Category Archives: Risk Analysis

The Nature of Strategic Decision Making


Much of what I read about “Business Management/Decision Making” seems to be written by folks who have little experience in business management. Business Management is all about Decision Making (but not only about decision making). The purpose of this article … Continue reading

Posted in #strategy, Enterprise Content Management, Knowledge Bases, Risk Analysis | Tagged | Leave a comment

How Low Can You Go? –  Part IV – Essentials for building, sustaining & improving corporate competitive advantage.


This article attempts to bridge the gap between operational methods such as ACM/BPM/CPM/RALB and FOMM and methods used to evolve business strategy.The mission of all strategic and operational initiatives is to build, sustain and augment competitive advantage. See “Theories of … Continue reading

Posted in Case Management, Decision Making, Financial Planning, FOMM, R.A.L.B., Risk Analysis, Strategic Planning, Uncategorized | Leave a comment

How Low Can You Go?  – Part I


I’ve been following /participating in various recent BPM.com discussions relating to no-code/low-code. Lots of posturing by vendors and product champions re run-time platforms they are promoting or using as well as posturing re process mapping environments they are promoting / using. … Continue reading

Posted in Adaptive Case Management, Business Process Management, Case Management, Competitive Advantage, Decision Making, Enterprise Content Management, FOMM, Knowledge Bases, Operational Efficiency, Risk Analysis, Strategic Planning | Leave a comment

Work, Workflow, Workload and BPM


Work as we know it today, is about to change. Most of us will soon have automobiles that drive themselves. 3-D printing already allows assemblies to be built that are not assemblies.  AI seems to be making a comeback and … Continue reading

Posted in Adaptive Case Management, Automated Resource Allocation, Business Process Management, Case Management, Competitive Advantage, Compliance Control, Decision Making, FOMM, Operational Planning, Operations Management, Process Management, Productivity Improvement, R.A.L.B., Risk Analysis, Uncategorized | 2 Comments

Process Improvement – Under the Hood


Here’s the deal . . . You are in a corporation that 1) “thinks” BPM, 2) has mapped processes, 3) has a run-time workflow\workload Case platform, where Cases have declared objectives, 4) has non-subjective means of assessing progress toward meeting … Continue reading

Posted in Adaptive Case Management, Business Process Improvement, Business Process Management, Case Management, Decision Making, FOMM, Process auditing, Risk Analysis | Leave a comment

Steering the ship – the new business management reality


Increased global competition has more corporations chasing after the same opportunities. The impact on strategic planning has been a reduction from 5-year planning cycles, with annual reviews, to 18 month cycles, with quarterly reviews. The playing field has changed in … Continue reading

Posted in Competitive Advantage, Decision Making, FOMM, Risk Analysis, Strategic Planning | Leave a comment

Big Data and Competitive Advantage


The link between big data and corporate competitive advantage Success in business is all about building, sustaining and augmenting competitive advantage. Given comparable infrastructure (Capital, Access to Capital, Land, Equipment, Tools, Premises, Staff, Intellectual Property/Knowhow, Current Products/Services, Products / Services … Continue reading

Posted in Case Management, FOMM, Operational Planning, Risk Analysis, Strategic Planning | 2 Comments

What Predictive Analytics Can Do For You!


If you are responsible for managing a business, the maturity level you want to get to is one where staff receives advanced decision support from your business management system. Here is how you can use the “Easy” button to improve … Continue reading

Posted in Adaptive Case Management, Business Process Improvement, Business Process Management, Case Management, Decision Making, Risk Analysis | Tagged , , , | Leave a comment

Risk vs Uncertainty . . . again


I’m not sure people in general understand the difference between risk and uncertainty so here is an update on an article dated 2012. Barry Ritholtz does a good job in the article quoting Michael Mauboussin http://ritholtz.com/2012/12/defining-risk-versus-uncertainty/ Risk: We don’t know … Continue reading

Posted in Decision Making, Risk Analysis, Strategic Planning, Uncategorized | Leave a comment

Adaptive Case Management Earned Value Matrix Model


Adaptive Case Management (ACM) practitioners have a need to periodically assess progress toward Case Goals/Objectives at individual Cases. In an environment where tasks are part of a workflow that has a start and an end, it is fairly easy to … Continue reading

Posted in Adaptive Case Management, Decision Making, FOMM, Operational Planning, Project Planning, Risk Analysis, Uncategorized | Tagged | 2 Comments