ICT for Fostering Global Best Practices in the Business Environment
Science Journal of Business and Management
Volume 2, Issue 6, December 2014, Pages: 170-176
Received: Oct. 21, 2014; Accepted: Nov. 30, 2014; Published: Dec. 17, 2014
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Authors
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
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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.
Keywords
ICT, Best Practice, Business Environment, Benchmark
To cite this article
Emmanuel Chinomso Ogu , Ogbonna Achimba , Omotunde Ayokunle , Izang Aaron , Ajike Emmanuel Ogbonna , ICT for Fostering Global Best Practices in the Business Environment, Science Journal of Business and Management. Vol. 2, No. 6, 2014, pp. 170-176. doi: 10.11648/j.sjbm.20140206.12
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