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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations
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Demystifying the Power of Digital to Become a Cleverer Enterprise: The Concept of “Digital Quotient”
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Author(s):
Murat Yaslioglu (Istanbul University, Turkey)and Duygu Toplu Yaslioglu (Istanbul University, Turkey)
Copyright:
2018
Pages:
26
Source title:
Social Media for Knowledge Management Applications in Modern Organizations
Source Author(s)/Editor(s):
Francesca Di Virgilio (University of Molise, Italy)
DOI:
10.4018/978-1-5225-2897-5.ch012
Keywords:
Business and Organizational Research
/
Business Science Reference
/
Knowledge Management
/
Library & Information Science
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Demystifying the Power of Digital to Become a Cleverer Enterprise: The Concept of “Digital Quotient”
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Abstract
New challenge in all industries is to catch up with the digital revolution. There are some pioneers and some followers in all industries but it is inevitable that digits catch every company by its claws. Our research aims to put forward the dynamics of the digital era or in other words new economy. Companies with a good level of digital maturity and thus high digital quotient become the leaders of their industries. Of course it is in some sectors digitization has become more obvious compared to others, but it is a rising trend in every industry, one can appoint. Banking sector is casts a great example how digital quotient and its factors come into play. Our research tries to define the new concept of digital quotient and illustrate a good practice by evaluating the strategies of a leading bank in Turkey.
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