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ICT for Fostering Global Best Practices in the Business Environment

Received: 21 October 2014     Accepted: 30 November 2014     Published: 17 December 2014
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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
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[4] Sievers, R. L. (2008). The Business Environment - Six Forces of Influence. Sievers & Co.
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[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 Germany: Unpublished Manuscript, Zuse Papers 045/018.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.
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[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.
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Cite This Article
  • 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

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    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

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    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

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  • @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}
    }
    

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

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

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

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

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

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