CS875 - Futuring and Innovation

 CS875 - Futuring and Innovation

This post will discuss Futuring and Innovation (CS875), associated future innovations, and a little bit about myself included my profile.  

CS875 from Colorado Technical University (CTU) talks about futurists and innovative technological ideas, skill development in Futuring using different techniques, formal methods, and diffusion of innovative ideas.

CS875 - Unit 2 Discussion Board 2 (summary) - Delphi Techniques method

 CS875 - Unit 2 Discussion Board 2 (summary)

Delphi Techniques method 

The Delphi method fosters an environment where experts can work towards a mutual agreement using the combined questionnaires and delivering each successive round to members. It is important to know that expert responses might shift new rounds are achieved, consensus may be reached over time as different opinions are swayed from other experts, each expert learning from other experts participating in the analysis; this is achieved without physically bringing everyone together to reach these decisions; making the Delphi method very effective (Twin, 2021). There are different types of methods in use, Delphi Technique and Nominal Group Technique (NGT); I will discuss the Delphi method in detail.

Advantages of the Delphi Technique Method?

The Delphi technique method seeks to compile different opinions from different experts; this view is achieved without bringing everybody together in one physical location. It is important to understand that responses from participants will remain anonymous; an expert does not have to worry about receiving any repercussion from their diverse opinions. A consensus view is expected over time, as expert opinion may be swayed or controlled, making this method very effective.

Disadvantages of the Delphi Method?

The Delphi technique is quite different from live interactions and results may be different. Sometimes, a live discussion-making process may produce a better consensus view and result, as perceptions and ideas may be introduced, and reassessed on the fly. Delphi method response can take a longer time to hash out, which may slow down the rate of the decision-making process; information received from the experts may be less valuable.

Understanding Key Takeaways of Delphi Technique method

• The Delphi decision method is a group-based decision-making process achieved by sending a survey to a group of experts to evaluate
• Experts respond to a number of questionnaires provided by the group facilitator, and the responses are collected/shared with the expert group after each round.
• The experts are allowed to adjust their answers after each round of questionnaires, based on their interpretation of "group responses"
• The final result will be a good consensus of group thoughts
• The Delphi method is a known process for compiling a group decision using a survey for a group of experts
• Experts know they are required to participate in several rounds of questionnaires, and their responses are shared with other experts
• The experts are encouraged to continue to adjust their answers as they see fit, after each round of questionnaires, based on their interpretation of the "group responses" provided to them.
• The ultimate result will represent a true consensus view of the group decisions.