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1.1 Describe the link between strategic decision-making and business goals.

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Course: Level 5 Diploma in Management and Leadership Unit: Strategic Decision Making Learner’s Name: Assessor’s Name: Submission Date:

 

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Task 1: Business report

A large business firm has employed you as a Senior Business Analyst. Your company has recently undergone changes in their information system to meet business objectives and goals. As a result of these changes, you have been made responsible for researching & collecting the information that helps to conduct a training workshop for all the managerial staff.

You are required to include the following information in your business report.

Learning outcome 1: Understand the role of information in strategic decision making

1.1 Describe the link between strategic decision-making and business goals.

1.2 Evaluate the role of information in strategic decision-making.

1.3 Evaluate the requirement for integrated information systems to support strategic decision-making.

1.4 Describe the need to align information systems with business strategy.

1.5 Assess the need for a corporate information systems strategy.

Learning outcome 2: Understand how information systems support business activity

2.1 Evaluate the contribution of information systems to business planning.

2.2 Assess the value of information systems to business decision-making.

2.3 Assess the role of information systems in supporting business operations.

Learning outcome 3: Understand quantitative approaches to strategic decision making

3.1 Analyse ways in which quantitative approaches are used to support strategic decision-making.

3.2 Evaluate the reliability of quantitative techniques used in strategic decision-making.

3.3 Evaluate the limitations of quantitative techniques in strategic decision-making.

Learning outcome 4: Understand systems approaches to strategic decision-making

4.1 Evaluate the contribution of systems approaches to strategic decision-making.

4.2 Describe how decision-making theories can inform strategic decision-making.

4.3 Analyse the limitations of decision-making theories in strategic decision-making.

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Learning Outcomes – The learner will:	Assessment Criteria – The learner can:
1 Understand the role of information in strategic decision-making	1.1 Describe the link between strategic decision-making and business goals.
	1.2 Evaluate the role of information in strategic decision-making.
	1.3 Evaluate the requirement for integrated information systems to support strategic decision-making.
	1.4 Describe the need to align information systems with business strategy.
	1.5 Assess the need for a corporate information systems strategy.
2 Understand how information systems support business activity	2.1 Evaluate the contribution of information systems to business planning.
	2.2 Assess the value of information systems to business decision-making.
	2.3 Assess the role of information systems in supporting business operations.
3 Understand quantitative approaches to strategic decision-making	3.1 Analyse ways in which quantitative approaches are used to support strategic decision-making.
	3.2 Evaluate the reliability of quantitative techniques used in strategic decision-making.
	3.3 Evaluate the limitations of quantitative techniques in strategic decision-making.
4 Understand systems approaches to strategic decision-making	4.1 Evaluate the contribution of systems approaches to strategic decision-making.
	4.2 Describe how decision-making theories can inform strategic decision-making.
	4.3 Analyse the limitations of decision-making theories in strategic decision-making.

Example Answer - Do Not Copy

1.1 Describe the link between strategic decision-making and business goals.

In the context of your company`s recent changes to its information system, the link between strategic decision-making and business goals becomes even more critical. Strategic decision-making involves high-level choices that determine the future direction of the company, including how the new information system is implemented to achieve business objectives.

By updating the information system, the company is making a strategic decision aimed at improving efficiency, streamlining processes, and ensuring that the technology supports overall business goals, such as increasing profitability, enhancing customer service, or improving data management. This decision directly influences the company’s ability to meet its long-term objectives, as the new system will provide the necessary tools and infrastructure to support informed decision-making and operational improvements.

In this case, the alignment of the information system upgrade with the company`s strategic goals ensures that resources are allocated effectively, and that the technological changes contribute to meeting business objectives. Without this alignment, there is a risk that the changes may not deliver the intended value, leading to inefficiencies or misaligned priorities.