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Assignment Task 1: Evaluate how information moves through the organisation and among various stakeholders using different channels.

AC 1.1  Propose enhancements to improve the information flow in their areas of responsibility based on an organisational assessment.

  1. Centralized Communication Platforms: Use tools such as Microsoft Teams to streamline communication and avoid delays.
  2. Clear Information Hierarchies: Let workflows and reporting structures to eliminate confusion and accelerate decision-making.
  3. Automation of Repetitive Tasks: Use Power Automate tools for automation of repeated processes, which include data entry and notifications, in order to save time and less errors.
  4. Training Employees: Hold training sessions that enhance the usage of tools while dealing with communications and maintain uniformity.
  5. Standardised Documentation: Use templates of reports and updates to remove confusion and for better clarity.
  6. Feedback Systems: Collect continuous feedback from teams to improve communication and correct problems.
  7. Data Integration Systems: Implement an ERP system to eliminate data silos and let information flow freely.

Assignment Task 2: Gather information from diverse sources that can aid management decision-making in the workplace.

AC 2.1  Analyze collected information from various sources to identify relevant data supporting decision-making.

 To identify relevant data supporting decisions:

  • Aim: Establish clear objectives and the criteria or standards for choosing them.
  • Collect and prepare data- collect internal and external sources with proper tabulation.
  • Clean and Validate- remove errors and acquire a standard for all formats to deliver accurate data.
  • Integrate data: ETL system can make use of numerous sources
  • Data Analysis: Descriptive, Diagnostic and Predictive techniques to get meaningful inferences
  • Establish relevance: Data pertinent should be determinate, accurate, and relevant to the aims.
  • Visualize and Report: Report your findings using visualization tools like Tableau or Power BI.
  • Verify: Validate with stakeholders whether your findings are accurate and complete.

AC 2.2  Utilize information analysis to make and justify management decisions within their areas of responsibility and for the organisation as a whole.

 To make and justify management decisions:

  • Objectives Definition: Define the objective to align decisions to organisational goals.
  • Data Analysis: Identify trends and insights with the help of statistics.
  • Creation and Development of Alternatives: Develop alternatives and analyze them on cost, impact, and feasibility.
  • Justification of Decision: Use data as a driving force to justify the course of action chosen, but backed up with evidence.
  • Implementation: Communicate the decision very clearly and outline an action plan 
  • Monitor and Evaluate: Monitor the results and modify decisions on response.

AC 2.3 Effectively communicate information with stakeholders to help achieve organisational goals and objectives.

  • Acknowledge the Needs of Stakeholders: Identify key stakeholders and align the communication with their needs.
  • Select Right Channels of Communication: Develop a communication plan using relevant channels of communication, like emails or meetings.
  • Communicate Clarity and Conciseness: Express key points clearly.
  • Timely Communication: Provide timely updates to enable decision-making.
  • Encourage Feedback: Ask for feedback and engage in dialogue to revise strategies.
  • Provide Transparency: Share the progress, challenges, and successes.
  • Use Data and Visuals: Enhance communication with relevant data and visuals.
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