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A talk given to the Society of Decision Professionals by Somik Raha on Jul 23, 2014
Abstract: When we hear “values,” we interpret it in three different ways: cultural norms, metrics for tradeoffs (if you happen to be a decision analyst), or distinguishing between means and ends (if you’ve read “Value-Focused Thinking”). This talk will share a fourth way of hearing the term “values,” offering an interpretation of values as “meta-strategy” by understanding intrinsic purpose. Exploring intrinsic purpose is unfamiliar territory, and stories will be shared on how such an exercise helped unlock the creative juice of an organization, gave dignity to their work and transformed their frame. Along the way, a $2 million portfolio turned into a $30 million portfolio. That story and other experiments in mapping the values of organizations will be shared. A reformulation of the six elements of decision quality along the head and heart dimensions will also be offered.