000 03043nam a22002417a 4500
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020 _a9783030066345
082 _a658.401
_bANA
245 _aAligning business strategies and analytics:
_bbridging between theory and practice
260 _bSpringer
_aCham
_c2019
300 _axix, 211 p.
365 _aEURO
_b119.99
490 _aAdvances in Analytics and Data Science (AADS, volume 1)
520 _aThis book examines issues related to the alignment of business strategies and analytics. Vast amounts of data are being generated, collected, stored, processed, analyzed, distributed and used at an ever-increasing rate by organizations. Simultaneously, managers must rapidly and thoroughly understand the factors driving their business. Business Analytics is an interactive process of analyzing and exploring enterprise data to find valuable insights that can be exploited for competitive advantage. However, to gain this advantage, organizations need to create a sophisticated analytical climate within which strategic decisions are made. As a result, there is a growing awareness that alignment among business strategies, business structures, and analytics are critical to effectively develop and deploy techniques to enhance an organization’s decision-making capability. In the past, the relevance and usefulness of academic research in the area of alignment is often questioned by practitioners, but this book seeks to bridge this gap. Aligning Business Strategies and Analytics: Bridging Between Theory and Practice is comprised of twelve chapters, divided into three sections. The book begins by introducing business analytics and the current gap between academic training and the needs within the business community. Chapters 2 - 5 examines how the use of cognitive computing improves financial advice, how technology is accelerating the growth of the financial advising industry, explores the application of advanced analytics to various facets of the industry and provides the context for analytics in practice. Chapters 6 - 9 offers real-world examples of how project management professionals tackle big-data challenges, explores the application of agile methodologies, discusses the operational benefits that can be gained by implementing real-time, and a case study on human capital analytics. Chapters 10 - 11 reviews the opportunities and potential shortfall and highlights how new media marketing and analytics fostered new insights. Finally the book concludes with a look at how data and analytics are playing a revolutionary role in strategy development in the chemical industry. (https://link.springer.com/book/10.1007/978-3-319-93299-6#about-this-book)
650 _aStrategic planning
_913339
650 _aManagement information systems
_913029
650 _aOperations research
_915406
650 _aDecision making
_912961
700 _aAnandarajan, Murugan
_915407
700 _aHarrison, Teresa D.
_915408
942 _cBK
_2ddc
999 _c5814
_d5814