Impact Analysis – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is Impact Analysis? Impact analysis is a systematic approach used to assess the potential effects of a proposed change or decision on various aspects of a system or organization. It involves identifying and evaluating the potential consequences, both positive and negative, that may result from implementing a particular action. Impact analysis is commonly used … Read more

Scenario Planning – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is Scenario Planning? Scenario planning is a strategic planning method that organizations use to make flexible, long-term plans. It involves creating multiple hypothetical scenarios to anticipate and prepare for different possible futures. These scenarios are based on a range of factors such as economic trends, technological advancements, political changes, and social shifts. By considering … Read more

Secret Ballot – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is a secret ballot? A secret ballot is a voting method in which a voter’s choices are kept confidential. This means that each voter casts their vote in private, without revealing their decision to anyone else. The purpose of a secret ballot is to ensure that voters can freely express their opinions without fear … Read more

Breakout Group Decision – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is a breakout group decision? A breakout group decision refers to a process in which a larger group is divided into smaller subgroups to discuss and make decisions on a specific topic or issue. These smaller groups, known as breakout groups, allow for more focused and in-depth discussions, leading to more effective decision-making. How … Read more

Decision Making Under Risk – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is Decision Making Under Risk? Decision making under risk refers to the process of making choices when the outcome of each option is uncertain and involves some level of risk. In these situations, individuals must weigh the potential benefits and drawbacks of each decision while considering the likelihood of different outcomes. This type of … Read more

Consensus Building – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is Consensus Building? Consensus building is a process in which a group of individuals work together to reach a collective agreement or decision that is acceptable to all members. It involves open communication, active listening, and a willingness to compromise in order to find common ground. Consensus building aims to create a sense of … Read more

Pairwise Comparison – Definition & Detailed Explanation – Meeting Decision Making Glossary

What is Pairwise Comparison? Pairwise Comparison is a method used in decision-making processes to compare two elements at a time in order to determine their relative importance or preference. This technique is commonly used in fields such as project management, business analysis, and strategic planning to help stakeholders prioritize options and make informed decisions. How … Read more