Asking AI to suggest an MBA research theme and a dissertation proposal: on business decline (information from perplexity.ai)
My question 1: "Please suggest an MBA research theme, via the pragmatism lens, based on the following key words: business decline (with special reference to Tam Jai International Company Ltd.), the casual restaurant chain sector in Hong Kong, strategic management competence in the restaurant chain sector." [Tam Jai International Company Ltd. (譚仔國際有限公司)]
The reply: "A pragmatist MBA research theme can focus on actionable strategies to reverse business decline in Hong Kong's casual restaurant sector. Using Tam Jai International as a case study highlights practical interventions grounded in strategic management competence.
Proposed Theme
"Pragmatic
Strategies for Rebuilding Competence: Addressing Decline in Hong Kong's Casual
Restaurant Chains – A Case Study of Tam Jai International"
Pragmatism
emphasizes what works in real-world contexts, blending mixed methods to test
strategies empirically rather than debating ontological purity. This theme
investigates how deficiencies in strategic management competences—like adaptive
planning, resource allocation, and market responsiveness—contributed to Tam
Jai's challenges amid post-pandemic shifts, rising costs, and shifting consumer
preferences in Hong Kong's competitive casual dining scene. It proposes and
evaluates hybrid interventions, such as digital integration and supply chain
agility, prioritizing measurable outcomes like revenue recovery and customer
retention.
Pragmatism Justification
Pragmatism
suits this topic by focusing on practical problem-solving over rigid paradigms
like positivism's quantification or interpretivism's subjectivity. It supports
abductive reasoning to generate hypotheses from Tam Jai's decline (e.g., weak
competitor analysis), then tests them via surveys of sector managers and
financial data analysis. This yields context-specific insights applicable to
chains like Tam Jai, which faced store closures and sales drops due to
operational rigidities.
Key Research Components
·
Decline Analysis: Examine
Tam Jai's business decline (e.g., 2023-2025 revenue dips from competition by
fusion eateries and delivery platforms) against sector trends like labor
shortages and high rents in Hong Kong.
·
Competence Framework: Assess strategic competences using models like the Resource-Based View
or McKinsey 7S, identifying gaps in execution and innovation.
·
Sector Context: Map Hong
Kong casual restaurant dynamics, including casual chains' vulnerability to
economic volatility and tourism fluctuations.
·
Pragmatic Interventions: Propose testable strategies, such as AI-driven menu optimization or
partnerships for localized sourcing, validated through pilot simulations.
Methodology Outline
Employ a
pragmatic sequential mixed-methods design: Start with qualitative interviews
from Tam Jai stakeholders and rivals for theme generation, followed by
quantitative surveys (n=100+ managers) and regression analysis on performance
metrics. This ensures validity through triangulation, aligning with your
expertise in research philosophies.
This theme
offers academic rigor for your MBA dissertation while providing actionable
value for Hong Kong's F&B sector."
My question
2: "Based on the proposed research theme , please offer a part-time
MBA dissertation proposal with the following information:
1. Dissertation report title
2. 3 research issues (including research gaps) and
3 Hong Kong public media reported issues.
3. 3 research objectives (notably 1 objective being
on developing a business decline model for the fast casual restaurant business)
and 3 research questions
4. 2 primary research methods and 1 secondary
research method (notably to study other case studies related to the fast casual
restaurant business in Hong Kong)
5. 4 academic theories related to business decline,
strategic management competence and fast casual restaurant management, (with a
reference list in Harvard reference format)
6. A brief justification of the dissertation
proposal in terms of academic, practical and originality value."."
The reply: "
1. Dissertation Report Title
Pragmatic Strategies for Rebuilding Competence:
Addressing Decline in Hong Kong's Fast Casual Restaurant Chains – A Case Study
of Tam Jai International.
2. 3 Research Issues (Including Research Gaps) and 3 Hong Kong Public Media
Reported Issues
Research Issues and Gaps
·
Scarcity of pragmatic, mixed-methods studies on
strategic management competences driving business decline in Hong Kong's fast
casual restaurant sector, leaving a gap in actionable, context-specific
frameworks.
·
Lack of tailored business decline models for fast
casual chains, which fail to integrate local factors like high rents,
cross-border consumption, and post-pandemic shifts.
·
Insufficient exploration of competence rebuilding
through pragmatic interventions, with limited empirical testing in Asian
F&B amid economic volatility.
Hong
Kong Public Media Reported Issues
·
Tam Jai's interim profit plunged 55.81% to HK$36.07
million in FY2025 due to economic slowdown, weak consumer confidence, and
cross-border spending in Hong Kong.
·
Aggressive store closures in Hong Kong, Mainland
China, and Singapore amid high costs, inflation, delivery fees, and competition
from promotions.
·
Revenue growth stalled at 1.2% despite expansions,
with operating profits dropping 14.7% in Hong Kong from outbound travel and
intensified F&B rivalry.
3. 3 Research Objectives and 3 Research Questions
Research Objectives
·
To critically analyze strategic management
competence deficiencies fueling Tam Jai's decline in Hong Kong's fast casual
restaurant sector.
·
To develop a business decline model for the fast
casual restaurant business, incorporating competence gaps, macroeconomic
pressures, and predictive indicators.
·
To evaluate pragmatic strategies for competence
restoration and decline reversal, validated through sector-specific metrics.
Research
Questions
·
What strategic management competence gaps
precipitated Tam Jai's business decline relative to Hong Kong fast casual
peers?
·
How can a comprehensive business decline model be
constructed for Hong Kong's fast casual restaurant chains?
·
Which pragmatic interventions best rebuild
competences and mitigate decline risks in this sector?
4. 2
Primary Research Methods and 1 Secondary Research Method
·
Primary Method 1:
Semi-structured interviews with 15-20 executives from Tam Jai and rival chains
to uncover qualitative insights on competence failures.
·
Primary Method 2: Online
survey of 100+ Hong Kong fast casual managers using validated scales for
competences, analyzed via structural equation modeling for decline
correlations.
·
Secondary Method: Case study
analysis of other Hong Kong fast casual restaurant declines (e.g., chains with
similar closures), sourced from HKEX reports, media, and financial statements.
5. 4
Academic Theories
·
Resource-Based View (RBV): Posits sustained advantage from inimitable resources; applied to
dissect competence erosion in fast casual decline.
·
Dynamic Capabilities Framework: Emphasizes adaptation via sensing and reconfiguration; key for
modeling restaurant responses to market turbulence.
·
Business Decline Prediction Model (e.g.,
Argenti's A Score): Identifies failure symptoms like eroding
competences; adapted for fast casual sector vulnerabilities.
·
Strategic Competence Theory (e.g., Hambrick's
Strategy Implementation): Links managerial cognition and execution to
performance in competitive chains.
Harvard Reference List
Barney, J. (1991) 'Firm resources and sustained
competitive advantage', Journal of Management, 17(1), pp.
99-120.
Eisenhardt, K.M. and Martin, J.A. (2000) 'Dynamic
capabilities: what are they?', Strategic Management Journal, 21(10-11),
pp. 1105-1121.
Hambrick, D.C. (2007) 'Upper echelons theory: An
update', Academy of
Management Review, 32(2), pp. 334-343.
Argenti, J. (1976) 'Corporate collapse: The causes
and symptoms', McKinsey
Quarterly, pp. 20-31.
6. Brief Justification
Academic Value: Enriches
pragmatism literature with a localized mixed-methods approach to competence and
decline modeling in F&B, bridging theoretical gaps.
Practical Value: Provides Hong Kong chains like
Tam Jai with a predictive decline model and strategies amid 2025 challenges
like profit drops and closures.
Originality Value: Innovates a fast
casual-specific decline model via Tam Jai, fusing HK media data with pragmatic
theory for unprecedented sector insights."
A
collection of blog notes on
using chatgpt for research purpose.
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