Category Archives: Decision Making

What is a ‘Decision’?

Ron Ross, Jacob and I have recently been discussing the March DMC Challenge. In his submission Ron suggests the challenge is a ‘rules problem’ not a ‘decision problem’ and quite reasonably asked me for my definition of a ‘decision’ when … Continue reading

Posted in Business Rules, Decision Making, Decision Modeling, Decision Models | 2 Comments

Giving Algorithms a Sense of Uncertainty

MIT Technology Review published this article Giving algorithms a sense of uncertainty could make them more ethical: “Algorithms are built to pursue a single mathematical goal, such as maximizing the number of soldiers’ lives saved or minimizing the number of … Continue reading

Posted in Artificial Intelligence, Decision Making, Optimization | 1 Comment

Addressing Bottlenecks with Theory of Constraints

This presentation describes how to improve organizational performance using The Theory of Constraints created by late Dr. Eli Goldratt and explained in his book, The Goal.  The thought behind Theory of Constraints is that in every organizational system, there is one … Continue reading

Posted in BPM, Business Analytics, Decision Making, Most Influential, Optimization | Leave a comment