Improving market researcher's contribution to business decision making

This paper - in the form of a ten-step guide - is aimed at helping improve the quality of information-based business decision making.

Improving Market Researchers' Contribution To Business Decision Making

David SmithDVL Smith Ltd

INTRODUCTION

This paper – in the form of a ten step guide – is aimed at helping improve the quality of information-based business decision making.

  • Step one: design your research study with decision making action in mind.
  • Step two: manage decision makers' (information-based) decision making expectations.
  • Step three: reassure decision makers that implicit management hunch and intuition can take its rightful place alongside the explicit research evidence.
  • Step four: develop analytical frameworks and models that allow the latest (ad hoc) research evidence to be placed in the...

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