2016 49th Hawaii International Conference on System Sciences (HICSS) (2016)
Koloa, HI, USA
Jan. 5, 2016 to Jan. 8, 2016
In a shifting energy landscape, organizations are incorporating energy impacts into strategic decision making. Conventional approaches such as life-cycle assessment and net present value are useful in this regard but are not without limitations. This study employs a design science research methodology to describe a new IT-enabled approach to optimizing strategic resources that leverages big data for strategic decision making. We motivate the need for a new approach, describe the objectives of the solution, develop and design the approach to achieve the solution, and evaluate its efficacy within a global food and beverage company. Results suggest that application of new IT-enabled decision-making approaches that leverage big data can enhance strategic decision making and thereby enhance the efficiency and resilience of organizations.
Big data, Measurement, Decision making, Green products, Organizations, Buildings, Petroleum
N. P. Melville and O. Zik, "Energy Points: A New Approach to Optimizing Strategic Resources by Leveraging Big Data," 2016 49th Hawaii International Conference on System Sciences (HICSS), Koloa, HI, USA, 2016, pp. 1030-1039.