Role of Graphs in the HR Simulation

Arguably, the largest improvement that our HR simulation group has made is the way in which we approach graphing. The first two quarters of the first simulated year consisted of a lot of in-group decision making. We considered the incident report and other programs and, after recording these on all of the required forms, we graphed our results. Therefore, any graphs that we produced acted as a means for displaying our decisions and the results from previous quarters. However, after two quarters of confusing results and a meeting with Professor Piderit we deviated greatly from our past practice.
Starting with the decisions required for quarter three, our team approached graphing as one of the first steps in our quarterly process. We first graphed all changes that occurred from quarter one to quarter two. Although some aspects of the results were to be expected, such as the relationship between morale and other, non production related, variables. However, we were extremely surprised by how our efforts to decrease absenteeism by investing in certain programs were not showing positive returns.
Therefore, based on the information that we had already gathered from two quarters of decisions and results, we were able to focus our efforts on certain aspects of our company. Although based on two quarters of results we were not able to decipher any complex correlations between the variables, several simple patters were becoming obvious. Then, when deciding on which programs we would invest in for quarter four, we utilized the same procedure. However, now having results from three quarters made our trend analyses even more accurate and allowed us to further focus on our goals.
Thus, shifting our approach to graphs from a simple illustration of our results to viewing graphs as a key tool for decision making has been a tremendous aid in strengthening our company. Each quarter has proven to be an even greater time of growth than the previous as more accurate data becomes available. Therefore, my suggestion to all groups who have yet to utilize graphs as a tool is that you should surely begin to do so with quarter five.

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Comments

Wow. I had just written about graphs in a recent entry as well; it was not surprising, considering our length discussion this afternoon. I just hope this computer program does not throw any curve balls to screw with us next "year". At least for now, we are on the right track, with our data supporting the decisions we have been making. :)

Graphs have been key to my team’s decision making as well. Another interesting analysis your team should check out is correlating the average changes in budgets that your team makes from quarter to quarter, with the changes in the various indexes from quarter to quarter. You can use these values to find relationships between how much money you spent on average and the increases it correlates to various indexes. We used this method especially for our annual report. For instance, you put the average change in quality index over average money spent on increasing your quality budget and compare that with the industry averages to see how much money you spent for an increase in quality budget compared to the industry average; we found this a useful comparison because it basically tells us how efficient our money has been.

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