The Business Analytics Value Chain: Aligning Data Strategy with Corporate Performance Metrics

Authors

  • OlubunmiAnifowose

Keywords:

Business Analytics, Data Strategy, Corporate Performance, Strategic Alignment, Data Governance.

Abstract

This research investigates the integration of business analytics (BA) within organizational frameworks, focusing on the alignment between data strategy and corporate performance metrics. This study examines how organizations transform data assets into actionable insights that drive measurable performance outcomes. The paper synthesizes existing literature and analytical frameworks to delineate the business analytics value chain, from data acquisition and processing to insight generation and strategic application. Organizational capabilities, technological infrastructure, and human capital elements are analyzed as critical enablers of this value creation process. Furthermore, the discussion addresses the complexities of measuring value derived from BA initiatives and the challenges associated with ensuring sustained alignment with evolving corporate goals. Aligned data strategies have been shown to improve operational efficiency by up to 25% and enhance decision accuracy by 30% when integrated with key performance metrics (Gartner, 2024). The work concludes by offering practical recommendations and identifying avenues for future scholarly inquiry, underscoring the imperative for organizations to cultivate a robust, data-driven culture for sustained competitive advantage

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Published

2024-01-29

How to Cite

OlubunmiAnifowose. (2024). The Business Analytics Value Chain: Aligning Data Strategy with Corporate Performance Metrics. Journal of Computational Analysis and Applications (JoCAAA), 33(1A), 778–795. Retrieved from https://eudoxuspress.com/index.php/pub/article/view/4166

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Articles