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Four Field Matrix
A Four Field Matrix is an effective model for planning, organizing and making decisions. It is a two-dimensional chart that consists of four equal-sized quadrants. Each of the quadrants will describe a different aspect of information. Sometimes it is referred to as the Four Quadrant Matrix or the Four Celled Matrix.
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Matrix Diagram
A Matrix Diagram is a table that allows sets of data to be compared in order to make better decisions. It displays the existence and strength of relationship between pairs of items of two or more sets. The relationship is then indicated by a number or symbol in each cell where the two items intersect…
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Prioritization Matrix
Also known as Decision Matrix, Multiple Criteria Decision Analysis and Weighted Criteria Matrix. Variants include Pugh Matrix and Pairwise Comparison Matrix. Many real-life decision-making situations have several conflicting criteria that need to be considered at the same time. Traditionally, this is often dealt with by applying trial-and-error methods, or by relying on the experience of…
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Decision Balance Sheet
Sometimes when you are faced with an important decision, you spend a lot of time looking for a solution hoping to avoid making the wrong choice. One of the simplest ways to decide what to do is using the Decision Balance Sheet. It is a simple but effective decision-making method that enables the team to…
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Pareto Analysis: Identifying the Vital Few from the Trivial Many
Also known as The Law of the Vital Few and The 80/20 principle. The Pareto principle, also known as the 80/20 rule, is a guiding principle that helps to focus on the most important matters. It describes a phenomenon that a small number of high value elements contribute more to the overall outcome than a…
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Paired Comparison Analysis: A Practical Tool for Evaluating Options and Prioritizing Solutions
Paired Comparison Analysis is a systematic approach for evaluating a small range of options by comparing them against each other. This technique is a useful and easy technique for rating and ranking alternatives where the evaluation criteria are subjective by nature. This is practically helpful when priorities are not clear enough, when alternatives are completely…
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Kano Analysis
Also known as Kano Modelling and Kano Mapping. Customer needs and expectations keep changing over time. This requires companies to revise and assess these needs from time to time to adapt to the changing environment. Kano analysis is a method that is used to identify and categorize customer needs based on customer preferences, comments, and reviews.…
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How Force Field Analysis Enhances Decision-Making and Team Engagement
Also known as Positive Negative Forces Analysis. Variants include Decision Balance Sheet, Force Field Theory of Change and Conflict Analysis. Force Field Analysis is a basic decision-making technique that is used to analyze the underlying forces behind any decision. Better decision-making outcomes are typically achieved by weighing up the helping and hindering forces then deciding…
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Pugh Matrix
Also known as Pugh Method, Decision Matrix, and Criteria Based Matrix. Variants include Solution Desirability Matrix and Pairwise Comparison Matrix. A Pugh Matrix is a decision method that is used to compare and select the best option from a set of alternatives. It helps determining which alternative is more valuable than the others based on…
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Importance Urgency Matrix
Also known as Urgent-Important Matrix and Eisenhower Matrix. The Importance-Urgency Matrix is a highly effective tool for prioritizing tasks. This four-field matrix can be utilized to manage both professional and personal activities, enhancing one’s ability to allocate time and resources more efficiently. Within the importance-urgency matrix, all activities are evaluated in terms of importance and…
Continuous Improvement Toolkit
Effective Tools for Business and Life!