Abstract

Big data governance, dynamic capability and decision-making effectiveness: Fuzzy sets approach

Highlights

  • With the rapid change in business operation and environment, it is necessity for firms to stay relevant about what they need to anticipate and react to the changes proactively

  • This study builds on existing literature on the concept of big data governance and dynamic capabilities and seeks to understand how they influence effective decision making

  • This is in agreement with Arend (2014) who claims that dynamic capabilities can improve firm performance through informed decision making

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Summary

Introduction

With the rapid change in business operation and environment, it is necessity for firms to stay relevant about what they need to anticipate and react to the changes proactively. According to (Teece, 2007), dynamic capabilities “is a firm’s complex and tough-to-replicate capabilities of sensing, seizing and reconfiguration necessary for adapting to changing technological opportunities and customer need”. Researchers such as Karna et al (2016) claim that dynamic capabilities ought to line up with technologies used, and other organizational factors to achieve success in any organization. Weber et al (2009) opines that, for a firm to achieve its agility objectives and for it to meet the requirement of changing business environment, high-quality data is a prerequisite for such firm. Hundred (100) Petabytes (PB) of data are processed by Google and Facebook, and Terabyte (TB) by Alibaba and its subsidiaries (Chen et al, 2014)

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