In the last post Sanjiv discussed about the 4 types of Analytics and the way Real-time Prescriptive Analytics is helping organizations become operationally agile. But what goes on inside such a prescriptive system? To discuss that, we will leverage the OODA framework developed by military strategist Colonel John Boyd. Though developed for achieving success in … Read More
Year: 2013
OpsVeda – Voice of the Customer
It is one thing for my colleagues and me to wax eloquent about the merits of our product. But it is something else to hear back from users who live the product every day. And that’s what happened when we conducted a survey of OpsVeda# users at a large multi-billion dollar electronics manufacturer. To our … Read More
Enabling decision automation with Prescriptive Analytics
Last month Gartner published an article titled “Extend Your Portfolio of Analytics Capabilities” where they discussed the four types of analytic capabilities, their usage and the human intervention needed at each level to translate the data insights to action. The framework is captured well in the below figure – also from the same article. Source: … Read More
Business Agility – No longer about reacting fast
Agility is generally associated with flexibility and nimbleness in quickly adapting to a rapidly changing environment. In business, agility has been traditionally referred to as the ability of an organization to adapt to rapid market and environmental changes in productive and cost-effective ways. This traditional reference to business agility does not consider what organizations can … Read More
Birth of a Business Paradigm – Business Agility
Last month, a friend of mine bought a product after watching one of those telebrand shows on television. He called up the phone number that was provided, placed his order and the shipment arrived in just a few days. Except that there was a problem. HE WAS SHIPPED THE WRONG PRODUCT! One that he did … Read More