Quantitative and qualitative data analysis

 

 

Competency
In this project, you will demonstrate your mastery of the following competency:

Analyze quantitative and qualitative data to solve problems and make decisions that impact organizations and their stakeholders
Scenario
You have been asked to present your data findings and decision-making modeling to the leadership panel for feedback prior to the stakeholder meeting presentation. The panel wants to preview the charts and graphs that will be included in your presentation based on the research you have conducted. They would like to see how you will use the data to inform your recommendation, and how you will tell the story of that data.

Directions
Part 1: Using the research gathered in Project One, provide a visualization for each of the following, then summarize what the data is showing:

The current state of the U.S. automotive manufacturing industry
Sales by fuel type (electric, hybrid, gas)
Current automotive industry trends
The trend toward different types of motors for the vehicles being made and sold, such as electric and hybrid
Trends in customer demands such as vehicle color, extra features, and styles
Trends in the body types of vehicles sold (SUVs, trucks, sedans)
Trends in the new industry
Expected growth areas
Sales by type of products or services offered
Trends in customer demands
Then, provide a summary of all of the data visualized.

Summarize the collective data about both industries as a whole.
Determine what the data is not telling you about the new industry.
Part 2: Analyze three decision making models and select the one model that is best suited for making your decision.

Analyze and provide an overview of the following three models and select one for use. Resources are listed in the Supporting Materials section.
The Rational Model
The Intuitive Model
The Recognition-Primed Model
Explain your choice of decision-making model.
Why does your selection make the most sense for this project?
What to Submit
To complete this project, you must submit a PowerPoint presentation of 12 to 15 slides with speaker notes. Sources should be cited according to APA style.

Supporting Materials
The following resources support your work on the project:

Reading: Rational Decision Making: The 7-Step Process for Making Logical Decisions
Reading: Intuitive Decision Making
Reading: The Recognition-Primed Decision Model
Project Two Rubric
CriteriaExemplary (100%)Proficient (85%)Needs Improvement (55%)Not Evident (0%)ValueCurrent State of the U.S. Automotive IndustryExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerVisually shows the current state of the U.S. automotive manufacturing industryShows progress toward proficiency, but with errors or omissions; areas for improvement may include inaccurate visualization or inaccurate dataDoes not attempt criterion15Current Automotive Industry TrendsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerVisually shows the current automotive industry trendsShows progress toward proficiency, but with errors or omissions; areas for improvement may include inaccurate visualization or inaccurate dataDoes not attempt criterion15New Industry TrendsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerVisually shows the new industry trendsShows progress toward proficiency, but with errors or omissions; areas for improvement may include inaccurate visualization or inaccurate dataDoes not attempt criterion15Summary of the Data VisualizedExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerProvides a summary of all of the data visualizedShows progress toward proficiency, but with errors or omissions; areas for improvement may include missing key elements or inaccurately summarized visualizationsDoes not attempt criterion15Analyzes the Three ModelsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerAnalyzes the three models listed and selects one for useShows progress toward proficiency, but with errors or omissions; areas for improvement may include analysis that is incomplete or inaccurateDoes not attempt criterion10Selection of Decision Making ModelExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains selection of decision making modelShows progress toward proficiency, but with errors or omissions; areas for improvement may include explanation that is lacking in detail or cursory explanationsDoes not attempt criterion10Articulation of ResponseExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerClearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purposeShows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readabilitySubmission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas10Citations and AttributionsUses citations for ideas requiring attribution, with few or no minor errorsUses citations for ideas requiring attribution, with consistent minor errorsUses citations for ideas requiring attribution, with major errorsDoes not use citations for ideas requiring attribution10Total:100%

Sample Solution

Teamwork plays an essential role within both Fiedler’s Contingency Theory and Chelladurai’s Multi-dimensional model particularly regarding leader-member relations, if the group are familiar and trusting of the leader policy implementation becomes much simpler. Similarly to leadership, understanding and adapting to the situation is key to a leader being able to implement policies that ensure a group work as a team. Teamwork is a product of good leadership, and is again the responsibility of the leader to ensure the group are working successfully together. Highly functioning teams are essential within organisations to increase productivity and member satisfaction, by utilising the talents of all group members effectively within the constraints of the task, personal relationships and the group goals (Pettinger, 2007). Figure 2: Tuckman’s Model of Group Development (Agile Scrum Guide, 2019) Tuckman in his Model of Group Development provides easily identifiable stages that a groups performance can be measured against, making it useful for monitoring performance, Figure 2 shows Tuckman’s model. Ranking group performance against this scale can provide leaders with a clear understanding of how the group are functioning, allowing them to implement policies to change this if performance is unsatisfactory (Pettinger, 2007). Within organisations, the theory can be loosely applied to creating teams by grouping familiar individuals with the aim that they will reach the norming and performing stage of the model quicker. For short and simple tasks this is an extremely effective way of organising groups, due to the increased short term productivity. However there are significant issues with grouping individuals in this manner, particularly when tasks become more complex, and ultimately the model should mainly be used for monitoring the progress of groups (Pettinger, 2007). Figure 3: Belbin’s Team Roles (PrePearl Training Development, 2019) A more functional approach of grouping individuals is to utilise Belbin’s Team Theory (Belbin, 2017). Belbin identifies 9 key roles that must be fulfilled within a group to ensure success, the role

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