In the emerging economy there is a new infrastructure, based on the internet, that is causing us to scrutinies most of our assumptions about the business. As a skin of networks - growing in ubiquity, robustness, bandwidth, and function - covers the skin of the planet, new models of how wealth is created are emerging.

Thursday, March 23, 2017

Rules of E-business

Many people take their internet for granted; it has become an integral part of human lives – so much so that many people cannot imagine living their lives without sp0ending at least part of their time online.

For small businesses, the internet probably represents the best bet for entrepreneurial success. Important rules of E-business:
*Buyers, not market makers, will drive the growth of e-business.

*The ability to streamline the structure, influence and control of the flow of information is dramatically more powerful and cost-effective than moving and manufacturing physical products.

*Measuring e-business is much more than just measurable a web site’s traffic and usability.

*Relationships are everything.

*Cybermediaries are a risky venture.

*Real collaboration among enterprises is very rare.

*The ability to plan an e-business infrastructure course swiftly (quickly) and to implement it ruthlessly are key to success; ruthless execution is norm.
Rules of E-business

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