Business Decision Analytics (MGT602): Decision Style Analysis Report

This report, submitted by a student, analyzes the individual's preferred decision-making style using a decision style instrument, identifying the balance style as the most suitable. The report details the process of calculating mean values for different decision styles, including intuition, balance, and consistent styles, and reflects on the decision-making diary entries to highlight areas for improvement. It also explores the student's own and shadow type personalities based on the sixteen personality tests and discusses self-development strategies to enhance decision-making abilities. The analysis includes references to relevant literature and provides recommendations for future decision-making approaches. The report concludes with a reflection on the balance decision style and the strategies to be used to improve the decision making ability.

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Business Decision Analytics
Student’s Name:
Student ID:

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Executive summary
The primary purpose of the paper is to evaluate my preference of decision making style by using
the decision style instrument. With the help of this instrument the mean values are calculated and
from this I have determined by preferable decision style. In addition, the reflection on decision
styles from diary help me to know my areas of improvement and working on these areas will
help to diminish my problem in future. Besides this, my own type and shadow type preferences
and also feedback on my preferable decision styles will also be discussed in this context.
Moreover, the self-development strategies are describe briefly and this help me to improve my
preferable decision making ability in future.

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Introduction
The decision-making process is a method that helps me to provide my feelings regarding any
situation. By decision style instrument I have selected my preferred decision style that will help
me in future to achieve my goals. Furthermore, my shadow type and own type domain and
strategies of self-development will also be discussed in this paper.
Decision preference test results
The decision style instrument helps me to realize my decision-making preferences, and from this,
I have gained that balance decision style preferable for me among all other styles. Balance
decision style provides opportunities for logical and higher contribution to the decision making
procedure (Betsch, 2014). I have selected my preferable decision-making style after learning all
the styles of decision making that includes logical and intuition styles along with the balance
styles. From all these styles I have gained that balance style of decision provides me a chance for
better commitment while applying any sorts of the decision. In addition, this style also helps me
to interact with the persons that affected by ultimate decisions. Besides this, with the help of this
balance decision style, I can choose the correct decision in a logical and balanced manner so that
no one will eventually hurt my the particular decision. I have seen that while finding a proper
solution for a serious issue, many other unwanted challenges are formed at the same time.
Therefore, in order to overcome such challenges as well as issues the balance decision-making
style is chosen as the best because it helps me to give a result on a balanced manager so that no
one will be offended by the decision.
From the three decision-making styles, I have calculated the mean value of the three styles and
comparing these values I will clear about my preferable decision style. After calculating the
values, I have seen that in intuition, balance and consistent style I have achieved a mean value of
24, 46 and 31 respectively. Therefore, from these values, I have cleared that balance style is my
preferable decision style and it helps me to achieve my career goals in the future too. Although I
have to improve my decision-making capabilities so that I can face every challenge relating to a
decision without any hesitation.

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Reflection on decision diary
From all decision style, I chose the balance decision style and accordance with that I prefer to act
on the decisions that look right rather than those feel right. I have preferred this because it does
not force me to follow any sort of logic while making the decision. This help to provide possible
consequences and portable results that should be suitable for the preferred decision (Mardani,
Jusoh & Zavadskas, 2015).
While making any sort of decision, I have eagerly trusted my gut feelings, and this helps me to
take the correct decision in a difficult situation. The gut feelings help to provide a decision on the
basis of logic to act instantly in any worse condition (Spreng, Karlawish & Marson, 2016).
I am always motivated and encouraged by my classmates and others for my preferable decision-
making approach. Balance decision style help to reason by considering some variable of the
situations, analyze and arrange them to get the correct procedure to reach the particular
conclusion (Alavi, Rezaei, Valaei & Wan Ismail, 2016).
In justifying my decisions, I mainly prefer to be objective so that I can avoid personal emotions,
interests, viewpoints of other peoples. According to the author Zsambok, (2014), to stick in the
decision, it is important not to calculate others emotional context because it sometimes forces a
person to change the particular decision.
According to my view, emotional responses sometimes make a person weak in accordance with
the decision, so I mainly do not respond to emotional context. Though in some situations I have
counted my emotional context to solve the issue because it is challenging to identify and manage
the emotional responses. Emotions decrease the limits of reasoning sense and help the person to
think logically (Juanchich, Dewberry, Sirota & Narendran, 2016). So I can say that emotion also
provides a positive impact on the decision style of an individual.
Decision styles feedback
From the sixteen personality tests I have gained an idea about my own type and shadow type
side. The test helps me to know that I have possessed a unique personality of strong views and
fighting spirit which help me to stick to my decision. Own type personality means the characters
that possess strong and decisive willpower of individual and utilize it for their purposes (Atadil,
Sirakaya-Turk & Decrop, 2017). In concerning to that I have gained that thinking, introversion,

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sensing and feeling are my own type personality that helps to take any decision on the basis of
my decision style preference.
On the other hand, shadow type personality is likely to be the measure that creates worsen
salutation for persons and blames them about their particular decisions (Bavol'ar & Orosova,
2015). In accordance with that, I have gained that intuition, perceiving and judging someone
without knowing the background is my shadow type personality. Therefore, I have to improve
my shadow type personality so that no difficulty will be faced by me while taking any decision.
Self-improvement strategies
With the help of the decision style instrument, I have chosen my preferred decision style, and
this decision style will help me in future for providing any sorts of the decision. I have noticed
that while taking quick action I have faced some sorts of problem and therefore I have to
improve myself in order to reduce the issue. Hence, to improve my decision style I have
participated in several feedback sessions, and this helps me a lot to improve my decision-making
ability.

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Conclusion
The paper reflected that balance decision style is my preferred style, but I have faced some
problem while using this particular style. Therefore, I have to improve myself in this style, and
for this reason, I have taken part in several feedback sessions where the mentors help me to
develop my decision-making ability.
Recommendations
It is recommended that before taking any decisions, I have interacted with the team or groups so
that I can easily take my preferred decision. It is also suggested that I have to be less impulsive
and take my decision more carefully so that no one will eventually hurt by the particular
decision.

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References
Alavi, S. A., Rezaei, S., Valaei, N., & Wan Ismail, W. K. (2016). Examining shopping mall
consumer decision-making styles, satisfaction, and purchase intention. The International
Review of Retail, Distribution and Consumer Research, 26(3), 272-303.
Atadil, H. A., Sirakaya-Turk, E., & Decrop, A. (2017). An Assessment of Decision-Making
Styles: An Abstract. In Marketing at the Confluence between Entertainment and
Analytics (pp. 817-818). Springer, Cham.
Bavol'ar, J., & Orosova, O. G. (2015). Decision-making styles and their associations with
decision-making competencies and mental health. Judgment and Decision making, 10(1),
115-123
Betsch, R. D. M. T. (2014). Preference theory: An affect-based approach to recurrent decision
making. The routines of decision making (pp. 69-96). Psychology Press.
Juanchich, M., Dewberry, C., Sirota, M., & Narendran, S. (2016). Cognitive reflection predicts
real‐life decision outcomes, but not over and above personality and decision‐making
styles. Journal of Behavioral Decision Making, 29(1), 52-59.
Mardani, A., Jusoh, A., & Zavadskas, E. K. (2015). Fuzzy multiple criteria decision-making
techniques and applications–Two decades review from 1994 to 2014. Expert systems
with Applications, 42(8), 4126-4148
Spreng, R. N., Karlawish, J., & Marson, D. C. (2016). Cognitive, social, and neural determinants
of diminished decision-making and financial exploitation risk in aging and dementia: A
review and new model. Journal of elder abuse & neglect, 28(4-5), 320-344.
Zsambok, C. E. (2014). Naturalistic decision making: where are we now?. In Naturalistic
decision making (pp. 23-36). Psychology Press.

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Appendices
Figure 1: Various procedures of Decsion making styles
(Source: Bavol'ar & Orosova, 2015)