In partnership with Decision Labs, Parallel has created a tool to optimise the process of making the single best decision. This decision is dependent on multi-factorial analysis across a wide spectrum of decision-makers and subject matter experts. However, mediating multiple factors that often have contrary agendas and needs can be a challenging task.
A common challenge we see is that complex decision-making processes rely on tools that we believe are outdated for the increasingly complex world of decision-making. Working with decision theory and multi-criteria decision analysis, we designed and built a tool that allows facilitators to identify and prioritise the most important factors.
We allow facilitators to add up the criteria carefully, as not all criteria are created equally. There are two types of criteria: Constraints - to minimise negative impacts, and Opportunities - to maximise possible benefits.
We have developed an interface that enables cross-filtering to comprehend dependencies across multi-dimensional measures. The ability to dynamically reorder items and apply different weights permits important stakeholders to fine-tune the model that ultimately calculates the best decision.