Corporate Risk Management Strategies Using Big Data and Predictive Analytics

Hendri Syahputra; Faried Effendy; Al-Amin Al-Amin

doi:10.54443/sj.v4i2.509

Authors

Hendri Syahputra Universitas Gajah Putih, Indonesia
Faried Effendy Universitas Airlangga, Indonesia
Al-Amin Universitas Airlangga, Indonesia

DOI:

https://doi.org/10.54443/sj.v4i2.509

Keywords:

corporate risk management, Big Data, predictive analytics, strategy, digitalization

Abstract

Digital transformation has brought significant changes in the corporate risk management landscape. The application of Big Data and predictive analytics provides new opportunities for companies to identify, monitor and control risks more effectively and efficiently. This research aims to examine the implementation strategy of Big Data and predictive analytics in corporate risk management through the literature review method. The results show that the integration of these technologies can improve early detection of risks, accelerate data-based decision-making, and automate the risk mitigation process. However, successful implementation is strongly influenced by the readiness of technological infrastructure, human resource competence, data governance, and management commitment. With the right strategy, companies can build an adaptive, responsive and highly competitive risk management system in the digital era.

Downloads

Download data is not yet available.

References

Abbasi, A., Sarker, S., & Chiang, R. (2016). Big Data Research in Information Systems: Toward an Inclusive Research Agenda. Journal of the Association for Information Systems, 17(2), i–xxxii. https://doi.org/10.17705/1jais.00423

Arifulsyah, A. (2023). Penerapan Big Data Analytics dalam Pengambilan Keputusan Bisnis. Jurnal Sosial Sains Dan Riset.

Aulia, A. (2024). Pengaruh Big Data dalam Akuntansi Syariah: Analisis Prediktif dan Pengambilan Keputusan Strategis. Jurnal Teknologi Informasi, 8(2), 1–16.

Baridah, L., Ritonga, N. P., & Aini, S. N. (2025). Peran Teknologi Dalam Manajemen Risiko dan Inovasi. Journal on Education, 07(02), 9293–9302.

Calabretta, G., Gemser, G., & Karpen, I. (2016). Big Data for Corporate Risk Management: Opportunities and Challenges. Journal of Business Research, 69(2), 546–554. https://doi.org/10.1016/j.jbusres.2015.05.003

Chen, H., Chiang, R., & Storey, V. (2012). Business Intelligence and Analytics: From Big Data to Big Impact. MIS Quarterly, 36(4), 1165–1188. https://doi.org/10.2307/41703503

Delen, D., & Demirkan, H. (2013). Data, Information and Analytics as Services. Decision Support Systems, 55(1), 359–363. https://doi.org/10.1016/j.dss.2012.05.044

Dewi, F. S., & Dewayanto, T. (2024). Peran Big Data Analytics, Machine Learning, dan Artificial Intelligence dalam Pendeteksian Financial Fraud: A Systematic Literature Review. Accounting Analysis Journal, 13(2), 123–137. https://doi.org/10.14710/aaj.v13i2.46107

Eliyah, E., & Aslan, A. (2025). STAKE’S EVALUATION MODEL: METODE PENELITIAN. Prosiding Seminar Nasional Indonesia, 3(2), Article 2.

Grover, V., Chiang, R., Liang, T., & Zhang, D. (2018). Creating Strategic Business Value from Big Data Analytics: A Research Framework. Journal of Management Information Systems, 35(2), 388–423. https://doi.org/10.1080/07421222.2018.1451951

Gupta, M., & George, J. (2016). Toward the Development of a Big Data Analytics Capability. Information & Management, 53(8), 1049–1064. https://doi.org/10.1016/j.im.2016.07.004

Kohli, R., & Melville, N. (2019). Digital Innovation: A Review and Synthesis. Information Systems Journal, 29(1), 200–223. https://doi.org/10.1111/isj.12193

Kshetri, N. (2014). Big Data’s Impact on Privacy, Security and Consumer Welfare. Telecommunications Policy, 38(11), 1134–1145. https://doi.org/10.1016/j.telpol.2014.10.002

LaValle, S., Lesser, E., Shockley, R., Hopkins, M. S., & Kruschwitz, N. (2011). Big Data, Analytics and the Path from Insights to Value. MIT Sloan Management Review, 52(2), 21–32.

Mahendra, D., & Soewito, B. (2023). Pemanfaatan AI dan Machine Learning untuk Pemodelan Risiko Korporat. Jurnal Inovasi Global, 2(3), 1191–1200.

Manyika, J., Chui, M., Brown, B., Bughin, J., Dobbs, R., Roxburgh, C., & Byers, A. (2011). Big Data: The Next Frontier for Innovation, Competition, and Productivity. McKinsey Global Institute, 1–137.

Mara, R., & Sipahutar, R. (2020). Manajemen Risiko Global: Strategi Menghadapi Ketidakpastian Ekonomi dan Geopolitik di Tahun 2024. Jurnal Inovasi Global, 2(1), 1179–1188.

McAfee, A., & Brynjolfsson, E. (2012). Big Data: The Management Revolution. Harvard Business Review, 90(10), 60–68.

Mikalef, P., Krogstie, J., Pappas, I., & Giannakos, M. (2018). Investigating the Effects of Big Data Analytics Capabilities on Firm Performance: The Mediating Role of Dynamic Capabilities. Information & Management, 55(8), 1031–1044. https://doi.org/10.1016/j.im.2018.03.004

MyCarrier Telkom. (2022). Big Data untuk Manajemen Risiko. [URL tidak tersedia]

Nazhifa, A., & Fatima, N. (2023). Evaluasi Strategi Manajemen Risiko Global Berbasis Analitik Data. Jurnal Inovasi Global, 2(2), 1181–1190.

Pangestu, B., & Ikasari, R. (2023). Infrastruktur Teknologi Big Data untuk Pengambilan Keputusan Strategis. Jurnal Sistem Informasi, 9(3), 55–68.

Petticrew, M., & Roberts, H. (2020). Systematic Reviews in the Social Sciences: A Practical Guide. Wiley-Blackwell.

Power, D. (2014). Using ‘Big Data’ for Analytics and Decision Support. Journal of Decision Systems, 23(2), 222–228. https://doi.org/10.1080/12460125.2014.888848

Provost, F., & Fawcett, T. (2013). Data Science and Its Relationship to Big Data and Data-Driven Decision Making. Big Data, 1(1), 51–59. https://doi.org/10.1089/big.2013.1508

Reyhan, M. & et al. (2023). Penggunaan Data Analisis dan Big Data dalam Strategi Pengambilan Keputusan Keuangan. Jurnal Administrasi Dan Manajemen Publik.

Sagiroglu, S., & Sinanc, D. (2013). Big Data: A Review. International Journal of Computer Applications, 7(2), 42–46. https://doi.org/10.5120/11689-7196

Seddon, P., Constantinidis, D., Tamm, T., & Dod, H. (2017). How Does Business Analytics Contribute to Business Value? Information Systems Journal, 27(3), 237–269. https://doi.org/10.1111/isj.12101

Sivarajah, U., Kamal, M., Irani, Z., & Weerakkody, V. (2017). Critical Analysis of Big Data Challenges and Analytical Methods. Journal of Business Research, 70, 263–286. https://doi.org/10.1016/j.jbusres.2016.08.001

Syahputra, D., & Santoso, A. (2024). Efektivitas Pemanfaatan Big Data dalam Pengambilan Keputusan Strategis di Industri Perbankan. Jurnal Bisnis Dan Manajemen, 12(1), 77–90.

Wamba, S., Akter, S., Edwards, A., Chopin, G., & Gnanzou, D. (2015). How ‘Big Data’ Can Make Big Impact: Findings from a Systematic Review and a Longitudinal Case Study. International Journal of Production Economics, 165, 234–246. https://doi.org/10.1016/j.ijpe.2014.12.031