Decision Support Systems and Business Agility

There are 3 factors in Digital Business Agility: hyperawareness, informed decision making, and fast execution. Agile businesses sense shifts in the market, make informed decisions about those changes, and execute on the decisions.

The development of a decision support system (DSS) drives business agility by providing market insights and facilitating data-backed decisions. The businesses which leverage a DSS to find order in disparate data points will see more opportunity, make better investments, and minimize risk.

Most of my analytics conversation relate to DSS, though that term is rarely used. Businesses need to know what’s happening and how to respond, and analytics is a perfect driver of that conversation.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s