Using Strategy Analytics For Business Value Creation And Competitive Advantage
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Using Strategy Analytics for Business Value Creation and Competitive Advantage
In the field of strategic management and business intelligence, a formidable challenge is present—conventional decision-making processes, heavily reliant on internal and external reports, struggle to meet the demands of this data-driven era. As organizations grapple with the increasing influx of data, the imperative for a strategic shift becomes undeniably apparent. Using Strategy Analytics for Business Value Creation and Competitive Advantage helps to guide leaders in extracting value, structuring complex problems, and crafting robust business strategies. Scholars and industry experts alike will find within the pages of this comprehensive guide a roadmap to navigate the intersection of organizational strategy and analytics, ultimately unlocking the key to business brilliance. Using Strategy Analytics for Business Value Creation and Competitive Advantage stands as a testament to the commitment to addressing the prevailing challenges in strategic decision-making. Tailored for researchers, academicians, industry experts, and scholars, the book delves into the intricacies of strategy analytics, offering transformative insights for those seeking a competitive edge in the evolving business landscape. Capturing the essence of this exploration, the transformative potential of strategy analytics is encapsulated in this valuable resource.
Using Strategy Analytics to Measure Corporate Performance and Business Value Creation
Strategic analytics is a relatively new field in conjunction with strategic management and business intelligence. Generally, the 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, including integration with analytics, as the science of extracting value from data and structuring complex problems. Using Strategy Analytics to Measure Corporate Performance and Business Value Creation discusses how to tackle complex business dynamics using optimization techniques and modern business analytics tools. It covers not only introductory concepts of strategic analytics but also provides strategic analytics applications in each area of management such as market dynamics, customer analysis, operations, and people management. It unveils the best industry practices and how managers can become expert strategists and analysts to better measure and enhance corporate performance and their businesses. This book is ideal for analysts, executives, managers, entrepreneurs, researchers, students, industry professionals, stakeholders, practitioners, academicians, and others interested in the strategic analytics domain and how it can be applied to complex business dynamics.
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