IMT 570 Module 1
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University of Washington *
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Marketing
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Feb 20, 2024
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1.1 What Do We Mean by Research and Analysis?
Scientific Method: o
Identifying the questions
o
Planning research
o
Gathering data
o
Analyzing data
o
Present findings:
Others can build off of this data
Stakeholders can make informed decisions
1.2 The Design Thinking Method
The scientific method is a standard process, and other models build off of these systematic processes
o
i.e. Design Thinking builds off of this for research on people (i.e. product users), starting with a problem then performing research on the assumptions for solutions
Empathize with the user
Define the problem
Ideate potential solutions by gathering user data or seeing past studies
Prototype some possible solutions to test
Test
Present
Design thinking is iterative not sequential, so you can jump around once different ideas are sparked
Managers like smaller chunks of information to quickly make decisions and adjustments
1.3 Defining the Problem
"
Double Diamond
in 3 Minutes" YouTube
o
A method of four phases:
Research: discover, develop
Design: define, deliver
o
Thinking wide to thinking narrow, in a pattern:
Insight into the Problem
Scope down the Focus
Potential Solutions
Solutions that Work & Receive Feedback
o
Continue to monitor everything in the live product to move back to discover again
Divergent Thinking: thinking broadly with an open mind
Convergent Thinking: adding focus, identifying 1-2 key problems or solutions
1.4 Identifying the Needs of the Organization
Not only can you problem solve, but you can also capitalize on opportunities in a competitive market
Methods in Discovering Issues/Opportunities:
Approach
Definition
Using Stakeholder Analysis
Using stakeholder analysis to identify the people and organizations impacted by an issue, how it impacts them, and how they view the issue.
Resource: Stakeholder Analysis
Collection of methods to analyze stakeholder priorities
Helps to identify: o
Beneficiaries
o
Disadvantaged parties
o
W
ho has the power to fund/push impact/block work for the
research
If few stakeholders are found, there can be a lack of ownership
If stakeholders are omitted from the process, they can undermine
the credibility
Conducting a SWOT Analysis
Conducting a SWOT analysis to identify strengths, weaknesses, opportunities, and threats faced by the organization, people, and product.
Resource: SWOT Analysis
A technique that pulls info from both internal (company strengths
and weaknesses) and external (opportunities and threats) forces
Free speech from diverse individuals allows for realistic outcomes
Usually put together to support a single objective/decision for the
company
Process: o
Determine objective
o
G
ather resources
o
C
ompile ideas
o
R
efine findings
o
D
evelop strategy
Benefits: o
Simplify complex problems
o
Can be applied to any business question
o
Leverages different data sources including external factors
Reviewing Company Reports
Reviewing company reports and organization intranets to get a picture of what is important to the organization and any challenges they are facing.
Resource: Reviewing Company Reports
Documents summarizing a case, issue, facts, and recommendations for the goal of clear communication, making conclusions, and creating suggestions to problems
Sections include: summary, table of contents, intro, body, conclusion, reference, appendix
Types:
o
Informational
: presentation of non-biased facts without needing to define an issue
o
Analytical: presents relevant information and conclusions towards an important decision
o
Research: most comprehensive, used when a company wants to try something new, in which all relevant statistics/details are outlined
o
Explanatory:
explaining a topic so everyone can understand
it, i.e. using tables, an explanation of results, and findings
o
Progress: shows how a process is going, and what tasks will next be reviewed
Reviewing Reports from Analyst Firms
Reviewing reports from analyst firms such as Gartner to gain insight into
a particular industry or market.
Resource: Reviewing Reports from Analyst Firms
Recommendations that have great impact, including on a company's stock price from a mere mention
There may be conflicts of interests between analyst reports and the company goals so they should not be solely relied upon
Concept Map
A concept map is a visual organization and representation of
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knowledge. It shows concepts and ideas and the relationships among them. You create a concept map by writing keywords and then drawing arrows between the ideas that are related.
Resource: Concept Map
Examples include Venn diagrams, flowcharts, brainstorming, outlining
To help understand a bigger picture more easily
Steps:
o
Identifying a concept
o
Create a graphic organizer
o
Fill in gaps with notes
o
Focus on how the concepts connect
1.5 Gaining Insight into Your Topic
We are in the discovery phase - explore the needs of an organization as well as the topics yet to be uncovered
o
Problem of Practice:
an observed area of opportunity
o
Independent: input, dependent: output both influenced by other things called mediating variables
o
At each step you should be observing if your data is aligning with your hypothesis
1.6 Narrowing the Focus and Generating a Question
Leverage the organization's needs to find out the true focus, to make it as relevant as possible
Category
General Question
Sample Management Questions
Choice of Purpose or Choice of Objectives
What do we want to achieve?
Should we reposition brand X as a therapeutic product from its current cosmetic positioning?
What goals should XYZ try to achieve in its next round of distributor negotiations?
Generalization and Evaluation of Solutions (choices between concrete actions to solve problems or take
advantage of opportunities)
How can we achieve the ends that we seek?
How can we achieve our five-year goal of doubling sales and profits?
What should be done to improve the complete care program for product repairs and servicing?
Troubleshooting or Control (monitoring or diagnosing ways How well is our What is our product line's sales-to-
an organization is failing to meet its goals)
marketing program meeting its goals?
Why is our marketing program not meeting its goals?
promotion cost ratio?
Why does our department have the lowest sales-to-web page visit ratio?
Why does our product line have the lowest off-shelf display occasions in the
industry?
1.7 Individual Reflection Exercise
How could you adapt these approaches to your own research project for IMT 570?
O’Leary’s outlined approach help to create an accessible step-by-step guide on fully parsing each part of a potential analysis. By adapting this, researchers can view issues from a wider lens, and understand how practical it is to resolve that problem, how relevant the problem is to the goals of a company, as well as outside factors. We can use O’Leary’s methods in this class by inserting our potential ideas through the outlined steps, and continuing to reformat the potential research question until a solid idea is formed. Brainstorm potential project ideas: Identify organizations, products, or issues that you would be interested in providing data-driven problem solving for in your IMT 570 project. Brainstorm and list them.
Some areas of interest that could be researched include:
o
Organizations:
Amazon (my organization of work)
The University of Washington (our shared educational organization)
TikTok (a trending organization of interest)
o
Products:
ChatGPT (a trending product of interest)
Current gaming systems (i.e. the PlayStation 5, Nintendo Switch, PC, etc.)
OuraRing (an intersection between privacy, health, and technology)
o
Issues:
Discrimination of race, gender, religion or sexuality
AI overtaking jobs
Cost of education For one or two of the ideas you identified: describe a) the potential issue or opportunity and b) the context.
o
AI overtaking jobs: discovering potential opportunities that prepare people for success in a future of AI, especially in terms of financial stability and job security, with the context of a general trend of layoffs in the tech industry.
o
OuraRing: studying the ways in which OuraRing may damage or benefit the overall community in terms of health, privacy, etc. – qualitative by a scale in terms of its pros and cons per observed factor
For the one or two ideas that you described answer the question: What do you want to achieve in your research project?
o
AI overtaking jobs: provide the affected population with resolutions to the stressor of job insecurity with well-researched resolutions
o
OuraRing: applying our findings towards the greater scientific community, to influence the future of health technology as privacy becomes more and more of a gray area
Brainstorm and list some potential questions you might want to answer or test for each of your ideas. (Remember to narrow and clarify your questions until they are concise and well-articulated.)
o
AI overtaking jobs: What tasks are roles are trending towards AI automation, and what roles are less likely to be negatively affected?
o
OuraRing: In what ways does constant health tracker benefit or hurt the future of products within the health and technology industries? Which groups benefit or become harmed from which factors?
For one to two questions you identified for answering or testing answer the following prompts: From where will you gather information about organizational needs, review materials or data related to the
topics you identified? List any potential sources or approaches you might be able to use to gather information on your problem/opportunity.
o
Both questions can cross-reference already existing data on AI and jobs, from Google Scholar, or other research article databases, but if we had fewer time/participant population
restraints, a large qualitative survey could apply to both as well
1.8 Why is it Difficult to Formulate a Research Question?
Video
- Dr. Zina O'Leary
o
Needs:
Researchable
In time frame
Valuable
Etc.
o
Think about opportunities
and issues
:
Start with a general idea
Look at the issues
Look at opportunities
Where can research help the situation?
What is already known?
What needs to be known?
Do we need to know more about the problem?
What is the audience, consequence, who is affected, etc.
Has action been taken? Policies, research, etc. o
If a lot is known about the problem, and it's widely explored, in evaluative research, you can
evaluate the initiatives that are already out i.e. did it work? What can be improved? Can this
be applied somewhere else?
Read broadly
: articles, videos, etc. then turn to academic literature afterwards for more niche areas
o
Creating research adds to a body of knowledge
, and you must understand what's already there to add to it
o
You can look at niches and gaps such as intersectionality, other things that could relate, etc. o
Is this researchable?
Continue to redefine over and over between methods, readings, and ideas until a strong idea is made
o
If you go off track:
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Reevaluate the pathway OR
See if you want to prioritize that new pathway where you should change your original priority
Overall, observe:
o
What are good research questions?
o
Are the questions researchable?
o
Are the questions valuable?
o
Can these research questions be completed in a reasonable timeframe?
1.9 Evaluating Your Research Question
Creating a question:
Is it a good fit?
Resources: budget, resources, timeframe, technology
Team fit: skills, abilities, availability
When working with a team, stay at the ideas level and don't make it personal--
affective conflict < cognitive conflict o
Create useful questions only with ground rules
o
Feel free to reach out to the prof whenever there's an affective conflict
Evaluating an Issue or Opportunity
Organizational Needs
o
Will the findings be useful?
o
Do the findings have the ability to make changes?
o
Do the findings have/need support?
Research Scope
o
Is it doable?
o
Is it well articulated?
o
Are there unchecked assumptions?
o
Can information be collected towards answering the research question?
o
Can it be done within the restraints?
Team Compatibility
o
Does your team have the skills/expertise to complete this task?
o
Can these skills be developed?
o
Are there any potential ethics problems?
o
Can you manage any potential biases/subjectivities you/the organization has?
1.10 Pitching Your Research Question
1/7 Self
You can use the STAR Method to present your question
o
Situation: the problem is facing
o
Task: what you've done to look into it so far
o
Action: the proposed research project to investigate fully
o
Result: the ways your research can add value to the company
Video
: how to sell your idea to your boss
o
Generate the idea --> get the buy in
Often bosses have tasks that they are responsible for as priority
o
Ask:
How does my idea help with what keeps my boss up at night?
What might be the unintended consequences of my idea?
How many ideas have I pitched, and how does this affect my track record?
o
A mediocre idea that inspires > a great idea that inspires none
1.11 Module 1 Ungraded Quiz
In your problem statement, you should create an emotional connection with your audience (sympathize)
Your problem statement
should: o
present a statement of the focused research problem
o
provide a brief overview of the topic
o
Detail the expected benefits
o
Reference previous studies, reports, or related trends
A good research question/proposal
should
o
Define the investigation
o
Set boundaries/direction
o
Be a frame of reference for success
Problems often present opportunities for change/improvement
A good scope should determine
o
Unchecked assumptions
o
If the information can be collected to answer the question
o
If it can be completed within time restraints
1.12 Module 1 Research & Analysis Challenge Step 1: Identify an IM problem or opportunity of interest to you (this can be anything you have read about, that interests you, or that has been covered in other MSIM classes).
I will be using one of my brainstorming topics from the 1.7 Individual Reflection Exercise: the Oura Ring. Step 2: Provide the following information:
1.
A brief description of the issue or opportunity that could be researched.
According to the product’s website, the Oura Ring is a wearable health accessory, tracking over 20 biometric signals whenever worn (Oura Ring, 2024). Similar to ancestry research products, this provides the consumer with the tradeoff of a corporation holding their personal health data with a
feeling of health proactivity. Some opportunities that could be researched here are 1) what boundaries are customers unwilling to cross, in terms of sharing with a company and 2) what policies should be put in place to limit organizations from researching on their consumers?
2.
The context for researching it. (E.g., what type of project or product is it? What is the particular industry or organization it impacts? What are key aspects for consideration?) This research would be in the context of health and technology products. A key aspect of consideration is that the situation is nuanced—while a consumer might not be comfortable with sharing information with a company, their fear or interest in their health may outweigh that discomfort. 3.
Provide a concise problem statement and a research question for the topic. These should be concise, concrete and highlight exactly what you want to find out and why, giving your work a clear focus and purpose. What boundaries are health technology customers unwilling to cross and what policies would be ethical to put in place, in order to limit organizations from full control of research on their consumers?
4.
What would be potential results of research into this topic. (E.g., what would it answer, solve, address, or illuminate?)
As wearable health technology as a consumer product is relatively new, this research would illuminate customer feedback in order to refresh privacy regulations. Citations:
Accurate health information accessible to everyone
. Oura Ring. (2024). https://ouraring.com/product/rings 1.13 Module 1 Group Discussion
Discuss the problem statement(s) you have identified.
One of my brainstorming topics from the 1.7 Individual Reflection Exercise was the Oura Ring.
According to the product’s website, the Oura Ring is a wearable health accessory, tracking over 20 biometric signals whenever worn (Oura Ring, 2024). Similar to ancestry research products, this provides the consumer with the tradeoff of a corporation holding their personal health data with a
feeling of health proactivity. My problem statement would be "what boundaries are health technology customers unwilling to cross and what policies would be ethical to put in place, in order to limit organizations from full control of research on their consumers?"
Discuss what steps you took to identify your problem statement.
In order to identify the problem statement, I used the applied the brainstorming assignment by listing a handful of topics that interested me, then parsed that idea through O'Leary's outlined approach.
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Discuss why you believe this could be an important topic for your team to choose as your group project deliverable.
I believe that this is an important topic as it touches on three major topics: health, technology, and
privacy. There are plenty of growth opportunities in this topic as it's more driven by consumerism than need, while remaining to be a health product. It also puts into question how much information a company should hold about its customers, when teetering the line between business and health industries. As wearable health technology as a consumer product is relatively new, this research would illuminate customer feedback in order to refresh privacy regulations.
Discuss how feasible a research project on this topic could be
Note. It is a good idea to look ahead at the final project deliverable assignments to better understand what you will be expected to do. A feasible project is one that you could reasonably complete in the 10 weeks of this course, and ideally is one that you have some form of access to an organization, data,
or individuals from which you can gather the data needed to conduct a study.
Research for this project is feasible as long as we depend on the observation of previously collected data, as this topic may be too broad to create our own data. We would need to pick a subset of the population using this product if we chose to conduct our own research, but this may still prove as challenging. 1.14 Group Assignment Deliverables
40% of grade total
Small team helps to learn small-scale research towards a presentation
Project includes: planning, collecting data, analyzing, making recommendations, sharing findings
Can work with both quantitative or qualitative data
Assignments:
Team Contract
1/7
Assignment 1: Problem Statement
1/14
Assignment 2: Research Proposal
2/7
Assignment 3: Final Research Report
3/10
Assignment 4: Final Research Presentation
TBD
1.15 The Fifth Discipline
"The Fifth Discipline" is a management book by Peter Senge, outlining 5 disciplines of leaders in complex problem solving situations o
System Thinking: see the potential of all various factors and possible causes, consequences, and interactions before jumping to any conclusions
o
Personal Mastery: ways we define what's important to us personally in the context of our identities, and how to achieve results to the things that are important to us o
Mental Models: assumptions that we have that shape our understandings or actions
o
Shared Vision: all members of the org have the same authentic desire to reach a certain goal
o
Team Learning: understanding that certain results are not attainable without a team, and everyone must be receptive to learning from another
Consider how your team can develop strategies from:
o
Preventing assumptions from team members
o
Regarding one another as colleagues
o
Developing facilitation of all team members
1.18 Review
Learned scientific method/design approaches
Identify and issue/opportunity for research
Articulate a good research question that answers the problem
Understand benefits of team learning
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