Multidimensional and Strategic Outlook in Digital Business Transformation : Human Resource and Management Recommendations for Performance Improvement

Especially after globalization, it can be seen that there is an increase in competition for almost all industries. In order to survive in such a competitive environment, companies have to take some actions to increase their competitive power and sustainability. Effective digital transformation is a significant way for companies to reach this objective. This book explores digital transformation strategy and digital business strategy together with digital innovation and digital learning, adaptability, and agility to illustrate the importance of information technology in business today. The book argues that effective digital management can be provided by increasing the quality in audit, internal control, corporate governance, transparency and improving effective marketing strategies. It touches on concepts such as digital diversity, digital privacy, digital literacy, the digitization of international logistics. This book also provides department specific (e.g., marketing, finance, HR) theories and applications of digital technology to guide companies in determining their specific strategies. Contents 6 Chapter 1: Algorithmic Control: A Disruption to Motivation of Gig Workers? A Critical Review 8 1.1 Introduction 9 1.2 Gig Economy 10 1.3 Digital Interface and Gig Workers 10 1.4 Motivation Theories in Gig Work 11 1.4.1 Self-Determination Theory (SET) 12 1.4.2 Social Exchange Theory (SET) 13 1.5 Algorithmic Control and Gig Workers 14 1.6 Disruption in Motivation Theories and Algorithmic Control on Gig Workers 16 1.7 Findings and Discussion 17 References 18 Chapter 2: Positive and Negative Effects of Digitalization on Human Resource Management 22 2.1 Introduction 23 2.2 The Functions of Human Resources 23 2.3 The Significance of Human Resources 25 2.4 The Necessities to Consider Modern Human Resource Implementations 26 2.5 The Impact of Digitalization on Human Resources 27 2.6 Conclusion 30 References 31 Chapter 3: Aligning Digitalization and Sustainability: Opportunities and Challenges for Corporate Success and the Achievement of Sustainable Development Goals 34 3.1 Introduction 34 3.2 Digital Transformation and Sustainability 36 3.2.1 Digitalization and Sustainable Corporate Management 36 3.2.2 Digitalization and Sustainable Development Goals (SDGs) 37 3.2.3 How Does Digitalization Contribute to Sustainable Industrialization? 38 3.3 Challenges of Digitalization for the Sustainability Dimensions 39 3.3.1 Environmental/Ecological Dimension 40 3.3.2 Social Dimension 40 3.3.3 Governance Dimension 41 3.4 Conclusion and Discussions 42 References 43 Chapter 4: Digital Diversity and Inclusion: Agenda for Data Privacy and Protection 46 4.1 Introduction 47 4.2 Understanding Diversity 48 4.3 Privacy Laws 51 4.4 Digital Diversity and Internet 55 4.5 The Federal Trade Commission 57 4.6 Conclusion 57 References 58 Chapter 5: The Validity and Reliability of the Measure for Digital Leadership: Turkish Form 60 5.1 Introduction 61 5.2 Literature Review 62 5.2.1 Digital Technology and Digitalization of the Working Environment 62 5.2.2 Digital Leadership 62 5.3 Chief Digital Officer (CDO) 64 5.4 Research on Digital Leadership 65 5.5 Research Method 66 5.5.1 Sample 66 5.5.2 Digital Leadership Scale 67 5.5.3 Scale Validation Process 67 5.5.4 Findings 67 5.6 Conclusion 69 Appendix A: Digital Leadership Scale 71 References 71 Chapter 6: Changing Role of Energy in the Digitalized World: An Examination of Russian Revisionism in World Politics 75 6.1 Introduction 76 6.2 Russia in Modern and Digitalized World System 76 6.3 Russian Revisionist Apparatus: Historical Discourse, Interventionism, and Energy Resources 77 6.4 The Role of Energy in Russian Foreign Policy and Revisionism 79 6.5 Conclusion 83 References 84 Chapter 7: Digital Twin: Is It Hype? 87 7.1 Introduction 87 7.2 Literature Review 89 7.2.1 Digital Twin 89 7.2.2 The Steps of the Digital Twin 91 7.3 The Applications of Digital Twin 91 7.4 Companies and Digital Twin 94 7.5 Conclusion 96 References 97 Chapter 8: Creating Public Opinion in Digitalized Renewable Energy Projects: The Case of the Konya City 100 8.1 Introduction 100 8.2 Solar Energy in Turkey 101 8.3 Public Support or Opposition to Renewable Energy 102 8.4 Research Objective 103 8.5 Method 104 8.6 Conclusion 106 References 107 Chapter 9: The Role of Digital Financial Issues on the Effectiveness of European Energy Policies 110 9.1 Introduction 111 9.2 Recent Energy Policies of the European Union 112 9.3 The Need for Digitalized Financial Products for Effective Energy Policies 115 9.4 Conclusion 116 References 117 Chapter 10: Digital Literacy on Privacy Rights Policies in the American Workplace 120 10.1 Introduction 120 10.2 Privacy Laws 122 10.3 Consumer Protection 126 10.4 Monitoring 129 10.5 Conclusion 130 References 131 Chapter 11: Technology Matters: The Efficacy of Virtual Realistic Job Preview and Its Effect on Job Commitment in Hybrid Staffing Context 132 11.1 Introduction 132 11.2 Background of RJP 134 11.3 Traditional RJP: Practices and Applications 134 11.4 Benefits of RJP 135 11.4.1 RJP and P-O Fit and P-J Fit 136 11.4.2 RJP and Turnover 137 11.4.3 RJP and Organizational Trustworthiness 137 11.5 RJP Development in the Twenty-First Century 138 11.5.1 Development of VR Technology 138 11.5.2 Integrating VR with RJP 138 11.5.3 Advantages of VR-Assisted RJP 139 11.6 Concerns About VR-Assisted RJP 140 11.6.1 Information Richness 140 11.6.2 Job Candidates’ Professional Profile 142 11.6.3 Labor Market 142 11.6.4 Cost of VR-Assisted RJP 142 11.7 Future Directions of VR-Assisted RJP 143 11.8 Conclusion 143 References 143 Chapter 12: Can Digitalized Financial Products Increase Thorium-Based Nuclear Energy Investments 146 12.1 Introduction 147 12.2 Importance of Green Nuclear Energy Investments 148 12.3 The Importance of Digitalized Financial Products to Increase Green Nuclear Energy Investment 151 12.4 Conclusion 152 References 153 Chapter 13: The Digitalization of International Logistics Tools 156 13.1 Introduction 156 13.2 Global Supply Chains 157 13.2.1 Advantages of the Digital Global Supply Chains 159 13.2.2 The Trade-Off in Global Versus the Local Supply Chain 159 13.2.3 Challenges of the Digital Global Supply Chain 160 13.3 Outsourcing and Offshoring 160 13.4 Containerization 162 13.5 Digital Supply Chain Event Management 164 13.6 Cold Chain 166 13.7 Conclusion 167 References 167 Chapter 14: Exploring the Impact of Digitalized Learning and Teaching Systems on the Big Five Personality Traits 169 14.1 Introduction 170 14.2 Five-Factor Personality Model 170 14.3 Flipped Learning 172 14.4 Research Method 173 14.4.1 Statistical Techniques 173 14.4.2 Demography 173 14.4.3 Confirmatory Factor Analysis of Scales 174 14.4.4 Reliability, Convergent Reliability, Convergent Validity, Discriminant Validity, and Mean Variance Extracted Values 174 14.4.5 Structural Equation Modeling and Path Analysis 176 14.5 Discussion and Conclusion 177 References 178 Chapter 15: The Role of Data Mining in Digital Transformation 181 15.1 Introduction 181 15.2 Digital Transformation 182 15.3 Digital Transformation and Data Mining 183 15.4 Data Mining 183 15.5 Application Processes in Data Mining 185 15.6 Techniques Used in Data Mining 190 15.6.1 Classification 191 15.6.2 Clustering 192 15.7 Association Rules and Relationship Analysis 192 15.8 Conclusion 192 References 193 Chapter 16: The Personified Model for Supply Chain Management 195 16.1 Introduction 196 16.2 Brief Literature Review 196 16.3 Research Method 201 16.3.1 Sample and Data Collection 201 16.3.2 Analyses 201 16.3.3 The Personified Model for Supply Chain Management 202 16.4 Conclusion 205 References 205 Chapter 17: Business Competencies for a Strategic Model Suitable for Digital Transformation 209 17.1 Introduction 210 17.2 Entrepreneurial Spirit in the Digital Age 211 17.3 Digital Technology 212 17.4 Digital Culture 214 17.5 Digital Leader 214 17.6 Business Strategy in Digital Transformation 216 17.7 Conclusion 217 References 218 Chapter 18: Which E-Leadership Skills Are Needed to Deploy Digital Strategies? A Study on Multinational Companies in Northern Malaysia 221 18.1 Introduction 222 18.2 Theoretical Background and Literature Review 224 18.2.1 Digital Strategy 224 18.2.2 E-Leadership Skills 225 18.3 Methodology 227 18.3.1 Sample and Procedures 227 18.3.2 Measurement Instrument 228 18.4 Data Analysis 228 18.5 Structural Model 228 18.6 Findings and Discussion 230 References 232