136 • Big Data and Business Analytics
in poor world regions, but also present huge risks that accompany com-
plex nancial risk taking. It is an important problem.
Big Data as a Role in Process Innovation
A decision process is composed of a set of activities, an order of execu-
tion of those activities, and decision rules to determine path choices.
Innovation can occur within the activities of the process, as a driver for
process redesign, or within the rules. Innovation can be done individu-
ally or through collaboration. Big data can have a role in each element of
the process.
A common procedure is to rst map the process using a owcharting
tool such as Business Process Modeling Notation (BPMN 2.0 specication
can be found at http://www.omg.o ...