Skip to Content
The Decision Intelligence Handbook
book

The Decision Intelligence Handbook

by L. Y. Pratt, N. E. Malcolm
June 2023
Intermediate to advanced
267 pages
7h 54m
English
O'Reilly Media, Inc.
Content preview from The Decision Intelligence Handbook

Appendix. Framework for How Data Informs Decisions

Data can inform decision making in many different ways, which are diagrammed in Figure A-1. This diagram shows nine places where data informs a CDD during simulation, labeled T(i) through T(ix). There are also seven places where the CDD acts as a framework for a data-tracking mechanism after the action is taken in reality, labeled R(i) through R(vii).

Figure A-1. A framework for how data informs decisions. Source: lorienpratt.com (reproduced with permission).

The data integration points circled in Figure A-1 are:

  • T(i): A simple lever, which in reality (R) will be an action, and which can be represented by data. For instance, the number of minutes you choose to spend reading this chapter can be represented by a number.

  • T(ii): A more complex lever, perhaps representing a plan. For instance, you might plan to spend 10 minutes studying DI today, 20 tomorrow, and a half hour on Wednesday.

  • T(iii): A scalar external: something you can’t control, but whose value influences how actions lead to outcomes. For instance, the price of a competitor’s product.

  • T(iv): A more complex external. For example, this might be a prediction of market salaries for your job position over the next three years.

  • T(v): A dependency link that represents how one factor influences another, and whose form may be a model informed by data.

  • T(vi): An intermediate, ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers

Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers

Alexander Osterwalder
Crucial Conversations

Crucial Conversations

Joseph Grenny, Kerry Patterson, Ron McMillan, Al Switzler, Emily Gregory
The Goal

The Goal

Eliyahu M. Goldratt, Jeff Cox
The Manager's Path

The Manager's Path

Camille Fournier

Publisher Resources

ISBN: 9781098139643Errata Page