Archive for November, 2006
Step 6: Automate Business Decisions using Business Rule Engines
2 Comments Published by Rajgo November 22nd, 2006 in Business Rules, Rule Engine, Business Rule Engine, Business Rules Management System, Business Rules CodexStep 6 of 10 Steps towards the Agile Enterprise
By this step, the business policies that drive decision making are well known and centrally controlled. As I had discussed in my previous post, many of the business decision could be taken by the system itself.I had concluded Step 5 with this line,
Your rules are […]
Step 5 : Policy Capture & Modeling – How do we make Decisions?
1 Comment Published by Rajgo November 21st, 2006 in Business Rules, Business Rules CodexStep 5 of 10 Steps towards the Agile Enterprise
In my previous post, I discussed the pains that an enterprise goes though when attempting to automate its business decision making steps in a business process. I concluded by highlighting the need to get back to the drawing table, and collate and capture all the […]
Step 4: Process Automation Is Not Equal to Decision Automation!
0 Comments Published by Rajgo November 20th, 2006 in Business Rules, Business Rules CodexStep 4 of 10 Steps towards the Agile Enterprise
Series Recap
1. Step 1: Process Automation - Everyone Starts Here
2. Step 2: The Well defined Process
3. Step 3: The Managed Process
Answer This : 80% of your process & workflow is now automated, but how much […]
Step 3: The Managed Process
0 Comments Published by Rajgo November 20th, 2006 in Business Rules, Business Rules CodexStep 3 of 10 Steps towards the Agile Enterprise
In Step 1, I talked about how the Enterprise goes ahead with Process Automation.
In Step 2, I showed how efforts are made to understand how things work so that the process can be improved.By the end of Step 2, the Enterprise would […]
Step 2: Gaining Insight into your Process
0 Comments Published by Rajgo November 18th, 2006 in Business Rules CodexStep 2 of 10 Steps towards the Agile Enterprise
In Step 1, I touched upon why enterprises want to automate their business work processes.
Ok, you have automated your process, so are you done? Things Rarely happens that way. What has happened till now is that your work process automation has begun, and is in its initial […]
Step 1: Process Automation - Everyone Starts Here
1 Comment Published by Rajgo November 17th, 2006 in Business Rules, Business Rules CodexStep 1 of 10 Steps towards the Agile Enterprise
Every organization aiming to improve the way they work start here.The processes targeted include those that affect financial and operational excellence.
Some of the reasons why enterprises take up for process automation are
Turnaround time is high. It just takes too much time to complete tasks
The operations involved […]
10 Steps towards the Agile Enterprise
1 Comment Published by Rajgo November 17th, 2006 in Business Rules, Business Rules Management System, Business Agility, Business Rules Codex, Policy Governance, Business Rule AnalyticsEverybody understands process automation, but is process automation and even process management really enough. Process automation never really translates into automating your business decision services.
Now, an enterprise hoping to be able to respond to change quickly, must be able to change the way its systems (process, people) make/take business decisions. An Enterprise […]
The Business Rules Codex
0 Comments Published by Rajgo November 16th, 2006 in Business Rules, BRMS, Rule Engine, BRE, Business Rule Engine, Business Rules Management System, Decision Tables, Business Rules CodexI am going to be start putting out a detailed series of posts on Business Rules. The idea essentially is to consolidate my knowledge on this area into one single repository for easy distribution.
I would be consolidating all this content under the Business Rules Codex Tag here, for easy access.
The topics that I would be […]
Extreme Mortgage - A L.O.S in under 5 months?
1 Comment Published by Rajgo November 15th, 2006 in Business Rules, BRMS, Rule Engine, QuickRules.NET, BRE, Business Rule Engine, Business Rules Management System, Decision Tables, Business Agility, MortgageI heard this true customer story from our Professional Services Team in YASU.Now beat this !.
A brand new Loan Origination System
Built for one product line, say Alt A !
Add 10 - 15 Investors for the product line!
Up & running & in operation in less than 5 months!
So, what got automated?
Eligibility
Underwriting
Pricing
So, how was that done ?
The […]
Banks don’t understand their Customer’s Goals !
0 Comments Published by Rajgo November 13th, 2006 in Business Rules, BRMS, Rule Engine, QuickRules.NET, BRE, Business Rule Engine, Business Rules Management System, Business Agility, CRM, Banking, Customer ServiceCheck this headline in Banknet 360, Banks Get Low Marks for Emotional Support.
I have seen this same recurring theme reported by one blog after the other. Banks have all the customer data, but what are they doing with it?
Personalized, customized service, nice try!
I suspect that banks do not even know what kind of treatment they […]


















