The Relationship Between Information and Communications Technology Focused Strategies and their Corporate Success in Austrian Public Companies (original) (raw)

Information and Communication Technology (ICT) and Insurance Companies Profitability in Nigeria

Journal of Accounting – Business & Management, 20(2), 1-13, 2013

The study examines the impact of Information and Communication Technology (ICT) on insurance companies' profitability. It identifies the imperatives for adoption of ICT to promoting efficient and efficient service delivery in the insurance industry as a strategy for attainment of the profit maximization objectives of insurance companies in Nigeria. It is an empirical design study, using responses of structured questionnaire of 152 respondents from 18 insurance companies. The study concludes that there is a positive relationship between ICT adoption and insurance companies' profitability in Nigeria. This implies that adoption of ICT by insurance companies can enhance their efficiency, their quality of service delivery, and their profitability. The implication of the findings for practice is that insurance companies should endeavour to update their ITC facilities regularly, in view of its impacts on quality of service delivery and profitability. The paper highlights the need for regular training of insurance personnel to keep them abreast of the current innovations in the use of ICT so as to ensure that the industry contribute positively to the economy.

A Firm-level investigation of the complementarity between information and communication technologies and organizational resources

Procedia - Social and Behavioral Sciences, 2012

This article investigates the relationship among Information and Communication Technologies (ICT), complementary factors and productivity in a data set of 1269 Spanish firms. Using econometric modelling the analysis examines and measures the extent to which ICT and complementary human and strategic resources have contributed to firm productivity performance. The main findings from this paper suggest a complementary effect between ICT and those organizational factors. Thus the analysis demonstrates the importance of the strategic adjustment between technology and organizational factors, in particular, that ICT, human and quality investments may have wide-reaching consequences for the performance of the firm.

Development of a Green ICT Model for Sustainable Enterprise Strategy

Enterprise energy consumption is expected to increase enterprise costs and CO2 emissions. Presently ICT is seen as an enabler to resolve high energy, cost issues and bring greater efficiency. This is referred as Green ICT which involves energy conservation and cost reduction of ICT usage. Various countries have already applied Green ICT initiatives to reduce CO2 emissions. Greening ICT strategies in enterprise can decrease these negative impacts. Thus Green ICT aimed at influencing not only technology but also competitive strategy and even the legitimacy of some business strategic options in enterprise. Current findings suggest that although ICT Professionals are already concerns about climate change and power consumption of ICT, there is still a lack of a model that can reduce the time taken to implement Green strategies in enhancing business value in enterprise. Therefore this paper utilized secondary research by reviewing literature on Green ICT and developed a Green ICT model for sustainable enterprise strategy, aimed at reducing time taken to initiate and diffuse Green strategies for enhancing business value in enterprise. The research implication for future studies involves the evaluation of the Green ICT Model. The evaluation will be done using Structural Equation Modelling (SEM) to test the hypothesis derived from the literatures and to check the correlation among the independent, control and dependent variables in this research paper.

Are Companies Internationally Losing Focus on Their Customers as They Embrace The Digital Technology?

The internet revolution in the 1990s is not only a great step forward for the information technology (IT) industry but also a great development for information flow for all areas, particularly, for business and personal purposes (Hill and Dhanda, 2004). Moreover, this technological advancement provides a new tool for “effective relationship marketing” (Durkin, 2013). However, in recent years, one of the common discussion in the marketing world is the subject of social media marketing. It is a clear phenomenon that the digital technology offers a range of new opportunities regarding marketing activities (Eid, 2005), nevertheless, it seems as multinational companies losing focus on their customers since they increasingly emphasis on digital technology.

" LITERATURE REVIEW OF ADOPTION OF E PROCUREMENT PRACTICES BY CON- STRUCTION INDUSTRIES"

Advent of information technology (IT) has provided more competitiveness in business operation. Construction industry is also gearing up towards the more usage of information technology driven platform. Cost is the main factor for construction industry. Construction Industry Development Council of India (CIDC) has estimated that approx. 40-50% cost belongs to material in total building project. Therefore, it is imperative to optimize the material purchasing in construction activities. E procurement has emerged as panacea to address most of the problems-cost saving, time saving and best quality, minimization of malpractices associates with purchasing. We have reviewed 103 research papers from various countries and collated the adoption practices of e procurement. Interestingly TOE and TAM model has used by many of researchers.

Integrating The Business Model Puzzle: A Systematic Literature Review

International Journal of Business Research and Management, 2018

The business model is a fashionable theme, but there is much confusion on its meaning and features. This paper provides a systematic literature review of the business model in Strategy and General Management fields, analysing 282 articles and 11 correlated books. We propose a conceptual framework in order to organise the review according to two areas of interest: the ontological aspects (i.e., origins, definitions, components and taxonomies of the business model; the relationship between the business model and strategy); and the evolutionary aspects (i.e., the business model innovation; the open business model; and the sustainable business model). Results suggest that, despite high academic interest, an agreed conceptualisation of the business model is still lacking. Hence, this study aims to uncover, classify and integrate the main units of analysis on business model research, while also identifying future directions and perspectives.

The effects of the relationship between business strategies and information technology strategies: the telecommunication sector of Zimbabwe

Abstract: The relationship between business strategies and IT/IS strategies is one of the most important aspects of the management in the telecommunication organisations. The dramatic increase in the role of IS/IT in business and industry lately recognized as IS/IT became an inseparable part of business and industrial organizations in all sectors including government. IT delivers a value to the business and it is an important aspect to the top management and IT managers in many business firms and industrial organisations today.The purpose of this research explored the current relationship between business strategy and Information Systems strategy in the telecommunications sector in Zimbabwe, identified strategic alignment assessment methods that can be drawn from other countries for possible adoption by the industry in Zimbabwe, challenges posed by IS strategies and the solutions that management can implement and balancing the business strategy and IS strategy that gave competitive advantage insupporting their business objectives the telecommunications industry.The research was undertaken by examining the four telecommunications companies in Zimbabwe, Telecel, NetOne, Econet and TelOne. A survey, via a pretested questionnaire based on a Likert scale and in-depth interviews was used to gather data. The results indicated that the companies have business strategies and IS/IT strategies and IT strategies showedless positive relationshipin supporting the business strategies. The research proposed that the telecommunications companies must employ strategies that support their business objectives. This enables them to assess and improve their current level of strategic relationship and maintain an optimised level. Keywords: Business strategy, IT Strategy, Relationship, IS strategy, IT management, Business management, Telecommunication.

The Cooperation Complexity Rainbow: Challenges of Stakeholder Involvement in Managing Multinational Firms

Management of multinational enterprises is a complex and challenging task. This complexity also exists in managing value chains and interactionsamong interest groups. The objective of this paper is to highlight and present a theoretical framework on challenges that multinational corporations (MNC) face when integrating their stakeholders in management processes. In a multinational corporation, value-based management and long term value creationrequire the consideration of all stakeholders in the strategic decision-making process. Involving stakeholders is not only an activity aligned with social responsibility but also necessary for ensuring effective corporate governance. Establishing an appropriate strategy for stakeholder engagement raises several challenges for multinational firms. An extensive literature review resulted in the development of aconceptual framework which can be used for addressing these challenges. The essential issues of this framework are presented in four categories: relationships, environmental context, management (including structure and strategy issues) and stakeholder engagement. Future research might involve a large scale survey to enhance our understanding of the issue and empirically test our theoretical framework.