Opening book details…
Can I read Exploring the Critical Success Factors for Developing and Implementing A Predictive Capability in Business: Predictive Business on EtoBox?
Exploring the Critical Success Factors for Developing and Implementing A Predictive Capability in Business: Predictive Business by Harri Jalonen; Antti Lönnqvist is a Business, Management and Accounting article available to read on EtoBox.
What is Exploring the Critical Success Factors for Developing and Implementing A Predictive Capability in Business: Predictive Business about?
Predictive capability (when implemented in a business context) refers to the early recognition of business opportunities and threats, improved customer intimacy, and agile reaction to changes in the business environment. In this article, we propose that developing and implementing a predictive capability depends on a change process that is only implementable under certain conditions. Based on a review of the research literature and interviews, three critical success factors relating to the successful implementation of the relevant change process were identified. They are (1) identifying the change drivers; (2) organizing vision for the change; and (3) the capacity to execute change. These three factors were further divided into 11 dimensions, which are as follows: (1a) increasing networking; (1b) changing customer needs; (1c) increasing elements of the knowledge economy; (1d) development of the information technology; (2a) strategic benefits; (2b) transactional benefits; (2c) informational benefits; (3a) strategic capabilities; (3b) management capabilities; (3c) knowledge capabilities; and (3d) operational capabilities. The findings suggest that Finnish manufacturing companies are
Who reads Exploring the Critical Success Factors for Developing and Implementing A Predictive Capability in Business: Predictive Business?
It is typically read by researchers, students, and practitioners in Business, Management and Accounting.
- Author
- Harri Jalonen; Antti Lönnqvist
- Publisher
- John Wiley and Sons; Wiley (John Wiley & Sons); Wiley - V C H Verlag GmbbH & Co.; Wiley (ISSN 1092-4604)
- Published
- 2011
- Language
- EN
- Field
- Business, Management and Accounting (Social Sciences)