Decision Quality in Practice

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  • Appropriate Frame

    • Is it a decision?
    • Whose decision is it?
    • Is there a higher level decision (Decision Hierarchy)?
    • What factors influence the decision (Influence Diagram)?

  • Clear Values & Trade-Offs

    • The decision criteria
    • The trade off value of different criteria
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  • Creative Doable Alternatives

    • Facilitate to generate creative, doable alternatives (Strategy Table)

  • Meaningful. Reliable Information

    • Collect unbiased information
    • Capture any Uncertainty and Risk
    • Capture Logic for inputs
    • Build on the past
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  • Logically Correct Reasoning

    • Dependency and Influence
    • Watch for double counting variables and poor handling of uncertainty

  • Commitment to Action

    • Will there be a decision once the analysis is complete
    • Analysis paralysis
    • Are resources available to implement the decision
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sdp