Managing Business research: Background and Problem Definition in Business research management Proposals
Question
Task: How can businesses effectively manage Business research management to identify and resolve operational problems while ensuring stakeholder engagement?
Answer
BUS703 Managing Business research management
Assessment Task 1
Draft of Background and Problem Definition of Business research management Proposal
Provide a draft of your Background and Problem Definition using the four headings below. Please refer to the detailed guidelines for Assessment Task 2 to assist you with this task
.Background to the problem (highlight the key issues/symptoms that have led to the problem/opportunity arising – use point form to summarise).
Failures in managing Business research management are mainly associated with the lack of preparation in readiness for a project. This leads to businesses failing to prepare for problems leading to the projects encountering serious management hurdles (Cleden, 2017). To overcome these problems every business must address the following Business research management issues so as to address Business research management problems.
Define business and Business research management objectives
It is essential for every business to be by defining its business and Business research management objectives. Each business and department will have a differencing set of objectives making it essential for the businesses to outline their goals and expectations (Polonsky & Waller, 2010). These can then be presented to the stakeholders so as to educate them regarding the business objectives.
Explore the nature of the Problems
Simply identifying a problem is not adequate towards addressing it thus its essential to make sure the problem is identified and a solution to resolve the problem has been proposed. This requires for all stakeholders to contribute towards the problem identification and possible approaches to resolve the problems.
Highlight and discuss the problems relationships
Identification of Business problems is termed by many business analysts as being the simple task but it’s also important to remember the identified problem will be linked to other issues operations. This makes it important for the Business research management analyst to also identify networks linked to the problem and how the problem influences their operations or performance. In certain situation, problems cannot be eliminated as they cause to must disruption thus the problem may require being gradually neutralized to avoid negatively affecting a larger business operation network negatively.
Predict and Map the Consequences of problems and their solutions As discussed on the earlier point, simply identifying a problem and eliminating it may not be the right choice since some problems actually drive the business operations. In some situation fixing the problem could result in stalling the entire operation resulting in serious losses to the problems must be maps carefully before any actions are taken to resolve them. Identify as many
consequences as possible related to the problem so as to develop a detailed understanding of the outcomes the business can expect by solving the problem (Lemons & Brown, 2013). This helps empower the stakeholders and better prepares them to manage Business research management with the objective of securing the best results.
Management decision (what is the decision management have to make that Business research management will assist with? – in question form).
The most important decision the management must make with regard to improving the Business research management is empowering all stakeholders to contribute towards resolving the problem. Problem-solving archives the best results when performing in groups since team members can brainstorm problems and contribute different perspectives to the business (Wilson, 2014). Restricting the Business research management to the senior management is likely to result in the project experiencing serious failure due to limited inputs towards resolving the problem. It is therefore essential for the business to involve and many stakeholders in the problem-solving process so as to secure the widest perspective possible which is likely to deliver the best results.
Business research management question (from a Business research management perspective what information is required to answer the management problem?).
Management Business research management involves identifying problems as a business may be facing and developing solutions to the problems. It is essential for the businesses to address those concerns by developing effective answers to each of the identified problems so as to prevent business operation disruptions (Cameron & Price, 2009). Involving a large number of stockholders including the staff, customers and suppliers will help secure a clear over view of the problem and its network implementation thus helping develop a more effective solution
(Information) Objectives (specific information required to address the Business research management problem – must be in objective form. As a guide, minimum of three and no more than six).
• Feasible and Relevancy
Business research management problems must be serious enough to be classified as feasible for in-depth Business research management and investigations. They must address important points linked to the business which must be resolved to improve operations (Miller, 2008).
• Intervention
Once a Business research management problem has been identified an intervention plan also requires to be developed. This is critical towards developing an effective plan to tackle and resolve the problem.
• Expected Outcomes
Expected intervention outcomes must also be mapped to deliver the expected results from an intervention. Both the actions and reactions related to the intervention must be mapped carefully so as to educate all stakeholders and help raise further Business research management question which may address negative reactions a business is likely to experience during Business research management projects.
• Time Frame
Business research management projects must be time bound to ensure the Business research management is performed and completed on time. It’s essential for the Business research management project to be carefully planned and a timeline defined so as to ensure project goals are met. It’s essential to set the timeline so as to secure the best results within a fixed period so as to maximize profits and business performance.
References:
Cameron, S. & Price, D., 2009. Business research management Methods: A Practical Approach. London: Kogan Page Publishers.
Cleden, D., 2017. Managing Project Uncertainty. Routledge.
Lemons, J. & Brown, D.A., 2013. Sustainable Development: Science, Ethics, and Public Policy. Springer Science & Business Media.
Miller, D.P., 2008. Building a Project Work Breakdown Structure: Visualizing Objectives, Deliverables, Activities, and Schedules. Boca Roton: CRC Press.
Polonsky, M.J. & Waller, D.S., 2010. Designing and Managing a Business research management Project: A Business Student's Guide. 2nd ed. California: SAGE.
Wilson, J., 2014. Essentials of Business research management: A Guide to Doing Your Business research management Project. 2nd ed. SAGE.
