Data scientists sometimes lament, "Why can't I get anyone to use my predictions?" Great models that make accurate predictions are sometimes disconnected from organizational decision-making. This hurts the business and reduces the data scientists’ perceived value the within the organization. But it doesn't have to be this way. Leading expert James Taylor, author of Decision Management Systems: A Practical Guide to Business Rules and Predictive Analytics, has developed a practical approach you can use to improve adoption and elevate your organization.
25. Case study: Insurer
Business challenges Solution Benefits
Use analytics to Model and Find the decisions
improve underwriting decompose decisions that could be
Map decisions to impacted and
Embed analytics in refocused analytic
claim processing systems and
organizations effort
application
Constrained analytic
effort to ensure
successful
implementation