Business model frameworks A business model pictures how an enterprise gains revenue from customers, at a cost of business activities that is less than the revenue, thus generating a profit.
MarketingSalesDigital How to Plan E-Business Initiatives in Established Companies Many large and mature companies — which still form most of the economy — have difficulty analysing the opportunities and difficulties created by the Internet.
Chair in Management Information Science and Professor of Information Systems at the Cox School of Business at Southern Methodist University Dallas, Texashave developed a planning process — validated at several established companies — that puts e-business into perspective and helps make it manageable.
The conceptual framework and approach underlying how to plan e-business initiatives were the result of more than eight years of research involving a variety of corporations around the world.
At the core of the research is Electronic Commerce Architecture ECAan analytical model that the authors developed to enable businesses, technology providers and intermediaries to examine their roles in the online environment.
Using ECA, the authors explored how companies could support trade, decision and integration processes online, both conceptually and empirically.
They also developed a typology of e-business processes that companies of all types can use to plan specific e-business initiatives for increased performance. To further validate the robustness of the approach, they also examined online organisations such as electronic intermediaries marketplaces and exchanges over a three-year period.
In these studies, the authors worked with senior management and engaged business directors across geographical regions in sets of workshops to identify sustainable initiatives.
The studies have shown that the framework they describe in their article is both intuitive and useful as a basis for management planning and analysis.
The e-business planning process The planning phase for new e-business projects comprises 4 major steps: Identify potential e-business initiatives, Analyse the functional scope of e-business initiatives, Analyse the sustainability of benefits from e-business initiatives, and Prioritise e-business initiatives.
In addition to the planning phase, the e-business development process also includes phases for: The overall process can be set within a development life cycle spanning all these phases.
Exploring new business opportunities The authors have used this approach to help a variety of established companies plan for creating business value through e-business. However, e-business can also create opportunities for completely new products and markets.This chapter reports on a framework that has been successfully used to analyze the e-business capabilities of an organization with a view to developing their e-capability maturity levels.
This should be the first stage of any systems development project. The framework has been used widely within start-up companies and well-established companies both large and small; it has been deployed in the. A Summary of Best Practice Approaches in Strategic Planning Processes Introduction While Lou Gerstner, past Chairman and CEO of IBM, was the framework of issue and option generation, quantitative analysis, assessments about the business environment, intense.
SWOT analysis is a strategic planning method used to evaluate the strength, weakness, opportunities and threats involved in a planning of a city, town or a ward. It involves specifying the objective of the plan or project and identifying the external factors that are .
The PESTLE Analysis tool can be used for business planning, strategic planning, marketing planning, product development, and organizational planning. The PESTLE tool provides its users with factors that need to be well researched and brainstormed.
the plan of resources (step 6) with the plan of activity (step 5), and/or the analysis of the assumptions (step 9) with the risk analysis (step 8).
It is clearer for the reader /user to have 9 separate steps, as used in these guidelines. A new framework offers a system for defining, collecting, analyzing, and organizing data for IT strategic planning. While these activities all aim to improve the IT strategic planning process, the idea of true data-driven strategic planning is still discussed only at the general level without a.