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Quantifying Initiative Value & Prioritizing New Concepts Seminar

Quantifying Initiative Value & Prioritizing New Concepts Seminar

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Published by Robert Brown

“...the one risk no investor [or manager] can ever eliminate is the risk of being wrong.” Benjamin Graham Mentor to Warren Buffet No one can ever ensure that they won’t be wrong with the choices they make. But Incite! Decision Technologies can help your company reduce the likelihood of being wrong with important decisions. Our Advanced Decision Framework reveals why decision-making in business is so difficult and what you can do about it.

“...the one risk no investor [or manager] can ever eliminate is the risk of being wrong.” Benjamin Graham Mentor to Warren Buffet No one can ever ensure that they won’t be wrong with the choices they make. But Incite! Decision Technologies can help your company reduce the likelihood of being wrong with important decisions. Our Advanced Decision Framework reveals why decision-making in business is so difficult and what you can do about it.

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Categories:Types, Business/Law
Published by: Robert Brown on Feb 21, 2013
Copyright:Attribution Non-commercial

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09/17/2013

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QuantifyingInitiative Value &Prioritizing NewConcepts Seminar
 
Everyone intuitively understands whatBenjamin Graham meant. No one canever ensure that they won’t be wrongwith the choices they make. But
Incite!Decision Technologies, LLC
, can helpyour company reduce the likelihood ofbeing wrong with important decisions. Our 
Advanced Decision Framework 
reveals why decision-making in business is so difficult and what you can doabout it. It focuses on the aspects of human behavior and typical businessanalysis approaches that render decision-making prone to errors in judgment, unnecessary rework, cost, and lost opportunity. The
AdvancedDecision Framework 
provides a guided process by which leaders work collaboratively to overcome those barriers to success. Business leaders wholearn to use this process effectively find they have greater confidence andunderstanding to achieve organizational alignment and improve businessvalue in strategic planning, project decisions, portfolio prioritization, andbudgeting.
Why is decision-making inbusiness so difficult? Can wedo anything about it?
“…the one risk no investor [or manager] can ever eliminate is the risk of beingwrong.”Benjamin GrahamMentor to Warren Buffet
Achieve alignmentwith importantinitiativesDevelop creativealternatives to solvecomplex problemsCreate value byunderstanding risk and uncertaintyImprove your confidence indecision-making
 
Can we accurately valuenew strategic initiatives?How do we reduce the riskswe face with them?
This one-day seminar offers participants anintroduction to the toolsneeded to becomefamiliar with bestpractices of effectivedecision-making. Whilethis class touches onadvanced businessconcepts, it is engagingand straightforward.Participants experiencethese learning objectivesfirst-hand through agame of chance (inwhich a real financialreward can be won) anda challenging real-worldcase study.
o
 
Recognize and overcomethe underlying biases andassumptions that lead tofrustration, exposure to toomuch risk or not enough, andother undesirable outcomeswhen facing critical choices
o
 
Identify the true goals andobjectives of the decisionteam and stakeholders
o
 
Agree on decisions thatneed immediate attention
o
 
Generate truly creativestrategic choices withinformation inherent to theproblem at hand
o
 
Understand how to assessthe impact of risk anduncertainty on desired goals
o
 
Use uncertainty to guideproject decisions towardoptimal value and return oninvestment
o
 
Clearly communicate anddocument team decisionrecommendations
Objectives
“Rob's one-day seminar ondecision-making was extremelyinformative, and I gained amuch greater understanding ofthe tools available for probabilistic analysis. In my roleas an operations manager, Ifrequently have to analyze avariety of alternatives to solveproblems or support newproducts. These methods for weighing alternatives andassigning them quantitativevalues gives me the tools tomake not just a good choice,but the best possible choice.Rob is also an excellent teacher who keeps the audienceinterested and on target.”Richard Light, Manager ofBusiness Continuity Services,Hewlett-Packard
 
o
 
Senior or middle-level managers wanting to improve their ability to gain deep insights, manage initiative risks, anddevelop appropriate confidence to move forward withstrategic plans
o
 
Decision team members responsible for finding solutions tocomplex problems and opportunities
o
 
Executive business leaders who guide their organizations tomake better decisions in every endeavor 
Who ShouldAttend?ValueProposition
In an effort to provide you with the greatest value, Incite! offers thisseminar on your organization’s campus so that the collaborativeelements of the process are best experienced with the least timeand cost commitment from your staff.In the long term, your organization will develop and retain the skillsthat allow it to frame new opportunities in their proper context for action, avoid many unanticipated outcomes, focus attention oninformation that really matters, prioritize capital allocation on theright initiatives, and the identify the tactics that allow your team toachieve the value identified.
“The business executive is by profession adecision maker…whether the outcome is aconsequence of luck or wisdom, the moment ofdecision is without a doubt the most creativeevent in the life of the executive.”“How Businessmen Make Decisions”Fortune Magazine, August 1955

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