School of Business News, University of Otago, Dec 2003
A new software program designed to provide more accurate rankings of alternatives or individuals and better decision making, Point*Wizard [1000minds] is the brainchild of Paul Hansen from the Department of Economics and software developer, Franz Ombler.
Points systems are used in decision-making situations in which there are hundreds or even thousands of alternatives or individuals to be ranked, often on an ongoing basis. They are used in a wide variety of applications, including diagnosing and prioritizing patients for treatment and managing waiting lists; selecting immigrants; choosing employees and appraising their performances and admitting students to restricted courses.
Once decision makers have chosen the criteria and categories for a particular points system, Point*Wizard allows the preferences of decision makers to be represented exactly. The program can also be used to rank or choose the best from a relatively small group of alternatives or individuals, perhaps on a one-off basis. Applications might include choosing the best location for a building, the best car to buy, or the best employee to hire or promote.
[Point*Wizard changed its name to 1000minds in 2006.]
Make the best decision, every time
1000minds is proud to help organizations and individuals around the world improve their decision-making processes and discover customer preferences. The ‘secret spice’ behind our innovative approach is our award-winning, patented PAPRIKA method, which makes the process simple, smart and fun!
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