O slideshow foi denunciado.
Utilizamos seu perfil e dados de atividades no LinkedIn para personalizar e exibir anúncios mais relevantes. Altere suas preferências de anúncios quando desejar.
@jamet123 #decisionmgt © 2016 Decision Management Solutions
James Taylor
CEOThe Role of Decision Models in
Analytic Excell...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 2
James Taylor
Decision Management Solutions
▶ We work with cl...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 3
Agenda
▶ Framing Analytic Requirements
▶ Operationalizing An...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 4
Magical Thinking About Analytics
A Miracle
Occurs
@jamet123 #decisionmgt © 2016 Decision Management Solutions 5
A Focus Only On Building Analytic Models
Results In A Danger...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 6
Decision Modeling Closes The Gap
Frame The Problem Build The...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 7
Decision Modeling:
Framing Analytic Problems
@jamet123 #decisionmgt © 2016 Decision Management Solutions 8
Challenges Framing Analytics Problems
Too many
iterations
Bu...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 9
Specific Analytic
Decision
Analytic Models
Overall decision ...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 10
Case: Framing The Problem Correctly
▶ Life insurance provid...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 11
Decision Modeling:
Operationalizing Analytic Solutions
@jamet123 #decisionmgt © 2016 Decision Management Solutions 12
Challenges Deploying Analytics
Analytic results are
priorit...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 13
Decision Models Ensure Analytic
Deployment
Tie the analytic...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 14
Case: Decision Models Improve Manual
Deployment
▶ Healthcar...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 15
Decision Modeling:
Orchestrating Operational Analytics
@jamet123 #decisionmgt © 2016 Decision Management Solutions 16
Decision Models Show The Balance
Between Analytics and Busi...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 17
External Data
Big Data
Business
Rules
Continuous
Improvemen...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 18
Case: Decision Models Improve Quality In
Manufacturing
▶ Ma...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 19
Decision Modeling:
Tracking Decision Performance
@jamet123 #decisionmgt © 2016 Decision Management Solutions 20
Decision Models Show How To Analyze
Analytic Effectiveness
...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 21
Decision Models Reveal Tracking Needs
Data Changes
Direct
O...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 22
Wrap Up
@jamet123 #decisionmgt © 2016 Decision Management Solutions 23
Decision
Don’t Leave Analytic Projects In The Dark
▶ Model ...
@jamet123 #decisionmgt © 2016 Decision Management Solutions 24
Next Steps / Q&A
▶ Any Questions?
▶ Contact Me
▶ james@deci...
Próximos SlideShares
Carregando em…5
×

de

The role of decision models in analytic excellence Slide 1 The role of decision models in analytic excellence Slide 2 The role of decision models in analytic excellence Slide 3 The role of decision models in analytic excellence Slide 4 The role of decision models in analytic excellence Slide 5 The role of decision models in analytic excellence Slide 6 The role of decision models in analytic excellence Slide 7 The role of decision models in analytic excellence Slide 8 The role of decision models in analytic excellence Slide 9 The role of decision models in analytic excellence Slide 10 The role of decision models in analytic excellence Slide 11 The role of decision models in analytic excellence Slide 12 The role of decision models in analytic excellence Slide 13 The role of decision models in analytic excellence Slide 14 The role of decision models in analytic excellence Slide 15 The role of decision models in analytic excellence Slide 16 The role of decision models in analytic excellence Slide 17 The role of decision models in analytic excellence Slide 18 The role of decision models in analytic excellence Slide 19 The role of decision models in analytic excellence Slide 20 The role of decision models in analytic excellence Slide 21 The role of decision models in analytic excellence Slide 22 The role of decision models in analytic excellence Slide 23 The role of decision models in analytic excellence Slide 24
Próximos SlideShares
Mind The Gap - Refinements to DMN 1.1 Suggested by Real-World Experience
Avançar

3 gostaram

Compartilhar

The role of decision models in analytic excellence

Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven decision-making. Effectively using these analytic technologies requires a disciplined focus on better decisions. Some organizations are using decision modeling, and the DMN standard, to achieve analytic excellence.

Livros relacionados

Gratuito durante 30 dias do Scribd

Ver tudo

The role of decision models in analytic excellence

  1. 1. @jamet123 #decisionmgt © 2016 Decision Management Solutions James Taylor CEOThe Role of Decision Models in Analytic Excellence
  2. 2. @jamet123 #decisionmgt © 2016 Decision Management Solutions 2 James Taylor Decision Management Solutions ▶ We work with clients to improve their business by applying business rules & analytic technology to automate & improve decisions. ▶ I have spent the last 14 years focused on the development of analytic applications using Decision Management ▶ Original DMN submitter ▶ Using decision modeling since 2011 ▶ Dozens of decision modeling projects and nearly 1,000 trained
  3. 3. @jamet123 #decisionmgt © 2016 Decision Management Solutions 3 Agenda ▶ Framing Analytic Requirements ▶ Operationalizing Analytics ▶ Orchestrating Operational Analytics ▶ Tracking Decision Performance
  4. 4. @jamet123 #decisionmgt © 2016 Decision Management Solutions 4 Magical Thinking About Analytics A Miracle Occurs
  5. 5. @jamet123 #decisionmgt © 2016 Decision Management Solutions 5 A Focus Only On Building Analytic Models Results In A Dangerous Gap
  6. 6. @jamet123 #decisionmgt © 2016 Decision Management Solutions 6 Decision Modeling Closes The Gap Frame The Problem Build The Model Operationalize The Solution
  7. 7. @jamet123 #decisionmgt © 2016 Decision Management Solutions 7 Decision Modeling: Framing Analytic Problems
  8. 8. @jamet123 #decisionmgt © 2016 Decision Management Solutions 8 Challenges Framing Analytics Problems Too many iterations Business Poor collaboration with business and IT partners Business value not the focus Too many distractions
  9. 9. @jamet123 #decisionmgt © 2016 Decision Management Solutions 9 Specific Analytic Decision Analytic Models Overall decision to be improved Decision Modeling Frames Analytic Requirements Regulations and Policies Data
  10. 10. @jamet123 #decisionmgt © 2016 Decision Management Solutions 10 Case: Framing The Problem Correctly ▶ Life insurance provider ▶ Decision model of life underwriting decision ▶ Identified that a planned medical risk prediction would not be usable ▶ Project was redirected ▶ No wasted effort
  11. 11. @jamet123 #decisionmgt © 2016 Decision Management Solutions 11 Decision Modeling: Operationalizing Analytic Solutions
  12. 12. @jamet123 #decisionmgt © 2016 Decision Management Solutions 12 Challenges Deploying Analytics Analytic results are prioritized, not business resultsIneffective deployment leaves analytics on the shelf Timeliness and sustainability are not considered
  13. 13. @jamet123 #decisionmgt © 2016 Decision Management Solutions 13 Decision Models Ensure Analytic Deployment Tie the analytic to the decision and to business results Show how the analytic impacts a business decision Use the decision context to frame deployment and sustainability needs
  14. 14. @jamet123 #decisionmgt © 2016 Decision Management Solutions 14 Case: Decision Models Improve Manual Deployment ▶ Healthcare insurance provider ▶ Developed a decision model for healthcare claims adjudication ▶ The model showed where and how to use a fraud analytic ▶ Increased usage ▶ Improved results
  15. 15. @jamet123 #decisionmgt © 2016 Decision Management Solutions 15 Decision Modeling: Orchestrating Operational Analytics
  16. 16. @jamet123 #decisionmgt © 2016 Decision Management Solutions 16 Decision Models Show The Balance Between Analytics and Business Rules Business Rules Analytics
  17. 17. @jamet123 #decisionmgt © 2016 Decision Management Solutions 17 External Data Big Data Business Rules Continuous Improvement ▶ Customers use multiple channels ▶ A common service suggests actions ▶ Using business rules and predictive analytics in combination ▶ These are continuously improved ▶ And managed by a decision model ▶ That contains channel-specific decisions that reuse common ones ▶ Automated with business rules and analytics Predictive Analytics Case: Decision Models Operationalize Next Best Action
  18. 18. @jamet123 #decisionmgt © 2016 Decision Management Solutions 18 Case: Decision Models Improve Quality In Manufacturing ▶ Manufacturing company ▶ Identified predictions of quality risk ▶ Could change task assignments ▶ Developed decision models around product quality ▶ Found opportunity to analytically focus daily activities of quality team
  19. 19. @jamet123 #decisionmgt © 2016 Decision Management Solutions 19 Decision Modeling: Tracking Decision Performance
  20. 20. @jamet123 #decisionmgt © 2016 Decision Management Solutions 20 Decision Models Show How To Analyze Analytic Effectiveness Decision Made Supporting Decisions Scores Business Results
  21. 21. @jamet123 #decisionmgt © 2016 Decision Management Solutions 21 Decision Models Reveal Tracking Needs Data Changes Direct Outcomes Indirect Outcomes Business Results
  22. 22. @jamet123 #decisionmgt © 2016 Decision Management Solutions 22 Wrap Up
  23. 23. @jamet123 #decisionmgt © 2016 Decision Management Solutions 23 Decision Don’t Leave Analytic Projects In The Dark ▶ Model Decisions ▶ Frame Analytic Requirements ▶ Operationalize Analytics ▶ Orchestrate Analytic Components ▶ Track Analytic Results
  24. 24. @jamet123 #decisionmgt © 2016 Decision Management Solutions 24 Next Steps / Q&A ▶ Any Questions? ▶ Contact Me ▶ james@decisonmanagementsolutions.com @jamet123 ▶ Free Papers ▶ bit.ly/IIAClarity ▶ More Information ▶ www.decisionmanagementsolutions.com ▶ Book ▶ Free chapter: bit.ly/RWDMFree ▶ www.mkpress.com/DMN/
  • JeffersonFernando3

    Jan. 3, 2018
  • slippery08

    Aug. 8, 2017
  • GeorgioMosis

    Aug. 6, 2017

Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven decision-making. Effectively using these analytic technologies requires a disciplined focus on better decisions. Some organizations are using decision modeling, and the DMN standard, to achieve analytic excellence.

Vistos

Vistos totais

4.280

No Slideshare

0

De incorporações

0

Número de incorporações

2.594

Ações

Baixados

0

Compartilhados

0

Comentários

0

Curtir

3

×