March 2013
Beginner
148 pages
3h 18m
English
Content preview from Decision Analysis for ManagersBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Where Did the Objectives Hierarchy Come from?
In 1992, Ralph Keeney published the definitive reference on this subject, Value Focused Thinking,4 in which he described in detail the objectives hierarchy, how to develop it, and why to use it. Over time, the DA community adopted Keeney’s objectives hierarchy as part of the framing process. In fact, Gary Bush and David Skinner (founders, Decision Strategies) note that some decision problems can be solved completely by removing ambiguity using the objectives hierarchy and the other framing tools.5 Skinner makes a very important point, “the key is to only use the tools and processes needed to gain clarity of action.” Once this is achieved, you’re done with the analysis and should start planning. Once ...
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