Tag Archives: evaluation

Common decision analysis errors

Yesterday I highlighted some common mistakes associated with failure to proactively identify and plan your decisions before diving into decision analysis.  Even if you have correctly focused on a high-priority, well-framed decision (successfully answered the “What do we need to … Continue reading

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Decision: Technology Core Competencies

Any company that creates high-tech hardware and software products has to invest strategically in technology core competencies.  This technology portfolio provides the basis for building compelling, highly-differentiated products and avoiding the some of the perils of creeping commoditization. Here’s an … Continue reading

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Optimizing product concepts

Competitive pressures demand continuous optimization of products.  The Spider chart or Tornado chart comparison of alternatives (similar to those within the Decision Driven® Solutions Framework ) are very powerful tools to highlight optimization opportunities that can yield the highest payback. The … Continue reading

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Compare Alternatives – Spider Chart

The Compare Alternatives capability within the Decision Driven® Solutions Framework (DDSF) contains two different comparison views that you can use to compare your alternatives: Tornado Chart: This chart compares the relative effectiveness of any pair of alternatives.  It displays their … Continue reading

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Scoring alternatives – keep it simple

The evaluation of alternatives in a decision should be a simple process that unlocks many insights.  Effective scoring begins with a clear definition of criteria.  Each criterion (factor, stakeholder goal) represents an arrow or vector in the direction of “goodness”.  Scoring is … Continue reading

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Rapid scoring of alternatives

Everyone wants to make quick, high quality decisions.  It’s important to find a balance between “analysis paralysis” and “speed kills”.  For example, I encourage the folks that I mentor to take their time when defining criteria; understanding their stakeholders’ needs, … Continue reading

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Decisions bridge innovation and execution

I’m kicking back this afternoon watching the Masters tournament.  I’ve already seen 4 or 5 commercials from IBM poking fun at an overemphasis on innovation techniques (talking) at the expense of execution (doing).   I’m sure this rings true to anyone who … Continue reading

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