Portfolio management
Many business challenges involve selecting a portfolio of projects or investments. Examples include selecting investments, research and development projects, or tools to mitigate financial, operational, or cyber risks. Here are a range of case studies and examples applying Analytica to optimize and manage portfolios.
Book review: decision making under uncertainty
This just-released Spanish-language textbook from Professor Jorge E Muro Arbulú has now taken its spot as my favorite textbook on …
Balanced scorecard, meet decision analytics!
If you’ve used the balanced scorecard approach before, you’ll know that it extends the older concept of purely financial measures of a company’s performance.
Risk analysis in project management
The first challenge in understanding risk analysis in project management is to nail the definition of risk analysis. International standards like ISO 31000 notwithstanding, ...
How a good model could save your organization
Sometimes it’s one big thing that sinks a company. Gerald Ratner, former chief executive of the British Ratners Group, a leading jewelry company, came close. With one speech, ...
The rise of decision analytics
Where did decision analytics come from? And where is it headed in the future? The term decision analysis was coined by Ronald A. Howard, Professor of Management Science and ...
The art & science of business intelligence
It’s the title of a book. But is it also a deeper observation about what it takes to put good business intelligence in place? Behind this apparently innocuous catch-all pairing ...
Data modeling 101
Think data modeling is just for the geeks? Think again! Even if deep down in the IT layers data models can make Egyptian hieroglyphs look like a Dr. Seuss book by comparison ...
Making management enthusiastic about decision support software
If extensions to your business modeling activities depend on convincing upper management of the utility of business decision support software, then a few ‘selling’ tips may help.
