In turbulent times, innovative strategies for execution are essential. This book highlights the role of business intelligence in improving performance through a Value Scorecard that promotes a collective understanding of strategy. It details the Strategic Alignment Process for effective performance measurement and monitoring. Additionally, it introduces the Strategic Alignment Remote Control, designed as a crucial tool for managers to effectively oversee and steer their business operations.
In a rapidly changing VUCA world, effective decision-making requires a deep understanding of current conditions rather than relying on past experiences. The book emphasizes the growing significance of empirical sciences and continuous environmental observation to analyze causal relationships. By deriving new insights, organizations can predict which strategies, such as pricing and marketing measures, are most likely to achieve their goals, enhancing their responsiveness in a complex landscape.
Our future is changing radically as we speak. The machine age is on its way and digitalization, automated machine learning and decision making based on Big Data Analytics is transforming the reality of our private and business lifes. This book will explain how you can benefit from new opportunities and avoid the risk of being replaced as an individual and organization. You cannot avoid digitalization, so it is now on you to decide if you will be part of this journey or be left behind. Content: - Value of Big Data - How Big Data revolutionizes strategy execution - Architecture for Big Data Analytics: Framework and Value Lifecycle - Solutions for Big Data Analytics: Descriptive, Predictive and Prescriptive Analytics, Data Mining and Text Mining, Data Visualization, Tools - Real world use cases for Big Data Analytics: Big Data in merchandising, How Big Data helps a bus company, Utilizing digital media at Piano, Manufacturing intelligence at Villeroy & Boch, Big Data for the Public Distribution System in Tamil Nadu. Additional information and videos available at www.prescient.pro
This book demonstrates how an improved strategic management approach, leveraging established management concepts in conjunction with the innovative technology solutions offered by business intelligence, can lead to better performance. It presents the three main barriers to effective strategy execution and explains how they can be overcome. Creating a shared understanding of the strategy at all levels of the organization using a Value ScorecardTM and following the Strategic Alignment ProcessTM allow organizations to measure and monitor performance. Strategic Alignment Remote ControlTM is presented as the ultimate tool for managers to remain in control of their business. Seven case studies from different industries across the globe provide examples of how the organizational performance can be improved. They include companies like Daimler, Tetra-Pak, Würth, Germany's Federal Employment Agency, the city of Aix-Les-Bains, and Giesecke & Devrient. Additional examples from organizations like Disney, Marriott, Volkswagen, Avis, FedEx, and Harrahs help to demonstrate how applying the concepts introduced adds unique value. The second edition of this book has been updated and improved. Additionally it includes a separate section on decision-making under uncertainty and the results of a survey on the adoption of business intelligence.
E-Learning is not widely used at Germany’s universities. The purpose of this quantitative descriptive research study, based on Rogers’ (2003) diffusion of innovation theory, was to determine to what extent attitude toward using E-Learning, subjective norms, and perceived voluntariness influenced the intent to adopt E-Learning in business administration faculties at universities of applied sciences in Germany. The variables with the most significant correlation with the intent to adopt E-Learning, were the attitude toward using E-Learning, compatibility, result-demonstrability, and subjective norms. This research created additional support for Rogers’ theory of the diffusion of innovations, and an instrument related to the innovation of E-Learning was developed in English and German, that might be useful in further research concerning the diffusion of the innovation E-Learning.
