Tuesday, July 17, 2012

A simplified decision making tool K.M.E.D.T By Stella Evelyne Tesha

K.M.E.D.T is a simplified decision making tools that can be used by anyone under any circumstances. K.M.E.D.T stands for Knowledge, Money, Enjoyment, Development and Time. The idea is to ask yourself the following questions before making the decision and follow with action. Knowledge: Is the action benefiting my knowledge negatively or positively? Money: Is the action earning or losing money? Enjoyment: Does the action contribute to my enjoyment? Is it enjoyable? Development: Does the action contribute to individual(s) development directly or/and indirectly? Time: Would it be more beneficial to use the time doing something else? Or the same thing somewhere else? The total value of K.M.E.D.T is 500 points. That is K=100 M=100 E=100 D=100 and T=100 While analysis an action you want to take, first answer the previous questions of K.M.E.D.T honestly to yourself. Each Yes=100 Each No=0 If an answer is both Yes and No, the value is 50. E.g. I asked my daughter to evaluate the K.M.E.D.T value of waking up early and going to school every day, here is what she gave me: K=100 M=50 E=50 D=50 T=50 Total Value = 300. Any value above 50% is worth taking the action. Any value below 50% is not worth taking the action. Another example is taking drugs, an individual’s analysis may look like this: K=0 M=0 E=100 D=0 T=0 Total value = 100 As a tool K.M.E.D.T is simple and straight forward. It can be processed by the mind in less than 5 minutes. The tool can also be used in office environment, academic, at home and other places. Example. Disagreeing with the wife: K=0 M=0 E=0 D=0 T=0 Total Value = 0 The alternative decision may well lead to a total value of 500. K.M.E.D.T evaluates and gives a number value to consequences beforehand. It can also be used for risk analysis on minor or major situations. Thank you, Stella Evelyne Tesha