Data Analytics in Strategic Management: A Mathematical Perspective

This study investigates the transformative role of mathematics-driven data analytics in strategic management, focusing on tools such as regression analysis, clustering, and machine learning. These methodologies have reshaped decision-making processes in marketing, operations, and customer relationship management by enabling precise forecasting, customer segmentation, and operational efficiency. The systematic literature review employs the PRISMA methodology to analyze peer-reviewed articles. Key findings highlight regression analysis as a cornerstone for trend prediction and pricing strategies, clustering techniques for improving customer engagement through segmentation, and machine learning for optimizing supply chains and risk management. However, challenges such as scalability issues, integration of real-time analytics, and ethical concerns around data usage persist. The study emphasizes the need for comprehensive frameworks to align mathematical insights with strategic goals and explores the potential of emerging tools, like deep learning, in addressing these gaps. By offering practical recommendations for managers, researchers, and technology providers, the research bridges theoretical and practical dimensions, fostering innovation and organizational success.

Authors

Publication Details

Journal
International Journal of Research and Innovation in Social Science
Published
2025-01-01
DOI
https://doi.org/10.47772/ijriss.2025.9020252
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

Data Analytics in Strategic Management: A Mathematical Perspective

Robert Akpalu, Peter Agyekum Boateng, Jeanette Owusu, Emmanuel Ayisi Asare
International Journal of Research and Innovation in Social Science
Big Data and Business Intelligence
article

Data Analytics in Strategic Management: A Mathematical Perspective

Robert Akpalu, Peter Agyekum Boateng, Jeanette Owusu, Emmanuel Ayisi Asare
article en

Abstract

This study investigates the transformative role of mathematics-driven data analytics in strategic management, focusing on tools such as regression analysis, clustering, and machine learning. These methodologies have reshaped decision-making processes in marketing, operations, and customer relationship management by enabling precise forecasting, customer segmentation, and operational efficiency. The systematic literature review employs the PRISMA methodology to analyze peer-reviewed articles. Key findings highlight regression analysis as a cornerstone for trend prediction and pricing strategies, clustering techniques for improving customer engagement through segmentation, and machine learning for optimizing supply chains and risk management. However, challenges such as scalability issues, integration of real-time analytics, and ethical concerns around data usage persist. The study emphasizes the need for comprehensive frameworks to align mathematical insights with strategic goals and explores the potential of emerging tools, like deep learning, in addressing these gaps. By offering practical recommendations for managers, researchers, and technology providers, the research bridges theoretical and practical dimensions, fostering innovation and organizational success.

International Journal of Research and Innovation in Social ScienceVol. IX(II)
Openalex Percentile: Top 93%
Big Data and Business Intelligence
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