The Decision Model

A Business Logic Framework Linking Business and Technology

Author: Barbara von Halle,Larry Goldberg

Publisher: CRC Press

ISBN: 9781420082821

Category: Computers

Page: 553

View: 2125

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In the current fast-paced and constantly changing business environment, it is more important than ever for organizations to be agile, monitor business performance, and meet with increasingly stringent compliance requirements. Written by pioneering consultants and bestselling authors with track records of international success, The Decision Model: A Business Logic Framework Linking Business and Technology provides a platform for rethinking how to view, design, execute, and govern business logic. The book explains how to implement the Decision Model, a stable, rigorous model of core business logic that informs current and emerging technology. The authors supply a strong theoretical foundation, while succinctly defining the path needed to incorporate agile and iterative techniques for developing a model that will be the cornerstone for continual growth. Because the book introduces a new model with tentacles in many disciplines, it is divided into three sections: Section 1: A Complete overview of the Decision Model and its place in the business and technology world Section 2: A Detailed treatment of the foundation of the Decision Model and a formal definition of the Model Section 3: Specialized topics of interest on the Decision Model, including both business and technical issues The Decision Model provides a framework for organizing business rules into well-formed decision-based structures that are predictable, stable, maintainable, and normalized. More than this, the Decision Model directly correlates business logic to the business drivers behind it, allowing it to be used as a lever for meeting changing business objectives and marketplace demands. This book not only defines the Decision Model and but also demonstrates how it can be used to organize decision structures for maximum stability, agility, and technology independence and provide input into automation design.
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Governing Operational Decisions in an Enterprise Scalable Way

Author: Pierre Berlandier,Eric Charpentier,Duncan Clark,IBM Redbooks

Publisher: IBM Redbooks

ISBN: 0738438030

Category: Computers

Page: 198

View: 8368

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This IBM® Redbooks® publication presents decision governance topics from a theoretical discussion perspective and then goes on to make links to the practical aspects of applying these concepts by using the IBM Operational Decision Manager platform. This book explores enterprise governance context to clarify the bigger picture for how governance is carried out across the enterprise. You will also find this book valuable if you are using or considering the usage of an operational decision management system (or business rules management system (BRMS)) in your organization. You might be following a standard such as the The Open Group Architecture Framework (TOGAF) Architecture Development Method (ADM) and decided to use a decision management system that lets the business people take control of the business decisions that are made by the technology systems in their organization. This book also describes Control Objectives for Information and Related Technology (COBIT), which provides a comprehensive framework that assists enterprises in achieving their objectives for the governance and management of enterprise IT. Another topic of great importance that this book covers is the relationship to ITIL, a public framework that describes best practices in IT Service Management. Of the five stages of the ITIL lifecycle, this book focuses on the objectives and processes of the Service Transition stage.
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Knowledge Automation

How to Implement Decision Management in Business Processes

Author: Alan N. Fish

Publisher: John Wiley & Sons

ISBN: 1118236793

Category: Business & Economics

Page: 208

View: 5269

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A proven decision management methodology for increased profits and lowered risks Knowledge Automation: How to Implement Decision Management in Business Processes describes a simple but comprehensive methodology for decision management projects, which use business rules and predictive analytics to optimize and automate small, high-volume business decisions. It includes Decision Requirements Analysis (DRA), a new method for taking the crucial first step in any IT project to implement decision management: defining a set of business decisions and identifying all the information—business knowledge and data—required to make those decisions. Describes all the stages in automating business processes, from business process modeling down to the implementation of decision services Addresses how to use business rules and predictive analytics to optimize and automate small, high-volume business decisions Proposes a simple "top-down" method for defining decision requirements and representing them in a single diagram Shows how clear requirements can allow decision management projects to be run with reduced risk and increased profit Nontechnical and accessible, Knowledge Automation reveals how DRA is destined to become a standard technique in the business analysis and project management toolbox.
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Rule - Based Modeling and Computing on the Semantic Web

5th International Symposium, RuleML 2011 - America, Ft. Lauderdale, FL, USA, November 3-5, 2011, Proceedings

Author: Monica Palmirani,Davide Sottara

Publisher: Springer Science & Business Media

ISBN: 3642249078

Category: Computers

Page: 313

View: 1503

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This book constitutes the refereed proceedings of the International RuleML Symposium, RuleML 2011-America, held in Fort Lauderdale, FL, USA, in November 2011 - collocated with the 22nd International Joint Conference on Artificial Intelligence, IJCAI 2011. It is the second of two RuleML events that take place in 2011. The first RuleML Symposium, RuleML 2011-Europe, has been held in Barcelona, Spain, in July 2011. The 12 full papers, 5 short papers and 5 invited track and position papers presented together with 3 keynote speeches were carefully reviewed and selected from numerous submissions. The accepted papers address a wide range of rules, semantic technology, and cross-industry standards, rules and automated reasoning, rule-based event processing and reaction rules, vocabularies, ontologies and business rules, cloud computing and rules, clinical semantics and rules.
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Business Process Management Workshops

BPM 2015, 13th International Workshops, Innsbruck, Austria, August 31 – September 3, 2015, Revised Papers

Author: Manfred Reichert,Hajo A. Reijers

Publisher: Springer

ISBN: 331942887X

Category: Computers

Page: 596

View: 3517

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This book constitutes the refereed proceedings of ten international workshops held in Innsbruck, Austria, in conjunction with the 13th International Conference on Business Process Management, BPM 2015, in September 2015. The seven workshops comprised Adaptive Case Management and other Non-workflow Approaches to BPM (AdaptiveCM 2015), Business Process Intelligence (BPI 2015), Social and Human Aspects of Business Process Management (BPMS2 2015), Data- and Artifact-centric BPM (DAB 2015), Decision Mining and Modeling for Business Processes (DeMiMoP 2015), Process Engineering (IWPE 2015), and Theory and Applications of Process Visualization (TaProViz 2015). The 42 revised papers presented were carefully reviewed and selected from 104 submissions. In addition, four short papers and one keynote (from TAProViz) are also included in this book.
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Theory, Practice, and Applications of Rules on the Web

7th International Symposium, RuleML 2013, Seattle, WA, USA, July 11-13, 2013, Proceedings

Author: Leora Morgenstern,Petros Stefaneas,Francois Lévy,Adam Wyner,Adrian Paschke

Publisher: Springer

ISBN: 3642396178

Category: Computers

Page: 249

View: 2861

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This book constitutes the refereed proceedings of the 7th International RuleML Symposium, RuleML 2013, held in Seattle, WA, USA, in July 2013 - collocated with the 27th AAAI 2013. The 22 full papers,12 technical papers in main track, 3 technical papers in human language technology track, and 4 tutorials presented together with 3 invited talks were carefully reviewed and selected from numerous submissions. The accepted papers address topics such as rule-based programming and rule-based systems including production rules systems, logic programming rule engines, and business rules engines/business rules management systems; Semantic Web rule languages and rule standards; rule-based event processing languages (EPLs) and technologies; and research on inference rules, transformation rules, decision rules, production rules, and ECA rules.
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Beyond HR

The New Science of Human Capital

Author: John W. Boudreau,Peter M. Ramstad

Publisher: Harvard Business Press

ISBN: 1422148130

Category: Business & Economics

Page: 258

View: 5861

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Is your talent strategy a unique competitive advantage? As competition for top talent increases, companies must recognize that decisions about talent and its organization can have a significant strategic impact. Beyond HR shows how organizations can uncover distinctive talent contributions, strategically differentiate their HR practices and metrics, and more optimally allocate talent to create value. Illustrations from companies such as Disney, Boeing, and Corning describe a new decision science called Talentship, that reveals opportunities by identifying strategy pivot points and the optimal talent and organization decisions that address them. A unique framework helps readers identify their own distinctive strategic pivot points and connect them to talent decisions, showing how today’s “HR” can evolve to fulfill its potential as a source of strategic advantage.
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Principles of the Business Rule Approach

Author: Ronald G. Ross

Publisher: Addison-Wesley Professional

ISBN: 9780201788938

Category: Business & Economics

Page: 372

View: 8605

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The idea of Business Rules has been around for a while. Simply put, a Business Rule is a statement that defines or constrains some aspect of the business. In practice they are meant to reduce or eliminate the delays, waste, and frustration associated with the IT department having to be involved with almost every action affecting an organization's information systems. The advent of Web services has created renewed interest in them. There are now several well established rules-based products that have demonstrated the effectiveness of their use. But until now there has not been a definitive guide to Business Rules. Ron Ross, considered to be the father of Business Rules, will help organizations apply this powerful solution to their own computer system problems. This book is intended to be the first book that anyone from an IT manager to a business manager will read to understand what Business Rules are, and what how they can be applied to their own situation.
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Supply Chain Configuration

Concepts, Solutions, and Applications

Author: Charu Chandra,Janis Grabis

Publisher: Springer Science & Business Media

ISBN: 0387681558

Category: Technology & Engineering

Page: 342

View: 9015

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This book is written for practitioners and researchers who are currently working in the field of supply chain management and operations management. It provides a thorough explanation of the supply chain configuration problem as well as offers solutions that combine the mathematical aspects of problem solving with applications in modern information technology.
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Implementing IT Governance - A Pocket Guide

Author: Gad J. Selig

Publisher: Van Haren

ISBN: 9087538170

Category: Education

Page: 210

View: 1078

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The issues, opportunities and challenges of aligning information technology more closely with an organization and effectively governing an organization s Information Technology (IT) investments, resources, major initiatives and superior uninterrupted service is becoming a major concern of the Board and executive management in enterprises on a global basis. An integrated and comprehensive approach to the alignment, planning, execution and governance of IT and its resources has become critical to more effectively align, integrate, invest, measure, deploy, service and sustain the strategic and tactical direction and value proposition of IT in support of organizations. Much has been written and documented about the individual components of IT Governance such as strategic planning, demand (portfolio investment) management, program and project management, IT service management and delivery, strategic sourcing and outsourcing, performance management and metrics, like the balanced scorecard, compliance and others. Much less has been written about a comprehensive and integrated IT/Business Alignment, Planning, Execution and Governance approach. This new title fills that need in the marketplace and gives readers a structured and practical solutions using the best of the best principles available today. The book is divided into nine chapters, which cover the three critical pillars necessary to develop, execute and sustain a robust and effective IT governance environment - leadership and proactive people and change agents, flexible and scalable processes and enabling technology. Each of the chapters also covers one or more of the following action oriented topics: demand management and alignment (the why and what of IT strategic planning, portfolio investment management, decision authority, etc.); execution management (includes the how - Program/Project Management, IT Service Management and Delivery with IT Infrastructure Library {ITIL} and Strategic Sourcing and outsourcing); performance, risk and contingency management (e.g. includes COBIT, the balanced scorecard and other metrics and controls); and leadership, teams and people skills. Endorsements 'Selig has brought together his years of practical experience and his academic training to produce a valuable resource on how to successfully manage IT. He uses IT governance as the focal point for executing best practices to create alignment between IT and the business. In today s marketplace, where no organization can compete effectively without alignment, this book can become the executive handbook for IT management'Christine V. Bullen, Senior Lecturer, Howe School of Technology Management, Stevens Institute of Technology 'Dr. Selig has written an extremely comprehensive book on IT Governance. It is so comprehensive that today's IT leader need look at few other sources to ensure that they have nailed what it takes to lead a world-class IT organization. It provides details, yet serves as a easily reference-able road-map for today's busy IT executives it's a great desktop companion!'Stu Werner, Executive Vice President and CIO, Li & Fong, U.S.A. 'Dr. Selig s book on this topic is a great resource for all IT practitioners and brings together every critical aspect relating to IT governance. This book lays out a roadmap to executing within a solid governance model. It looks at all aspects of establishing, marinating, growing and sustaining an IT ecosystem. The combination of case studies and disciplined approaches to building well structured processes, committed leaders and change agents will help the board, executive management and most of all, CIO s and IT professionals think through what has worked, what can work and how to deployIT governance successfully. I very much enjoyed reading the chapters. I think you have a great book and I look forward to reading it when it comes out'Dick LeFave, CIO, Sprint Nextel 'In an era when strong IT governance is an increasingly critical component of visionary business and technology leadership, Dr Selig's book provides a welcome compendium of successful practices. Experienced leaders will find it a valuable reference, while early-career managers will appreciate the clear, actionable framework for developing high-quality, sustainable governance models of their own'Hank Zupnick, CIO, GE Real Estate 'Dr Selig's book is a well thought out and comprehensive reference guide on the successful governance of IT in context of the larger business. It successfully combines practical check lists and governance models with real world insights in an easy to read format.The book is organized into logical sections that make it easy to find topics of relevance. This book will be useful when setting up a new governance model or challenging and improving what is in place today. It is written in a format that allows the reader to stand back from the detail and look a the bigger picture, recognizing that an integrated approach to IT governance is critical to the overall health of a successful business.Dr Selig has captured this complex topic in a way that will prove a valuable reference for all levels of Executives and managers that are involved in IT governance' Nicholas Willcox, Director IT, Unilever Americas 'Dr. Selig s blend of executive IT and senior level business experience in major companies combined with many years of teaching experience and research effort have enabled him to create a unique book that blends many different components and perspectives on IT Governance into a single framework. Written for senior and aspiring IT and business leaders, his book draws upon practical experience, research, and best practices as well as the collective wisdom of the many senior IT leaders he has interacted with in teaching IT Governance. A five star rating!'James R. Shea, Director, Syracuse University, Center for Business Information Technologies 'Dr. Selig has created a veritable IT Governance Encyclopedia for the 21st century IT executive. If something isn t covered here, you probably don t need to know it'Peter Schay, Executive VP, The Advisory Council
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