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Data Strategy Development: A Taxonomy for Data Strategy Tools and Methodologies in the Economy

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Innovation Through Information Systems (WI 2021)

Part of the book series: Lecture Notes in Information Systems and Organisation ((LNISO,volume 46))

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Abstract

Data are a key driver of the digital era. They shift the strategic landscape of organizations and change how companies approach their business. Nevertheless, existing approaches on data strategies vary vastly and little common ground is visible. Therefore, we develop a comprehensive taxonomy for data strategy tools and methodologies in order to identify characteristics and relevant properties of data strategy. We derived the taxonomy inductively by analyzing existing data strategy tools and methodologies offered in the current economy and deductively by conducting a structured literature review on the existing body of knowledge in the scientific literature. It serves as a scientific instrument to profoundly assess and create data strategies and work towards a consensus in the respective research field.

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Author information

Authors and Affiliations

  1. Fraunhofer Institute for Software and Systems Engineering, Dortmund, Germany

    Inan Gür, Markus Spiekermann, Michael Arbter & Boris Otto

  2. Chair for Industrial Information Management, TU Dortmund, Dortmund, Germany

    Boris Otto

Authors
  1. Inan Gür
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  2. Markus Spiekermann
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  3. Michael Arbter
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  4. Boris Otto
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Correspondence to Inan Gür .

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Editors and Affiliations

  1. Faculty of Business Administration and Economics, University of Duisburg-Essen, Essen, Germany

    Frederik Ahlemann

  2. Faculty of Business Administration and Economics, University of Duisburg-Essen, Essen, Germany

    Reinhard Schütte

  3. Department of Computer Science and Applied Cognitive Science, University of Duisburg-Essen, Duisburg, Germany

    Stefan Stieglitz

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Gür, I., Spiekermann, M., Arbter, M., Otto, B. (2021). Data Strategy Development: A Taxonomy for Data Strategy Tools and Methodologies in the Economy. In: Ahlemann, F., Schütte, R., Stieglitz, S. (eds) Innovation Through Information Systems. WI 2021. Lecture Notes in Information Systems and Organisation, vol 46. Springer, Cham. https://doi.org/10.1007/978-3-030-86790-4_30

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  • DOI: https://doi.org/10.1007/978-3-030-86790-4_30

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