SlideShare a Scribd company logo
Using Business Decision Management to Implement Corporate Strategy
An Azinta Presentation for BiZZdesign Decision Management Event
Amersfoort, Netherlands, 28th January 2015
(c) Azinta : www.azinta.com January 28th 2015 1
January 28th 2015(c) Azinta : www.azinta.com 2
“Organizations face many challenges in today’s
business climate.”
“Organizations whose success or failure is
determined by the decisions they make are
handicapped by systems that are centered on
processes or functions.”
“As a result, these organizations struggle to
improve business productivity while managing
costs and find it hard to make changes in their
systems quickly, despite a pressing need to do
so.” James Taylor, Decision Management Guru
 What is Business Decision Management?
 What are Decision Models?
 Linking Strategy with Business Decision
Management
 Who are Azinta Systems?
 Next Steps
 Appendix
◦ Resources
January 28th 2015(c) Azinta : www.azinta.com 3
 Many thousands of operational business
decisions are executed daily
◦ These business decisions are embedded within
applications, business processes and supporting
technologies.
 These operational business decisions are
responsible for all corporate wealth creation:
◦ All sales, transactions, delivery of services, product
offerings, compliance implementation, etc. are the
results of the execution of these decisions
January 28th 2015(c) Azinta : www.azinta.com 4
 Business managers who are tasked to manage
and improve these business decisions:
◦ Do not really understand these decisions because they
are not visible and in a language they can understand
◦ Therefore business managers find it difficult to improve
these business decisions rapidly.
 Resulting in:
◦ Lack of business agility to change quickly to respond to
market changes
◦ Difficult to comply with the massive global regulatory
requirements
◦ Lower ROE (Return on Equity) than Decision-centric
companies.
January 28th 2015(c) Azinta : www.azinta.com 5
 Business Decision Management is a technique
and discipline that:
◦ Firstly, identifies operational business decisions as
first class assets;
◦ Secondly, models these business decisions using a
graphical language that business mangers can
understand;
◦ Thirdly, Links these decision models with the
business knowledge and business logic required to
automate these decisions
January 28th 2015(c) Azinta : www.azinta.com 6
◦ Fourthly, Managers can optimise the business
knowledge & business logic without IT intervention
◦ Fifthly. Business managers can the deploy the
decision models, in collaboration with IT, as
executable decision services.
◦ Sixthly, The results from the execution of each
business decision can be tracked and used to
update corporate Key Performance Indicators (KPI)
◦ Finally. Managers can constantly fine tune and
improve the business decisions that they manage.
January 28th 2015(c) Azinta : www.azinta.com 7
 What is Decision Business Management?
 What are Decision Models?
 Linking Strategy with Business Decision
Management
 Who are Azinta Systems?
 Next Steps
 Appendix
◦ Resources
January 28th 2015(c) Azinta : www.azinta.com 8
9January 28th 2015(c) Azinta : www.azinta.com
10
January 28th 2015
(c) Azinta : www.azinta.com
(c) Azinta : www.azinta.com 11January 28th 2015
Extends TDM to
include Decisions
that combine
analytics,
business rules,
algorithms, etc.
Also provides a
high-level
Decision
Requirements
Diagram.
However lacks a
methodology, and
needs TDM to
model Decision
Table logic
 What is Business Decision Management?
 What are Decision Models?
 Linking Strategy with Business Decision
Management
 Who are Azinta Systems?
 Next Steps
 Appendix
◦ Resources
January 28th 2015(c) Azinta : www.azinta.com 12
Flying a plane needs dashboards + Automated Decision-Making Systems
+ Humans. We shall now look at the
instruments used by Boards of large
organisations to manage their business.
Showing the linkage with Business
Decision Management.
January 28th 2015(c) Azinta : www.azinta.com 13
Balanced Scorecard: The Key Dashboard & Visual Language
More than 70% of large organisations
in Europe, Japan and USA used
Balanced Scorecard + Strategy Maps
to Manage their Business.
January 28th 2015(c) Azinta : www.azinta.com 14
Customer Value Proposition
Strategy Map – The 2nd Key Visual Language used by CEOs
Productivity Strategy
Operations Management
Processes
Supply
Production
Distribution
Risk Management
Customer Management
Processes
Selection
Acquisition
Retention
Growth
Innovative Processes
Opportunity Identification
R&D Portfolio
Design / Develop
Launch
Regulatory and Social
Processes
Environment
Safety and Health
Employment
Community
Human Capital
Information Capital
Organisational Capital
Product / Service Attributes
Long-Term
Shareholder Value
Improve Cost
Structure
Increase Asset
Utilisation
Expand Revenue
Opportunities
Enhance
Customer Value
Growth Strategy
Relationship Image
Price Function Service Partnership BrandQuality Availability Selection
Culture Leadership Alignment Teamwork
Financial
Perspective
Customer
Perspective
Internal
Perspective
Learning &
Growth
Perspective
 Strategy Maps:
◦ Describes the logic of the strategy
◦ Shows the objectives for the critical processes AND
◦ The intangible assets required to support them
◦ Links the objectives using cause-and effect links
 Balanced Scorecard
◦ Translates the strategy map objectives into
measures and targets
◦ Specifies a set of action programs and resources to
enable the targets for all the measures to be
accomplished
 Known as Strategic Initiatives
16January 28th 2015(c) Azinta : www.azinta.com
17
Answer: First create strategy
maps and then model and
link related operational
decisions to your Strategic
Initiatives
Next: Optimise Decision
& Process models. Link
the results of each
decision execution back
to KPIs to create a self-
improving feedback loop
(1)
(2)
(3)
January 28th 2015(c) Azinta : www.azinta.com
How can we link the
business perspectives to
the operational business
decisions in a way that can
be understood by the
business managers and
then fully automate them?
18
Objectives
• Reduced
customer
onboarding
times
Statement of
what strategy
must achieve
and what’s
critical to its
success
Target
• 90%
• 60 minutes
The level of
performance
or rate of
improvement
needed
• Customer
STP
Onboarding
Key action
programs
required to
achieve
objectives
InitiativeMeasurement
• STP rate
• Customer
onboardring time
How success
in achieving
the strategy
will be
measured and
tracked
Strategic Theme:
Operating Efficiency
Profitability
Financial
Learning
More
customers
Training Staff on Business
Decision
Management (BDM)
Lowest
Customer Service
costs
Fewer staff
Customer
Internal
STP using BDM
Strategy Map example: Diagram of the
cause-and-effect relationships
between strategic objectives
Faster
processing
Simplified Strategy Map – Bank Straight-Through Processing
Improvement Initiative Meets Business Decision Management
Extending the Map into Objectives,
Measurements, Targets and Initiatives
Based on : Presentation of Balanced Scorecard Collaborative
Business processes that impact on Customer On-boarding should be
selected and decisions for STP determined & modelled, optimised
with decision business logic. Then automated with the decisions
execution results used to update the Initiative KPIs
 Read Suleiman Shehu extensive blog post on
Strategy and Business Decision Management at:
http://azintablog.com/implementing-corporate-
strategy-using-business-decision-management/
 Read Suleiman Shehu blog post on Business
Performance Management, Balanced Scorecard
and The Decision Model at
http://blog.bizzdesign.com/business-
performance-management-balanced-
scorecards-and-the-decision-model
January 28th 2015(c) Azinta : www.azinta.com 19
 What is Business Decision Management?
 What are Decision Models?
 Linking Strategy with Business Decision
Management
 Who are Azinta Systems?
 Next Steps
 Appendix
◦ Resources
January 28th 2015(c) Azinta : www.azinta.com 20
 Strategic Management Consulting & Systems
Integration Company with a focus on Business
Decision Management.
◦ Decision & Strategic Management Consultancy, Mentoring &
Training Services using TDM & DMN
 Offices: Dublin, Ireland (Head Office), London, UK
 KPI Decision Model Consulting & Training Partner for
Europe, Middle-East & Africa
 BiZZdesign TDM Consulting & TDM Training Partner
 Contact: suleiman.shehu@azinta.com
(c) Azinta : www.azinta.com January 28th 2015 21
 Jump-Start BDM Project
◦ We could help with any of the following:
 Conduct on-site TDM/DMN methodology training
 Identify a Strategic Initiative that could benefit from
BDM
 Identify Measures (Key Performance Indicators),
Targets
 Identify potential business decisions for optimisation
 Get approval for a pilot BDM project
 Develop and Deploy Decision Models & integration
with BPMN
 Integrating Decision Results with Key Performance
Indicators
January 28th 2015(c) Azinta : www.azinta.com 22
Contact details:
◦ Email: suleiman.shehu@azinta.com
◦ Linkedin:
https://uk.linkedin.com/in/suleimanshehu
◦ Blog: http://azintablog.com/
◦ Phone: +44 845 658 6909
◦ Skype: suleiman.shehu
◦ Web: www.azinta.com
January 28th 2015(c) Azinta : www.azinta.com 23
January 28th 2015(c) Azinta : www.azinta.com 24
 The Decision Model (TDM) Book
◦ A must read book – “The Decision Model: Business Logic
Framework Linking Business with Technology” by
Barbara von Halle and Larry Goldberg. Available on
Amazon in hardcover and Kindle format.
 TDM Primer
◦ Download TDM Primer
 TDM White Papers
◦ The Decision Model: Improving Process Models and the
Requirements Process
◦ The Decision Model: Revolutionizing the Testing Process
for Business Logic
◦ Integration of Business Decision Modeling in
Organization Design
25
(c) Azinta : www.azinta.com
January 28th 2015
 TDM Blog Posts by Suleiman Shehu:
◦ Business Performance Management, Balanced
Scorecards and The Decision Model
◦ The Decision Model, Enterprise Architecture,
ArchiMate and “The Decision Modeler”
◦ New Tool Changes the Face of Business Decision
Modelling/Management?
 TDM Articles::
◦ Three Decision Model Predictions and The Decision
Modeler Software (Modern Analyst)
◦ Changing the Game: Business Rules Grow Up into
Business Decisions (Modern Analyst)
26
(c) Azinta : www.azinta.com
January 28th 2015
 OMG Decision Model & Notation Standard
◦ http://www.omg.org/spec/DMN/1.0/Beta1/
27
(c) Azinta : www.azinta.com
January 28th 2015
Millennium House
3 Humber Trading Estate
Humber Road
London
NW2 6DW
Tel: +44 (0) 845 658 6909
www.azinta.com
Email: suleiman.shehu@azinta.com
January 28th 2015(c) Azinta : www.azinta.com 28

More Related Content

What's hot

Stuart Howitt: Honey, I Shrunk the Incident
Stuart Howitt: Honey, I Shrunk the IncidentStuart Howitt: Honey, I Shrunk the Incident
Stuart Howitt: Honey, I Shrunk the Incident
itSMF UK
 
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and Roadmap
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and RoadmapeCIO PPT Support Services Directorate (SSD) Proposed Alignment and Roadmap
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and RoadmapDavid Niles
 
PMOpartners daptiv_in
PMOpartners daptiv_inPMOpartners daptiv_in
PMOpartners daptiv_in
PMOpartners
 
Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...
Decision Management Solutions
 
Enterprise performance management
Enterprise performance managementEnterprise performance management
Enterprise performance management
Changepoint
 
A New Approach to Defining BI Requirements
A New Approach to Defining BI RequirementsA New Approach to Defining BI Requirements
A New Approach to Defining BI Requirements
Decision Management Solutions
 
SignaPay Insights - Payment Initiatives
SignaPay Insights - Payment InitiativesSignaPay Insights - Payment Initiatives
SignaPay Insights - Payment Initiatives
Sara Matthews
 
TRU Snacks Webinar Series- Restructuring a Financially Distressed Company
TRU Snacks Webinar Series- Restructuring a Financially Distressed CompanyTRU Snacks Webinar Series- Restructuring a Financially Distressed Company
TRU Snacks Webinar Series- Restructuring a Financially Distressed Company
Citrin Cooperman
 
IT M&A Advisory
IT M&A AdvisoryIT M&A Advisory
IT M&A Advisory
BearingPoint
 
What is a claims handling pilot?
What is a claims handling pilot?What is a claims handling pilot?
What is a claims handling pilot?
Decision Management Solutions
 
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...Empowering PMOs to Connect Business Strategy with Project Execution | Busines...
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...Changepoint
 
Simplifying Complex Processes with Decision Management
Simplifying Complex Processes with Decision ManagementSimplifying Complex Processes with Decision Management
Simplifying Complex Processes with Decision Management
Decision Management Solutions
 
Guide to Identifying Business Challenges
Guide to Identifying Business ChallengesGuide to Identifying Business Challenges
Guide to Identifying Business Challenges
Insight
 
Why is decision modeling the burning issue among business analysts? IIBA Bay ...
Why is decision modeling the burning issue among business analysts? IIBA Bay ...Why is decision modeling the burning issue among business analysts? IIBA Bay ...
Why is decision modeling the burning issue among business analysts? IIBA Bay ...
Decision Management Solutions
 
Successful Management Information projects in FTSE100 companies
Successful Management Information projects in FTSE100 companiesSuccessful Management Information projects in FTSE100 companies
Successful Management Information projects in FTSE100 companies
Nigel Beck
 
Agile finance package slide deck
Agile finance package slide deckAgile finance package slide deck
Agile finance package slide deck
Quek Joo Chay
 
Cost Optimization Strategies Powerpoint Presentation Slides
Cost Optimization Strategies Powerpoint Presentation SlidesCost Optimization Strategies Powerpoint Presentation Slides
Cost Optimization Strategies Powerpoint Presentation Slides
SlideTeam
 
Getting started with decision discovery
Getting started with decision discoveryGetting started with decision discovery
Getting started with decision discovery
Decision Management Solutions
 

What's hot (19)

Stuart Howitt: Honey, I Shrunk the Incident
Stuart Howitt: Honey, I Shrunk the IncidentStuart Howitt: Honey, I Shrunk the Incident
Stuart Howitt: Honey, I Shrunk the Incident
 
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and Roadmap
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and RoadmapeCIO PPT Support Services Directorate (SSD) Proposed Alignment and Roadmap
eCIO PPT Support Services Directorate (SSD) Proposed Alignment and Roadmap
 
PMOpartners daptiv_in
PMOpartners daptiv_inPMOpartners daptiv_in
PMOpartners daptiv_in
 
Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...Extending Business Architecture with Regulatory Architecture using Decisions ...
Extending Business Architecture with Regulatory Architecture using Decisions ...
 
Enterprise performance management
Enterprise performance managementEnterprise performance management
Enterprise performance management
 
A New Approach to Defining BI Requirements
A New Approach to Defining BI RequirementsA New Approach to Defining BI Requirements
A New Approach to Defining BI Requirements
 
SignaPay Insights - Payment Initiatives
SignaPay Insights - Payment InitiativesSignaPay Insights - Payment Initiatives
SignaPay Insights - Payment Initiatives
 
TRU Snacks Webinar Series- Restructuring a Financially Distressed Company
TRU Snacks Webinar Series- Restructuring a Financially Distressed CompanyTRU Snacks Webinar Series- Restructuring a Financially Distressed Company
TRU Snacks Webinar Series- Restructuring a Financially Distressed Company
 
Change
ChangeChange
Change
 
IT M&A Advisory
IT M&A AdvisoryIT M&A Advisory
IT M&A Advisory
 
What is a claims handling pilot?
What is a claims handling pilot?What is a claims handling pilot?
What is a claims handling pilot?
 
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...Empowering PMOs to Connect Business Strategy with Project Execution | Busines...
Empowering PMOs to Connect Business Strategy with Project Execution | Busines...
 
Simplifying Complex Processes with Decision Management
Simplifying Complex Processes with Decision ManagementSimplifying Complex Processes with Decision Management
Simplifying Complex Processes with Decision Management
 
Guide to Identifying Business Challenges
Guide to Identifying Business ChallengesGuide to Identifying Business Challenges
Guide to Identifying Business Challenges
 
Why is decision modeling the burning issue among business analysts? IIBA Bay ...
Why is decision modeling the burning issue among business analysts? IIBA Bay ...Why is decision modeling the burning issue among business analysts? IIBA Bay ...
Why is decision modeling the burning issue among business analysts? IIBA Bay ...
 
Successful Management Information projects in FTSE100 companies
Successful Management Information projects in FTSE100 companiesSuccessful Management Information projects in FTSE100 companies
Successful Management Information projects in FTSE100 companies
 
Agile finance package slide deck
Agile finance package slide deckAgile finance package slide deck
Agile finance package slide deck
 
Cost Optimization Strategies Powerpoint Presentation Slides
Cost Optimization Strategies Powerpoint Presentation SlidesCost Optimization Strategies Powerpoint Presentation Slides
Cost Optimization Strategies Powerpoint Presentation Slides
 
Getting started with decision discovery
Getting started with decision discoveryGetting started with decision discovery
Getting started with decision discovery
 

Similar to What is Business Decision Management?

Marketing Operations Agility - Business Marketing Association
Marketing Operations Agility - Business Marketing AssociationMarketing Operations Agility - Business Marketing Association
Marketing Operations Agility - Business Marketing AssociationClearAction Continuum
 
The Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) SustainabilityThe Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) Sustainability
Apttus
 
Process Measurement - BPM Roundtable QLD
Process Measurement - BPM Roundtable QLDProcess Measurement - BPM Roundtable QLD
Process Measurement - BPM Roundtable QLD
Leonardo Consulting
 
How to monitor and prioritize epics of a Service Cloud implementation project...
How to monitor and prioritize epics of a Service Cloud implementation project...How to monitor and prioritize epics of a Service Cloud implementation project...
How to monitor and prioritize epics of a Service Cloud implementation project...
YeurDreamin'
 
Developing an IT Scorecard Using the Balanced Scorecard Approach
Developing an IT Scorecard  Using the Balanced Scorecard ApproachDeveloping an IT Scorecard  Using the Balanced Scorecard Approach
Developing an IT Scorecard Using the Balanced Scorecard Approach
Senaka Ariyasinghe
 
Fail to prepare - Softworld 2011
Fail to prepare -  Softworld 2011Fail to prepare -  Softworld 2011
Fail to prepare - Softworld 2011
Sageukofficial
 
Fail to prepare, prepare to fail: implementing ERP and CRM systems
Fail to prepare, prepare to fail: implementing ERP and CRM systemsFail to prepare, prepare to fail: implementing ERP and CRM systems
Fail to prepare, prepare to fail: implementing ERP and CRM systems
Sageukofficial
 
Sukumar S Mani - Online Portfolio Presentation
Sukumar S Mani - Online Portfolio PresentationSukumar S Mani - Online Portfolio Presentation
Sukumar S Mani - Online Portfolio Presentation
Sukumar S Mani
 
An Anatomy of a Digital Audit (Digital Marketing Audit)
An Anatomy of a Digital Audit (Digital Marketing Audit)An Anatomy of a Digital Audit (Digital Marketing Audit)
An Anatomy of a Digital Audit (Digital Marketing Audit)
Tim Bourgeois
 
How to Win Friends and Save Money
How to Win Friends and Save MoneyHow to Win Friends and Save Money
How to Win Friends and Save Money
Blue Slate Solutions
 
Remodel Your Marketing With Analytics And Dashboards
Remodel Your Marketing With Analytics And DashboardsRemodel Your Marketing With Analytics And Dashboards
Remodel Your Marketing With Analytics And Dashboards
Regalix
 
The Path Forward: Getting started with Analytics Quotient
The Path Forward: Getting started with Analytics QuotientThe Path Forward: Getting started with Analytics Quotient
The Path Forward: Getting started with Analytics Quotient
Julie Severance
 
Channel analytics 20150318
Channel analytics 20150318Channel analytics 20150318
Channel analytics 20150318
Rob Ford
 
Business Analytics
Business AnalyticsBusiness Analytics
Business AnalyticsPrem Anand
 
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange County
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange CountyPitch Deck for Uptica Digital Agency - Los Angeles / Orange County
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange County
Uptica
 
WorldAtWorkConfernce_USBank_OS FINAL (no notes)
WorldAtWorkConfernce_USBank_OS FINAL (no notes)WorldAtWorkConfernce_USBank_OS FINAL (no notes)
WorldAtWorkConfernce_USBank_OS FINAL (no notes)
Laura Roach
 
Measuring What Matters by Google PM
Measuring What Matters by Google PMMeasuring What Matters by Google PM
Measuring What Matters by Google PM
Product School
 
Being digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategyBeing digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategy
accenture
 
Account Planning in Salesforce: Trending in 2015
Account Planning in Salesforce:  Trending in 2015 Account Planning in Salesforce:  Trending in 2015
Account Planning in Salesforce: Trending in 2015
Altify
 

Similar to What is Business Decision Management? (20)

Marketing Operations Agility - Business Marketing Association
Marketing Operations Agility - Business Marketing AssociationMarketing Operations Agility - Business Marketing Association
Marketing Operations Agility - Business Marketing Association
 
The Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) SustainabilityThe Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) Sustainability
 
Process Measurement - BPM Roundtable QLD
Process Measurement - BPM Roundtable QLDProcess Measurement - BPM Roundtable QLD
Process Measurement - BPM Roundtable QLD
 
How to monitor and prioritize epics of a Service Cloud implementation project...
How to monitor and prioritize epics of a Service Cloud implementation project...How to monitor and prioritize epics of a Service Cloud implementation project...
How to monitor and prioritize epics of a Service Cloud implementation project...
 
Developing an IT Scorecard Using the Balanced Scorecard Approach
Developing an IT Scorecard  Using the Balanced Scorecard ApproachDeveloping an IT Scorecard  Using the Balanced Scorecard Approach
Developing an IT Scorecard Using the Balanced Scorecard Approach
 
Fail to prepare - Softworld 2011
Fail to prepare -  Softworld 2011Fail to prepare -  Softworld 2011
Fail to prepare - Softworld 2011
 
Fail to prepare, prepare to fail: implementing ERP and CRM systems
Fail to prepare, prepare to fail: implementing ERP and CRM systemsFail to prepare, prepare to fail: implementing ERP and CRM systems
Fail to prepare, prepare to fail: implementing ERP and CRM systems
 
Sukumar S Mani - Online Portfolio Presentation
Sukumar S Mani - Online Portfolio PresentationSukumar S Mani - Online Portfolio Presentation
Sukumar S Mani - Online Portfolio Presentation
 
An Anatomy of a Digital Audit (Digital Marketing Audit)
An Anatomy of a Digital Audit (Digital Marketing Audit)An Anatomy of a Digital Audit (Digital Marketing Audit)
An Anatomy of a Digital Audit (Digital Marketing Audit)
 
How to Win Friends and Save Money
How to Win Friends and Save MoneyHow to Win Friends and Save Money
How to Win Friends and Save Money
 
Remodel Your Marketing With Analytics And Dashboards
Remodel Your Marketing With Analytics And DashboardsRemodel Your Marketing With Analytics And Dashboards
Remodel Your Marketing With Analytics And Dashboards
 
PLM_for_New_Normal_KK_Pres_May15
PLM_for_New_Normal_KK_Pres_May15PLM_for_New_Normal_KK_Pres_May15
PLM_for_New_Normal_KK_Pres_May15
 
The Path Forward: Getting started with Analytics Quotient
The Path Forward: Getting started with Analytics QuotientThe Path Forward: Getting started with Analytics Quotient
The Path Forward: Getting started with Analytics Quotient
 
Channel analytics 20150318
Channel analytics 20150318Channel analytics 20150318
Channel analytics 20150318
 
Business Analytics
Business AnalyticsBusiness Analytics
Business Analytics
 
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange County
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange CountyPitch Deck for Uptica Digital Agency - Los Angeles / Orange County
Pitch Deck for Uptica Digital Agency - Los Angeles / Orange County
 
WorldAtWorkConfernce_USBank_OS FINAL (no notes)
WorldAtWorkConfernce_USBank_OS FINAL (no notes)WorldAtWorkConfernce_USBank_OS FINAL (no notes)
WorldAtWorkConfernce_USBank_OS FINAL (no notes)
 
Measuring What Matters by Google PM
Measuring What Matters by Google PMMeasuring What Matters by Google PM
Measuring What Matters by Google PM
 
Being digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategyBeing digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategy
 
Account Planning in Salesforce: Trending in 2015
Account Planning in Salesforce:  Trending in 2015 Account Planning in Salesforce:  Trending in 2015
Account Planning in Salesforce: Trending in 2015
 

Recently uploaded

falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
daothibichhang1
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
uae taxgpt
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 

Recently uploaded (20)

falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 7735293663 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 

What is Business Decision Management?

  • 1. Using Business Decision Management to Implement Corporate Strategy An Azinta Presentation for BiZZdesign Decision Management Event Amersfoort, Netherlands, 28th January 2015 (c) Azinta : www.azinta.com January 28th 2015 1
  • 2. January 28th 2015(c) Azinta : www.azinta.com 2 “Organizations face many challenges in today’s business climate.” “Organizations whose success or failure is determined by the decisions they make are handicapped by systems that are centered on processes or functions.” “As a result, these organizations struggle to improve business productivity while managing costs and find it hard to make changes in their systems quickly, despite a pressing need to do so.” James Taylor, Decision Management Guru
  • 3.  What is Business Decision Management?  What are Decision Models?  Linking Strategy with Business Decision Management  Who are Azinta Systems?  Next Steps  Appendix ◦ Resources January 28th 2015(c) Azinta : www.azinta.com 3
  • 4.  Many thousands of operational business decisions are executed daily ◦ These business decisions are embedded within applications, business processes and supporting technologies.  These operational business decisions are responsible for all corporate wealth creation: ◦ All sales, transactions, delivery of services, product offerings, compliance implementation, etc. are the results of the execution of these decisions January 28th 2015(c) Azinta : www.azinta.com 4
  • 5.  Business managers who are tasked to manage and improve these business decisions: ◦ Do not really understand these decisions because they are not visible and in a language they can understand ◦ Therefore business managers find it difficult to improve these business decisions rapidly.  Resulting in: ◦ Lack of business agility to change quickly to respond to market changes ◦ Difficult to comply with the massive global regulatory requirements ◦ Lower ROE (Return on Equity) than Decision-centric companies. January 28th 2015(c) Azinta : www.azinta.com 5
  • 6.  Business Decision Management is a technique and discipline that: ◦ Firstly, identifies operational business decisions as first class assets; ◦ Secondly, models these business decisions using a graphical language that business mangers can understand; ◦ Thirdly, Links these decision models with the business knowledge and business logic required to automate these decisions January 28th 2015(c) Azinta : www.azinta.com 6
  • 7. ◦ Fourthly, Managers can optimise the business knowledge & business logic without IT intervention ◦ Fifthly. Business managers can the deploy the decision models, in collaboration with IT, as executable decision services. ◦ Sixthly, The results from the execution of each business decision can be tracked and used to update corporate Key Performance Indicators (KPI) ◦ Finally. Managers can constantly fine tune and improve the business decisions that they manage. January 28th 2015(c) Azinta : www.azinta.com 7
  • 8.  What is Decision Business Management?  What are Decision Models?  Linking Strategy with Business Decision Management  Who are Azinta Systems?  Next Steps  Appendix ◦ Resources January 28th 2015(c) Azinta : www.azinta.com 8
  • 9. 9January 28th 2015(c) Azinta : www.azinta.com
  • 10. 10 January 28th 2015 (c) Azinta : www.azinta.com
  • 11. (c) Azinta : www.azinta.com 11January 28th 2015 Extends TDM to include Decisions that combine analytics, business rules, algorithms, etc. Also provides a high-level Decision Requirements Diagram. However lacks a methodology, and needs TDM to model Decision Table logic
  • 12.  What is Business Decision Management?  What are Decision Models?  Linking Strategy with Business Decision Management  Who are Azinta Systems?  Next Steps  Appendix ◦ Resources January 28th 2015(c) Azinta : www.azinta.com 12
  • 13. Flying a plane needs dashboards + Automated Decision-Making Systems + Humans. We shall now look at the instruments used by Boards of large organisations to manage their business. Showing the linkage with Business Decision Management. January 28th 2015(c) Azinta : www.azinta.com 13
  • 14. Balanced Scorecard: The Key Dashboard & Visual Language More than 70% of large organisations in Europe, Japan and USA used Balanced Scorecard + Strategy Maps to Manage their Business. January 28th 2015(c) Azinta : www.azinta.com 14
  • 15. Customer Value Proposition Strategy Map – The 2nd Key Visual Language used by CEOs Productivity Strategy Operations Management Processes Supply Production Distribution Risk Management Customer Management Processes Selection Acquisition Retention Growth Innovative Processes Opportunity Identification R&D Portfolio Design / Develop Launch Regulatory and Social Processes Environment Safety and Health Employment Community Human Capital Information Capital Organisational Capital Product / Service Attributes Long-Term Shareholder Value Improve Cost Structure Increase Asset Utilisation Expand Revenue Opportunities Enhance Customer Value Growth Strategy Relationship Image Price Function Service Partnership BrandQuality Availability Selection Culture Leadership Alignment Teamwork Financial Perspective Customer Perspective Internal Perspective Learning & Growth Perspective
  • 16.  Strategy Maps: ◦ Describes the logic of the strategy ◦ Shows the objectives for the critical processes AND ◦ The intangible assets required to support them ◦ Links the objectives using cause-and effect links  Balanced Scorecard ◦ Translates the strategy map objectives into measures and targets ◦ Specifies a set of action programs and resources to enable the targets for all the measures to be accomplished  Known as Strategic Initiatives 16January 28th 2015(c) Azinta : www.azinta.com
  • 17. 17 Answer: First create strategy maps and then model and link related operational decisions to your Strategic Initiatives Next: Optimise Decision & Process models. Link the results of each decision execution back to KPIs to create a self- improving feedback loop (1) (2) (3) January 28th 2015(c) Azinta : www.azinta.com How can we link the business perspectives to the operational business decisions in a way that can be understood by the business managers and then fully automate them?
  • 18. 18 Objectives • Reduced customer onboarding times Statement of what strategy must achieve and what’s critical to its success Target • 90% • 60 minutes The level of performance or rate of improvement needed • Customer STP Onboarding Key action programs required to achieve objectives InitiativeMeasurement • STP rate • Customer onboardring time How success in achieving the strategy will be measured and tracked Strategic Theme: Operating Efficiency Profitability Financial Learning More customers Training Staff on Business Decision Management (BDM) Lowest Customer Service costs Fewer staff Customer Internal STP using BDM Strategy Map example: Diagram of the cause-and-effect relationships between strategic objectives Faster processing Simplified Strategy Map – Bank Straight-Through Processing Improvement Initiative Meets Business Decision Management Extending the Map into Objectives, Measurements, Targets and Initiatives Based on : Presentation of Balanced Scorecard Collaborative Business processes that impact on Customer On-boarding should be selected and decisions for STP determined & modelled, optimised with decision business logic. Then automated with the decisions execution results used to update the Initiative KPIs
  • 19.  Read Suleiman Shehu extensive blog post on Strategy and Business Decision Management at: http://azintablog.com/implementing-corporate- strategy-using-business-decision-management/  Read Suleiman Shehu blog post on Business Performance Management, Balanced Scorecard and The Decision Model at http://blog.bizzdesign.com/business- performance-management-balanced- scorecards-and-the-decision-model January 28th 2015(c) Azinta : www.azinta.com 19
  • 20.  What is Business Decision Management?  What are Decision Models?  Linking Strategy with Business Decision Management  Who are Azinta Systems?  Next Steps  Appendix ◦ Resources January 28th 2015(c) Azinta : www.azinta.com 20
  • 21.  Strategic Management Consulting & Systems Integration Company with a focus on Business Decision Management. ◦ Decision & Strategic Management Consultancy, Mentoring & Training Services using TDM & DMN  Offices: Dublin, Ireland (Head Office), London, UK  KPI Decision Model Consulting & Training Partner for Europe, Middle-East & Africa  BiZZdesign TDM Consulting & TDM Training Partner  Contact: suleiman.shehu@azinta.com (c) Azinta : www.azinta.com January 28th 2015 21
  • 22.  Jump-Start BDM Project ◦ We could help with any of the following:  Conduct on-site TDM/DMN methodology training  Identify a Strategic Initiative that could benefit from BDM  Identify Measures (Key Performance Indicators), Targets  Identify potential business decisions for optimisation  Get approval for a pilot BDM project  Develop and Deploy Decision Models & integration with BPMN  Integrating Decision Results with Key Performance Indicators January 28th 2015(c) Azinta : www.azinta.com 22
  • 23. Contact details: ◦ Email: suleiman.shehu@azinta.com ◦ Linkedin: https://uk.linkedin.com/in/suleimanshehu ◦ Blog: http://azintablog.com/ ◦ Phone: +44 845 658 6909 ◦ Skype: suleiman.shehu ◦ Web: www.azinta.com January 28th 2015(c) Azinta : www.azinta.com 23
  • 24. January 28th 2015(c) Azinta : www.azinta.com 24
  • 25.  The Decision Model (TDM) Book ◦ A must read book – “The Decision Model: Business Logic Framework Linking Business with Technology” by Barbara von Halle and Larry Goldberg. Available on Amazon in hardcover and Kindle format.  TDM Primer ◦ Download TDM Primer  TDM White Papers ◦ The Decision Model: Improving Process Models and the Requirements Process ◦ The Decision Model: Revolutionizing the Testing Process for Business Logic ◦ Integration of Business Decision Modeling in Organization Design 25 (c) Azinta : www.azinta.com January 28th 2015
  • 26.  TDM Blog Posts by Suleiman Shehu: ◦ Business Performance Management, Balanced Scorecards and The Decision Model ◦ The Decision Model, Enterprise Architecture, ArchiMate and “The Decision Modeler” ◦ New Tool Changes the Face of Business Decision Modelling/Management?  TDM Articles:: ◦ Three Decision Model Predictions and The Decision Modeler Software (Modern Analyst) ◦ Changing the Game: Business Rules Grow Up into Business Decisions (Modern Analyst) 26 (c) Azinta : www.azinta.com January 28th 2015
  • 27.  OMG Decision Model & Notation Standard ◦ http://www.omg.org/spec/DMN/1.0/Beta1/ 27 (c) Azinta : www.azinta.com January 28th 2015
  • 28. Millennium House 3 Humber Trading Estate Humber Road London NW2 6DW Tel: +44 (0) 845 658 6909 www.azinta.com Email: suleiman.shehu@azinta.com January 28th 2015(c) Azinta : www.azinta.com 28

Editor's Notes

  1. The Balanced Scorecard Framework (or some similar framework) are used by a significant number of large corporations to help the CEO and The Board to manage their companies using the Four Perspectives concepts (Financial, Customer, Learning & Growth, and Internal Business). For each of the four BSC perspectives the CEO and his board will determine the objectives, measures (or key performance indicator) targets and strategic initiatives required to achieve the corporate vision for each perspective. However a key problem with this approach is that the operational business decisions required to meet the corporate objectives are mostly hidden and “hard-coded” into programs can cannot be easily identified, modified and optimised (with traditional approaches) nor the results of individual execution of a decision capable of being linked with the Board’s Key Performance Indicators. With the effective use of Decision Management the individual operational decisions (or groups of operational decision) are identified, enriched with the business knowledge (or business logic) required to determine each business decision, and, then automated. Now the financial (and other) results of each execution of a business decision can now be linked by to the KPIs. This enables the Board to be able to track the success of each strategic initiatives, with the operational decisions impacted by that initiative. This will have increased business agility by being able to quickly modify and deploy decision models without direct IT intervention. Improving Strategic Initiative success rate.