Why should organizations invest time and effort to model their business decisions? What is the ‘bottom-line’ benefit?
Ahead of the publication of our joint book on Decision Modeling, to be released later this year, James Taylor and I have made a series of video shorts about business decision modeling. In this brief video, James and I talk about the advantages of modeling, including:
- The practical benefits of the approach: time to market, transparency and improved requirements integrity.
- How it improves communication among distributed teams of business analysts, subject matter experts and developers.
- The gains of separating business decisions from business processes.
- How decision modeling boosts the effectiveness of analytics, data needs analysis and change management.
In our next post we’ll consider how to model decisions and why it’s best to use a standard.