Here are some suggestions to guide you;
Literature Review: Begin by conducting a comprehensive literature review on both career anchors and employee retention. Understand the existing theories, models, and research findings related to these concepts. This will provide you with a strong foundation and help you identify any gaps in the current knowledge.
Research Objectives: Clearly define the objectives of your study. What specific aspects of career anchors and employee retention are you planning to explore? Are you looking to understand how different career anchors influence employee retention, or are you interested in the role of career development in retaining employees?
Research Methodology: Decide on the research methodology you will use. Will you be conducting surveys, interviews, case studies, or a combination of these methods? Justify your choice of methodology based on the research objectives and available resources.
Data Collection: If you plan to conduct surveys or interviews, develop a questionnaire or interview guide that captures relevant information about career anchors and their impact on employee retention. Ensure that your questions are clear, concise, and align with your research objectives.
Sample Selection: Define your target sample. Will you be focusing on employees from a specific industry, organization, or demographic group? Justify your choice and explain how the selected sample represents the larger population.
Data Analysis: Once you collect the data, analyze it using appropriate statistical or qualitative analysis techniques. This will help you derive meaningful insights from your findings. Consider using tools like SPSS or qualitative analysis software, depending on your data type.
Interpretation of Results: Interpret your results in the context of your research objectives. Are there significant correlations between specific career anchors and employee retention? What implications do your findings have for HR practices and organizational strategies?
Recommendations: Based on your findings, provide practical recommendations for organizations to enhance employee retention through a better understanding of career anchors. These recommendations could include tailored career development programs, mentorship initiatives, or flexible work arrangements.
Discussion: Situate your findings within the broader HR and organizational context. How do your results align with existing theories and practices? Discuss any limitations of your study and areas for future research.
Report Writing: Compile your research findings, analysis, and recommendations into a well-structured and coherent report. Pay attention to formatting, citations, and referencing according to your institution's guidelines.
Presentation: Prepare a clear and engaging presentation that highlights the key aspects of your project. Practice your presentation to ensure you effectively convey the significance of your study and its implications.
For more relevant information about the same topic you can read this detailed blog:
Employee Retention
Remember that a well-defined and structured project is crucial for its success. Also, don't hesitate to seek guidance from your professors or mentors along the way. Good luck with your MBA project!