ARM Lecture Seven (Reduced)

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    Exploratory Research

    Topic SevenClass Seven

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    Learning Objectives

    Understand the . . .

    purpose and process of exploratory research

    two types and three levels of management decision-related secondary

    sources

    five types of external information and the factors for evaluating the value ofa source and its content

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    Learning Objectives

    Understand . . .

    the process for conducting a literature search

    data mining and how internal data mining techniques differ from literature

    searches.

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    Approaches for Exploratory

    Investigations

    Interviewing

    Participant observation

    Film, photographs Projective techniques

    Psychological testing

    Case studies

    Street ethnography

    Elite or expertinterviewing

    Document analysis

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    Exploratory Phase Search Strategy

    Search

    Strategy

    Discovery/ Analysis

    Secondary Sources

    Individual

    Depth Interviews

    Expert

    Interview

    Group

    Discussions

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    Objectives of Secondary Searches

    Expand understanding of management dilemma

    Gather background information

    Identify information that should be gathered

    Identify sources for and actual questions that might be used

    Identify sources for and actual sample frames that might beused

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    Conducting a Literature Search

    Define management dilemma

    Consult books for relevant terms

    Use terms to search

    Locate/review secondary sources

    Evaluate value of each source and

    content

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    Whiteboard technology makes the discussion of

    symptoms relevant to the management-research

    question hierarchy easier

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    Levels of Information

    Primary

    Sources:

    Memos

    Letters

    Interviews

    Speeches

    Laws

    Internal records

    Secondary

    Sources:

    Encyclopedias

    Textbooks

    Handbooks

    Magazines

    Newspapers

    Newscasts

    Tertiary

    Sources:

    Indexes

    Bibliographies

    Internet

    search engines

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    Information Sources

    Encyclopedias

    Directories

    Handbooks

    Types

    Indexes/

    Bibliographies

    Dictionaries

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    Evaluating Information Sources

    Authority

    Format

    Audience

    Evaluation

    Factors

    Purpose

    Scope

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    The Evolution of Data Mining

    Evolutionary Step Investigative Question Enabling Technologies Characteristics

    Data collection (1960s) What was my average

    total revenue over the last

    five years?

    Computers, tapes, disks Retrospective, static data

    delivery

    Data access (1980s) What were unit sales in

    California lastDecember?

    Relational databases

    (RDBMS), structuredquery language (SQL),

    ODBC

    Retrospective, dynamic

    data delivery at recordlevel

    Data navigation (1990s) What were unit sales in

    California last December?

    Drill down to

    Sacramento.

    Online analytic

    processing (OLAP),

    multidimensional

    databases, data

    warehouses

    Retrospective, dynamic

    data delivery at multiple

    levels

    Data mining (2000) Whats likely to happen

    to Sacramento unit sales

    next month? Why?

    Advanced algorithms,

    multiprocessor

    computers, massive

    databases

    Prospective, proactive

    information delivery

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    Data Mining in Business

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    Desired outcomes of Exploratory Studies

    Established range and scope of possible

    management decisions

    Established major dimensions of research

    task

    Defined a set of subsidiary questions that can guide

    research design

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    Desired outcomes of Exploratory Studies

    Developed hypotheses about possible causes of

    management dilemma

    Learned which hypotheses can be safely

    ignored

    Concluded additional research is not needed or not

    feasible

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    Common Exploratory Techniques for Research

    Secondary Data

    Analysis

    Focus Groups

    Experience

    Surveys

    Secondary data analysis is also called a literature search. Within secondary data exploration,

    researchers should start first with an organizations own data archives. The second source ofsecondary data is published documents prepared by authors outside the sponsor organization.

    Experience surveys are semi-structured or unstructured

    interviews with experts on a topic or a dimension of a topic

    Focus groups are discussions on a topic involving a

    small group of participants led by a trained moderator

    Exploratory

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    Experience Surveys

    What is being done?

    What has been tried in the past with or without success?

    How have things changed?

    Who is involved in the decisions?

    What problem areas can be seen?

    Whom can we count on to assist or participate in the research?

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    Focus Groups

    Group discussion

    6-10 participants

    Moderator-led

    90 minutes-2 hours