Thinking About eBusiness?
Evolving How You Think About eBusiness
Notes:
In addition to the new technologies that make eBusiness possible, eBusiness also demands a new perspective on doing business. It is important to understand this new view of business before beginning to craft your ebusiness strategy.
Traditional business typically has an internal focus while one of the characteristics of online business is forming partnerships external to your company. This may mean that a company joins forces with other companies, customers, or even competitors to e
Particularly in the manufacturing sector, where barriers to entry have traditionally consisted of physical assets -- equipment, factories, inventories, warehouses -- eBusiness represents a significant shift in focus away from the physical to the virtual.
The frequency of eBusiness strategic planning demands a company culture that is adaptable to continuous change rather than reliant on predictability. This is necessary because technology and the threats and opportunities presented by technology advance s
In the online marketspace, a companyÌs stability and success are not necessarily measured by how big they are, but by how much value they are providing.
eBusiness requires a company to redefine what it does best and then center its operations around those things, outsourcing the activities to which it cannot add value. This may mean that a company extends its market reach beyond its vertical supply chain