Concepedia

Concept

business analytics strategy

Parents

Children

599

Publications

50.8K

Citations

1.5K

Authors

741

Institutions

Definition

Business analytics strategy is the academic concept and methodological framework concerned with the deliberate planning, integration, and deployment of data analytics capabilities within an organization to achieve strategic objectives and secure competitive advantage. It investigates the principles and practices for aligning analytics initiatives with overarching business strategy, optimizing the use of analytical resources, and fostering a data-driven culture to enhance decision-making effectiveness and organizational performance.

Ontological type

Strategic Alignment

Core Components

Implementation Challenges