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
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    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
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Some Thoughts on Decision Terminology
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Business Rules > Some Thoughts on Decision Terminology
Business RulesDecision Management

Some Thoughts on Decision Terminology

JamesTaylor
JamesTaylor
2 Min Read
SHARE

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

  • Decision Management is an approach for supporting, automating, managing and improving decisions.
    • Decision Management Systems are systems that automate and manage repeatable decisions.
    • Decision Support Systems support people manage decisions, both repeatable and one-off.
  • To build Decision Management Systems or Decision Support Systems one should engage in some decision discovery and modeling to make sure you understand the decisions involved. You can use The Decision Model or the soon to be proposed Decision Model and Notation standard but you don’t have to. These models of decisions include mapping decisions to the business events that trigger them, the business processes that need them and the business objectives/KPIs that measure their effectiveness.
  • Once you understand what you are trying to do you might apply a Decision Management platform or Business Rules Management System and you might apply some decision science or data science to build an effective Decision Service.
  • Finally you will engage in ongoing decision performance analysis and monitoring so you can keep improving your decision-making over time.

The key to all of this, of course, is a focus on decisions as well as business rules which takes us back, I think, to the original question.

More Read

5 Rules for Better Sales Analytics
The Urgent Crowds Out the Important
Information Is Now The Core Of Your Business
The Enterprise Graph – From Connections To Customer Insights
Want More Actionable Information from Your BI? Support Your IT Team’s Need for Data Warehouse Automation
   

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

edi compliance with AI
AI Is Transforming EDI Compliance Services
Exclusive News
companies using big data
5 Industries Driving Big Data Technology Growth
Big Data Exclusive
software developer using ai
California AI Companies That Are Set for Long-Term Growth
Development Exclusive
data science professor
The Power of Warm-Ups: Setting the Stage for Learning
Exclusive News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Unify Brand, Agency, and Technology Efforts with Your Customer Data

7 Min Read
Image
Business IntelligenceData WarehousingDecision ManagementKnowledge ManagementUnstructured Data

“Something is not Right!” – Don’t Ignore Your Gut When Analyzing Information

7 Min Read

Business Analytics Optimization Keynote #iod11

3 Min Read

Meet Your Company’s New Virtual Assistant – Big Data

0 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 and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data 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?