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Decision Analysis & Decision Trees Do you face a difficult choice? Do you need an objective way to clarify the decision drivers? Do need a way to incorporate risk into your business case? Catalyst Management Consulting provides a proven process for decision reaching.
Catalyst can help you make decisions under conditions of risk and uncertainty with the Decision Tree technique. The technique is excellent for clarifying assumptions and reducing decision subjectivity. The benefits are:
It is also effective for calculating the expected monetary value of the outcome and thus deriving a risk-adjusted financial analysis. We can analyze different outcomes under conditions of risk and then apply it to the organization's existing financial models, evaluating with parameters such as net present value. CASE: Catalyst Management Consulting has previous experience in using the techniques to help a major pharmaceutical company make a decision about which of two concepts of pharmaceutical product to develop. The decision had multimillion-dollar implications, and was politically charged. Our consultant provided a structured process for the various stakeholders and helped them collectively determine the risk elements, and then pick out the most important elements. After considering sensitivity analysis of the data, we collaborated with the client to develop a spreadsheet model that clearly showed the superiority of one option over the other. The company's executives now had the "homework" needed to decide the best course of action quickly and effectively. We have additional case & experience data posted on our site. "P o w e r f u l" Catalyst provides practical, performance-focused implementation. |
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information for Catalyst Copyright © 2006 Catalyst Management Consulting Last modified: November 09, 2007 |