18th
December
2008
Dick Lee had an interesting post titled We Know Where We’re Going, But IT Can’t Get Us There. He made a number of points of which three stood out: Business often fails to communicate effectively to IT Poor process definition…
Read more
posted by James Taylor in Business Rules, Decision Management |
17th
December
2008
Wrapping up my responses to John Schmidt’s post on Customer Centricity with a discussion of Mass Customization. John describes this as managing trade-offs and building sophisticated models to customize your response to each and every customer based on their value…
Read more
posted by James Taylor in Analytics, Business Rules, Decision Management |
16th
December
2008
Inspired by a post of Jim Sinur’s – Can the Business Really Use BPM Technologies Without Help? – I started thinking about the decision management corollary: Can the business use decision management technology without help?
Regular readers will know that I often refer to the dirty secret of business rules:
Business users don’t want to “maintain rules” [...]
Read more
posted by James Taylor in Business Rules, Decision Management |
8th
December
2008
Fred Cummins had a post on the topic of measuring agility in which he gives two ways to assess how well SOA supports agility.
When a business change is considered
how many services must change to accommodate the new business requirements
for services that change, how significant are the changes
It is this second point that interests me. When [...]
Read more
posted by James Taylor in Business Rules, Decision Management |
5th
December
2008
Mike Kavtiz wrote a nice post on Agile SOA: Empower the Business with Business Rules Engines. One of the things his post shows, however, is that business process notations don’t do a good job with decisions. Mike has to annotate his diagram to show where he used rules. He could have considered one or more [...]
Read more
posted by James Taylor in BPM, Business Rules, Decision Management |
18th
November
2008
Recently, Ronan Bradley discussed the challenges for banks in the area of compliance, given the rapidly changing environment. He made three specific points with which I agree and that I think shows the value of a decision management approach for banks and others facing an unknown but difficult regulatory environment in the next year or [...]
Read more
posted by James Taylor in Analytics, Business Rules, Decision Management |
7th
November
2008
An old friend sent me a link to an article on the Financial Times – How to survive an IT squeeze. I was struck by a couple of quotes:
Scarcity of capital will generate increased competition for the cash that is available. Consequently it will be even more important that businesses do everything they can to [...]
Read more
posted by James Taylor in Decision Management |
30th
October
2008
Michele Edelman of Discover presented on Building Blocks of Decision Management: “Tools to Rule”. Michele spends a lot of time educating people inside Discover and her team use sources like McKinsey to show executives why EDM matters. For instance, a report on top 10 macro-economic trends:
Centers of economic activity will shift profoundly not just globally [...]
Read more
posted by James Taylor in Analytics, Business Rules, Decision Management |
28th
October
2008
I am at the EDM Summit this week and will be blogging live from some of the sessions and posting random thoughts and comments in addition. Despite the difficult market conditions, attendance looks good with a nice full room for the keynote and attendees from 17 countries. This year’s event also has a dozen new [...]
Read more
posted by James Taylor in BPM, Business Rules, Decision Management, Strategy |
14th
October
2008
An old colleague of mine, Vaughn Merlin, had a really interesting post this week When Strategy Becomes Continuous. It’s a great post and he makes three key points:
IT strategy is not the point – it’s all about business strategy.
Much ’strategy’ effort is not very strategic.
Strategy formulation and execution are too loosely coupled.
He then quotes [...]
Read more
posted by James Taylor in Decision Management, Strategy |