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November 14, 2024
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Response
1. Introduction
The influence of globalization has been substantial, prompting organizations worldwide to undergo continuous transformations and confront alterations from diverse external and internal sources. It is essential to acknowledge that organizations are committed to being highly competitive and adopting optimal leadership, manufacturing, and marketing strategies to sustain their competitive advantages. A recent development in the worldwide market is the emergence of the Gig Economy. The Gig Economy is an economic model that enables businesses to engage people for short-term and temporary services, facilitating the continual adaptation of their business ethics and practices for enhanced profitability (De Stefano, 2015).
This study project will examine the facets of the Gig Economy and how global commercial organizations enhance their performance via this practice. This research project assignment seeks to accomplish many objectives that will enhance the knowledge of the Gig Economy's idea and labor force in a more thorough and critical manner. This is a well prepared study proposal about the issue of the Gig Economy.
A comprehensive articulation of the issue
The Gig Economy is succinctly characterized by the transient roles of workers inside various new and existing organizations. Business organizations are adopting this specific model of labor in which workers are permitted to work as freelancers or in part-time or temporary roles to meet their present goals (Steinberger, 2017). Market fluctuations need changes in the organization's procedures as well. Business organizations consistently encounter dangers from newly established enterprises that emerge as rivals.
Business organizations must identify appropriate leadership strategies, effective marketing techniques, and optimal manufacturing processes to adapt to the evolving needs and requirements of consumers (Greenwood, Burtch & Carnahan, 2017). Consequently, the transitory roles of workers enable organizations to identify optimal processes and adapt them to align with evolving standards. This process generates several issues that contribute to the overall notion of the Gig Economy in contemporary society. This phenomena is primarily driven by the significant effects of globalization and notable advancements in science and technology, enabling individuals to continually enhance their status and pursue superior jobs and work profiles (Abraham et al., 2016). The core issue is an ongoing discussion over the efficacy and common practices of the Gig Economy and its importance. This study aims to examine the issue and assess its critical aspects.
Research Aim, Objectives, and Research Questions
This research project assignment includes certain aims and goals that must be fulfilled via thorough study and literary examination. Establishing the aim, aims, objectives, and questions for the research project assignment aids in structuring the research activity effectively, thereby benefiting the area of study or topic discipline.
3.1 Objective of this study: This research project seeks to investigate the motivations behind organizations' preference for the Gig Economy as a labor force, in contrast to temporary and short-term contracts.
3.2 Research goals: The goals that this research project aims to accomplish via study are enumerated in the following text.
3.3 Research Questions: The research questions for this specific research project assignment are enumerated as follows.
Hypotheses
The contentious nature of the Gig Economy has fostered a complex notion that intertwines individuals' perceptions and thoughts on the appropriate leadership style that may positively contribute to the organization. This theorem serves as the fundamental rationale for the project by examining the relationship between leadership strategies and the Gig Economy, as well as their effects on overall performance.
H0: Null hypothesis - the null hypothesis is used in statistics to indicate that no significant effect is present in the data. It underscores the absence of variance among the variables.
H1: Qualitative hypotheses—commonly referred to as hypotheses-generating research. The qualitative data acquired is used to formulate the hypotheses appropriately.
The Gig Economy is characterized by the employment of individuals as freelancers and temporary workers to accomplish certain activities and objectives for a designated period (Kässi & Lehdonvirta, 2018). Organizations continually experience changes from many internal and external sources, and the Gig Economy enables them to adopt the most appropriate practices in response to these changes. The organization may also be enabled to recruit new staff better suited for the job and demote current employees from their roles (Wright, 2018). The leadership techniques are crucial throughout this whole process. Leadership techniques and styles may be effectively deployed in an organization by comprehending its practices and goals. Nevertheless, it is the leader who, bearing significant duties, endeavors to adopt the most effective leadership style to achieve optimal productivity. This study will examine that feature and is thus extremely important. The study will elucidate the crucial role of leadership and its influence on the concept and implementation of the Gig Economy, ultimately enhancing an organization's productivity.
The preceding discussion and the importance of this project will assist in determining the appropriate outcomes of the study by thoroughly examining leadership techniques and styles and assessing their influence on the Gig Economy. The research's prospective result will be exceedingly important and groundbreaking in its area of study. This study will provide a comprehensive understanding of the influence of leadership on the Gig Economy and its practices. It will cultivate a knowledge of the relationship between the two.
Figure- Conceptual framework
(Source- created by the author)
The United Kingdom government research paper entitled “The Experiences of Individuals in the Gig Economy” is a pivotal study that provides a comprehensive understanding of the concept and implementation of the gig economy ("The Experiences of Individuals in the Gig Economy", 2018). This study paper discusses the many aspects of the Gig economy and its effects on work performance. The Gig Economy is characterized by significant flexibility, as noted by the document's author, who also indicates that persons involved in the Gig Economy generally like its operations and functions ("The experiences of individuals in the gig economy," 2018).
The Online Labour Index is the first online Gig Economy metric developed by academics at the University of Oxford ("The Online Labour Index |", 2018). This indicator aids in comprehending the prevalence of Gig Economy projects and the intensity of its activities in contemporary society. Scholars assert that the Gig Economy, as an emerging economic trend, is poised to expand more rapidly than anticipated by most organizations ("The Online Labour Index |", 2018). Employees globally, particularly in developing countries, are more inclined to leave their employment positions in pursuit of superior prospects. The Gig Economy, as a flexible kind of employment, enables workers to engage in labor with considerable frequency.
The gig economy is a novel business model that allows individuals the autonomy to work as freelancers, gaining success and experience via part-time or short-term employment. The issue is very contentious across several corporate sectors in contemporary society. Scholars consistently highlight the efficacy of permanent job postings, which provide employees with certainty about the continuous development of ideas and opportunities for creativity in the workplace (Graham, Hjorth & Lehdonvirta, 2017). Contemporary organizations are increasingly adopting distinctive and highly efficient methods for employing temporary workers, thereby enhancing their overall productivity and enabling them to implement effective leadership strategies through the analysis of market trends and fluctuations ("Parliament of Victoria - Research Papers", 2018). This may be comprehended via the lens of the Gig Economy.
Dr. Emilia Istrate, managing director of the Countries of Future Lab, co-authored a paper with prominent researcher Jonathan Harris titled "The Future of Work, the Rise of Gig Economy" (Istrate & Harris, 2017). This study paper meticulously examines the many aspects of the burgeoning Gig economy trend. This paper presents an analysis of the many aspects of the gig economy. They have analyzed and articulated the three primary elements of the gig economy observable in the contemporary world. Initially, it addresses autonomous workers; subsequently, it pertains to customers, who are key stakeholders in all enterprises. Thirdly, firms that are leveraging the notion and implementing the principles of the gig economy consist of three components (Istrate & Harris, 2017).
Kalleberg and Dunn (2016) assert that literature characterizes the gig economy as a significant and remarkable business model that offers considerable flexibility for both organizations and people. This business idea illustrates the capacity of employees and organizations to adopt leadership styles and strategies that enhance corporate adaptability and accessibility (Aloisi, 2015). Scholarly preferences and views significantly contribute to the comprehension of the gig economy; yet, as a radical and transformative activity, the concept of the gig economy is poised to alter the ethics and structure of contemporary business. Scholarly recommendations and expansions of the concept are well-regarded, and it is noted that contemporary scholars and universities are contributing further good dimensions to the overall notion of the global gig economy.
This element of the research project assignment pertains to the collection of data and information necessary to achieve the project's goals. This part of the approach will outline the procedures for data collection and analysis in depth. Data will be gathered from secondary sources about the Gig Economy and the idea of temporary employability that organizations are now adopting. The adaptable Gig Economy will be thoroughly examined by evaluating data and information obtained from secondary sources, including books, periodicals, research journals, articles, internet studies, and other credible works by researchers and business professionals.
7.1 Data Series and Surveys: This research project will start an online survey targeting executives of various organizations and workers affiliated with the Gig Economy. The leaders and workers will serve as candidates and engage in the poll by responding to the distributed questionnaire. The study will also seek to conduct online interviews with executives to ascertain their preferred leadership styles and approaches inside the organization. It is important to acknowledge that these interviews and observations will be analyzed in conjunction with the data and information obtained from secondary literature sources. It demonstrates a distinctive approach to data analysis and information collection using mixed methodologies. The hybrid technique will enhance the study, making it more legitimate and authentic from several angles.
7.2 Secondary Data and Analytical Methods: Scholars identify two main categories of data and material obtained for research: primary data and secondary data (Mackey & Gass, 2015). Primary data pertains to information acquired directly from respondents, while secondary data relates to material obtained from previous research publications (Taylor, Bogdan & DeVault, 2015). The second step involves analyzing the data, which must be conducted in the correct sequence. There are two main kinds of data analysis methodologies: qualitative and quantitative analysis approaches. This study will use both methodologies, using data collected from online questionnaires and secondary sources such as books and journals.
7.2.1 Qualitative Method: This research study will use data from interviews to elucidate the relationships between leadership and the Gig Economy. The interview questions will be categorized into categories, and the observations will illustrate the traits and behaviors of the leaders. Qualitative data analysis methods are non-numerical and may be comprehended both conceptually and via human behavior (Silverman, 2016).
7.2.2 Quantitative method: This strategy employs numerical data and statistical analysis (Flick, 2015). The data will be gathered via the online survey and will be accessible for the study project. The Likert scale will be used for the online survey. The data analysis will include the development of charts and graphs to facilitate the correlation between the study variables. This technique will be comprehensive and will facilitate the provision of accurate data and information.
8.1 Structure of the Study
Figure- Organization of the study (Source- created by the author)
8.2 Project Budgeting: Financial considerations are crucial for estimating and evaluating throughout the preparation of any research endeavor (Ledford & Gast, 2018). This section is devoted to determining the budget for the study after an analysis of the research methodologies and associated elements.
| Task | Duration | Estimated budget (in Australian Dollars) |
| Preparation of the research proposal and understanding literature | 3 months | 100 dollars |
| Collecting required data and information | 2 months | 200 dollars |
| Analyzing the data | 1 month | 200 dollars |
8.3 Gantt chart
| Task | Starting day | Ending day | Duration |
| Research proposal | 10th January, 2019 | 4th February 2019 | 26 days |
| Designing literature reviews | 05th February 2019 | 30th March 2019 | 53 days |
| Data collection | 1st April , 2019 | 30th May, 2019 | 60 days |
| Data analysis | 1st June 2019 | 30th June, 2019 | 30 days |
| Final report | 1st July 2019 | 2nd July 2019 | 02 days |
This research project assignment proposal includes all essential elements for data collection and subsequent detailed analysis. In conclusion, the process of creating this study proposal has been very enjoyable and informative. The study will use mixed methodologies to facilitate data collection and achieve the research goals. The research project assignment has been essential in cultivating a comprehensive grasp of the topic and preparing for further inquiries and study. Our Economy homework assistance specialists from prestigious institutions are preparing research project assignments, enabling us to provide a dependable online assignment help service.
Abraham, K. G., Haltiwanger, J. C., Sandusky, K., & Spletzer, J. R. (2018). Measuring the gig economy: Current knowledge and open issues (No. w24950). National Bureau of Economic Research.
Abraham, K. G., Haltiwanger, J. C., Sandusky, K., & Spletzer, J. R. (2018). Measuring the gig economy: Current knowledge and open issues (No. w24950). National Bureau of Economic Research.
Adams, A., Freedman, J., & Prassl, J. (2018). Rethinking legal taxonomies for the gig economy. Oxford Review of Economic Policy, 34(3), 475-494.
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Istrate, D., & Harris, J. (2017). The Future of Work The Rise of the Gig Economy. Retrieved from http://www.naco.org/sites/default/files/documents/Gig-Economy.pdf
Kalleberg, A. L., & Dunn, M. (2016). Good jobs, bad jobs in the Gig Economy. LERA For Libraries, 20(1-2).
Kässi, O., & Lehdonvirta, V. (2018). Online labour index: measuring the online gig economy for policy and research. Technological Forecasting and Social Change.
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Lehdonvirta, V. (2018). Flexibility in the gig economy: managing time on three online piecework platforms. New Technology, Work and Employment, 33(1), 13-29.
Mackey, A., & Gass, S. M. (2015). Second language research: Methodology and design. Routledge.
Mallett, S., & Cooney-O'Donoghue, D. (2018). Basic income: a soluition to what?.
Parliament of Victoria - Research Papers. (2018). Retrieved from https://www.parliament.vic.gov.au/publications/research-papers/category/36-research-papers
Silverman, D. (Ed.). (2016). Qualitative research. Sage.
Steinberger, B. Z. (2017). Redefining Employee in the Gig Economy: Shielding Workers from the Uber Model. Fordham J. Corp. & Fin. L., 23, 577.
Taylor, S. J., Bogdan, R., & DeVault, M. (2015). Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons.
The experiences of individuals in the gig economy. (2018). Retrieved from https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/ 679987/171107_The_experiences_of_those_in_the_gig_economy.pdf
The Online Labour Index |. (2018). Retrieved from http://ilabour.oii.ox.ac.uk/online-labour-index/
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