By Olivia Parr Rud
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Extra resources for Business Intelligence Success Factors: Tools for Aligning Your Business in the Global Economy (Wiley and SAS Business Series)
Strategies for Capturing Value Given this relentless pressure to adapt our business models, companies are embracing innovative technologies and developing new strategies for capturing value. Embracing the Power of the Network The evolution of IT can be viewed as three overlapping organizational learning curves representing the introduction and maturation of three dominant technologies: centralized mainframe computers (the Data Processing Era), decentralized personal computers (the strategies for capturing value 9 Microcomputer Era), and now interlinked networks of computers (the Network Era).
The typical brain consists of some 100 billion cells, each of which connects and communicates with up to 10,000 of its colleagues. ”11 The National Institutes of Health declared the 1990s to be the decade of the brain. 12 It is common knowledge that the brain has two hemispheres. For many years, scientists believed that the left brain—the rational, analytical, and logical half—set humans apart from animals because it contains the language center. The right brain, characterized as mute, instinctual, and nonlinear, was considered something that humans no longer needed.
The technologies that were introduced as the key to success often failed because the human issues were overlooked. Business Reality 4: The Only Constant Is Permanent Volatility This is a common theme but bears repeating: The company that is most agile and adaptable will gain and maintain a competitive advantage. Instead of just relying on past results to predict the future, companies need to tap into current trends through social networking, Web analysis, and employee feedback. Business Reality 5: Globalization Helps and Hurts Globalization presents many advantages, especially to small companies seeking a worldwide presence.
Business Intelligence Success Factors: Tools for Aligning Your Business in the Global Economy (Wiley and SAS Business Series) by Olivia Parr Rud