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Page | 1 ASSESSMENT 2 BRIEF Subject Code and Title MGT602 Business Decision Analytics Assessment Case Study Presentation and Report Individual/Group Group (4-5 students) Length Up to 3,000 words per...

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Page | 1 ASSESSMENT 2 BRIEF Subject Code and Title MGT602 Business Decision Analytics Assessment Case Study Presentation and Report Individual/Group Group (4-5 students) Length Up to 3,000 words per group; 10 minute presentation Learning Outcomes SLO a 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 SLO b Compare, contrast and critically evaluate sources of data as influences for decision-making in a range of business contexts SLO c Examine and evaluate decision-making systems and techniques to engage group decisions and analyse how these can enhance sustainable outcomes SLO d Critically examine emerging tools and technologies for decision making Submission 12 week class. By 11:55pm AEST/AEDT Friday of Module 4.2 (Week 8) 6 week intensive class. By 11.55pm AEST Sunday Module 4.2 (week 4) Weighting 40% Total Marks 40 marks Context: In today’s workplaces, collaborative team-work is expected. Diversity in teams is a reality , but can lead to conflict and tensions, due to lack of intercultural intelligence, dominant personalities, or poor decisions due to passivity of members who may succumb to group-think (Janis, 1972), or who may be biased and have multiple blind spots. ASSESSMENT 2 requires you to design your own organisational research project: MGT602_ Assess 2_Team report-presentation-2019-V2 MGT602_ Assess 2_Team report-presentation-2019-V2 Page | 2 1. Apply decision-making systems and techniques in a group to interrogate and interpret a range of data analytics pertinent to a relevant contemporary organisational challenge. 2. Evaluate those systems and techniques to support effective decision-making in organisations 3. Engage as a team to present your findings in a visual, oral and written form that informs and influences the audience to make effective decisions in organisations 4. Support your argument with relevant contemporary literature including major resources from within the subject modules. With guidance from your facilitator, form a team of 4-5 classmates by week 4. Diversity considerations may include: ethnicity; gender; learning styles; personality; decision-making preferences; work experience; first degrees; level of study (just starting/ almost finished); strengths; technical skills; values. In the first 1-2 weeks, share your stories, and diversity, and summarise these in a table. Review what elements support high performing teams, and how each team member will support the project. Prepare a project plan, and maintain records of meetings, actions (who/what/how/when). On a weekly basis, upload key points into your group space in Blackboard, and contribute to each weekly discussion forum as a team. As a team, brainstorm project decision-making challenges you have experienced in the workplace, and which challenge you want to focus on to demonstrate effective decision-making as a team. Imagine you hold key roles in a medium-large size organisation. You will need to nominate your roles, and explain the operating context of the organisation (industry, location, size, products/ services/ organisation. Challenges may relate to understanding your target market for the launch of a new product/ service; recruiting highly qualified staff; acquisition/ merger; operations; manufacturing; logistics; information systems. You will need to access a large publicly available data set relevant to your organisational challenge (Government Census/ polls/ surveys/ Google analytics). You will need to interrogate this data set- how were the data collected; how valid/ representative are they; how meaningful are they? CHECKPOINT:BY WEEK 6, PRESENT A DRAFT OUTLINE OF YOUR REPORT TO YOUR LEARNING FACILITATOR FOR FEEDBACK How will you use these data to support your decision-making for your organisational challenge? Select and utilise at least three different decision-making tools to support your recommendations. Do these tools support each other, or suggest alternative pathways? How can you create a visual representation of the data patterns/ trends to inform and influence your executive team to implement the recommendations for your project? Do not simply copy and paste – you need to create your own visualisation. MGT602_ Assess 2_Team report-presentation-2019-V2 Page | 3 Your assessment response should make use of relevant, contemporary decision models and theories, team process and group dynamics theories drawn from academic research papers and articles in support of your argument . You need to present as a team (ie, all members to participate) in a video / live presentation (10 minutes)in week 8; plus submit a case study research report that defines: the brief; the aims of your study; the scope; key research questions; team introduction and summary of team diversity; literature review on teams and decision-making; use of data analytics; source of data, rationale for use; analysis, interpretation and presentation of selected data; discussion, recommendations; so what (significance of using D-M tools and team dynamics); list of references, and appendices to include team project plan, individual team process feedback and synthesised summary agreed by all team members. Referencing: You must recognise all sources of information; including images that you can include in your work. Reference your work according to the APA 6th edition guidelines. See Submission Instructions: Submit the case study report into Turn-it-in, and wait for TII report. Submit one case study report and presentation file with TII report for the team into Assessment 2 submission link in the Assessment section of the subject Blackboard site. Appendix 1: Team Participation Score Matrix a) Individually, each team member will assign a “teamwork” score (from 1-5) to SELF and to OTHER members of the team/group using a participation score matrix. Write a short personal reflection (200 words) b) As a team, review each team member reflection and teamwork score- give each other constructive feedback and create a synthesised summary of the team process in the decision-making project. Grading Matrix Member Name/ID Teamwork (1L-5H) Comments 1 SELF: Name 2 3 MGT602_ Assess 2_Team report-presentation-2019-V2 Page | 4 4 Personal reflection (200 words) Appendix 2: Peer Evaluation Grading Scheme Rating Group Work Description 5  Helps establish team’s purpose, operations and set direction  Implements strategies for enhancing team member engagement  Brings advanced understanding of team decision making to the team’s functioning.  Brings an understanding of the needs of individual, team, and task to completing the decision task  Carries more than own share of the load  Helps guide the team to effective, on time completion of the project  Participates effectively in team’s decision making by establishing a regime of checking and testing team members’ responses, project recommendations and conclusions 4  Facilitates team development in helping define work to be done, and setting goals  Works to gain agreement on team roles, responsibilities, tasks and schedules  Brings advanced understanding of team decision making to the team’s functioning.  Brings an understanding the needs of individual team members, task and team to the completing the decision task  Carries more than own share of the load  Helps guide team to effective, on time completion of the project 3  Contributes to team discussions to reach agreement on project issues  Works together with others towards problem identification.  Provides limited conceptual input to the analysis of data, selection of possible alternative approaches, fails to work actively working to achieving project completion.  Carries some of the team’s workload 2  Provides limited support to the team in making sense of the data and information available.  Provides some inputs into team functioning. Meets a limited number of team goals. Attends most team meetings, sometime neglecting to link up with team member.  Fails to carry own share of the loads 1  Does not participate actively in a team environment MGT602_ Assess 2_Team report-presentation-2019-V2 Page | 5  Places individual goals ahead of the team and the team’s task responsibilities  Hinders the group process and upsets the schedule Zero  Fails to participate in team meetings and actions. Remains a social loafer and silent contributor MGT602_ Assess 2_Team report-presentation-2019-V2 Page | 6 Learning Rubric: MGT602 Assessment 2 Case Study Assessment Criteria Fail (Unacceptable) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75 -84% High Distinction (Exceptional) 85-100% 1. Apply decision making systems and techniques in a group to interrogate and interpret a range of data analytics pertinent to a relevant contemporary organisational challenge.(25% -10/40) Little or no reference made to conceptual frameworks or theoretical models of decision making Basic coverage
Answered Same Day Jul 19, 2021 MGT602


Parul answered on Jul 21 2021
128 Votes
Strategic Decision Making in Amazon Pulling Out from New-York City
Decision making by itself means process of selection one option out of many alternatives. Strategic decision-making means where decisions are made as per the company's vision such that they are able to achieved the objective. Strategic decision making is for the long-term growth plan for the organisation and hence it is imperative to think-out of the box. Senior leadership and top management are involved in taking the decisions and commands tremendous amount of resources. Indeed, strategic decision requires lot of time since it generally have many consequences and determines the journey of the organisation ahead.
Amazon is one of the most successful Technology company in the world. With its headquarters located in Seattle employing around 40,000 employees decided to have its second headquarters in New-York City in early 2018. This was an extremely big project with billions of dollars involved. With an aim to provide jobs to 50,000 employees, internship plan for local students, housing projects along with the construction of four empire state building. However, on 14th Feb, 2019, Amazon had to pull back from the deal. This in my opinion was the right decision and very strategic in nature.
Strategic decision-making is the way toward outlining a course dependent on long haul objectives and a more extended term vision. Business pioneers utilize strategic decision-making when they plan the organization's future. This includes characterizing long haul objectives, reacting to advertise powers and doing the company's crucial. An organization's crucial equal to its motivation - its essential...

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