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This 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.
An important aspect of managing human capital in the 21st century workplace is managing the interface between humans and information technology, particularly the World Wide Web. The Web has changed not only how and where business is conducted, but also how and where work is done. Personal web usage has created many desirable organizational outcomes such as, reducing the cost of communication, restructuring how work is performed. However, it has also generated undesirable outcomes, for instance, loss of intellectual property, sexual harassment lawsuits, productivity losses due to surfing usage, security threats, and network bandwidth overload by visiting web sites for travel, leisure, and sports, and news. The mechanisms controlling the interface of individual and institution in this flexible, open, autonomous work environment created by the Web are emergent phenomena, and the lines between legitimate usage and usage are just beginning to be understood. Personal Web Usage in the Workplace: A Guide to Effective Human Resources Management examines topics which embrace a wide array of Personal Web Usage issues such as antecedents of Web usage, frameworks/models of Web usage, Web technologies for monitoring usage, Web usage within other cultures and countries, Measurement issues of Web usage, and the impact of Web usage among others.
Researchinbothacademicandnon-academiccircleshasremainedvirtuallyiden- calinitsconductandorganizationoverthelastfewdecades. Disparategroupsof researchershaveworkedontheirideas,projectsandinventionsinisolatedclusters, withlittlesharingofinformationandsynergiesfromcollaboration. Theadventof social networks and Web technologies has led to the creation of new research networksthathavedramaticallyreducedthebarriersandobstaclestocollaboration forresearcherswhoaregeographicallyandorganizationallydistant. Webtechnologiesusebroadbandconnections,improvedbrowsers,and"rich" multimediainconcertwithanewgenerationofwebsitesthatencouragedusersto contribute to content. Blogs, forums, wikis, and other forms of user-generated contentare,inmanycases,themajorsourceofcontentforthesewebsites. Theevolutionofsocialnetworksbeganwiththetrulysocialnetworksoffriends pavingthewayforbusinessnetworks,whichinturnledtothecurrentresearch networksthatconnectacademicandnon-academicresearchersacrosstheworld. Beingmuchmorerobustthantheoriginalsocialnetworksandthebusinessn- worksthatfollowed,collaborativeresearchnetworkshavethepotentialtoeven- ate in technological advances, innovation, and economic contributions to both industryandnations. Currently,tensofthousandsofresearchersareusingresearchnetworks,ushering in a new paradigm for research. In this paradigm, collaboration is made much easier,andsharingofresearchknowledgeisinstant. Synergiesfromroutinecoll- oration will yield huge advances in research productivity and innovation. The challengeforadministratorsinbothindustryandacademiaistounderstandhow researchnetworksarechangingthepracticeofresearchandtodecidehowbestto embracesuchtechnologiesandusethemtotheirbestadvantage. v . Contents PartI e-ResearchCollaboration:Theory AnOverviewofe-ResearchCollaboration ...3 1 Introduction...3 2 SocialNetworksandResearchCollaboration ...6 3 WebTechnologies,SocialNetworksande-ResearchCollaboration...6 4 AnOverviewofThisBook...7 5 PartOne:e-ResearchCollaboration:Theory...8 6 PartTwo:e-ResearchCollaboration:Technologies...9 7 PartThree:e-ResearchCollaboration:Challenges...10 8 Conclusions...12 References...1 2 AnAnatomyofCollaborationWithintheOnlineEnvironment ...15 1 IntroductiontoCollaborationTheory...15 2 De?ningCollaboration...16 2. 1 Cooperation...16 2. 2 Coordination...17 2. 3 Collaboration...18 3 EssentialElementsofCollaboration...19 3. 1 Communication...19 3. 2 TrustandRespect ...20 3. 3 EqualityandPower...21 3. 4 StrategicAlliances...22 3. 5 IncentiveandValue...23 3. 6 Negotiation...23 3. 7 Inter-organisationalKnowledgeSharing...24 vii viii Contents 4 ComparisonofCooperation,CoordinationandCollaboration...25 5 PracticalImplicationsforCollaborationTheory...30 References...32 Time,PlaceandCyberspace:FoundationsforSuccessful e-ResearchCollaboration ...35 1 Introduction...35 2 Context:RoleofCommunicationinCollaborations ...36 3 Methodology:CaseStudyofDigitalHumanitiesCommunity...39 4 Findings:e-ResearchCommunicationTools,UsesandDrawbacks...40 5 ImplicationsofResearchResults:FindingtheBalance Betweene-ResearchToolsandIn-personCommunications...43 6 ConclusionsandRecommendationsforGlobalResearchTeams...46 References...47 GapsandBridgesinInterdisciplinaryKnowledgeIntegration ...49 1 Introduction...49 2 KnowledgeIntegrationWithinandBeyondEpistemicCultures...5 1 3 ThePuzzleofInterdisciplinaryKnowledgeIntegration...51 4 ResearchApproach...54 5 COMDEV ...54 6 CollaborationGapsandBridges...55 6. 1 CollaborationBridges...56 7 EntrepreneurialGaps ...57 8 EntrepreneurialBridges...59 9 Conclusion...60 References...63 BuildingaConceptualFrameworkforCreatingNewKnowledge ThroughaVirtualInterdisciplinaryEnvironmentProcess ...
Modern businesses generate huge volumes of accounting data on a daily basis. The recent advancements in information technology have given organizations the ability to capture and store data in an efficient and effective manner. However, there is a widening gap between this data storage and usage of the data. Business intelligence techniques can help an organization obtain and process relevant accounting data quickly and cost efficiently. Such techniques include: query and reporting tools, online analytical processing (OLAP), statistical analysis, text mining, data mining, and visualization. Business Intelligence Techniques is a compilation of chapters written by experts in the various areas. While these chapters stand on their own, taken together they provide a comprehensive overview of how to exploit accounting data in the business environment.
Strong leadership is necessary to drive the transformational change required to build and apply digital capabilities across organizations. Digital transformation in the supply chain is a leadership problem first and foremost. This book draws out some of the key digital business strategies supply chain leaders must become familiar with as they take on the responsibilities of leading transformations within their firms. The central rationale of the book is to establish a clear business case for the performance shifts and opportunities of the Digital Supply Chain. The benefits of a digital supply chain for firms can be summarized as uniquely reducing the amount of trade-off between costs and customer satisfaction. The challenges, complexity, and management involved in transforming to a digital supply chain have slowed many firms in their implementation. The key to unlocking this value and advantage is a new, robust, and digitally aware supply chain leadership mindset. It will provide readers with a practical Digital Supply Chain Leadership Road Map that will accelerate actions in technology, analytics, talent and business models. The road map to digital transformation will step the reader through these critical dimensions and illustrate how they can support their own organizational transformation by developing greater levels of maturity. This book will be most valued by supply chain leaders in medium to large scale organizations, as well as consultants and academics interested in digital business and supply chain transformation. The book will also be valuable for students studying digital transformation, supply chain, and operations.
Strong leadership is necessary to drive the transformational change required to build and apply digital capabilities across organizations. Digital transformation in the supply chain is a leadership problem first and foremost. This book draws out some of the key digital business strategies supply chain leaders must become familiar with as they take on the responsibilities of leading transformations within their firms. The central rationale of the book is to establish a clear business case for the performance shifts and opportunities of the Digital Supply Chain. The benefits of a digital supply chain for firms can be summarized as uniquely reducing the amount of trade-off between costs and customer satisfaction. The challenges, complexity, and management involved in transforming to a digital supply chain have slowed many firms in their implementation. The key to unlocking this value and advantage is a new, robust, and digitally aware supply chain leadership mindset. It will provide readers with a practical Digital Supply Chain Leadership Road Map that will accelerate actions in technology, analytics, talent and business models. The road map to digital transformation will step the reader through these critical dimensions and illustrate how they can support their own organizational transformation by developing greater levels of maturity. This book will be most valued by supply chain leaders in medium to large scale organizations, as well as consultants and academics interested in digital business and supply chain transformation. The book will also be valuable for students studying digital transformation, supply chain, and operations.
The technologies of the Internet have exerted an enormous influence on the way we live and work. This volume in the "Advances in Management Information Systems" series presents cutting-edge research on the transformation of the workplace by the use of these information technologies. The book focuses first on the deleterious transformations (such as "cyberloafing"), then the promising ones (such as the emergence of virtual teams), and then the ways the troubling transformations can be redeemed for organizational benefit. The editors overlay IT topics with insights from organizational behavior, human resource management, organizational justice, and global culture.
The transformational technologies of the Internet-Web compound continue to exert a vast and readily apparent influence on the way we live and work. In recent times, internet penetration is now very high in most parts of the world, impacting the context and content of the workplace and the boundary between work and private life is even more porous. Not only has the reach increased, but the technologies to access the Internet-Web have further evolved towards increasing portability. The hardware evolution from desktops to laptops to mobile technologies (phones, tablets, watches, eyeglasses) marches forward. The increasing mobility and 24/7 accessibility offers the opportune time to revisit the transformations occurring. Today the Internet consists of billions of digital devices, people, services and other physical objects with the potential to seamlessly connect, interact and exchange information about themselves and their environment. Organizations now use these digital devices and physical objects to produce and consume Internet-based services. This new Internet ecosystem is commonly referred to as the Internet of People, Things and Services (IoPTS). In this follow-up to their 2006 volume, Simmers & Anandarajan examine how The Internet of People, Things and Services (IoPTS) transforms our workplaces. Information and communications technology (ICT) expansion from desktops to laptops to ubiquitous smart objects that sense and communicate directly over the internet - the IoPTS - offers us the opportune time to revisit how the Internet transforms our workplaces.
This book introduces text analytics as a valuable method for deriving insights from text data. Unlike other text analytics publications, Practical Text Analytics: Maximizing the Value of Text Data makes technical concepts accessible to those without extensive experience in the field. Using text analytics, organizations can derive insights from content such as emails, documents, and social media. Practical Text Analytics is divided into five parts. The first part introduces text analytics, discusses the relationship with content analysis, and provides a general overview of text mining methodology. In the second part, the authors discuss the practice of text analytics, including data preparation and the overall planning process. The third part covers text analytics techniques such as cluster analysis, topic models, and machine learning. In the fourth part of the book, readers learn about techniques used to communicate insights from text analysis, including data storytelling. The final part of Practical Text Analytics offers examples of the application of software programs for text analytics, enabling readers to mine their own text data to uncover information.
The technologies of the Internet have exerted an enormous influence on the way we live and work. This volume in the "Advances in Management Information Systems" series presents cutting-edge research on the transformation of the workplace by the use of these information technologies. The book focuses first on the deleterious transformations (such as "cyberloafing"), then the promising ones (such as the emergence of virtual teams), and then the ways the troubling transformations can be redeemed for organizational benefit. The editors overlay IT topics with insights from organizational behavior, human resource management, organizational justice, and global culture.
The transformational technologies of the Internet-Web compound continue to exert a vast and readily apparent influence on the way we live and work. In recent times, internet penetration is now very high in most parts of the world, impacting the context and content of the workplace and the boundary between work and private life is even more porous. Not only has the reach increased, but the technologies to access the Internet-Web have further evolved towards increasing portability. The hardware evolution from desktops to laptops to mobile technologies (phones, tablets, watches, eyeglasses) marches forward. The increasing mobility and 24/7 accessibility offers the opportune time to revisit the transformations occurring. Today the Internet consists of billions of digital devices, people, services and other physical objects with the potential to seamlessly connect, interact and exchange information about themselves and their environment. Organizations now use these digital devices and physical objects to produce and consume Internet-based services. This new Internet ecosystem is commonly referred to as the Internet of People, Things and Services (IoPTS). In this follow-up to their 2006 volume, Simmers & Anandarajan examine how The Internet of People, Things and Services (IoPTS) transforms our workplaces. Information and communications technology (ICT) expansion from desktops to laptops to ubiquitous smart objects that sense and communicate directly over the internet - the IoPTS - offers us the opportune time to revisit how the Internet transforms our workplaces.
Researchinbothacademicandnon-academiccircleshasremainedvirtuallyiden- calinitsconductandorganizationoverthelastfewdecades. Disparategroupsof researchershaveworkedontheirideas,projectsandinventionsinisolatedclusters, withlittlesharingofinformationandsynergiesfromcollaboration. Theadventof social networks and Web technologies has led to the creation of new research networksthathavedramaticallyreducedthebarriersandobstaclestocollaboration forresearcherswhoaregeographicallyandorganizationallydistant. Webtechnologiesusebroadbandconnections,improvedbrowsers,and"rich"Researchinbothacademicandnon-academiccircleshasremainedvirtuallyiden- calinitsconductandorganizationoverthelastfewdecades. Disparategroupsof researchershaveworkedontheirideas,projectsandinventionsinisolatedclusters, withlittlesharingofinformationandsynergiesfromcollaboration. Theadventof social networks and Web technologies has led to the creation of new research networksthathavedramaticallyreducedthebarriersandobstaclestocollaboration forresearcherswhoaregeographicallyandorganizationallydistant. Webtechnologiesusebroadbandconnections,improvedbrowsers,and"rich" multimediainconcertwithanewgenerationofwebsitesthatencouragedusersto contribute to content. Blogs, forums, wikis, and other forms of user-generated contentare,inmanycases,themajorsourceofcontentforthesewebsites. Theevolutionofsocialnetworksbeganwiththetrulysocialnetworksoffriends pavingthewayforbusinessnetworks,whichinturnledtothecurrentresearch networksthatconnectacademicandnon-academicresearchersacrosstheworld. Beingmuchmorerobustthantheoriginalsocialnetworksandthebusinessn- worksthatfollowed,collaborativeresearchnetworkshavethepotentialtoeven- ate in technological advances, innovation, and economic contributions to both industryandnations. Currently,tensofthousandsofresearchersareusingresearchnetworks,ushering in a new paradigm for research. In this paradigm, collaboration is made much easier,andsharingofresearchknowledgeisinstant. Synergiesfromroutinecoll- oration will yield huge advances in research productivity and innovation. The challengeforadministratorsinbothindustryandacademiaistounderstandhow researchnetworksarechangingthepracticeofresearchandtodecidehowbestto embracesuchtechnologiesandusethemtotheirbestadvantage. v . Contents PartI e-ResearchCollaboration:Theory AnOverviewofe-ResearchCollaboration ...3 1 Introduction...3 2 SocialNetworksandResearchCollaboration ...6 3 WebTechnologies,SocialNetworksande-ResearchCollaboration...6 4 AnOverviewofThisBook...7 5 PartOne:e-ResearchCollaboration:Theory...8 6 PartTwo:e-ResearchCollaboration:Technologies...9 7 PartThree:e-ResearchCollaboration:Challenges...10 8 Conclusions...12 References...12 AnAnatomyofCollaborationWithintheOnlineEnvironment ...15 1 IntroductiontoCollaborationTheory...15 2 De?ningCollaboration...16 2. 1 Cooperation...16 2. 2 Coordination...17 2. 3 Collaboration...18 3 EssentialElementsofCollaboration...19 3. 1 Communication...19 3. 2 TrustandRespect ...20 3. 3 EqualityandPower...21 3. 4 StrategicAlliances...22 3. 5 IncentiveandValue...23 3. 6 Negotiation...23 3. 7 Inter-organisationalKnowledgeSharing...24 vii viii Contents 4 ComparisonofCooperation,CoordinationandCollaboration...25 5 PracticalImplicationsforCollaborationTheory...3 0 References...32 Time,PlaceandCyberspace:FoundationsforSuccessful e-ResearchCollaboration ...35 1 Introduction...35 2 Context:RoleofCommunicationinCollaborations ...36 3 Methodology:CaseStudyofDigitalHumanitiesCommunity...39 4 Findings:e-ResearchCommunicationTools,UsesandDrawbacks...40 5 ImplicationsofResearchResults:FindingtheBalance Betweene-ResearchToolsandIn-personCommunications...43 6 ConclusionsandRecommendationsforGlobalResearchTeams...46 References...47 GapsandBridgesinInterdisciplinaryKnowledgeIntegration ...49 1 Introduction...49 2 KnowledgeIntegrationWithinandBeyondEpistemicCultures...51 3 ThePuzzleofInterdisciplinaryKnowledgeIntegration...51 4 ResearchApproach...54 5 COMDEV ...54 6 CollaborationGapsandBridges...55 6. 1 CollaborationBridges...56 7 EntrepreneurialGaps ...57 8 EntrepreneurialBridges...59 9 Conclusion...60 References...63 BuildingaConceptualFrameworkforCreatingNewKnowledge ThroughaVirtualInterdisciplinaryEnvironmentProcess ...
Modern businesses generate huge volumes of accounting data on a daily basis. The recent advancements in information technology have given organizations the ability to capture and store these data in an efficient and effective manner. However, there is a widening gap between this data storage and usage of the data. Business intelligence techniques can help an organization obtain and process relevant accounting data quickly and cost efficiently. Such techniques include, query and reporting tools, online analytical processing (OLAP), statistical analysis, text mining, data mining, and visualization. Business Intelligence Techniques is a compilation of chapters written by experts in the various areas. While these chapters stand of their own, taken together they provide a comprehensive overview of how to exploit accounting data in the business environment.
This book introduces text analytics as a valuable method for deriving insights from text data. Unlike other text analytics publications, Practical Text Analytics: Maximizing the Value of Text Data makes technical concepts accessible to those without extensive experience in the field. Using text analytics, organizations can derive insights from content such as emails, documents, and social media. Practical Text Analytics is divided into five parts. The first part introduces text analytics, discusses the relationship with content analysis, and provides a general overview of text mining methodology. In the second part, the authors discuss the practice of text analytics, including data preparation and the overall planning process. The third part covers text analytics techniques such as cluster analysis, topic models, and machine learning. In the fourth part of the book, readers learn about techniques used to communicate insights from text analysis, including data storytelling. The final part of Practical Text Analytics offers examples of the application of software programs for text analytics, enabling readers to mine their own text data to uncover information.
This 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.
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