Decision Modeling

Join us on April 7th for Our Free Webinar on Decision Modeling

How Decision Modeling Reduces Complexity in Regulated Industries Please join us on Wednesday, April 7, 2021 from 10:00 am – 11:00 am PST, 1:00 pm – 2:00 pm EST, to learn about how decision modeling can help your business teams articulate their most important decisions to help drive continuous improvement and greater efficiencies at scale. […]

Top Three Items for Your 2021 To-Do List

Our world looks very different today than it did nine months ago, and so does your business. As one of the most turbulent years in recent history comes to a close, it’s critical in these uncertain times to prepare for the future. With the pandemic still in full play and economic uncertainty across nearly every […]

Triple Threat: A Trio of Decision Modeling Tales of Terror

By Gagan Saxena, VP Solutions and a Principal Consultant, Decision Management Solutions   Decision modeling can be a “good-enough” representation of business problems, providing adequate information for automating decisions. And even if there may be a good reason for not automating every single decision, you would not be confident of those reasons unless you’ve done some level […]

Beware the 80% Trap: Avoid the “Big Bucket o’ Rules” Approach to BRMS

By James Taylor, Founder and CEO, Decision Management Solutions One of the classic tools for decision automation is a business rules management system, or BRMS. While these systems are powerful and effective when used correctly, many companies fail to apply best practices when using them. Here’s one of our favorite horror stories about a well-intentioned […]

Machine Learning BACKWARDS – A Conversation with Eric Siegel

Eric Siegel and I had a great discussion about doing Machine Learning BACKWARDS recently – you can watch the recording below or on our YouTube Channel. Eric, if you don’t know, is the founder of Predictive Analytics World, a leading consultant, and author of “Predictive Analytics“. You can also check out Eric’s new Coursera class. This […]

Decide to Decide Digitally: New Forrester Research

Mike Gualtieri and Boris Evelson of Forrester recently published a great new paper Introducing AI-Powered, Human-Controlled Digital Decisioning Platforms (subscription or payment required) and you should get access to this paper and read it now. It’s got some great content and recommendations and is well worth your time and money.  It follows on from previous […]

Technology Transformation Antipatterns and how they derail decisioning success

Sven Blumberg, Thomas Delaet, and Kartikeya Swami of McKinsey Digital published a great paper recently – Ten ‘antipatterns’ that are derailing technology transformations. Technology has a crucial role in enabling this faster and more flexible approach. In our experience, however, technology does not get sufficient attention on the executive agenda. This is a serious flaw […]

COVID-19: Increase transparency (Part 3)

Following up on part 1 and part 2, McKinsey’s Jump-starting resilient and reimagined operations highlighted how COVID-19 will rapidly increasing expense transparency in organizations. Increasing transparency generally is one of the key benefits of our approach to working with clients – our use of decision modeling and business rules technology often dramatically increases the general […]

COVID-19: Accelerate Digitization (Part 2)

Following up on part 1, McKinsey’s Jump-starting resilient and reimagined operations also talked about the impact of COVID-19 in accelerating end-to-end digitization. Many organizations were on this journey already but the need to support remote customers and remote workers has really accelerated it. The thing about end to end digitization is that you must digitize decisions […]

COVID-19: It’s time to transform (Part 1)

A recent McKinsey paper titled Jump-starting resilient and reimagined operations had some great advice for operational executives working on re-starting and reimagining their operations for a COVID-19 world. In particular, it identified 5 themes that will share post-COVID-19 recovery efforts in operations: Building operations resilience Accelerating end-to-end digitization Rapidly increasing expense transparency Driving the future […]