BMM5612 - Decision Making (Four Year Programme)

Objectives:

On successful completion of the module, learners will be able to:
Demonstrate the ability to identify and make appropriate use of sources of knowledge and evidence in relation to decision making techniques and data collection.
Demonstrate an understanding of ethical principles and professional codes relevant to the collection and analysis of data and in context to the values and ethics of their organisation.
Analyse and synthesise the information and ideas relating to use of data to inform decision making and problem solving.
Demonstrate reflection upon the concepts and theories of decision making in relation to their work and professional context.
Make a selection of concepts and theories of decision making which they can relate to their work.
Select appropriate content, medium and style that is clear, concise and intended for a professional and /or academic communication. Evidence sources of information and demonstrate origins of ideas by referencing sources using a consistent style.
Analyse how they have been able to relate/apply concepts and theories of decision making to their work context.

Content:

The module aims to provide an applied understanding of decision making by focusing on behavioural and management science approaches. It utilises these two approaches to evaluate the reality of practical decision making. The role of intuitive versus analytical approaches to decision making will also be explored and how approaches to Decision Making can influence sustained development and innovation.

Behavioural aspect of decision making (rational / irrational / intuitive) will explore:
- Consideration of personal values, beliefs and attitudes and synthesis with the values and ethics of the learner's organisation.
- Approaches to organisational governance and decision making policies, including legal and ethical considerations.
- Critical thinking skills in relation to organisational governance.

Evidence-based and management science approaches will explore:
- Consideration of research methods and approaches to personal research and data collection.
- Quantitative and qualitative data analysis techniques.
- Problem solving approaches.
- Decision making techniques, including cost / benefit analysis; decision making trees, financial / economic evaluation and other.

On completion of the module learners will be able to:
- Critically evaluate decision making techniques, research and data collection methods.
- Data analysis, evidence/criterion based decision making
- Evaluate and apply problem solving techniques
- Describe and evaluate the values and ethics of your organisation
- Review the impact of the governance of your organisation in terms of the decision making process

Learning and Teaching Information:

Learning and teaching typically includes a range of methods such as lectures, seminars, workshops and tutorials, with emphasis on team experience and peer support, large and small group discussions, problem-solving activities and individual and paired working.

Learners may be expected to draw on a range of theoretical/academic, personal and work-based resources. Course documentation, support materials and web-based materials will be available on the VLE as appropriate. Implementation of study skills will be supported and in particular teamwork, and the capacity to develop written argument, will be developed. During the course of each session there will be opportunities for tutor/student interaction to meet individual needs and help develop skills, confidence, competence, knowledge and understanding relating to the aims and objectives of the module. Accessing library resources and help with coursework study skills will be available from services across the university.

Learners would be expected to prepare for the sessions by reading set texts and completion of tasks set in class or via the VLE and will be expected to take part in a wide range of learning activities.

Learners will maintain their Personal e-portfolio during this module and on-going self-evaluation will be part of the learners' identification of needs.

Lectures, seminars, learning activities, workshops and tutorials
Contact Hours: 40
Intended Group Size: 20

Flexibly delivered e-engagement e.g. VLE activities assessment support/e-support including tutorials
Contact Hours: 40
Intended Group Size: 1-6

Guided independent study
Hours: 120

Further details relating to assessment
Learners will be expected to provide an oral presentation supported by use of work artefact(s) and a critical commentary demonstrating their learning relevant to the subject content.

The assessment method is in keeping with the approved module descriptor in the Work Based Learning Framework. Due to the wide range of professional practice that learners will be drawn from the presentation and/or the artefacts presented will vary considerably and may include, for example:

- Decisions made for operational application and efficacy.
- Presentation of recommendations for decision by senior management based on data analysis.
- Application of techniques to consider options for the alleviation of problems at operational level.

This list is indicative and each individual learner will negotiate the specific approach to assessment content with both the University and their employer ensuring that organisational values, ethics and governance are considered.

Other relevant matters
Learners must demonstrate awareness of workplace application of learning and development of skills relating to marketing communications and develop evidence through their personalised e-portfolio to sufficiently demonstrate the skills and behaviours expected of a Chartered Manager.

Assessment:

001 Report; 4,000 word equiv.; end of semester 1 100%

Fact File

Module Coordinator - Professor Denis Kobzev
Level - 5
Credit Value - 20
Pre-Requisites - NONE
Semester(s) Offered - 5S1