Confirmatory factor analysis results for convergent validity and reliability
| Construct and item | Descriptive statistics | Convergent validity | Reliability | |||
|---|---|---|---|---|---|---|
| Mean | Standard deviation | Factor loading | Average variance extracted | Cronbach’s alpha | Composite reliability | |
| Big data analytics capabilities (BDAC) | 0.822 | 0.958 | 0.958 | |||
| BDAC1. We have advanced tools (analytics and algorithms) to extract value from big data | 3.433 | 1.336 | 0.914 | |||
| BDAC2. We are able to discover relationships and dependencies from big data | 3.36 | 1.328 | 0.904 | |||
| BDAC3. We are able to perform predictions of outcomes and behaviors from big data | 3.437 | 1.18 | 0.891 | |||
| BDAC4. We are able to discover new correlations from big data to spot market demand trends and predict user behavior | 3.513 | 1.13 | 0.912 | |||
| BDAC5. Our big data analytics staff has the right skills to accomplish their jobs successfully | 3.36 | 1.19 | 0.911 | |||
| Digital capabilities (DC) | 0.849 | 0.965 | 0.965 | |||
| DC1. We offer different training (courses, literature, coaching) to improve the digital expertise of our team members | 3.23 | 1.282 | 0.953 | |||
| DC2. Digital capabilities are an important selection criterion in recruiting new team members | 3.203 | 1.315 | 0.933 | |||
| DC3. Our team members use all digital services in the products we offer | 3.207 | 1.348 | 0.854 | |||
| DC4. Our team has the necessary capabilities to further digitalize our company | 3.333 | 1.258 | 0.932 | |||
| DC5. We actively discuss our digital projects within our company, including failures and best practices | 3.267 | 1.274 | 0.932 | |||
| Data-driven culture (DDC) | 0.911 | 0.980 | 0.982 | |||
| DDC1. We consider data a tangible asset | 2.933 | 1.508 | 0.865 | |||
| DDC2. We base our decisions on data rather than on instinct | 3.027 | 1.709 | 0.981 | |||
| DDC3. We are willing to override our own intuition when data contradict our viewpoints | 3.02 | 1.673 | 0.991 | |||
| DDC4. We continuously assess and improve the business rules in response to insights extracted from data | 3 | 1.604 | 0.967 | |||
| DDC5. We continuously coach our employees to make decisions based on data | 3.057 | 1.677 | 0.961 | |||
| Digital transformation (DT) | 0.934 | 0.983 | 0.983 | |||
| DT1. Our firm was integrating digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to drive organizational structure and culture changes in the last six years | 2.497 | 1.338 | 0.965 | |||
| DT2. Our firm was integrating digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to drive leadership styles, employee roles, and skills changes in the last six years | 2.657 | 1.366 | 0.960 | |||
| DT3. Our firm was driving new business processes, sales networks, and channels built on digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things over the last six years | 2.603 | 1.278 | 0.963 | |||
| DT4. Our firm was supporting digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to rapidly adapt to changes in environmental conditions over the last six years | 2.577 | 1.392 | 0.978 | |||
| Construct and item | Descriptive statistics | Convergent validity | Reliability | |||
|---|---|---|---|---|---|---|
| Mean | Standard deviation | Factor loading | Average variance extracted | Cronbach’s alpha | Composite reliability | |
| 0.822 | 0.958 | 0.958 | ||||
| BDAC1. We have advanced tools (analytics and algorithms) to extract value from big data | 3.433 | 1.336 | 0.914 | |||
| BDAC2. We are able to discover relationships and dependencies from big data | 3.36 | 1.328 | 0.904 | |||
| BDAC3. We are able to perform predictions of outcomes and behaviors from big data | 3.437 | 1.18 | 0.891 | |||
| BDAC4. We are able to discover new correlations from big data to spot market demand trends and predict user behavior | 3.513 | 1.13 | 0.912 | |||
| BDAC5. Our big data analytics staff has the right skills to accomplish their jobs successfully | 3.36 | 1.19 | 0.911 | |||
| 0.849 | 0.965 | 0.965 | ||||
| DC1. We offer different training (courses, literature, coaching) to improve the digital expertise of our team members | 3.23 | 1.282 | 0.953 | |||
| DC2. Digital capabilities are an important selection criterion in recruiting new team members | 3.203 | 1.315 | 0.933 | |||
| DC3. Our team members use all digital services in the products we offer | 3.207 | 1.348 | 0.854 | |||
| DC4. Our team has the necessary capabilities to further digitalize our company | 3.333 | 1.258 | 0.932 | |||
| DC5. We actively discuss our digital projects within our company, including failures and best practices | 3.267 | 1.274 | 0.932 | |||
| 0.911 | 0.980 | 0.982 | ||||
| DDC1. We consider data a tangible asset | 2.933 | 1.508 | 0.865 | |||
| DDC2. We base our decisions on data rather than on instinct | 3.027 | 1.709 | 0.981 | |||
| DDC3. We are willing to override our own intuition when data contradict our viewpoints | 3.02 | 1.673 | 0.991 | |||
| DDC4. We continuously assess and improve the business rules in response to insights extracted from data | 3 | 1.604 | 0.967 | |||
| DDC5. We continuously coach our employees to make decisions based on data | 3.057 | 1.677 | 0.961 | |||
| 0.934 | 0.983 | 0.983 | ||||
| DT1. Our firm was integrating digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to drive organizational structure and culture changes in the last six years | 2.497 | 1.338 | 0.965 | |||
| DT2. Our firm was integrating digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to drive leadership styles, employee roles, and skills changes in the last six years | 2.657 | 1.366 | 0.960 | |||
| DT3. Our firm was driving new business processes, sales networks, and channels built on digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things over the last six years | 2.603 | 1.278 | 0.963 | |||
| DT4. Our firm was supporting digital technologies such as artificial intelligence, big data, blockchain, cloud computing, and the Internet of things to rapidly adapt to changes in environmental conditions over the last six years | 2.577 | 1.392 | 0.978 | |||
Note(s): Factor loadings should be above the 0.704 benchmark and average variance extracted should be greater than the 0.50 threshold to establish convergent validity, whereas Cronbach’s alpha and composite reliability should be meet the minimum threshold of 0.70 to establish reliability Hair et al. (2019, 2020), Lim (2025)
Source(s): Authors’ own work
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