Stacey Matrix

The video tutorial introduces a contingency-based decision-making tool, focusing on a matrix that categorizes decisions based on two variables: certainty and stakeholder agreement. It explains how to graphically represent decision zones, ranging from simple to chaotic scenarios, and discusses the implications of each zone on decision-making efforts. The tutorial concludes by emphasizing the importance of categorizing scenarios to aid in effective decision making.

What are the two key variables in the matrix used for contingency-based decision making?

• Cost and benefit

• Risk and reward

• Time and resources

• Certainty and stakeholder agreement

In a simple decision-making scenario, what is the level of certainty and stakeholder agreement?

• Low certainty, high agreement

• Low certainty, low agreement

• High certainty, low agreement

• High certainty, high agreement

What characterizes a political decision-making scenario?

• High certainty, low agreement

• Low certainty, low agreement

• Low certainty, high agreement

• High certainty, high agreement

Which scenario is described by high uncertainty and high disagreement?

• Simple

• Chaotic

• Political

• Complex

Why is it important to categorize decision-making scenarios?

• To reduce costs

• To increase certainty

• To improve stakeholder relationships

• To assist in choosing the best course of action