decision

Some thoughts on KDNuggets’ top trends ahead of Strata Hadoop NYC

Gregory over at KDNuggets had an interesting post with some Top Analytics and Big Data trends ahead of Strata Hadoop NYC Conference based on input from their readers. Three trends struck me: The challenge of communicating complex analyses to non-technical clients/partners We are having increasing success using logical decision models to show how data and analytics drive better […]

Interview on Ugly Research – Interview Wednesday: James Taylor on decision management, analytics, and evidence.

Interview Wednesday: James Taylor on decision management, analytics, and evidence. Tracy Altman (@EvidenceSoup), who I interviewed here, interviewed me for her blog recently. We talked decisions, decision management and analytics. You can find the interview on theEvidence Soup blog here. Enjoy.

Decision Management and a business perspective on Big Data

Check out this article – Business leaders need Rs not Vs: The 5 Rs of Big Data. I met Merritt,the author, at the TDWI Solution Summit on Advanced Analytics this spring. In the post, and in his subsequent work, he makes some great points. I really like his 5Rs and think they illustrate the power of […]

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

Live Event: BPM Panel at Siemens Innovations for Healthcare IT

I am participating on a Business Process Management panel at the Siemens Innovations for Healthcare IT event in Tampa, August 10-13.

I will be joined by Sandy Kemsley among others and we will be discussing the role of Business Process Management and Decision Management in addressing healthcare challenges, where we see these technologies headed in Healthcare, what examples and best practices we see in other industries that are relevant and much more.

You can get more information on the event here.

Cross-posted from JTonEDM.

40% discount on my book thanks to IBM Press

BY_Aq91CUAElXZbIBM Press is 10 years old this month and to celebrate all books and eBooks are 40% off through the end of July! You can buy my book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics and get this discount. Just buy it here and use discount code  Decision Management , , , , , , ,

Decision Management Systems Past and Future: A video

A short video in which I discuss the past and future of Decision Management as part of celebrating IBM Press’ 10th year.

I published Decision Management Systems:A Practical Guide to Using Business Rules and Predictive Analytics with IBM Press at the end of 2011 and you can but it direct from IBM Press here or amazon.com here Decision Management , , , , , , , , , , ,

Live Tutorial: Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics

I am giving a tutorial on Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics at this year’s Building Business Capability conference in the afternoon of Sunday November 2.

Decision Modeling has recently been added to the Business Analyst Body of Knowledge® Guide v3 while a new standard, the Decision Model and Notation standard, has also been released. Decision modeling with DMN complements existing process modeling techniques such as those using BPMN, extending process models to fully incorporate business rules and analytics.

Although based on years of experience with business rules and analytics, decision modeling is new to many analysts. This workshop introduces this powerful technique so that business analysts, enterprise architects and all those involved with business rules or analytic projects can use it effectivel

A Q&A on the role of decision modeling in analytics

Jim Powell just published a Q&A with me on Using Decision Management to Maximize Analytics. We covered a bunch of things:

  1. What, exactly,is decision management and what does it have to do with advanced analytics?
  2. What’s the history of decision management – where did it come from and does it work?
  3. What kind of decisions are we talking about here?
  4. These are not the decisions people usually focus on with analytics so how can you identify suitable decisions?
  5. Why do you need a new way to describe the analytic requirements of these decisions?
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