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
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Decision management and the top 4 concerns of CIOs
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 > Decision management and the top 4 concerns of CIOs
Uncategorized

Decision management and the top 4 concerns of CIOs

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Copyright © 2009 James Taylor. Visit the original article at Decision management and the top 4 concerns of CIOs.

Syndicated from ebizQ

I was reading an article on The top 10 CIO concerns and I was struck by the first four:

  1. Business productivity and cost reduction
  2. IT and business alignment
  3. Business agility and speed to market
  4. Business process re-engineering

It seemed to me, reading this list, that all four of these were concerns that could be addressed by the use of decision management.

More Read

Enhance Your CRM Data to Sharpen Your Sales Pitch
BuzzGain
Enterprise Search is Green
New Momentum and the “Mafia of the Future”
Analytics Make Smart Grids Smarter
  1. Applying decision management allows more decisions to be automated. This improves business productivity by allowing those who used to spend their time making operational decisions to spend that time, instead, on higher-value tasks. Instead, for instance, of rubber-stamping every policy that comes in they can spend their time on the tricky ones. Automated decision-making saves time and money over manual processes both in terms of staff time and often in terms of fees for data – automated systems regularly show a return by only paying for external data or inspections when they will make a difference.
  2. Business rules, a core technology for decision management, is ideal for bringing …

Copyright © 2009 James Taylor. Visit the original article at Decision management and the top 4 concerns of CIOs.

Syndicated from ebizQ

I was reading an article on The top 10 CIO concerns and I was struck by the first four:

  1. Business productivity and cost reduction
  2. IT and business alignment
  3. Business agility and speed to market
  4. Business process re-engineering

It seemed to me, reading this list, that all four of these were concerns that could be addressed by the use of decision management.

  1. Applying decision management allows more decisions to be automated. This improves business productivity by allowing those who used to spend their time making operational decisions to spend that time, instead, on higher-value tasks. Instead, for instance, of rubber-stamping every policy that comes in they can spend their time on the tricky ones. Automated decision-making saves time and money over manual processes both in terms of staff time and often in terms of fees for data – automated systems regularly show a return by only paying for external data or inspections when they will make a difference.
  2. Business rules, a core technology for decision management, is ideal for bringing business and IT staff together to collaborate on the behavior of their system. Dramatically reducing the number of degrees of separation between developers and business people, a business rules driven approach helps drive business alignment.
  3. The same approach and technology dramatically improves agility. With business users able to make changes directly and effective, declarative technology to implement business logic companies can have systems that are easy to change and intensely agile.
  4. The power of decisioning to make processes simpler, smarter and more agile is real. Companies that adopt decision management in parallel with process management develop processes that are more streamlined, easier to evolve and more optimized. If you want to re-engineer a process, integrate decisioning.

There are, of course, other benefits to decision management, but I was struck by the degree to which decision management was relevant to the top 4 concerns listed.


Link to original post

TAGGED:decision management
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

protecting patient data
How to Protect Psychotherapy Data in a Digital Practice
Big Data Exclusive Security
data analytics
How Data Analytics Can Help You Construct A Financial Weather Map
Analytics Exclusive Infographic
AI use in payment methods
AI Shows How Payment Delays Disrupt Your Business
Artificial Intelligence Exclusive Infographic
financial analytics
Financial Analytics Shows The Hidden Cost Of Not Switching Systems
Analytics Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Decision management can improve warranty claims and customer experience

4 Min Read

Beat the Clock with Decision Management

5 Min Read

Here’s a couple of skills developers will need in the years ahead

4 Min Read

Information led transformation with decision management

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.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
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.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?