Question: Discuss how organizations are using big data and analytics to develop a sustainable competitive advantage and return on investment, including options for outsourcing. Give examples
Discuss how organizations are using big data and analytics to develop a sustainable competitive advantage and return on investment, including options for outsourcing. Give examples from the following article - https://hbr.org
To help you get started, read the article,Big data analytics and firm performance: Effects of dynamic capabilities https://www.sciencedirect.com/science/article/abs/pii/S0148296316304969
Discuss the catalysts for encouraging an analytics culture and methods you would recommend in overcoming barriers and constraints associated with implementing a learning analytics plan. These may include:
- pressure associated with change
- competitive pressures and training constraints
- managing resources effectively
- communication challenges
- communicating the value of business analytics
- addressing privacy and ethical concerns
- re-evaluating policies and procedures, "the way things have always been done."
Give an example.
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