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Multi-objective
Decision Analysis is a tool that can help you set
strategic direction.
Revise your mission or clarify your existing mission.
In the process, create measurable performance criteria
for all your fundamental objectives, not just the financial
ones. Build a set of strategies that will help you implement
your mission. This decision aid is designed particularly
for small nonprofit organizations, such as a dance company
or charter school, whose resources are scarce.
Use your mission to help you make a difficult, complex
decision that cant be satisfactorily solved with
intuition or heated debate. Understand and recognize
risks by naming them, by assessing their impact and
by starting to understand how to manage them. Develop
new ideas and gain a new way of thinking of old problems,
re-imagining issues from a new perspective.
Key benefits
- It forces policy makers to articulate clearly what
is important and why.
- It offers a structured and creative process for
generating new ideas.
- It helps individuals step away from their biases
and see other view points.
- It provides a fair and consistent method for evaluating
alternative strategies.
- It helps us manage what we dont know.
By using this structured approach, participants spend
more time evaluating decision alternatives and less
time arguing vague concepts.
Other Resources
The following documents require
Adobe
Acrobat Reader.
Strategic
Decision Making Case Study
Ballet Arts Minnesota - Priorities for Growth:
Objectives and criteria for assessing progress, unpublished
paper, September 2003
Frequently Asked Questions
How long does it
take?
Tangible results are available after the first 2-hour
meeting with policy makers. For a small non-profit,
three to a dozen 2-hour sessions. A larger organization
could require additional meetings, depending on the
scope of the plan.
Why should I use a new method?
If we continue using the same old way, we will keep
making the same mistakes.
What people need to be involved?
Board members or a policy setting body, such as senior
management. Technical experts, such as managers and
staff. Representatives of other key stakeholders.
What resources are required?
Meeting room with easel, flip chart paper, markers &
tape. Overhead projector or laptop projector
What are the deliverables?
Deliverables are defined as part of the project scoping.
The work is completed in phases, with evaluation of
each step before proceeding with the next. Examples
of deliverables include:
- Objectives Hierarchy
- Influence diagram and performance scales for each
fundamental objective
- Influence diagram for each key uncertainty
- Poker chip exercise for weight assessment of value
objectives
- Strategy table that includes multiple strategy themes
and combinations of program options
- Evaluation of each strategy theme
- Recommended strategy
- Lessons learned findings
How much does it cost?
Cost depends on the scope of the project and number
of steps completed.
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