The internet economy has changed our understanding of business processes. New models of business processes have been developed. No longer only the collecting and storing of information is important, but also the selection of the relevant data and information sources.
Since the 1990ies the companies have come into use to think in business processes. Especially the modellng is a fundamental method to make complex business processes more comprehensible and understandable.
Table of Contents
- 1. Introduction
- 2. Conditions of the Internet Economy
- 2.1. Internet Economy and related terms
- 2.2. Technological Basics of the Internet
- 2.3. Implications of the Internet as a network
- 3. Change in the processes
- 3.1. Business processes
- 3.2. Concept of the value chain by PORTER
- 3.3. Business processes modelling
- 4. Strategic dimension
- 4.1. Electronic markets
- 4.2. Transformation of the focus
- 4.3. Representative business segments
- 4.4. Value added concepts
- 5. Summary
Objectives and Key Themes
This report aims to analyze the impact of the internet economy on business processes and strategic management. It examines how the internet has altered traditional business models and the resulting challenges and opportunities for companies.
- The evolution of business processes in the digital age.
- The impact of internet technologies on business models.
- Strategic implications of the internet economy for businesses.
- The role of information technology in managing information overflow.
- Examples of successful adaptation to the internet economy.
Chapter Summaries
1. Introduction: This introductory chapter sets the stage by highlighting the transformative influence of the internet economy on business in the past decade and a half. It emphasizes the shift from optional to mandatory integration of e-business and computer-aided structures. While acknowledging the persistence of fundamental economic principles, the chapter underscores the changes in the application and understanding of those principles within the context of the internet. Key aspects discussed include the "death of time and distance" facilitated by internet distribution, the emergence of virtual communities, and the creation of new interactive virtual products like computer-based learning. The chapter also addresses the challenge of managing the exponentially growing amount of information in the digital age, highlighting the importance of efficient information selection over mere data accumulation. Finally, the introduction cites examples of rapid technological advancement and economic growth in Asian countries like Malaysia and Singapore, contrasting them with the challenges faced by established economies in maintaining productivity and income levels.
2. Conditions of the Internet Economy: This chapter lays the groundwork for understanding the internet economy by defining key terms and concepts. It delves into the technological foundations of the internet, exploring its network structure and inherent characteristics. The chapter likely examines the implications of the internet's network nature on business operations, potentially analyzing topics like interconnectedness, accessibility, and global reach. A likely focus is how the network facilitates new collaborative opportunities and challenges in business.
3. Change in the processes: This section will analyze the transformation of business processes brought about by the internet economy. It will likely cover the evolution of business processes themselves, possibly contrasting traditional approaches with modern, internet-driven methodologies. A key component will be an examination of Porter's value chain model within the internet context. The chapter probably discusses how business process modeling has adapted to accommodate the complexities and opportunities of the digital landscape, perhaps exploring relevant methodologies and tools. This section sets the stage for understanding the strategic changes caused by the internet economy.
4. Strategic dimension: This chapter focuses on the strategic implications of the internet economy. The analysis is likely to include a detailed investigation into electronic markets, analyzing their evolution and different stages of development. It's likely that the shift in business focus from traditional methods to internet-centric strategies is examined, showcasing the transformation in how companies operate and compete. The chapter will also probably explore specific business segments that have been significantly impacted by the internet and the resulting value-added concepts that have emerged as successful strategies.
Keywords
Internet economy, e-business, business processes, strategic management, information technology, Porter's value chain, electronic markets, digital transformation, value added concepts, global competition.
Frequently Asked Questions: A Comprehensive Language Preview of the Internet Economy
What is the purpose of this document?
This document provides a comprehensive preview of a report analyzing the impact of the internet economy on business processes and strategic management. It includes the table of contents, objectives and key themes, chapter summaries, and keywords.
What topics are covered in the report?
The report explores the evolution of business processes in the digital age, the impact of internet technologies on business models, the strategic implications of the internet economy, the role of information technology in managing information overload, and examples of successful adaptation to the internet economy. Specific areas include the conditions of the internet economy (defining key terms and exploring technological foundations), changes in business processes (including Porter's value chain), and the strategic dimension (focusing on electronic markets and value-added concepts).
What are the key themes of the report?
Key themes include the transformation of business models due to the internet, the challenges and opportunities presented by the digital landscape, the adaptation of business processes to the internet economy, and the strategic implications for businesses operating in a globally interconnected environment. The management of information overload in the digital age is also a significant theme.
What is covered in the introduction chapter?
The introduction highlights the transformative influence of the internet economy, emphasizing the shift from optional to mandatory integration of e-business. It discusses the "death of time and distance," the emergence of virtual communities, and the challenge of managing information overload. It also contrasts the rapid technological advancement in some Asian economies with challenges faced by established economies.
What does the chapter on "Conditions of the Internet Economy" cover?
This chapter defines key terms and concepts related to the internet economy, delves into the technological foundations of the internet, and explores the implications of its network structure on business operations, focusing on interconnectedness, accessibility, and global reach.
What is discussed in the chapter on "Change in the Processes"?
This section analyzes the transformation of business processes due to the internet economy, covering the evolution of business processes, Porter's value chain model in the internet context, and the adaptation of business process modeling to the digital landscape.
What are the main points of the chapter on the "Strategic Dimension"?
This chapter focuses on the strategic implications of the internet economy, including electronic markets, the shift in business focus to internet-centric strategies, the impact on specific business segments, and the emergence of value-added concepts as successful strategies.
What are the key words associated with the report?
Key words include: Internet economy, e-business, business processes, strategic management, information technology, Porter's value chain, electronic markets, digital transformation, value-added concepts, and global competition.
What is the overall takeaway from this preview?
This preview offers a structured overview of a report providing in-depth analysis of how the internet economy has reshaped business processes and strategic management, highlighting both the challenges and opportunities presented by the digital transformation.
- Arbeit zitieren
- Dipl.-Kff. Susanna Mandorf (Autor:in), 2008, Processes in the Internet Economy, München, GRIN Verlag, https://www.grin.com/document/91457
