decision support system

Some thoughts on decision terminology

January 30, 2012

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

Decision Management is an approach for supporting, automating, managing and improving decisions.

Decision Management Systems are systems that automate and manage repeatable decisions.
Decision Support Systems support people manage decisions, both repeatable and one-off.

To build [...]

Read the full article →

Some thoughts on the levels of automation of a decision

November 18, 2011

A recent post on the IBM Good Decisions Blog – When Should You Automate a Business Decision? contains a list of ten levels of automation from a paper by Parasuraman, Sheridan and Wickens (available to IEEE members here). This set of 10 levels runs from 1 (computer offers no assistance) to 10 (computer acts autonomously). [...]

Read the full article →

Transformation in the era of big data and analytics #iod11

October 25, 2011

Steve Mills opened up the discussion talking about Big Data, making the point that the art of the possible when it comes to data has been growing steadily for many years – though the current explosion in data is pretty impressive. For instance 1.3B RFID tags in 2005 and 30B in 2010, 4.6B mobile phones [...]

Read the full article →

Fiserv are looking for a Decision Management Architect

March 3, 2011

A client of mine – Fiserv in Norcross GA – is looking a Decision Management Architect. This individual will be required to:

Partner with Fiserv Business Units and 3rd parties/partners to lead and facilitate the definition of a robust & scalable technical architecture foundation for the solution that would meet business requirements and vision of the [...]

Read the full article →

Two more analytics jobs

February 22, 2010

I recently spoke to an interesting company getting serious about analytics and looking for some staff. Drop me a line james@decisionmanagementsolutions.com if you are interested and I will forward your resume along:

Data Mining / Analytics Business Analyst
Senior Business Analyst with data mining and predictive analytics experience to lead the establishment of a decision support system [...]

Read the full article →

The answer to too much information and limited understanding is decision management (not experts)

July 7, 2009

Syndicated from BeyeNetwork
The Evidence Based Management blog had a post on Why experts are so often wrong that discusses a book by Philip Tetlock (Expert Political Judgment: How Good Is It? How Can We Know?)
In a world filled with expert predictions that are mostly incorrect, and filled with people who eagerly seek such predictions even [...]

Read the full article →

From Decision Support to Action Support

April 13, 2009

I often write about the difference between decision support systems and the kind of systems that result from applying decision management – decision management applications. For instance, this post on To Hell with Business Intelligence, try Decision Management and this interview with Dan Power. Last week I came across a great way to describe the [...]

Read the full article →