• Title/Summary/Keyword: Value-focused thinking (VFT)

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Decision Analysis with Value Focused Thinking as a Methodology to Access Air Force Officer Retention Alternatives

  • Moon Sang-ho
    • Proceedings of the Korean Statistical Society Conference
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    • 2004.11a
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    • pp.105-110
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    • 2004
  • Decision Analysis(DA) using Value Focused Thinking(VFT) can be an excellent process to deal with hard decisions. The intent of this research is to provide better understanding of the United States Air Force(USAF) officer retention problem. This thesis effort involves building a VFT model to find out more effective alternatives in retaining pilots and non pilots. This model, in conjunction with the results of the post analysis, shows an example of the application of a VFT approach to the USAF officer retention problem.

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Information Systems Planning Method Based on Value-focused Thinking

  • Li, Yi-Jia;Wang, Zhi-Yong
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2007.02a
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    • pp.114-121
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    • 2007
  • In the existing ISP methods, the important' role of enterprise value is usually ignored or not recognized in the information systems planning (ISP). Besides, in some ISP methods, there is a connotative precondition that the main body of value is always the enterprise stakeholder. Thus, in ISP, the enterprise stakeholders‘ value has been recognized while the value of other main bodies has been neglected, which has resulted in boycott and other problems in normalization construction. Based on the existing ISP analysis frame and ways, this article analyzes the enterprise fundamental principle of enterprise value acting on ISP and defines the formation of enterprise value. On the basis of Keeney's analysis way of value focused thinking for decision-making, we induct the factors of enterprise value into the ISP method and set forth such an ISP process: (1) identify the aggregation of enterprise value; (2) conform the objective structure of enterprise levels; (3) determine the appraisal standard for enterprise fundamental objectives; (4) determine the basic structure for information systems ; (5) confirm the data requirements for information systems; (6) give appraisal and comment.

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