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March 18, 2015 PostFilter

Decision Analysis

DecisionAnalysis

Delivering practical, time-proven solutions to business risks

Endeavor’s approach to Decision Analysis (DA) includes processes and tools useful in making a variety of major strategic decisions, addressing significant questions like “How can I . . .”

  • Better Understand the Opportunity so that the bounds, scope, objectives, preferences, risks, and key decisions are clear and agreed upon
  • Engage Stakeholders to capture their inputs and perspectives for problem structuring and to maintain their engagement throughout the process
  • Incorporate Risk, Uncertainty, and Divergent Perspectives to understand options and key information gaps
  • Create Alternative Solution Approaches that test a broad range of divergent perspectives on the “right” solution and different ideas for value creation
  • Analyze Alternatives incorporating both uncertainty and divergent stakeholder perspectives in a compelling, side-by-side comparison focused on learning about value creation and risk mitigation
  • Create a Win-Win Approach to Alternative Selection that uses analytical insights to build a “hybrid” approach that all can agree will be best at creating value and managing risk
  • Achieve a Shared Vision and Alignment among all stakeholders around the hybrid approach and the value proposition
  • Realize Value from successful implementations

Endeavor Management has a rich background and deep expertise in applying DA to a wide variety of major strategic decisions across diverse industries, including oil and gas, IT, manufacturing, finance, healthcare and retail.  We deploy career Decision Analysis experts with years of experience in framing projects for optimal results. They are able to scale the effort to fit the need and can help your company with issues such as the following:

  • Developing and implementing strategies
  • Technology Selection
  • Cost Reduction
  • New Work Processes
  • IT services
  • Product Development
  • New Business Models
  • Major Capital Projects

In most situations there are multiple ways to address the challenge.  Have you considered these alternatives?  Often there is a rationale for picking one over another.  Endeavor’s information-based, objective decision-making process can help you articulate the rationale, allowing you to plan and commit resources with confidence.

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