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Management Journal Article hero
Management Journal Article

Build Business Advantage With Real-Time Decision-Making

Stop running your business on yesterday’s data. Real-time data, empowered employees, and agile systems can lead to higher margins.
Abstract

Real-time businesses are able to make quick, data-driven decisions, enabling them to dramatically outperform competitors. Research points to four key capabilities that the most successful RTBs have: real-time data availability and decision-making, empowered employees, better business agility, and a more integrated customer experience. Case studies of United Airlines, Ikea Retail, and Vanguard illustrate how those companies have engaged in the four capabilities to become successful real-time businesses.

About the Researchers

Profile picture for user elizabeth.vandenberg@gmail.com

Elizabeth Van den Berg, Operating Partner, Goldman Sachs and Industry Research Fellow, MIT CISR

MIT CENTER FOR INFORMATION SYSTEMS RESEARCH (CISR)

Founded in 1974 and grounded in MIT's tradition of combining academic knowledge and practical purpose, MIT CISR helps executives meet the challenge of leading increasingly digital and data-driven organizations. We work directly with digital leaders, executives, and boards to develop our insights. Our research is funded by member organizations that support our work and participate in our consortium. 

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