Have you ever faced the daunting task of identifying and prioritizing risks in a project, only to feel overwhelmed by the sheer complexity of it all? Whether you’re managing a multi-million-dollar ...
Financial decisions often involve many criteria. It can be difficult to choose among several options that differ according to multiple criteria, some of which favor each option. A decision matrix ...
Have you ever stared at a massive spreadsheet, unsure how to turn that sea of numbers into something meaningful? You’re not alone. Despite Excel being one of the most widely used tools in the world, ...
Scottish scientist Dr. Stuart Pugh developed a method for improvement selection called Pugh’s Controlled Convergence. More ...
Decisions are the lifeblood of business. From the c-suite to frontline employees, decisions are constantly being made at all levels within organizations. Some are consequential and irreversible, but ...
Chocolate or strawberry? Life or death? We make some choices quickly and automatically, relying on mental shortcuts our brains have developed over the years to guide us in the best course of action.