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Quantifying
                         Initiative Value &
                          Prioritizing New
                        Concepts Seminar


Achieve alignment               Why is decision-making in
with important               business so difficult? Can we
initiatives                         do anything about it?
Develop creative          “…the one risk no investor
                          [or manager] can ever
                                                             Everyone intuitively understands what
                                                             Benjamin Graham meant. No one can
alternatives to solve     eliminate is the risk of being
                          wrong.”                            ever ensure that they won’t be wrong

complex problems         Benjamin Graham
                         Mentor to Warren Buffet
                                                             with the choices they make. But Incite!
                                                             Decision Technologies, LLC, can help
                                                             your company reduce the likelihood of
Create value by         being wrong with important decisions. Our Advanced Decision Framework

understanding risk      reveals why decision-making in business is so difficult and what you can do
                        about it. It focuses on the aspects of human behavior and typical business
and uncertainty         analysis approaches that render decision-making prone to errors in
                        judgment, unnecessary rework, cost, and lost opportunity. The Advanced

Improve your            Decision Framework provides a guided process by which leaders work
                        collaboratively to overcome those barriers to success. Business leaders who
confidence in           learn to use this process effectively find they have greater confidence and

decision-making         understanding to achieve organizational alignment and improve business
                        value in strategic planning, project decisions, portfolio prioritization, and
                        budgeting.
Can we accurately value
                                          new strategic initiatives?
                                        How do we reduce the risks
                                              we face with them?


                                                                                    Objectives
                                     This     one-day       seminar       o   Recognize      and     overcome
“Rob's one-day seminar on
decision-making was extremely        offers     participants       an         the underlying biases and
informative, and I gained a                                                   assumptions     that     lead     to
much greater understanding of        introduction to the tools
the     tools     available    for                                            frustration, exposure to too
probabilistic analysis. In my role   needed           to     become           much risk or not enough, and
as an operations manager, I                                                   other undesirable outcomes
frequently have to analyze a         familiar         with       best
                                                                              when facing critical choices
variety of alternatives to solve
problems or support new
                                     practices        of     effective    o   Identify the true goals and
products. These methods for          decision-making.           While         objectives of the decision
weighing      alternatives    and
                                                                              team and stakeholders
assigning them quantitative          this     class    touches     on
values gives me the tools to                                              o   Agree     on   decisions        that
make not just a good choice,         advanced                business         need immediate attention
but the best possible choice.
                                     concepts, it is engaging             o   Generate       truly     creative
Rob is also an excellent teacher
who keeps the audience                                                        strategic      choices          with
interested and on target.”           and          straightforward.            information inherent to the

     Richard Light, Manager of       Participants          experience         problem at hand
    Business Continuity Services,                                         o   Understand how to assess
                                     these learning objectives
               Hewlett-Packard                                                the   impact     of     risk    and
                                     first-hand        through        a       uncertainty on desired goals

                                     game        of    chance      (in    o   Use   uncertainty       to     guide
                                                                              project     decisions        toward
                                     which a real financial                   optimal value and return on
                                     reward can be won) and                   investment
                                                                          o   Clearly communicate and
                                     a challenging real-world
                                                                              document       team      decision
                                     case study.                              recommendations
“The business executive is by profession a
                                            decision maker…whether the outcome is a
                                            consequence of luck or wisdom, the moment of
                                            decision is without a doubt the most creative
                                            event in the life of the executive.”
                                                                “How Businessmen Make Decisions”
                                                                   Fortune Magazine, August 1955



                                                                              Who Should
 o   Senior or middle-level managers wanting to improve their
     ability to gain deep insights, manage initiative risks, and
     develop appropriate confidence to move forward with
     strategic plans                                                            Attend?
 o   Decision team members responsible for finding solutions to
     complex problems and opportunities
 o   Executive business leaders who guide their organizations to
     make better decisions in every endeavor




In an effort to provide you with the greatest value, Incite! offers this
seminar on your organization’s campus so that the collaborative
                                                                                    Value
elements of the process are best experienced with the least time
and cost commitment from your staff.
                                                                                Proposition
In the long term, your organization will develop and retain the skills
that allow it to frame new opportunities in their proper context for
action, avoid many unanticipated outcomes, focus attention on
information that really matters, prioritize capital allocation on the
right initiatives, and the identify the tactics that allow your team to
achieve the value identified.
Quantifying
                                                                          Initiative Value
                                                                            & Prioritizing
                                                                          New Concepts
                                                                                  Seminar


Day One
                                                                                   Topics
o   Factors that Contribute to Judgment Error

o   Game of Chance to Demonstrate Sources of Judgment Error

o   Problem Framing & Clarifying Objectives

o   Generating Creative Alternatives

o   Clarifying the Sources and Effects of Uncertainty

o   Understanding Uncertainty and the Language of Probability

o   Quantifying Uncertainty and Risk

o   Prioritizing Initiatives

Optional Day 2 (or more)

Incite! will coach the participants during an optional second day (or
more, as needed) as a decision team to work through a current
business problem that needs resolution. This second session provides
a powerful means to reinforce the concepts learned in the first
session for continued use by placing the process in the participants’
daily business context. Your organization will gain immediate value
by working through a current problem with the Advanced Decision
Framework to achieve deep insights for prompt application.

To learn more about how Incite! can help your team improve its
decision quality capabilities, reduce risk, and increase its confidence
                                                                               Next Steps
that the best decisions are being made, call Robert Brown at

678-947-5997 or send an email to rdbrown@incitedecisiontech.com.

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Quantifying Initiative Value & Prioritizing New Concepts Seminar

  • 1. Quantifying Initiative Value & Prioritizing New Concepts Seminar Achieve alignment Why is decision-making in with important business so difficult? Can we initiatives do anything about it? Develop creative “…the one risk no investor [or manager] can ever Everyone intuitively understands what Benjamin Graham meant. No one can alternatives to solve eliminate is the risk of being wrong.” ever ensure that they won’t be wrong complex problems Benjamin Graham Mentor to Warren Buffet with the choices they make. But Incite! Decision Technologies, LLC, can help your company reduce the likelihood of Create value by being wrong with important decisions. Our Advanced Decision Framework understanding risk reveals why decision-making in business is so difficult and what you can do about it. It focuses on the aspects of human behavior and typical business and uncertainty analysis approaches that render decision-making prone to errors in judgment, unnecessary rework, cost, and lost opportunity. The Advanced Improve your Decision Framework provides a guided process by which leaders work collaboratively to overcome those barriers to success. Business leaders who confidence in learn to use this process effectively find they have greater confidence and decision-making understanding to achieve organizational alignment and improve business value in strategic planning, project decisions, portfolio prioritization, and budgeting.
  • 2. Can we accurately value new strategic initiatives? How do we reduce the risks we face with them? Objectives This one-day seminar o Recognize and overcome “Rob's one-day seminar on decision-making was extremely offers participants an the underlying biases and informative, and I gained a assumptions that lead to much greater understanding of introduction to the tools the tools available for frustration, exposure to too probabilistic analysis. In my role needed to become much risk or not enough, and as an operations manager, I other undesirable outcomes frequently have to analyze a familiar with best when facing critical choices variety of alternatives to solve problems or support new practices of effective o Identify the true goals and products. These methods for decision-making. While objectives of the decision weighing alternatives and team and stakeholders assigning them quantitative this class touches on values gives me the tools to o Agree on decisions that make not just a good choice, advanced business need immediate attention but the best possible choice. concepts, it is engaging o Generate truly creative Rob is also an excellent teacher who keeps the audience strategic choices with interested and on target.” and straightforward. information inherent to the Richard Light, Manager of Participants experience problem at hand Business Continuity Services, o Understand how to assess these learning objectives Hewlett-Packard the impact of risk and first-hand through a uncertainty on desired goals game of chance (in o Use uncertainty to guide project decisions toward which a real financial optimal value and return on reward can be won) and investment o Clearly communicate and a challenging real-world document team decision case study. recommendations
  • 3. “The business executive is by profession a decision maker…whether the outcome is a consequence of luck or wisdom, the moment of decision is without a doubt the most creative event in the life of the executive.” “How Businessmen Make Decisions” Fortune Magazine, August 1955 Who Should o Senior or middle-level managers wanting to improve their ability to gain deep insights, manage initiative risks, and develop appropriate confidence to move forward with strategic plans Attend? o Decision team members responsible for finding solutions to complex problems and opportunities o Executive business leaders who guide their organizations to make better decisions in every endeavor In an effort to provide you with the greatest value, Incite! offers this seminar on your organization’s campus so that the collaborative Value elements of the process are best experienced with the least time and cost commitment from your staff. Proposition In the long term, your organization will develop and retain the skills that allow it to frame new opportunities in their proper context for action, avoid many unanticipated outcomes, focus attention on information that really matters, prioritize capital allocation on the right initiatives, and the identify the tactics that allow your team to achieve the value identified.
  • 4. Quantifying Initiative Value & Prioritizing New Concepts Seminar Day One Topics o Factors that Contribute to Judgment Error o Game of Chance to Demonstrate Sources of Judgment Error o Problem Framing & Clarifying Objectives o Generating Creative Alternatives o Clarifying the Sources and Effects of Uncertainty o Understanding Uncertainty and the Language of Probability o Quantifying Uncertainty and Risk o Prioritizing Initiatives Optional Day 2 (or more) Incite! will coach the participants during an optional second day (or more, as needed) as a decision team to work through a current business problem that needs resolution. This second session provides a powerful means to reinforce the concepts learned in the first session for continued use by placing the process in the participants’ daily business context. Your organization will gain immediate value by working through a current problem with the Advanced Decision Framework to achieve deep insights for prompt application. To learn more about how Incite! can help your team improve its decision quality capabilities, reduce risk, and increase its confidence Next Steps that the best decisions are being made, call Robert Brown at 678-947-5997 or send an email to rdbrown@incitedecisiontech.com.