Value Creating Decision Making Process™
VCG’s Value Creating Decision Making Process improves an organisation’s ability to make informed decisions that support strategic direction and positively impact the bottom-line.
Utilising the Analytic Hierarchy Process and Expert Choice® software, the Value Creating Decision Making (VCDM) process facilitates the creation of a decision making framework. This enables organisations to leverage the expertise and collective wisdom of the organisation for more informed, justifiable and cost effective decisions.
Decision makers are provided with a structure to organise and evaluate the importance of various criteria and their preferences for alternative solutions.
The application of the Value Creating Decision Making Process provides a level of risk management that ensures
balanced decisions and professional outcomes.
Value Creating Decision Making has been used to make many types of decisions more effectively.
Some of the common areas of application include:
- Resource allocation/Capital Budgeting
- Vendor/Product selection
- Strategic planning
- Human resource management
- Enterprise portfolio analysis
- Benefit/cost analysis
- Risk assessment
- Six Sigma/Balanced Scorecard
Learn more about other applications through contacting the Value Creation Group.