Designing a system that works
Formulating questions for Management research in 21st Century:
•The purpose of research is to formulate questions whose answers would help us manage business better
•The thrust is towards research that helps in understanding fundamentals
•So local problems to be seen as a specific case of global theory and concepts
21st Century Research
•Collection of data: improved rapid massive
•Greater awareness of privacy rights and consent to giving data
•Reduction in the importance of Statistical sampling
•Bridging the gap between qualitative and quantitative research
•New elements of quantitative:
•Large data sets: Big Data
•Visualisation and connections
Qualitative Research Methods
•“Not everything that can be counted counts, and not everything that counts can be counted“ (Albert Einstein)
•Socially Responsible Business
•Ethics and accountability
•Sample sizes are typically small in qualitative work. One way of identifying how many people you need is to keep interviewing until, in analysis, nothing new comes from the data – a point called ‘saturation’.
A qualitative approach is appropriate?
•If you want to:
•Understand the perspectives of participants; or
•Explore the meaning they give to phenomena; or
•Observe a process in depth…
•… if the answer is yes, then qualitative methodology is appropriate.
Ethnographic Research Methods:
•Key informant interviewing
•Use of genealogical method
•Gathering of cases (life-histories, conflict cases
Quantitative Research Methods
•Quantitative research is ‘Explaining phenomena by collecting numerical data that are analysed using mathematical methods
•The generation of models, theories and hypotheses
•The development of instruments and methods for measurement
•Experimental control and manipulation of variables
•Collection of empirical data
•Modeling and analysis of data
•Action research is any research into practice undertaken by those involved in that practice, with an aim to change and improve it.
•It is about both ‘action’ and ‘research’ and the links between the two. It is quite possible to take action without research or to do research without taking any consequential action, but the unique combination of the two is what distinguishes action research from other forms of enquiry.
•Cloud Computing including Super-computing
•The Outernet and wearable computing
•The Internet of things
•GWAS (Genome-wide association study)
Modelling and Scenario Building: Future of ?
•Joint Stock Companies, Banks and Stock Exchanges
The big shifts:
•Moving from an era of scarcity to one of abundance ( from limits to growth to no limits)
•Not only of information but of material goods such as energy and therefore food and basic needs
•The demand would be for emotional experience and happiness
•Designing and measuring ‘experiences’ will become important
•“No one who achieves success does so without acknowledging the help of others. The wise and confident acknowledge this help with gratitude.” — Alfred North Whitehead
•If I have seen further it is by standing on the shoulders of giants: Isaac Newton
•As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” — John F. Kennedy
Ethical conduct in research:
•Acknowledging others work
•Run through software like ‘turnitin’ to pre-audit and inadvertent plagiarism
•Even acknowledge curated content
Thank You !!