ICT for Fostering Global Best Practices in the Business Environment

Emmanuel Chinomso Ogu; Ogbonna Achimba; Omotunde Ayokunle; Izang Aaron; Ajike Emmanuel Ogbonna

doi:doi:10.11648/j.sjbm.20140206.12

| Peer-Reviewed

ICT for Fostering Global Best Practices in the Business Environment

Emmanuel Chinomso Ogu, Ogbonna Achimba, Omotunde Ayokunle, Izang Aaron, Ajike Emmanuel Ogbonna

Published in Science Journal of Business and Management (Volume 2, Issue 6)

Received: 21 October 2014 Accepted: 30 November 2014 Published: 17 December 2014

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

It is common knowledge that the use of appropriate Information and Communication Technologies (ICTs) has come to revolutionize the 21st century business environment, hence becoming a most pertinent metric of global best practice assessment in recent times. This paper traces the origins of ICTs in business practices along a developmental timeline that highlights specifically, the needs for, sources, and status of technologies that have significantly revolutionized business best practices through the years. Evaluations from surveys of industry response and perception are also reviewed as determinants of future direction for best practices in the business environment with a focus on developed and developing economies. The authors are able to further substantiate evidences of the fact that ICT could be a very pertinent benchmark for best practices adoption by various firms in the 21st Century business environment, as well as a key component for economic growth of the nations.

Published in	Science Journal of Business and Management (Volume 2, Issue 6)
DOI	10.11648/j.sjbm.20140206.12
Page(s)	170-176
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

ICT, Best Practice, Business Environment, Benchmark

References

[1]	Tinio, V. L. (2002). ICT in Education. Retrieved August 26, 2011, from UNDP Bureau for Development Policy. (Online): http://www.eprimers.org
[2]	Gaible, E. (2009). Survey of ICT and Education in the Carribbean Volume1: Regional Trends and Analysis. Washington D.C., USA.: The World Bank.
[3]	National Institute of Open Schooling (NIOS). (2008, November 29). Business Studies Course Material - Business Environment (Module 3). Retrieved July 3, 2014, from The National Institute of Open Schooling (NIOS): download.nos.org/srsec319new/319EL3.pdf
[4]	Sievers, R. L. (2008). The Business Environment - Six Forces of Influence. Sievers & Co.
[5]	Camp, R. C. (1989). Benchmarking: the search for industry best practices that lead to superior performance. Milwaukee, Wisconsin, USA: Quality Press/ASQC.
[6]	Marie, J. L., Bronet, V., & Pillet, M. (2005). A typology of "best practices" for a benchmarking process. Benchmarking: An International Journal, 12(1), 45-60.
[7]	Murray, M. A., Zimmerman, R. A., & Flaherty, D. J. (1997). Can benchmarking give you a competitive edge? Management Accounting - New York, 79, 46-52.
[8]	Murray, J. (2011, December 8). Cloud network architecture and ICT - Modern Network Architecture. Retrieved from TechTarget Expert Community: http://itknowledgeexchange.techtarget.com/modern-network-architecture/cloud-network-architecture-and-ict/
[9]	Gove, P. B. (1976). Abacist. (M. C. 0-87779-101-5., Ed.) Springfield, Massachusetts, USA: Websters Third New International Dictionary (17th ed.).
[10]	Marguin, J. (1994). Histoire des instruments et machines à calculer, trois siècles de mécanique pensante 1642-1942 (in French). Hermann, USA.
[11]	Ceruzzi, P. (2012). Computing: A Concise History. Smithsonian Institution, USA: MIT Press.
[12]	Zuse, K. (1943). Inception of a universal theory of computation with special consideration of the propositional calculus and its application to relay circuits (Written in German). Ansätze einer Theorie des allgemeinen Rechnens unter besonderer Berücksichtigung des Aussagenkalküls und dessen Anwendung auf Relaisschaltungen. Germany: Unpublished Manuscript, Zuse Papers 045/018.
[13]	Schwartz, E. I. (2002). Digital Darwinism: 7 breakthrough business strategies for surviving in the cutthroat Web economy. Broadway, New York, USA: Random House LLC.
[14]	Bretschneider, S., & Wittmer, D. (1993). Organizational adoption of microcomputer technology: the role of sector. Information Systems Research, 4(1), 88-108.
[15]	Watts, A. G. (2002). The role of information and communication technologies in integrated career information and guidance systems: A policy perspective. International Journal for Educational and Vocational Guidance, 2(3), 139-155.
[16]	Cox, J., & Dale, B. G. (2001). Service quality and e-commerce: an exploratory analysis. Managing Service Quality, 11(2), 121-131.
[17]	Kretschmer, T. (2010). “WORK – Working Connected in Business and Society”. Bonn, Germany.: Deutsche Telekom AG.
[18]	Esselaar, S., Stork, C., Ndiwalana, A., & Deen-Swarray, M. (2006, May). ICT usage and its impact on profitablility of SMEs in 13 African countries. Information and Communication Technologies and Development, 2006. ICTD'06., 40-47.
[19]	Mutula, S. M., & Van, B. P. (2007). ICT skills readiness for the emerging global digital economy among small businesses in developing countries: Case study of Botswana. Library Hi Tech, 25(2), 231-245.
[20]	Ali, A.Y. (2013). Impact of ICT on SMEs: Case Study of Rwanda. Bachelor’s Degree Thesis in International Business Management.

Cite This Article

Plain Text BibTeX RIS

APA Style

Emmanuel Chinomso Ogu, Ogbonna Achimba, Omotunde Ayokunle, Izang Aaron, Ajike Emmanuel Ogbonna. (2014). ICT for Fostering Global Best Practices in the Business Environment. Science Journal of Business and Management, 2(6), 170-176. https://doi.org/10.11648/j.sjbm.20140206.12

Copy | Download

ACS Style

Emmanuel Chinomso Ogu; Ogbonna Achimba; Omotunde Ayokunle; Izang Aaron; Ajike Emmanuel Ogbonna. ICT for Fostering Global Best Practices in the Business Environment. Sci. J. Bus. Manag. 2014, 2(6), 170-176. doi: 10.11648/j.sjbm.20140206.12

Copy | Download

AMA Style

Emmanuel Chinomso Ogu, Ogbonna Achimba, Omotunde Ayokunle, Izang Aaron, Ajike Emmanuel Ogbonna. ICT for Fostering Global Best Practices in the Business Environment. Sci J Bus Manag. 2014;2(6):170-176. doi: 10.11648/j.sjbm.20140206.12

Copy | Download

@article{10.11648/j.sjbm.20140206.12,
  author = {Emmanuel Chinomso Ogu and Ogbonna Achimba and Omotunde Ayokunle and Izang Aaron and Ajike Emmanuel Ogbonna},
  title = {ICT for Fostering Global Best Practices in the Business Environment},
  journal = {Science Journal of Business and Management},
  volume = {2},
  number = {6},
  pages = {170-176},
  doi = {10.11648/j.sjbm.20140206.12},
  url = {https://doi.org/10.11648/j.sjbm.20140206.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20140206.12},
  abstract = {It is common knowledge that the use of appropriate Information and Communication Technologies (ICTs) has come to revolutionize the 21st century business environment, hence becoming a most pertinent metric of global best practice assessment in recent times. This paper traces the origins of ICTs in business practices along a developmental timeline that highlights specifically, the needs for, sources, and status of technologies that have significantly revolutionized business best practices through the years. Evaluations from surveys of industry response and perception are also reviewed as determinants of future direction for best practices in the business environment with a focus on developed and developing economies. The authors are able to further substantiate evidences of the fact that ICT could be a very pertinent benchmark for best practices adoption by various firms in the 21st Century business environment, as well as a key component for economic growth of the nations.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - ICT for Fostering Global Best Practices in the Business Environment
AU  - Emmanuel Chinomso Ogu
AU  - Ogbonna Achimba
AU  - Omotunde Ayokunle
AU  - Izang Aaron
AU  - Ajike Emmanuel Ogbonna
Y1  - 2014/12/17
PY  - 2014
N1  - https://doi.org/10.11648/j.sjbm.20140206.12
DO  - 10.11648/j.sjbm.20140206.12
T2  - Science Journal of Business and Management
JF  - Science Journal of Business and Management
JO  - Science Journal of Business and Management
SP  - 170
EP  - 176
PB  - Science Publishing Group
SN  - 2331-0634
UR  - https://doi.org/10.11648/j.sjbm.20140206.12
AB  - It is common knowledge that the use of appropriate Information and Communication Technologies (ICTs) has come to revolutionize the 21st century business environment, hence becoming a most pertinent metric of global best practice assessment in recent times. This paper traces the origins of ICTs in business practices along a developmental timeline that highlights specifically, the needs for, sources, and status of technologies that have significantly revolutionized business best practices through the years. Evaluations from surveys of industry response and perception are also reviewed as determinants of future direction for best practices in the business environment with a focus on developed and developing economies. The authors are able to further substantiate evidences of the fact that ICT could be a very pertinent benchmark for best practices adoption by various firms in the 21st Century business environment, as well as a key component for economic growth of the nations.
VL  - 2
IS  - 6
ER  -

Copy | Download

Author Information

Emmanuel Chinomso Ogu

Department of Computer Science and Information Systems, School of Computing and Engineering Sciences, Babcock University, Ilishan-Remo, Ogun State, Nigeria
Ogbonna Achimba

Department of Computer Science and Information Systems, School of Computing and Engineering Sciences, Babcock University, Ilishan-Remo, Ogun State, Nigeria
Omotunde Ayokunle

Department of Computer Science and Information Systems, School of Computing and Engineering Sciences, Babcock University, Ilishan-Remo, Ogun State, Nigeria
Izang Aaron

Department of Computer Science and Information Systems, School of Computing and Engineering Sciences, Babcock University, Ilishan-Remo, Ogun State, Nigeria
Ajike Emmanuel Ogbonna

Department of Business Administration and Marketing, Babcock Business School, Babcock University, Ilishan-Remo, Ogun State, Nigeria

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Emmanuel Chinomso Ogu, Ogbonna Achimba, Omotunde Ayokunle, Izang Aaron, Ajike Emmanuel Ogbonna. (2014). ICT for Fostering Global Best Practices in the Business Environment. Science Journal of Business and Management, 2(6), 170-176. https://doi.org/10.11648/j.sjbm.20140206.12

Copy | Download

ACS Style

Emmanuel Chinomso Ogu; Ogbonna Achimba; Omotunde Ayokunle; Izang Aaron; Ajike Emmanuel Ogbonna. ICT for Fostering Global Best Practices in the Business Environment. Sci. J. Bus. Manag. 2014, 2(6), 170-176. doi: 10.11648/j.sjbm.20140206.12

Copy | Download

AMA Style

Emmanuel Chinomso Ogu, Ogbonna Achimba, Omotunde Ayokunle, Izang Aaron, Ajike Emmanuel Ogbonna. ICT for Fostering Global Best Practices in the Business Environment. Sci J Bus Manag. 2014;2(6):170-176. doi: 10.11648/j.sjbm.20140206.12

Copy | Download

@article{10.11648/j.sjbm.20140206.12,
  author = {Emmanuel Chinomso Ogu and Ogbonna Achimba and Omotunde Ayokunle and Izang Aaron and Ajike Emmanuel Ogbonna},
  title = {ICT for Fostering Global Best Practices in the Business Environment},
  journal = {Science Journal of Business and Management},
  volume = {2},
  number = {6},
  pages = {170-176},
  doi = {10.11648/j.sjbm.20140206.12},
  url = {https://doi.org/10.11648/j.sjbm.20140206.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20140206.12},
  abstract = {It is common knowledge that the use of appropriate Information and Communication Technologies (ICTs) has come to revolutionize the 21st century business environment, hence becoming a most pertinent metric of global best practice assessment in recent times. This paper traces the origins of ICTs in business practices along a developmental timeline that highlights specifically, the needs for, sources, and status of technologies that have significantly revolutionized business best practices through the years. Evaluations from surveys of industry response and perception are also reviewed as determinants of future direction for best practices in the business environment with a focus on developed and developing economies. The authors are able to further substantiate evidences of the fact that ICT could be a very pertinent benchmark for best practices adoption by various firms in the 21st Century business environment, as well as a key component for economic growth of the nations.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - ICT for Fostering Global Best Practices in the Business Environment
AU  - Emmanuel Chinomso Ogu
AU  - Ogbonna Achimba
AU  - Omotunde Ayokunle
AU  - Izang Aaron
AU  - Ajike Emmanuel Ogbonna
Y1  - 2014/12/17
PY  - 2014
N1  - https://doi.org/10.11648/j.sjbm.20140206.12
DO  - 10.11648/j.sjbm.20140206.12
T2  - Science Journal of Business and Management
JF  - Science Journal of Business and Management
JO  - Science Journal of Business and Management
SP  - 170
EP  - 176
PB  - Science Publishing Group
SN  - 2331-0634
UR  - https://doi.org/10.11648/j.sjbm.20140206.12
AB  - It is common knowledge that the use of appropriate Information and Communication Technologies (ICTs) has come to revolutionize the 21st century business environment, hence becoming a most pertinent metric of global best practice assessment in recent times. This paper traces the origins of ICTs in business practices along a developmental timeline that highlights specifically, the needs for, sources, and status of technologies that have significantly revolutionized business best practices through the years. Evaluations from surveys of industry response and perception are also reviewed as determinants of future direction for best practices in the business environment with a focus on developed and developing economies. The authors are able to further substantiate evidences of the fact that ICT could be a very pertinent benchmark for best practices adoption by various firms in the 21st Century business environment, as well as a key component for economic growth of the nations.
VL  - 2
IS  - 6
ER  -

Copy | Download