Assess the risks and the limitations of the highest rated option(s).
Charles Kepner and Benjamin Tregoe, in their groundbreaking book, The New Rational
Manager,summarized the process this way:
216 SECTION 7 TOOLS FORPROBLEMSOLVING, DECISIONMAKING, ANDQUALITY
Risks and limitations:
[☛7.6 Potential Problems]
How the risks can be minimized:
Highest-rated option:
Risks and limitations: How the risks can be minimized:
Second highest-rated option:
Select the option that best meets your decision criteria (provides the biggest benefits), and involves manageable risks.
[☛5.1 Change Equation]
Reprinted with the permission of Kepner-Tregoe, Inc. All rights reserved.