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Posts Tagged: Strategy
A use case for Digital Decisioning in the Military

A use case for Digital Decisioning in the Military

The military is also a very large organization. Like all large organizations it has a whole raft of back-office processes around its supply chain, training, and force management. Digitizing decision-making in these sorts of processes has proven able to make them more effective, quicker to execute and less wasteful while also reducing fraud risk. Applying digital decisioning here would allow the military to devote more of its resources to combat operations while sustaining the advanced logistical infrastructure that a modern military needs.

Decide to Decide Digitally: New Forrester Research

Decide to Decide Digitally: New Forrester Research

Mike Gualtieri and Boris Evelson of Forrester recently published a great new paper Introducing AI-Powered, Human-Controlled Digital Decisioning Platforms (subscription or payment required) and you should get access to this paper and read it now. It's got some great...

COVID-19: Drive the future of work (Part 4)

Following up on part 1, part 2, and part 3, McKinsey's Jump-starting resilient and reimagined operations discussed the impact of COVID-19 on the future of work. We are already seeing radical changes in how people work, especially with remote collaboration and other...

What the Future Holds for Decision Optimization

A Guest Post by Neill Crossley, ACIB James, thank you for the opportunity to guest blog in your series on Decision Optimization. First to introduce myself….. I’m a veteran of 35 years in Retail Financial Services, 25 of which working in Decision Management, the last...

New Analytic Approaches in Decision Optimization

There’s a lot you can do right now to optimize your decisions. You can model your decision-making to understand it better, experiment to gather data about what works and for whom. You can engage in continuous improvement, making small changes regularly. And you can...

COVID-19: Time to adapt your operations for the new normal

When you’re in the midst of a crisis, it can be hard to think past your short-term response. But, as a leader, your primary focus needs to be on the long term. … Your time should be dedicated to planning for the future. You need to anticipate the obstacles that will...

Optimal Decision-Making

Improving decision-making is often complex, involving many trade-offs. Mathematical models will help get you to optimal decision-making.

Using Technology to Reduce Operating Costs in Insurance

Using Technology to Reduce Operating Costs in Insurance

In February, we published a blog post on “Using Technology to Add Value in Insurance”. That post, referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question?, in which he states that there are only three levers of...

What is an Acceptable Analytic Failure?

What is an Acceptable Analytic Failure?

Many speakers on predictive analytics, machine learning (ML) and AI talk about the need to allow data science teams to fail. Without failure, without a willingness to fail sometimes, it’s very hard to build a successful data science program. This is true and often a barrier for companies that find it hard to accept that not all analytics initiatives succeed.

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