Category Archives: Selecting and Decision Making

In the following, you will see all the articles that have been published so far on this topic.

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.

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 in the matrix. A matrix diagram can be used as part of other decision making tools. Cause and Effect Matrix and Quality Function Deployment are examples of tools that use the matrix diagram.   Read more »

Prioritization 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 people. In such situations, decision makers are required to use prioritization in order to make effective decisions. Prioritization is an essential skill that needs to be mastered by professionals to make the best use of their own and their teams’ time and effort.

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 make more confident and balanced decisions. It uses a tabular record to represents the advantages and disadvantages of an idea or situation for the purpose of reaching to a decision quickly. This situation might be a problem that needs to be solved or a condition that needs to be changed.   Read more »

Pareto Analysis

Pareto is a principle that helps to focus on the most important matters to obtain the maximum benefits. It describes a phenomenon that a small number of high values contribute more to the total than a high number of low values. The main idea behind the Pareto analysis is to identify the ‘vital few’ from the ‘trivial many’. It is one of the seven basic tools of quality, and often referred to as the 80/20 principle and the law of the vital few.

Paired Comparison

Paired Comparison Analysis is an activity for evaluating a small range of options by comparing them against each other. It 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 different from one another, or when there is little objective data to base our decision on.

Kano Analysis

Kano analysis is a method used to identify and categorize customer needs. These categories are then considered when analyzing potential opportunities for improvement. Kano is often used when collecting the voice of the customer to categorize and prioritize all forms of customer feedback. It can be used in conjunction with QFD as well as in Six Sigma implementations.

Force Field Analysis

A Force Field Analysis is a decision making technique that can be used to analyze the pros and cons of any decision. It looks at the forces that are either driving or blocking movement toward making a decision. Better decisions are made by weighing up the pros and cons then determining the force that will win. This technique is widely used in the fields of organizational change and development, business process management, and social and cultural sciences.

Pugh Matrix

A Pugh Matrix is a selection method used to compare and select the best solution from a set of alternative proposals. It helps determine which of the solutions are more valuable than the others. One advantage of this method is that it does not require a great amount of quantitative data. Furthermore, subjective opinions about one alternative versus another can be made more objective.

Importance Urgency Matrix

An importance-urgency matrix is an effective method for organizing priorities. It is a four field matrix that can be used to prioritize work activities as well as personal activities. For example, you can use it to enable you to manage your work and time more effectively. It is also referred to as the Urgent-Important matrix and the Eisenhower matrix.