3. Research Process

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    Research Process

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    Planning stage:

    1. Understand management problem

    2. Do situation analysis

    3. Define research problem

    4. Define research objectives

    5. Check the need for research

    6. Select most suitable method (research design) to

    conduct research. It should include procedure ofsampling, data collection and data analysis

    7. Identify data sources

    8. Determine method to collect data

    9. Determine sample size, sampling method

    10. Prepare Project Proposal and obtain approval

    Problem

    Identification

    Research

    Problem

    Solving

    Research

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    Execution stage:

    10. Design data collection form

    11. Select sample

    12. Collect data

    13. Analyse and interpret data

    14. Submit findings, recommendations

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    These steps are inter-related and not

    sequential

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    Research presupposes:

    Problem/difficulty Desire to get solution

    Multiple reasons/solutions

    Ambiguity about most appropriate solution

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    1. Understand Management Problem

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    Management problems originates from:

    Gap that exists between

    what was supposed to

    happen and what did

    happen, i.e., failure to meetan objective.

    Gap between what did

    happen and what could have

    happenedcalled anopportunity.

    Improvement in

    current distribution

    method

    Failure to meet

    sale targetExample

    Example

    Problem Identification

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    Management problems

    Sales are less than target Attrition rate in IT department is increasing

    New product introduction is behind schedule

    Debtors outstanding days have increased

    Distributor refuses to stock our new

    product.

    Symptoms

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    Management

    Problem

    Research

    Problem

    Refer sources that will tell

    possible causes, possible

    solutions & constraints

    How to achieve managementobjective?

    Which is the most appropriate way toachieve management objective?

    Problem identification

    research

    (Exploratory Research / Situation analysis)

    Generate additional data necessary

    to validate causes and evaluate solutions

    Problem solving research

    (Descriptive Research)

    Describe the reality

    Suggest solution

    Essence

    is time

    Shortlist causes / suggestions

    Research

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    Techniques of data collection

    for problem identification

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    Literature survey

    Secondary data

    External

    Internal

    Depth interview

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    Literature survey - Purpose

    Provides established causes / solutions triedby others

    Reasons for high attrition rate in IT sector

    Provides theories that can be considered tofind solutions

    Maslows theory of needs

    No important variable is ignored in our

    research Provides guideline for conducting depth

    interview

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    Databases for literature survey: Ebsco

    Proquest

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    Secondary Data

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    Data originated by second person

    Advantages:

    Quickly available

    Economical

    Disadvantages:

    Can be outdated

    Reliability

    Secondary Data

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    Central Statistical Organisation, Govt. of India

    Statistical Abstract of India

    Annual Survey of Industries http://www.mospi.nic.in

    National Sample Survey

    Nation-wide, large-scale, continuous sample surveyoperation conducted in the form of successive roundssince 1950.

    Conducts survey in demographic and socio-economic area.

    http://www.mospi.nic.in

    Government Sources

    http://www.mospi.nic.in/http://www.mospi.nic.in/http://www.mospi.nic.in/http://www.mospi.nic.in/
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    National Council of Applied Economic Research (NCAER)

    Annual reports on consumption of various

    consumer products

    Government Sources

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    Govt. sources- Census data

    Registrar General and Census Commissioner

    of India publishes census data on population

    and living conditions.

    Visit site http://www.censusindia.net

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    Other sources

    National readership survey: Readership of major newspapers and magazines

    Socioeconomic characteristics of readers

    TAM rating (Television AudienceMeasurement)

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    Other sources

    Retail store audit:

    Conducted for pharmaceutical products and

    consumer products by A C Nielsen company

    Provides data on market size and growth, brands

    market share and growth, distribution purchase

    index of new products

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    Other sources

    Consumer panels:

    Data is collected periodically on:

    Brands purchased

    Quantity purchased

    Packs purchased

    Stores from where purchased

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    Depth interview

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    Characteristics of Depth Interview

    An unstructured interview of the respondent

    Only one respondent is interviewed at a time

    Usually conducted by experienced researcher

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    Depth Interview

    Used when

    Respondent has high status or position

    Topic is sensitive or personal

    Thinking process of respondent is not clear

    Interviewers role is extremely important since

    the emphasis is on probing

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    Depth interview

    Validate whether findings of literature are

    true in current situation

    Gather additional information not available

    through literature