Research is necessary for manager Also see: Advantages and Disadvantages of internal and external researchers Handling manager research relationship d uring their careers, it often becomes necessary for managers to deal with consultants. Many academicians also have their students do research projects for the class and several organizations allow access to them, asking only that a copy of the research project be made available to them. Some professors interested in publishing the results of basic research also approach organizations and are afforded the facilities to conduct research. If the research has been done scientifically, then the results of ...
Applied Research Consider the following two situations cited in Business Week. 1. Oxford Health Plans Inc. saw trouble brewing. It was a company in distress experiencing computer problems. Turnover among Oxford‘s programmers was unusually high and processing of claims became a big nightmare. Clients started cancelling their policies, claims for bypass surgery and such were way up, and premiums paid out relative to clients‘ medical expenses, on a percentage basis, was close to 85%. 2. Xerox is insular and isn‘t ready for the increasingly competitive, high-tech world. Xerox still relies on old-fashioned and slow-selling analogue copiers for more than half its revenue and despite its double-digit growth in digital prod...
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