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Applying Decision Analysis When Faced With 1,000 Decisions
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Junior Achievements Plans to Meet Objectives Despite Recession and Uncertain Times
Junior Achievement of Southeast Texas (JASET), the leader in youth financial literacy, will reach its goal to increase its student body to 260,000 in the next few years. Decision Strategies Inc. (DSI) conducted strategic analysis for JASET to insure the goal will be met, despite, the economic recession which has affected the availability of volunteers and donations. DSI of Houston, Texas contributed over $500,000 worth of consulting services by assisting the JASET Board of Directors during this challenging period. After extensive research and interviews, several strategies were developed and evaluated based on JASET's objectives. Decision Strategies was able to quantify uncertainties and risk in the environment and JASET was able to make decisions on strategies based on the level of uncertainty. Further, JASET now has multiple courses of action within its strategy so it can adapt to possible changes in the economic environment. The new strategy calls for initiatives in scholarships, volunteers, education programs, Board of Directors composition, messaging and funding. By implementing the new strategy, Junior Achievement should meet its targeted goal of 260,000 students by 2013.
About JA Worldwide® (Junior Achievement)
JA Worldwide is the world's largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Junior Achievement programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities.
JA's unique approach allows volunteers from the community to deliver our curriculum while sharing their experiences with students. Embodying the heart of JA, 384,925 classroom volunteers worldwide transform the key concepts of our lessons into a message that inspires and empowers students to believe in themselves, showing them they can make a difference in the world. For more information, visit www.ja.org.
