<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This paper investigates the challenges raised by the “datafication” of the business environment in the area of performance management. Big Data and its powerful analytics are now essential elements of the business landscape, and the mindset of managers and decision-makers has a crucial impact on how the opportunities offered by these new technologies can be capitalised. Our focus is on how and to what extent business performance management models need to be reviewed and reframed in this era of Big Data. We propose a model, called Balanced ScoreCard System Thinking, that may insure an integrative, highly dynamic and agile construction. This “top-down-bottom-up” approach assess the way in which every segment of the Balance Score Card is affected by Big Data and Business Analytics. These findings may enable business leaders to develop a more agile and forward-looking approach to performance management, which is only made possible through these new technologies of data analytics.</p></abstract>

This paper investigates the challenges raised by the “datafication” of the business environment in the area of performance management. Big Data and its powerful analytics are now essential elements of the business landscape, and the mindset of managers and decision-makers has a crucial impact on how the opportunities offered by these new technologies can be capitalised. Our focus is on how and to what extent business performance management models need to be reviewed and reframed in this era of Big Data. We propose a model, called Balanced ScoreCard System Thinking, that may insure an integrative, highly dynamic and agile construction. This “top-down-bottom-up” approach assess the way in which every segment of the Balance Score Card is affected by Big Data and Business Analytics. These findings may enable business leaders to develop a more agile and forward-looking approach to performance management, which is only made possible through these new technologies of data analytics.

Reframing business reporting in a Big Data world

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Reframing business reporting in a Big Data world"}

This paper investigates the challenges raised by the “datafication” of the business environment in the area of performance management. Big Data and its...

Reframing business reporting in a Big Data world

Online veröffentlicht: 29. Nov. 2019

Seitenbereich: 696 - 706

DOI: https://doi.org/10.2478/picbe-2019-0062

Schlüsselwörter
Business reporting, Big Data, Business Analytics, Balanced Scorecard, System Thinking, Drivers

© 2019 Adriana Dutescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Reframing business reporting in a Big Data world

Online veröffentlicht: 29. Nov. 2019

Seitenbereich: 696 - 706

DOI: https://doi.org/10.2478/picbe-2019-0062

SchlüsselwörterBusiness reporting, Big Data, Business Analytics, Balanced Scorecard, System Thinking, Drivers

© 2019 Adriana Dutescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Schlüsselwörter
Business reporting, Big Data, Business Analytics, Balanced Scorecard, System Thinking, Drivers