March 19, 2011

Decision Tree

Among the tools that we used for the mini-project, I found that Decision tree is the most convincing tool when it comes to presenting to board of directors. the systemic and systematic ways that decision tree show both quantitatively and visually can make more sense for the receiver. 

its strength over some of the other tools, the grid for example, is that the logic behind it appears to the surface and it is not as debatable as others. human mind was educated to deal with systems that can be split into parts and it seems that it is ready to understand and accept such approaches more that others.

Decision tree was used in all presentations which indicates its rationale and user-friendly nature. moreover, while there were no issues in applying the approach except for taking another routes or assumption, we could indicate unjustified or inappropriate use of other tools.

although all tools are important when they are used in the right context, decision tree seems to appear in every sophisticated  decision making.

- 2 comments by 1 or more people Not publicly viewable

  1. Heyy Ayham,
    I can totally agree with you, but I have something to add. Though Decision tree is a very powerful tool, it absolutely clears the picture in the mind of the decision-makers of all possible outcomes, rather enables consideration of certain outcomes which hadn’t been thought of before. But I’d say that DT cannot be used in isolation in most decisions. Its too calculative to be used alone.
    For instance, in the miniproject decision making, though it could involve numbers from throughout the life-cycle of the prject, it could not account for the benefits of say labour, warehousing transport etc, which cannot be counted in numbers.

    19 Mar 2011, 12:31

  2. Hey Awal,

    Agree that DT cannot be used alone. but it is present in almost all sophisticated decision making.

    yes other tools are used to choose among alternatives. but in the same time, benefits of such items that you have mentioned, warehousing and transport, are not predictable therefore most of them will be added as costs without exactly get any real estimation of the consequences of adding those expenses. DT serves in showing the effect of adding such items on the overall costs.

    19 Mar 2011, 21:21

Add a comment

You are not allowed to comment on this entry as it has restricted commenting permissions.

March 2011

Mo Tu We Th Fr Sa Su
Feb |  Today  | Apr
   1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31         

Search this blog



Most recent comments

  • The sale man is indeed important for the organization in a short time. But he will impact on organiz… by on this entry
  • I think form a holistic picture is important. In the real life, we cannot igore the influence from k… by on this entry
  • If increasing information brings with technology development, whether knowledge management improves … by on this entry
  • nice discussion here, i think to minimize groupthink, leader should assign one person to act as devi… by on this entry
  • I think even effective leader cannot guarantee a groupthink free decision. an effective leader shoul… by on this entry

Blog archive

Not signed in
Sign in

Powered by BlogBuilder