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[8] 2002 e-business-strategies-for-virtual-organizations

[8] 2002 e-business-strategies-for-virtual-organizations

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Moving from e-<strong>business</strong> to i-<strong>business</strong> <strong>strategies</strong> in <strong>virtual</strong> markets<br />

this system may be actually reducing the costs implied by legal<br />

contractual arrangements in place between producer and<br />

consumer. In many cases, electronic sites will continue to<br />

complement existing physical infrastructures but certainly<br />

restructuring of the processes is likely and the networked<br />

organization needs to be fully aware of the impact of such<br />

changing relationships.<br />

5.14 Strategies <strong>for</strong> i-<strong>business</strong><br />

i-<strong>business</strong> involves collaborations among multiple <strong>organizations</strong><br />

with several complex economic, strategic, social and<br />

conflict management issues as well as major organizational<br />

and technological factors. Planning and managing such systems<br />

requires an integrated multi-dimensional approach across<br />

the IOS.<br />

As a first step the following questions need answering:<br />

� What do consumers ideally want to buy?<br />

� What <strong>business</strong> should I be in?<br />

� What are my current core competencies?<br />

� What are the opportunities <strong>for</strong> new products or service<br />

lines?<br />

� What are the opportunities <strong>for</strong> new <strong>business</strong> channels?<br />

� What is the most effective value proposition in the short,<br />

medium and long run?<br />

� What roles should I play – make, sell or service – and who are<br />

my customers?<br />

� Who are my competitors, and how do I need to be<br />

positioned?<br />

� What is my operating model?<br />

� With whom should I partner/network?<br />

Your answers, if they are guided by a deep understanding of<br />

the economic implications and opportunity of the e-economy,<br />

will produce a very different picture of your company from<br />

the one you see today. Bring that picture to life with a<br />

compelling, enterprise-wide vision <strong>for</strong> your future in the<br />

e-economy; you’ll need this vision to bring everyone on board<br />

who will help you get there. For many companies, achieving<br />

that vision will require building greater expertise in the<br />

strategic and operational application of technology – which,<br />

<strong>for</strong> better or <strong>for</strong> worse, is driving the rapid evolution of<br />

e-commerce. But you’ll certainly need to temper that technology<br />

focus by applying cross-disciplinary, cross-functional and<br />

105

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