Our associated firm has gained an enviable reputation for helping organisations tackle strategic choices; those decisions that are fundamentally important to the organisation and its future, such as selecting a strategic supplier, or the site for new manufacturing operation. Due to the importance of these decisions it is not surprising that tensions and emotions can run high and a significant amount of time and resources can be expended in reaching a decision. They also tend to be characterized by differences in perspective, uncertainty, and multiple objectives. Our robust, transparent, academically sound decision making process has proven to significantly reduce the time it takes to reach a decision, while ensuring the stakeholders are given the confidence that the right conclusion has been reached. Clients value our capability to firstly structure the problem and secondly facilitate a group discussion that captures the collective thoughts and wisdom of the stakeholders. In capturing these we use the academically sound approach of MCDA (Multiple Criteria Decision Analysis) to help effectively assess the risk-adjusted benefits of one option against another. Our transparent, inclusive decision making process, Decision Conferencing, allows all aspects of the decision and different viewpoints to be considered. As an outcome this leads to a shared understanding, a sense of common purpose, and a renewed commitment to the way forward. Decision Conferencing is a proven method of achieving more effective decisions. The process involves groups of people in a transparent decision-making process and is ideally suited to resolving complex issues fast. These complex issues tend to have common characteristics such as conflicting objectives, multiple attributes, uncertain consequences, and the need for input and agreement from various people to solve. All parties involved in the decision making process are gathered together in a series of workshops where options and issues are identified and discussed. These discussions are typically aided by modelling the problem, a process that documents the discussions and allows the best value options to be identified and different scenarios to be analysed. Decision Conferencing is best run by an independent facilitator and analyst, whose job it is to direct the group through the process and ensure results are achieved. This is where Knowledge and Capital comes in; the group own the problem and issues, and formulate their solution. Knowledge and Capital simply provides the means and the model to achieve the goal.
Decision Conferencing is naturally an inclusive process; one of the responsibilities of the facilitator is to ensure everyone s views are discussed and understood. The group develop a shared understanding and a shared sense of ownership for the decision reached, this helps ensure the decisions made are adopted. Reach a decision fast Unlike other approaches, such as hiring traditional management consultants, Decision Conferencing uses the vision, knowledge and experience of the people making the decision. This and other underlying business data are usually readily available, therefore a conclusion can typically be reached in a few one-day workshops.