Friday, March 14, 2008

A technical framework for sense-and-respond business management

This paper from the IBM Labs presents a good technical framework about what processes could be needed to achieve change managemetn when introducing predictive analytics (phrase taken from James Taylor) in a rapid changing enviroment. I am not suggesting that this process is exclusive or innovative, but I am suggesting that a process is indeed needed for change management to take place (if you fail to plan, you plan to fail). What other processes, or components of a process, are needed to introduce predictive analytics into a rapid changing environment? If you take into account the changing nature of the world economy and how is affecting organizations, what processes need to be in place to introduce predictive analytics into an organization? We know that is not a matter of the science and technology since those are already in place.

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