Hallmarks of Scientific Research

4197 Words Feb 25th, 2013 17 Pages
HALLMARKS OF SCIENTIFIC RESEARCH Successful managerial decisions are seldom made on hunches or on trail and error method. The sound and effective decisions are always made on the basis of scientific research. Scientific research focuses on solving problems in a step _by _step logical, organized and rigorous manner in each step of research viz., identifying problem, gathering data, analyzing it and in arriving at a valid conclusion. Organizations may not always be involved in the scientific research due to various reasons like - simple problems which can solved with previous experience, time contingency, lack of knowledge, resource constraints etc., However the scientific research performed in a rigorous and systematic way leads to …show more content…
Precision and confidence can be attained through appropriate scientific sampling design. Objectivity Research finding should be factual, databased and free from bias. The conclusion drawn should be based on the facts of the findings derived form the actual data and not on the basis of subjective or emotional values. Business organizations will suffer a greater extent of damage if a non-data-based or misleading conclusion drawn from the research is implemented. Scientific approach ensures objectivity of research. Generalizability It refers to the scope of applying the research findings of one organizational setting to other settings of almost similar nature. The research will be more useful if the solutions are applicable to a wider range. The more generlizable the research, the greater will be its usefulness and value. However it is not always possible to generalize the research findings to all other settings, situations or organizations. For achieving genaralizability the sampling design has to be logically developed and data collection method needs to be very sound. This may increase the cost of conducting the research. In most of the cases though the research findings would be based on scientific methods it is applicable only to a particular organization, settings or situations. Parsimony Research needs to be conducted in a parsimonious i.e. simple and economical manner. Simplicity in explaining the problems and generalizing solutions for the