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Questions to guide your assignments Assessment 2 – Group Case study Structure and content. Due July 26, 2020 Format – 3000 words max Introduction – 10% of word count – 300 words Intro: What is it about, what theories are used and what is the structure Body – 80% of the word count – 2400 words 14 paragraphs Application of selected theories (each group will have different theories Approx five to seven theories Conclusion – 10% of word count – 300 words References – APA 6th 1 Assessment 2 Group Case study Due Sunday Week 8 July 26, 2020 Written report submitted through Blackboard by one group member This is a group assessment and the focus is perception, bias, groups, group dynamics – conflict is expected and you must manage One group member emails video to me:
[email protected] Assessment foundation You will need to: WHAT IS THE DECISION THE BUSINESS MADE Consider the business/case environment and the associated change. Access large publicly available data sets relevant to your organisation’s decision eg (Government Census/ polls/ surveys/ Google analytics). Interrogate this data set Analyse how the data collected were collected by the organisation Argue how valid/representative the data is Conclude how meaningful the data is to the decision Evaluate how this has influenced the decision making process Assessment 2 – key points How will you use these data to support your decision-making/recommendation for your organisation? Utilise at least five different decision-making tools, (Theories or concepts from MGMT602) to support your conclusions/recommendations. Do these tools support each other, or suggest alternative pathways? 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 Create a ten minute Powerpoint Presentation of your case with associated voice over. Theories that must be considered From the content covered so far: State of dis-satisfaction - objectives Strategic Decision making Harrison’s six step model Simon’s Bounded rationality Perception Risk Risk Impact matrix Black Swan Groups and teams Group influences in decision making Ethics Bias Theories to come in the following weeks: Qualitative, quantitative data Big data Strategic decision making Non relevant theories PESTEL SWOT Pareto principle Decision trees Econometric modelling Decision making technologies Data mining Assessment foundation Paragraphs start with topic sentence – the theme of the paragraph. The author frames the analysis Words per sentence – 15 to 25. Beyond 30, the sentence is running on Sentences per paragraph – 6 to 10. Approx 120 to 200 words Theory is used to analyse the case – do not recite the theory Building foundation The topic sentence is the theme of the paragraph Theory is linked to the facts that you have found/identified Supporting sentences build the argument/position presented in the topic sentence suggestions Theory Feature 1 Feature 2 Feature 3 Feature 4 Feature 5 Feature 6 Feature 7 Case Fact 1 Fact 2 Fact 3 Fact 4 Fact 5 Analysis References Primary Data sources A grade Text books Journals WTO/UN ABS etc University publications B grade Hays consulting Delloites/Andersons/PWC BBC/PBS/ABC – quality news Secondary data sources C grade Company websites General news Blogs F grade Web Wikis etc References represent your work Quality Check YOUR REFERENCING IS VERY TELLING How was the article referenced Were these texts, journals, govt publications, newspapers or websites There is a descending quality and some are not academic Are only references to the course text book, does the course text book not listed The assignment will usually be of the same low quality Does the reference list have errors – typographical, editing, formatting Quality checks THE REFERENCE LIST Consider your reference list carefully It is a reflection of what you have put into the article. It is like a computer: garbage in – garbage out Student logs Each student must keep a log of contact with the group members Where students are not contributing to the group a group member must contact me with the log A consistent work flow must be maintained through out the assessment preparation On January 5, all groups will be required to provide me with a log of their group work. 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 http://library.laureate.net.au/research_skills/referencing 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 http://library.laureate.net.au/research_skills/referencing http://library.laureate.net.au/research_skills/referencing http://library.laureate.net.au/research_skills/referencing 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