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29th April 2008

Live from InterACT - The Mortgage Crisis

James Taylor Posted by James Taylor

Interesting session on the Mortgage Crisis next, subtitled “Implications for a Global Economy”. Joe Breeden of Strategic Analytics and Daniel Melo of Fair Isaac. Joe started by saying that this is the 3rd time this has happened in the last 16 years. And, as before, it’s not just about mortgage and it’s not just about [...]

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posted by James Taylor in Compliance, Financial Services, Predictive Analytics | 2 Comments

8th February 2008

How to prioritize the use of EDM in a recession

James Taylor Posted by James Taylor

Last post in my series today - how to prioritize your use of EDM in a recession. As with any effort to prioritize EDM, the first thing to do is identify the decisions that make the difference. This means finding the micro decisions that are often hidden in your processes as well as correctly identifying [...]

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posted by James Taylor in Business Rules, Compliance, Customer Experience, Decision Management, Legacy Modernization, Predictive Analytics | 0 Comments

6th February 2008

Using EDM and adaptive control to respond to uncertainty

James Taylor Posted by James Taylor

In a recession, perhaps even more than in other business climates, companies face a high degree of uncertainty. How will markets and consumers react to each new piece of news? How desperate will competitors get? Which products and services will be regarded by customers as necessities even in hard times and which will be jettisoned [...]

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posted by James Taylor in Adaptive Control, Business Agility, Business Rules, Business Strategy | 0 Comments

5th February 2008

Using EDM to effectively allocate resources

James Taylor Posted by James Taylor

Continuing my series on using EDM to manage in a recession, allocating resources effectively. In a recession resources are, almost always, constrained and so the proper and effective allocation of resources can be critical. Enterprise Decision Management, EDM, is particularly useful in allocating resources to customers. This plays out in a couple of key ways.
Firstly, [...]

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posted by James Taylor in Adaptive Control, Business Rules, Customer Experience, Decision Management, Predictive Analytics | 1 Comment

4th February 2008

Using EDM to thrive in a recession

James Taylor Posted by James Taylor

This week’s editorial calendar is about using Enterprise Decision Management - EDM - to survive and thrive in a recession. Prompted by a comment from Nathan Jones, the topic seems appropriate as everyone flails around trying to decide if they should use the “r” word or not. Clearly, whether we meet the definition of [...]

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posted by James Taylor in Business Strategy, Decision Management, Innovation, Reader Questions | 2 Comments

1st February 2008

Next week’s editorial calendar is all about recessions and how to survive them

James Taylor Posted by James Taylor

I have decided that next week’s editorial calendar is going to be about the “R” word - Recession. While politicians may be avoiding mentioning it we all know it’s happening. So, next week, how can enterprise decision management help you cope in a recession, what’s the role of EDM in companies dealing with a recession, [...]

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posted by James Taylor in Blogging | 0 Comments