Decision Contracts: Turning Predictions into Accountable Business Actions

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Decision Contracts: Turning Predictions into Accountable Business Actions

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Models that emit scores rarely include the binding rules leaders need: who acts, when, at what threshold, and who pays for mistakes. In this 20‑minute executive monologue Mirko introduces ‘Decision Contracts’—compact, board‑readable agreements that translate predictions into executable, funded business decisions. The episode defines the contract’s essential fields (decision trigger and action matrix, costs of false positives/negatives, human‑in‑loop gates, rollback and fallback plans, monitoring SLIs, feedback cadence, funding and escalation clauses), illustrates two anonymized vignettes where absent decision rules caused revenue or compliance harm, and gives a repeatable rubric to draft and pilot Decision Contracts in 30–90 days. Listeners get board‑friendly KPIs, a prioritized checklist to brief legal/procurement/business owners, and a link to download the Decision Contract template to place into procurement and governance cycles. Practical, non‑technical, and immediately actionable for executives who must make predictions produce measurable value. CTA: download the Decision Contract template at datascience.show/decision-contracts. That’s the difference between models and value.

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I share practical AI leadership notes on LinkedIn — the kind you can forward internally or reuse in executive discussions.
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