decision requirements

Building Business Capability Conference Starts Today #BBCCon

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 […]

Partnership with Investment Bank Specialists Lux Magi Announced

Today we announced our partnership with Lux Magi, specialists in mentoring the application of Business Rules, Business Decision Modeling and Business Decision Management Systems to investment banks. Lux Magi is based in London, UK.  Lux Magi will be a certified re-seller of DecisionsFirst Modeler and has also joined our new Decision Management Solutions Alliance Program. Alliance […]

White Paper of the Week: Decision Modeling for Business Rules Projects

As I am teaching a class on decision modeling this week, the white paper of the week this week is Decision Modeling for Business Rules Projects There is an emerging consensus that Decision Requirements Modeling is the best way to specify this decision-making. Decision Requirements Modeling is also central to a forthcoming standard, the Object Management […]

A Decision Model and Notation update – it’s submitted!

Well all our hard work has paid off and we submitted a proposed standard to the Object Management Group on Decision Model and Notation. This standard is intended to provide a standard business-friendly notation that can be used for initial decision requirements, for detailed decision models, and even to manage technical implementation of decisions in […]

White Paper of the Week: Decision-Centric, Intelligent Processes

I recently finished a new white paper Decision-Centric, Intelligent Processes. This was sponsored by Blueriq (formerly Aquima) and is available on their site here. Organizations, both commercial and governmental, are increasingly focused on their business processes. By modeling, implementing and managing business processes these organizations improve control, reduce costs and increase efficiency. Yet for all […]

A Practitioner Speaks: Requirements for analytic projects

Continuing to expand on the questions I asked Andrea Scarso co-founder and COO of MoneyFarm when I interviewed him I wanted to focus on the question “How, specifically, do you develop requirements for analytic projects?” “In my opinion, it is paramount to start from the single and specific decision needed. Then, with a top-down process, to analyze its component elements: hard data, […]

Here’s one effective way to avoid screwing up predictive analytic projects

There’s a great article over on Computerworld – 12 predictive analytics screw-ups. They asked some of my favorite data miners (John Elder and Jeff Deal of Elder Research, Eric Siegel of Prediction Impact and Dean Abbott of Abbott Analytics) what they saw as the top ways to screw up predictive analytic projects. The list of 12 […]

The role of decision modeling in a data-driven culture

I recently checked out The Evolution of Decision Making – How leading organizations are adopting a data-driven culture, a new white paper from the Harvard Business Review sponsored by SAS: People have long preached the benefits of relying on data and insights from business intelligence (BI) and analytics to help make better and timelier decisions. A reliance […]

Customer Data Platforms in Marketing Decision Management

My old friend David Raab just published a new white paper The Customer Data Platform: A new foundation for customer management (download for free with registration from ReachForce). In this paper David reiterates the power of marketing automation with some great stats on how much better companies that apply marketing automation perform when it comes to […]

The role of decision requirements in the analytical life cycle

Earlier this week I posted on the value of decision requirements modeling in analytic projects when it comes to coping with some of the analytic skills shortages people face. But this is not the only reason to focus on decision requirements if you are focused on predictive analytics and data mining.  In fact decision requirements modeling […]