Decision modeling, as a business user-friendly interface to rules management systems, has been popular for many years. DMN 1.0 now provides a standard to dissect decisions, relate it to input facts ...

Small business owners and managers make decisions that affect everyday operations and long-term profitability. These decisions typically involve making choices to achieve desired outcomes. For example ...

Perfect things rarely become that way all at once. From making a great movie to planning a memorable vacation to running a successful business, it takes a series of intelligent decisions, big and ...

Nabil Al-Najjar is the John L. and Helen Kellogg Professor of Managerial Economics and Decision Sciences. For his excellence in teaching, Al-Najjar has twice been the recipient of the school's Sidney ...

Good decision making involves knowing what will be accepted and enthusiastically supported in your company. An unpopular decision can result in apathetic non-compliance or even outright mutiny by ...

Effective model risk management requires a combination of analytical skills, governance and organizational structure, as well as the ability to negotiate. In early studies of model risk management ...