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Book part
Publication date: 21 November 2024

Vartika Bisht, Priya, Sanjay Taneja and Amar Johri

Purpose: Health insurance and big data analytics have become increasingly intertwined in recent years, offering both opportunities and challenges for the industry. Thus, the…

Abstract

Purpose: Health insurance and big data analytics have become increasingly intertwined in recent years, offering both opportunities and challenges for the industry. Thus, the primary aim is to utilize bibliometric analysis for comprehensive literature reviews in health insurance and big data analytics.

Design/methodology/approach: Scopus, chosen for its broad coverage, is utilized to extract 493 manuscripts meeting the inclusion criteria set (year and language) for a 25-year period. The tools employed in the study include VOSViewer and Biblioshiny package (R-programming).

Findings: An emerging trend has been observed in the field of health insurance and big data analytics for 25 years. The US has been observed as the topmost leading country to contribute to the subject under study. The Ministry of Science and Technology of Taiwan is at the top first rank of top leading institutions contributing 20 documents to the field of health insurance and big data analytics. Moreover, thematic mapping and word cloud is done to find the most relevant keywords in the study. Furthermore, co-occurrence analysis revealed the relationship of keywords for health insurance and big data mining.

Implications: The implications of the research extend beyond academic insights and have practical implications for stakeholders involved in healthcare policy, practice, and research.

Originality/Value/Implications: The novelty in the manuscript has been brought in by focusing on one of the many types of insurance, i.e., health. Moreover, big data analytics in relation to health insurance for such a range of time period serves as the original presentation of the work with regards to the matter under study.

Details

Data Alchemy in the Insurance Industry
Type: Book
ISBN: 978-1-83608-583-6

Keywords

Article
Publication date: 13 May 2024

Anand S. Patel and Kaushik M. Patel

India liberalized its economy in 1991, which resulted in intense global competition, quality-conscious and demanding customers. Additionally, significant technological…

217

Abstract

Purpose

India liberalized its economy in 1991, which resulted in intense global competition, quality-conscious and demanding customers. Additionally, significant technological advancements lead to enhancements in products and processes. These forced Indian organizations to adopt innovative business strategies in the past 30 years. Meanwhile, the Lean Six Sigma methodology has significantly grown with vast applicability during the past 30 years. Thus, the purpose of this study is to develop the learning on Lean Six Sigma methodology in the Indian context through investigation of literature.

Design/methodology/approach

A three-stage systematic literature review approach was adopted to investigate the literature during the present study. In total, 187 articles published in 62 journals/conference proceedings from 2005 to 2022 (18 years) were shortlisted. The first part of the article summarizes the significant milestones towards the quality journey in the Indian context, along with the evolution of the Lean Six Sigma methodology. The second part examines the shortlisted papers on Lean Six Sigma frameworks, their applicability in industrial sectors, performance metrics, outcomes realized, publication trends, authorship patterns and leading researchers from the Indian perspective.

Findings

Lean Six Sigma has emerged as a highly acclaimed and structured business improvement strategy worldwide. The Indian economy has seen remarkable growth in the past decade and is one of the fastest-growing economies in the 21st century. Lean Six Sigma implementation in India has significantly increased from 2014 onward. The study revealed that researchers have proposed several different frameworks for Lean Six Sigma implementation, the majority of which are conceptual. Furthermore, the balanced applicability of Lean Six Sigma in manufacturing and service sectors was observed with the highest implementation in the health-care sector. Additionally, the widely adopted tools, techniques along with performance metrics exploring case studies were reported along with a summary of eminent and leading researchers in the Indian context.

Research limitations/implications

This study is confined to reviewed papers as per the research criteria with a significant focus on the Indian context and might have missed some papers due to the adopted papers selection strategy.

Originality/value

The present study is one of the initial attempts to investigate the literature published on Lean Six Sigma in the Indian context, including perspective on the Indian quality movement. Therefore, the present study will provide an understanding of Lean Six Sigma methodology in the Indian context to graduating students in engineering and management and entry-level executives. The analysis and findings on Lean Six Sigma frameworks, research approach, publications details, etc., will be helpful to potential research scholars and academia. Additionally, analysis of case studies on Lean Six Sigma implementation by Indian industries will assist the managers and professionals in decision making.

Details

International Journal of Lean Six Sigma, vol. 15 no. 7
Type: Research Article
ISSN: 2040-4166

Keywords

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