Reference no: EM133968967
Data Driven Strategic Decision Making
Assessment - Data Analysis - understand how to use different analysis
Academic Details
Overview of the Subject
Data is everywhere, and it is crucial to consider it when making all key decisions. The course MBA910: Data Driven Strategic Decision Making explores and applies strategic theories and principles to real-world scenarios using data. The course focuses on various frameworks, models, and biases in decision-making. In addition, the course emphasizes understanding, analysing, and presenting data through hands-on sessions. It adopts a mixed pedagogy that includes theory, case studies, project, and data analysis. By the end of the course, students will have developed a toolbox they can apply in their professional environments to make informed strategic decisions.
Graduate Attributes for Postgraduate Courses
Graduates of Postgraduate courses from King's Own Institute will achieve the graduate attributes expected from successful completion of a Master's degree under the Australian Qualifications Framework (2nd edition, January 2013). Graduates at this level will be able to apply an advanced body of knowledge from their major area of study in a range of contexts for professional practice or scholarship and as a pathway for further learning.
Learning Outcomes
a) Interpret the importance of the fundamentals, frameworks and models of strategic decision making in organisation development and change
b) Assess methods for adopting and using data to drive the decision-making process in strategic management
c) Formulate strategic principles and theories in collecting, analysing and ensuring appropriate use of data to increase efficiency, effectiveness, and organisational performance
d) Evaluate internal and external constraints and opportunities on the decision-making process
A supplementary assessment may be offered to students to provide a final opportunity to demonstrate successful achievement of the learning outcomes of a subject. Supplementary assessments are only offered at the discretion of the Board of Examiners. In considering whether or not to offer a supplementary assessment, KOI will take into account your performance on all the major assessment items in the subject, your attendance, participation and your history of any previous special considerations.
If you are offered a supplementary assessment, you will be advised by email to your KOI student email address of the time and due date for the supplementary assessment - supplementary exams will normally be held at the same time as deferred final exams during week 1 or week 2 of the next trimester.
You must pass the supplementary assessment to pass the subject. The maximum grade you can achieve in a subject based on a supplementary assessment is a PASS grade.
If you:
are offered a supplementary assessment, but fail it;
are offered a supplementary exam, but do not attend; or
are offered a supplementary assessment but do not submit by the due date; you will receive a FAIL grade for the subject.
Students are also eligible for a supplementary assessment for their final subject in a course where they fail the subject but have successfully completed all other subjects in the course. You must have completed all major assessment tasks for the subject and obtained a passing mark on at least one of the major assessment tasks to be eligible for a supplementary assessment.
Teaching Methods/Strategies
Briefly described below are the teaching methods/strategies used in this subject:
Student Assessment
Provided below is a schedule of formal assessment tasks and major examinations for the subject.
ASSESSMENT 4
Purpose: The purpose of this assessment is to teach students how to understand data patterns and present conclusive results during business meetings. Students will need to clean the data and create a dashboard in Power BI, which will help them feel more comfortable with data cleaning and interpretation.
Topic: Data Visualisation for strategic decision making
Task Details: Students are required to build a dashboard in Power BI using the provided sample data. First, they should display basic descriptive statistics to demonstrate their understanding of the data. Next, they must create an interactive dashboard featuring various graphs, charts, and filters for data exploration and presentation. Students should share their complete dashboard with me. Additionally, they need to submit a 500-word report explaining their chosen visualisations, how these visualisations help in interpreting the data, and their relevance to managers for making strategic decisions. Get dependable, budget-friendly assignment help-starting today!