IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i19p14341-d1250159.html
   My bibliography  Save this article

Moderating the Synergies between Business Intelligence and Strategic Foresight: Navigating Uncertainty for Future Success through Knowledge Management

Author

Listed:
  • Areej Hijazin

    (Economic and Business Sciences, Universidad de Granada, 18011 Granada, Spain)

  • Javier Tamayo-Torres

    (Economic and Business Sciences, Universidad de Granada, 18011 Granada, Spain)

  • Nawras Nusairat

    (Faculty of Business, Applied Science Private University, Amman 11934, Jordan)

Abstract

The role of business intelligence in driving strategic planning in organizations have received considerable attention from many scholars. Nonetheless, there remains a promising area for further research, especially when considering moderating variables on effects such as knowledge management, which has contributed to businesses’ appreciation of the importance of business intelligence. To this end, in this study, the researchers constructed a conceptual model based on existing literature by incorporating relevant research variables. A questionnaire survey was conducted among a random sample of 307 employees selected from three telecom companies in Jordan. The researchers then utilized structural equation modeling with AMOS 21.0 to validate and test the model. The findings of the study revealed that business intelligence has a significant positive influence on strategic foresight. Furthermore, the analysis indicated that knowledge management mediates the relationship between business intelligence and strategic foresight. The implications and recommendations of academic research are also discussed.

Suggested Citation

  • Areej Hijazin & Javier Tamayo-Torres & Nawras Nusairat, 2023. "Moderating the Synergies between Business Intelligence and Strategic Foresight: Navigating Uncertainty for Future Success through Knowledge Management," Sustainability, MDPI, vol. 15(19), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14341-:d:1250159
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/19/14341/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/19/14341/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anna Pietruszka-Ortyl & Małgorzata Ćwiek & Bernard Ziębicki & Anna Wójcik-Karpacz, 2021. "Organizational Culture as a Prerequisite for Knowledge Transfer among IT Professionals: The Case of Energy Companies," Energies, MDPI, vol. 14(23), pages 1-32, December.
    2. Haarhaus, Tim & Liening, Andreas, 2020. "Building dynamic capabilities to cope with environmental uncertainty: The role of strategic foresight," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    3. Ana Sofia Lopes & Ana Sargento & Joana Farto, 2023. "Training in Digital Skills—The Perspective of Workers in Public Sector," Sustainability, MDPI, vol. 15(13), pages 1-18, July.
    4. Burt, George & Nair, Anup Karath, 2020. "Rigidities of imagination in scenario planning: Strategic foresight through ‘Unlearning’," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    5. Pauget, Bertrand & Dammak, Ahmed, 2019. "The implementation of the Internet of Things: What impact on organizations?," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 140-146.
    6. Qin Yang & Young-Chan Lee, 2022. "What Drives the Digital Customer Experience and Customer Loyalty in Mobile Short-Form Video Shopping? Evidence from Douyin (TikTok)," Sustainability, MDPI, vol. 14(17), pages 1-19, August.
    7. Bootz, Jean-Philippe & Durance, Philippe & Monti, Régine, 2019. "Foresight and knowledge management. New developments in theory and practice," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 80-83.
    8. Pannone, Andrea, 2001. "Accounting and Pricing for the Telecommunications Industry: An Operational Approach," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(2), pages 453-480, June.
    9. Djuricic, Ksenija & Bootz, Jean-Philippe, 2019. "Effectuation and foresight – An exploratory study of the implicit links between the two concepts," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 115-128.
    10. Dufva, Mikko & Ahlqvist, Toni, 2015. "Knowledge creation dynamics in foresight: A knowledge typology and exploratory method to analyse foresight workshops," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 251-268.
    11. Tapinos, E. & Pyper, N., 2018. "Forward looking analysis: Investigating how individuals ‘do’ foresight and make sense of the future," Technological Forecasting and Social Change, Elsevier, vol. 126(C), pages 292-302.
    12. Amir Emami & Dianne H. B. Welsh & Ali Davari & Arash Rezazadeh, 2022. "Examining the relationship between strategic alliances and the performance of small entrepreneurial firms in telecommunications," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 637-662, June.
    13. Jean-Philippe Bootz & Philippe Durance & Régine Monti, 2019. "Foresight and knowledge management. New developments in theory and practice," Post-Print hal-02864597, HAL.
    14. Tongzheng Pu & Chongxing Huang & Jingjing Yang & Ming Huang, 2023. "Transcending Time and Space: Survey Methods, Uncertainty, and Development in Human Migration Prediction," Sustainability, MDPI, vol. 15(13), pages 1-23, July.
    15. Bouhalleb, Arafet & Tapinos, Efstathios, 2023. "The impact of scenario planning on entrepreneurial orientation," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    16. Ruba Kutieshat & Panteha Farmanesh, 2022. "The Impact of New Human Resource Management Practices on Innovation Performance during the COVID 19 Crisis: A New Perception on Enhancing the Educational Sector," Sustainability, MDPI, vol. 14(5), pages 1-21, March.
    17. Pouru, Laura & Dufva, Mikko & Niinisalo, Tarja, 2019. "Creating organisational futures knowledge in Finnish companies," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 84-91.
    Full references (including those not matched with items on IDEAS)

    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. Rinat Zhanbayev & Saule Sagintayeva & Abildina Ainur & Anton Nazarov, 2020. "The Use of the Foresight Methods in Developing an Algorithm for Conducting Qualitative Examination of the Research Activities Results on the Example of the Republic of Kazakhstan," Mathematics, MDPI, vol. 8(11), pages 1-19, November.
    2. Marinković, Milan & Al-Tabbaa, Omar & Khan, Zaheer & Wu, Jie, 2022. "Corporate foresight: A systematic literature review and future research trajectories," Journal of Business Research, Elsevier, vol. 144(C), pages 289-311.
    3. Hanna Heino, 2021. "Knowledge creation and mobility in and through futures workshops," Futures & Foresight Science, John Wiley & Sons, vol. 3(1), March.
    4. Bourmistrov, Anatoli & Åmo, Bjørn Willy, 2022. "Creativity, proactivity, and foresight," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    5. Jean-Philippe Bootz & Philippe Durance & Régine Monti, 2019. "Foresight and knowledge management. New developments in theory and practice," Post-Print hal-02864597, HAL.
    6. Flick, Catherine & Zamani, Efpraxia D. & Stahl, Bernd Carsten & Brem, Alexander, 2020. "The future of ICT for health and ageing: Unveiling ethical and social issues through horizon scanning foresight," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    7. Zhao, Yang & Canales, J. Ignacio, 2021. "Never the twain shall meet? Knowledge strategies for digitalization in healthcare," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    8. Bing Wu & Chunyu Gong, 2019. "Impact of Open Innovation Communities on Enterprise Innovation Performance: A System Dynamics Perspective," Sustainability, MDPI, vol. 11(17), pages 1-27, September.
    9. Christopher Münch & Heiko A. von der Gracht, 2021. "A bibliometric review of scientific theory in futures and foresight: A commentary on Fergnani and Chermack 2021," Futures & Foresight Science, John Wiley & Sons, vol. 3(3-4), September.
    10. Taferner, Stefan Gerhard, 2023. "Strategic Foresight Capability and its Impact on Firm Performance: A systematic, AI-based Literature Review," Junior Management Science (JUMS), Junior Management Science e. V., vol. 8(3), pages 658-681.
    11. A. E. Rodríguez Salazar & M. A. Domínguez-Crespo & A. M. Torres-Huerta & A. I. Licona-Aguilar & A. Nivón-Pellón & V. N. Orta-Guzmán, 2021. "Analysis of the Dynamical Capabilities into the Public Research Institutes to Their Strategic Decision-Making," Sustainability, MDPI, vol. 13(12), pages 1-22, June.
    12. Musarra, Giuseppe & Kadile, Vita & Zaefarian, Ghasem & Oghazi, Pejvak & Najafi-Tavani, Zhaleh, 2022. "Emotions, culture intelligence, and mutual trust in technology business relationships," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    13. Heiskanen, Aleksi & Hurmekoski, Elias & Toppinen, Anne & Näyhä, Annukka, 2022. "Exploring the unknowns – State of the art in qualitative forest-based sector foresight research," Forest Policy and Economics, Elsevier, vol. 135(C).
    14. Jean-Luc Gaffard, 2003. "Coordination, marché et organisation. Essai sur l'efficacité et la stabilité des économies de marché," Revue de l'OFCE, Presses de Sciences-Po, vol. 85(2), pages 235-270.
    15. Jing, Zhongying & Li, Zheng, 2024. "The effect of population ageing on technological innovation in emerging market countries," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    16. Marini, Giovanni & Pannone, Andrea, 2007. "Capital and capacity utilization revisited: A theory for ICT-assisted production systems," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 231-248, June.
    17. Pauget, Bertrand & Tobelem, Jean-Michel & Bootz, Jean-Philippe, 2021. "The future of French museums in 2030," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    18. Khaled Naser Yousef Magableh & Selvi Kannan & Aladeen Yousef Rashid Hmoud, 2024. "Innovation Business Model: Adoption of Blockchain Technology and Big Data Analytics," Sustainability, MDPI, vol. 16(14), pages 1-25, July.
    19. repec:spo:wpecon:info:hdl:2441/6491 is not listed on IDEAS
    20. Qi, Ruijuan & Khan, Ali Junaid & Basheer, Muhammad Farhan & Ul Hameed, Waseem & Chaudhry, Iffat Sabir, 2023. "Handling the mishandling: Resolving the resource curse through effective utilization of available natural resources and claiming sustainable development," Resources Policy, Elsevier, vol. 87(PA).
    21. Larbi-Siaw, Otu & Xuhua, Hu & Owusu, Ebenezer & Owusu-Agyeman, Abigail & Fulgence, Brou Ettien & Frimpong, Samuel Akwasi, 2022. "Eco-innovation, sustainable business performance and market turbulence moderation in emerging economies," Technology in Society, Elsevier, vol. 68(C).

    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:gam:jsusta:v:15:y:2023:i:19:p:14341-:d:1250159. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.