Wednesday, November 5, 2008

Ch. 2

Business processes

New sources of competitive advanage
N=1 and R=G - business will change.

Why business processes
what core will work

Business framework
make connection between strategy and business model

ICT - 4 layers

Ex. Wal-Mart - less attention to personalize

Ebay - 60,000 software writers

ICICI : Migrating N=1 and R=G


Focus on organic Growth
Focus on proving value
Focus on mass marketing
Focus on banking experience

ICICI core capabilities
Business process flexibility to reflect evolving
Synchronization of strategy, business process, and ICT
Senior management leadership in shaping social architecture and culture

ICICI does not have a CIO

Nov. 5

N=1 - personalized co-created experiments

R=G - global access to resources and talents

Social architeituro - technical architectures

Business ...... Community

Organic system (mission)

Monday, November 3, 2008

ch. 1

Value is based on unique esperience - one cunsumer at a time (no firm is big enough in scope and size).

Model T - consumers were treated as undiffentiated group.

TutorVista - student chooses the time he wants to be tutored.
Personalized lessons,
60-100 hours teacher training.
Students improved
600 tutors
10,000 paying studnets and 5,000 tutors in countries outside India, including USA
The power of technology cab be focused on needs of single individuals through gobal resources.

Truck tires - vendors sell their products based on price, durability, and brand awareness.
fleer owners charge per mile
revenus is based on tire usage, not one time...

Driver safety
help a specific driver improve her skills.
sensors measure tire to determine if someone stopped too fast -- sends data to data center

B2B and B2C
selling a product to selling a service.

Principle 1: N = 1
one customer experience at a time

Collaborative networks
no single firm provides the skills

Complexity

Customer interfaces
simple

Principle 2 R=G
high quality resources at a low cost.

Scalability
Global firms don't like to hire people and let go at 6 months when project is done.

N=1 and R-G World
not well balanced.

Monday, October 27, 2008

exam 2

Oct. 29

The Nucor Steel article: knowledge creation and acquisition, knowledge sharing, role of information technology, social ecology

Expert system - definition, system structure, applications, advantages, and limitations

Characteristics of Web 2.0: The Web as a platform, User participation, Harnessing collective intelligence, New software life cycle, rich user experience (Network effects from user contributions are the key to market dominance in the Web 2.0 era.)

"Connected consumers are collectively shaping your brand"

Naked Conversation: Chapters 1 - 8 - Blogs for large companies, blogs for small companies, Blogs for marketing (conversational marketing), Blogs for advertising (word of mouth on steroids), Blogs for knowledge management

team 2

Ch. 3 on Nov. 10
Ch. 6 on Nov. 19

Wednesday, October 22, 2008

test etc

Test Oct. 29, (review Oct. 27)

ch 3 & 6 pres. (team 2) follows

collaboration / ch 6 websites

Collaboration is the next biggest thing on the web.

Points
Don't sell too hard.
Conversational marketing (feedback from customers and knowledge exchange between customer and company).

Interesting website: http://www.designspongeonline.com/ - good designs...

http://bloombergmarketing.blogs.com/ - She said, He said, On Blogger Relations

http://www.bloggerstories.com/ - stories from different bloggers...