- Business Models for the E-Conomy
- The Plan Is the Thing
- Customer Touch Points
- Content Will Always Be King
- Instant Global Presence
- Outsourcing Is Always an Option
- New Expectations for Customer Service
- Ongoing Internet Marketing
- The Law Catches Up to E-Business
- Shifting Markets
- A View from the Real World
- Change Is Constant, Change Is Good
The Plan Is the Thing
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Planning should be done with the goal of creating and implementing a holistic, Internet-enabled entity.
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Other common plans such as business plans or specific functional plans will not work for this purpose.
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Assume that creation of the holistic Internet-enabled entity will require massive changes in legacy systems, legacy processes, and legacy people.
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All planning must begin by considering the big picture of the business objectives and the opportunities that are available.
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From the vision/architecture a set of goals/strategies are created to harness the power of the company to reach its vision.
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From the goals/strategies, metrics are created to track the company's success at achieving its goals/strategies and are used to compensate employees.
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Using the goals/strategies and metrics, a series of projects are created; this is a roadmap.
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Metrics should measure success, be realistic and appropriate for the business goals.
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The customer should remain the focus of all processes and plans that are developed and implemented.
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Assigning goals/metrics into every employee's compensation and empowering employees with the necessary information is essential in the Internet Age.
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Planning done properly leads to an empowered self-running entity that can be responsive to rapid changes in the external environment.
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The CEO needs to establish the vision, gain commitment of all participants in the value chain/web, and create the proper environment for the holistic, Internet-enabled entity.