Scan Monthly No. 025March 2005 |
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Impact/Uncertainty Dynamics in Corporate Decision Making | View full summary |
D05-2502 | Download this Insight |
Increased competition, accelerated speed of technological developments, shifting consumer preferences, globalization, proliferation of business models, real-time access to information, intellectual-property challenges, regulatory forces, and many more sources of constant change in the business environment make two crucial managerial tasks increasingly complex and difficult. The first task is to identify issues that potentially open business opportunities or pose imminent threats. The second task is to select the issues that require instant attention or monitoring so that a company can avoid being blindsided and disadvantaged in the marketplace. This study presents a tool that SRI Consulting Business Intelligence (SRIC-BI) applies to help companies develop an overview of issues and separate important issues from the ones that do not require immediate attention. The impact/uncertainty framework enables companies to adopt a proactive corporate culture that shapes the business environment instead of depending on reactive responses that attempt to recover from missed developments in the external environment. Author: Martin Schwirn. 15 pages. |
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Health Care and Life Sciences: Prime Candidates for the Semantic Web | View full summary |
D05-2503 | Download this Insight |
Two domains with the most obvious need for rationalization of vast volumes of data are those of life-sciences research and health care. Not only are researchers inundated with unprecedented amounts of raw data, but they have no means of employing computers to assist in the analysis because of data incompatibilities created by different computer systems or database formats. In the health-care field, the most daunting silos of data incompatibility derive primarily from organizational incompatibilities as patient records from one clinic or hospital are unrecognizable by other clinics and hospitals. Life-sciences researchers and health-care professionals are increasingly turning to the concepts behind the Semantic Web as a potential means to optimize data structures and standards in order to share information across disciplines, organizations, and business areas better. 9 pages. |