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There is a great article from Bain and Company from 2013 that Elena Makurochkina (@elenamdata) pointed me to today – Infobesity: The enemy of good decisions. This is not only a fabulous phrase – infobesity feels viscerally correct as soon as you see it – but a great article too. Some quotes: Companies have overindulged in information. Some [...]

Sometimes Scott Adams just nails it and late last year I saw this great strip on The Generic Graph. Work with analytics long enough and you see something akin to this – something Mychelle Mollot of Klipfolio called Building a One-size-fits-all Dashboard – one of the 6 mistakes she talks about in this article that she pithily summarizes as the “this sucks for [...]

I am giving a webinar on How to Scale Your Decision Management Program Wednesday December 16 at 10am Pacific/1pm Eastern Learn from leading organizations who are broadly deploying decision management and decision modeling at scale. These organizations have learned valuable lessons about using decision management technologies, rolling out the approach and adopting decision modeling. This webinar gives [...]

I got a chance to hear Roger Burlton and Sasha Aganova of the Process Renewal Group talk about a recent case study of theirs concerning risk and management and processes. This is a hot topic of course with new regulations and new requirements for financial services firms. Compliance with these risk management regulations, though, can’t be seen [...]

Final session today focused on systems and architecture for Big Data Analytics. It began by talking about the friction between business and IT and how this is increasing, especially around information and analytics where business users want to be able to work with data without worrying about IT. This creates challenges for IT specifically: The [...]

I am giving an online class Introduction to Decision Management in three 90 minute sessions November 17,18,19 Decision Management allows the effective automation of decision-making combined with increased business agility and greater effectiveness. Decision Management is a proven approach for adopting business rules and predictive analytics technology. Used with these technologies, Decision Management improves risk management and [...]

I have been thinking a lot about using decision modeling for advanced analytic projects recently as we have several clients in this area as well as a number of users of DecisionsFirst Modeler in this space. So much so I thought I would do a white paper of the week  for our paper on Framing Analytic [...]

I am giving an online class Introduction to Decision Management in three 90 minute sessions August 25,26,27 Decision Management allows the effective automation of decision-making combined with increased business agility and greater effectiveness. Decision Management is a proven approach for adopting business rules and predictive analytics technology. Used with these technologies, Decision Management improves risk management [...]

Our Partner Azinta is running a Decision Management and Decision Modeling class in the UK in July: Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for projects that integrate process models, business rules and predictive analytics.  Watch [...]

I am giving a session at this year’s Building Business Capability conference on “Lessons Learned from the Real-Life Deployment of Decision Management at Scale“at 8:00am on the Friday of the show. With initial success adopting decision management technologies, large, global, organizations have begun rolling out decision management and decision modeling using the new Decision Model and Notation [...]

Paul Harmon of BPTrends had an interesting post last month – What Techniques Should a Process Methodology Support? – that made me want to make a pitch for decision modeling as a core technique for process modelers. In his article he quotes a friend as saying that this friend “didn’t include Decision Management (or Business Rules) in process, [...]

A long time ago I came across a company called Erudine and blogged about the Erudine Behaviour Engine. At that time, Erudine came out of the defence, aerospace and nuclear power industries where the slightest mistake can lead to disaster. Today, Erudine’s more recent focus has been in the banking, financial services and investment sectors. [...]

I am giving a webinar on “Framing Analytic Requirements with Decision Modeling” April 2, 9am Pacific/Noon Eastern: One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. Established analytic approaches such as CRISP-DM stress [...]

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Finally style-based: With a clear understanding of the [...]

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Next up role-centric: Decision-making problems can be solved [...]

#IBMInsight Internet of Things

Jake Porway came back to talk about the coming explosion of data. With the Internet of Things, drones and more sensors everywhere, our current view of “big data” is going to seem quaint in the not too distant future. So much more data is going to come flooding in we have to adopt new technologies and new [...]

I am often asked to give a business or an IT perspective on Decision Management. As part of some recent work with SAS on Decision Management we created two decision management videos – one aimed at business users and one at IT professionals: For Business Users an interview between Fiona McNeil of SAS and me on SAS® Decision Manager Insights: A high-level [...]

Decision modeling as part of the requirements phase or iteratively during agile projects makes it easier for business users to fully participate in Drools implementations and maintenance. If you missed our webinar, Engaging Business Users with Drools, the presentation and webcast are now available. In the webinar Mariano De Maio, CTO of Drools experts Plugtree and I present how [...]

Michael Fitzgerald wrote a great piece of the MIT Sloan Management Review this week – The Four Traps of Predictive Analytics. Michael saw me present at an event for Predixion in Boston and then went on to chat with me a couple of times. It’s a great piece, highlighting four critical issues around predictive analytics: The [...]

This week’s white paper is an oldie but goodie – The Case for Centralized Customer Decisioning An Imperative for Every Channel, Every Interaction Marketing understands customers better than any other single group, and should own customer treatment decisions. As marketers strive for a genuine dialogue with their customers, an interactive and personalized experience that builds brand [...]