Reference no: EM133005346

MGT602 Business Decision Analytics

Assessment - Decision Style Analysis Reflective report

Learning Outcome 1: Select and evaluate the usefulness of a range of decision making tools and reflect on your decision-making styles and contrast with other styles to determine the respective levels of rationality and intuition utilised

Learning Outcome 2: Compare, contrast and critically evaluate sources of data as influences for decision-making in a range of business contexts

Context:

Fast changing workplaces call for greater flexibility in the ways individuals and work teams make and implement decisions. Alongside the increasing rate of change are the demands for better decision making through understanding and mitigating personal preferences and biases.

This assessment has been designed to:

- Appraise your ability to research academic literature on decision making. You are expected to utilise the literature provided in Modules 1 and 2 as a foundation that guides your further academic research.

- Select and evaluate the usefulness of a range of decision-making tools and reflect on levels of rationality and intuition utilised during the decision-making process.

- Compare, contrast and critically evaluate sources of data as influences in the decision-making context

- Identify the relevant sources of influence and limitations in your decision-decision making process

Guidelines:

This assessment draws on learning activities and resources from Modules 1 and 2. It is designed for you to engage in the decision-making process and then reflectively analyse your decision-making process using only theories and concepts from the Business Decision Analytics course (MGT602).

You should include in your reflective report:

• The decision-making problem detailed by your learning facilitator
• Analysis of your decision-making preferences (see activity Module 1)
• Analysis and influence of your personality traits and the impact on your decision-making
• Details of the sources of data collected during the decision-making process and how this data was evaluated/analysed
• Analysis of the decision-making process using any of the models discussed in Modules 1 and 2 plus any of your further relevant readings
• Analysis of written feedback from at least 2 other people on your decision-making process in the topic nominated by your Learning Facilitator
• Visual interpretation of data / trends/ patterns
• As a reflective analysis you will present your analysis in the first person.

1. Introduction: 100 words maximum. The introduction will present the reader with a clear and concise understanding of the following: 1. What is the submission about; 2. What theories will be used; 3 Your concise conclusion; and 4 The structure of the submission
2. Analysis and evaluation: 1300 words maximum. In this section you will analyse and evaluate your decision-making process using selected theories and concepts from the various Modules offered in Blackboard for this subject. You must include any blind spots or biases that you have identified in making this evaluative decision based on your research and formal feedback from others.
3. Conclusion: 100 words maximum. In this section you will provide a concise summation of your analysis and conclusion(s).
4. References: A minimum of 4 academic references are required from seminal sources and books.
5. Appendix: If required.

Attachment:- Business Decision Analytics.rar