The Experts below are selected from a list of 6 Experts worldwide ranked by ideXlab platform
David Loshin - One of the best experts on this subject based on the ideXlab platform.
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Chapter 7 – Business Rules
Business Intelligence, 2020Co-Authors: David LoshinAbstract:Publisher Summary This chapter explores the use of Business Rule systems as a component of a Business intelligence (BI) strategy. It can differentiate between the Rules that drive a process and the generic machinery that implements those Rules and process. A Business Rules system is as a well-described set of environment states, a collection of environment variables, a set of formally defined Rules that reflect Business policies, preferences, guidelines, etc. indicating how the environment is affected and a mechanism applicable for the operation of those Rules. In a Business Rules system, all knowledge about a Business process is abstracted and separated from the explicit implementation of that process. The area of Business Rules is an evolving technology that derives its value specifically from the separation of Business logic from logic implementation. According to the Business Rule Group, a Business Rule is a directive approach to command and influence or guide Business behavior, in support of Business policy that is formulated in response to an opportunity or threat. From the information system perspective, a Business Rule is a statement that defines or constrains some aspect of the Business. It is intended to assert Business structure or to control or influence the behavior of the Business.
Tom Feglar - One of the best experts on this subject based on the ideXlab platform.
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Advances in decision analysis and systems engineering for managing large-scale enterprises in a volatile world: Integrating Benefits, Opportunities, Costs and Risks (BOCR) with the Business Motivation Model (BMM)
Journal of Systems Science and Systems Engineering, 2006Co-Authors: Tom Feglar, Jason K. LevyAbstract:Over the past few decades, innovations in Information and Communication Technologies (ICT) have led to a significant increase in the complexity of enterprise information systems. This has led to new challenges for enterprise architects, systems engineers, Business managers and other decision makers who must cope with the complexity of Business plans and processes (particularly automated engineering processes). In order to better manage this complexity, the Business Rule Group (BRG) has put forth the Business Motivation Model (BMM). The original BMM uses a SWOT (Strength, Weakness, Opportunity, and Threat) decision analysis approach. However, the SWOT framework contains significant limitations with respect to decision making and ICT risks, hampering the decision making ability of enterprise architects, Business managers, engineers, and other decision makers. The AHP (Analytic Hierarchy Process) and ANP (Analytic Network Process) are among the most widely used decision making tools: they commonly implement a Benefit — Opportunity — Cost — Risk (BOCR) analysis to improve the effectiveness of Business decision making. A new approach is put forth that replaces the original SWOT assessment with an ANP-based BOCR analysis. As well, the original BMM is modified and applied in a Component Architecture Framework (CAF).
Jason K. Levy - One of the best experts on this subject based on the ideXlab platform.
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Advances in decision analysis and systems engineering for managing large-scale enterprises in a volatile world: Integrating Benefits, Opportunities, Costs and Risks (BOCR) with the Business Motivation Model (BMM)
Journal of Systems Science and Systems Engineering, 2006Co-Authors: Tom Feglar, Jason K. LevyAbstract:Over the past few decades, innovations in Information and Communication Technologies (ICT) have led to a significant increase in the complexity of enterprise information systems. This has led to new challenges for enterprise architects, systems engineers, Business managers and other decision makers who must cope with the complexity of Business plans and processes (particularly automated engineering processes). In order to better manage this complexity, the Business Rule Group (BRG) has put forth the Business Motivation Model (BMM). The original BMM uses a SWOT (Strength, Weakness, Opportunity, and Threat) decision analysis approach. However, the SWOT framework contains significant limitations with respect to decision making and ICT risks, hampering the decision making ability of enterprise architects, Business managers, engineers, and other decision makers. The AHP (Analytic Hierarchy Process) and ANP (Analytic Network Process) are among the most widely used decision making tools: they commonly implement a Benefit — Opportunity — Cost — Risk (BOCR) analysis to improve the effectiveness of Business decision making. A new approach is put forth that replaces the original SWOT assessment with an ANP-based BOCR analysis. As well, the original BMM is modified and applied in a Component Architecture Framework (CAF).