Value-Focused Decisions – Lecture by prof. Ralph L. Keeney
Renowned pioneer in decision sciences and original developer of decision analysis methodologies, Ralph Keeney gives a public lecture at Aalto.
How to make good decisions? Not only with information but thought, too.
Lecture abstract: The only purposeful way you can influence anything in your life is by your decisions. Everything else just happens beyond your control, due to others’ decisions and happenstance. Your decisions empower you to make contributions at work in businesses, organizations, and government and to enhance the quality of your life and those of your family and friends. Thus, your decision-making is important. Quality decision-making is based on your decision-making skills, and we all can improve our decision-making skills. As with any skill, improvement requires understanding how one should do something well and then practicing the techniques to do it well. This presentation discusses procedures to enhance your skills and apply them to address five key issues in decision-making: understanding why you care and what you hope to achieve by making a decision, creating alternatives better than those readily available, creating win-win alternatives that will allow an authorized decision-maker (e.g. one’s boss) to support the alternative you desire, proactively identifying decision opportunities that you could choose to face that offer significant benefits including preempting the occurrence of unappealing future decision problems, and developing the strategic objectives of the decision-maker (an individual or an organization) to provide guidance and consistency for all of the decision-makers decisions. Each of the procedures are practical to use and rely on common sense and focused effort.
Please, register in advance here so that coffee service can be arranged after the talk.