9th Residential School and Project Workshop October 26-27, 2013 Developing Research Topic & Research Questions Which child can best describe your Present Situation? What is “Research”? What is Research? Research may be defined as a careful and systematic process of inquiry to find answers to problems of interest. (Willie Tan, Practical Research Methods, 2004, p.3) o o o o problems of interest find answers process of inquiry (a sequence of steps) careful and systematic What is “Research”? • • • • Your sales has been declining by 30% for the past 1 month (Problem Statement). You would like address the above problem and find ways to boost your sales (Research Aim/Objective). You will ask: What are the reasons for the declining sales? (Research Questions). You want to find out the reasons – ask your customers/ distributors/ conduct a market research (Research). Stages of the Research Process Problem Discovery and Definition Research Design Discovery and Definition and so on Conclusions and Report Sampling Data Gathering Data Processing and Analysis What is Business Research? Systematic and Objective Process of Gathering, Recording and Analyzing Data for Aid in Making Business Decisions. (Zikmund, Business Research Methods, 2002, p. 6) Systematicness and Objectivity are its distinguishing features of Business Research. It is an important tool for managers and decision-makers in corporate and non-corporate organizations. Why Business Research? Business Research is an aid to improve the quality of managerial decision making. Why to conduct research in business: • If there are no answers to a particular problem • If there is a gap in the knowledge • If there are answers to problems, but the answers not yet tested • If a contradiction exist • If there are insufficient solutions to a problem Science and the Scientific Method Science has been defined as “the methodological and systematic approach to acquisition of new knowledge” (Geoffrey Marcyzk, David DeMatteo, David Festinger, Essentials of Research Design and Methodology, John Wiley & Sons, 2005, p. 4) The scientific method, which has evolved since the 13th century, concerns the set of tools, techniques and procedures used by basic and applied researchers to analyze and understand phenomena and prove or disprove prior conceptions The Essence of the Scientific Method Characteristics of the Scientific Method Objectivity Systematic Analysis Logical Interpretation of Results Applied Research General Laws Scientific Method Basic Research Information or Ideas for alternative Courses of action Elements of the Scientific Method Empirical Approach Observations Questions Hypotheses Experiments Analysis Conclusion Replication Value and Costs of Undertaking Business Research VALUE COSTS Decreased Uncertainty Research Costs Higher Likelihood of Correct Decisions Delay in Making Business Decisions Better Business performance Higher Profits Disclosure of Information to Rivals Better Reputation Possibility of Error Types Of Business Research • Exploratory • Descriptive • Causal Degree of Problem Definition Exploratory Research (Unaware of Problem) “Our sales are declining and we don’t know why.” “Would people be interested in our new product idea?” Descriptive Research (Aware of Problem) Causal Research (Problem Clearly Defined) “What kind of people are buying “Will buyers purchase more of our product? Who buys our our products in a new package? competitor’s product?” “Which of two advertising “What features do buyers prefer campaigns is more effective?” in our product?” Types of Research 1 a) Exploratory Research Exploratory research is conducted during the early stages of decision making when the decision situation is ambiguous and management is very uncertain about the nature of problem. For example • Absenteeism is increasing and we do not know why • Would people be interested in our new product ideas? • What factors influence the leadership in our organization? Types of Research 2 b) Descriptive Research Descriptive research is usually conducted when management is aware of the problem, but not completely knowledgeable about the situation. For example • What kind of people favour trade protectionism? • Did last year’s product recall have an impact on our company’s stock price? Types of Research 3 c) Causal Research Causal studies can only be conducted when a problem is clearly understood. For example • Which of the two training programmes is more effective? • Will buyers purchase more of our product in a new package? Business Research Process Identification of Research Problem Setting Research Objectives Workshop Session 2 Break-up Session 1 Identification of Research Questions Developing Research Design Theoretical Framework Fieldwork and Data Preparation Workshop Session 3 Break-up Session 2 Workshop Session 5 Workshop Session 6 Data Analysis and Interpretation Reporting Workshop Session 4 Problem Discovery And Definition • • • • First step Problem, opportunity, or monitor operations Discovery before definition Problem means management problem Problem Discovery And Definition “The formulation of the problem is often more essential than its solution” Albert Einstein Problem Discovery And Definition Think Inside and Outside the BOX with your Rational and Emotional Mind. Defining Problem Results in Clear Cut Research Objectives Symptom Detection Analysis of the Situation Exploratory Research (Optional) Problem Definition Statement of Research Objectives Selection of Research Problem • A research problem is an enigmatic, troubling area or topic which needs an enquiry to get better understanding or ultimate solution. • A research problem is an interrogative sentence or statement that asks what relation exists between two or more variables. • It could be a concept or a broad problem area that contain numerous potential research problems. • The answers to this question would provide the manager with the desired information necessary to make a decision with respect to the question. Sources of Research Problem • • • • • • • Personal experience Existing problem in the work place Technological and scientific advancements Offshoots of other researchers Suggestions from colleagues, administrators, teachers, etc Professional journals, seminars, conferences, etc Other sources such as competitors’ actions, market conditions, etc Workable Research Problem • It should be interesting to you • It should have some practical value to you / your work / your organisation / Community / Society • It should not be over researched • It should be with in your expertise / experience • It can be finished with in the allotted time • It should not carry legal or modal implications Practical Research Problems in Business Sales and Marketing Research • • • • • • • • • • • Market Potentials Market Share Market Segmentation Market Characteristics Distribution Channels New Product Concepts Test Markets Advertising Research Buyer Behaviour Customer Satisfaction Website Visitation Rates Management and Organizational Behaviour Research • • • • • • • • • • Total Quality Management Morale and Job Satisfaction Leadership Style Employee Productivity Organizational Effectiveness Employee Motivation Absenteeism and Turnover Organizational Climate Performance Management Termination and Dismissals Some Real-Life Business Research Problems 1. A firm wants to produce and market a new product but first wants to ascertain if there is a potential consumer demand for this product in markets x,y and z 2. A multinational firm wants to establish a production facility in another country after determining its technical and economic feasibility 3. A government agency wants to ascertain the satisfaction level of its employees, the causes for any possible discontent, and propose a scheme for enhancing this level 4. The CEO of a firm wants to undertake a SWOT-Analysis as part of his plan to redefine his organization’s priorities Types of Research Questions First Level: A question that asks for a description of something and exploratory in nature that usually begin with ‘WHAT IS’ What is the impact of TQM on the productivity of the organization? Second Level: A question that asks for the causes / reasons for an observed phenomenon. Dependent and independent variable required to determine the extent of relationship between variables under study. Question usually begin with ‘WHY’ Third Level: A question that asks for changing something or to do some intervention to get a specific outcome. Questions that assume relationship or difference between variables and usually begin with ‘HOW’ Why the impact of TQM is different in different production units? How to improve effectiveness of TQM across production units? Hypothesis • A proposition formulated for empirical testing. • A tentative descriptive statement that describes the relationship between two or more variables Process Illustrated Research Problem Research Objective Research Questions Impact of TQM on the productivity in the organization To study the impact of TQM on the job satisfaction of the employees of the employees at different levels in the organization 1) 2) 3) 4) 5) 6) Does TQM has impact on productivity? Does the impact differ by level in the organization? Does the impact differ in different departments? Why does impact differ by level in the organization or by department? Do employees resist TQM? How to change employees resistance to TQM? Hypotheses Illustrated Null Hypothesis Research question 1 Ho: TQM has no impact on productivity. Alternative Hypothesis H1: TQM has positive impact on productivity. H2: TQM has negative impact on productivity. Research Question 2 / 3 Ho: There is no significant difference in the impact of TQM on the productivity at different levels / departments in the organization. H1: The impact of TQM on productivity is significantly different at different levels / departments of the organization. H2: The impact of TQM on productivity is higher at the higher levels of the organization. Research Question 5 Ho: There is no employees’ resistance to implementation of TQM. No need to formulate hypotheses for Research Questions 4 & 6 H1: Resistance to TQM is inversely related with the levels in the organization Any Questions?