Macro decisions (million dollar decisions)
Macro decisions are strategic or tactical decisions. I like to call them million dollar decisions.
Examples of macro decisions that can be automated using business rules:
See also:
- What is the best product that we should recommend for this customer?
- What is the best solution for this situation?
- What is our underwiting strategy and policy?
- What is our refund policy?
- What is our pricing strategy for next year?
- What is our discount policy this year?
- What promotions should we run?
- What should we do to improve improve yields and revenue?
- Where should we locate the new store?
- Where should we build the plant?
- Where should we build the product?
- Where should we hire the employees?
- What Legal Entity structure should we use for this company?
- What Legal Entity should we use for this contract?
- Should we create a new legal entity for this deal?
- What is the best way to structure this deal?
- How do we design this plant so as to prevent and contain fires? How do we clean up this oil spill?
- How do we minimize tax and maximize revenue for this contract?
- How should we record these types of accounting transactions?
- How do we calculate this quarter's tax provision?
- How do we solve this customer's mission critical problem right now?
- How do we troubleshoot this problem?
See also:
Comments
hmm - one of these is a micro decision!
- if I have lots of customers then I must make a product recommendation for each of them (micro) not a broad recommendation (macro)
and some have micro decisions hidden in them
- which customers get which discounts in which circumstances?
- which promotion is best suited to each customer?
- how do I calculate the tax implication of each transaction so I can aggregate them for the quarter?
- how does the refund policy apply to this customer (see this post for example)
I also posted again on this topic
Posted by: James | February 8, 2007 04:03 PM