Aggregated enterprise architecture wisdom
There are a variety of software tools available to support decision making, each with its own unique features and capabilities. These tools can be broadly categorised into four main categories: data analysis, visualisation, collaboration, and simulation. Data Analysis Tools: Data … Continue reading
Benefits realisation is the process of identifying, planning, and achieving the benefits that an organisation expects to gain from a particular project or initiative. It involves identifying the specific benefits that are expected to be achieved, determining how they will … Continue reading
The Eisenhower matrix, also known as the Eisenhower decision matrix or urgency-importance matrix, is a tool used to prioritise tasks and make decisions based on their level of urgency and importance. The matrix was developed by United States President Dwight … Continue reading
The Pareto principle, also known as the 80/20 rule, is a principle stating that, for many events, approximately 80% of the effects come from 20% of the causes. This principle is named after economist Vilfredo Pareto, who observed that approximately … Continue reading
Brainstorming is a creative problem-solving technique that involves generating a large number of ideas or solutions to a problem in a short period of time. The goal of brainstorming is to generate as many ideas as possible without evaluating or … Continue reading
Throwing a dart at a board or other target can be a fun and random way to make a decision. Similar to flipping a coin, you can assign different options to different areas of the target and see where the … Continue reading
Tossing a coin can be a quick and easy way to make a decision when you’re stuck between two options. Just flip a coin and see whether it comes up heads or tails. If you assign one option to heads … Continue reading
Mind maps are graphical representations of ideas and concepts that can be used to organisie and explore information. They can be useful for making decisions by helping to visually organise and explore options and to see the relationships between them. … Continue reading
A cost-benefit analysis is a tool that can be used to help make a decision by evaluating the potential costs and benefits of each option. Here are the steps for conducting a cost-benefit analysis: By following these steps, you can … Continue reading
A decision matrix is a tool that can be used to help evaluate options in the decision making process. It involves creating a grid or table that lists the options being considered along one axis and the criteria that are … Continue reading
Decision making is an essential aspect of daily life, and it is a process that is necessary for individuals and organisations to achieve their goals and objectives. Decisions need to be made in order to navigate the complex and ever-changing … Continue reading
A decision is a choice or course of action that is made after considering a range of options. Decisions can be made at an individual or group level, and they can be large or small, simple or complex. The decision-making … Continue reading