One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. Established analytic approaches such as CRISP-DM stress the importance of understanding the project objectives and requirements from a business perspective, but most organizations do not apply a formal approach to capture this understanding in a repeatable, understandable format. Decision modeling closed this gap.
In this webinar you will learn how to use Decision Requirements Modeling for analytic project requirements in order to:
With the growing focus on using analytics to improve decision-making, it makes sense to drive analytic requirements in a decision-led way. A decision requirements model makes it clear how analytics can/should influence decision-making, where that decision-making fits in terms of business processes and systems, and which organizations will have to play a role in approving or using any analytic being developed. Constraints on decision-making like policies and regulations as well as the information available are likewise part of the model.
Recording Available to all Registrants
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June 10, 2015
09:00 PDT and 19:00 PDT
Companies are taking the next step from Business Intelligence to a truly intelligent business by integrating business analytics into their operations. Today's BI capabilities like reporting and ad-hoc query are rapidly expanding to a landscape of analytic capabilities that include visualization, data discovery and advanced analytics.
Business analysts are in a powerful position to help drive the successful adoption of these new capabilities. BA's can leverage their understanding of the business and how business analytics can drive business transformation and adopt new decision requirements methods and standards designed to support integration of business analytics in processes and systems.
Key learning points:
This free webinar is the first educational webinar offered in conjunction with the newly formed IIBA Business Analytics SIG - it is open to all. Introductory Level.
DecisionsFirst Modeler Tutorial Walkthrough - The tutorial covers every step in creating a first decision requirements model – from decisions to objectives, application context to decision requirements diagrams. The tutorial will also show you how to use the home page and search engine, change your account settings and more.
Decision Modeling for Decision Led Analytics - Learn how to get started quickly with decision modeling for success with selecting and adopting analytic capabilities for your organization. Organizations today are turning to analytic capabilities to drive decision-making. But with the different types of decisions that need to be made, multiplied by the different types of BI and analytic capabilities available, it can be difficult for organizations to choose the right capabilities for the situations at hand. Decision modeling with DMN is a proven technique that provides the needed framework for selecting and implementing analytic capabilities.
4 Key Benefits of Integrating BPMN and DMN: The landscape of process modeling has evolved as have the best practices. The smartest companies are using decision modeling in combination with process modeling. The principle reason is that decisions and processes are discovered and managed in separate, yet, interrelated ways. Decision Model and Notation (DMN) is an evolution of Business Process Model and Notation (BPMN) 2.0 into an even more powerful and capable tool set.
Analytics Maturity Curve or Landscape? Your Questions Answered - Our new research study looked at the increasingly broad portfolio of analytic capabilities available to enterprises today, from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc query to visualization, data discovery and advanced analytics. Enterprises adopt these technologies in different sequences and ultimately need a mix of these capabilities. Most, if not all, enterprises have a real business need for all of them. The real question is what situations need which capabilities, who is the target user for these capabilities, and how can this portfolio of capabilities be managed most effectively.
Engaging Business Users with Drools - Drools is a technically strong, high performance Business Rules Management System (BRMS). Drools has editors that can be configured so business analysts and business users can maintain and update business rules but many organizations trying to engage their business users in this way find that there are challenges in requirements gathering, implementation and navigation. In this webinar you will learn why decision modeling as part of the requirements phase or iteratively during agile projects addresses these challenges, making it easier for business users to fully participate in Drools implementations and maintenance. The webinar clip of the demostration of DecisionsFirst Modeler and JBoss Drools is posted to YouTube.
Getting Started with Decision Discovery - The path to a better bottom line is paved by large numbers of operational decisions made by people, by processes and by software applications. Systematically improving each operational decision - at scale - is at the core of Decision Management. Business Architects and Analysts identify, describe and model operational decisions in Decision Discovery. In this webinar, James Taylor, CEO of Decision Management Solutions, and Dr. Juergen Pitschke, Founder and Managing Director at BCS, will show you how to get started with Decision Management on your next application development or business process improvement project with Decision Discovery.
6 Opportunities for Business Improvement with Decision Management - What opportunities are you looking for to improve your business performance? In this webinar you will learn six opportunities that are readily available when you adopt a decision management approach to business rules and predictive analytics.
3 Reasons Why Decision Modeling with DMN Makes for Better Business Analysis Building a decision model using the new Decision Model and Notation (DMN) makes for better business analysis and improved system requirements. This webinar recording covers the three main reasons for defining decision requirements as part of an overall requirements process. You will also earn why you should model decision requirements, how to use DMN and how to get started quickly with decision modeling. You can also view the webinar presentation on slideshare.
An Introduction to Decision Management - Join James Taylor, CEO of Decision Management Solutions, and Dr. Juergen Pitschke, Founder and Managing Director at BCS Enterprise Modeling as they answer your most asked questions about Decision Management. 1) What is Decision Management? What is in scope? What is out of scope? 2) How can we describe Decisions? What is in the Decision Model and Notation standard?How are Decision Models related to other artifacts? 3) What does a method for Decision Modeling look like? 4) How do Decision Models impact process models? 5) How do Decision Models integrate into Enterprise Architecture? and 6) How do I get started? You can also watch the webinar clips on youtube.
Best Practices in Targeted Legacy Modernization in Government. This webinar details know how and best practices from extensive experience helping clients modernize their legacy systems with the targeted decision management approach. You will learn why you don’t need to modernize the whole application, why focusing on business rules is not enough; decision management is the essential ingredient, and how to use decision modeling to identify and scope targeted legacy modernization efforts. With Claye Greene of TechBlue. You can also read our brief on legacy modernization here.
Agile and Cost Effective Financial Compliance: Going Beyond Business Rules with Decision Management - Learn how to conquer complexity, improve agility, lower costs and measure ongoing effectiveness in financial compliance. Learn why a business rules driven approach is an advantage, but it's not enough in isolation; decision management is the essential ingredient. The webinar ncludes illustrations of how the decision management approach has been applied in compliance projects and a walkthrough of a real decision model from one of these. With Jan Purchase, Lux Magi.
The Decision Management Manifesto Explained - The Decision Management Manifesto lays out key principles of Decision Management - why decisions are central to your requirements process, why it makes sense to explicitly design decisions before applying technology. Using real world projects this webinar explains the rationale for each part of the manifesto and shows the value it can bring to your projects now and in the future.
Predictive Analytics in the Cloud: Opportunities, Trends and the Impact of Big Data - This webinar summarizes the resutls from new research. The webinar examines the opportunities for organizations to adopt cloud-based predictive analytic solutions, the drivers for adoption, the challenges and obstacles and the impact of big data on deployment choices and results. This independent research was sponsored by FICO, Lityx and SAP.
Decision-Centric, Intelligent Processes - Webinar, white paper and blog series. Decision-centric, intelligent processes are dynamic, flexible, transparent and adaptive. They deliver consumer-centric services that can respond to rapidly changing business conditions and complex regulatory environments while simplifying IT and leveraging scarce resources. Decisions, and the business rules to automate those decisions, play a critical role in delivering these processes. In this webinar you will be introduced to intelligent processes and their value, understand the role of decisions in these processes and learn about the Blueriq rules-driven business process management solution. You can also watch the demo portion on the webinar on youtube.
4 Ways Decision Modeling Creates a Data-Driven Culture. Decision modeling plays a key role as organizations transition to 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 positive return. As organizations seek to build a data-driven culture, decision modeling can play a critical role. In this 30’ webinar James introduces decision modeling and shows how the use of decision modeling.
Designing Smart Portals with Decision Management - How to design intuitive, relevant and personalized Portals using the power of Big Data, Analytics & Business Rules. Traditional Portals are geared towards presenting the best Information for users to make good decisions. Smart Portals are automating knowledge requirements as well as using the new class of Decision Management systems based on Business Rules Management Systems (BRMS), Data-Mining, Predictive Analytics and Optimization Suites.
Creating and Managing Executable Decision Models with DecisionsFirst Modeler and OpenRules®
Decision requirements models allow business analysts, architects and decision designers to describe the decision-making they need. When these models are combined with business-friendly business rules representations and representations of decision logic such as decision tables, non-technical domain experts can represent critical “know-how” accurately and precisely resulting in faster time to value and fewer errors. Add in the ability to navigate an existing implementation graphically, and these same users can find out when a change is required and where to make it. The combination of decision requirements models and business rules or executable decision models is a powerful capability. You can also watch the demo part of the webinar on youtube.