Using
Ventana Models
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Ventana® model remains vital and valuable over the long
term by maintaining strong connections to the organization.
Ventana provides clients with a variety of options for keeping
the model current with knowledge and data, making the model
easy and familiar to users, and supporting users' choices of
actions to increase performance. |
Connecting
users to better performance (business process)
Getting full advantage from Ventana models is a matter of supporting
and coordinating people, and how they spend their time. Since the
client knows best how to deploy its people in the context of their
other responsibilities, Ventana helps the client to design their
own business process for the model. The business process:
•
Schedules interactions between decision makers and the model,
either directly or through designated model users.
• Provides time and tools for people to interpret and communicate
model results.
• Facilitates upkeep of data sets and minor model maintenance
if required.
The
amount of time required for this depends on the degree of automation
built into the interface and data management system, and on the
nature of the decisions being supported. Ventana helps clients to
determine their specific requirements.
Clients
have developed a wide variety of means to support smarter decisions
with models. Some common arrangements include:
•
Executive strategy application: Executives examine their options
using a decision support tool on their own personal computers,
using an intuitive interface requiring little training time, and
automated data management supported by an analyst. (Example: The
CEO Strategy Flightdeck for financial institutions)
• Model expert: Decision makers communicate regularly with
an expert model user who generates, interprets, and explains model
results.
• Outsourcing: A consultant uses model and reports results
and implications to the executive team.
• Embedded algorithm: A Ventana model is used to develop
and test decision rules for automated decisions, for example,
logistics rules for re-ordering, stocking levels, part transfers,
and the like. These embedded algorithms may be updated using a
strategic model, for example, a model of the overall supply chain
system.
Drawing
on past experience, Ventana helps clients define the business process
best suited to their own needs and culture.
Ventana
helps clients make coordinated choices for knowledge management,
data management, interface, training, and business process, to put
in place solid tools and procedures for sustained performance improvement.
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