The most common tools used in support of management decisions emerged in the 1980s and 90s. They consist primarily of spreadsheets and Gantt-type project tools.
Given the reality and complexity of the systemic and dynamic processes at work in a business today, these tools are not sufficient to assess the consequences of decisions. Decisions taken that affect many dimensions of management, such as, the expected profitability/ cost of a future order/ project or the expected contribution of a future employee /contractor.
Steer your decision-making processes
By combining four cornerstones: human experience, modelling, databases and artificial intelligence, PlanningForce provides a layer of Decision Intelligence that helps managers to steer their decision-making with incredible speed and precision.
The results obtained by this layer of Decision Intelligence are so powerful – and insightful – that Decision-Makers feel in control of processes that have become increasingly complex and interdependent over time. Decision-Makers can easily juggle the multiple factors at play in non-linear decision-making processes simultaneously, thanks to the simulation capabilities of the system.
Benefit from a business “digital twin”
For a Decision-Maker, carrying out a simulation means benefiting from a “digital twin” of the company. This makes it possible to estimate the impact of a given decision on a set of KPIs.
These KPIs can either be financial or non-financial KPIs as well as composite indicators. They reflect the overall performance of the company. Decision-Makers can perform as many simulations as they wish by simply modifying some of the input data.
This allows them to compare the relative impact of each of these simulations on the selected KPIs. In doing so, they can test different scenarios and discuss the pros and cons of each.
Make the most of A.I.
Where one can feel lost in the forest of new technologies, Decision Intelligence can serve as a compass to understanding how to make the most of Artificial Intelligence, Machine Learning, Big Data and Operational Research. It also provides guidance regarding the pitfalls one should not fall into when it comes to investing in these disciplines and technologies!
At a time of great uncertainty, Decision Intelligence maps out a comprehensive pathway to the future, giving the leaders the keys to understanding the complexity of the world and how to make the most of the opportunities A.I. offers to management.