Thinking For Good vs Decision tree

Solve problems quickly and generate ideas easily. Improve your ability to achieve your goals faster by thinking differently. So, when you need a bit of creativity, a moment of clarity or to find a solution, you can watch, listen, and interact with proven, practical resources designed to stimulate your thinking, create light bulb moments, and help you move forward. You automatically make a difference when you download this app! The 2028 vision of Go M.A.D. Thinking is to be the catalyst for 1000 social impact and humanitarian projects. For every download, we provide a day of access to clean water on your behalf to a family in need via our giving partner B1G1. So, please share this app with your colleagues, friends and family - let’s Go Make A Difference! ‘Improving Your World Through Better Thinking” is our company purpose i.e. to enable people everywhere to Go Make A Difference at work, at home and in their community. As a business improvement consultancy, Go M.A.D. Thinking has over 25 years of experience developing individuals, teams, and global organisations to transform results and enable change. How this app can help: - Kickstart your thinking - 130 thought provokers perfect to use at the start of the day, or to give your meeting a boost. - Solve A Problem - Over 160 questions with filters to help you gain clarity, explore possibilities and create breakthroughs - Plan your goal - Over 50 questions and tips to assist you in building a robust and achievable plan of priorities - Coach yourself – Take time out to think about something you would like to achieve with a 25 minute interactive coaching session by one of the world’s leading coaches. - Practical resources – a library of videos and practical tips to inspire and stretch your thinking

The Decision tree app offers a powerful visual interface that allows you to intuitively build and manage complex decision trees. You can easily annotate new alternatives and outcomes, adjust their levels within the hierarchy, and even drag entire branches to different positions within the tree. The app automatically recalculates all necessary values to reflect any changes, ensuring that your analysis stays accurate and up-to-date. Each alternative in the tree has a cost, which represents the expected expense of pursuing that option—like $220,000 for opening a new branch in another city. These alternatives are represented as blue-collar elements within the tree and can lead to multiple outcomes. For instance, the outcome of opening a new branch might include a potential increase in turnover, but also the risk of reduced quality due to management challenges. Each outcome has an associated value, which can be positive or negative, and a probability indicating the likelihood of that outcome occurring. The probable value of each outcome is calculated by multiplying its value by its probability. The net value of an outcome is determined by the weighted influence of the outcome’s value on the overall expected value of the corresponding alternative, minus the cost of implementing that alternative. The Decision tree app supports decision trees of any depth, where after an outcome, you may encounter another decision alternative, which in turn may have its own outcomes, and so on. This capability allows you to create and explore highly intricate decision trees. The optimal strategy is identified by tracing the path from the root alternative through the branches that lead to the highest net value. This path represents the best course of action based on a comprehensive analysis of all possible alternatives and outcomes—a task that would be virtually impossible to perform mentally or with a simple paper and pencil due to the extensive calculations required. With the app’s dynamic interface, you can quickly adapt to changing scenarios, and the app will handle all the complex calculations automatically. The complexity of decisions involving significant uncertainty brings challenges such as unpredictable consequences, multi-layered factors, potential reduction of uncertainty through additional information and the influence of the decision maker's attitude to risk. To manage this complexity, users often look for best practices. Leverage the effectiveness of decision making by applying a decision tree, a proven analytical approach that provides clarity and leads to informed decisions in the midst of uncertainty. Features: -Intuitively construct a visual decision tree for a comprehensive decision analysis. -Generate alternative elements with detailed descriptions and associated costs. -Define outcomes for each alternative and specify payoff amounts and probabilities for thorough evaluation. -Dynamically arrange elements to create parent-child relationships at any depth in the tree. -Construct sequential decision chains that allow subsequent decisions based on specific outcomes. -Enter the cost of each alternative to accurately assess the impact of the decision. -Specify nominal profit values and probabilities for each outcome to refine the decision criteria. -Automatically calculate the path value resulting from the multiplication of value and probability. -Calculate the net profit, i.e. the result obtained by subtracting the cost of the alternative from the path value of the outcome. -Automatically visualize the best strategy based on the criteria for the optimal expected value.