Version 1
: Received: 20 May 2024 / Approved: 21 May 2024 / Online: 21 May 2024 (12:51:18 CEST)
How to cite:
Kanabi, I. S.; Ali, K. A. A.; Mousa, K. A Study Based on Data Analysis in Order to Improve and Evaluate Business Management in The Field of The Digital Economy. Preprints2024, 2024051373. https://doi.org/10.20944/preprints202405.1373.v1
Kanabi, I. S.; Ali, K. A. A.; Mousa, K. A Study Based on Data Analysis in Order to Improve and Evaluate Business Management in The Field of The Digital Economy. Preprints 2024, 2024051373. https://doi.org/10.20944/preprints202405.1373.v1
Kanabi, I. S.; Ali, K. A. A.; Mousa, K. A Study Based on Data Analysis in Order to Improve and Evaluate Business Management in The Field of The Digital Economy. Preprints2024, 2024051373. https://doi.org/10.20944/preprints202405.1373.v1
APA Style
Kanabi, I. S., Ali, K. A. A., & Mousa, K. (2024). A Study Based on Data Analysis in Order to Improve and Evaluate Business Management in The Field of The Digital Economy. Preprints. https://doi.org/10.20944/preprints202405.1373.v1
Chicago/Turabian Style
Kanabi, I. S., Khairi Ali Auso Ali and Kawar Mousa. 2024 "A Study Based on Data Analysis in Order to Improve and Evaluate Business Management in The Field of The Digital Economy" Preprints. https://doi.org/10.20944/preprints202405.1373.v1
Abstract
Businesses now formally enter the phase of "think power differentiation and gap" in response to the new economic climate. While AI, big data, empowerment via the internet, and other aspects of the digital economy help to improve technical capabilities and save operating costs, they also push businesses to innovate their strategies at a faster rate. Enterprises are strategically choosing to de-enterprise, moving from focusing on a single business functioning benefit to building an ecosystem of platform services that will give them a competitive edge. Additionally, the organization's structure is evolving continually from a vertical model to a curved working style, in order to achieve this, businesses must recognize the importance of data analysis in day-to-day management and operations, encourage the development of an organizational atmosphere that is driven by data, fully utilize digital technology, modularize areas or production links that perform related tasks, and encourage the reform of organizational structures. By streamlining the output of the product or service to the external community while also enhancing the company's financial performance model, switching from process-to result-oriented evaluation, and putting in place a customized authority and accountability framework. Replace outcome-focused evaluation with process-focused evaluation, and create a customized incentive scheme that balances power, accountability, and rewards.
Keywords
Management 1; Digital Economy 2; Economic Climate 3; Digital Technology 4.
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
