Decision Analysis for Managers

Example Objectives Hierarchies

This example is one that I use with my DA courses (Figure 3.3 below) and is associated with our multiple career path example. When I lecture on campus, I put this into the context of graduation and finding a job. When I lecture at a company, I put this into the context of “Your assignment is ending and you are getting ready to go into the job selection process.” Your primary objective is to obtain the best possible career.

Figure 3.3. Example objectives hierarchy.

With this approach, there are three fundamental objectives—financial, professional, and social—that feed into the overall objective of obtain best possible ...