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Reflective Report on Business Decision Analytics

   

Added on  2022-11-28

9 Pages1837 Words401 Views
Running head: MANAGEMENT
Reflective report on business decision analytics
Name of the student:
Name of the university:
Author note:
Reflective Report on Business Decision Analytics_1
1
BUSINESS DECISION ANALYTICS
Table of contents
Decisions made during week 1-3...............................................................................................2
Decision making preferences.....................................................................................................2
Impact of personality style on the decision-making style, bias and blind spots........................3
Feedbacks from three class members.........................................................................................4
Evaluation of the decisions and their significance.....................................................................4
References..................................................................................................................................7
Reflective Report on Business Decision Analytics_2
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BUSINESS DECISION ANALYTICS
Decisions made during week 1-3
After undertaking the activity 1.1, I gained an understanding about the specific
concepts related to management of the employees and their specific needs, demands and
requirements. Scholarly articles helped me to diversify my knowledge regarding strategic
management for enhancing competitiveness and globalization. Along with this, I also learnt
about the importance of knowledge in the age of big data. Learning activity 1.4 enriched my
preconceived knowledge, skills and expertise about identifying the major problems, which I
face and the ways and means of dealing with these problems. Scheduling the activities for
one week assisted me to excavate the importance of intuition in solving the daily problems. In
this process, I was able to measure the justification of applying intuitive approach towards
solving the problems.
In activity 1.3, I came to know about the process of building trust in the intuitive
informative processing. Scholarly articles and the examples of the companies and
organizations enhanced my awareness about their process of balanced decision-making
process. In this process, I constructed journey mapping and synthesis for the collected
information, which helped me to deduce relevant conclusions. My approach in this case was
deductive and explorative, which helped me in excavating the relevant and appropriate
decisions for solving the problems.
Actual decision made
I work as an HR manager in Commonwealth Bank, Australia. Therefore, I made the
decision of implementing employee retention policies. This was in terms of creating a
positive workplace culture. Within this, my focus was on organizing meetings and audits for
gaining an insight into the approaches of the stakeholders and shareholders regarding
Reflective Report on Business Decision Analytics_3

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