Business Intelligence Enhances Strategic, Long-Range Planning in the Commercial Aerospace Industry

2011 ◽  
Vol 2 (4) ◽  
pp. 17-28
Author(s):  
David Ellis
Keyword(s):  
Long Range ◽  
Business Intelligence ◽  
Aerospace Industry ◽  
Air Travel ◽  
Commercial Aircraft ◽  
The World ◽  
Long Range Planning ◽  
Future Demands ◽  
The Right ◽  
Analytical Tools

The world’s largest aircraft manufacturers like Boeing and Airbus have traditionally been dominant in the commercial aerospace industry, but due to the rise of several smaller commercial aircraft companies and in spite of air travel increasing each year, it will be paramount for Boeing and Airbus to thoroughly understand past and current market conditions and be able to combine their understanding with the proper analytical tools to anticipate the market demands of the future if they are to remain the world leaders in their industry. This paper presents a discussion of industry factors such as airline routes, past passenger demands in different regions of the world and the sizes and types of aircraft that were required to support those demands, and more importantly, how analysis of that information is integral to the projection of future demands within the commercial aerospace market which will facilitate Boeing and Airbus positioning themselves to provide their airline customers with the right product at the right time.

Business Intelligence Enhances Strategic, Long-Range Planning in the Commercial Aerospace Industry

2012 ◽  
pp. 112-124
Author(s):  
David Ellis
Keyword(s):  
Long Range ◽  
Aerospace Industry ◽  
Air Travel ◽  
Commercial Aircraft ◽  
Market Conditions ◽  
The World ◽  
Long Range Planning ◽  
Future Demands ◽  
The Right ◽  
Analytical Tools

The world’s largest aircraft manufacturers like Boeing and Airbus have traditionally been dominant in the commercial aerospace industry, but due to the rise of several smaller commercial aircraft companies and in spite of air travel increasing each year, it will be paramount for Boeing and Airbus to thoroughly understand past and current market conditions and be able to combine their understanding with the proper analytical tools to anticipate the market demands of the future if they are to remain the world leaders in their industry. This paper presents a discussion of industry factors such as airline routes, past passenger demands in different regions of the world and the sizes and types of aircraft that were required to support those demands, and more importantly, how analysis of that information is integral to the projection of future demands within the commercial aerospace market which will facilitate Boeing and Airbus positioning themselves to provide their airline customers with the right product at the right time.

6. In Conclusion

1948 ◽  
Vol 52 (454) ◽  
pp. 715-718
Keyword(s):  
Present Situation ◽  
Air Travel ◽  
Air Transport ◽  
The World ◽  
The Right

I have now reached the end of my task. The theme which I have sought throughout is that operating economics, in the broadest sense, are the essence of commercial Air Transport. The purpose of Air Transport is to improve communications—and to improve them economically. Although Air Transport the World over is losing money at present, through a combination of unfortunate circumstances, the facts of the present situation and of developments in train will, I am sure, confound the prophets of gloom. Air Transport, provided with adequate tools and run on the right methods, can be made to pay—furthermore, air travel can be provided economically at fares which the average man will be able to afford.

Opening Strategy

2019 ◽  
Author(s):  
Richard Whittington
Keyword(s):  
Social Context ◽  
Strategic Planning ◽  
Strategic Management ◽  
Long Range ◽  
General Electric ◽  
Wide Range ◽  
The World ◽  
Long Range Planning ◽  
Open Strategy ◽  
Standard Strategy

Opening Strategy recounts the origins and development of Strategy as a profession from the middle of the last century to the present day. In particular, it focuses on how strategic planning superseded long-range planning, and the more recent rise of strategic management and open strategy. Together, these practices have contributed to growing inclusiveness and transparency in contemporary organizations. Informed by interviews with corporate strategists at leading companies around the world, eminent consultants at firms such as Bain, the Boston Consulting Group, and McKinsey & Co., and the internal archives of strategic innovators such as General Electric and Shell, this book provides vivid insights into the trials and tribulations of practice innovation in Strategy, and stresses the hard work of the little-recognized and sometimes eccentric innovators within the profession. By building on a wide range of illustrations, covering both successes and failures, the book draws out general lessons for practice innovation in Strategy. Those studying the topic will be able to set standard strategy techniques in historical and social context and develop new areas for investigation, while practising executives and consultants should gain a sense of how to innovate in Strategy—and how not to.

All About Analytics

2013 ◽  
Vol 4 (1) ◽  
pp. 13-28 ◽  
Author(s):  
Hugh J. Watson
Keyword(s):  
Decision Making ◽  
Best Practices ◽  
Organizational Structure ◽  
Business Intelligence ◽  
Data Infrastructure ◽  
American Corporation ◽  
Advanced Analytics ◽  
The Right ◽  
Analytical Tools

To understand and be successful with analytics, it is important to be precise in understanding what analytics means, the different targets or approaches that companies can take to using analytics, and the drivers that lead to the use of analytics. For companies that use advanced analytics, the keys to success include a clear business need; strong, committed sponsorship; a fact-based decision making culture; a strong data infrastructure; the right analytic tools; and strong analytical personnel in an appropriate organizational structure. These are the same factors for success for business intelligence in general, but there are important nuances when implementing advanced analytics, such as with the data infrastructure, analytical tools, and personnel. Companies like Amazon.com, Overstock.com, Harrah’s Entertainment, and First American Corporation are exemplars that illustrate concepts and best practices.

scholarly journals Economic intelligence in the system of international economic relations: characteristics of the current situation and problems of development

2021 ◽  
Vol 4 (4(60)) ◽  
pp. 29-33
Author(s):  
Larysa Hromozdova ◽  
Alla Dubrovyk-Rokhova ◽  
Roman Pravorskyi
Keyword(s):  
International Economic ◽  
Business Intelligence ◽  
Study Data ◽  
Digital Economy ◽  
Digital Data ◽  
Economic Relations ◽  
International Economic Relations ◽  
The World ◽  
Object Of Study ◽  
The Right

The object of research is economic intelligence in the system of international economic relations. The paper presents the author's position on the objective conditions for the dynamic development of economic Intelligence. The authors reasonably substantive definition of the categories «economic intelligence» and «business intelligence» as such, which are synonymous categories. An objective factor in the intensive development of economic Intelligence is the demand of the world community for the development of the digital economy. The world's leading states have announced the transition to a digital economy. One of the most problematic areas of the digitalization process is the problem of training personnel capable of using software and hardware integrated into the world's Business Intelligence systems (BI systems). In the future, the authors see the elimination of this problem in the establishment of the training of intelligent, competent specialists. These specialists must have the ability to analyze information and select the best solutions. They must be ready to use the tools of the world's BI systems. Have all theoretical and practical skills that will enable them to make the right intellectual management decisions in the daily life of their companies. In the course of the study, data from the analysis of a large range of scientific literature and WEB-resources related to the object of study were used. The authors propose a matrix chronological reflection of the evolutionary path of development of BI-systems in the international market of information services in the first twenty years of the XXI century. The authors compared evolutionary trends in the first and second decades of the 21st century. The comparative analysis indicated an increase in the intensity of the development of the world business intelligence market in the second decade. To prove the correctness of the results obtained, the authors cite digital data from world statistics, which testify in favor of the author's research. Thus, both the author's comparative qualitative analysis and the quantitative assessments of world analysts gave the same logical conclusion.

Peran Pengawasan Internal Dalam Menghindari Kutukan Sumber Daya Alam

Liquidity ◽  
2016 ◽  
Vol 5 (1) ◽  
pp. 1-9
Author(s):  
Andilo Tohom
Keyword(s):  
Natural Resources ◽  
Internal Audit ◽  
Rent Seeking ◽  
Rich Country ◽  
Literature Study ◽  
Indonesian Government ◽  
The World ◽  
Policies And Programs ◽  
The Right

Indonesia is one of many countries in the world so called resource-rich country. Natural resources abundance needs to be managed in the right way in order to avoid dutch diseases and resources curses. These two phenomena generally happened in the country, which has abundant natural resources. Learned from Norwegian experiences, Indonesian Government need to focus its policy to prevent rent seeking activities. The literature study presented in this paper is aimed to provide important insight for government entities in focusing their policies and programs to avoid resources curse. From the internal audit perspective, this study is expected to improve internal audit’s role in assurance and consulting.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

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