Open AccessCritical Thinking in Research and Analysis for Business Development
Author(s) -
James McKee
Publication year - 2020
Publication title -
journal of research in administrative sciences
Language(s) - English
Resource type - Journals
ISSN - 2664-2433
DOI - 10.47609/jras2020v9i2p2
Subject(s) - business analysis , knowledge management , management science , process management , computer science , normative , empirical research , strategic planning , business model , business , marketing , engineering , political science , philosophy , epistemology , law
The aim of this paper is to highlight the need for more emphasis on the research and analysis required to obtain the right information needed for effective business development. The research examines the literature for examples of good practice for business research and analysis, which would lead to obtaining the most advantageous information for guiding the business. The result will show that insufficient attention is given in business studies to the analysis requirement to sift through vast amounts of available and interesting data for the critical useful information. More attention needs to be given to understand what information is most useful to the strategic development of the organisation. The limitation to this investigation is that the research is not empirical but normative in approach, but the practical result indicates that if more analysis subjects were included in business studies there will be better trained managers available. These managers would be betterable to develop their organisation by having more meaningful information available to guide them in their strategic planning role. Keywords: critical thinking, development, information, strategic planning, analysis