decision modeling

Don’t bite off more AI than you can trust

Many, most, companies are actively considering using AI in their business, but few are making much progress. Some of this is due to a poorly defined approach. Some is due to confusion as to what AI means – mixing conversational AI (a user experience technology) with decision-making AI (an extension of predictive analytics and machine […]

Personalizing Insurance Marketing with Decision Management

A key way for insurers to respond to disruption in the insurance market is to more effectively personalize their marketing. Targeting prospects and especially customers with unique, personalized messages is a way for traditional carriers to be “disruptive”. Indeed there are those who see personalization—reaching customers with targeted messaging, offers, and pricing at just the […]

Delivering the Business Value of Analytics

Learn three critical success factors in delivering business value from your advanced analytics investments. Many organizations still struggle to get a business return on their investment on advanced analytics. The biggest barrier? An inability to integrate analytics, especially predictive analytics, into frontline systems and business processes. Work with a number of global companies has revealed […]

Don’t Use Executable Decision Models – Part 4

This is the final part in my series on why we don’t recommend using executable decision models. Part 1 discussed the problem of additional model technical complexity required for executable models, resulting in business users disengagement. Part 2 detailed the challenges of reuse and maintenance with an executable model, and Part 3 outlined how executable […]

Don’t Use Executable Decision Models – Part 3

This is the third of four posts in my series on why not to use executable decision models. Part 1 discussed the difficulty in sustaining business user engagement when using executable models, and part 2 outlined the challenges of reuse and maintenance with executable models. Reason #3: Analytics and AI We are using decision models to […]

Don’t Use Executable Decision Models – Part 2

This is the second in my series on why not to use executable decision models. Part 1 discussed the importance of business user engagement and the challenges posed by executable decision models. Reason #2: Maintenance Most tools and methodologies focused on executable models are focused on getting to version 1, not on maintenance. This is, […]

Don’t Use Executable Decision Models – Part 1

Here at Decision Management Solutions, we are big believers in decision models using the DMN industry standard notation. We’ve modeled over 3,000 decisions around the world and we’ve trained over 1,000 people in decision modeling. We use decision modeling on all our projects and have done since 2011, before there was a standard. We use […]

Aragon Research: Decision Management Platforms

Jim Sinur of Aragon Research just released a new report: Decision Management Platforms Sharpen Decision Outcomes for Enterprises An organization’s ability to execute superior decisions will be a huge differentiator in today’s ever-changing business environment. Currently, enterprises are faced with the challenge of making faster decisions, despite the limited skill base to assist more frequent […]

Decision Management Gaining Traction With Leading Analyst Firms

In the last year or so we have seen Forrester, Gartner, Aragon and IDC all talking explicitly about the power of Decision Management: Roy Schulte of Gartner was talking Decision Management and decision models at the Gartner Data and Analytics Summit last week and recently said Stop talking to business leaders about technology and, instead, […]

How to Succeed with AI – New Leading Practice Brief

To succeed with AI, focus on decisions, not a separate initiative. As companies invest in AI technologies, it is clear a technology-led approach does not work. To get business value from AI, companies should focus AI efforts on improving business decisions. A recent survey of executives adopting Artificial Intelligence (AI) provides critical context for companies […]