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Best Practice Companies in Research Methods Craig W. Roggow.

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1 Best Practice Companies in Research Methods Craig W. Roggow

2 Multimedia Formats 1. To view the website publishing of this research project and all presentation formats: 1. To view the website publishing of this research project and all presentation formats: http://mergerandacquisitionstrategies.org/best- practice-companies-in-research-methods/ http://mergerandacquisitionstrategies.org/best- practice-companies-in-research-methods/ 2. To obtain a PowerPoint training file of this presentation separately: 2. To obtain a PowerPoint training file of this presentation separately: http://mergerandacquisitionstrategies.org/wp- content/uploads/2013/03/best-practice-companies-in- research-methods-presentation_roggow.ppt http://mergerandacquisitionstrategies.org/wp- content/uploads/2013/03/best-practice-companies-in- research-methods-presentation_roggow.ppt 3. To view the video training of this presentation separately: 3. To view the video training of this presentation separately: http://youtu.be/c8PGG3nZCGQ http://youtu.be/c8PGG3nZCGQ

3 Introduction Research enables businesses to identify and resolve business problems. Research enables businesses to identify and resolve business problems. The complex nature of business problems and operations can make business research a messy undertaking. The complex nature of business problems and operations can make business research a messy undertaking. Research methodology is an important aspect in today’s highly competitive business environment because it enables an organization to assemble facts that can be helpful in improving its products, processes, culture, and mitigates risk. Research methodology is an important aspect in today’s highly competitive business environment because it enables an organization to assemble facts that can be helpful in improving its products, processes, culture, and mitigates risk.

4 Objects of this Project Analyze what these best practice companies do within research methods. Define the similarities between Siemens and Toyota. Describe major differences between Siemens and Toyota. Critique Siemens and Toyota best practices. Implementing best practices.

5 Best Practice Companies: Siemens Concentrates on functions of the business. Decentralized approach. Focus on interdisciplinary research. Partnership. Networking. Ecological Sustainability Focus on Ecological Sustainability

6 Best Practice Companies: Toyota Customer focus. Emphasis on statistics. Continual process.. Focus on ecological sustainability.

7 Similarities between Siemens & Toyota Research activities take a decentralized approach. Research activities take a decentralized approach. Research activities are focused on enhancing customer satisfaction. Research activities are focused on enhancing customer satisfaction. Research activities are focused on ensuring environmental sustainability. Research activities are focused on ensuring environmental sustainability. Research activities focus on core functions of the organizations. Research activities focus on core functions of the organizations.

8 Differences between Siemens & Toyota Siemens’ research activities mainly pronounced at the design stage of the production process and directed towards promoting innovation within the company. Siemens’ research activities mainly pronounced at the design stage of the production process and directed towards promoting innovation within the company. Toyota’s research including design, manufacturing, quality control, marketing and many others. Toyota’s research including design, manufacturing, quality control, marketing and many others.

9 Critique of Best Practices: Siemens & Toyota Decentralization of research activities has resulted in duplication of research activities. Decentralization of research activities has resulted in duplication of research activities. The decentralized approach makes the organizations responsive to local needs and situation. The decentralized approach makes the organizations responsive to local needs and situation. Making the research process customer focused enhances customer satisfaction. Making the research process customer focused enhances customer satisfaction.

10 Implementing Best Practices Research is essential in any business environment. Research is essential in any business environment. It is a proactive approach of identifying problem, risks and opportunities and addressing them in a systematic manner. It is a proactive approach of identifying problem, risks and opportunities and addressing them in a systematic manner. Decentralize and customer focus research. Decentralize and customer focus research. Establish partnership and create networks in order to enhance research activities. Establish partnership and create networks in order to enhance research activities.

11 Conclusion Siemens and Toyota are among the best practices companies when it comes to business research methods.. Research methodology is an important aspect in today’s highly competitive business environment because it enables an organization to assemble facts that can be helpful in improving its products, processes, culture, and mitigates risk.

12 Blog Post For a full report on this project please visit my blog post: For a full report on this project please visit my blog post: http://mergerandacquisitionstrategies.org/best- practice-companies-in-research-methods http://mergerandacquisitionstrategies.org/best- practice-companies-in-research-methods

13 References Achatz, R. and Rombach, D. (2007). Research Collaborations between Academia and Industry. Retrieved from http://eisc.univalle.edu.co/cursos/web/material/750044/1/04221610- paper1.pdf Achatz, R. and Rombach, D. (2007). Research Collaborations between Academia and Industry. Retrieved from http://eisc.univalle.edu.co/cursos/web/material/750044/1/04221610- paper1.pdf http://eisc.univalle.edu.co/cursos/web/material/750044/1/04221610- paper1.pdf http://eisc.univalle.edu.co/cursos/web/material/750044/1/04221610- paper1.pdf Betrand, W. and Franszpp, J. (2002). Operations Management Research Methodologies Using Quantitative Methodologies. International Journal of Operations & Production Management. 22 (2): 241- 264. Betrand, W. and Franszpp, J. (2002). Operations Management Research Methodologies Using Quantitative Methodologies. International Journal of Operations & Production Management. 22 (2): 241- 264. Greener, S. (2008). Business Research Methods. Retrieved from http://finddoc.blog.com/files/2010/08/introduction-to-research- methods.pdf Greener, S. (2008). Business Research Methods. Retrieved from http://finddoc.blog.com/files/2010/08/introduction-to-research- methods.pdf http://finddoc.blog.com/files/2010/08/introduction-to-research- methods.pdf http://finddoc.blog.com/files/2010/08/introduction-to-research- methods.pdf Morgan, J. and Liker, J. (2006). The Toyota Way. Academy of Management Perspectives. 6-20. Morgan, J. and Liker, J. (2006). The Toyota Way. Academy of Management Perspectives. 6-20. Roggow, C. (2013). Best Practice Companies in Research Methods. Retrieved from http://mergerandacquisitionstrategies.org/best-practice- companies-in-research-methods/ Roggow, C. (2013). Best Practice Companies in Research Methods. Retrieved from http://mergerandacquisitionstrategies.org/best-practice- companies-in-research-methods/http://mergerandacquisitionstrategies.org/best-practice- companies-in-research-methods/http://mergerandacquisitionstrategies.org/best-practice- companies-in-research-methods/ Siemens (2011). Global Research at Siemens. Retrieved from http://www.siemens.com/innovation/pool/en/publikationen/ct- broschuere-2011-doppel_en.pdf Siemens (2011). Global Research at Siemens. Retrieved from http://www.siemens.com/innovation/pool/en/publikationen/ct- broschuere-2011-doppel_en.pdf http://www.siemens.com/innovation/pool/en/publikationen/ct- broschuere-2011-doppel_en.pdf http://www.siemens.com/innovation/pool/en/publikationen/ct- broschuere-2011-doppel_en.pdf Voss, C. (2005). Operations Management from Taylor to Toyota and Beyond. British Journal of Management. 6 (3): 17- 29. Voss, C. (2005). Operations Management from Taylor to Toyota and Beyond. British Journal of Management. 6 (3): 17- 29.

14 Created By Craig W. Roggow ________ Copyrights ©2013 Craig W. Roggow. All Rights Reserved.


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