Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    6 Min Read
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: On supporting decision management and collaborative decision making
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > On supporting decision management and collaborative decision making
Uncategorized

On supporting decision management and collaborative decision making

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Copyright © 2009 James Taylor. Visit the original article at On supporting decision management and collaborative decision making.Syndicated from BeyeNetwork
Timo Elliot had an interesting post Gartner on Collaborative Decision Making in which he discussed a report from Gartner called The Rise of Collaborative Decision Making (and thanks to Nic Smith of Microsoft for the link). […]


Copyright © 2009 James Taylor. Visit the original article at On supporting decision management and collaborative decision making.

Syndicated from BeyeNetwork

Timo Elliot had an interesting post Gartner on Collaborative Decision Making in which he discussed a report from Gartner called The Rise of Collaborative Decision Making (and thanks to Nic Smith of Microsoft for the link). This kind of ad-hoc, collaborative decision making is critical in companies and technology to support it is thin on the ground. In fact this was the topic of an Andrew McAfee post, The Diminishment of Don Draper in which he made the point that unsupported, gut, expert or oracular decisions have some serious limitations:

More Read

Long Tail vs. The Blockbuster
Think Different
Human-Computer Information Retrieval in Layman’s Terms
IBM Will Take Varicent for Sales Performance Management
Where “semantic” technology is or isn’t important
  • Opaque – you can’t explain them
  • Not amendable – they are take it or leave it propositions
  • Not disconfirmable – there’s no explanation of how they are made that can be analyzed
  • Not revisited – because there is no way to “edit” them

This prompts two thoughts. The first is that the kind of technology David Ullman has been working on (Accord, reviewed here) is worth considering for this kind of collaborative decision making. A decision supported by Accord would be transparent – you could see why you decided the way you did – as well as editable over time so that new data, or new options, could be integrated and evaluated.

The second is that these same characteristics are true of decision made by your front line staff when they interact with your customers. They often can’t explain them, not that anyone really asks, and they tend not to be amendable because the customer moves on afterward, happy or not. There is no way to analyze the thought process of these staff and so no way to revisit them to devise a better approach in the future. And these issues are more serious because we are not talking about the executive team (complete with lots of experience, assistants and analysts, deep business understanding etc) but about your least experienced, lowest paid staff.

In this second scenario one effective approach is to use Decision Management to put the decision making into your systems – into Decision Services that support your systems to be precise. Embedding the policies, regulations and best practices that you want applied as rules and using the data you have to drive analytic models with simply outputs (scores, for instance) gives better decisions to the front-line while ensuring transparency and an ability to analyze your decisions and learn what works so that you can constantly improve.

So figure out how to help your executives and managers collaborate around decisions effectively and use Decision Management to ensure you know what’s going on at the front line.


Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
Analytics Big Data Exclusive
data driven businesses
How Data-Driven Businesses Choose Storage That Reduces Risk and Drag
Big Data Exclusive
Operational Data Becomes Business Value in the Age of AIoT
Operational Data Becomes Business Value in the Age of AIoT
Big Data Exclusive Internet of Things
growth guide
Growing Smarter: The Role Of Strategic Partnerships From Startup To Scale
Infographic News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Public Cloud Provides Most Data Security for Financial Services Firms

5 Min Read

Google: News Timeline

5 Min Read

Data Breach Lawsuits Revived: Court Turns in Favor of Consumers

6 Min Read

See you at the US Teradata User Conference 2009

3 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?