๐ Data Science Competencies as Micro-Foundations of Digital Business Capability: A Digital Dynamic Capabilities Perspective ๐
In today’s hyper-digital era ๐, organizations thrive not just on technology but on how effectively they leverage data science competencies as the building blocks (micro-foundations) of their digital strength. These competencies empower firms to sense opportunities ๐, seize innovations ๐ก, and transform operations ๐—the core pillars of dynamic capabilities. ๐ 1. Understanding Data Science Competencies Data science competencies refer to the blend of technical, analytical, and strategic skills required to extract insights from data. Subtopics: ๐ง Analytical Thinking : Turning raw data into meaningful patterns ๐ป Technical Expertise : Skills in Python, R, AI, and Machine Learning ๐ Data Visualization : Crafting compelling dashboards and storytelling ๐️ Data Management : Cleaning, storing, and organizing massive datasets ⚙️ 2. Micro-Foundations of Digital Capability Micro-foundations are the individual-level skills and processes that collectively drive organizat...