•analysis
The most common structure for any
decision-making communication involves analysis. The message
might be written with a paragraph or report section covering each
element. It might be a presentation that provides a slide for
each step. A meeting or conversation could also follow the
structure, which forms the basis of most managerial decision-making
models.
Step One:
Define the question to be answered.
The
"problem" to be solved should be described in terms of
harms that are occuring or symptoms that there is a reason to do some
analysis. For example, a fraternity might be concerned about
recruitment, citing the "problem" that applications after the first
mixer were down 47% from the year before. The question to be
analyzed, then, is whether problems with the mixer might be a cause of
the downturn. Common
error: "jumping to a conclusion" and naming the assumed cause of
the problem as the problem. Example: "Our problem is really
bad mixers." Deciding whether or not that is true is the
purpose of the analysis, not the first step.
Step Two: Select an
analytical framework.
There are many ways to
look at any
problem, and analysis requires selecting and using one of those ways.
Every framework will define the component pieces of
a topic, along with the standards that guarantee success. For
example, The Book of
Parties might define a "good" party as
having a "good" band, "good" beer, "good"
decorations on the dance
floor, and "good" food.” When
communicating your decision to others, it is important to explain why
you think this is the best framework to choose (i.e. the author of The Book of Parties
is an expert on fraternity parties rather than tea parties).
You will also need to specify clearly what the criteria are
for each of the elements (i.e. how is "good" defined in each of these
areas.) Common error: vaguely defined criteria that simply
restates the need for an element to be "good". No analysis
can be performed until it is possible to know what "counts" as good for
each aspect of the subject being analyzed. A benefits analyst
could not evaluate the performance of a 401K investment, for example,
without knowing what level of performance would be considered "good"
with respect to employee investment needs.
Step Three:
Evaluate the data
The heart
of analysis is to systematically compare each element of the situation
against the evaluative criteria established in the analytical framework
or "decision model" that has been selected. Many people refer
to this as "running the numbers" as they compare each aspect of an
equity, for example, against the list of criteria by which a portfolio
analysis selects investments. In this case, the fraternity
council must evaluate each
element of the party on the list, determining whether or not each element meets
the stated criterion for "goodness." Common error: comparing
only one or two elements of the framework and ignoring others.
Complete analysis means that all listed
criteria are evaluated. Sometimes one criterion will be more
important that another, which should be explained, but nothing can be
ignored without an explanation.
Step Four: Come to a conclusion