The potential beyond IC 4.0: the evolution of business intelligence towards advanced business analytics

2019 ◽  
Vol 23 (4) ◽  
pp. 396-410 ◽  
Author(s):  
Milla Ratia ◽  
Jussi Myllärniemi ◽  
Nina Helander
Keyword(s):  
Health Care ◽  
Business Intelligence ◽  
Health Care Sector ◽  
Data Driven ◽  
Business Analytics ◽  
Private Health Care ◽  
Content Type ◽  
The Future ◽  
New Business

Purpose The private health care sector is seeking to improve their understanding of business processes to be able to improve their performance. The purpose of this paper is to understand the future needs of the private health care sector organizations in terms of business intelligence (BI) and business analytics (BA) to ensure value creation. Design/methodology/approach The four evolution stages of intellectual capital enriched by managerial data-driven approach are used as a framework to point out the future of BI or BA in the private healthcare sector. The research includes private health care organizations, BI vendors and management consultants in Finland. Findings Based on the findings, the private health care is stepping towards a new phase of data-driven decision-making, requiring to change the whole set of mind towards use of data and required capabilities. Moreover, it shows that the future factors of BI varied from practical tools and methods such as predictive and prescriptive analytics along with AI, to more conceptual factors such as social BI co-creation and platforms. Practical implications As an outcome, this study provides an understanding of the role of IC components in the future BI and use of BA as well as provides a valuable insight into the future potential of BI in the private health care sector. Originality/value Data-driven decision-making and seeking for new business opportunities are currently one of the most discussed topics in the private health care sector. By identifying the future opportunities of BI and BA, this study provides a better understanding of the role of IC components and BI in creating potential for new business for private health care.

The new era of business intelligence

2018 ◽  
Vol 26 (3) ◽  
pp. 531-546 ◽  
Author(s):  
Milla Ratia ◽  
Jussi Myllärniemi ◽  
Nina Helander
Keyword(s):  
Health Care ◽  
Big Data ◽  
Value Creation ◽  
Business Intelligence ◽  
Health Care Industry ◽  
Health Care Sector ◽  
Private Health Care ◽  
Data Utilization ◽  
Content Type ◽  
The Future

Purpose As the health care sector is changing rapidly, there is a growing need to develop new ways to make data-driven decisions, especially at the organizational level. Data utilization, like business intelligence (BI) activities, benefits health care organizations. The purpose of this paper is to study the potential of Big Data and the utilization of BI tools in creating value in the private health care industry in Finland. Design/methodology/approach Intellectual capital (IC) components and Möller et al.’s (2005) work on value capabilities are used as a framework to point out the roles of data utilization and BI tools in value creation. Thematic interviews enable understanding of the value creation based on Big Data potential and utilization of BI tools in the Finnish private health care industry. Findings The findings will provide an understanding of the existing data sources and BI tools used in private health care. In addition, it provides an insight into the future-oriented Big Data potential, which can create new business concepts. The approach provides valuable insights for value identifying the future needs of data utilization and creates an understanding on the current state within the private health care sector. Originality/value Data-driven value creation is one of the most discussed topics in private health care sector. By analyzing the current data-source utilization, challenges with data and BI tool utilization and the future vision and development roadmaps, the authors gain a better understanding of the IC components and value creation capabilities.

Knowledge Management and Business Analytics

2019 ◽  
pp. 1-42
Author(s):  
Nirali Nikhilkumar Honest ◽  
Atul Patel
Keyword(s):  
Big Data ◽  
Knowledge Management ◽  
Business Intelligence ◽  
Business Performance ◽  
Virtual Organization ◽  
Data Driven ◽  
Business Analytics ◽  
Broad Category ◽  
Business Operations

Knowledge management (KM) is a systematic way of managing the organization's assets for creating valuable knowledge that can be used across the organization to achieve the organization's success. A broad category of technologies that allows for gathering, storing, accessing, and analyzing data to help business users make better decisions, business intelligence (BI) allows analyzing business performance through data-driven insight. Business analytics applies different methods to gain insight about the business operations and make better fact-based decisions. Big data is data with a huge size. In the chapter, the authors have tried to emphasize the significance of knowledge management, business intelligence, business analytics, and big data to justify the role of them in the existence and development of an organization and handling big data for a virtual organization.

The mediating role of the extensiveness of strategic planning on the relationship between slack resources and organizational performance

2015 ◽  
Vol 53 (5) ◽  
pp. 1023-1044 ◽  
Author(s):  
Yasir Fadol ◽  
Belal Barhem ◽  
Said Elbanna
Keyword(s):  
Health Care ◽  
Strategic Planning ◽  
Organizational Performance ◽  
Health Care Sector ◽  
Public Hospitals ◽  
Slack Resources ◽  
Content Type ◽  
Mediating Role ◽  
The Relationship

Purpose – The purpose of this paper is to improve the understanding of the mediating role of the extensiveness of strategic planning on the relationship between slack resources and organizational performance. Design/methodology/approach – The study uses empirical data gathered from 102 usable replies from private and also public hospitals in the United Arab Emirates (UAE). Findings – The findings indicate the existence of a positive relationship between slack resources and organizational performance and show that the extensiveness of strategic planning plays a mediating role in this relationship. Research limitations/implications – The authors highlight the exploratory nature of the study considering its unusual setting, namely, the UAE’s health care sector. Practical implications – Several implications of the findings for managerial and policy practices in the UAE health care sector are discussed. Originality/value – This study contributes to the existing literature on management, health care, and developing countries by examining the role of the extensiveness of strategic planning in mediating the relationship between slack resources and organizational performance in the health care industry of a developing country.

Investigating employee creativity through employee polychronicity and employee resilience: a glimpse of nurses working in the health-care sector

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Khalid Anser ◽  
Zahid Yousaf ◽  
Muhammad Sharif ◽  
Wang Yijun ◽  
Abdul Majid ◽  
...  
Keyword(s):  
Health Care ◽  
Quantitative Research ◽  
Ordinary Least Squares ◽  
Health Care Sector ◽  
Employee Creativity ◽  
Content Type ◽  
Mediating Role ◽  
The Impact ◽  
The Relationship

PurposeThis study aims to investigate the relationship between employee polychronicity and employee creativity. This study also explores the mediating role of employee resilience in the relationship between employee polychronicity and employee creativity.Design/methodology/approachThis study was based on a quantitative research design, and a survey instrument was used to collect data from doctors and nurses. Ordinary least squares (OLS) regression and four-step Baron and Kenney (1986) approaches were used to check the impact of nurses’ polychronicity on creativity through resilience.FindingsResults proved that employee polychronicity positively influences employee creativity. The finding indicates that employee resilience acts as a mediator in the relationship between employee polychronicity and employee creativity.Originality/valueThe worth of this study rests on the deeper understanding of the employee polychronicity–employee creativity link in the health-care sector. Moreover, by bringing to the fore employee resilience as a mediator of the polychronicity–creativity relationship, this study provided a new vantage point to explore the intricacies concerned with the relationships between polychronicity, resilience and creativity.

scholarly journals The Effect of Adopting Activity – Based Costing (ABC) on Maximizing Profitability in Jordanian Private Health Care Sector

2020 ◽  
Vol 12 (1) ◽  
pp. 151
Author(s):  
Suleiman El-Dalahmeh
Keyword(s):  
Health Care ◽  
Response Rate ◽  
Indirect Costs ◽  
Health Care Sector ◽  
Private Health Care ◽  
Activity Based Costing ◽  
Private Hospitals ◽  
Survey Sample ◽  
Statistical Analysis Program

The aim of this study is to assess the effect of adopting activity - based costing (ABC) On maximizing profitability in Jordanian private health care sector. Stating the role of (ABC) system in maximizing profitability in Jordanian private hospitals, showing the availability of infrastructure and capabilities of needed to adopt and apply the (ABC) in Jordanian private hospitals To achieve the Study objectives, the researcher distributed (110) of the employees in Jordanian private hospitals, to identifying the obstacles that facing Jordanian private hospitals in adopting and applying (ABC) system. to achieve the study objectives, a questionnaire was designed and distributed to survey sample of 110 respondents who worked in Jordanian private hospitals as accountants, financial managers and internal editors. (90) questionnaires were returned and the response rate of which was (81.8%).  After using the statistical analysis program "Statistical package for social studies" (SPSS). The study concluded that adopting and applying (ABC) system in Jordanian private hospitals play very important role in reducing cost in a way that maximizing profitability the results also, reveal that the infrastructure and capabilities needed to apply the (ABC) system are available in the Jordanian private hospitals in a medium degree. In addition, the results of the study showed there are a set of obstacles that facing the adoption and application (ABC) system in Jordanian private hospitals related to management, salaries and difficulty in allocating treatment costs to direct and indirect costs. The study recommended attracted qualified and trained persons who can apply (ABC) system   and connivance the management of Jordanian private hospitals of the visibility of apply (ABC) system.  

scholarly journals Self-Service Business Intelligence success factors that create value for business

2021 ◽  
Author(s):  
Jonida Sinaj ◽  
Keyword(s):  
Decision Making ◽  
Business Intelligence ◽  
Success Factors ◽  
Data Driven ◽  
Competitive Advantages ◽  
Data Driven Decision Making ◽  
Service Business ◽  
The Future ◽  
Self Service

Business Intelligence and Analytics have change the business needs, but the market requires a more data- driven decision-making environment. Self-service Business Intelligence initiatives are providing more competitive advantages currently. The role of the users and freedom of access is one of the essential advantages that SSBI holds. Despite this fact, there is still needed analysis on how business can gain more value from SSBI, based on the technological, operational and organizational aspects. The work in this paper serves to analysis on the SSBI requirements that bring value to business. The paper is organized starting from building knowledge by upon the existing literature and exploring the domain. Data will be collected by interviewing experts of the fields. The main findings will provide future suggestion related to the topic and the results will serve both the companies that have implemented it and the ones that want to see it as a perspective in the future.

scholarly journals Business analytics-enabled decision-making effectiveness through knowledge absorptive capacity in health care

2017 ◽  
Vol 21 (3) ◽  
pp. 517-539 ◽  
Author(s):  
Yichuan Wang ◽  
Terry Anthony Byrd
Keyword(s):  
Health Care ◽  
Decision Making ◽  
Data Analysis ◽  
Absorptive Capacity ◽  
Business Analytics ◽  
Content Type ◽  
Mediating Role ◽  
Use Of Data ◽  
Effective Use

Purpose Drawing on the resource-based theory and dynamic capability view, this paper aims to examine the mechanisms by which business analytics (BA) capabilities (i.e. the effective use of data aggregation, analytics and data interpretation tools) in healthcare units indirectly influence decision-making effectiveness through the mediating role of knowledge absorptive capacity. Design/methodology/approach Using a survey method, this study collected data from the hospitals in Taiwan. Of the 155 responses received, three were incomplete, giving a 35.84 per cent response rate with 152 valid data points. Structural equation modeling was used to test the hypotheses. Findings This study conceptualizes, operationalizes and measures the BA capability as a multi-dimensional construct that is formed by capturing the functionalities of BA systems in health care, leading to the conclusion that healthcare units are likely to obtain valuable knowledge through using the data analysis and interpretation tools effectively. The effective use of data analysis and interpretation tools in healthcare units indirectly influence decision-making effectiveness, an impact that is mediated by absorptive capacity. Originality/value This study adds values to the literature by conceptualizing BA capabilities in healthcare and demonstrating how knowledge absorption matters when implementing BA to the decision-making process. The mediating role of absorptive capacity not only provides a mechanism by which BA can contribute to decision-making practices but also offers a new solution to the puzzle of the IT productivity paradox in healthcare settings.

Commentary on “Diabetes and people with learning disabilities: issues for policy, practice and education”

2020 ◽  
Vol 25 (1) ◽  
pp. 35-39 ◽  
Author(s):  
Brianne Redquest ◽  
Yona Lunsky
Keyword(s):  
Health Care ◽  
Learning Disabilities ◽  
Health Care Providers ◽  
Diabetes Care ◽  
Future Research ◽  
Care Providers ◽  
Family Carers ◽  
Content Type ◽  
Policy Practice

Purpose There has been an increase in research exploring the area of intellectual and developmental disabilities (IDD) and diabetes. Despite being described as instrumental to diabetes care for people with IDD, the role and experiences of family carers, such as parents and siblings, are often neglected in this research. However, it is clear that family carers do not feel that they have sufficient knowledge about diabetes. The purpose of this commentary is to extend the content from “Diabetes and people with learning disabilities: Issues for policy, practice, and education (Maine et al., 2020)” and discuss how family carers can feel better supported when caring for someone with IDD and diabetes. Design/methodology/approach This commentary discusses specific efforts such as STOP diabetes, DESMOND-ID and OK-diabetes for people with IDD including family carers. Encouragement is given for health care providers to recommend such programmes to people with IDD and their family carers. It is also suggested that health care providers involve family carers in diabetes care planning and implementation for people with IDD. Findings It is hoped that if changes are made to current diabetes practices and more research with family carers is conducted, diabetes prevention and management for people with IDD will be more successful and family carers can feel more confident in providing support to their loved ones. Originality/value Research exploring the role of family carers in diabetes care for people with IDD and diabetes is very limited. This commentary makes recommendations to help family carers feel better supported in their role. It also provides areas for future research.

How to turn managers into data-driven decision makers

2019 ◽  
Vol 25 (3) ◽  
pp. 553-578 ◽  
Author(s):  
Kevin Daniel André Carillo ◽  
Nadine Galy ◽  
Cameron Guthrie ◽  
Anne Vanhems
Keyword(s):  
Measurement Instrument ◽  
Data Driven ◽  
Business Analytics ◽  
Business World ◽  
Content Type ◽  
Multi Stage ◽  
Attitudes Toward Statistics ◽  
Attitude Toward Business ◽  
Professional Contexts ◽  
The Way

Purpose The purpose of this paper is to emphasize the need to engender a positive attitude toward business analytics in order for firms to more effectively transform into data-driven businesses, and for business schools to better prepare future managers. Design/methodology/approach This paper develops and validates a measurement instrument that captures the attitude toward business statistics, the foundation of business analytics. A multi-stage approach is implemented and the validation is conducted with a sample of 311 students from a business school. Findings The instrument has strong psychometric properties. It is designed so that it can be easily extrapolated to professional contexts and extended to the entire domain of business analytics. Research limitations/implications As the advent of a data-driven business world will impact the way organizations function and the way individuals think, work, communicate and interact, it is crucial to engage a transdisciplinary dialogue among domains that have the expertise to help train and transform current and future professionals. Practical implications The contribution provides educators and organizations with a means to measure and monitor attitudes toward statistics, the most anxiogenic component of business analytics. This is a first step in monitoring and developing an analytics mindset in both managers and students. Originality/value By demonstrating how the advent of the data-driven business era is transforming the DNA and functioning of organizations, this paper highlights the key importance of changing managers’ and all employees’ (to a lesser extent) mindset and way of thinking.

Politics of Evidence and Right to Health Care in India: The Challenges in Fixing Accountability of Medical Doctors in Patient Rights Violations in the Private Health Care Sector in India

2018 ◽  
pp. 1-19
Keyword(s):  
Health Care ◽  
Health Care Sector ◽  
Patient Rights ◽  
Medical Doctors ◽  
Private Health Care ◽  
Right To Health Care ◽  
Patients Rights ◽  
Regulatory Architecture ◽  
Health Care Policies ◽  
Admissible Evidence

Privatization oriented government health care policies have stimulated robust growth of private health care sector in India, without putting in place regulatory architecture that safeguards patients’ rights. The lack of adequate regulatory framework to govern them has put patients to undue disadvantage. This paper, based on primary investigation, analyses the ‘politics of evidence’ that patients are confronted with and are forced to navigate, in redressing ethical and patient rights violations against private medical establishments. The analysis of cases indicates that in the current medico-legal ecosystem is non-conducive to patients and impedes obtaining legally admissible evidence against medical professionals. The prevailing redressal avenues are significantly hostile to patients and unduly favour the private medical establishments who enjoy support and impunity from prosecution under the implicit state patronage. The paper makes a compelling case for a comprehensive regulatory architecture that simultaneously regulates the private medical establishments and safeguards the rights of patients.

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