teams? Are there best practices for cross-national innovation teams? Is there a useful contingency model for the development of common technology versus country or region-specific technology (either products or processes)? What is the role of organizational learning in the management and diffusion of technology in a global context? Michel Leseure Call for Papers - JIBS • THREE LENSES ON THE MULTINATIONAL ENTERPRISE: POLITICS, CORRUPTION AND CORPORATE SOCIAL RESPONSIBILITY • • • • • • • • • • • • • • Research Questions: How do MNE political strategies vary across nations? How do MNE political strategies influence firm performance and public policy? How are MNE political strategies integrated with market strategies? How does government or private sector corruption affect firm strategy and performance? What is the relationship between private sector corruption and government corruption? What determines the experience of corruption for firms and how can it be managed? What is the best way to benchmark CSR activities of firms across countries? Is there a tradeoff between CSR and firm performance and how does this vary across countries? What is the relationship between corporate leadership and CSR? What is the relationship between government regulation and CSR in various countries? What is the relationship between government corruption and MNE political strategies? What is the relationship between MNE political strategies and their propensity to engage in CSR? How do institutions affect the corruption, CSR and political activities of multinationals? Michel Leseure Call for Papers - JMS • • • • • • • • • • • • • • • Managerial Dimensions of Organizational Health * Work-life balance: What are the effects of the present work environment pressures on worklife balance for managers and their families? What are healthy strategies for managers and their families to manage the stress? * Burn-out: What are the early warning signs and symptoms of burn-out for managers? What are the costs for the organization associated with burn-out? What are healthy strategies for preventing and managing managerial burn-out? * Depression: Why is depression a well-kept secret among executives? What is the predictors and prevalence of depression among managers and organizational leaders? What are the health and performance risks of depression in managerial populations? * Employee Assistance Programs: How can employee assistance programs be best designed for managers and leaders? How do EAPs benefit the organization when used well by managers and leaders at work? * Top Management Teams: What are the implications of health issues for top management teams? Do top management teams need a chief psychological officer who monitors the health of the team? Michel Leseure Call for Papers • • • Researching Global Media Conglomerates Call for Papers: The media industries are dominated by a number of large conglomerates whose interests and activities cut across many individual market segments such as publishing, audiovisual (TV and radio), film, sound recordings, and the Internet. Aside from these activities, what do we really know about these global media conglomerates? This issue of the International Journal on Media Management seeks original research that provides a basis for understanding the activities of global media companies. All research methodologies and perspectives are welcome, but papers that offer a theoretical foundation as well as an analytical focus are preferred. Topics: • • • • • • Concentration and consolidation of media markets and industries Assessing the power of media conglomerates at a global level Strategies of global media companies Managerial issues facing global media companies The role of public policy in assessing global media conglomerates Specific industry or company case studies involving global media companies Michel Leseure Call for Papers – Journal of Electronic Commerce • • • • • • • • • • • • Adoption and Impact of Business-to-Employee (B2E) Portals All topics related to the adoption, use and impact of B2E portals in organizations will be considered. B2E portals generally include Human Resources (HR) Services and Employee Self Services (ESS). However, in this issue, B2E portals refer to any corporate portals that involve management of employee relationship services. Topics of interest include, but not restricted to: a) Organizational decisions to adopt B2E portals b) Implementation of B2E portals in organizations c) Case studies addressing success or failure of B2E portals in organizations d) Studies on the impact and challenges associated with B2E portals e) Satisfaction with B2E portals f) B2E portals architecture g) Web-based tools for building B2E portals h) Effectiveness of B2E portals i) B2E portals and employee ethical issues j) B2E portals and cultural issues Michel Leseure Questions Michel Leseure