Comments on: Decision Management focuses on Microdecisions for Macro Impact

By: Decision Management and Insurance – Apply Smarts to Underwriting — JT on EDM

Wed, 16 Feb 2011 16:15:57 +0000

[...] operational level, where analytic insights are helping the company achieve its strategy every day, customer transaction by customer transaction. “Smart underwriting is receiving a bigger share of funding for analytics in many insurance [...]

By: Manager Newz » Blog Archive » Why Should You Invest In Your Lowest Level Employees?

Mon, 14 Feb 2011 13:39:28 +0000

[...] The first thing this reinforced for me was that operational decisions matter – that little decisions add up. Although these staff only make decisions that have a small individual impact, they make so many that they have a huge cumulative impact. The micro decisions they make have a macro impact. [...]

By: Investing in your lowest level employees with Decision Management — JT on EDM

Investing in your lowest level employees with Decision Management — JT on EDM — Fri, 11 Feb 2011 17:14:50 +0000

By: Here’s how to put strategic thinking into action — JT on EDM

Here’s how to put strategic thinking into action — JT on EDM — Thu, 06 Jan 2011 17:19:33 +0000

[...] For more on this topic, see this article on making operational decision making an asset, this series on a decision-centric organization and this article on micro decisions and their macro impact. [...]

By: Five Ways Predictive Analytics Cuts Enterprise Risk #pawcon — JT on EDM

Five Ways Predictive Analytics Cuts Enterprise Risk #pawcon — JT on EDM — Tue, 19 Oct 2010 13:52:19 +0000

[...] Eric recapped by emphasizing the importance of predictive analytics in assessing micro risks and in playing a critical role in risk management. I have written before on the power of analytics to manage risk by risk and this one on micro-decisions. [...]

By: Analytics and the myth of the aha moment — JT on EDM

Analytics and the myth of the aha moment — JT on EDM — Thu, 30 Sep 2010 14:26:20 +0000

[...] about analytics, don’t think about aha moments, think about the operational, transactional, micro-decisions that drive your front-line systems and think about how analytics could make each of those decisions [...]

By: James Taylor's Decision Management

James Taylor's Decision Management — Wed, 04 Aug 2010 16:19:34 +0000

On the importance of experimentation…

The McKinsey Quarterly had an article today on Ten Tech-enabled business trends to watch and number 5 caught my eye -Experimentation and big data. As the authors say What if you could analyze every transaction, capture insights from every customer……

By: Guest intelligence at Target — JT on EDM

Guest intelligence at Target — JT on EDM — Mon, 12 Apr 2010 23:07:50 +0000

[...] each decision and empower them to specify how to make the decision instead while breaking down into micro-decisions (one per store in this case). Target even go as far as using supply chain data to constrain how [...]

By: Use decision management to make systems smarter » JT on EDM

Use decision management to make systems smarter » JT on EDM — Fri, 05 Jun 2009 16:01:45 +0000

[...] on improving the operational decisions that drive the day to day aspects of your business. These micro decisions can and should be improved with analytics and this makes a huge difference because these little [...]

By: Here’s how to build on Business Analytics » JT on EDM

Here’s how to build on Business Analytics » JT on EDM — Wed, 01 Apr 2009 05:15:05 +0000

[...] I break up this decision into lots of micro-decisions and get more targeted, more personalized, more [...]