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Managing a business is often equivalent to addressing uncertainty (something that is either unknown or not perfectly known) and mitigating risk (uncertainty about potential negative outcomes/consequences). Trexin’s decision analysis services help you develop structured approaches to dealing with uncertainty and risk, allowing you to move away from ad hoc decision making towards more profitable evidenced-based management.

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Help me ask the right questions

We’ve all seen instances where companies heavily invested in an initiative that failed to bear fruit. Trexin’s consultants can walk you through the all-important process of identifying the most important aspects of a decision, specifically which are the truly important questions and problems you’re facing. Without this step, all subsequent efforts involving analytics risk going down time-consuming and costly, but still ineffective, paths.

Areas of Expertise:

  • Decision Analysis
  • Cost-Benefit Analysis
  • Business Case Development
  • Real Options

Help me make better decisions

Trexin’s consultants can provide you with the procedures, methods, and tools for identifying, representing, and assessing important aspects of a decision in a formal manner. Applied to various decision contexts spanning strategy through execution, specific techniques include cost-benefit analysis, analytic hierarchy process, and real options, among others.

Areas of Expertise:

  • Decision Analysis
  • Cost-Benefit Analysis
  • Business Case Development
  • Real Options
  • Analytic Hierarchy Process (AHP)
  • Applied Information Economics
  • Management Science
  • Influence Diagrams
  • Decision Trees
  • Leading Indicator Models
Databricks

Databricks at Trexin

Michael Litwin and Mia Sabin offer insights into the extensive range of data capabilities provided by Databricks and how these can effectively address data challenges.

Tagged in: Analytics, Technology