What is the Delphi Method? The Delphi Method is a structured communication technique used to gather opinions from a group of experts on a particular topic. It was developed in the 1950s by the RAND Corporation as a way to forecast future events and trends. The method is based on the idea that collective intelligence … Read more
What is Brainstorming? Brainstorming is a creative problem-solving technique that involves generating a large number of ideas or solutions to a specific problem or challenge. It is a group activity that encourages participants to think outside the box and come up with innovative and unconventional ideas. The goal of brainstorming is to explore all possible … Read more
What is Hybrid Decision Making? Hybrid Decision Making is a strategic approach that combines different decision-making methods to achieve optimal outcomes. It involves blending traditional top-down decision-making with more collaborative and inclusive approaches. This allows organizations to leverage the strengths of various decision-making processes to make well-informed and effective decisions. How does Hybrid Decision Making … Read more
What is a Decision Tree? A decision tree is a popular machine learning algorithm used for classification and regression tasks. It is a tree-like model where an internal node represents a feature or attribute, the branch represents a decision rule, and each leaf node represents the outcome or result. Decision trees are easy to interpret … Read more
What is Groupthink? Groupthink is a phenomenon that occurs within a group of individuals when the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. In other words, groupthink occurs when members of a group prioritize consensus and harmony over critical evaluation of alternative viewpoints and potential solutions. … Read more
What is Resolution Drafting? Resolution drafting is the process of creating a formal document that outlines a proposed course of action or decision to be taken by a group or organization. Resolutions are commonly used in various settings such as government bodies, non-profit organizations, and corporate boards to address specific issues, make decisions, or express … Read more
What is Ranked Choice Voting? Ranked Choice Voting, also known as instant-runoff voting or preferential voting, is a voting system in which voters rank candidates in order of preference on their ballots. Instead of selecting just one candidate, voters have the option to rank multiple candidates according to their preferences. This system allows for a … Read more
What is the Stepladder Technique? The Stepladder Technique is a structured communication method used in group decision-making processes. It is designed to ensure that all members of a group have an equal opportunity to contribute their ideas and opinions without being influenced by the opinions of others. The technique is particularly useful in situations where … Read more
What is Cost-Benefit Analysis? Cost-Benefit Analysis (CBA) is a systematic approach used to evaluate the potential benefits and costs of a proposed project or decision. It is a technique commonly used in economics, business, and public policy to determine whether the benefits of a project outweigh the costs, and whether the project is worth pursuing. … Read more
I. What are the Six Thinking Hats? The Six Thinking Hats is a method developed by Edward de Bono in the 1980s as a tool to improve decision making and critical thinking. The concept behind the Six Thinking Hats is that individuals can wear different “hats” or perspectives when approaching a problem or making a … Read more