Decentralized Intelligence

A new approach for business intelligence in hyper competitive environments

JournalIndustrie Management
Issue Volume 25, 2009, Edition 2, Pages 71-74
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Abstract

Today, the increasing pace of development makes the task of Business Intelligence urgent and difficult at the same time. However, companies being pressurized by their day to day affairs do not feel up to facing this task themselves. Especially in small and medium enterprises an effective solution is needed to make sure that they see changes approaching before they are overtaken by them, so that they can react quickly and competently. With this need in mind, the present paper focuses on changes brought about by technological innovations and offers a solution which has been developed in a project involving a company engaged in medical engineering. The core element of the developed proposal is the decentralization of foresight. Therefore information is being gathered, passed upwards and thereby evaluated by a hierarchy of managers, called “radar groups”. Such perspective allows essential feedback to the capabilities of a company on all levels. In sum this leads to a new thesis concerning the methodology of strategic planning in an extremely dynamic environment.

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Potentials: Innovation