Uploaded byMartijn Zoet
Trends in Decision Management
The document discusses various trends in decision management. It begins by defining what constitutes a business decision and operational business decision. It then lists and provides brief descriptions of different types of decision management systems and solutions such as EDM, ODM, DMS, and BDMS. The document further explores emerging trends around topics like dark data, dark algorithms, dark decisions, and the growing roles of C-level executives in decision making. It outlines analytics types and increasing adoption of advanced analytics. Finally, the document looks at emerging technologies influencing decision making like sensors, APIs, machine learning, and artificial intelligence.
More Related Content
Similar to Trends in Decision Management
Trends in Decision Management
- 1.
- 2. “Working together todevelop and spread new insights and solutions for practical problems.“ martijnzoet@gmail.com (mzoet) 2
- 3. “A business decisionis defined as a conclusion that a business arrives at through business logic which the business is interested in managing.” “a decision is the act of determining an output value (the chosen option), from a number of input values, using logic defining how the output is determined from the inputs” Decisions determined from the inputs” Decision = a determination requiring know-how or expertise; the resolving of a question by identifying some correct or optimal choice Operational Business Decision = a determination requiring operational business know-how or expertise; the resolving of an operational business question by identifying some correct or optimal choice (Copyrights of logos are retained by their owners) 3
- 4. I need EDM(Enterprise Decision Management) I need ODM (Operational Decision Management) I need DMS (Decision Management System) I need BDMS (Business Decision Management Solutions) I need PLM (Product Lifecycle Management) I need Risk Management I need DM (Decision Management) I need PLM (Policy Lifecycle Management) I need CLM (Compliance Lifecycle Management) I need analytics
- 5.
- 6.
- 7.
- 8. Dark Data Dark Decisions 8 DarkAlgorithms Dark Decisions
- 9.
- 10.
- 11. (Copyrights of logos/pictures/articles are retained by their owners)
- 12.
- 13.
- 14.
- 15.
- 16.
- 17.
- 18.
- 20. Lifestyle analytics Web analytics Salesanalytics Tax analytics Lifestyle analytics Google analytics Healthcare analytics Facebook analyticsTax analytics Youtube analytics Industrial analytics Lifestyle analytics Facebook analytics Analytics……….. Analytics……….. Analytics………..
- 21. Descriptive analytics Diagnostic analytics Predictiveanalytics Prescriptive analytics
- 22. Prescriptive analytics willbecome mainstream
- 23. Prescriptive analytics willbecome mainstreamin some industries and ever fewer companies
- 24. The Analytics ofThings
- 25. Ambient intelligence The Analyticsof Things
- 26.
- 27. (Copyrights of logos/pictures/articles are retained by their owners)
- 28. (Copyrights of logos/pictures/articles are retained by their owners)
- 30. (Copyrights of logos/pictures/articles are retained by their owners)
- 31. (Copyrights of logos/pictures/articles are retained by their owners)
- 33. (Copyrights of logos/pictures/articles are retained by their owners)
- 34.
- 35. “The Romance of theGut” “A gut is a personal nontransferable attribute, which increases the value of a good one.” 35
- 36.
- 37.
- 38. A.I. in termsof what humans do, not howdo, not how they think.
- 39.
- 40.
- 41.
- 42.
- 43.
- 45.
- 46. WAIT!!!!!!!!!!! We can’t createa ‘standard’ report
- 47.
- 48.
- 54. 100% of yourdecisions are implemented! How much are you aware of these decisions?_____________________________________ IncompetentCompetent Unconscious Conscious (Maslow, 1954) 54
- 55. “Working together todevelop and spread new insights and solutions for practical problems.“ martijnzoet@gmail.com (mzoet) 55
- 56. Slide Photo Artist/Contributor 1Sign “more difficult / less difficult” SasquatchI 1 Tower Nimishgogri 1 Classroom Edwin11 1 Medical Tubs SNRE 2 Tower Nimishgogri 2 Classroom Edwin11 2 Medical Tubs SNRE This presentation used photos and artwork offered under the creative commons license “attribution generic” . None of the artists / licensors who created the work have endorsed me or my use of their work. The Creative Commons Photos can be found on http://www.flickr.com/. Photos and artwork not listed are copyrighted by the author or 3rd parties. 2 Medical Tubs SNRE 4 Bee USGS BEE Inventory 5 Moon Goldstar Depurty 6 Moon Goldstar Depurty 7 Moon Goldstar Depurty 8 Moon Goldstar Depurty 9 Moon Goldstar Depurty 11 Car with Sensors Frank Derks 12 Code Yuri Samoilov 13 Multiple Outlets State Farm 13 Single Outlet Agora leercentrum 13 UTP Cable Emillian Robert Vicol
- 57. Slide Photo Artist/Contributor 14Fairies Scott Feldstein 15 Chips V1LL14N 16 Coffee Algorithms Jared Tarbell 17 Laptop GotCredit 18 Dolphins Patrick Jones 19 Scrabble Christophe Benoit 20 Lego Sylvar This presentation used photos and artwork offered under the creative commons license “attribution generic” . None of the artists / licensors who created the work have endorsed me or my use of their work. The Creative Commons Photos can be found on http://www.flickr.com/. Photos and artwork not listed are copyrighted by the author or 3rd parties. 20 Lego Sylvar 21 Magnifying glass Kate TerHaar 22 Crystal Boll Manoftaste.de 23 Crystal Boll Manoftaste.de 24 Gym Cherrypoint 24 MPH Mybiggestfan 24 Engine Evercool 24 Runner Ibm4381 24 Refrigerator Philip Brewer 24 Alarm Clock Alan Cleaver 25 Gym Cherrypoint 25 MPH Mybiggestfan
- 58. Slide Photo Artist/Contributor 25Engine Evercool 25 Runner Ibm4381 25 Refrigerator Philip Brewer 25 Alarm Clock Alan Cleaver 26 River Tim Pearce 29 Pregnancy Test Esparta Palma 34 Human Brain Allan Ajifo This presentation used photos and artwork offered under the creative commons license “attribution generic” . None of the artists / licensors who created the work have endorsed me or my use of their work. The Creative Commons Photos can be found on http://www.flickr.com/. Photos and artwork not listed are copyrighted by the author or 3rd parties. 34 Human Brain Allan Ajifo 35 Hotelroom L'HOTEL PORTO BAY SÃO PAULO 35 Belly Fbellon 35 Flat ABS Tomas Sobek 36 Human Brain Allan Ajifo 37 Wine Glass Evan Wood 38 Fingers Victor1558 39 Camera Aleksey Gnilenkov 40 Chips V1LL14N 42 Car Supercar Roadtrip FR 15 43 Car Supercar Roadtrip FR 15 44 Women in front of wall Ann Wuyts
- 59. Slide Photo Artist/Contributor 45Castle Pedro Paulo Boaventura 46 Shred paper Liz West 47 Car Supercar Roadtrip FR 15 48 Car Supercar Roadtrip FR 15 49 Parachute Jump Usasoc News Service 50 Sick Girl M01229 50 Sick Person Leonid Mamchenkov This presentation used photos and artwork offered under the creative commons license “attribution generic” . None of the artists / licensors who created the work have endorsed me or my use of their work. The Creative Commons Photos can be found on http://www.flickr.com/. Photos and artwork not listed are copyrighted by the author or 3rd parties. 50 Sick Person Leonid Mamchenkov 52 Special Force Official US Navy Imagery 53 Girl Yoga Jumfer