Adaptive Product Growth Models Powered by Predictive Analytics and Organization Risk Signals

Authors

  • Precious Mkpouto Akpan

    Department of Business, San Francisco Bay University, USA
    Author
  • Adewunmi O. Wale- Akinrinde

    Cranfield School of Management, Bedford, UK
    Author
  • Toluwalase Damilola Osanyingbemi

    School of Postgraduate Studies, National Open University of Nigeria, Abuja, Nigeria
    Author
  • Chinelo E. Okonkwo

    FedEx Corporation, Texas, USA
    Author
  • Oluwapelumi Adebukola Fadairo

    Faculty of Humanities, Redeemer’s University, Ede, Osun State, Nigeria
    Author

Keywords:

Machine learning, XGBoost, Organizational risk, Financial, Operational.

Abstract

Traditional product growth models rely on retrospective data and fixed assumptions, which are increasingly inadequate under today’s volatile business conditions. The study builds an adaptive growth modeling framework combining real time predictive analytics and multidimensional organizational risk signals to improve the quality of the forecasts and strategic responsiveness. The proposed approach employs a hybrid framework integrating machine learning algorithms (Random Forest, XGBoost, and Long Short-Term Memory network) and dynamic risk evaluation procedures based on finance, operation, and market indicators. We have conducted 847 product launches in the sphere of technology, consumer goods, or financial services in the scope of 5 years of our empirical analysis.  Findings indicate that the adaptive model achieves a 34% improvement in mean absolute percentage error compared with classical Bass diffusion models 22 percent of lessening than individual machine learning strategies. Moreover, the model allows the integration of organizational risk signals, which allows self-adjustment of forecasts with 87 percent accuracy in the season of market turbulence. The feature importance analysis shows that operational efficiency measures and competitive intensity measures have the most significant role in prediction refinement. The framework provides practitioners with a powerful decision-supporting framework in lifecycle management of products and also contributes to theoretical knowledge of how risk-aware adaptive systems can radically transform the growth forecasting approaches in applied computational science

Author Biographies

  • Adewunmi O. Wale- Akinrinde, Cranfield School of Management, Bedford, UK

     



  • Toluwalase Damilola Osanyingbemi, School of Postgraduate Studies, National Open University of Nigeria, Abuja, Nigeria

     

     

  • Chinelo E. Okonkwo, FedEx Corporation, Texas, USA




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Published

2024-12-31

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