Developing Human Skills for Well-Functioning Business Analytics Capability

Authors

DOI:

https://doi.org/10.34190/eckm.25.1.2419

Keywords:

business analytics, capability development, technical skills, managerial skills, data-driven

Abstract

The ability to support both strategic and operational management with data-informed insight can generate significant benefits for organizations. Industries continue to become increasingly data-driven, and organizations continue to develop their business analytics capability to seize the value potential embedded in data. Consequently, organizations are investing in data and technology resources and, to leverage these investments, also in human and intangible resources, such as technical skills, managerial skills, and data-driven culture. While the integral role of human skills in an organization’s business analytics capability is widely acknowledged within the extant research literature, there is much less discussion and evidence on how organizations develop these skills. However, such investigation would help provide organizations with new perspectives on maximizing the business value of their business analytics capability investments. Using 36 semi-structured interviews, this study explores what kind of measures organizations apply to develop the skills of their analytics professionals. Building on the extant business analytics capability literature and the resource-based view of the firm, this study contributes by deepening the current understanding of the development of human skills in building a well-functioning business analytics capability. Our findings show that, besides technical and managerial skills, organizations should also proactively develop the collaboration skills of their analytics professionals. The practical examples of skills development measures described in this study, such as job rotation, mentoring and role overlaps, provide new ideas for analytics professionals and decision-makers to enhance their business analytics capability development.

Author Biographies

Johanna Orjatsalo, LUT University Business School, Finland

Johanna Orjatsalo, M.Sc. (Econ. & BA), is a Doctoral Researcher at LUT University Business School, Finland. Her research and teaching focus on managerial decision-making and the role of human and intangible resources in information systems value creation.

Henri Hussinki, LUT University Business School, Finland

Henri Hussinki, D.Sc. (Econ. & BA), is an Assistant Professor of Business Analytics at LUT University Business School. His research and teaching focus on information systems business value. His research has been published in, e.g., Journal of Business Models, Journal of Knowledge Management, and Journal of Intellectual Capital.

Jan Stoklasa, LUT University Business School, Finland

Jan Stoklasa, D.Sc.(Tech.) is an Associate Professor in Finance and Business Analytics at LUT University Business School, Finland. His research interests include decision support models, multiple criteria decision making and evaluation methods, uncertainty modelling, linguistic fuzzy models and their applications and methods for the processing of social-science and business data.

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Published

2024-09-03