Strategy

Power Digital Business with Decisions, Business Rules and Predictive Analytics

Digital business provides new revenue and value-creating opportunities, helping organizations to: Improve customer engagement and retention with next best action marketing. Process more claims faster and more accurately. Reduce the cost and difficulty of regulatory compliance. and more. Next Best Action Digitizing, personalizing and improving customer interactions is critical to business growth, customer retention and […]

When Big Data Falls Short, Decision Modeling Bridges the Gap

Looking back over the last decade, it is plain to see that Big Data exploded seemingly out of nowhere. From a strange new term to a household name overnight, Big Data undoubtedly has more to offer in the coming years, but how to extract its many secrets? The Business Intelligence industry as a whole may […]

Analytics – An Overwhelming Shift to Decision Making

It’s clear when you analyze analytic capabilities that there are three main reasons people use analytics: A need to report on some aspect of the organization. A need to monitor the organization’s behavior or performance. A need for the organization to make data-driven decisions. As part of our recently completed research on the analytic capability landscape, we […]

Analytics Capability Landscape Research Report and Infographic

We have just published the Analytics Capability Landscape Research Report and Infographic. This new research report looks at the increasingly broad portfolio of analytic capabilities available to enterprises today asking the real question – what situations need which capabilities, who is the target user for these capabilities, and how can this portfolio of capabilities be […]

Upcoming Webinar: Analytics Maturity Curve or Landscape? Your Questions Answered

November 6, 2014 2 pm ET/11 am PT Register here. What’s the difference between the various analytic capabilities? How do I map available analytic capabilities to my business needs? What’s the right combination of capabilities for me now and in the future? What should I look for in each of these capabilities to make sure […]

Help us with some research on mobile platform capabilities

Sandy Kemsley (of column2.com fame) and I are doing some research into the potential for BPM and Decision Management technology in mobile application development. As part of this research we are gathering information on the use, development and support of mobile applications and we would like your help – we would like you to take our survey: […]

MITSloan Article: Four Traps of Predictive Analytics

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 […]

The Economist: Big Data, Little Decisions

There was a fascinating piece in the Economist last week – Little things that mean a lot. This piece really resonated with me – even the title sounds a lot like my mantra of “Big Data, Little Decisions” (you can see a selection of the articles and webinars I have given on this topic here). So what were the critical points Schumpeter made?

First the point that constant experimentation and rapid iteration is critical when trying to get value from all this data. Experimentation is often the skill we tell clients they most need to develop and we regularly stress the importance of putting in place the infrastructure and processes for ongoing decision results analysis. To maximize the value of big data and beco

Ugly Research: Data is easy, Deciding is hard

Tracy Allison Altman over at Ugly Research has a great new  white paper – Data is easy: Deciding is hard – in which she quotes me (thanks Tracy). It’s a great paper and makes what I think is the critical point – that you don’t need a data culture but a decision culture. And I would add that you need this at every level – strategic, tactical and operational. The paper has some great advice and I would add a couple of additional thoughts:

For decisions you make often – some tactical and all operational decisions for instance – build a decision model so you know how you think you are going to/should make the decision moving forward. Here at Decision Management Solutions we use the new Decision Model and Notation (DMN) Standard and our modeling

Two live events in July on Predictively Enabling Your Organization

I am presenting at four evening events in July on Predictively Enabling your Organization. Sponsored by Predixion, these events will introduce you to predictive analytics and will share practical tips on how to leverage predictive analytics to improve results across your business. I’ll discuss the power of Predictive Analytics, how to get started and how to scale across your organization.

There are four events and you can request registration here for any of them.

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