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operational decisions

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The three legged stool - business, analytics, IT

October 25, 2010 by James Taylor
with 1,976 views
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I was inspired to write something this week on the need to get people to collaborate by a post Jim Harris wrote called The Business versus IT—Tear down this wall! and the response Gary Cokins made in That Wall Dividing IT and Users. Both Jim and Gary make the point that collaboration between business and IT organizations and people is... [read more]

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Analytics and the myth of the aha moment

September 23, 2010 by James Taylor
with 1,935 views
5

I often hear people talk about analytics, especially advanced analytics like data mining or predictive analytic modeling, as though the value comes from "aha moments". Sudden moments of clarity, defining moments, where the analytics deliver some piece of dramatic insight that enables a company to see some fantastic new market... [read more]

The opportunity for opportunity analytics

June 16, 2010 by James Taylor
with 886 views
0

Some time ago Neil Raden and I did some research on analytics. It was clear as we did this that there were two main threads of analytic use in companies - risk analytics and opportunity analytics. I blogged before on the use of analytics to manage risk one risk at a time so I thought I would write about opportunity analytics. Risk... [read more]

Risk by risk - a decision-centric approach to risk management

February 10, 2010 by James Taylor
with 425 views
0

  Risk management is an important topic for many organizations, especially those in financial services. Most of these organizations acquire risk one customer, one transaction at a time - this customer is not going to be able to pay (risk), this transaction is fraudulent (risk), this deal will not make money in the prevailing... [read more]

Operational decision making as a corporate asset

January 27, 2010 by James Taylor
with 735 views
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I often tell companies and other organizations that they should treat decisions and decision making as assets. In Smart (Enough) Systems, the book I wrote with Neil Raden, we said Operational Decision Making as a Corporate Asset If operational decisions must be made well for your organization to deliver on its strategy, they can’t... [read more]

Operational decision making as a corporate asset

January 20, 2010 by James Taylor
with 691 views
0

I often tell companies and other organizations that they should treat decisions and decision making as assets. In Smart (Enough) Systems, the book I wrote with Neil Raden, we said Operational Decision Making as a Corporate Asset If operational decisions must be made well for your organization to deliver on its strategy, they can’t be... [read more]

Is the Speed of Decision Making Accelerating?

July 20, 2009 by Paul Barsch
with 247 views
0

As the forces of globalization continue to connect and intertwine commercial and financial markets, and new technologies come online in the marketplace, the time between “event” and “action” is rapidly closing. In the past, managers could take weeks or days to make important decisions, however to effectively compete globally, some... [read more]