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The RutDel Methodology

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Modified Delphi Technique Set to obtain the most reliable consensus of opinion among a group of experts Characteristics Iteration Controlled feedback Statistical ... – PowerPoint PPT presentation

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Title: The RutDel Methodology


1
The RutDel Methodology
  • Presented by Danielle Lombardi

2
Outline
  • Introduction
  • Process
  • Results
  • Conclusion

Rutgers Business School
3
What is RutDel?
  • Modified Delphi Technique
  • Set to obtain the most reliable consensus of
    opinion among a group of experts
  • Characteristics
  • Iteration
  • Controlled feedback
  • Statistical aggregation
  • Desired outcome
  • Predict what a well coordinated audit may look
    like in approximately 5 to 10 years
  • Participants
  • A total of 8 participants

Rutgers Business School
4
Process
  • Brainstorming session
  • Two smaller groups
  • Each group has identical questions individuals
    in a group have different questions
  • i.e. Audit process (ways to change the way we
    audit e.g. create automatic confirmations through
    database to database)
  • Questions are passed around and thoughts expanded
    from the prior
  • Group ranks questions/ideas
  • Discuss

Rutgers Business School
5
Process (2)
  • Questionnaire session
  • Two rounds
  • First round is unstructured
  • Participant to rank 12 questions, each currently
    and in 10 years from now
  • Results are tabulated and discussed by the group
  • Second round asks the same 12 questions and
    participants are free to change rankings based on
    group discussion
  • Results are tabulated with the intention of a
    smaller range of ranks
  • Timely questions
  • Participants to suggest most important questions
    to discuss during next session

Rutgers Business School
6
Results
  • Mostly all ranges minimized
  • The questions which experienced an increased
    range will be further investigated
  • Confusion among group in interpreting the
    question either before or after group discussion

Rutgers Business School
7
Rutgers Business School
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Rutgers Business School
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Rutgers Business School
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Rutgers Business School
11
Conclusion
  • Overall success
  • Website
  • The Future of Audit
  • Intend to re-perform the technique at least
    annually

Rutgers Business School
12
  • Questions?

Rutgers Business School
13
  • Thank you!

Rutgers Business School
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