Crucial viewpoints or the proverbial “other side of the coin” might go amiss when decisions are made in a meeting or a brainstorming session. A systematic, quantitative and visual approach is the best alternative. In other words, a graphical representation that takes into account all possible challenges and corresponding solutions to aid your decision analysis process. Out-of-the-box ideas are a natural outcome when a problem is looked at from every possible aspect.
Here are some interesting examples of problems that were solved using decision trees. These images were re-created using 24point0’s ready-to-use Decision Analysis Tree PowerPoint Template.
- Here is a visual aid that helps ophthalmologists make decisions on the need for cataract surgery.
Source: http://www.ophthalmologymanagement.com/articleviewer.aspx?articleID=104591
- R&D projects are usually long-winding and need a lot of thought before decision on investment is made. Below is a decision tree diagram that helps value R&D projects.
Source: http://www.qfinance.com/operations-management-best-practice/using-decision-analysis-to-value-r-and-d-projects?page=2
- In case of medical emergencies (involving toxic chemicals), decisions made in the first few minutes are very crucial. Here is a decision tree, that clearly charts out decision nodes and the possible outcomes, which comes handy not only to medical practitioners but also to the general public.
Source: http://web.eecs.umich.edu/~cscott/research.html
- Create this cool decision tree diagram to make weekend plans that spell out maximum fun and frolic!
Source: http://education-portal.com/academy/lesson/what-is-a-decision-tree-examples-advantages-role-in-management.html
