Lisa Kart, Roy Schulte and Teresa Jones of Gartner recently published Find the Best Approach to Decision Management. It’s a great piece and if you are a Gartner subscriber you should definitely read it and share it around your organization. Even if you are not you should seriously consider getting it from Gartner as it makes a solid case for Decision Management. Obviously I am not going to copy and paste it here but here’s the outline they provide with some commentary on my part about resources here on the blog or at Decision Management Solutions that might help you (Gartner outline in italics, my comments not)
The piece starts off with a nice description of Decision Management. If you want more background on this you could try my books (
As part of our ongoing “Meet our Partners Series” I caught up with Juergen Pitschke of BCS, a Decision Management Solutions partner. Juergen and I are giving a webinar on April 1 – Getting Started with Decision Management.
Please describe your current role and title and tell us a little about your company
I’m Juergen Pitschke the founder of BCS, a European consulting company specializing in Business Process Management and Enterprise Analysis.
BCS is recognized for its outstanding methodological support of different standards and methods. This allows us to address the needs of our customers in an unique way. Our customers also value our “engineering” approach to busine
Read the new article on Modern Analyst on Creating and Managing Executable Decision Models by our CEO James Taylor and Open Rules CTO Jacob Feldman. Decision requirements models allow business analyst, architects and decision designers to describe the decision-making they need. When these models are combined with business-friendly decision tables, non-technical domain experts can represent […]
Last week I emphasized four key facts about legacy modernization. To move forward you need to find the legacy code that represents business decisions such as a pricing engine (what price is this product for this customer), eligibility logic (is this customer eligible for this offer or service), approval rules (can this claim be auto-approved) and replace those parts of the application with Decision Services.This week I am going to walk through the 5 steps involved in this kind of decision-centric legacy modernization (and don’t forget we have a webinar on legacy modernization coming up with our partner TechBlue).
- Analyze the code to find and isolate the decisions.
The first step is to find the pieces of legacy code that make decision
After our successful webinar last week I wanted to highlight the various resources for those using Decision Management and Business Rules to develop compliant systems. Compliance, and the need to automate compliance across multiple processes and systems, drives many organizations to adopt business rules and Business Rules Management Systems. Combining this technology with a Decision Management approach (and with Decision Modeling) helps build compliance into every process, every system and meet 5 key challenges in compliance.
Welcome to Part Two of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management. Jan and I are also giving a webinar on Agile and Cost Effective Financial Compliance: Going Beyond Business Rules with Decision Management February 13, 2014 at 10:00 am EST.
How does Decision Management address compliance challenges beyond what business rules technology offers?
The operational checks and actions required when processing trades, positions and instruments mandated by regulatory strictu
Well it’s official – the Object Management Group’s Board of Directors has voted to publish the Decision Model and Notation (DMN) specification. You can see the press release here. Decision Management Solutions is excited to be a submitter for this new standard. As I say in the press release:
“Decision modeling is transforming how organizations adopt powerful technologies such as business rules and advanced analytics to automate and improve their decision-making. The Decision Model and Notation (DMN) standard provides an open and effective specification for this emerging practice. Decision Management Solutions is committed to supporting and using DMN and we’re delighted that the standard has been adopted and garnered broad support among OMG members.”
If you are interested in this standard and how it can complement proce
Decision Management is a powerful approach to implementing business rules and analytics. Decision management is currently being used successfully in many decision centric applications such as next best action, marketing offer selection, fraud detection and instant credit decisions but decision management has not yet had the standards and tool set needed for widespread adoption. With […]
We are looking forward to a great week at the Building Business Capability (BBC 2013) Conference #BBCcon! Stop by our booth at P8 and ask us your questions about your Decision Management and Decision Modeling. Today: Tuesday, November 12 at 9:00 am Register for James’ tutorial on “Modeling Decisions to Put Big Data Analytics to Work […]
Earlier this week we announced our expanded partnership with BCS – Dr. Juergen Pitschke, specialists in standards-based enterprise modeling based in Dresden, Germany. BCS has also joined our new Decision Management Solutions Alliance Program. Alliance members support the recently published Decision Management Manifesto. BCS is certified to help clients with decision management adoption, decision modeling with our DecisionsFirst […]
- Analyze the code to find and isolate the decisions.