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New Realities
The Internet changed the
fundamental nature of doing business and competition. As new ways of building
and delivering products and services online emerge,
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your competition
goes beyond established competitors to include new companies, in addition to new
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innovations,
ideas or ways of improving existing processes or products.
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Benefit
from Your Competitors
The wired world is a world in constant flux.
Bill Gates, the Founder of
Microsoft, describes the new Internet era as
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an environment of constant change,
or "punctuated chaos."
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As all financial players are digitally connected,
"any downturn or upturn in a major market creates overnight reverberations in
other markets... The digital world is both forcing companies to react to change
and giving them the tools by which to stay ahead of it". IT helps you
connect your business strategy with organizational response.
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Modern
IT-powered
Value Chain
Without IT there will be no fast response – and no
company, as today "it's not the big that eat the small... it's
the fast that eat the slow."
Alibaba's
Jack Ma
A
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charismatic
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leader
Jack Ma, the founder of Alibaba, known as “crazy Jack Ma”, believed that the
Internet could be used for
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business
at a time when even the concept was unheard of. Young “crazy Jack Ma” was
rejected by several employers in
China, including KFC.
In 2009, a self-made man, Ma was named in the Time
100 list of world’s 100 most influential people. He is also the first Chinese
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entrepreneur to appear on the cover
of Forbes...
More
Internet-powered Business and Revenue Models
Online Customer Engagement
Online customer engagement is
a new trend.
Customer-focused corporate
website, discussion forums or blogs, for example, are spaces where people
can communicate and socialize in ways that cannot be replicated by any offline
interactive medium.
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