IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v41y2011i6p578-589.html
   My bibliography  Save this article

INFORMS and the Analytics Movement: The View of the Membership

Author

Listed:
  • Matthew Liberatore

    (Villanova School of Business, Villanova University, Villanova, Pennsylvania 19085)

  • Wenhong Luo

    (Villanova School of Business, Villanova University, Villanova, Pennsylvania 19085)

Abstract

Analytics has seen rapid growth in its adoption across a variety of organizations, especially businesses, and many firms now recognize analytics as an important business function that adds value. This trend toward data-driven and analytical decision making presents tremendous opportunities and challenges for OR professionals. As the leading scientific and professional organization for OR professionals, INFORMS must decide whether to stake its claim on the analytics movement. The purpose of this study is to assess the attitude of INFORMS members with respect to analytics and INFORMS' expansion into analytics. The results show that the INFORMS membership overall perceived great benefits and limited risks and thus offered strong support for INFORMS' expansion into analytics. However, the expected involvement of members in INFORMS analytics-oriented activities is more selective. In addition, we found that members' ages, educational levels, and affiliations affect their views on the expansion. The study findings can assist in the formulation of INFORMS' analytics strategy, contribute to its change management process, and help identify areas of focus for analytics service offerings.

Suggested Citation

  • Matthew Liberatore & Wenhong Luo, 2011. "INFORMS and the Analytics Movement: The View of the Membership," Interfaces, INFORMS, vol. 41(6), pages 578-589, December.
  • Handle: RePEc:inm:orinte:v:41:y:2011:i:6:p:578-589
    DOI: 10.1287/inte.1110.0599
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.1110.0599
    Download Restriction: no

    File URL: https://libkey.io/10.1287/inte.1110.0599?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robert E. Levasseur, 2009. "People Skills: Implementing Strategic Goals---A Change Management Perspective," Interfaces, INFORMS, vol. 39(4), pages 370-372, August.
    2. Matthew J. Liberatore & Wenhong Luo, 2010. "The Analytics Movement: Implications for Operations Research," Interfaces, INFORMS, vol. 40(4), pages 313-324, August.
    3. L. Robin Keller & Craig W. Kirkwood, 1999. "The Founding of INFORMS: A Decision Analysis Perspective," Operations Research, INFORMS, vol. 47(1), pages 16-28, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michael F. Gorman, 2017. "Interfaces Editor’s Statement," Interfaces, INFORMS, vol. 47(1), pages 1-3, February.
    2. Tom Pape, 2020. "Prioritising data items for business analytics: Framework and application to human resources," Papers 2012.13813, arXiv.org.
    3. Matthew Liberatore & Wenhong Luo, 2013. "ASP, The Art and Science of Practice: A Comparison of Technical and Soft Skill Requirements for Analytics and OR Professionals," Interfaces, INFORMS, vol. 43(2), pages 194-197, April.
    4. Mortenson, Michael J. & Doherty, Neil F. & Robinson, Stewart, 2015. "Operational research from Taylorism to Terabytes: A research agenda for the analytics age," European Journal of Operational Research, Elsevier, vol. 241(3), pages 583-595.
    5. Michael F. Gorman & Ronald K. Klimberg, 2014. "Benchmarking Academic Programs in Business Analytics," Interfaces, INFORMS, vol. 44(3), pages 329-341, June.
    6. Andrea Ko & Saira Gillani, 2020. "A Research Review and Taxonomy Development for Decision Support and Business Analytics Using Semantic Text Mining," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 19(01), pages 97-126, January.
    7. Benjamin T. Hazen & Joseph B. Skipper & Christopher A. Boone & Raymond R. Hill, 2018. "Back in business: operations research in support of big data analytics for operations and supply chain management," Annals of Operations Research, Springer, vol. 270(1), pages 201-211, November.
    8. Valentin Zelenyuk, 2019. "Data Envelopment Analysis and Business Analytics: The Big Data Challenges and Some Solutions," CEPA Working Papers Series WP072019, School of Economics, University of Queensland, Australia.
    9. Ranyard, J.C. & Fildes, R. & Hu, Tun-I, 2015. "Reassessing the scope of OR practice: The Influences of Problem Structuring Methods and the Analytics Movement," European Journal of Operational Research, Elsevier, vol. 245(1), pages 1-13.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mortenson, Michael J. & Doherty, Neil F. & Robinson, Stewart, 2015. "Operational research from Taylorism to Terabytes: A research agenda for the analytics age," European Journal of Operational Research, Elsevier, vol. 241(3), pages 583-595.
    2. Benjamin T. Hazen & Joseph B. Skipper & Christopher A. Boone & Raymond R. Hill, 2018. "Back in business: operations research in support of big data analytics for operations and supply chain management," Annals of Operations Research, Springer, vol. 270(1), pages 201-211, November.
    3. Tianjun Feng & L. Robin Keller, 2006. "A Multiple-Objective Decision Analysis for Terrorism Protection: Potassium Iodide Distribution in Nuclear Incidents," Decision Analysis, INFORMS, vol. 3(2), pages 76-93, June.
    4. Bechler, Georg & Steinhardt, Claudius & Mackert, Jochen & Klein, Robert, 2021. "Product line optimization in the presence of preferences for compromise alternatives," European Journal of Operational Research, Elsevier, vol. 288(3), pages 902-917.
    5. Tom Pape, 2020. "Prioritising data items for business analytics: Framework and application to human resources," Papers 2012.13813, arXiv.org.
    6. Durrel Ramrathan & Mabutho Sibanda, 2014. "Impact of Analytics in Financial Decision Making: Evidence from a Case Study Approach," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 10(5), pages 124-135, October.
    7. Michael F. Gorman, 2017. "Interfaces Editor’s Statement," Interfaces, INFORMS, vol. 47(1), pages 1-3, February.
    8. Piotr Muryjas & Monika Wawer & Magdalena Rzemieniak, 2021. "Managing the Process of Evaluation of the Academic Teachers with the Use of Data Mart and Business Intelligence," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 127-140.
    9. Johnson, Michael P. & Midgley, Gerald & Chichirau, George, 2018. "Emerging trends and new frontiers in community operational research," European Journal of Operational Research, Elsevier, vol. 268(3), pages 1178-1191.
    10. Ramayya Krishnan & Alfred Blumstein & Jon Nehlsen, 2018. "Designing and Sustaining an Award-Winning Analytics Educational Program: The Heinz College of Information Systems and Public Policy at Carnegie Mellon University," Interfaces, INFORMS, vol. 48(4), pages 372-383, August.
    11. Tino T. Herden, 2020. "Explaining the competitive advantage generated from Analytics with the knowledge-based view: the example of Logistics and Supply Chain Management," Business Research, Springer;German Academic Association for Business Research, vol. 13(1), pages 163-214, April.
    12. Isabelle Piot-Lepetit & Joseph Nzongang, 2019. "Performance assessment and definition of improvement paths for microfinance institutions: An application to a network of village banks in Cameroon," Post-Print hal-02619461, HAL.
    13. Gandino, E., 2018. "Co-designing the solution space for rural regeneration in a new World Heritage site: A Choice Experiments approachAuthor-Name: Ferretti, V," European Journal of Operational Research, Elsevier, vol. 268(3), pages 1077-1091.
    14. James R. Evans, 2015. "Teaching Note—Analytic Visualization of Solver Output," INFORMS Transactions on Education, INFORMS, vol. 15(3), pages 232-239, May.
    15. Conboy, Kieran & Mikalef, Patrick & Dennehy, Denis & Krogstie, John, 2020. "Using business analytics to enhance dynamic capabilities in operations research: A case analysis and research agenda," European Journal of Operational Research, Elsevier, vol. 281(3), pages 656-672.
    16. Ranyard, J.C. & Fildes, R. & Hu, Tun-I, 2015. "Reassessing the scope of OR practice: The Influences of Problem Structuring Methods and the Analytics Movement," European Journal of Operational Research, Elsevier, vol. 245(1), pages 1-13.
    17. Mantin, Benny & Rubin, Eran, 2018. "Price volatility and market performance measures: The case of revenue managed goods," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 120(C), pages 35-50.
    18. Matthew Liberatore & Wenhong Luo, 2013. "ASP, The Art and Science of Practice: A Comparison of Technical and Soft Skill Requirements for Analytics and OR Professionals," Interfaces, INFORMS, vol. 43(2), pages 194-197, April.
    19. Erland Hejn Nielsen & Steen Nielsen, 2020. "Preparing students for careers using business analytics and data-driven decision making," Economics Working Papers 2020-08, Department of Economics and Business Economics, Aarhus University.
    20. Martin Potančok & Jan Pour & Wui Ip, 2021. "Factors Influencing Business Analytics Solutions and Views on Business Problems," Data, MDPI, vol. 6(8), pages 1-12, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:41:y:2011:i:6:p:578-589. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.