Michael Porter’s Big Ideas

The world’s most famous business-school professor is fed up with CEOs who claim that the world changes too fast for their companies to have a long-term strategy. If you want to make a difference as a leader, you’ve got to make time for strategy.

The e-business czar: What does it take to manage an e-business transformation?

Who should companies put in charge of their e-business operations? The answer, according to this special report by the EIU ebusiness forum, depends on where e-business sits in the corporate structure. Diplomacy is key if the company is attempting to integrate e-business into all operations; autocracy is feasible if the organisation has created a separate unit for e-business. Whatever the powers of the position, however, … [ Read more ]

The Godzilla Companies of the New Economy

This interesting article (written before the dot.com shakeout) shows some interesting fallacies of thought but also makes some interesting and useful observations and analyses. Discusses three types of coprorations: Godzillas, Titans and Bystanders. Lists the following as features critical to Godzilla companies: Clarity of Focus; The Primacy of the Customer; Zero-Based Organization; Location Irrelevance; Value Chain Shortcuts; Pointcast vs. Broadcast; The CEO as … [ Read more ]

Strategy Rules

How do you set long-term strategy in an economy that moves at the speed of the Net? Is there a difference between a “business strategy” and an “Internet strategy”? And who makes strategy these days? John D. Noble, vice president of corporate Internet strategy at Putnam Investments, is wrestling with those and other questions.

Is Bigger Better?

It’s in the headlines nearly every morning: the urge to merge. Each day heralds a new marriage between colossal companies – creating a merger- and-acquisition frenzy unrivaled in history.

Conventional wisdom explains these deals in terms of strategy, scale, and globalization – and stops there. We invited 10 influential thinkers and leaders to peel back the merger issue by answering three different questions: Will these … [ Read more ]

The Net Net

Priceline’s founder says there are exactly four ways to make money on-line.

The three waves of e-business explained

There are three “waves” of e-business, according to Gartner analyst and former Sun Microsystems CIO Dennis Wayson. And if you want to successfully implement e-business, you need to know which wave you’re in and what steps you should be taking to reach the next level.

Now Showing at Blockbuster: How Revenue-sharing Contracts Improve Supply Chain Performance

Those of us who have been thwarted in our efforts to find a copy of a just-released video at our local video store will be interested in research conducted by Wharton professor Gerard Cachon and Martin A. Lariviere from the Kellogg Graduate School of Management. Their studies suggest that using a revenue-sharing model can be a smarter way to do business – and provide enough … [ Read more ]

Strategy: What Digital Business Service Providers Mean When They Say It

Strategy in digital business has become an increasingly significant component of Digital Business Service Provider (DBSP) offerings. Pure plays have and are becoming more experienced, and are serious competitors to the more traditional strategists. DBSP strategists take over where the traditional consultancy process lets go. They serve largely in the operational strategic role by taking the business idea to the step of design and architect … [ Read more ]

Creating Value Through E-Commerce Business Models

As businesses strive to implement innovative web-based initiatives, they increasingly will have to pay attention to e-commerce business models. What exactly is a business model, how does it differ from a revenue model, and why is it so important? Raffi Amit and Christoph Zott answer these questions and more in a new paper called “Value Drivers of E-Commerce Business Models.” They also develop a framework … [ Read more ]

Creating Internet Strategies for Competitive Advantage

For companies that want to approach entrepreneurial opportunities on the Internet seriously-and with a view to turning profits-a new research paper by Sendil Ethiraj, Isin Guler and Harbir Singh offers useful insights. The researchers provide a conceptual framework to analyze Internet strategies, and they also look at business models and examine their components. In addition, Ethiraj, Guler and Singh explore what makes some business models … [ Read more ]

The Trillion-Dollar Race to “E”

The valuation of New Economy players represents a bet by the world’s financial markets that a few companies will leverage the Internet to fundamentally change the competitive game in their industries. It is a gamble that powerful, low-cost business models will emerge; that new businesses will rise from disintermediated value chains, and that some companies will exert such influence that they will generate extraordinary long-term … [ Read more ]

Fighting Fire with Water – from Channel Conflict to Confluence

Some retailers are paralyzed into inaction by fear of cannibalizing their existing business; others have been tempted by potential market valuations into creating a spin-off without a coherent channel strategy; and most have been mesmerized by pure plays into thinking there is only one way to compete – on price.

Keeping Fit: The Liz Claiborne Story

Success depends on ‘internal fit’ – the integration of strategy, org structure & other internal systems; A Wharton prof suggests that ‘external fit’ – how well these systems integrate w/ the environment – is equally important

Creating Customer Value Through Industrialized Intimacy

Too many service enterprises are mired in one of two extreme paradigms of service: the skilled servitude model or the service factory model. Your customers demand the best of both approaches — high-quality, intimate service at low service-factory costs. Can you possibly satisfy them?

Increasingly, the answer today is yes. Service companies that are able to integrate information technology effectively into their delivery processes are … [ Read more ]

Rethinking ROI

Some projects have become so important that companies are looking for new ways to measure their return on investment–or are dispensing with ROI studies completely

The Jenga Phenomenon: How eCommerce Is Reassembling Industry

challenges each player to remove as many blocks as possible from a cross-hatched tower of wooden beams and to use them to build additional stories, all without causing the tower to crash.Although the name connotes “building,” the game is about both disassembly and reassembly, and as such forms a fitting analogy for the way eCommerce is plucking out key blocks or leveling and rebuilding towers … [ Read more ]