data informed research decision making and data informed management decision
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I need help identifying the difference and similarities between data informed research decision making and data informed management decision including references.
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This solution exemplifies data informed research decision making and data informed management decisions. References are also provided to further validate the findings.
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Let us first define three basic terms in the question: Research, Management and Decision Making.
Research means "studious inquiry or examination; an investigation or examination aimed at the discovery and interpretation of facts, revision of accepted theories or laws in the light of new facts or practical application of such new or revised theories or laws". (Merriam-Webster Dictionary)
Management in all business and organizational activities is "the act of getting people together to accomplish desired goals and objectives efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal". (Wikipedia)
The Business Dictionary defines Management as the "organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly defined objectives...it may also refer to the "directors and managers who have the power and responsibility to make decisions to manage an enterprise".
Decision making can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternatives. Every decision making process produces a final choice. The output can be an action or an opinion of choice. ...
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