Research2 Task 1 Question 1 a. Robotic process automation (RPA) Most of the current large organizations have automated most of their operations but still, the human aspect is still needed to operate the machines in terms of the data entered, processed and generated. However, information management still seems to be influenced by the human element. RPA comprises the enactment of software robots to completely automate the computerised tasks that still have human assistance. The RPA will be responsible for the management of all information processes in an organization such as receiving of data, processing, secure storage and output. Artificial intelligence (AI) will also be significant in information management. AI systems can run through multiple information to ascertain the patterns and clusters in the data. This will also provide new ways to search, find and manage information b. Correlation calculations are used in decision making to identify relationships among different variables such as between employee job satisfaction and performance (Filzmoser and Hron, 2009). Thus, the use of correlation in business decision making helps to avoid uncertainty, and ambiguity by making informed decision making. Probability assessment is also important in decision making. Probability enables the management to analyse the possibility of future events that are likely to affect the business and helps to decide on whether to undertake a business venture or not depending on the amount of risk (Anderson et al., 2016).
Research3 Linear programming is used for the economic distribution of limited resources such as time, space, etc. to multiple ventures that are competing. This technique is aimed at generating optimal returns using the minimum possible input (Dantzig, 2010). Queuing theory is applicable when the management is required to balance the cost of increased capacity against the profits of increased productivity and service. For example in the banking sector when customers are queuing, the management has to decide whether to increase more cash desks or let few people in etc. (Ferreira et al., 2012). c. System approach Management information system (MIS) involves the entire system and its performance is determined with the reasons for its designed. It is a systematic mechanism to understand the entire system in addition to its subsystems. Management-oriented The system should be made with the objectives of the organization in focus, thus the top- down approach should be followed when designing MIS. This would ensure that the management needs form the basis for making the MIS (Laudon and Laudon, 2016). d. A risk management plan can be utilised to ascertain the most appropriate action by first being committed to the plan and assign individuals responsible for the plan. The assigned people should be given the authority and resources to execute the plan, then collect and share information. These individual include a risk manager who reports to the project manager. The risk manager and the team should first determine what is to be done, availability of resources,
Research4 specific team members responsible for each activity, timeline and then choose the best course of action based on these factors. Case Study Task 2 b. Registration of the four fitness centres – organization credibility All fitness centres in Australia are with the requirement to adhere to the business principles and guidance as outlined by fitness Australia. The first principle states that all fitness centres must deliver health and exercise service with due care and skill. This requires that necessary personnel have the appropriate professional credential and experience. Moreover, organizations are required to exhibit devotion to staff training and continued education. Bounce fitness faces the problem of unqualified trainers. Two of the current trainers in Sydney and two in Brisbane not qualified in addition to one in Melbourne. All these need the training to meet the code of conduct for the different states. The registration of the four centres in accordance to the code of conduct of Fitness Australia is important because it will help the organization to focus on the needs of the clients instead of just complying with a defined set of rules. It will also act as a basis for quality assurance business practice. As a result, the organizational credibility among customers will improve. Thus, Bounce fitness will have to educate its trainers by catering for all the expenses incurred for the same Despite the significance of adhering to the code of conduct and having the organization registered, there is the issue of Resistance from the experienced trainers in obtaining further education. The five trainers, who are permanently employed, are unwilling to undergo further
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Research5 education because they argue that they have sufficient qualification obtained through experience, which is more important than just academic qualification. Lack of standardisation due to unqualified trainees is likely to cause dissatisfaction among its clients in all four centres. c. I will provide the CEO and the Board of directors with information on the significance of being registered such as winning the confidence of clients and increasing competitiveness. Any cost implications such as training of the current unqualified employees will as well be provided. Hindrance to registration will as be identified and the available options weighed in terms of feasibility. d. The information on the Fitness Australia website is reliable because it is evidence-based research. For instance, the website icon “research and publications” provides the findings of multiple types of research upon which they base their services (Fitness Australia, n.d., a). This increases the reliability of the information because it is scientifically proven. e. Moreover, the articles published on the website have been sponsored by recognised research bodies. For instance, the Australian Combat Exercise sponsored an article titled “ensure client safety using technical lifting”. f. Anecdotal information will be gained by carrying out a casual interview with the clients and employees at the respective centres. The interviews will be aimed at obtaining their opinions with regard to the services offered at the centres and other applicable topics.
Research6 Task 3 a. The objectives of analysing the information on the registration of Bounce Fitness and fitness Australia 1)To ascertain the current fitness trend in Australia 2)To find out the importance of registering the four centres 3)To determine the significance of the fitness centres in adhering to the code of conduct of the respective states b. The Australian Fitness industry has experienced different emerging trends: •The number of Australians participating in fitness activities Fitness or gym activities are the second leading sport and recreation activities that Australians are engaged in. the participation rates in fitness/gym activities have experienced an increase over the last ten years among the Australians. The growth has however maintained over the last few years. According to the survey conducted by the Australian Bureau of Statistics (ABS, 2012) on the Australian’s involvement in physical recreation and sport, the women (18.9% or 1.875 million) are much more involved (state wise) in the fitness programs than men (15.9% or 1.448 million). The ACT and South Australia had a higher participation gap between sexes, with the least being recorded in Queensland and South Wales. 15-17-year-olds were the least participants in fitness/gym activities. This can be attributed to the nature of the age group such as being students, low disposable income and still living with parents or guardians. Australians aged between 18-34 years were the highest users of
Research7 gym/fitness activities, and this trend can be attributed to fact that most of the individuals in the age bracket are employees and not too old. Individuals aged 55 years and above were the least participants in fitness activities especially those aged 65 years and above. Overall, the increasing trend in the participation in fitness/gym activities among the Australians is due to the increase in unhealthy populations and the increase in awareness of preventive health. This has led to an increase in the number of fitness centres, trainers and the subsequent demand for the same (Fitness Australia, n.d., b). •The shifting trend in the nature of the Australian fitness industry In less than ten years, there has been an influx in the fit and attractive young individuals promoting their individual exercise and diet programs expressly to potential clients through the social platforms. In 2015, Fitness Australia conducted a survey on over 50% registered fitness experts. The study found out that the fitness professionals perceived that fitness personalities based on social media were temporal and would not stand the test of time. But still such personalities had a high number of followers; an aspect which the participants attributed to lack of entry barriers into the Australian fitness industry and low costs incurred. Therefore, it implies that the fitness industry in Australia is mixed and is to some extent relies on the manner in which fitness experts in the current market operate. All fitness experts being it a sole proprietorship or corporate consent that lack of qualifications of most of the fitness instructors over social media is a primary source of damage to the fitness industry in Australia. This is because most of the potential clientele obtain fitness guidelines through social media and end up following them without seeing a trainer or coming to the gym.
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Research8 The fitness business in Australia has also been on the increase. According to the 2012 report on the Australian Fitness Industry, there has been a 50% increase in the number of registered fitness businesses. The business review Australia found out that approximately 2, 856 fitness centres were in operation in Australia and that the trend was still expected to rise (Fitness Australia, 2012). •The higher standards for qualification of the fitness trainers due to revised policies and procedures Due to the increasing demand and participation in fitness programs and the subsequent influx of trainers, the different states in Australia have developed and revised the codes of practice. There has been a specific focus on the quality of service offered by fitness centres and the care given to the clients. For instance, the emphasis on the accreditation of fitness centres by Fitness Australia has led most of the fitness centres to adhere to the ten business principles and guidance as a way of increasing their credibility and gaining competitive advantage. c. The way of participation in fitness/gym –state wise 2012 Fitness/GymQLD (%) NSW (%) VIC (%) Organised only2328.927.7 Non-organised only70.16463.1 Both organised and non organised 57.18.1 Total98.110098.9
Research9 Participation in fitness activities by age and sex 2011-12 Fitness/GymQLD (%) NSW (%) VIC (%) 15-1711.110.45.7 18-243127.529 25-3421.522.924.7 35-4417.120.616.8 45-5413.916.616.6 55-6412.99.414.2 over 658.56.110 Females181720.5 Males15.316.114.7 d. what if analysis Fitness/GymQLD (%) NSW (%) VIC (%) Organised only6328.927.7 Non-organised only30.16463.1 Both organised and non organised 57.18.1 Totals98.110098.9 If the number of organised fitness centres increases by 40%, there will be a corresponding decrease in the number of clients in the non-organised centres. This is because the higher the
Research10 number of organised fitness centres, the more people are attracted to it especially from those initially linked to the non-organised fitness centres. This is because the centres are scrambling for relatively the same market. Similar changes will occur to all other fitness/gym centres if changes occur in either of them. e. I have conducted the analysis in a logical way by using regulation analysis as the statistical approach. Moreover, the data used in the analysis is evidence-based. The use of a statistical analysis method and evidence-based data is my assurance of having followed a logical approach in the evaluation. f. I would make changes to the current information collection system by first adjusting the process of obtaining information. I will start by setting a collection policy through proper formulation based on the mission and objectives of the collection system. The collection policy will not merely address fundamental problems experienced during data collection but will provide overall guidelines and inspection in the operations. This will require the consideration of a number of factors such as administrative levels, service objectives, intelligence environment and cost implications. Secondly, I will formulate a data collection plan which is part of the collection policy but is limited to defining specific goals for data collectors. Lastly, I would to improve the efficiency of the consumer information feedback system in order to make it easy to collect data on customer view and analyse them. Customer information feedback is significant as it fosters changes and regulation of the collected information and the process of transmission. Moreover, effective consumer information
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Research11 feedback is important as it reduces the cost incurred in data collection in the field. It is also likely to increase customer satisfaction when their issues are addressed promptly. I will also make improvements to the information systems security and control. The collected data needs to be secured and only used for the intention revealed to the respondents. With the increasing global internet use and its infusion into business management, there is a need for information system security. This can be done by identifying threats such as human error, hardware and software failures etc. then controls are established using relevant application controls and then continued operational audits are put in place to identify any risk of breach. Task 4 a. I have sufficient information that warrants valid, credible and reliable recommendations to the board of directors and the CEO. This is because all the information I have collected is relevant to the current issues faced by Bounce Fitness as indicated in the case study. For instance, the management of Bouncing Fitness is faced with the critical decision of accreditation by Fitness Australia. The data collected is all about the current trends in the fitness industry in the respective states where the fitness centres are located. Additionally, the information is about the current trends in the fitness industry in Australia including the significance of accreditation. The report outlines the reasons for the changes in the fitness industry in Australia. The collected information is valid and reliable because it is derived from sources that are evidence-based. For instance, data on the current trend of the Australian fitness industry has been based on surveys conducted by the Australian Bureau of Statistics (ABS, 2012). Furthermore, the collected data has been backed up by different sources. For example, the
Research12 research on fitness business in Australia has been borrowed from the ABS, Australian Fitness Industry report, Business Review Australia and from IBIS world report. All these data sources are authenticated and the cross-reference increases its validity and reliability. Recommendations Based on the data obtained from the Fitness Australia and Bounce fitness websites, the following recommendations are hereby made to the CEO and Board of Directors. Accreditation The executive management of Bounce fitness should go ahead and register all the fitness centres after complying with the respective code of practice of each state. This is because of the changing times of the Australian fitness industry. Different states have revised policies and procedures on the regulation of fitness centres including advising Australians to only associate with centres that have been accredited by Fitness Australia. For instance, in 2017 the NSW Department of Fair Trading advised its citizens to only sign up with fitness centres affiliated with fitness Australia. This was prompted by the number of complaints reported to the department about the quality of services offered at training centres (Fitness Australia, 2018). The data on the participation of fitness activities has shown that most Australians across the three states attend to non-organised fitness centres. This implies that with the introduction of the strict requirement of accreditation will increase the demand for registered centres. Thus, all the trainers need to advance their education to meet the state qualifications. Improvement of the current information system The information system should be upgraded so that it captures customer feedback and gives prompt feedback. This is important because the collected data can be used to monitor the
Research13 current consumer trend in the fitness industry and even to plan for uncertainty. Such information will be critical in decision making and in risk planning and management. c. Risk management plan I have put in place the risk management plans to ensure that acceptable sources of activities are undertaken. These include identification of possible threats and risks, assessment of the level of each risk, evaluation and treatment of potential risks, risk action plan and reviews. The identification of possible threats and risk to the business can be physical, legal, financial, moral/ethical, information technology, human resource, and social media. For instance, Bounce Fitness faces the risk of human resource whereby the three centres have trainers that are not qualified and are unwilling to undergo any sponsored training. This is a possible threat because the organization risks being unaccredited and yet the employees are permanently employed. Thus, this stage identified the source of the risk, what is at risk and the possible impact. Risk identification can be done by designing audit tools and templates. The next level is to evaluate the level of each risk identified. A risk severity matrix can be used to help include factors like the frequency and severity of the impact. Parameters such as likelihood can be used for measurement with scores ranging from 1 to 5. The consequences can also be measured on a scale of 1 to 5 i.e. moderate to extreme. The evaluation and treatment of potential and unacceptable risks. Based on the findings of the evaluation, the risk management team should settle on the most appropriate course of action after data analysis. The options include avoiding the risk, reducing the risk, transferring the risk or retaining it. The final stage is to develop a risk action plan for the risks that have been considered as high, extreme or unacceptable.
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Research14 c. The regulation analysis was used to help in decision making. This approach involves the systematic evaluation of proposed regulations. This is achieved through six major steps; the first includes defining the issue, the causes and consequences, second, is to define the objectives of the changes in regulation, and third is to ascertain the possible options for resolving the issues. The fourth and fifth steps are to evaluate the existing options and compare them respectively. The final step is implementation and monitoring. The issue under consideration was the registration of the four Bouncing fitness centres by meeting the code of practice for each state. The specific focus was on the offering further education training to the current trainers that are permanently employed at the three fitness centres. The consequences and possible options have been analysed and recommendations for decision making made. d. The risk manager is the main person to consult on the most appropriate information to use. This is because the risk manager will provide the possible threats or benefits that are associated with the implementation of specific information. e. I have taken multiple measures to ensure that information use is within the authority of the decision maker. This includes providing relevant actionable information, guidelines on the extent of information use and the existing policies and procedures that pertain to information use. I have also developed a consent form which the decision makers will sign as a way of committing themselves to follow the policies and procedures on information use. f.
Research15 Bounce fitness is committed to building trust with its client, empowering the employees, and leading the Australian fitness industry by providing quality services. The recommendations in this report include accreditation and the improvement of the current information system to facilitate information flow between the centres and the customers. These recommendations are in line with the mission of the organization because they are geared towards achieving their objectives which can be summarised into credibility and competitive advantage.
Research16 References Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., 2016.Statistics for business & economics. Nelson Education AustralianBureau of Statistics (ABS), 2012.4177.0 - Participation in sport and physical recreation, 2011-2012,Commonwealth of Australia, Canberra. [online]. Available from: http://www.abs.gov.au/ausstats/abs@.nsf/products/4177.0~2011- 12~main+features~characteristics+of+participation?opendocument[Accessed on 01 February 2019]. Dantzig, G.B., 2010. Linear programming under uncertainty. InStochastic programming(pp. 1-11). Springer, New York, NY. Ferreira, M.A.M., Andrade, M., Filipe, J.A. and Coelho, M.P., 2012. Statistical queuing theory with some applications.International Journal of Latest Trends in Finance and Economic Sciences,1(4). Filzmoser, P. and Hron, K., 2009. Correlation analysis for compositional data.Mathematical Geosciences,41(8), p.905. Fitness Australia, 2012.Australian Fitness Industry Report 2012.[online]. Available from: Fitness Australia, 2018.NSW Department of Fair Trading advises people to only sign up to gyms affiliated with Fitness Australia.[online]. Available from: https://fitness.org.au/articles/business/nsw-department-of-fair-trading-advises-people-to-only- sign-up-to-gyms-affiliated-with-fitness-australia/3/1426/184[Accessed on 01 February 2019]. Fitness Australia, n.d., a. Research and Publication. [online]. Available from: https://fitness.org.au/research-and-publications/19[Accessed on 01 February 2019].
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Research17 Fitness Australia, n.d., b.Profile of the Fitness Industry in Australia. Trends in Fitness. [online]. Available from:file:///C:/Users/Admin/Downloads/Documents/FAUS843-Industry- Report-2016-Section-4-Digital.pdf[Accessed on 01 February 2019]. https://fitness.org.au/articles/research-publications/australian-fitness-industry-report- 2012/1/47[Accessed on 01 February 2019]. Laudon, K.C. and Laudon, J.P., 2016.Management information system. Pearson Education India.