Organizational Capabilities in Data-driven Value Creation: A Literature Review

Prashanth Madhala, Hongxiu Li, Nina Helander

2020

Abstract

Prior research has shown that organizational capabilities can help enhance competitive advantages. However, organizational capabilities are also required to develop in order to keep up with the dynamic environment or changing business environment. Over the last decade, data has been introduced as a new business resource in organizations, which brings both new opportunities and challenges in data-driven value creation in organizations. There is a need to understand what organizational capabilities are needed in achieving data-driven value creation for organizations. This study conducts an exploratory literature review to understand what organizational capabilities are related to data-driven value creation. Based on the selected 14 articles from the literature between years 2016 and 2020, the literature review shows that analytics capabilities are the most important capabilities in data-driven value creation together with other different capabilities. There is more room for research with regards to organizational capabilities in data-driven value creation, such as to examining what are the components of analytics capabilities and how organizations should combine different organizational capabilities for data-driven value creation.

Paper Citation

in Harvard Style

Madhala P., Li H. and Helander N. (2020). Organizational Capabilities in Data-driven Value Creation: A Literature Review. In Proceedings of the 12th International Joint Conference on Knowledge Discovery, Knowledge Engineering and Knowledge Management (IC3K 2020) - Volume 3: KMIS; ISBN 978-989-758-474-9, SciTePress, pages 108-116. DOI: 10.5220/0010175601080116

in Bibtex Style

@conference{kmis20,
author={Prashanth Madhala and Hongxiu Li and Nina Helander},
title={Organizational Capabilities in Data-driven Value Creation: A Literature Review},
booktitle={Proceedings of the 12th International Joint Conference on Knowledge Discovery, Knowledge Engineering and Knowledge Management (IC3K 2020) - Volume 3: KMIS},
year={2020},
pages={108-116},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010175601080116},
isbn={978-989-758-474-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 12th International Joint Conference on Knowledge Discovery, Knowledge Engineering and Knowledge Management (IC3K 2020) - Volume 3: KMIS
TI - Organizational Capabilities in Data-driven Value Creation: A Literature Review
SN - 978-989-758-474-9
AU - Madhala P.
AU - Li H.
AU - Helander N.
PY - 2020
SP - 108
EP - 116
DO - 10.5220/0010175601080116
PB - SciTePress