Some time back I came across an HBR article called Who Has the D? How Clear Decision Roles Enhance Organizational Performance (fee for full article) and I heard from a friend today that Bain was using this approach (see this Bain article for instance Who has the “D”?) as part of building what it calls [...]
decision analysis
Syndicated from ebizQ My friends at IDIOM had a great tweet today – @Intelligentform said: #Decisioning objective:nothing less than the removal of decision management from the SDLC – automated decisions should be managed as content I retweeted it (I’m @jamet123) but I thought it warranted a longer blog post about why this is a good [...]
On Monday I posted about Enterprise Application 2.0 and promised to return with some thoughts on how to get from Enterprise Application 1.0 to Enterprise Application 2.0. Let’s see: Expose core elements as services Identify and manage processes – hook up legacy and new services into new, more effective workflows Find and automate decisions using [...]
Shantanu Narayen of Adobe recently said “Engagement is the new business mandate” and when Denise Shiffman (author of The Age of Engage) spoke at a recent CMO summit she added: As I talk to customers, partners, and employees, it becomes increasingly clear to me that the health of a company relies on the extent to [...]
I got a chance to get an overview of the latest release of Oracle Real-Time Decisions, 3.0. This is the platform for real-time decisions on which various applications (for call center, web etc) are built and sold as part of the Oracle Applications suite. The vision of this product is to optimize “return on attention” [...]
ILOG, now an IBM company, is releasing the 7.0 version of their business rule management system (BRMS) family tomorrow (June 17th). Based on the demonstrations I saw, these mark a big step forward for the ILOG product range. I am going to post a full review tomorrow but I thought I would give everyone a [...]
Syndicated from ebizQ Robert Grossman had a nice post – Five Common Mistakes in Analytic Projects that made me think about the role of decision management in putting predictive analytics to work. Of Robert’s 5 mistakes, 3 are directly addressed by decision management: There is not a good plan for deploying the model Because decision [...]
Syndicated from BeyeNetwork Madeline Albright gave a great presentation at the SAS Global Forum in Washington DC this week. Several of her bon-mots are in the title but there were many others, some of which are below. Each of them struck me as relevant to readers of this blog: Facts not Fears Businesses all too [...]
Tom Davenport had an interesting post for 2009 – The Year Ahead: Make Better Decisions – and it prompted me to highlight a couple of things you should definitely be planning to do in 2009. Make a list of the key decisions that drive your business Conduct a decision audit, or hire me to, so [...]
One of the things I like to do on the blog is bring attention to those companies applying the principles of Enterprise Decision Management to deliver useful, smart enough systems. I recently came across Strategy DirectorTM from Stratagem Portfolio Services. This uses EDM to deliver analytics and strategy support for collections. The product is built [...]
Some time ago a regular reader, Dave Wright, left a comment on a blog post I wrote as a guest. In it he asked “What comes after EDM?”. This, of course, is both an interesting and a difficult question. Thinking about it I decided to split it into two parts – one about technologies [...]
