MGT602 Business Decision Analytics
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|ASSESSMENT 2 BRIEF|
|Subject Code and Title||MGT602 Business Decision Analytics|
|Assessment||Decision Style Analysis Reflective report|
|Individual/Group||Group Case Study Presentation and Report|
|Length||Part A. Group report of business decision making process up to 3,000 words; Part B. Group in class presentation maximum 10 minute Part C. Individual reflective Up to 200-word self-reflection|
|Learning Outcomes||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 utilizedCompare, contrast and critically evaluate sources of data as influences for decision-making in a range of business contextsExamine and evaluate decision-making systems and techniques to engage group decisions and analyse how these can enhance sustainable outcomesCritically examine emerging tools and technologies for decision making|
|Submission||For regular class (12 Weeks Duration): By 11:59 pm AEST/AEDT Sunday of Module 4.2 (week 8) For intensive class (6 Weeks Duration): By 11:59 pm AEST/AEDT Sunday of Module 4.2 (week 4)|
|Total Marks||40 marks|
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 Groupthink (Janis, 1972), or who may be biased and have multiple blind spots. Your understanding and experience of these issues are vitally important to your overall business knowledge.
This assessment has been designed to:
- Apply decision-making systems and techniques in a group
- Interrogate and interpret a range of data analytics pertinent to a relevant contemporary organisational challenge, decision or change of strategy.
- Apply and evaluate those systems and techniques to support effective decision- making in organisations.
- Engage as a team to present your findings in a visual, oral and written format that critically evaluates the decision making process in a contemporary organization.
- Form your arguments through the use of contemporary literature associated with decision making theories and concepts as presented in Modules 1 to 4.
- Work as a team to identify research a business decision and present a business report and ten-minute presentation.
- Reflect on each team members’ and your personal contribution in researching the case
study, from preparing the report and compiling the in-class presentation.
Part A: MGT602 Assessment 2 guidelines 3000-word report.
This assessment draws on learning activities and resources from Modules 1-4. It is designed for you to analyse a corporate case study and the decision-making process using only theories and concepts from Business Decision analytics. You should consider in researching and preparing your case study report the following:
- The business challenge or issue detailed by your learning facilitator
- Background to the case
- Collection of relevant internal and external data sources that the organization may have used in the decision-making process
- Identification of the key person or persons making the decision
- Analysis and influence of individuals and group dynamics impact on the decision- making
- Analysis of the decision-making process considering all theories and concepts discussed in Modules 1, 2, 3 and 4.
- Visual interpretation and presentation of relevant data / trends/ patterns
Cover Sheet: Every assessment should have a Torrens University Coversheet. (The Assignment Cover Sheet found in: https://www.torrens.edu.au/policies-and-forms)
- Executive summary: 250 words maximum. The executive summary is a summation of the report. Included are the case being analysed; the data and evidence collected; the theories used and associated conclusion; and the overall findings.
2. Table of contents.
- Introduction: 300 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
- Analysis and evaluation: 2400 words maximum. In this section the report will analyse
and evaluate the decision-making process using selected theories and concepts from your readings of the various Modules in MGT602 and your wider readings.
- Conclusion: 300 words maximum. In this section you will provide a concise summation of your analysis and conclusion(s).
- References: A minimum of 10 academic references are required from seminal sources and books. Referencing must be APA style. For referencing information refer to: http://library.laureate.net.au/research_skills/referencing
7. Appendix: If required.
- NOTE: This submission is to be presented in report format. Any tables prepared may be included in the body of the report but must be clearly and concisely discussed as part of the analysis. Alternatively, the table should be identified and discussed in the text/body and included in an appendix.
Part B: MGT602 Assessment 2 guidelines ten-minute in-class presentation:
Each group will prepare up to a ten-minute presentation of their proposed report findings to be presented in week 7 or 8 of the semester. This presentation will provide the audience with a succinct understanding of: the case study, the decision, analysis and conclusions. The purpose of the presentation is for your team to gain meaningful feedback from your peers to enhance your future written report submission. Your team may also pick up useful ideas from listening to the other team’s presentations. The presentation should use the following format
- Introduction – 1 minute: Case, group members, theories and presentation structure
- Analysis: – 8 minutes: Application of selected theories and concepts and evaluation of the decision making process gained from this course
- Conclusion – 1 minute: Summation of presentation analysis and evaluation
PLEASE NOTE: Every group member must be a part of the presentation.
The specific timing of your oral presentation will be provided by your Learning Facilitator, but should occur in the seventh or eighth teaching period (whether 12 week or 6 week offering)
Part C. MGT602 Assessment 2 guidelines peer evaluation:
Each student will submit a self and peer evaluation matrix rating the contribution of each group member in the research and preparation of the group report and presentation. Refer Appendix A. To successfully complete this Part C of the assessment, each group should prepare and maintain a project plan, records of meetings, actions (who/what/how/when) which is updated weekly. Each student’s peer evaluation will include individual ratings and a 200-word analysis of the collective group’s decision-making processes. Each student’s peer
evaluation must be included in the Appendix of the report
MGT602 Assessment 2 Submission Process
- Submit your MGT602 Assessment 2 via Blackboard and the Assessments Tab by Sunday of teaching period 8 before 23.59hrs.
- The Assignment Cover Sheet is available at (https://www.torrens.edu.au/policies-and- forms) must be inserted at the beginning of the assessment document. Ensure the name and student number of all team members are included in this Cover Sheet.
§ ONLY ONE STUDENT IS TO SUBMIT THE WRITTEN REPORT TO GRADE CENTRE.
- Please make sure to submit ONE Microsoft WORD Document (.doc OR .docx). PDF Submissions will NOT be accepted.
- Please make sure to insert page numbers.
- You must identify each section of the report with the headings which are listed in the table of contents.
- The Cover Sheet and References are not included in the word count. Nor are the Executive Summary, Table of Contents or Appendix.
- Only APA style is used for citing and referencing. More information on referencing is at http://library.laureate.net.au/research_skills/referencing
- Please make sure to review the provided marking rubric at the end of this document for your information.
Notes to Learning Facilitator and student:
Each team needs to address the topic allocated by the Learning Facilitator in week 2. It is the group member’s responsibility to read the assessment topic and search for relevant data to produce a report to address the topic.
Your team will present an oral presentation of your proposed report in week 7or 8 (12 week class – 7th or 8th teaching period intensive class).
The group is required to assume the role of undertaking this decision for themselves.
Peer Evaluation Team Participation Matrix for inclusion in final report submission.
Each student will assign every team member a “teamwork” score/rating from 1 low to 5 high using the table below and include comments of the specific contribution or lack thereof. As part of the final report each team member is able to reflect upon the group dynamics, decision making and individual contribution to the report. Then prepare a short personal reflection, maximum 200 words on the most significant decision-making theory that impacted the group performance. This can be attached as an appendix to the main report. Each team member must complete this Team Evaluation Matrix separately, and a copy of each evaluation to be attached as an appendix to the bottom of the formal report.
|Team member name||Rating –(1 to 5)||Comments to team member|
Personal Reflection (maximum 200 words):
Peer Evaluation Grading Scheme
|Rating||Group Work Description|
|5||Helps establish team’s purpose, operations and set directionImplements strategies for enhancing team member engagementBrings 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 taskCarries more than own share of the loadHelps guide the team to effective, on time completion of the projectParticipates 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 goalsWorks to gain agreement on team roles, responsibilities, tasks and schedulesBrings 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 taskCarries more than own share of the loadHelps guide team to effective, on time completion of the project|
|3||Contributes to team discussions to reach agreement on project issuesWorks 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 environmentPlaces individual goals ahead of the team and the team’s task responsibilitiesHinders the group process and upsets the schedule|
|0||Fails to participate in team meetings and actions.Remains a social loafer and silent contributor|
Grading Rubric Assessment 2 Weighting 40%
|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 of at least one relevant conceptual framework and one model of decision making||Clear coverage and comparison of at least two models and frameworks for decision making, including some evaluations.||Well-developed understanding of the field of decision making as demonstrated by coverage of multiple models and frameworks and evaluation of appropriate use of models to meet specific task environments||Sophisticated understanding of the decision-making field. Demonstrated coverage of multiple models and conceptual frameworks and evaluation of appropriate use of models to meet specific task environments|
|2. Evaluate those systems and techniques to support effective decision making in organisations (25% 10/40)||Little or no evaluation of decision frameworks, concepts.||Basic evaluation of decision frameworks, concepts.||Clear attempt at evaluation of decision frameworks, concepts||Comprehensive evaluation of decision frameworks, concepts. Forms brief links between concepts, frameworks associated with decision making in organisations.||Sophisticated, comprehensive evaluation of decision frameworks, concepts. Forms sound links between decision concepts, frameworks for 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 (25% 10/40)||Limited evidence of understanding of importance of teamwork dynamics for effective data analysis and decision making. Presentation and report lack logical coherence and clear structure.||Basic evidence of understanding of importance of teamwork dynamics for effective data analysis in the context of decision-making. Presentation and report summarise main points, but many gaps in structure and content.||Consistent understanding of importance of teamwork dynamics for effective data analysis in the context of decision- making. Clear presentation and report that covers most parts of the requirement||Advanced engagement and understanding of the importance of teamwork dynamics for effective data analysis in the context of decision-making’ Clear, comprehensive, engaging presentation and report||Consistently demonstrates a systematic and critical engagement and understanding of the importance of teamwork for effective data analysis and decision-making. Sophisticated, comprehensive and engaging presentation and report.|
|4. Support your argument with relevant contemporary literature including major resources from within the subject modules. (25 % 10/40)||No/ limited use of relevant contemporary literature including major resources from within the subject modules. Many errors in text citations and reference list according to APA referencing guidelines.||Supports argument with relevant contemporary literature including major resources from within the subject modules, but these are not always explicit or well developed. Several major and minor errors in text citations and reference list according to APA referencing guidelines.||Consistent use of relevant contemporary literature to support arguments including major resources from within the subject modules. Several minor errors in text citations and reference list according to APA referencing guidelines.||Consistent use of relevant contemporary literature to support arguments including major resources from within the subject modules, and from within wider Torrens University business database. Strong level of accuracy of in text citations and reference list according to APA referencing guidelines||Consistent and sophisticated use of relevant contemporary literature to support arguments including major resources from within the subject modules, and from within wider Torrens University business database. High level of accuracy of referencing according to APA referencing guidelines|