Risk Based Decision Support

ArrowMiner©   Risk Based Decision Support

We like to think that we are logical and that when we are making a decision, we carefully weigh all of our alternatives, apply a risk-based approach and consider our previous experience in similar cases. Even the important decisions where we think we are being logical, the research shows that are made unconsciously, involve emotion, personal risk appreciation, and experience. Control every decision taken and prevent unpredictable consequences for your organization.. with ArrowMiner©.


Risk-Based Decision Support
 
Preserve Corporate Memory

A no-code decision support framework for all business and non-business applications. With ArrowMiner©, organizations will be able to redefine the decision space, document how decisions are taken, and apply risk criteria and prediction functions ensuring that repetitive decisions are aligned to the organization’s risk policy. Global Weighted Risk will instantly show the decision impact on the organization.

 

Organizations must be confident that business decisions do not breach the risk policy and that previously taken decisions will forge and improve future decisions. ArrowMiner© advanced Machine Learning engine operates on ultimate human decision providing optimized decision predictions based on the organization’s corporate memory.

Act Directly On Human Decision

 

Manage Your Decision Centers

Get back to the essentials of your organization’s decision-making and preserve what made you successful. Build the future of your company based on good and bad experiences and forge the path to the future. With ArrowMiner©, you will go back to the fundamentals: Risk Perception, Decision Severity, and Outcome Efficiency and detach from all those biases, wrong assumptions, and prejudices and make wise decisions based on risk, experience, and corporate values.

 

Organizations are composed of multiple decision centers shaping the future with good and often bad decisions. Rogue decision-makers and islands of sub-culture will put your organization in peril. ArrowMiner© will advise your decision-makers on the decisions to take, block risky decisions and provide predictions based on the desired outcome.


ArrowMiner© Immediate Benefits For Your Organization
Get immediate benefits from ArrowMiner© and gain a competitive advantage.  Stop wasting millions on bad decisions! ArrowMiner© Risk-based decision support will prevent unpredictable consequences for your organization. Bad decisions may be very costly. In the Financial Sector, in a single decision center, the costs may reach millions per month. Reputational and regulatory risk damage may result in high costs and be fatal to your organization.

Return On Investment
 
Control Decisions

Stop wasting millions on bad decisions! ArrowMiner© Risk-based decision support will prevent unpredictable consequences for your organization. Bad decisions may be very costly. In the Financial Sector, in a single decision center, the costs may reach millions per month. Reputational and regulatory risk damage may result in high costs and be fatal to your organization.

 

Act directly on decisions and focus on decision quality without complex configurations on decision-modeling structures and lifecycle. ArrowMiner© operates just before the human decides and aligns strictly to your risk policy, applying human decision criteria without requiring integrations with legacy systems.

Control Risk
 
Document & Analyze

Prevent guts-only decisions that may put your organization in peril. Limit risks with multiple thresholds like maximum weighted risk or unusual decisions. ArrowMiner© will help you control the risk just before the decision is taken. Implement your organization’s risk policy and apply global rules to a specific application, detect unusual risks and unusual decisions.

 

Focus on quality and see why and how a decision is taken with multiple documentation functions and advanced interactive analytics for an immediate view of your risk exposure. “If you do not document it, it does not exist”. ArrowMiner© allows you to document each decision with multiple tools.



ArrowMiner© AI Basics For The Enterprise
Today, we have organizations called Internet companies. The fundamentals that define an Internet company are not whether you operate a website but whether you have built your whole company to leverage the Internet. Just as building a website doesn’t make you an Internet company, sprinkling on a little bit of machine learning doesn’t make you an AI company. ArrowMiner© builds an AI decision framework.

AI-Enabled Company
 
Digitization vs AI

AI will transform the organization structure and trigger the rise of new types of companies. Today, the fundamentals that define an Internet company are not whether you operate a website but whether you have architected your whole company to leverage the Internet. Just as building a website doesn’t make you an Internet company, sprinkling on a little bit of machine learning doesn’t make you an AI company.

 

During the digitization era, we took things that were analog, or just not in the computer, and digitized them. After that comes some data science, where you start to get more insights, and then also AI, because it’s only after you have the digital data that AI is very efficient in coming in to optimize that data and create value.

AI & Data Organization 
 
AI & Company Organization

AI companies tend to organize the data more efficiently. So putting data in a centralized data warehouse makes it more efficient for engineers or software to exploit that data. Instead of federated or distributed data sets, we like to bring them together because it’s like gunpowder. You put a lot into it to make a big bang.

 

The old job organization descriptions—engineer, product manager, designer—are breaking down. E.g. For any mobile app, there was probably a product manager that drew a simplified diagram called a wireframe to design that app. That just doesn’t make sense in the AI era.


ArrowMiner© Impact. Severity. Efficiency.

Although human eyes and brain can search and compare complex objects and notions at a light speed, the ability to repeat reliably the problem is biased by the fact that humans may be.. bored, tired, or distracted. We should be able to compare a decision taken 10-20-100… years ago with a decision taken today and easily build and take advantage of the organization’s experience and corporate memory. This is possible when applying 3 fundamental values to a decision.

Risk Impact Decision Severity Outcome Efficiency
A risk, by its very nature, has a negative impact. Every decision includes a level of risk, depending on each decision criteria risk weight on the decision. Decision severity describes the importance and attention that should be given to a case depending on risk impact and expected outcome. The result and consequences of a decision form the outcome. Outcome efficiency describes the level of benefit resulted from a decision.



ArrowCheck© Advanced Decision Documentation

Documenting how decisions are made is one way of safeguarding the organization’s corporate memory and demonstrating how support was provided. It is important to document how the decision was made, what support was provided, and what the decision is.  Each decision document may have its own terminology. However, in essence, each document should include the following primary sections: Decision To Be Made, Current Status, Options, Recommendations, Decision, Next Steps, Sign Off, etc..



 

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