Enterprise Data-Driven Decision Making: A Framework for Digital Transformation and Organizational Excellence
Year: 2024
Type: article
Abstract: This article examines the transformative impact of Data-Driven Decision Making (DDDM) on enterprise systems, focusing on its implementation, challenges, and organizational implications. The article explores how organizations leverage advanced analytics, machine learning, and artificial intelligence to enhance operational efficiency and strategic planning through systematic data utilization. This article presents a comprehensive framework for successful DDDM implementation in enterprise environments by analyzing the transition from traditional decision-making approaches to data-driven methodologies. The article addresses critical challenges, including data quality concerns, integration complexities, and organizational resistance, while highlighting the importance of robust data governance and cultural transformation. Furthermore, the article investigates the role of continuous feedback mechanisms and KPI monitoring in fostering organizational agility and informed decision-making across all hierarchical levels. The findings emphasize the significance of employee training, data literacy, and strategic infrastructure development in creating sustainable competitive advantages through DDDM adoption. This article contributes to the growing body of knowledge on enterprise system transformation. It provides practical insights for organizations seeking to enhance their decision-making capabilities in an increasingly data-driven business landscape.
Author: Mohanraj Varatharaj -
Institution: University of South Dakota
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4406622135