Business Research

Research Knowledge is Critical to Managerial Effectiveness, this is because m anagers are responsible for the outcome of their work-related decisions. They seize the day by making quick and right decisions daily, like how to go about with email marketing campaign or what strategy works best for the business. These decisions are greatly facilitated by expert level research knowledge. It is knowledge of what tools and resources to use, how to make a proper use of them and leveraging their attributes that turns managers into Superheroes. Knowledge of research also heightens the sensitivity of managers to the innumerable internal and external factors operating in their work and organizational environment. Therefore, a manager who is aware of all these nuances can better understand the business goal and its future potentialities, create a plan so that it produces positive outcomes, maintain better relationships with their consultants, etc., at higher level than an ignorant manager. A cross...

Internal consultants/researcher Depending upon the expansion of an organization, well or poor performance, managers sometime confront between the choice of internal or external research team to conduct the research in their organization. They also must consider the cost, internal stakeholders and research team knowledge and results of already conducted research.  Some organizations owned research departments which serve as internal organization subunits which seeks helps for certain problems. These departments might be called R&D (research and development department), management service department, organization, and methods department, or whatever the name organization pick. This type of unit within the organization useful in various ways and its help might be advantageous under some conditions, but not in other setting. Therefore, to reach a decision manager must know the strength and weakness of both, advantages and disadvantages depending upon what a situation demands. ...