decision requirements

I recently finished a new white paper Decision-Centric, Intelligent Processes. This was sponsored by Blueriq (formerly Aquima) and is available on their site here. Organizations, both commercial and governmental, are increasingly focused on their business processes. By modeling, implementing and managing business processes these organizations improve control, reduce costs and increase efficiency. Yet for all [...]

I gave a webinar today on Improving Analytics Results with Decision Modeling in association with the International Institute for Analytics. If you would like to see the recording, check it out here. We have also posted the slides to our Slideshare channel: Finally don’t forget the great white paper we have on Decision Modeling for [...]

Continuing to expand on the questions I asked Andrea Scarso co-founder and COO of MoneyFarm when I interviewed him I wanted to focus on the question “How, specifically, do you develop requirements for analytic projects?” “In my opinion, it is paramount to start from the single and specific decision needed. Then, with a top-down process, to analyze its component elements: hard data, [...]

There’s a great article over on Computerworld – 12 predictive analytics screw-ups. They asked some of my favorite data miners (John Elder and Jeff Deal of Elder Research, Eric Siegel of Prediction Impact and Dean Abbott of Abbott Analytics) what they saw as the top ways to screw up predictive analytic projects. The list of 12 [...]

I am giving the opening keynote “Smarter, simpler and more agile: Modeling decision requirements to simplify processes and effectively apply business rules” at the ATOS Dream (Dutch Requirements Engineering and Management) event September 12 in Houton near Utrecht. Organizations have long seen the value in modeling and managing business processes. Today thesis Adopting organizations are business [...]

My colleague at Decision Management Solutions, Gagan Saxena, has just posted on Designing User Experience with SAP Screen Personas. As he and I have worked more with decision modeling (or decision requirements models as they are sometimes known) we have found more and more uses for them. As you can see from the role of decision requirements modeling [...]

I recently checked out The Evolution of Decision Making – How leading organizations are adopting a data-driven culture, a new white paper from the Harvard Business Review sponsored by SAS: People have long preached the benefits of relying on data and insights from business intelligence (BI) and analytics to help make better and timelier decisions. A reliance [...]

I am giving a 30 minute webinar at 10:30am Pacific/1:30pm Eastern on August 1 on the 4 Ways Decision Modeling Creates a Data-Driven Culture. Decision modeling plays a key role as organizations transition to a data-driven culture. A recent Harvard Business Review survey revealed that data-driven decision-making is taking root in leading organizations and showing a [...]

The folks at Tableau have a nice little white paper 10 Tips to Create Useful & Beautiful Visualizations (registration required). Many of these are pretty straightforward, if still valuable reminders of best practice. I particularly liked Tip #1 – “tell a story” – as this is obviously critical for a powerful visualization. But I have one more [...]

Mychelle Mollot kicked off day 2 of the Analyst Insights event discussing the analytic skills gap. Only 1 in 10 organizations, she says, feel they have the tech skills they need while 3 in 4 students feel they lack the skills they need. Meanwhile 72% of academic institutions believe they generate employable graduates but only [...]

My old friend David Raab just published a new white paper The Customer Data Platform: A new foundation for customer management (download for free with registration from ReachForce). In this paper David reiterates the power of marketing automation with some great stats on how much better companies that apply marketing automation perform when it comes to [...]

Earlier this week I posted on the value of decision requirements modeling in analytic projects when it comes to coping with some of the analytic skills shortages people face. But this is not the only reason to focus on decision requirements if you are focused on predictive analytics and data mining.  In fact decision requirements modeling [...]

In conjunction with ASUG, the SAP user group,  I am giving a members only webinar on Managing and Evolving Decisions with DecisionsFirst Modeler and SAP Netweaver Decision Service Management, July 11 at 8am PT/11am ET. I am speaking with Carsten Ziegler, Architect and Chief Product Owner of SAP Netweaver Decision Service Management. Decision requirements models allow business analyst, [...]

There are lots of articles these days about the challenges of recruiting enough data scientists, predictive analytic specialists or data miner (whatever you call them). There’s not enough of them and it’s hard for most companies to compete with Google, Amazon, Facebook et al let alone political campaigns and startups. For most companies simply going [...]

Next session for me at FICO World is one focused on where customer decisioning is going. John Rymer of Forrester began by presenting some of the major trends found in a recent Forrester survey conducted for FICO: Customer modeling is getting much more sophisticated as companies try and understand large numbers of customers more precisely [...]

I am attending IBM IMPACT and this is a duplicate post for one running on the IBM IMPACT Blog. Business rules get everywhere – we have business rules in our user interfaces, in data quality, in business processes and more. But when organizations adopt a business rules management system they are focused on improving decision-making. [...]

Dave Millen came up to talk about the Process and Decision Management updates under the umbrella of Smarter Process. Big Data, cloud, social and mobile is driving change in the Smarter Process portfolio. In particular it means that process efficiency is no longer enough to guarantee success – you need processes that are effective also. [...]

I am a faculty member for the International Institute for Analytics and recently published two new briefs on how to use decision requirements modeling in the successful application of analytics, especially (but not solely) more advanced analytics such as data mining or predictive analytics. Decision Discovery for a Major Business Function This outlines how an organization [...]

I am giving a webinar on Managing and Evolving Decisions with DecisionsFirst Modeler and SAP Netweaver Decision Service Management, May16 at 7am PT/10am ET / 16:00 CET. I am speaking with Carsten Ziegler, Architect and Chief Product Owner of SAP Netweaver Decision Service Management. Decision requirements models allow business analyst, architects and decision designers to describe the decision-making [...]