Strategic organizational changes: Adopting data‐driven decisions

Author:

Bilkštytė‐Skanė Daina1ORCID,Akstinaite Vita1

Affiliation:

1. ISM University of Management and Economics Vilnius Lithuania

Abstract

AbstractThe paper examines the adoption of a data‐driven decision‐making (DDDM) process in organizations from purposefully selected European Union (EU) countries. It determines what organizational changes are required to adopt this process in organizations. This study uses a mixed‐method approach to identify organizational changes required for DDDM adoption. The responses from quantitative research in 10 EU countries (1091 respondents) and qualitative research with 20 C‐level managers are analyzed. The study offers the following organizational changes needed to implement DDDM in organizations: culture and mindset changes, digitalization, process improvements, new competencies, re‐organization, and legal requirements. This research contributes to a better understanding of the usage and adoption of DDDM globally and suggests specific organizational changes required to adopt this process.

Publisher

Wiley

Subject

Finance,General Business, Management and Accounting

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