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MGT602 Business Decision Analytics

   

Added on  2021-12-14

14 Pages3490 Words75 Views
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Running Head: MGT602
Business Decision Analytics
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1
Research Analysis
Executive Summary
In today’s business context most of the working environments are changing continuously
by implementing innovative or creative techniques to more and more number of people to work
together. It is significant for every company to overcome globalization that will help in
developing a virtual team. Hence, most of the organizations have overcome the demand of
globalization by forming virtual teams. The virtual team makes wise use of technologies that will
prove to be beneficial for the organization to execute its process systematically. Thus, skilled
workers prefer to work in the traditional organizational workplace environment. Therefore, the
paper provides with the discussion of the two scenarios that is scenario A and scenario B where
each of the scenarios discusses the significance of the decision-making process within an
organization. Also, it provides with recommendations to improve the process of decision-making
based on different techniques and tools.

2
Research Analysis
Table of Contents
Introduction.................................................................................................................................................3
Discussion of Scenario A............................................................................................................................3
Discussion of Scenario B.............................................................................................................................6
Recommendations.......................................................................................................................................8
Conclusion...................................................................................................................................................8
References.................................................................................................................................................10
Appendices................................................................................................................................................12

3
Research Analysis
Introduction
The paper demonstrates the evaluation of the usefulness of the decision-making tools that
reflects upon the decision-making style. It will provide with the comparison as well as contrast
that critically evaluates the decision-making process and style. It will evaluate and examine the
decision-making system and techniques that will engage group decisions and enhance
sustainable results. It will critically examine emerging technologies and tools for the effective
decision-making process. The virtual team works together to facilitate innovative or creative
ideas to bring success to the organization. Thus, the paper will focus on organizational change
management skills and decision-making that will improve group functioning.
Discussion of Scenario A
There were 800 people in the mid-sized Australian organization where 80 people were
widely involved in the Research, Development, and Design (RD&D) work. The primary
objective of the organization is to recognize the creative as well as innovative capabilities of
their RD&D staff members. To distinguish their business from their competitors, the firm makes
wise use of the capabilities of their staff (Duan & Xiong, 2015). To research the creative or
innovative capabilities of RD&D staff members the company has developed a project that is
carried out by the employees. The organization will get the significant information of the staff
members that could be accessed by using email-based communication among the staff members
of RD&D. The company has mapped the rates and directions along with email connectivity of
the employees. The organization has developed a map of the unstructured information of RD&D
that is provided in the emails of the employees. The map provides a node that recognizes detail
information of the employees along with their workstation in which they are logged in (Fan, Lau
& Zhao, 2015). The number of lines into or out of the nodes indicates the intensity of traffic and
the lines that connect different nodes and directions indicates the rates of connectivity. To
prepare tacit unstructured information and to discuss the information provided in an explicit
email, the project seeks an interpretation of the decision made. The RD&D staff members will be
provided with different meeting rooms with a facilitator, visual aids and a group support system.
The project will make wise use of communication technology system that will support
the meetings of the staff members, and in turn, it will help the staff members to get data implicit
or explicit information. To develop this process the resources that are being provided in each

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