Financial benefits of digital communication

Article 1

Oldham, G. R., & Da Silva, N. (2015). The impact of digital technology on the generation and implementation of creative ideas in the workplace. Computers in Human Behavior, 42, 5-11.

The authors Oldham and Da Silva have mastered the field of It and its usage in a practical sense. The scope of the paper extends to the use of digital technology and digital communication in the improvement of the organizational situation, particularly the financial condition. It is a peer-reviewed article.

Intended audience

The authors have chosen the employees of the organizations to be the intended audience.

Compare or contrast

Innovation at the workplace with strategic digital communication engaging employees can enable the facility to overcome the competition in the fierce market. In contrast to the work of Karanges et al. (2015), these authors did not suggest that internal public relations could improve the financial condition rather than the contributions of the employees.

Illumination of work

The proposed report has defined how employee engagement can improve the financial condition of the organization with strategic digital media communication. The financial improvement is aligned with innovative ideas of the employees implemented through digital communication. This is how it illuminates the proposed bibliography topic.

Article 2

Villasenor, J., West, D., & Lewis, R. (2015). The 2015 Brookings financial and digital inclusion project report: Measuring progress on financial access and usage. Brookings Institution Press.

The authors Villasenor, West, and Lewis are the members of the Centre of Technology Innovation at Brookings.

The scope of the paper extends to how digital inclusion can help an organization to improve its financial condition by getting aligned with not only the employees but also several stakeholders. They considered that “inclusion-oriented network” can help in facilitating the financial health of the multinational companies. It is a peer-reviewed article.

Intended audience

The authors have chosen the multinational organizations and stakeholders to be their audience.

Compare or contrast

The authors evaluated by engaging digital inclusion, the financial condition of any organization can be improved. In comparison, Oldham and Da Silva (2015) also suggested that the contributions of the employees and their innovative ideas communicated through digital means can enable the effectiveness of financial improvement.

Illumination of work

The proposed report suggests that the involvement of digital inclusion can improve the financial condition of the organization as it has an extensive network. The network can connect the employees and the stakeholders to improve the economic situation through digital communication.

Article 3

Das, S. C., & Panch, N. (2017). Review of Literature Related to Benefits of Digital Transactions. International Journal of Research in Economics and Social Sciences (IJRESS), 7(4).

Das and Panch are associate professors and scholars at the School of Management, KIIT University. The scope of the peer-reviewed article extends to evaluate the improvement of digital technology, which enabled the facility of digital communication that can enhance organizational opportunities. The shortcomings can also be handled through the involvement of digital transactions. It is a peer-reviewed article.

Intended audience

The intended audiences are the organizations in the rural sectors.

Compare or contrast

According to this literature, information and communication technology plays a crucial role in bringing development in the rural sector. In contrast, Villasenor, West, and Lewis (2015) focused on technological improvement rather than employee engagement.

Illumination of work

This article showed that the improvement of digital technology would allow the companies to maintain a continuing relationship with the consumers. It would help the companies to know about customer choice, and that would reflect in the company’s economic benefit. No other article provides such examples on precisely how the rural sectors improve the financial position with digital communication at the workplace.

Article 4

Ozili, P. K. (2018). Impact of digital finance on financial inclusion and stability. Borsa Istanbul Review, 18(4), 329-340.

The author is a researcher at the University of Essex. The scope of the paper extends to the benefits that digital finance and financial inclusion have to financial services users, digital finance providers, governments, and the economy”. It means that financial inclusion, along with digital finance, can help in improving the financial condition of the organization. It is a peer-reviewed article.

Intended audience

The intended audiences of this study are the organizations willing to improve their financial condition.

Compare and contrast

The proposed study deals with the idea that organizations can have digital finance along with financial inclusion for improving its financial condition. In comparison, Villasenor, West, and Lewis (2015) also suggested that financial inclusion can help in improving the financial situation.

Illumination of work

The present study deals with the idea that digital inclusion can enable the facility to overcome a difficult situation in the economy of an organization. The bibliography topic is that digital communication can help in improving the financial condition of the organization, which is completely aligned with the proposed study.

Article 5

Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367-1387.

The scope of the paper extends to innovation through digital technology, which enables the effectiveness of digital communication, leading to improvement in the financial condition. Licensing models can improve the efficiency of digital communication through technology in this wireless world. It is a peer-reviewed article.

Intended audience

The researchers who want to know about the impact of digital communication are the intended audience of this study material.

 Compare and contrast

Compared to Das andPanch (2017), suggested that the development of technology can help an organization to keep digital communication active and improve the financial condition.

Illumination of work

Technological advancement can help to deal with enhancement in the financial condition effectively through improvements in digital communication.

Article 6

Kumar, V., Lahiri, A., & Dogan, O. B. (2018). A strategic framework for a profitable business model in the sharing economy. Industrial Marketing Management, 69, 147-160.

The scope of the paper extends to the fact that sharing economy is the best idea for improving the financial condition of an organization. The author has stated that a useful framework should be adopted to earn a profitable and beneficial business model. It is a peer-reviewed article.

Intended audience

The organizations that want to improve their financial conditions are the intended audiences of the study.

Compare or contrast

The scope of the paper extends to the effectiveness of technological improvement, along with the sharing economy in enhancing the financial performance of any company. In comparison with Villasenor, West &Lewis, (2015), this author also suggested that technological improvement can help in improving the financial condition of an organization.

Illumination of work

The present study deals with the idea that digital communication can help an organization to develop its financial condition. This study specifically deals with the development of technology, which can help improve productivity, thereby enhancing financial parameters. The bibliography also deals with the same topic.

Article 7

Vovchenko, N. G., Andreeva, A. V., Orobinskiy, A. S., &Filippov, Y. M. (2017). Competitive advantages of financial transactions based on the blockchain technology in the digital economy. European Research Studies, 20(3B), 193.

The scope of the paper extends to the support of digital transactions in an organization to keep active its digital communication through the help of blockchain technology. It would help an organization to earn benefits in the digital economy. The author also suggested that financial transactions also can help in gaining competitive advantages in the competitive market. It is a peer-reviewed article.

Intended audience

The intended audiences are the organizations that wish to develop their financial condition.

Compare or contrast

The present study deals with the idea that financial transaction helps an organization to keep active digital communication, and it has a positive impact on the organizational economy. Compared to Ozili (2018), the digital economy would help the organization to earn a benefit that has been stated by the author.

Illumination of work

The proposed study deals with the idea that organizations should adopt blockchain technology to improve digital communication, which would affect the organizational economy. The bibliography topic is also the same.

Article 8

Karanges, Emma, Johnston, Kim, Beatson, Amanda, & Lings, Ian (2015) The influence of internal communication on employee engagement: A pilot study. Public Relations Review, 41(1), pp. 129-131.

The scope of the article extends to employee engagement, and internal communication can enable the effectiveness of the digital interface. The good bonding between the employees would lead the organization towards profit, which ultimately would have a positive impact on the organizational economy.

Intended audience

The intended audience of this study is the researchers and organizations.

Compare and contrast

The study deals with the idea that the employees and their bonding can have a positive impact on the financial condition of the organization. Compared to Oldham and Da Silva, (2015), these authors also suggested that employee engagement and their creative ideas can lead an organization towards earning economic benefit in the tight competitive market.

Illumination of work

The present study deals with the idea that the employees are the backbone of an organization, and they can communicate with each other to make the organization beneficial in terms of serving better. The bibliography also deals with the same idea.

Article 9

Dudley, B., Weinelt, b., Spelman, m., Gomez, p., Heusden, r., Siyam, r., … &Shah, a. (2017). Digital Transformation Initiative: Oil and Gas Industry. In the World Economic Forum.

The author is Group Chief Executive of Oil and Gas Community. The scope of the paper extends to the benefits earned by the oil and gas industry through digital technology. This industry has the opportunity to redefine its boundaries through digitalization”. It means that the implementation of digitization can help improve the financial condition of the organization. It is a peer-reviewed article.

Intended audience

The organizations that intend to improve their organizational economy are the intended audience of this study.

Compare and contrast

These authors suggested that digitalization can help in maintaining the organizational economy. In contrast to any other author, this author has selected the oil and gas industry to show an example of digitalization.

Illumination of work

The present study deals with the idea that digitalization helps in maintaining digital communication, and it affects the organizational economy in a positive sense. The bibliography also deals with the same.

Article 10

Jagani, K., & Patra, S. (2020). Digital Participation through Mobile Internet Banking and Its Impact on Financial Inclusion: A Study of Jan Dhan Yojana. In Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice (pp. 483-494). IGI Global.

The scope of the paper extends to the use of mobile internet banking as a method of digital communication, which helps in improving the financial inclusion of an organization. It is a peer-reviewed article.

Intended audience

The researchers who want to know about the digital economy and communication are the intended audience of this study.

Compare and Contrast

Compared with Ozili (2018), these authors also suggested that digital inclusion can help an organization to earn benefits in the economy.

Illumination of work

The present study deals with the idea that digitalization helps in maintaining digital communication, and it affects the organizational economy in a positive sense. The bibliography also deals with the same. The present study also specifically discusses digital inclusion, enables an organization to improve its strategic decision-making ability, which promotes financial condition. It illuminates the bibliography by specifying the ways through which the mobile banking facilities has improved digital transactions, thereby increasing the customer base and developing the bottom line.

Bibliography

Das, S. C., & Panch, N. (2017). Review of Literature Related to Benefits of Digital Transactions. International Journal of Research in Economics and Social Sciences (IJRESS), 7(4).

Dudley, B., WEINELT, B., SPELMAN, M., GOMEZ, P., HEUSDEN, R., SIYAM, R., … & SHAH, A. (2017). Digital Transformation Initiative: Oil and Gas Industry. In World Economic Forum.

Jagani, K., & Patra, S. (2020). Digital Participation through Mobile Internet Banking and Its Impact on Financial Inclusion: A Study of Jan Dhan Yojana. In Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice (pp. 483-494). IGI Global.

Karanges, Emma, Johnston, Kim, Beatson, Amanda, & Lings, Ian (2015) The influence of internal communication on employee engagement: A pilot study. Public Relations Review, 41(1), pp. 129-131.

Kumar, V., Lahiri, A., & Dogan, O. B. (2018). A strategic framework for a profitable business model in the sharing economy. Industrial Marketing Management, 69, 147-160.

Oldham, G. R., & Da Silva, N. (2015). The impact of digital technology on the generation and implementation of creative ideas in the workplace. Computers in Human Behavior, 42, 5-11.

Ozili, P. K. (2018). Impact of digital finance on financial inclusion and stability. Borsa Istanbul Review, 18(4), 329-340.

Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367-1387.

Villasenor, J., West, D., & Lewis, R. (2015). The 2015 Brookings financial and digital inclusion project report: Measuring progress on financial access and usage. Brookings Institution Press.

Vovchenko, N. G., Andreeva, A. V., Orobinskiy, A. S., &Filippov, Y. M. (2017). Competitive advantages of financial transactions on the basis of the blockchain technology in digital economy. European Research Studies, 20(3B), 193.