What is the Delphi Method? And How to Use the Delphi Method.

The video explains the Delphi method, a forecasting and decision-making tool developed by the Rand Corporation in 1969. It highlights the method's ability to eliminate biases through anonymity and structured rounds of questioning. The process involves selecting a diverse panel of experts, designing clear questions, and iterating until consensus is reached. While the method is effective in certain contexts, it requires careful management and can be resource-intensive. The video also discusses the importance of diversity and the potential biases that can arise if not properly managed.

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