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Business Framework: Delphi Method
Project request submitted by Dave Tracy
What is the Delphi Method?
The Delphi method from T.J. Gordon, Olaf Helmer, and Norman Dalkey is a technique that can be used to structure a group communication process to deal with a complex problem. The Delphi Method is based on the Dialectical Inquiry approach: Thesis (establishing an opinion or view), Antithesis (conflicting opinion or view) and finally Synthesis (a new agreement or consensus). The synthesis then becomes the new thesis. It helps to build consensus about a particular complex topic. Without the necessity for the contributors to meet in person. A panel of experts formulates a set of hypotheses about the future state of the topic in question. These are distributed to the participants. Their anonymous comments then get integrated into modified hypotheses. The iterative process continues until consensus is achieved on the hypotheses.Origin of the Delphi Method
Of course, the method originates from the modus operandi of the Greek Oracle at Delphi. The modern Delphi concept was a spinoff of defense research. "Project Delphi" was the name given to a Rand Corporation study, starting in the early 1950s, and sponsored by the US Air Force. The study concerned the usage of expert opinion. The objective of the original study was to "obtain the most reliable consensus of opinion of a group of experts ... by a series of intensive questionnaires interspersed with controlled opinion feedback". A 1964 report (by Gordon and Helmer) assessed the direction of long-term trends in science and technology development. The report covered such topics as scientific breakthroughs, population control, automation, space progress, war prevention and weapon systems.Usage of the Delphi Method
Fowles (1978) describes the following ten steps for the Delphi method:
These presentations are next in line to be developed.
The Consulting Presentation Framework is a set of guidelines commonly used by top tier management consultancies. These guidelines specify the font styles, basic grammar rules, and usages of various sections of the slide—most notably the Headline, Title, and Bumper (see diagram below). Following this framework ensures a professional and uniform look throughout your business presentation.
This framework is used to create business presentations that focus on content (e.g. boardroom presentations, market research presentations, final deliverables). It is generally not used for presentations that have minimal content and require a companion voiceover (e.g. Venture Capital pitches).