Thesis Chapter 3 - Strategic Human Capital Management: A Step towards the Development of Human Capital Crisis
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Methods and Procedure
This chapter will discuss the method of research to be used, the respondents of the study, the sampling technique, the instrument to be used, the validation of the instrument, the administration of the of the instrument and the statistical treatment of the data that will be gathered.
Method of Research to be Used
The descriptive research method uses observation and surveys. In this method, it is possible that the study would be cheap and quick. It could also suggest unanticipated hypotheses. Nonetheless, it would be very hard to rule out alternative explanations and especially infer causations. Thus, this study will use the descriptive approach. This descriptive type of research will utilize observations in the study. To illustrate the descriptive type of research, Creswell (1994) will guide the researcher when he stated: Descriptive method of research is to gather information about the present existing condition. The purpose of employing this method is to describe the nature of a situation, as it exists at the time of the study and to explore the cause/s of particular phenomena. The researcher opted to use this kind of research considering the desire of the researcher to obtain first hand data from the respondents so as to formulate rational and sound conclusions and recommendations for the study.
The survey is another type of non experimental, descriptive study that shall be used in this study. It does not involve direct observation by a researcher. Rather, inferences about behavior are made from data collected via interviews or questionnaires. Interviews or questionnaires commonly include an assortment of forced-choice questions (e.g. Yes/No, True/false) or open-ended questions (e.g. short answer essay) to which subjects are asked to respond. This sort of data collection is sometimes referred to as a self-report.
The primary source of data will come from a questionnaire and interviews conducted by the researcher.
When the entire survey questionnaire will have been collected, the researcher will use statistics to analyze all the data.
Respondents of the Study
The general population for this study will be composed of those who respond to the questionnaire and interview. Sixty respondents that are composed of managers, businessmen, administrators, economist, and personalities related to labor human capital management are given the questionnaire. The researcher shall also provide interviews to these respondents.
Instruments to be Used
To determine the effects of different compensation plan of the firms to the international managers, the researcher will prepare a questionnaire and a set of guide questions for the interview that will be asked to the intended respondents.
Validation of the Instrument
For validation purposes, the researcher will initially submit a sample of the set of survey questionnaires and after approval; the survey will be conducted to five respondents. After the questions were answered, the researcher will ask the respondents for any suggestions or any necessary corrections to ensure further improvement and validity of the instrument. The researcher will again examine the content of the interview questions to find out the reliability of the instrument. The researchers will exclude irrelevant questions and will change words that would be deemed difficult by the respondents, too much simpler terms.
Administration of the Instrument
The researcher will exclude the five respondents who will be initially used for the validation of the instrument. The researcher will also tally, score and tabulate all the responses in the provided interview questions. Moreover, the interview shall be using a structured interview. It shall consist of a list of specific questions and the interviewer does not deviate from the list or inject any extra remarks into the interview process. The interviewer may encourage the interviewee to clarify vague statements or to further elaborate on brief comments. Otherwise, the interviewer attempts to be objective and tries not to influence the interviewer's statements. The interviewer does not share his/her own beliefs and opinions. The structured interview is mostly a "question and answer" session.
Statistical Treatment of the Data
The statistical formulae to be used in the survey questionnaire will be the following:
1. Percentage – to determine the magnitude of the responses to the questionnaire.
% = n/N x 100 ;
Where: n – number of responses
N – total number of respondents
f1x1 + f2x2 + f3x3 + f4x4 + f5x5
x = --------------------------------------------- ;
where: f – weight given to each response
x – number of responses
xt – total number of responses
The researcher will be assisted by the SPSS in coming up with the statistical analysis for this study.