THE ROLE OF BIG DATA STEWARDSHIP AND ANALYTICS AS ENABLERS OF CORPORATE PERFORMANCE MANAGEMENT

Abstract

Purpose: Digital transformation and big data (BD) have generated a real revolution in data-driven management. While BD improves corporate performance management (CPM), this also implies increasing exposure to risks at various BD's life cycle stages. As regulatory requirements and the need for database analysis in various business areas increase, the organization must establish definitions, policies, and processes to ensure data quality in order to protect and leverage its data to obtain a competitive advantage. Therefore, understanding data stewardship (DS) and business analytics (BA) is essential for business management. The purpose of this study is to analyze the role of BD, DS, and BA as enablers of CPM. Originality/value: We contribute to the theory by conceptualizing, validating, and discussing the DS construct and by highlighting its role together with BA in the relationship between BD and CPM. The evidence in this study indicates that, in practice, DS and BA are critical paths for organizations to obtain better control over the effects that BD can have on business performance management. Design/methodology/approach: A survey was conducted with 312 managers who use big data analytics (BDA) in Brazilian organizations. The data were analyzed through structural equation and mediation tests.