Decisioning is Spreading

Applications:

Risk Analysis and Appraisals
Solution Platforms
Evaluations
Credit and other Scores
Software Programs
Micro and Macro Controls
Underwriting Apps
Modeling-Programming-Processing
Fraud Management and Detection
Customer Acquisition
Collections and Recoveries
Analytics-Strategies-Planning

These are but a few categories that are now naming themselves under what used to be called “decision making.” It seems that we are witnessing the evolution of a new acronym framed as; “decisioning.”

That said, the nagging issue is still the same. No matter what lofty terminology is used, decisions will need to be made at every level. And, with the stakes higher than we can remember, they need to be right.

Again, there has never been a time in our history where the premium on decisioning has been more important. Let’s hope and pray that our decisioners recognize that, and they are committed to that end.