Question
The MECE Principle, which stands for Mutually Exclusive and Collectively Exhaustive, can be used in decision making to ensure that all possible options or scenarios are considered without any overlap. This principle can be applied in various ways, such as creating a Profitability Tree to analyze company profits. By listing all ME and CE items, you can ensure that all potential factors are considered in the decision-making process.
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First and foremost, use this slide to define the basics of your problem and list all of your Mutually Exclusive (ME) items, as well as all of your Collectively Exhaustive (CE) items. Then communicated these items to your team or stakeholders. With slides, such as this one, you can create and share with your team a Profitability Tree. Profitability trees are a type of issue tree that is created with the sole intent to run a thorough analysis of the company profits.
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