Business intelligence systems and bank performance in Ghana: The balanced scorecard approach
Business intelligence (BI) systems has been widely publicised as providing immense benefits to organisations that have implemented it. Yet, very few studies have empirically evaluated these assertions theoretically. The main aim of this study is to empirically evaluate the impacts of adopting BI sys...
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Taylor & Francis Group
2017
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oai:doaj.org-article:216cd4a2397e4530a27f9facd691ceb02021-12-02T14:07:31ZBusiness intelligence systems and bank performance in Ghana: The balanced scorecard approach2331-197510.1080/23311975.2017.1364056https://doaj.org/article/216cd4a2397e4530a27f9facd691ceb02017-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2017.1364056https://doaj.org/toc/2331-1975Business intelligence (BI) systems has been widely publicised as providing immense benefits to organisations that have implemented it. Yet, very few studies have empirically evaluated these assertions theoretically. The main aim of this study is to empirically evaluate the impacts of adopting BI systems on organisational performance of banks. A conceptual model was developed using the balanced scorecard. Data were collected through hand-administered survey questionnaires from the universal banks in Ghana where 130 samples from executives were analysed through partial least squares structural equation modelling (PLS-SEM). The results indicate that BI Systems indeed have a positive significant effect on the learning and growth, internal process and customer performances of the banks. However, the findings proved that the adoption of BI systems does not directly lead to the financial performance of the banks, but rather through the indirect effects of learning and growth, internal process and customer performances thus confirming the core premise of the balanced scorecard. A major practical implication from the study is that vendors can capitalise on the findings to promote their BI products.Acheampong OwusuTaylor & Francis Grouparticlebusiness intelligence systemsbank performancebalanced scorecardghanaBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 4, Iss 1 (2017) |
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business intelligence systems bank performance balanced scorecard ghana Business HF5001-6182 Management. Industrial management HD28-70 |
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business intelligence systems bank performance balanced scorecard ghana Business HF5001-6182 Management. Industrial management HD28-70 Acheampong Owusu Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
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Business intelligence (BI) systems has been widely publicised as providing immense benefits to organisations that have implemented it. Yet, very few studies have empirically evaluated these assertions theoretically. The main aim of this study is to empirically evaluate the impacts of adopting BI systems on organisational performance of banks. A conceptual model was developed using the balanced scorecard. Data were collected through hand-administered survey questionnaires from the universal banks in Ghana where 130 samples from executives were analysed through partial least squares structural equation modelling (PLS-SEM). The results indicate that BI Systems indeed have a positive significant effect on the learning and growth, internal process and customer performances of the banks. However, the findings proved that the adoption of BI systems does not directly lead to the financial performance of the banks, but rather through the indirect effects of learning and growth, internal process and customer performances thus confirming the core premise of the balanced scorecard. A major practical implication from the study is that vendors can capitalise on the findings to promote their BI products. |
format |
article |
author |
Acheampong Owusu |
author_facet |
Acheampong Owusu |
author_sort |
Acheampong Owusu |
title |
Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
title_short |
Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
title_full |
Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
title_fullStr |
Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
title_full_unstemmed |
Business intelligence systems and bank performance in Ghana: The balanced scorecard approach |
title_sort |
business intelligence systems and bank performance in ghana: the balanced scorecard approach |
publisher |
Taylor & Francis Group |
publishDate |
2017 |
url |
https://doaj.org/article/216cd4a2397e4530a27f9facd691ceb0 |
work_keys_str_mv |
AT acheampongowusu businessintelligencesystemsandbankperformanceinghanathebalancedscorecardapproach |
_version_ |
1718391949943111680 |