Thursday, November 7, 2019
e-strategy essays
e-strategy essays Successful firms will integrate the e-Business into their Company strategy. Cisco, Dell, Amazon, Charles Schwab-the names that consistently appear on any list of leading e-businesses-are not successful because they use cool technology. Rather, they are successful because they use technology to achieve business objectives and they have integrated e-business with their businesses-so much so that it probably makes more sense to call them "e-businesses" rather than "businesses." Used properly e-Business will be one of the forte for company to increase income and profits. While business plan to venture into e-Business, their goal should be to develop a sustainable competitive advantage. e-Business can compliment the company in achieving its goal. Generally there are two forms of competition Operating effectiveness (production) and Competitive position (marketing). When businesses plan to move into e-Business, they need to identify the following Identify cost-cutting opportunities to streamline traditional and existing business processes Ensure costly mistakes - often experienced as a result of insufficient planning - are avoided Manpower with necessary skills are available to provide you with advice regarding cutting-edge technologies, to ensure you can make the most informed decisions for your eBusiness Produce a cost-effective strategy that utilizes multiple technologies for a variety of purposes. For example, eBusiness graphics can be used in traditional print media; and computer animation and electronic music borders on multi-media or TV commercial quality. Identify content management requirements, to further extend the ability to manage your eBusiness. Ensure accurate branding is used to strengthen your organizations traditional/offline image. Ensure the eBusiness accurately reflects your organisational structure. Ensure that all m...
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