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decisioning technology

The power of business analytics

March 17, 2010 by James Taylor
with 655 views
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  I recently presented at IBM's CIO Leadership Exchange on the power of business analytics. With 300+ of IBM's top CIO customers this was a great event and it is clear that CIOs the world over are keen to adopt business analytics. They recognize, I believe, that they are the custodians of all this data and that business analytics... [read more]

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

February 10, 2010 by James Taylor
with 425 views
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  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]

Rational versus Emotional Decision Making

February 2, 2010 by Gary Cokins
with 1,228 views
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  Human brain researchers have determined that the more that is on one’s mind, then the more likely one will make an emotional decision rather than a rational one. Could this provide an explanation why so many decisions by managers and employees continue to seem irrational? As background, the brain researchers conducted an... [read more]

Operational decision making as a corporate asset

January 20, 2010 by James Taylor
with 691 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 be... [read more]

First Look – Scorto

January 5, 2010 by James Taylor
with 129 views
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Copyright © 2010 http://jtonedm.com James Taylor I caught up with a new (to me at least) decisioning platform recently. Scorto works with credit organizations to manage credit risks and make objective decisions when selling mass credit products. They offer what they refer to as decision support (but I would call blended decision... [read more]

Make Better Decisions

November 17, 2009 by James Taylor
with 151 views
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Copyright © 2009 James Taylor. Visit the original article at Make Better Decisions.Tom Davenport published a new article recently in the Harvard Business Review titled Make Better Decisions. In it he gives some examples of bad decisions and asks why this decision-making disorder? First, because decisions have generally been viewed... [read more]