NEW GENERATION OF E-BUSINES LEADERS
#1

Submitted By:
Ashok Yadav

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PREFACE
E-business or e-Commerce is changing the shape of competition, the dynamics of the customer relationship, the speed of fulfillment, and the nature of leadership. In the face of change, is your management.
Willing to cannibalize its existing channels with a risky, untested new one
Creating a click-and-mortar service infrastructure that gives customers the same experience through all the channels
Digitizing the supply chain and linking up with competitors to reduce costs further
This Project is about
Managers of established companies are struggling to comprehend this new phenomenon: e-Business. But already, the next wave—e-business—is reaching shore. Intensified competition and new e-commerce opportunities are pressing traditional companies to build e-business models that areFlexible, fast moving, and customer focused. In other words, the core of the enterprise itself is undergoing a metamorphosis from e-commerce to e-business.
E-Business is the complex fusion of business processes, enterprise applications, and organizational structure necessary to create a high-performance business model. The message is simple: Without a transition to an e-business foundation, e-commerce cannot be executed effectively. Considering the inevitability of moving toward an e-business foundation, senior management is being galvanized into tactical action. Those who fail will pay a high price.
One point deserves emphasis:Choosing to pursue e-business is not easy. E-Business is not a slogan. It is not a public relations campaign. It cannot be grafted onto or integrated into a company's normal business-as-usual operating philosophy. Going "e" is a central act that shapes every subsequent plan and decision a company makes, coloring the entire organization, from its competencies to its culture. E-Business, in effect, defines what a company does and, therefore, what it is. If they seriously want to develop effective strategies for competing in the new economy, managers must understand the fundamental structure of the next- generation e-corporation built on an interconnected web of enterprise applications. We wrote this book to provide a master blueprint for building an innovative e-corporation that can survive and thrive in the digital world.
Project Vision
To establish a caring and inspiring virtual work environment for innovative individuals, firms, and organizations that will enable them to build cross-national trust networks and partnerships, develop creative business solutions, and implement them with a speed.
Project Mission
Project mission is to provide continuous high-value services to inventors, innovative firms and innovation catalysts globally. We develop and provide superior IT-enabled services ourselves and also help our international counterparts develop customized area-specific e-services and integrate them into the global Technology e-incubate, e-innovate, e-invest (Ten) network. We do it as a team and in partnership with international players who share our vision, goals, and values.
Project Goals
To provide value-added comprehensive innovation and venture support services to more than ten million firms every year by 2005 through development of the international network of Tenweb-portals
To establish the world-leading online business e-coachingservice that will help new leaders to grow, develop their cross-functional expertise, and generate creative ideas for the era of continuous and systemic innovation
To develop a seamless virtual business environment that will help to bring down cross-cultural barriers and facilitate cross-pollination of innovative ideas and development of cross-national business partnerships and projects online by geographically dispersed innovation project teams and stakeholders - inventors, corporate leaders, investors, consultants, and business development practitioners.
Project Objectives
To build an international venture community with advanced mutual understanding and trust through developing specialized e-coaching services to both entrepreneurs and investors and
To develop state-of-the-art and easy-to-use customized project management workspaces that would enable fast and streamlined implementation of cross-national projects online by geographically dispersed partners
To develop Master of Business Synergies (MBS) e-courses, and start providing both online and offline training services to business leaders, managers, entrepreneurs, and investors
To build an international resource network of partners who would provide value-added complementary expertise in developing future versions of Ten solutions
Project Plans
To develop a state-of-the art comprehensive Ten portal for high-growth firms with global or cross-regional operations
To develop national Ten portals for high-growth firms in selected countries, including New Zealand, Russia, and United States
To provide advisory and consultancy services to our partners and clients who develop or would like to develop regional, national or area-specific Ten3 portals
To develop interactive business e-coaching service online and value-added e-coach on CD-ROMs
In partnership with specialized organization and based on theBusiness e-Coach, to develop strategic and tactic business games for corporate managers, e.g. competitive war games,strategic road-mapping, or teamwork.
In cooperation with our current and future international partners, to establish an international Ten Association whose members would identify themselves with Tenhigh level quality of service and work towards facilitating cross-national cooperation among innovative firms.
INTRODUCTION OF THE TOPIC
In the emerging global economy, e-business has increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology(ICT) in business has revolutionized relationships within organizations and those between and among organizations and individuals. Specifically, the use of ICT in business has enhanced productivity, encouraged greater customer participation, and enabled mass customization, besides reducing costs.
With developments in the Internet and Web-based technologies, distinctions between traditional markets and the global electronic marketplace such as business capital size, among others-are gradually being narrowed down. The name of the game is strategic positioning, the ability of a company to determine emerging opportunities and utilize the necessary human capital skills (such as intellectual resources) to make the most of these opportunities through an e-business strategy that is simple, workable and practicable within the context of global informationand new economic environment. With its effect of leveling the playing field, e-commerce coupled with the appropriate strategy and policy approach enables Small and medium scale enterprises to compete with large and capital-rich businesses.
On another plane, developing countries are given increased access to the global Marketplace, where they compete with and complement the more developed economies. Most, if not all, developing countries are already participating in e-commerce, either as sellers or buyers. However, to facilitate e-commerce growth in these countries, the relatively underdeveloped information infrastructure must be improved.
WHAT IS E-BUSINESS?
E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners. One of the first to use the term was IBM, when, in October, 1997, it launched a thematic campaign built around the term. Today, major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities. Companies are using the Web to buy parts and supplies from other companies, to collaborate on sales promotions, and to do joint research. Exploiting the convenience, availability, and world-wide reach of the Internet, many companies, such as Amazon.com, the book sellers, have already discovered how to use the Internet successfully.
E-business is more than just having a web presence to facilitate buying and selling. Frank Jones, VP of IBM Corporation, provides this definition: “E-business is exploiting the combined power of the internet and information technology to fundamentally transform key business strategies and processes”.
The most common implementation of E-business is as an additional, or in some cases primary, storefront. By selling products and services online, an e-business is able to reach a much wider consumer base than any traditional brick-and-mortar store could ever hope for. This function of E-business is referred to as ecommerce, and the terms are occasionally used interchangeably.
An E-Business may also use the Internet to acquire wholesale products or supplies for in-house production. This facet of E-Business is sometimes referred to as eprocurement, and may offer businesses the opportunity to cut their costs dramatically. Even many E-Businesses which operate without an electronic storefront now use eprocurement as a way to better track and manage their purchasing. Revenue from 5% in 2000 to 10% in 2007.Asia-Pacific e-commerce revenues are projected to increase from $76.8 billion atIn addition to buying and selling products, e-business may also handle other traditional business aspects. The use of electronic chat as a form of technical and customer support is an excellent example of this. An e-business which uses chat to supplement its traditional phone support finds a system which saves incredible amounts of time while providing opportunities unavailable through traditional support. By using virtual computer systems, for example, technical support operators can remotely access a customer's computer and assist them in correcting a problem. And with the download of a small program, all pertinent information about the hardware and software specifications for a user's computer may be relayed to the support operator directly, without having to walk a customer through personally collecting the data. In the past few years, virtually all businesses have become, to some degree or another, an e-business. The pervasiveness of Internet technology, readily available solutions, and the repeatedly demonstrated benefits of electronic technology have made e-business the obvious path. This trend continues with new technologies, such as Internet-enabled cell phones and PDAs, and the trend of e-business saturation will most likely continue for some time.
International Data Corp (IDC) estimates the value of global e-commerce in 2000 at
US$350.38 billion. This is projected to climb to as high as US$3.14 trillion by 2007.
IDC also predicts an increase in Asia’s percentage share in worldwide e-commerce
Year-end of 2001 to $338.5 billion by the end of 2004. Asia-Pacific e-commerce revenues are projected to increase from $76.8 billion atyear-end of 2001 to $338.5 billion by the end of 2004.
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