Posts tagged as:

Business

More on replacing COBOL with something useful

February 10, 2010

Lisa posted an interesting comment on an old post of mine (Why don’t you replace COBOL with something useful (not Java)) in which she make some interesting comments:
I understand your last point that using a declarative “model” such business rules would be preferable to replace legacy COBOL applications instead of using a procedural language.
Indeed. [...]

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Is your legacy modernization program just “forward to the 70s”?

February 4, 2010

Syndicated from ebizQ

Phil Murphey, over at Forrester, had a post on  Apps Modernization – What are Your Top Priorities in 2010/11? that reminded me I wanted to write about modernization a little before the year got too far advanced. As Phil says the coming years are going to be really interesting:
Leading edge technologies will become [...]

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New article on smarter systems

February 3, 2010

My latest column on BR Community has been published – “Smarter Systems:  Action-oriented, Flexible, Predictive, Learning,”
Business Rules Journal, Vol. 11, No. 2 (Feb. 2010), URL:  http://www.BRCommunity.com/a2010/b524.html
Enjoy

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A decision-centric platform supports collaboration

January 29, 2010

Syndicated from ebizQ
This week I am discussing the characteristics of a decision-centric platform.
Finally the platform must allow effective collaboration between all the various groups involved in decision making. The IT department that runs the operational systems, the business people who make decisions and set policy, the executives who drive strategy and even the analytic team [...]

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A decision-centric platform delivers traceability

January 28, 2010

Syndicated from ebizQ
This week I am discussing the characteristics of a decision-centric platform.
Because compliance is essential in decision making, the traceability of decisions and decision making logic to the organization’s objectives, regulations and policies is essential. Business users changing decision making must understand how that change will impact the organization, how it supports the organization’s [...]

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Decision-centric organizations focus on decisions

January 20, 2010

Syndicated from ebizQ
The first critical characteristic of a decision-centric organization, obviously enough, is a focus on decisions instead of processes or functions. The decisions an organization makes, the actions it selects from the possible alternatives are critical. Decisions are what make strategy real and drive results and performance against metrics. Implementing a strategy defined at [...]

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A predictive enterprise

December 18, 2009

Syndicated from ebizQ
I was reading an old SPSS presentation the other day and found a great definition of a Predictive Enterprise:
A predictive enterprise:

Derives maximum value from its data assets
Understands its business by gaining deep insight
Leverages advanced analytics to predict outcomes
Turns this knowledge into action to optimize decision making across all areas of its operations

I [...]

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Webinar: What is an enterprise rule repository and do I need one?

November 29, 2009

[ December 9, 2009; 10:00 am to 11:00 am. ] Another webinar in the ongoing series this fall. There is growing consensus among business rule practitioners and thought leaders regarding the importance of the rule repository in developing a scalable, sustainable business rule management capability. This session will provide an overview of business rule repositories and identify the three “must have” capabilities for supporting [...]

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A decisioning elevator pitch

November 24, 2009

Syndicated from ebizQ
So you’re the CIO of a Fortune 500 company and you step into an elevator with your CEO. He asks why the board should approve your seven figure Decision Management budget request. What’s your “elevator pitch” for decisioning?

Is it that decisioning can change the basic assumptions of your business – decoupling growth, revenue [...]

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Analytic truth and myth

November 19, 2009

Alison Bolen posted a nice list of analytic truths, or perhaps myths, on the SAS blog today and asked what people thought. I was, of course, unable to resist:

To make analytics successful, the CEO has to have a personal interest in it. MYTH
While it is true that the only companies I see who have made [...]

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KPI framework for a competitive edge

November 12, 2009

I am hosting a panel on Predictive Analytics at the Business Analytics Summit and I got a chance to attend a session beforehand where Dave Stodder presented on performance management and Key Performance Indicators.
Dave began by emphasizing that performance management is both a business and IT issue and that it needs to [...]

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Smarter systems for uncertain times – #brf keynote

November 5, 2009

I gave a keynote at the Business Rules Forum today on Smarter systems for uncertain times.  I gave the presentation without slides and had planned to use my notes as a post but, as the notes ran to 5,000 words, I have decided to write a white paper based on them instead!
To keep you going [...]

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Analytics in the executive suite – a #PBLS panel

October 28, 2009

Syndicated from BeyeNetwork
I am at the Premier Business Leadership Series, SAS/BetterManagement.com’s event, and I got to attend a great panel on Analytics in the Executive Suite. Barbara Pindar of Aeropostale, Eric Webster of State Farm Insurance, Cameron Davies of Disney and Keith Collins of SAS made up the panel. Each panelist gave [...]

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Webinar: Capture your complex business rules by asking pragmatic questions

October 23, 2009

[ November 17, 2009; 10:00 am to 11:00 am. ] The sixth webinar in the series. Decisioning rules can come by the hundreds or thousands.  These rules often involve large number of criteria. How do you capture that many business rules with so many variations without going crazy?  This presentation outlines a pragmatic approach based on developing business questions to create complex decision tables.  These [...]

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Corticon launches RulesWorld – free software

October 19, 2009

Cost, time and expertise are obstacles to business rules adoption. Corticon’s recently announced RulesWorld is designed to let individuals prove the value of rules without cost or risk. RulesWorld is an online community supplying learning materials, samples and forums as well as access to the software itself. All of this at no cost. Users can [...]

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Some thoughts on rules, decisions, agility and more

October 9, 2009

Syndicated from ebizQ
I got an interesting comment on my recent post about the top 4 concerns of CIOs.
Joanne makes a number of points in her comment that I thought should be addressed:
a business rules engine is not nearly enough. What is needed instead is a means to model manage and measure the impact of a [...]

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Bare essentials of making rules work

October 5, 2009

Jim Sinur and Dave McCoy of Gartner hosted a quick session on making rules work at the Gartner BPM show. With only 30 minutes this was quick and dirty and the audience was overwhelmingly people completely new to business rules (though not to BPM). Dave outlined his 5 pieces of advice:

Ignore standards
While it would be [...]

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Decision management and the top 4 concerns of CIOs

September 29, 2009

Syndicated from ebizQ
I was reading an article on The top 10 CIO concerns and I was struck by the first four:

Business productivity and cost reduction
IT and business alignment
Business agility and speed to market
Business process re-engineering

It seemed to me, reading this list, that all four of these were concerns that could be addressed [...]

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Looking at code from both sides with business rules

September 18, 2009

Syndicated from ebizQ
Sharon Machlis had a great piece over on Computerworld titled Opinion: I’ve looked at code from both sides now on her experience of being a developer on a project where she was usually a user. It’s an interesting experience that she describes and I was struck particularly by a couple of comments. First, [...]

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Decision-intensive process management for .Net

September 14, 2009

My friends at InRule have an interesting announcement today – they are partnering with a SharePoint-based Business Process Management Solution called ShareVis. The combination of SharePoint with ShareVis and InRule will, I believe, help companies take SharePoint from document management to forms automation and ultimately to real process management. The combination, still in its early [...]

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