Business intelligence in the economic management of organization

Olena  Kyzenko; Olena  Hrebeshkova; Oleksii  Grebeshkov

doi:10.23762/fso_vol5no2_17_2

Published : 2017-06-14

Vol. 5 No. 2 (2017)

Business intelligence in the economic management of organization

Olena Kyzenko

Olena Hrebeshkova

Oleksii Grebeshkov

DOI: https://doi.org/10.23762/fso_vol5no2_17_2

Abstract

The study identifies the necessary and sufficient conditions for the system of economic management for ensuring the uniformity of the process of developing cost-effective management decisions based on business intelligence technologies. Authors summarize the theoretical approaches to the definition of the economic management of an organization, and the corresponding system, which provides the process, influencing the control object - the enterprise as a whole, or individual business processes. Comprehensive analysis of the economic management of the process is made in the context of the strategic objectives of the organization in the conditions of formation of a new culture of cooperation with customers, suppliers, and competitors. Comparative characteristics of the information needs of Ukrainian and foreign companies identified the priority areas for the use of modern BI-technologies for economic management of an organization.

Keywords:

Business Intelligence, BI, management, economic management, strategic analysis, KPI (Key Performance Indicators)

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Kyzenko, O. ., Hrebeshkova, O. ., & Grebeshkov, O. . (2017). Business intelligence in the economic management of organization. Forum Scientiae Oeconomia, 5(2), 15–27. https://doi.org/10.23762/fso_vol5no2_17_2

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Olena Kyzenko

olena.kyzenko@kneu.ua

Affiliation:

SHEE “Kyiv National Economic University named after vadym Hetman”, Ukraine Ukraine

Bio Statement (e.g., department and rank)

Olena Kyzenko is an Associate Professor, Deputy Director of the Institute of Management Consulting (KNEU), vice-president of the Ukrainian Association of Management Consultants. In 2012 she received a CMC certificate through the program of the Dutch Association of Management Consultants, ICMCI Worldwide Organization.

Olena Hrebeshkova

olena.hrebeshkova@kneu.ua

Affiliation:

SHEE “Kyiv National Economic University named after vadym Hetman”, Ukraine Ukraine

Bio Statement (e.g., department and rank)

Olena Hrebeshkova is an Associate Professor, Deputy Dean of the Faculty of Economics and Management (KNEU), Deputy Chief Editor of the collection of scientific works “Strategy of Economic Development of Ukraine”.

Oleksii Grebeshkov

grebeshkov@kneu.edu.ua

Affiliation:

SHEE “Kyiv National Economic University named after vadym Hetman”, Ukraine Ukraine

Bio Statement (e.g., department and rank)

Oleksii Grebeshkov is an Associate Professor, Head of the Laboratory of Innovative Educational Technologies (IETLab) of Faculty of Economics and Management, Scientific Secretary of the editorial board of the collection of scientific works “Strategy of Economic Development of Ukraine”.