Provide an Example of a Way That Statistics Can Be Used to Help Make a Decision in an Organization.

Contents >> How good statistics tin can heighten the decision making process

HOW Skilful STATISTICS Tin can Raise THE DECISION MAKING PROCESS

Statistics are a vital source of prove as they provide us with clear, objective, numerical data on important aspects of Australian life including the growth and characteristics of our population, economic functioning, levels of wellness and wellbeing and the condition of our surrounding surroundings.

The Australian Bureau of Statistics (ABS) plays an important function in this process by providing data 'to aid and encourage informed conclusion making, research and give-and-take within governments and the community, past leading a high quality, objective and responsive national statistical service' (ABS Mission Statement). When we are able to understand and interpret this data correctly, our ability to identify primal areas which require modify are enhanced, and our proposals for alter are likely to respond to the 'existent' needs of the Australian community. Statistics can also aid the decision making procedure past enabling us to establish numerical benchmarks and monitor and evaluate the progress of our policy or plan. This is essential in ensuring that policies are meeting initial aims and identifying any areas which crave improvement.

Statistics can be used to inform decision making throughout the unlike stages of the policy-making process. The post-obit framework has been adapted from different approaches to the policy making cycle, outlined in Disability Services, Queensland, 2008; Edwards, 2004; Othman, 2005. The framework highlights the importance of using statistical information at each of the stages of the policy cycle.

Stage 1

Identify and understand the issue

The kickoff phase involves identifying and understanding the issue at hand. Statistics tin assist policy makers to identify existing economic, social or ecology issues that need addressing. For example, statistical assay could place bug concerning the aging of the population or the implications of rising inflation. They are also vital for developing a improve agreement of the issue by analysing trends over time, or patterns in the data.

Stage ii

Set the agenda

Statistics provide a valuable source of evidence to support the initiation of new policy or the alteration of an existing policy or program. Once an issue has been identified, it is then necessary to analyse the extent of the issue, and decide what urgency there is for the issue to exist addressed. Statistics tin can highlight the relevance and severity of the issue in numerical terms, and thus demonstrate the importance of developing policy or programs to address the result as quickly as possible.

STAGE iii

Formulate policy

Once an outcome has been identified and recognised as an important policy issue, it is then necessary to determine the best way to respond. This stage requires careful and rigorous statistical analysis and thorough consultation with fundamental stakeholders to plant a clear understanding of the truthful extent of the problem. This will aid to determine the nearly appropriate policy or program options to address the event, and the best strategy for implementing these. During this stage, clearly divers aims and goals should be adult with quantifiable indicators for measuring success. Benchmarks should also be established to ensure that progress is measurable following the implementation of the policy/program.

STAGE 4

Monitor and evaluate policy

The policy procedure does not terminate once the policy/plan is up and running. It is essential that the progress of a policy/program is regularly monitored and evaluated to ensure information technology is effective. An evaluation of the success of the policy/ programme in quantifiable terms tin can be measured against benchmarks which were established at an earlier stage to accurately measure progress. This enables an cess to be made as to whether the policy is meeting initial aims and objectives, every bit well as providing insight and identification of areas that require improvement. The process should then be repeated, past beginning the cycle again.

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Source: https://www.abs.gov.au/ausstats/abs@.nsf/lookup/1500.0chapter42010