Data-driven Decision Making | Study Guide, Laurea

Data-driven Decision Making (5 cr)

Code: HL00BQ82-3002

General information

Enrollment

23.05.2022 - 29.05.2022

Timing

01.08.2022 - 31.12.2022

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Laurea Leppävaara, service

Campus

Laurea Leppävaara

Teaching languages

English

Seats

20 - 40

Degree programmes

Degree Programme in Safety, Security and Risk Management (HRA), Laurea Leppävaara

Teachers

Jouni Takala

Teacher in charge

Jouni Takala

Groups

HRA221SA
Degree Programme in Safety, Security and Risk Management, blended learning, S21, Leppävaara

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Grading scale

H-5