3 decisions in
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3 Decisions in 30 Minutes3 ec s o s 30 utes
March 10, 2011
Proprietary & confidential. © Decision Lens 2010
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Agenda
Introduction
Investment Portfolio Planning: McNeil Nutritionals
P t N ti l G idProcurement: National Grid
Player Selection: Green Bay Packers
ClosingClosing
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How will you evaluate, prioritize, and select the
best projects, people or ideas that will deliver the
greatest value to your organization?greatest value to your organization?
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About Decision Lens
Decision Lens is a decision-support solutions provider based in Arlington Virginia with
A software solution and an advanced process for group decision-making based on a proven and
provider based in Arlington, Virginia with…
robust methodology
A technique for quickly collecting and th i i lit ti d tit tisynthesizing qualitative and quantitative
information from multiple data sources and stakeholders for trade-off, prioritization and/or resource allocation decisionsresource allocation decisions
An approach to quantifying and making explicit the subjectivity that is part of all decision-making in j y p gorder to use experience and judgment more effectively
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Final Launch Verticals
Horizontal Capabilities
Strategic Planning
Capital Planning
Product Portfolio Planning
R&D/Innovation
Vendor Selection and Procurement
Trade Studies and Requirements Analysis
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Customer Qualifications
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Investment Portfolio Planning--McNeil Nutritionals
Industry: Consumer Product Goods
McNeil Nutritionals, LLC is a global marketer of innovative nutritional products --entering the FY07 planning cycle, senior management was presented with over 75 possible new product investmentsover 75 possible new product investments.
They believed their existing process did not adequately address the complexity of determining the optimal add ess t e co p e ty o dete g t e opt ainvestments to meet their strategic and financial goals.
The Decision Lens process revealed that in order to achieve growth goals McNeil has to invest more into products for new markets than had previously been explicitly considered
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Procurement: National Grid
Industry: Energy & Utilities
National Grid, an international energy delivery company with over 3 million electrical power customers in the United States was faced with the difficult decision of selecting a new power transmission and deliveryselecting a new power transmission and delivery systems.
With Decision Lens, National Grid could easily evaluate t ec s o e s, at o a G d cou d eas y e a uatethe vendors with specific comments provisioned as relative "strengths" or "weaknesses" of each vendor against each established criterion.
The final result was a quantified "best value" score among the vendors, with "what-if" analyses that were performed to ensure the team had made the right
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performed to ensure the team had made the right decision.
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Would you rather…
choose the fastest player on choose the fastest player on
choose the player that fits best with choose the player that fits best with p y
the field who scores countless
p ythe field who scores countless
teammates and coaches and has a teammates and coaches and has a
ORORpoints—but never shows up on time?points—but never shows up on time?
positive attitude —but is injury prone?positive attitude —but is injury prone?
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Player Selection: Green Bay Packers
Selecting and managing talent is complex
• The need for a consistent, structured process within the organization to align player selection with the needs of the team
• How to evaluate player candidates on both quantitative and qualitative evaluation criteria, i.e.: Ph i l tt ib t d h i ht i ht t
green bay packers
Physical attributes: speed, height, weight etc. Intangibles: fit with team, big play ability, leadership etc. Stats and performance: career scoring record, number of
wins , etc. Character: attitude work ethic personal history etc Character: attitude, work ethic, personal history, etc.
• How to collaboratively pull together experience and judgment for the evaluation – ownership,
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management, coaching staff, players, etc.
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Decision Lens Approach
Facilitating key leaders to identify decision-making criteria that will allow your team to make key trade-offsy yDecision makers can start to evaluate candidates on multiple dimensions at the same time to better understand their overall value or ‘fit’ with thetheir overall value or fit with the team’s priorities Equipped with ‘what-if’ graphical sensitivity analysis to support leadership in evaluating the portfolioleadership in evaluating the portfolio of candidates for a position against a variety of scenarios. Improve transparency of key decisions -
id t bl th d fprovides a repeatable method of tracking, auditing and improving your team over time
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Next Steps
Please follow up with Carolyn Volper at 703-253-6121 or cvolper@decisionlens com and she will put you in touch with [email protected] and she will put you in touch with the subject matter expert for your particular interests
Thank you for joining us today!
P i t t ti lid ill b il d l t thi kPowerpoint presentation slides will be emailed later this week
For additional materials please visit http://decisionlens.com/resources
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