Assessing Organizational Readiness for Data-driven Innovation: A Review of Literature

Paper

Samarasinghe, Sasari Sanika Udanjala, Lokuge, Sachithra and Duan, Sophia. 2023. "Assessing Organizational Readiness for Data-driven Innovation: A Review of Literature." 28th Pacific Asia Conference on Information Systems (PACIS 2023). Nanchang, China 08 - 12 Jul 2023 China.
Paper/Presentation Title

Assessing Organizational Readiness for Data-driven Innovation: A Review of Literature

Presentation TypePaper
AuthorsSamarasinghe, Sasari Sanika Udanjala, Lokuge, Sachithra and Duan, Sophia
Journal or Proceedings TitleProceedings of the 28th Pacific Asia Conference on Information Systems (PACIS 2023)
Article Number1429
Number of Pages9
Year2023
Place of PublicationChina
Web Address (URL) of Paperhttps://aisel.aisnet.org/pacis2023/101/
Web Address (URL) of Conference Proceedingshttps://aisel.aisnet.org/pacis2023/
Conference/Event28th Pacific Asia Conference on Information Systems (PACIS 2023)
Event Details
28th Pacific Asia Conference on Information Systems (PACIS 2023)
Parent
Pacific Asia Conference on Information Systems (PACIS)
Delivery
In person
Event Date
08 to end of 12 Jul 2023
Event Location
Nanchang, China
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Abstract

The growing demand for data has provided many opportunities for organizations to launch data-driven innovation (DDI) initiatives. DDI enables organizations to continuously respond to market opportunities and challenges and thereby sustain competitive advantage. However, many organizations fail in their attempt to implement DDI due to poor organizational readiness. This study investigates key factors that assist organizations in assessing their readiness for DDI. An extensive examination of literature was performed to identify readiness factors. The results highlighted nine organizational readiness factors for DDI based on the theoretical foundations of Technology-Organization and Environment framework and organizational readiness theory. The findings of this study contribute to the growing body of DDI literature and provide insights for organizations interested in implementing DDI initiatives.

KeywordsData; Organizational Readiness; DDI; Data-driven Innovation
Contains Sensitive ContentDoes not contain sensitive content
ANZSRC Field of Research 2020460908. Information systems organisation and management
350303. Business information systems
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Byline AffiliationsUniversity of Southern Queensland
Royal Melbourne Institute of Technology (RMIT)
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