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The Rapid matrix assists in decision-making by providing a structured approach to weigh different factors. It allows for the prioritization of certain aspects over others, depending on their importance in a particular context. For instance, if cost is more important than service, it can be weighted higher, influencing the overall decision. Conversely, if other criteria are deemed more important, the cost factor can be weighted lower, potentially leading to a different decision.
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For example, if cost isn't as important as service or vice versa, each can be weighted lower or higher as needed. If the cost scores high on a decision but the rest of the criteria is weighted lower, it will bring the entire score down, which could lead to a different decision depending on what's most important.
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How do you better organize your priorities to make stronger decisions backed up by data? With this collection of decision-making frameworks, you’ll le...
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