Decision Style Analytics for Business Decision Making - MGT602
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This report analyzes decision preferences and styles for business decision making in MGT602 course. It includes insights into decision preference test results, reflection on decision styles, feedback on decision styles, self-development strategies, and recommendations.
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Running Head: BUSINESS DECISION 1
MGT602 Business Decision Analytics
Decision Style Analytics
Name:
Institution:
Decision Style Analytics
MGT602 Business Decision Analytics
Decision Style Analytics
Name:
Institution:
Decision Style Analytics
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Contents
Introduction................................................................................................................................2
Body...........................................................................................................................................3
Insights into Decision Preference Test Results......................................................................3
Reflection on Decision Styles................................................................................................3
Feedback on Decision Styles..................................................................................................3
Self- Development Strategies and Discussions......................................................................3
Conclusion..................................................................................................................................3
Recommendations......................................................................................................................3
References..................................................................................................................................3
Appendices.................................................................................................................................3
Introduction................................................................................................................................2
Body...........................................................................................................................................3
Insights into Decision Preference Test Results......................................................................3
Reflection on Decision Styles................................................................................................3
Feedback on Decision Styles..................................................................................................3
Self- Development Strategies and Discussions......................................................................3
Conclusion..................................................................................................................................3
Recommendations......................................................................................................................3
References..................................................................................................................................3
Appendices.................................................................................................................................3
Introduction
The major aim of this report is to for me to demonstrate the ability to select and
evaluate the usefulness of a range of decision making tools and reflect on my decision-
decision making styles and contrast with other styles to determine the respective levels of
rationality and intuition utilized. This objective will be achieved by conducting a number of
activities. The activities involved in this exercise include identifying my own decision
preferences, keeping a decision diary and identifying my own type and shadow side. These
activities have been done and discussed in details in the subsequent sections.
In a nutshell, the results demonstrates that intuition has an average score of D which is
a high score. The analysis further demonstrates that I generally trust I hunches in your
problem analysis and making. The average logic score is E, which is a high score. This result
demonstrate that on most occasions I tend to prefer using my logical thinking when analyzing
problems and making decisions. Similarly, my average score in balance is E, which is a high
score. This is an indication that I tend to have a strong interest in the implications my
decisions have on others (Stuart A., 2009).
Similarly, based on mind and how we interact with our environment, I am rated as
extraverted, intuitive, observant, using feeling making decisions, judgmental and assertive.
These are very important trains in the decision making process at personal level or corporate
level (Doda, et al., 2014).
Body
Analysis of own decision preference
This sections outlines the results of the various decision preferences as well as
exploring opportunities for change and improvements. The three decision preferences
considered in this scenario are intuition, logic and balance (Lind, 2008). The score on these
preferences have been graded as either low, medium or high. These three components are
The major aim of this report is to for me to demonstrate the ability to select and
evaluate the usefulness of a range of decision making tools and reflect on my decision-
decision making styles and contrast with other styles to determine the respective levels of
rationality and intuition utilized. This objective will be achieved by conducting a number of
activities. The activities involved in this exercise include identifying my own decision
preferences, keeping a decision diary and identifying my own type and shadow side. These
activities have been done and discussed in details in the subsequent sections.
In a nutshell, the results demonstrates that intuition has an average score of D which is
a high score. The analysis further demonstrates that I generally trust I hunches in your
problem analysis and making. The average logic score is E, which is a high score. This result
demonstrate that on most occasions I tend to prefer using my logical thinking when analyzing
problems and making decisions. Similarly, my average score in balance is E, which is a high
score. This is an indication that I tend to have a strong interest in the implications my
decisions have on others (Stuart A., 2009).
Similarly, based on mind and how we interact with our environment, I am rated as
extraverted, intuitive, observant, using feeling making decisions, judgmental and assertive.
These are very important trains in the decision making process at personal level or corporate
level (Doda, et al., 2014).
Body
Analysis of own decision preference
This sections outlines the results of the various decision preferences as well as
exploring opportunities for change and improvements. The three decision preferences
considered in this scenario are intuition, logic and balance (Lind, 2008). The score on these
preferences have been graded as either low, medium or high. These three components are
considered to be very crucial in personal decision- making as well as acting as aid to securing
an employment (Indina & Morosanova, 2009). The results obtained are contained in the
appendices section.
The results demonstrates that intuition has an average score of D which is a high
score. The analysis further demonstrates that I generally trust I hunches in your problem
analysis and making. The average logic score is E, which is a high score. This result
demonstrate that on most occasions I tend to prefer using my logical thinking when analyzing
problems and making decisions. Similarly, my average score in balance is E, which is a high
score. This is an indication that I tend to have a strong interest in the implications my
decisions have on others (Stuart A., 2009).
All the three levels of preferences are evidently high. The area that requires
improvement is the balance preference. I believe this area needs improvement because having
a strong interest in the implications my decisions have on others could at times slow the
decision making process (Pavlova & Kornilova, 2013).
Reflection on Decision Styles
This sections outlines an in-depth analysis of the decisions made as peer the diary
found in the appendices. Personally, I prefer working on decisions that look right over those
that feel right. I prefer my gut feelings when making decisions. My decision of whether to be
rational or not while making decisions is not encouraged in any way by others’ feelings.
However, I really prefer being objective in justifying my decisions. My emotions do not
really count when dealing with problems. Based on the decisions, I believe they fit well with
the tasks and the environments they are made in.
Feedback on Decision Styles
This section outlines the feedback of the decisions styles. The feedback has been
categorized into mind, energy, nature, Tactics and identity. Based on mind and how we
an employment (Indina & Morosanova, 2009). The results obtained are contained in the
appendices section.
The results demonstrates that intuition has an average score of D which is a high
score. The analysis further demonstrates that I generally trust I hunches in your problem
analysis and making. The average logic score is E, which is a high score. This result
demonstrate that on most occasions I tend to prefer using my logical thinking when analyzing
problems and making decisions. Similarly, my average score in balance is E, which is a high
score. This is an indication that I tend to have a strong interest in the implications my
decisions have on others (Stuart A., 2009).
All the three levels of preferences are evidently high. The area that requires
improvement is the balance preference. I believe this area needs improvement because having
a strong interest in the implications my decisions have on others could at times slow the
decision making process (Pavlova & Kornilova, 2013).
Reflection on Decision Styles
This sections outlines an in-depth analysis of the decisions made as peer the diary
found in the appendices. Personally, I prefer working on decisions that look right over those
that feel right. I prefer my gut feelings when making decisions. My decision of whether to be
rational or not while making decisions is not encouraged in any way by others’ feelings.
However, I really prefer being objective in justifying my decisions. My emotions do not
really count when dealing with problems. Based on the decisions, I believe they fit well with
the tasks and the environments they are made in.
Feedback on Decision Styles
This section outlines the feedback of the decisions styles. The feedback has been
categorized into mind, energy, nature, Tactics and identity. Based on mind and how we
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
interact with our environment, I am rated as extraverted, intuitive, observant, using feeling
making decisions, judgmental and assertive. These are very important trains in the decision
making process at personal level or corporate level (Doda, et al., 2014).
Self- Development Strategies and Discussions
I have identified two shadow sides that needs improvement. Areas of surprise are the
identity and nature. According to nature, a trait that influences how we make decision, I make
decisions based on feelings. I believe this is an area that really needs improvement. Similarly,
based on identity, a trait that underpins all others showing how confident we are our abilities
and decision, assertiveness has a higher score of 83%. However, I feel that this is a very
important aspect that needs improvement. Assertiveness should be at least 90% for proper
decision making (Anon., 2013).
Conclusion
This report has helped in bringing out real decision preferences thought inductive and
deductive studies. The most captivating thing about this exercise and the various outcomes is that I am
quite intuitive and assertive. Similarly, I now understand that I make decisions based on my feelings
rather than the final outcome. This implies that my decision making may be influenced by nature and
emotions (Sarah, 2011). On average, I am balanced in decision making. The most interesting thing I
have leant about my decision preference is that my decision making process can easily be influenced
by those surrounding me and more importantly, I am an extrovert (Frankfort-Nachias, 2015).
Recommendations
I can make a few recommendations based on the outcome of this exercise. I will try to be
more considerate on the nature to avoid making decisions based on the feelings. I will try to evaluate
and possible figure out the decisions I make before I actually execute them.
making decisions, judgmental and assertive. These are very important trains in the decision
making process at personal level or corporate level (Doda, et al., 2014).
Self- Development Strategies and Discussions
I have identified two shadow sides that needs improvement. Areas of surprise are the
identity and nature. According to nature, a trait that influences how we make decision, I make
decisions based on feelings. I believe this is an area that really needs improvement. Similarly,
based on identity, a trait that underpins all others showing how confident we are our abilities
and decision, assertiveness has a higher score of 83%. However, I feel that this is a very
important aspect that needs improvement. Assertiveness should be at least 90% for proper
decision making (Anon., 2013).
Conclusion
This report has helped in bringing out real decision preferences thought inductive and
deductive studies. The most captivating thing about this exercise and the various outcomes is that I am
quite intuitive and assertive. Similarly, I now understand that I make decisions based on my feelings
rather than the final outcome. This implies that my decision making may be influenced by nature and
emotions (Sarah, 2011). On average, I am balanced in decision making. The most interesting thing I
have leant about my decision preference is that my decision making process can easily be influenced
by those surrounding me and more importantly, I am an extrovert (Frankfort-Nachias, 2015).
Recommendations
I can make a few recommendations based on the outcome of this exercise. I will try to be
more considerate on the nature to avoid making decisions based on the feelings. I will try to evaluate
and possible figure out the decisions I make before I actually execute them.
References
Anon., 2011. Personality, perceptions and retrenchment decisions of managers in response to
decline: Evidence from a decision-making study. Psychology, 16(2), p. 16.
Anon., 2013. Supported Decision-Making and Personal Autonomy for Persons with
Intellectual Disabilities: Article 12 of the UN Convention on the Rights of Persons with
Disabilities. The Journal of Law, Medicine & Ethics, 41(12), p. 15.
Doda, B., Gennaioli, C., Groundson, A. & Sullivan, R., 2014. Enhancement of Customer
Relationship Management through Web Social Network Integration. Customer Service
Journal , pp. 2-6.
Frankfort-Nachias, C. &. L.-G. A., 2015. Social Statistics for a diverse society. Thousand
Oaks, CA: Sage Publications.
Anon., 2011. Personality, perceptions and retrenchment decisions of managers in response to
decline: Evidence from a decision-making study. Psychology, 16(2), p. 16.
Anon., 2013. Supported Decision-Making and Personal Autonomy for Persons with
Intellectual Disabilities: Article 12 of the UN Convention on the Rights of Persons with
Disabilities. The Journal of Law, Medicine & Ethics, 41(12), p. 15.
Doda, B., Gennaioli, C., Groundson, A. & Sullivan, R., 2014. Enhancement of Customer
Relationship Management through Web Social Network Integration. Customer Service
Journal , pp. 2-6.
Frankfort-Nachias, C. &. L.-G. A., 2015. Social Statistics for a diverse society. Thousand
Oaks, CA: Sage Publications.
Indina, T. A. & Morosanova, V. I., 2009. Personality and Self-Regulation as Determinants of
Rational Decision Making in A political Situation. Psychology in Russia: State of the art,
Volume 2, p. 15.
Lind, D. A. M. W. G. &. W. S. A., 2008. Statistical Techniques in Business &. Boston.:
McGraw-Hill Irwin.
Pavlova, E. M. & Kornilova, T. V., 2013. Creativity and Tolerance for Uncertainty Predict
the Engagement of Emotional Intelligence in Personal Decision Making. Psychology in
Russia: State of the art, Volume 6, p. 13.
Stuart A., O. K. A. S., 2009. Kendall’s Advanced Theory of Statistics: Volume 2A- Classical
Inference & the linear Model.. s.l.:s.n.
Appendices
Sept 20th decided to go for the first class
Sept 21st go to a friend’s house for dinner
Sept 22nd learn how to cook bistek
Sept 23rd washed the car
Sept 24th went for work which is a 12hr day shift
Sept 25th also went for work and volunteered to help a co-worker
Sept 26th done research for the assignment for business decision class
Sept 27th decided to skip class to go for work
Sept 28th Work
Sept 29th A BBQ at my place with some friends
Sept 30th after recovery from party, started research on assignment on business environment
Oct 1st research and started on business environment assignment
Oct 2nd helped out a friend at his house with furniture assembly
Oct 3rd learned how to cook chicken afritada
Oct 4th went for class
Oct 5th Research and started on both business environment and business decision analytics
Oct 6th went for work
Oct 7th went for work
Oct 8th learned how to cook Filipino style chicken curry
Oct 9th Work
Oct 10th Assignments
Oct 11th Assignments
Rational Decision Making in A political Situation. Psychology in Russia: State of the art,
Volume 2, p. 15.
Lind, D. A. M. W. G. &. W. S. A., 2008. Statistical Techniques in Business &. Boston.:
McGraw-Hill Irwin.
Pavlova, E. M. & Kornilova, T. V., 2013. Creativity and Tolerance for Uncertainty Predict
the Engagement of Emotional Intelligence in Personal Decision Making. Psychology in
Russia: State of the art, Volume 6, p. 13.
Stuart A., O. K. A. S., 2009. Kendall’s Advanced Theory of Statistics: Volume 2A- Classical
Inference & the linear Model.. s.l.:s.n.
Appendices
Sept 20th decided to go for the first class
Sept 21st go to a friend’s house for dinner
Sept 22nd learn how to cook bistek
Sept 23rd washed the car
Sept 24th went for work which is a 12hr day shift
Sept 25th also went for work and volunteered to help a co-worker
Sept 26th done research for the assignment for business decision class
Sept 27th decided to skip class to go for work
Sept 28th Work
Sept 29th A BBQ at my place with some friends
Sept 30th after recovery from party, started research on assignment on business environment
Oct 1st research and started on business environment assignment
Oct 2nd helped out a friend at his house with furniture assembly
Oct 3rd learned how to cook chicken afritada
Oct 4th went for class
Oct 5th Research and started on both business environment and business decision analytics
Oct 6th went for work
Oct 7th went for work
Oct 8th learned how to cook Filipino style chicken curry
Oct 9th Work
Oct 10th Assignments
Oct 11th Assignments
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Table 1: Decision Diary
Fig. 1: Decision Preference based on Intuition
Fig. 2: Decision Preference based on Logic
Fig. 1: Decision Preference based on Intuition
Fig. 2: Decision Preference based on Logic
Fig. 3: Decision Preference based on balance
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