Debate Archives
Transformation
Bricks and mortar are becoming clicks and mortar. How
do you lead the transformation from the old rules to the new one without
killing your enterprise in the process?
- Management
by Web
Sparked by new technologies, particularly the Internet, the
corporation is undergoing a radical transformation that is nothing less
than a new Industrial Revolution. This time around, the revolution is
reaching every corner of the globe and in the process, rewriting the rules
laid down by Sloan, Henry Ford, and other Industrial Age giants. The 21st
century corporation that emerges will in many ways be the polar opposite
of the organizations they helped shape. (Business Week, August
21-28, 2000)
-
The
E Gang
It’s time for act II in the Internet Revolution.
The first act belonged to dot-coms with big visions and small bank
accounts. Now the stage will be taken by big companies that move
their factories, warehouses and customers onto the Web. Who are the
executives winning this competition? We portray 12 of them here, in
our third annual round-up of digital innovators. Together the
companies these executives lead employ almost 1 million people and
have more than $400 billion in revenues. They aren't playing for
paper options or the fast flip. Their drive is to serve customers,
eliminate inefficiency and spark new growth. They have bet big on
the Internet, and they already are making it pay off. The stock
market has yet to lavish its richest rewards on traditional firms.
But make no mistake, says GE's Jack Welch: "The productivity
and [market] share gains of the Old Economy companies dwarf the
growth of the New Economy companies." (Forbes,
July 24, 2000)
- Revenge
of the “Bigcos?”
Mel, Jack Welch is right. Wall Street will no longer throw money
indiscriminately at dot-coms. That means the advantage is indeed
shifting to the bigcos. Bigcos have the brand, customers, industry
expertise, transactions, liquidity, and investment budgets to
dominate. But here comes the inevitable "but" . . .
(Diamond Technology Partners Website, August 2000)
-
E-Transformation,
The Fast Track to Becoming and E-Business
E-business is no longer a question of Whether, but How. In the
past six months, favored models and approaches to E-business have
emerged. Although one size doesn't fit all, two strategies in
particular have come to the fore among billion-dollar companies,
according to InformationWeek
Research's newly released E-Business
Agenda Study. The most common approach could be called immersion--the
process of gradually deploying E-business applications and initiatives
across most of a company's business units. The second most-popular
approach to E-business involves collaborating with a partner that lives
and breathes Internet business every day--a Web-only startup. (Information
Week, December 13, 1999)
-
Deconstructing
the Web
Once you figure out your e-business strategy, it's time to start
designing the Web site, right? Not any more. The era of the browser, in
which the world's information is linked together through Web sites,
navigated with search engines and collected and reorganized through
portals, is coming to an end. Over time, it will become an increasingly
smaller part of what the Net economy offers those seeking competitive
advantage. (Industry Standard, August 7, 2000)
-
From
Bricks to Clicks: The
Four Stages of E-volution
Traditional companies no longer question whether the Internet will
change their businesses. Neither do they debate whether e-business
belongs on the CEO agenda. Most companies even have a firm grasp on
what they want and need to get their e-business initiatives off the
ground. Still, it's a long way from strategic intent to execution.
Every day, it seems, another e-business task force or SWAT team is
formed, as CEOs of large companies set "e-priorities" and
create units that try to model the fast and focused entrepreneurial
behaviors they hope the rest of the company will emulate. As these companies attempt to reorient and reinvent
themselves, they struggle with common challenges that revolve around
two fundamental issues: organizational structure and the
mobilization and motivation of people. (strategy + business,
Third Quarter, 2000)
Valuation in the New
Economy: Build-Out-Before Profits or PROFITS
-
Valuing
Dot-Coms
You
don’t have to step through the looking glass into a parallel
universe to understand the valuations of Internet stocks.
Discounted-cash-flow analysis can focus your mind on the right
issues, help you see the risks, and separate the winners from the
losers. (McKinsey Quarterly 2000, No. 1)
-
Internet
Valuations Get Even Nuttier
With recent Internet deals going for a couple of billion
dollars each, the real money is flowing to the online world like
never before, leaving the bricks-and-mortar crowd to fend for
themselves.
(Redherring.com, May 22, 1999)
-
Do
Profits Matter?
The question haunts the sleep of everyone doing business
online. Are we still in the land-grab phase of the Internet
market, when it's OK to temporarily suspend hopes of profitability
and spend like mad in order to grab mind-share (and market share)?
Or is it time to act like those ghastly Old-Economy companies and
strive to have more black ink than red on your balance sheet? We
put the question to some of the New Economy's best and brightest.
(Business 2.0,
April, 2000)
-
The
Valuation Equation
One of the most important issues facing today's Internet
entrepreneurs is how to figure out their company's valuation.
Establishing a valuation and raising capital based on that figure
largely determines the amount of equity the founders will retain.
(Business 2.0, March 2000)
-
You
Must Prefer to Defer
With so many Internet and technology companies running at a loss
— and seemingly proud of it — investors, too, are asking:
Should I even care about profits? (Business 2.0, April
2000)
-
Are
VCs Addicted?
If the valuations don't make sense, why does investment keep
flowing into on-line ventures? Has the potential for up-side
become a drug? Is our economy addicted? (TheStandard.com, April
24,2000)
Will
e-customers be satisfied with Virtual Service?
-
Virtual
Service?
Will
the many virtual customer service encourage new on-line consumers or
offend current on-line shoppers who prefer surfing without
interruption? Find out why investors find e-service an
attractive value proposition. (Redherring.com, March 9, 2000)
B2B or B2C? You Judge
-
Blurred
Lines
The exchange is shifting the paradigm in the on-line
world. Has anyone heard of C2C? (TheStandard.com,
April 24, 2000)
-
Is
E-tail Dead?
Has B2C hit the skids? "Ask a venture capitalist (VC)
to fund a B2C play and they will yawn. Ask an investor to buy a B2C
stock and they'll turn around and short it. Ask a B2C company what the
new exit strategy is and they'll smile and pray for
consolidation" What is going on out there? (Redherring.com,
March 20, 2000)
-
2000,
What's To Come?
Can e-companies remain upbeat amid extreme market volatility, and
questions about inflation? The "eretailing 2000"
conference could have been a masquerade. Was their worry beneath
those masks? (TheStandard.com, April 17, 2000)
What's it to be? Bricks
and Mortar or Pure Play Internet?
- The
Red Eye: The year of Clicks and Mortar
How did Schwab successfully integrate its online and offline
components into a true "clicks and mortar?" Check
out this article to see how Schwab "steamrolled its nearest
competitors in the brokerage world and how its clicks and mortar
strategy will be a hard operation to beat."
- The
truth about 1999 Holiday Shopping?
Who were the winners this past retailer's paradise? Was
it as you suspected? Is the mortar gone soft and are the
bricks crumbling? CEO of Diamond Technology Partners
addresses some of those questions with his understanding of the
goings on. View the Archives - Jan.,
2000.
- E-venge of the incumbents? Mercer on Hybrids
A "clicks and mortar" approach, which blends the digital
and physical elements of business, seems destined to win in many
markets of the emerging Internet economy. While this gives
traditional "bricks and mortar" firms significant
advantages as they move online, they can only succeed if they
address the essential elements of a hybrid model.
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