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Cott Blog

30 January 2023

What is Innovation?

Category Work Life, Technology

What is Innovation?

Innovation can be defined as a creative thought or solution. This concept refers to changes and improvements that aim to make a product or service better. For example, a new method can be developed to increase the performance of a product or service, and this development is called innovation.

The Importance of Innovation

Innovation is a very important concept for an organization. Through innovation, organizations can generate creative ideas and turn them into reality. In this way, they can gain a competitive advantage and expand their market shares. In addition, through innovation, organizations can continually improve themselves and become open to new ideas. This helps them to be more efficient and effective as an organization.

Companies have various options to increase their competitive strength. They can strive for price leadership or follow a differentiation strategy. In both cases, innovation is crucial.

21 October 2022

What is Incapacity to Work? Under Which Conditions is Temporary Incapacity Allowance (Report Money) Granted?

Category Work Life

What is Incapacity to Work? Under Which Conditions is Temporary Incapacity Allowance (Report Money) Granted?

What is Incapacity to Work?

Incapacity to work; It is the term given for the temporary incapacity to work cases during the rest periods specified in the health reports given by the health institutions authorized by the Social Security Institution (In Turkish), in cases of illness, work accident and maternity of an employee.

What is Incapacity Allowance?

Incapacity to work allowance, it is the allowance paid by the SSI in order to prevent loss of income in cases of work accident, occupational disease, illness and maternity.

16 October 2023

What is Timestamp?

Category KVKK - GDPR, Technology

What is Timestamp?

A timestamp is an electronic record that keeps track of all transactions and approvals occurring in a digital environment. It is recorded through a computer, ensuring its integrity and proving its existence at a specific date.

According to Article 3, paragraph (h) of Law No. 5070 on Electronic Signatures (In Turkish), a timestamp is defined as "an electronically verified record with an electronic signature, provided by an electronic certificate service provider. Its purpose is to determine the time when electronic data is produced, modified, sent, received, and/or recorded."

25 January 2023

What is ChatGPT? How is it Used in Human Resources Processes?

Category Work Life, Technology

What is ChatGPT? How is it Used in Human Resources Processes?

As technology advances, the methods used for conducting human resource processes are evolving. Organizations are turning to artificial intelligence more and more for tasks such as recruitment, employee development, performance evaluation, compliance with labor laws, tax regulations, and relevant regulations. The large language model ChatGPT, developed by OpenAI, has the potential to significantly impact human resource processes. Let's briefly talk about the meaning of this widely discussed technology in recent times, which has captured everyone's attention worldwide, and how it can play a role in both personal growth and organizational growth.

10 October 2023

What is Intellectual Capital?

Category Work Life

What is Intellectual Capital?

Intellectual capital refers to all the non-material resources that enable a business to enter the market, excel in competitiveness, and enhance its value. It comprises intangible assets, such as the employees who drive a company's profitability, organizational processes, and other resources. The combination of all knowledge resources that a business can leverage to boost its market value, attract new customers, develop new products, or improve its operations results in intellectual capital. The main constituents of intellectual capital are threefold:

15 June 2022

What is Online Internship? What are the Benefits?

Category Work Life

What is Online Internship? What are the Benefits?

An online internship, also known as a remote internship, is a work experience program that allows students and recent graduates to gain professional or semi-professional experience while working remotely without physically being present at the workplace.

Due to the pandemic, many companies have shifted towards online internships, providing students and recent graduates with the opportunity to work remotely. With the continuous development of digitalization standards, online internships are becoming the new normal.

25 November 2022

What is SWOT Analysis? How is SWOT Analysis Performed?

Category Work Life

What is SWOT Analysis? How is SWOT Analysis Performed?

SWOT analysis will enable you to gain an advanced strategic understanding of your business. It is a technique where you can deal with the positive and negative factors in detail about the work you will do or the project to be started while taking important steps for your organization. SWOT consists of strengths, weaknesses, opportunities and threats. SWOT analysis gives you a better understanding of how all these factors can affect the functioning of your organization.

Briefly, SWOT analysis is an analysis study carried out with the aim of creating a plan and strategy for the future as a result of detailed comparison of strengths, weaknesses, opportunities and threats placed in a four-column table.

Why SWOT Analysis is Important?

SWOT analysis enables you to uncover situations that may have negative consequences for your organization's performance and to better understand risky processes. You need to proceed with the SWOT analysis in a careful and systematic manner. In this way, it will provide new information about where your business is positioned in the industry, and it will also help you develop exactly the right strategy for every possible situation.

18 August 2022

What is OTP (One-time password)?

Category KVKK - GDPR, Technology

What is OTP (One-time password)?

OTP (One-Time Password) is a security measure that protects against password-based attacks, especially password detection and replay attacks. OTP is created by generating a sequence of unique characters or numbers that cannot be reused. This technique is effective in reducing the risk of unauthorized login attempts and data theft. OTP was developed to provide an extra layer of authentication for personal data and critical organizational data in the event of cyberattacks.

14 June 2022

What is Personality Inventory and How is it Applied?

Category Work Life

What is Personality Inventory and How is it Applied?

Personality inventory is an assessment tool that analyzes the personal characteristics of job candidates, measures their competencies, and helps guide Human Resources processes. In this context, we have answered the questions regarding why personality inventory is important and how it is applied.

The Purpose of Personality Inventory

To acquire the right talents for the organization, many companies use various psychometric tests to analyze the most suitable candidates for a position.

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