Energy and utilities

Better decisions for

ChangeManagingWe are all under continuing pressure to do more with less. Reducing emissions, improving operational efficiency, ensuring safety; these are just some of the drivers in today’s energy and utilities market. One thing is for sure, the world doesn’t stand still and change is ever-present. And the decisions you make are the foundation for that change.

High-impact Decisions

Prioritize projects

Procurement

Strategy development

Selecting exploration

sites

Technology selection

TransparentChoice helps you make better decisions that let you satisfy these business drivers more of the time, for more of your stakeholders.

TransparentChoice helps you make better decisions that let you satisfy these business drivers more of the time, for more of your stakeholders. Linking strategy to action

The decisions your team makes are the link between

strategy and action…

…and it’s how you make and communicate decisions that matters

TransparentChoice is software that leverages group knowledge to build understanding, alignment and confidence. This leads to both better decisions and stronger outcomes.

Valued by leading organizations around the world, TransparentChoice uses analytic hierarchy process (AHP), a decision-making methodology that originated at Wharton School of Business, to improve the quality of your decisions.

The decision itself is only part of the process, however. Getting buy-in to your decision from stakeholders is also vital if your decision is to be implemented. TransparentChoice delivers that buy-in through collaboration and consensus-building tools.

What is

Quick case study:

Energinet

National power-grid operator in Denmark

$1.6 bn in revenues

5 million end customers

Who

Project portfolio not aligned to corporate strategy

30% of projects are obsolete

75% of projects tagged as “top priority”, making resource allocation difficult

The problem

TransparentChoice helps executives explicitly define corporate priorities

Priorities used to drive project selection

Obsolete projects reduced from 30% to 0%

Every project now aligned with specific strategic goals or operational targets

Solution and results

TransparentChoice uses the proven AHP methodology to structure your decision using explicit criteria and goals. TransparentChoice makes your priorities both explicit and visible as a set of weighted criteria. This helps reduce bias in your decision and eliminates the “hidden agenda”.

Bringing together the views of different stakeholders helps identify areas of disagreement. Exploring these areas improves understanding and communication, leading to a better decision.

This collaborative process also helps build buy-in before your decision has even been made. This buy-in helps ensure strong implementation and a great outcome.

Scoring the possible outcomes of your decision against these criteria leads to a clear picture of the attractiveness of each option. The trade-offs you are making are explicit and you get a quantifiable measure of how robust your decision is.

Your decision is transparent and defensible.

How does TransparentChoice

work?

Project prioritizationProjects that are aligned with strategy are 54% more likely to succeed. TransparentChoice delivers this alignment, getting you more value from your portfolio.

Vendor selectionProcurement decisions involve trade-offs between both stakeholders and business drivers. TransparentChoice helps you make the best decision within this context, making it transparent, delivering more value to the business.

Oil and gas explorationTransparentChoice helps you combine different factors into a prioritization and scoring model that will help you pick the best exploration sites for your particular business.

Technology selectionPicking the right technology or design can be complex and can have long-lasting effects. TransparentChoice helps your team balance technical and organizational factors, leading to better outcomes.

Public consultationDiverse stakeholders often have different priorities and goals. TransparentChoice helps you understand these priorities and then helps you weigh your options in light of stakeholder input.

Use TransparentChoice whenever you have multiple stakeholders and several variables in your decision. Common use cases include;

Typical use cases

Contact us at:TransparentChoice LimitedideaSpace West 3 Charles Babbage RoadCambridge, CB3 0GT, UK

contact@transparentchoice.comPhone Americas: +1-781-609-7887Phone Europe: +44 1244 940 929

Follow us at:www.transparentchoice.com