Multi-criteria decision analysis (MCDA) | | Tool designed to analyze the forces favoring and opposing a particular change; a group identifies and weights factors that could influence an outcome in either a negative or positive manner according to their possible impact and then uses these factors to score different opportunities. |
J curve | | Visualization of the impact of change on productivity. When change is introduced, there is typically a decrease in productivity and then a gradual return to or, ideally, a surpassing of previous levels of productivity. |
SOAR analysis | | Technique in which participants each suggest ideas through a series of rounds and then discuss the items, eliminate redundancies and irrelevancies, and agree on the importance of the remaining items. |
Force-field analysis | | Extent to which a measurement instrument measures what it is intended to measure. |
Consulation | | Extent to which a measurement instrument provides consistent results. |
Mode | | Average score or value. |
Validity | | Raw average of data that gives equal weight to all values, with no regard for other factors. |
Standard deviation | | Type of analysis in which a team determines critical characteristics of a successful decision and then uses a matrix to score each alternative and compare results. |
Qualitative data | | Type of analysis that starts with a result and then works backward to identify fundamental cause. |
Nominal group technique (NGT) | | Comparing the sizes of two variables to produce an index or percentage; commonly used to analyze financial statements. |
Root-cause analysis | | Data-sorting technique in which group members add related ideas and indicate logical connections, eventually grouping similar ideas. |
Variance analysis | | Providing guidance to organizational stakeholders; involves diagnosing problems or identifying opportunities, developing effective solutions, winning support for solutions, and implementing them effectively. |
Mean | | Objective measurements that can be verified and used in statistical analysis. |
Scenario/what-if analysis | | Value that occurs most frequently in a set of data. |
Trend analysis | | Subjective evaluation of actions, feelings, or behaviors. |
Weighted mean | | Type of analysis in which a group identifies strengths, opportunities, aspirations, and results; a framework that combines fact finding with an organization’s goals and desires, presenting an analysis of the organization’s actual state and how it will measure achievement. |
Unweighted mean | | Middle value in a range of values. |
Focus group | | Average of data that adds factors to reflect the importance of different values. |
Ratio analysis | | Statistical method that examines data from different points in time to determine if a variance is an isolated event or if it is part of a longer trend. |
Affinity diagramming | | Distance of any data point from the center of a distribution when data is distributed in a “normal” or expected pattern. |
Mind mapping | | Statistical method used to determine whether a relationship exists between variables and the strength of the relationship. |
Median | | Technique that progressively collects information from a group of anonymous respondents. |
Quantitative data | | Statistical method for identifying the degree of difference between planned and actual performance or outcomes. |
Delphi technique | | Small group of invited persons (typically six to twelve) who actively participate in a structured discussion, led by a facilitator, for the purpose of eliciting their input. |
Reliability | | Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn. |
Regression analysis | | Statistical method used to test the possible effects of altering the details of a strategy to see if the likely outcome can be improved. |