Adam Garfein & Anil Menawat

Menawat & Co.

 

August, 2010

 

Predictive Operational Analytics is the convergence of business methods, systems thinking, and business intelligence software for rapid decision making to maximize performance and profit. In this article, we describe the individual elements of Predictive Operational Analytics and present its practical application using Profit Mapping methods and tools.

 

Table of Contents

 

Introduction
   Brief History of Business Decision Making Frameworks and Tools
   Two Tiers of Operational Decision Making
   An Interconnected View of the Business
Predictive Operational Analytics
   1. Systems Thinking for Business Success
      Strategic Business Unit: A Value-Centric Container
      Conquer System Details and Dynamics for Business Success
      Apply the Past with Caution in Decision Making for the Future
   2. Business Methods Ensure Superior Execution and Reduce Risk
      Importance of Proper Problem Definition
      Systems Thinking Helps Business Methods Avoid Local Optimization
   3. Dynamic Analysis Software Provides "Perspective" for Success
      Create the Best Possible Operational Solution
      "What-If?" Scenarios Create an Agile Framework
      Dynamic "What-If" Modeling Without Coding
      Predictive Operational Analytics Software Requirements
Predictive Operational Analytics in Action
About Menawat & Co.
   Operational Risk and Reward
   Services
   Examples of Our Work
   Unique Value with Diverse Industry Expertise
   Award Winning Software