Reflective Report

rupali
W9.pdf

1

DESIGNING PRIMARY RESEARCH

MBA600 Week 9

2

COMMONWEALTH OF AUSTRALIA COPYRIGHT REGULATIONS 1969

WARNING THIS MATERIAL HAS BEEN REPRODUCED AND COMMUNICATED TO YOU BY OR ON BEHALF OF KAPLAN BUSINESS SCHOOL PURSUANT TO PART VB OF THE COPYRIGHT ACT 1968 (THE ACT).

THE MATERIAL IN THIS COMMUNICATION MAY BE SUBJECT TO COPYRIGHT UNDER THE ACT. ANY FURTHER REPRODUCTION OR COMMUNICATION OF THIS MATERIAL BY YOU MAY BE THE SUBJECT

OF COPYRIGHT PROTECTION UNDER THE ACT.

DO NOT REMOVE THIS NOTICE.

2

3

WEEK 8 FOCUSES ON TWO LEARNING OBJECTIVES

Undertake independent research to solve complex business problems.

Other learning objectives

Discuss and translate theory, skills and knowledge into effective management practice.

Acquire advanced knowledge and apply it in real workplace contexts to improve performance and competitive advantage.

Critically assess a diverse range of theories accumulated throughout the Masters’ qualification and the connections that exist between each one.

4

QUICK REVIEW OF KEY

CONCEPTS What we learned in Week 8

5

WHERE RESEARCH FITS IN

THE STRATEGY PLANNING PROCESS

Validating the decisions and assumptions made during the Strategy Planning Process

6

DESIGN THINKING

AND DATA ANALYSIS

PLANNING

WHAT WE LEARNED IN WEEK 8

Design thinking

‘The essence of strategy is choosing what not to do.’ – Michael Porter, Harvard Business School

Data Analysis planning

How strategy problems can be verified with statistical techniques

7

POSITIVE CUSTOMER EXPERIENCE

Quintessential strategy problem

WHAT WE LEARNED IN WEEK 8

Shop till you drop

8

STATISTICAL ANALYSIS

TECHNIQUES

WHAT WE LEARNED IN WEEK 8

QUALITATIVE TECHNIQUES

Content analysis

Categorising verbal or behavioral data

Narrative analysis

Categorising stories and experiences of each research participant in the resource sample

Discourse analysis

Categorising the natural language discussions (verbal and written)

Framework analysis

Coding, mapping and charting non- numerical data for quantitative analysis

Grounded theory

Evaluating a single case to develop a new theory or contribute to existing theory

QUANTITATIVE TECHNIQUES

Descriptive analysis

Survey research (interviews, questionnaires, polls) to understand how much or how generalizable is an event or behavior

Comparative analysis

Correlational research tests for the relationships between variables (groups of people or events)

Quasi-experimental analysis

‘Laboratory’ analysis designed to measure a cause-effect relationship between variables

Empirical (experimental) analysis

Statistical testing of hypotheses to determine if a statement or problem is true or untrue

9

WHAT WE WILL LEARN THIS

WEEK

8 CONSIDERATIONS FOR A RESEARCH DESIGN PROPOSAL

Relevance to the ‘real world’

Financial advisers in Australia are currently researching what variables motivate ethical and unethical conduct in professional relationships with clients

Media and political advisers are polling views and voters for awareness and importance of issues in the community

Businesses continually seek to improve variables that motivate loyalty; trustworthiness; intentions to purchase; job satisfactions and intentions to leave; and goodwill

10

RESEARCH DESIGN

Step 1 in writing a research design proposal

11

1 Identify the research problem

2 Determine research purpose

3 Develop theoretical framework

4 Develop research questions /

hypotheses

6 Identify research scope

limitations

5 Define terms

7 Decide methodology

8 Determine expected outcome

RESEARCH DESIGN

PROPOSAL CONTENTS

COLLIS, J. & HUSSEY, R. 2013. Business Research: A Practical Guide for

Undergraduate and Postgraduate Students, Palgrave Macmillan, Chapter

10% wordcount

30% wordcount

40% wordcount

12

A research problem is a statement about a concern, a condition to be improved, a difficulty to be eliminated, or a troubling question (e.g. the SWOT conditions)

Checklist to determine if the research is feasible

Does the research answer the strategy problem, how to earn superior profitability with a capability or resource?

Is the project researchable given the constraints of time, resources, available data?

Is management or the client committed to sustaining the research effort, despite setbacks?

Does the research outcome meet standards of professional ethics?

Does the research project further your career goals?

1 Identify the research problem

Chapter 4, Collis and Hussey (2013)

13

2 Determine research purpose

A compelling purpose or reason convinces investors/executives how the research should create future capability, thus solving a strategy problem

Suggestion – state your research purpose in a user story template

As a [persona, customer segment, function or capability], I want to [why it solves the strategy problem, why it contributes to profitability growth], so that {how it sustains the competitive strategy]

The type of research is suggested by its goals, for example

identify or describe a concept, perhaps using descriptive statistics*

explain or predict a situation, perhaps using several qualitative and/or quantitative methods*

define a solution to a situation, perhaps using grounded theory* (* see Week 8)

Chapter 4, Collis and Hussey (2013)

A)

B)

C)

14

WORKSHOP TIME

Determine the research purpose

15

WHY IS YOUR RESEARCH

COMPELLING FOR STRATEGY?

WORKSHOP

In groups or individually, write a research purpose that succinctly convinces executives to invest in your project for your selected company (15 minutes)

You could use the user story template

As a [persona, customer segment, function or capability], I want to [why it solves the strategy problem, why it contributes to profitability growth], so that {how it sustains the competitive strategy]

A)

B)

C)

16

3 Develop theoretical framework

A good theory explains ideally why an event occurs or a person behaves

Theory alleviates ‘fishing for explanations’ (see Week 8) when interpreting primary and secondary data

Your choice of theory should align with your unit of analysis

External environment, such as markets, competitors, events

Internal environment, such as culture/teamwork, routines, products/services

Individuals, such as customers, employees, suppliers

Chapter 4, Collis and Hussey (2013)

17

4 Develop research questions /

hypotheses

Present the implications (side issues) of your strategy problem that could be measured with available data

Use mind maps, fishbone diagrams (aka cause-effect diagrams), customer journey maps, etc.

Suggested number of questions for a feasible research project

1 or 2 overarching ‘big’ questions

5 to 7 sub-questions

How long?

Steps one to four should take up 10% of the research design proposal

Chapter 4, Collis and Hussey (2013)

18

5 Define terms

Ambiguity is a key cause of failure in research, business analysis, and projects

For example:

Customers is vague

women between 25-25 years is clearer

Products is vague

products with X features or sold at X price is clearer

Behaviour is vague

intention to purchase is clearer

Event is vague

crisis management in a location or time period is clearer

Chapter 4, Collis and Hussey (2013)

19

6 Identify research scope

limitations

Set stakeholder expectations of areas included and excluded from your research scope

Justify your inclusions and exclusions, usually due to constraints of time, data availability and/or resources

Chapter 4, Collis and Hussey (2013)

20

7 Decide methodology

Refer to your Data Analysis Plan discussed in Week 8

Chapter 4, Collis and Hussey (2013)

21

8 Determine expected outcome

Summarise with concise and precise definition of how the research purpose is compelling for strategy; and how the research will contribute to superior profitability of your employer or client

Chapter 4, Collis and Hussey (2013)

22

WORKSHOP TIME

Reflect on the practical value of theories learned in MBA subjects

23

REFLECT ON THE VALUE OF THEORIES

WORKSHOP

Assessment 3 – Reflective Essay is due in Week 13

A key marking criterion is to ‘include discussion of learnings from both a theoretical and practical perspective’

In groups or individually, discuss the full range of theories learned during the MBA (15 minutes)

Individually, reflect how at least 3 theories are practically relevant for explaining competitive advantage in your selected company (45 minutes)

24

S e e k h e l p w h e n yo u n e e d i t !

Thank you