Business Decision Analytics

Running head: BUSINESS DECISION ANALYTICS
BUSINESS DECISION ANALYTICS
Name of the Student
Name of the University
Author Note

BUSINESS DECISION ANALYTICS1
Business decision analytics helps in strategic decision making. It helps to extract
important information from an unstructured data and transforms them into actionable
information. This improves operational efficiency and business productivity. Business
analytics enables me to gain competitive intelligence in terms of market conditions and target
customer are more successful and optimized process. As a manager in an organisation, I must
analyse the changing demands of workplace and take measurable decisions. The workplace is
changing very fast and workplace demands may risk the company. High operational
efficiency with improved customer satisfaction and increased revenue level is achieved data
driven organisation for more profit margin. So I must evaluate the decision making tools that
must be used by the company for effective decision making during critical situation.
Decision style analysis
As a manager, I have taken decisions and recorded some issues to be considered. I
considered this advice to be concerning on productivity of the business due to lack of
achieving organisational goal. It had a big impact on me tackling such problems and it helped
me to understand my role of accounting the purchase of raw material, supply of goods and
directing employees with training for enhancing their skills. As an analytical practitioner, the
fundamental technique used for descriptive analytics involves preparing data for subsequent
analysis to predictive analytics which provides advanced model to forecast and predict the
future. Considering the directive decision making style, it contains the matters which are very
crucial for the organisation. I faced some problems related to persistent low employee
retention rate.
Directive or Autocratic Decision Making Directive decision making style is helpful
for me to take decisions for situations such
as stability, repeating patterns and consistent

BUSINESS DECISION ANALYTICS2
events. I must take decisions to motivate the
employees for a long term aspect. This style
is less effective because in directive
decision making style, the decision is taken
by own ideas and experience which may or
may not be effective.
Analytical Decision Making I must collect all the data related to
employee’s performance history and need a
statistical analysis to gain competitive
advantage. I must analyse the alternative for
this problem and the only alternative is to
enhance employee’s skill set, develop their
professional growth, and improve better
work experience. This style is more
effective as it takes expert advice along with
considering factual and detailed
information. This style makes me careful
decision maker while taking any decision in
unique situations.