Ensuring Compliance in the Digital Era: A Knowledge-Based Dynamic Capabilities Framework Wheel for Data-Driven Organisations
Published: 2022
Author(s) Name: Stephen Treacy |
Author(s) Affiliation: Cork University Business School, University College Cork, Ireland.
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Abstract
Data-driven organisations are becoming increasingly
prevalent, yet the degree to which knowledge-based
dynamic capabilities (KBDC) have been explored in
conjunction with data governance and compliance
remains scarce. While there is ample support for
the presence of KBDC within data management and
strategy development, data compliance represents a
compelling setting, given the increasingly stringent
data protection regulations being enforced worldwide.
This has led to a distinct lack of prior research exploring
the area, especially as previous studies have chosen to
focus instead on the data regulations and implications
themselves, rather than a standalone theory. We
interview 19 data compliance experts across seven
countries to explore how KBDC mechanisms can be
used to: (i) develop, (ii) establish, and (iii) commit
to a data compliance strategy. Through this study,
we present a conceptual data compliance strategy
framework wheel for data-driven organisations, and
discuss the implications for both IS and practice.
Keywords: Data Driven Organisations, Knowledge Based Dynamic Capabilities Theory, Data Compliance, Data Governance
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