Many companies use quantitative and qualitative methods to evaluate innovative projects. In this paper I will discuss these methods as they relate to UNICEF and their desire to improve their ability to communicate in rural areas where they go to provide disaster relief.
Quantitative Methods Quantitative methods involve converting projects to an estimate of some kind of future profit and/or returns from the project at hand. To achieve this managers, use statistical and mathematical comparisons of the projects. This method is not always reliable due to ever changing environments. Discounted cash flow methods and real options are the methods used most commonly.
Discounted Cash Flow: Discounted cash flow is broken down into two forms, net present
Some managers even come up with a type of scoring system based on the responses to the questions. Screening questions allow management to look at many important issues with the development project.
Research should be conducted before deciding on the right innovative technology for UNICEF’s ground personnel to use. The screening questions would be a good way to do that research. The current capabilities and the possibilities can all be determined using this method. The method will also help to figure the timing and the costs for developing and implementing the technology.
Q-Sort:
Has been used for purposes like identifying personality disorders to establishing customer preferences. This is done with a kind of focus group where each individual is given a stack of cards with an idea on each card and the have to arrange them in order of importance and at the end the group needs to come to an agreement on which projects are best. This method may be useful in coming up with what innovative technology would be best for UNICEF’s needs. This would create an environment where people can brainstorm ideas and agree on the right one. All individuals involved would need to make their decisions based on the technology and the costs and focus on the needs of UNICEF.
Conjoint
It is optimized by using evidence-based, thoughtful approaches associated with performance technology, quality control, communications, organization / employee development, project management, business processes, human resources, instructional design, change management and strategic planning and many more.
Discounted cash flow is a valuation technique that discounts projected cash inflows and outflows to evaluate the potential value of an investment. There are three discounted cash flow methods: Net Present Value (NPV), Profitability Index (PI) and Internal Rate of Return (IRR). The net present value discounts all cash inflows and outflows at a minimum rate of return, which is usually the cost of capital. The profitability index refers to the ratio of the present value of cash inflow to the present value of cash outflows. The internal rate of return refers to the interest rate that discounts cash inflow projections to the present to ensure that the present value of cash inflows is equivalent to the present value of cash outflows (Brown, 1992).
Identification of the problem-Herein lies the crucial first step in the Army’s Problem Solving Process. Initially a leader must determine the totality of the given situation, determine where the problem originated, and determine the “Who, What, When, Where and Why” answers to the source of the problem. Gathering of information-This step in the process is the most fluid. Understanding the problem at the user level is critical; therefore, defining the problem in this process is mandatory to ensure that everyone involved understands every facet of the problem statement. Development of criteria-While defining criteria to solve a problem, Army officers form two subsets; a screening set and an evaluation set. The screening set of criteria are parameters set by the leadership attempting to solve a problem to ensure the result of the decision made is a manageable success. The evaluation criteria consists of five validating elements. The elements of the evaluation criteria are; a short title; well defined; and the criteria must be of a standard unit of measure. Additionally, the problem solver must establish a benchmark that allows, the problem solver, to
-UNICEF is taking a full advantage of its resources, skills and capacities, most of which present agency’s sustainable competitive advantages
Using the Stages of the Research Process flowchart below, describe the steps involved in the Rescue Heroes research program. Make sure to discuss the different types of research methods employed in the program (e.g., focus groups, etc.) and the outcome/information obtained by Fisher-Price from the studies carried with each of these methods
Before applying a solution for a specific problem you got to make sure that it fits the region's culture and traditions in order to make it successful. Social/cultural considerations are all about the cultural acceptance, conformity with traditions and the social impact .As for the cultural acceptance this project will increase the awareness of the importance of self-confidence. Also when it's widely known, it will change a lot of people's lives. Social impact is also something that has to be but in consideration. First it will help the people specially the youth to be more confident Secondly they will be productive and less negative. It's now obvious after presenting the social and cultural consideration that this project would be applicable and easy to apply in
Briefly, the foundation has partnered with Rotary International in an effort to strength the aid to unfortunate communities. Combining the powerful financial resources of the Bill & Melinda Gates Foundation along with the volunteer capabilities of Rotary International, both organizations focus on the eradication of polio. On the other hand, Bill Gates encourages his foundation by involving himself in the areas of global health development as well as global development. In summary, Gates promotes the support of technology in the fields of scientific research focusing on preventing, diagnosing, and treating infectious diseases as well as other conditions that affect mothers, infants, and children. To complement, other areas of focus in the Global Health Division include HIV/AIDS, malaria, pneumonia, tuberculosis, and other infectious diseases. Likewise, the foundation’s Global Development Division focuses on improving living conditions around the world. For instance, Gates’ foundation implements agricultural development, financial services for the poor, and water sanitation and hygiene by donating and partnering with family
Giving to others through humanitarian projects is not only inclusive of providing monetary solutions for food. Philosophies and intention to reach specific goals are also associated with the needs of others. The Hunger Project is designed with the central goal of eradicating poverty. However, it is found that this is not done only by feeding the poor, but instead through empowerment initiatives that allow others to change their lives. When looking at the approach used to The Hunger Project, it can be seen that the ability to provide empowerment to others will assist in changing lives through donations. The impact which is made by making a donation creates an initiative not only through the power of changing lives of those in need. It also alters the socio political landscape and the global society at large. This impact is one which can redefine the overall functions in the globe, specifically by eradicating poverty.
Make the decision through the integration of ideas and data, and negotiation and prioritization of ideas
Qualitative and Quantitative study designs both can be beneficial in research design. They both provide valuable options for researchers in the field. These techniques can either be used separately in a research study or they can be combined to achieve maximum information. This paper will define the terms qualitative and quantitative; describe the similarities and differences between each; discuss how qualitative and/or quantitative research designs or techniques could be used in the evaluation of my proposed research; and discuss why linking analysis to study design is important.
In this process, it was important for me to establish the sense of urgency as well as the vision of the project. I accomplished this by meeting and working with the stakeholders, securing their consensus and working with the technical team to develop technical...
The following introductory sections describe the problem to be investigated and the goal to be achieved. The introduction also provides an analysis of the relevance and significance of the research and a discussion of barriers and issues related to achieving the goal. In addition, the approach and resources to be used in accomplishing the goal are discussed. Finally, a brief summary is provided.
Discuss the potential uses that your chosen emerging technology could be put to within the industry.
Qualitative and quantitative researcher’s exhibited conflicting ways of approaching a research. Some researchers prefer qualitative over quantitative and vice-versa. Also, it is common for qualitative and quantitative to be used together in a research. But, both methods when carried out correctly provide good research. Plus, both methods have their own unique differences and characteristics. In this paper I will define three of these characteristics in a quantitative and qualitative research design and discuss and compare their differences. (Smith & Davis, 2010)
Brainstorming is a technique that is widely used in big corporates now a day. Brainstorming is generally used to come up with ideas for critical problems. The process of brainstorming is bringing different kind of people with different mindsets who are from diversified community. They may be from different genders, from different religions, from different sectors, from different tribes or from different cultural backgrounds etc., Idea of inviting different type of people is to get different thoughts. Bringing up these thoughts will take the topic to a next level of thinking. This concept was developed by Mr. Alex Osborn in 1941.(brainstorming) Many researchers were contributed their developments since then.