Table of Contents | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
|
...
This image is an example of the weightings applied to a document.
Step 1: Establish
...
importance
This is how we establish the importance of a document:
Alignment with Organizational Goalsorganizational goals: Evaluate how well each document supports the core objectives of the Organization.
Impact on Decision Makingdecision making: Assess the influence of each document on key business decisions.
Scope of Influenceinfluence: Determine whether the document impacts the entire Organization or specific departments.
Compliance & Regulatory Requirementsregulatory requirements: Identify documents required for legal or regulatory adherence.
Stakeholder Interestinterest: Gauge the importance of documents to key stakeholders, including investors, management, and employees.
Step 2: Rate
...
each document
For automatic weighting, we use a scoring model where each criterion is rated on a predefined scale (e.g., 1-5). For manual validation, you can involve stakeholders in scoring each document against these criteria through surveys or workshops and adjust their weightings.
Example Scalescale:
1: Very Low
2: Low
3: Medium
4: High
5: Very High
...
Defined Weights:
You can update document weighting standards in Settings > Documents
Alignment with Organizational Goals: 30%
Impact on Decision Making: 25%
Scope of Influence: 20%
Compliance and Regulatory Requirements: 15%
Stakeholder Interest: 10%
The total score must be 100%
Step 4: Calculate Weighted Scores
...
To compare the importance across documents, we normalise the scores so that they are relative to each other. This can be is done by dividing each document’s score by the highest score or by summing all scores and dividing each by the total.
...
Example of a Weighting Table (Hypothetical)
Document | Alignment (30%) | Impact (25%) | Scope (20%) | Compliance (15%) | Stakeholder Interest (10%) | Weighted Score | Normalised Score |
---|---|---|---|---|---|---|---|
Strategic Plan | 5 | 5 | 5 | 4 | 5 | 4.85 | 1.00 |
Business Plan | 4 | 4 | 4 | 3 | 4 | 3.90 | 0.80 |
Marketing Strategy | 3 | 3 | 3 | 1 | 3 | 2.65 | 0.55 |