Favorability Index for Entity Mobility Evaluation
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Solution Overview
Problem
Current methods for evaluating entity mobility and productivity opportunities lack consistency and efficiency, with Six Sigma projects being time-consuming and requiring certified experts, and brainstorming sessions lacking a fact-based approach.
Innovation Solution
A systematic method involving calculating a hierarchy of decision elements, forming a matrix of values, calculating weighted composite scores, and compiling favorability ratings to create a favorability index, which can be ranked to prioritize opportunities.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If Six Sigma project method is used to evaluate entity mobility opportunities, then evaluation reliability is improved, but project duration increases (2-6 months) and requires certified experts
Solution Approach 1:
The evaluation process is segmented into distinct phases: data collection, hierarchy formation, matrix construction, scoring calculation, and ranking. This segmentation allows each phase to be completed efficiently and independently, reducing overall project duration while maintaining evaluation reliability through structured methodology.
Solution Approach 2:
The method performs preliminary actions by pre-establishing the hierarchy of decision elements and pre-defining the matrix structure before actual evaluation begins. This preparation eliminates the need for time-consuming on-site analysis and expert intervention during the evaluation phase, accelerating the process while maintaining reliability.
2Reliability
If Six Sigma project method is used, then evaluation reliability is improved, but requirement for certified experts increases
Solution Approach 1:
The evaluation system is designed to be self-service capable, where project teams can conduct evaluations independently using the standardized matrix and scoring methodology. The system provides self-contained guidance through the hierarchical structure and calculation procedures, eliminating the need for external certified experts while maintaining evaluation reliability.
Solution Approach 2:
The method replaces the mechanical system of certified expert intervention with an automated computational approach. The matrix-based scoring system and hierarchical structure provide objective, reproducible results through systematic calculation, substituting human expertise with a structured algorithmic process that maintains reliability without requiring specialized training.
3Loss of time
If brainstorming sessions are used to evaluate opportunities, then time consumption is reduced, but lack of fact-based methodology decreases evaluation reliability
Solution Approach 1:
The method performs preliminary action by pre-structuring the evaluation framework with defined hierarchies, matrices, and scoring criteria before data collection. This pre-structured approach enables rapid, fact-based evaluation without the time consumption of ad-hoc brainstorming, while the systematic methodology ensures reliable, objective results.
Solution Approach 2:
The invention replaces the unstructured mechanical process of brainstorming with a systematic computational matrix approach. The hierarchical scoring system provides objective, fact-based evaluation that is both rapid and reliable, substituting subjective brainstorming with quantitative analysis that maintains consistency and accuracy.
4Ease of manufacture
If conventional brainstorming sessions are used, then evaluation simplicity is improved, but lack of standardized approach decreases measurement precision
Solution Approach 1:
The evaluation process is segmented into standardized components: hierarchical decision elements, structured matrix, defined scoring criteria, and systematic ranking. This segmentation provides simplicity through modular structure while ensuring measurement precision through consistent application of standardized evaluation criteria across all opportunities.
Solution Approach 2:
The method standardizes evaluation parameters by defining specific criteria and weighting factors for each hierarchy level. This parameter standardization maintains evaluation simplicity through clear, consistent guidelines while improving measurement precision by ensuring all assessments use the same standardized parameters and scoring scales.
Data Source
AI summary
Systems, methods and computer-readable media for evaluating business-critical criteria relating to exploring entity mobility/productivity opportunities are provided. A method according to the invention may include calculating a hierarchy of a plurality of decision elements regarding the opportunities. The calculating can include forming a matrix of values corresponding to the relative importance of each of the decision elements with respect to one another. The method can also include calculating a weighted composite score for each sub-process specified in each of the plurality of decision elements. The method may include compiling a favorability rating for each sub-process. The favorability rating for each sub-process may be based, at least in part, on the weighted composite score for each sub-process and the matrix of values corresponding to the relative importance of each of the decision elements with respect to one another. Finally, the method may include ranking each favorability rating to form a favorability index.