AHP is a structured group decision-making technique for organizing and analyzing complex decisions. It was developed by ...

Decision-making is a daily challenge for organizations. Here's how leaders and team members can manage the four main types.

Scottish scientist Dr. Stuart Pugh developed a method for improvement selection called Pugh’s Controlled Convergence. More ...

In a growing company, two business-critical examples of where process-as-decision has lasting and material consequences are hiring and product development.

One of the major tools of artificial intelligence is the neural net, which models the way the neurons in our heads behave.

However, if you are methodical about your decision-making process, there is a better chance. Chron Logo Hearst Newspapers Logo. ... For example, if a customer complains about inadequate service, ...

All these steps in the data-driven decision-making process are interrelated. A mistake made at one step can easily cascade through the rest of the DDDM process. For example, ...

Difficult decision-making that is machine-addressable. A great example is the credit or loan desk in a bank branch or back office. A customer comes in and wants to be qualified for a credit card ...

Then, no matter the outcome, we can identify ways to continue improving our process. And that's the goal: Improve the quality of our decision-making process when it comes to retirement.