Management Perspectives towards the Data-Driven Organization in the Energy Sector

This paper explores the current attitudes of managers and executives working in the energy sector towards the Data-Driven Organizational Model implied by Big Data. The aim is to explore and understand the current mindset of senior decision makers, since their success depends as much on cognitive and...

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Main Authors: Irina Bogdana Pugna, Dana Maria Boldeanu, Mirela Gheorghe, Gabriel Cozgarea, Adrian Nicolae Cozgarea
Format: Article
Language:English
Published: MDPI AG 2022-08-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/16/5775
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author Irina Bogdana Pugna
Dana Maria Boldeanu
Mirela Gheorghe
Gabriel Cozgarea
Adrian Nicolae Cozgarea
author_facet Irina Bogdana Pugna
Dana Maria Boldeanu
Mirela Gheorghe
Gabriel Cozgarea
Adrian Nicolae Cozgarea
author_sort Irina Bogdana Pugna
collection DOAJ
description This paper explores the current attitudes of managers and executives working in the energy sector towards the Data-Driven Organizational Model implied by Big Data. The aim is to explore and understand the current mindset of senior decision makers, since their success depends as much on cognitive and behavioral processes as on their technical competences. We adopt a grounded-theory approach, developing models of understanding and belief abductively, driven by the data obtained from participants through a reflection guide. We find that managers differ significantly in their understanding and engagement with their challenges; they display interest but differ in their commitment and enthusiasm; they identify a lack of strategy and skills as current barriers; and they are currently unwilling to trust data, treating evidence according to their own prior commitments. This is a significant barrier to establishing the Data-Driven Organizational Model. These findings raise concerns, and the paper concludes that by considering initiatives for implementing more agile and forward-looking approaches, establishing a data-driven organizational culture, and managing such changes effectively.
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spelling doaj.art-50ffb103be104df1953b2c5c2e3966e22023-12-01T23:39:04ZengMDPI AGEnergies1996-10732022-08-011516577510.3390/en15165775Management Perspectives towards the Data-Driven Organization in the Energy SectorIrina Bogdana Pugna0Dana Maria Boldeanu1Mirela Gheorghe2Gabriel Cozgarea3Adrian Nicolae Cozgarea4Department of Management of Information Systems, Bucharest University of Economic Studies, 6 Piața Romană, Sector 1, 010374 Bucharest, RomaniaDepartment of Management of Information Systems, Bucharest University of Economic Studies, 6 Piața Romană, Sector 1, 010374 Bucharest, RomaniaDepartment of Management of Information Systems, Bucharest University of Economic Studies, 6 Piața Romană, Sector 1, 010374 Bucharest, RomaniaDepartment of Management of Information Systems, Bucharest University of Economic Studies, 6 Piața Romană, Sector 1, 010374 Bucharest, RomaniaDepartment of Management of Information Systems, Bucharest University of Economic Studies, 6 Piața Romană, Sector 1, 010374 Bucharest, RomaniaThis paper explores the current attitudes of managers and executives working in the energy sector towards the Data-Driven Organizational Model implied by Big Data. The aim is to explore and understand the current mindset of senior decision makers, since their success depends as much on cognitive and behavioral processes as on their technical competences. We adopt a grounded-theory approach, developing models of understanding and belief abductively, driven by the data obtained from participants through a reflection guide. We find that managers differ significantly in their understanding and engagement with their challenges; they display interest but differ in their commitment and enthusiasm; they identify a lack of strategy and skills as current barriers; and they are currently unwilling to trust data, treating evidence according to their own prior commitments. This is a significant barrier to establishing the Data-Driven Organizational Model. These findings raise concerns, and the paper concludes that by considering initiatives for implementing more agile and forward-looking approaches, establishing a data-driven organizational culture, and managing such changes effectively.https://www.mdpi.com/1996-1073/15/16/5775data-driven organizational modelbig databig data analyticsdigitalizationenergyEU Green Deal
spellingShingle Irina Bogdana Pugna
Dana Maria Boldeanu
Mirela Gheorghe
Gabriel Cozgarea
Adrian Nicolae Cozgarea
Management Perspectives towards the Data-Driven Organization in the Energy Sector
Energies
data-driven organizational model
big data
big data analytics
digitalization
energy
EU Green Deal
title Management Perspectives towards the Data-Driven Organization in the Energy Sector
title_full Management Perspectives towards the Data-Driven Organization in the Energy Sector
title_fullStr Management Perspectives towards the Data-Driven Organization in the Energy Sector
title_full_unstemmed Management Perspectives towards the Data-Driven Organization in the Energy Sector
title_short Management Perspectives towards the Data-Driven Organization in the Energy Sector
title_sort management perspectives towards the data driven organization in the energy sector
topic data-driven organizational model
big data
big data analytics
digitalization
energy
EU Green Deal
url https://www.mdpi.com/1996-1073/15/16/5775
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