Guide to Business Process Management Metrics
Business process management (BPM) metrics serve as goalposts to facilitate operational improvement and enable business success. It is composed of key performance indicators (KPIs) which are measured and analyzed to help decision makers come up with strategies that...
The DIKW Model: Data, Information, Knowledge and Wisdom Continuum (Business Intelligence & Analytics Part 2)
“Essentially, all models are wrong, but some are useful.” -George E.P. Box Whether applying G.E.P. Box’s aphorism to scientific theories, your spreadsheet sensitivity analysis, the statistician G.E.P. Box was referring to the limitations of models but can only...