Implementation of enterprise-wide business analytics

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One of the barriers associated with the implementation of enterprise-wide business analytics is the fear of failure. In order to innovate through analytics, the organization must be able to tolerate failure.

To what extent do you think failure should be tolerated when experimenting with business analytics and innovation strategies? Within your own experiences, have you ever been given the opportunity to try a new approach that could ultimately end of failing? Describe your experience and what you learned from this experience.

Reference no: EM131749887

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