Value Creation from the Impact of Business Analytics
Abstract
Digital transformation is a key imperative across multiple industries globally. One of the main tenets of digital transformation is improving the intelligence quotient in an organization in order to enable accurate decision-making. Intelligence in the digital era is fueled by data and by the ability to analyze data in a way that generates meaningful insights, thereby making an organization competitive. Literature shows that the benefits of being analytically competitive are widespread and impactful across many organization functions like strategy, finance, marketing and operations; but this can be accomplished only if an organization has the right level of capability for adopting and executing analytics initiatives. Data, leadership, people skills, culture and governance are capabilities that are essential for successful analytics endeavors in an organization. This study is focused on building an end-to-end perspective comprising input factors and outcomes of being analytically competitive.
Origin | Files produced by the author(s) |
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