Strategy Analytics For Business Resilience Theories And Practices

Strategy Analytics for Business Resilience Theories and Practices

A strategy is a blueprint of actions taken by managers to achieve the organization’s mission and vision and other long-term goals. In long term, strategy determines the success of an organization. While evaluating strategy, a company is essentially asking itself, “Where we are heading to and how we will achieve our goals?” Strategy Analytics is a relatively new field in conjunction with Strategic Management and Business Intelligence. Generally, Strategic Management field deals with the enhancement of the decision-making capabilities of managers. Typically, such decision-making processes are heavily dependent upon various internal and external reports. Managers need to develop their strategies using clear strategy processes supported by the increasing availability of data. This situation calls for a different approach to strategy, such as integration with analytics, as the science of extracting value from data and structuring complex problems. The term Strategic Analytics implies decisions are made, resources are invested, and plans for data and analytics are created based on the needs and critical questions a business is facing. The need for analytical solutions in today’s business environment is crucial because they allow users to think strategically about how an organization builds its core competencies and creates value. This not only informs the entire process, saves a lot of time, effort, and money, but also leads to value creation. This book will be one reference source to academic fraternity, management practitioners, business analysts and research students who are interesting in Strategic Analytics domain and using it in their research/practice work. In addition, the proposed book will be serving as state-of-art documentation of Strategy Analytics, its present role around organizational outcomes and outlines the need for greater integration in organization strategy and analytics for better strategic decision processes to measure corporate performance and business value creation. Distinguished Features of the proposed book State-of-art documentation of Strategy Analytics for Business Resilience and their applications for all levels of managerial positions. Excellent reference material for academic scientists, researcher and research scholars working in modern Strategy Analytics and Information Systems. This book will showcase the recent innovations, trends, and concerns as well as applied challenges encountered, and solutions adopted in the fields of Strategy Analytics

Strategy Analytics for Business Resilience Theories and Practices

Business Resilience

In an increasingly VUCA (volatile, uncertain, complex and ambiguous) business world, it is more important than ever for organizations to build resilience into their everyday practice. Business Resilience is a practical guide to making organizations more resilient and improving current practices by building on what the organization does well. It explains how managers should constantly monitor their business environment and adapt their priorities depending on the level of disruption - from gradual innovation and improvement in good times to swarming on a single problem during a crisis. Based on the authors' new models for resilience and progress, this book includes frameworks and tools which can be tailored to any organization and used as stand-alone improvements or combined across teams and departments. These practices avoid unnecessary change but enable rapid and sustainable improvements in product development, service delivery and customer value. Learn how to survive and thrive in any environment with this actionable approach to making progress at pace and effectively embedding business resilience.