Defining Business Decision Analytical Process

Running head: Business decision analytic 1
Business Decision Analytic
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Business decision analytic 2
Executive summary
This outlines the decision-making process in the business. For any organization to solve the
problem inside the business it should follow the right channel in achieving the objectives set to
find the solution. In this report, the following procedures were used: Defining the problem,
situational analysis, sense-making, formulation of potential solutions, selecting between the
solutions, decision making based on the solution, implementation of the solution and testing,
team feedback decision. The following phases were handled keenly using systems and tools for
decision making. Using all these methodologies successful solution was achieved using a quality
decision making mechanism.

Business decision analytic 3
Table of Contents
Introduction....................................................................................................................................4
Main Discussion.............................................................................................................................5
Problem Definition.....................................................................................................................5
Situation Analysis.......................................................................................................................7
Sense making..............................................................................................................................8
Formulation of potential solutions............................................................................................9
Selection between solutions.....................................................................................................11
Decision making based on the solution..................................................................................12
Implementation of the decision...............................................................................................12
Testing, Team Feedback on the decision...............................................................................14
Conclusion and Recommendations.........................................................................................15
Reference......................................................................................................................................16
Introduction
Operating any successful business requires the capacity to make upright decisions (Fahimnia,
Nielsen & Omid, 2018). One small wrong decision can totally influence the whole company. It is
very important for the management or the owner of the business to understand the facts behind

Business decision analytic 4
the decision making and have continuous improvement on the skills toward decision making.
There are many systems, tools, and techniques which can be used to evaluate and investigates
decision making in the organization. The reason behind decision making is to solve an existing
problem or prevent future uncertainties or to improve the existing condition in the organization
(Fahimnia, Nielsen & Omid, 2018).
Decision making in the organization can be influenced negatively or positively by the internal
factors inside the organization or external factors. The internal factors are management skills on
an area of specializations while external is like government policies, technological, social
cultural and political forces. In making organization decision all these factors are supposed to be
considered in all direction for the successful result. A team of researchers or panel is required to
handle decision-making matters in the organization. Positive and negative effects from good or
poor decision may influence business in the following sector: the marketing and sales
department, business income, production sector human resources department and all in all the
whole organization (Canova & Hamidi Sahneh, 2017).
However, in this scenario, they are business which is required to make a decision towards several
matters (Banaeian et al., 2018). The decision is on the key products which have lost market
values due to the governmental policies which have affected business profit negatively. Urgent
changes are required toward this by doing research on employee salaries and reduction process
of the employee. This will influence a lot towards addressing this problem positively and
improve the situation. The solution should be on the, how many employees will remain in the job
and what is the recommendation about them.