If the theme of 1980 is Quality and the theme of 1990 is Re-engineering, then after year 2000, the key issue will be the Speed - Bill Gates, Microsoft
e-business is about redefining old business models, with IT, to maximize customer value
Structural Transformation - creating new distribution channels, business processes re-engineering, integration of information flow. Essentially no islands of information
Quick Response - effective business design that allow them to react rapidly - digital nervous system - business @ the speed of thought - fast Time-to-Market
In five years, there will be no more so called "e-company" as all companies are already e-enabled - Intel president, 1999
e-commerce is buying & selling product, information or service over digital media (.com)
B2B is leading the future but some B2C is dying
Tomorrow's battle will be fought on the information level, whoever can integrate & control all data from front office to back plant will be the winner
IT is the relentless driving force for all enterprises to reduce overhead, cost, time to market
Business model and the vision of CEO decide the profitability of the company. CEO should think about the e-enabling as the new milestone for the company
Tomorrow's illiterate is whom does not continue to learn and change