Business Intelligence Systems and Transformational Leadership in SMEs
Subject Areas : Entrepreneurship and Mnagement of Knowledge-based Firms
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Keywords: Business Intelligence (BI), SMEs (Small and Medium-Sized Enterprises), Transformational Leadership, Senior Management, Continuous Changes.,
Abstract :
In order to survive in active and changing business environment, organizations should provide vital information for the managers by using new methods in a very short time. As Small and Medium Enterprises are the heart of economy; there’s no doubt in the importance of small and medium industries’ role in countries’ economic development so they need to use this new methods and systems. By using new technologies, SMEs are able to apply new processes like supply chain management, customer relationship management, and knowledge management. Business intelligence as a new concept could integrate the scattered and heterogeneous organizational data and by using business intelligence systems, SME's would be able to provide multi-dimensional analytical reports for their managers to make correct decisions. In addition to above systems, a powerful, committed and adaptive leadership method could provide the basis for effective utilization of the business intelligence systems. In this article, first we introduce Business Intelligence and Transformational leadership, and then we will investigate the importance of business intelligence systems usage and the role of transformational management in SMEs.