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Knowledge Discovery Process and Methods to Enhance Organizational Performance
book

Knowledge Discovery Process and Methods to Enhance Organizational Performance

by Kweku-Muata Osei-Bryson, Corlane Barclay
March 2015
Intermediate to advanced content levelIntermediate to advanced
404 pages
13h 3m
English
Auerbach Publications
Content preview from Knowledge Discovery Process and Methods to Enhance Organizational Performance
A Novel Method for Formulating the Business Objectives75
meet the threshold values specied in the statement of objectives. For instance, in
case of the example shown in Figure4.5: (a) Δ dollar prots should be $5 million;
(b) Δ approval rate 5%; and (c) Δ loss rate 0, as the objective is to maintain
better or similar loss rates. e sequence of steps is also summarized as follows:
Select the existing and the desired values for the focus variable.
e delta (or dierence) between existing and desired values is a business suc-
cess criterion.
For example, if the existing value for charge-o rate is 5% and the desired
value is 2
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Publisher Resources

ISBN: 9781482212365