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

e-Business Strategies for Virtual Organizations
5.16 Summary
References
108
The implications of virtual markets, virtual value chains and
IOS have been discussed in the context of drivers and strategies
for i-business but also have to be related to the execution of
i-business strategies. This implies the development of:
� information-based business architecture strategy;
� integrated organizational systems;
� intelligent knowledge-based decision systems.
This will require an evolutionary approach to overall
i-strategy typically encompassing a number of stages of
website development. These should not be viewed as a stage
growth model but rather embody the particular strategy of
virtual culture as described in Chapter 3. Possible examples of
these stages of development are shown in Table 5.6. It is
essential to understand and incorporate the processes and
business requirements of customers and suppliers and to
build a foundation of trust. It is also essential to apply
‘outside-the-box’ thinking to capture information from sources
of innovation and create the opportunity to share
information in non-competitive situations.
The i-business that excels will learn from others.
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