How close is the measure of effectiveness: a mile, a half-mile, less than a quarter of a mile.

Folks,

As we start into Module 2, the discussion moves to identifying the needs of an organization. As I use to tell my kids, what they want is far different from what they need. This sets the stage for our work in Module 3 where we identify the company or organization for use in the final project. Some of you may be thinking too big in terms of organizations to be used. This is a good opportunity to look at size. Remember that we only have eight more weeks to do all of the work in. The thoughts that you develop this week will help you to narrow down those choices. If you are looking at a needs list that is two or more pages; then time to go smaller. This \”needs\” list should be around ten to fifteen items in order for it all to manageable by you.

Once you have the organizational needs identified. Think about which is the most important to the organization. Rank order these. We are now developing a weighted score card. How important is that need? This quantifying the requirement with a numerical value. Generally 0 to 1 is the value system used. For example: proximity to an interstate highway is an identified need. This is the measure of performance. How close is the measure of effectiveness: a mile, a half-mile, less than a quarter of a mile. This allows a level playing field, gives the decision makers a quantitative measurement for the decision as opposed to \”I think\” or \”in my opinion\”.
(it must be a reference from the book \”Operations and Supply Chain Management\” 8th ed. by: Robert S. Russell and Bernard W. Taylor)

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