How to Effectively Use Experimentation to Improve Operational Decisions
Facing market uncertainties, testing new credit strategies in a sand box will only marginally raise your confidence level. How will applicants behave with higher credit limits? How will lowering them affect your bottom line? Champion/Challenger experiments can be an effective way for your organization to test several strategies in parallel while mitigating risk. However, knowing when and how to implement these experiments will determine the effectiveness of your experiments. Join us on Thursday, April 6th at noon ET, as Carole-Ann Berlioz, Co-Founder and Chief Product Officer at Sparkling Logic, provides practical guidance on how to effectively operationalize Champion Challenger experiments. Learn how to set up experiments in a manner that won’t interfere with existing experiments, is easy for non-technical staff to manage, and can quickly lead to better decision outcomes.
- How champion/challenger experiments works
- Benefits and challenges of champion/challenger experiments
- Best practices for design and implementation
Additional Resources to Operationalize Champion Challenger:
- Webinar: Operational Decision Deployment Strategies in Market Uncertainty
- Blog Post: What are Champion/Challenger Experiments in Decision Management?
- Blog Post: Rolling Out Deployments with Champion/Challenger
Sparkling Logic’s best-in-class series webinars are designed for business analysts and decision management practitioners who may or may not be familiar with Sparkling Logic’s SMARTS™ decision management platform. We provide practical guidance through out the decision management lifecycle. Whether you’re looking for tips on how to design, test, deploy, monitor, or improve risk and other operational decisions, this webinar series is for you. You can view all our past webinars and sign up for our periodic newsletter to receive updates on upcoming webinars.
If you’re new to decision management and SMARTS™, here are some resources to get your started: