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The ultimate guide to how to redesign and rethink - reframe - your projects, initiatives and even your very business model, Cyber Commerce Reframing (CCR) shows you how to turn your company around in the Cyber Economy towards maximum use of information technology by additionally saving investments already made. In his vivid and hands-on book, the author provides you the insights of what went wrong with web-based business by examining failed companies all over the world. CCR constitutes an alternative to business process reengineering and optimization, which were partly not as successful as during the 80s and 90s in delivering expected results as they precondition too much additional investments, neglect organizations' uniqueness and often miss the starting point. Having designed, planned, supported and implemented CCR solutions at various companies of different size, the description of the work with corporate clients facilitates the task of incorporating CCR's novel ideas in your company.
The goal of this book is to create awareness for a change in
mind-set that we will all have to face and go through. The
necessity for this new mind set is being driven by the situation
that a completely new business world, a new reality, is being
created at the point where the phenomenon commonly referred to as
the "new economy" converges with the well-known old economy. During
the very late 1990s, this new reality was being driven by an almost
incredible increase in yields in the financial markets, where
conventional but value-driven and stable stocks such as Philip
Morris, General Electric, or Bayer, did not attract as many
investors as before - if we can call some of them investors at all.
Companies in the high-tech or the new market segments are all part
of the new economy. This new economy has created new business
ideas, business models, and a new reality, in which chief executive
officers (CEOs) were in the mid twenties and had basically no clue
as to what real business is and how much a dollar counts. Now, as
this convergence is happening, the painful reality and the business
rules of the old economy get us back down to earth. The CEOs become
more senior, business plans are validated more carefully, and just
having the famous ." com" in your company name does not get you any
further or lead you to any of required money."
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