Attributes of good management research

For a good management research, all planned actions as well as specifications of research ideas and information are justified. Along with the following headings are also cited.

• Purpose are clearly defined
• Research process and work plan are clearly defined
• Research designs with conceptual vision
• High ethical standards
• Limitations are well defined
• Facts finding and always unbiased
• Conclusions are justified

Difficulties of Management Research for Business Field/ Social Science Research

Due to the lack of proper information for research, the work and plan of orientations should be misguided and ultimately it pertains the failure of the management research.

• Complexities of the subject matter.
• Difficulties of obtaining accurate data/ information.
• Influence of management process and results.
• Difficulties for testing hypothesis.
• Difficulties for future forecast the projects.
• Problematic objectives may occurred.

Evaluation Research

Evaluation is the process of determining the value or worth of something. This research is related with policy research. It is conducted to evaluate about the policies, condition of an organization. The perspicacious (visionary) results of it should be currently existing problems through something.

Objectives of Evaluation Research

• To identify the specified problems through particular cases.
• To suggest improvement only.

Data Requirement for Evaluation Research

• Macro level data can be taken through MIS (Marketing Information System)
• Internal survey data might be used.

Research Output of Evaluation Research

• Evaluation research be useful
• Recommend for future research

Action Research

Action research directly deals with the continuous operations for overall management environment towards operations.

Objectives of Action Research

• Solely focus on facts finding operations.
• To improve organizational supports.
• To demonstrate the future planning.

Data Requirement for Action Research

• Continuous gathering/ collection of data by specified agency (CBS: Central Bureau of Statistic)
• Satisfaction/ frustration
• Motivation or desire.

Research Output of Action Research

• Performance might be fruitful
• Next operation will be given.

Managerial Research

Managerial Research relates to the specific problems of limited scopes for which management has need an additional information for getting decisions.

The Objectives of Managerial Research

• To study the ongoing projects under operations.
• Helps to improve managerial effectiveness.
• To demonstrate the overall decisions.

Data Requirements for Managerial Research

• Specific aspects of data collection activities.
• Data mostly collected by MIS (Management Information System)
• Exploring various situation/ condition survey research and observational method.

Research Output of Managerial Research

• Identification of the projects.
• Identification of the decision options.
• Precise recommendation for useful management research.

Policy Research

The development of the formulation to be based upon basic fundamental rules and regulation is governed by policy research. So, it leads plans with impact policy.

Objectives of Policy Research

1. To formulate major policy proposals.
2. To priorities/ give minor/ major policies.
3. To identify their implementations.

Data Requirement and Analysis

1. Macro level data should be collected with their specified headings.
2. Longitudinal data.
3. Time series data with chronological orders.,
4. Prediction with statistical inferences (tested by various methods).
5. Parameter projections.

Research Output

1. Identification of major/ minor policies.
2. Listed upon their priorities.

Management Research

Management research is concerned with the systematic, objective and evaluation of information towards specific aspects of management in order to assist the manager for effective decisions. The main aspects are:

• To reduce uncertainty for  planning with basic decisions.
• To monitor performance after the strategy put in order to operations.
• To consider cost and value of resourceful information.

Types of Management Research:

The management research can be categorized into four headings. Before classifying the management research, we have to take the following guidelines.

• Purpose and  data input.
• Data requirement and analysis.
• Research output.

1. Policy Research
2. Managerial Research
3. Action Research
4. Evaluation Research