Why Optimize Decision-Making

Managing and optimizing decision-making processes in companies means preventing serious errors, including, just to name a few of the most common:
•Wrong choice of suppliers
•Wrong supply requests
•Wrong investments
•Wrong market studies
•Hasty projects
•Inadequate business plans
•Failure to assess risks
•Wrong process planning
•Wrong financial planning
These wrong choices cause serious economic damage to companies. Wrong decisions can also lead to bankruptcy. In any case, all companies make mistakes all the time. Companies that do not optimize their decision-making processes lose efficiency, on average by a value equal to at least 10% of their turnover.

Service Description

The service involves the identification, improvement, management, updating and reporting of company decision-making processes.
It is carried out by expert Decision-Making Assistants through online/onsite meetings and with the help of specific information technologies.
The aim of the service is to improve the quality of decisions.

Areas of application

• Board of Directors and/or Ownership Decisions.
• Management Decisions in all areas of the business

The activity is carried out in an interactive and proactive manner and does not involve any management burden for companies and no organizational changes.
Ken Scent professionals help management by offering food for thought, new data, new ways to process decisions, to reach the best solutions. This without ever intervening to force a solution. Ken Scent never overlaps with the functions of company managers.
Decision Assistance is also appreciated for its ability to reduce conflicts and create organization during company assemblies and meetings.

How it works

Ken Scent professionals help companies identify the most critical decision-making processes, also through predictive analysis. They then assist the management and direction of companies in making the best choices. Decision-making processes are represented and updated via Ken Scent’s proprietary software. Ken Scent takes care of the insertion and management of decision-making processes in its technological platform, providing a complete service. The results and effects that arise from decision-making processes are monitored and reported over time.
Where necessary, Ken Scent can provide specific IT skills for the extrapolation and analysis of company data necessary for decision-making processes, or provide specific consultancy in technical and organizational matters thanks to the plurality of skills of its staff.
Ken Scent provides the company with clear reporting to understand the progress of decisions, work in prevention, and organize.

Methodology

Ken Scent’s Decision Assistance includes the following phases:

1. Detection and analysis of critical decision-making processes in the company.
2. Predictive analysis to identify further critical decision-making processes and prioritize Decision Assistance interventions.
3. Analysis and representation of decision-making processes.
4. Acquisition and processing of missing information in decision-making processes.
5. Possible integration of information through in-depth analysis and comparisons.
6. Assistance for decision-making evaluation.
7. Detection of the results and effects of decisions taken. (periodic update).
8. Production and analysis of reporting on decision-making processes.