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Jim Sinur of Aragon Research just published The Decision Management Framework Delivers Better Decisions (subscription required): This research note defines the Decision Management Framework (DMF) so that business and IT leaders will be more equipped to make beneficial decisions for their organizations. The DMF can be applied to a wide range of business scenarios. It […]
I am often asked about the difference between decision support systems and decision management systems for decision automation. All decisions involve a choice, a selection of a course of action from a set of alternatives and generally result in an action being taken, not just knowledge being added to what’s known. Decision Management Systems, unlike […]
Many organizations today are investing heavily in data projects to improve data-driven decision making. But paradoxically most of these projects don’t consider decisions explicitly. Data projects usually begin with data capture before understanding what data will be useful, for what action and for what benefit. Without understanding the decision making that will improve business performance and […]
Get out of the reporting quagmire, be explicit about decision making with decision modeling and integrate analytics in BI and operational systems. We’re Not There Yet “The activities of analytics teams and the investments made to support them aren’t in sync with what executives expect or desire.” International Institute for Analytics, February 2017 “If analytics does […]
Many organizations are keen to improve data-driven decision making with predictive analytics but they are trapped by operational demands for traditional BI reporting and dashboards. They are asking how do they get “there” – better data-driven decisions – from “here” – traditional BI reporting and dashboards. This challenge is readily addressed with decision modeling and modern […]
We talk a lot about the power of predictive analytics*. Data-driven decision making is the goal, but to get there, organizations need to learn how to extract actionable information from their data. We also talk a lot about how this is different from traditional business intelligence (BI), where the focus is on historical reporting. But […]
Everyone wants to make better data-driven decisions. Reporting is getting in the way. Everyone wants to make better data-driven decisions. Many companies are using reporting to support decision making but their ability to do so is bogged down. There are too many reports, resources are committed to existing reports and the link from reports to […]
The next session of our popular live online training courses in Decision Management and Decision Modeling with DMN are now posted: Introduction to Decision Management August 25-27, 2015 Decision Management allows the effective automation of decision-making combined with increased business agility and greater effectiveness. Decision Management is a proven approach for adopting business rules and predictive […]
July 2, 2015, 6:30 pm Microsoft Campus, Mountain View, CA I am speaking on A New Approach to Defining BI Requirements at the Bay Area Microsoft BI User Group on July 2nd I will introduce the core concepts of DMN and show how it can be used to drive more effective requirements for BI, dashboard, and analytic projects. You’ll […]
May 28, 2015 10:00 am PDT, 1:00 pm EDT Register Here. Advanced Analytics is not just for data scientists anymore. Many businesses adopt their analytics by degree of complexity, limiting business professionals to reporting and dashboard views of their business. But recent research has found that with modern tools and techniques it is of much […]