Module will help you achieve following outcomes

Today’s business environment is ever-changing
with managers having to deal with large
amounts of data, often ambiguous and wicked
problems with an absence of precedent on
which to base their decision-making. Facing
demands for fast, e!ective decision making,
within tight time constraints and decisions
which are of good quality make the role of the
manager a complex and demanding one.
Research suggests that demands of this type
which require extreme levels of information
processing and fast, high quality decisions free
of errors and biases may well be beyond the
capacity of many managers.
This module strives to address some of the data
handling and information processing challenges
confronting todays managers. The module deals
with the errors, biases and shortcuts managers
typically apply in their interpreting of data,
processing of information and forming
judgments on their way to making decisions. In
addition, by providing some tools, means and
processes, we can perhaps help overcome
managers’ typically error prone, biased
approaches to information processing, decision
making.
This Module will help you
achieve the following
outcomes:
outcomes:
a) Compare, contrast and critically
evaluate sources of data as in”uences for
decision making in a range of business
contexts
b) Compare and critically evaluate
sources of data as in”uences for decision
making in a range of business contexts
c) Examine and evaluate decision-making
systems and techniques to engage group
decisions and analyse how these can
enhance sustainable outcomes Explain
change processes and intervention
This Module will cover:
Type and nature of biases confronting
managers in their individual and group
related roles as decision makers
A re”ection on biases in your decision
making and introduce steps to overcome
individual biases and errors in your
information processing and decision
making
The ethics of good decision making in
workplace settings.
Time Management
Student workload expectation is 20 hours for
Module One
3 hours Per week topic Facilitated study:
Attending class, responding to facilitator
feedback
7 hours Personal Study per week:
apprroxx.. 5 hourrss
7 hours Personal Study per week:
Assessment progression, reading and
viewing resources, self-directed and
collaborative online learning activities
Assessment Progression:
Assssessssmentt 2
Assessment 2 is due module 4 week 8
By week 7 of module 4 students should
have completed their second draft
Assssessssmentt 3
Familiarise yourself with the assessment
3 brief
Start roughing out workload and likely
time requirements
Ensure you consult your facilitator if you
have any questions about the assessment
expectations
Start reading forward in anticipation of
future work
Begin preliminary research and start
roughing out a draft
Class Expectation:
Participate in all scheduled Collaborate or
face-to-face classes.
This time is intended to be used by
students and their lecturer to work
through activities and engage in
discussion about the weekly content.
discussion about the weekly content.
These sessions provide a space for
students to raise questions and seek
guidance on writing their assessments
Students will review and explore more
deeply the information presented in the
learning material
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