The research methodology and findings of the dissertation project for an MBA.

The research methodology and findings of the dissertation project for an MBA.

Research Methodology and Findings of MBA Project Dissertation

Introduction

In the field of engineering, especially in a Bachelor of Technology course in India, students are often required to undertake a project dissertation at the end of their academic program. This project serves as a culmination of their learning and a demonstration of their ability to apply theoretical knowledge to real-world problems. Research methodology is a crucial aspect of any project dissertation, as it provides a systematic framework for conducting research and analyzing data to draw meaningful conclusions. In this article, we will discuss the research methodology and findings of an MBA project dissertation, focusing on the assessment of the old system and the proposal of a new system.

Problem Statement

The problem statement for the MBA project dissertation revolves around the inefficiencies and shortcomings of the existing system used in a particular organization. The old system is outdated, cumbersome, and prone to errors, leading to delays in decision-making and hindering the overall efficiency of the organization. The lack of integration between different departments and the manual nature of data entry and retrieval processes are major pain points that need to be addressed through the implementation of a new system.

Existing System

The existing system in the organization relies heavily on manual processes and paper-based documentation. Data is stored in silos, making it difficult to access and share information across departments. This lack of integration leads to duplication of work, inconsistencies in data, and a fragmented view of the organization’s operations. Moreover, the reliance on paper-based records increases the risk of data loss, damage, and unauthorized access. Overall, the existing system is inefficient, costly, and unsustainable in the long run.

Disadvantages

Some of the disadvantages of the existing system include:
1. Lack of integration: Departments operate in isolation, leading to communication gaps and inefficiencies.
2. Manual processes: Data entry, retrieval, and analysis are time-consuming and error-prone.
3. Data redundancy: Duplicate records and inconsistencies in data lead to confusion and inaccuracies.
4. Security risks: Paper-based records are vulnerable to loss, damage, and unauthorized access.
5. Limited scalability: The system cannot accommodate the organization’s growing needs and demands.

Proposed System

The proposed system for the organization involves the implementation of an integrated enterprise resource planning (ERP) software that connects all departments and functions on a single platform. This ERP system will centralize data storage, automate processes, and provide real-time insights into the organization’s operations. By streamlining workflows, improving data accuracy, and enhancing collaboration, the new system aims to boost efficiency, productivity, and decision-making capabilities across the organization.

Advantages

Some of the advantages of the proposed system include:
1. Integration: Departments are interconnected, enabling seamless communication and data sharing.
2. Automation: Routine tasks are automated, reducing manual efforts and improving accuracy.
3. Centralized data: All information is stored in a single database, ensuring consistency and reliability.
4. Security: Data is encrypted and protected, reducing the risk of unauthorized access and breaches.
5. Scalability: The system can scale to accommodate the organization’s growth and evolving needs.

Features

The key features of the proposed ERP system include:
1. Modules for different functions: Finance, HR, supply chain, sales, and marketing.
2. Real-time analytics: Dashboards and reports for monitoring performance and trends.
3. Workflow automation: Approval processes, notifications, and alerts for seamless operations.
4. Data visualization: Graphs, charts, and heatmaps for visualizing complex data sets.
5. Mobile accessibility: Access to the system from any device, anytime, anywhere.

Conclusion

In conclusion, the research methodology and findings of the MBA project dissertation have highlighted the inefficiencies of the old system and proposed a new system based on an integrated ERP solution. By addressing the shortcomings of the existing system and leveraging the advantages of the proposed system, the organization can enhance its operational efficiency, decision-making capabilities, and overall competitiveness in the market. The successful implementation of the new system will not only streamline processes and improve productivity but also position the organization for long-term growth and success in the dynamic business environment.