Your E-business projects so far. ITU Spring 2013. Repetition. What have we talked about so far? What did you do last week ?. E-business environment. SLEPT Analysis. S ocial factors L egal and ethical factors E conomic factors P olitical factors T echnological factors.
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”Strategy is a rule for making decisions under conditions of partial ignorance,
whereas policy is a contingent decision. Business strategy is the broad collection of
decision rules and guidelines that define a business’ scope and growth direction.”
– Ansoff 1965
“Strategy formulation involves the interpretation of the environment and the
development of consistent patterns in streams of organizational decisions”
– Mintzberg 1979
“Strategy is a broad based formula for how business is going to compete, what its
goals should be, and what policies will be needed to carry out those goals.
The essence of formulating competitive strategy is
relating a company to its environment.“
– Porter 1991
“Strategy concerns creating a vision of the future and the means and policies which
will enable the organization to reach that vision”
- Edwards et al 1991
Strategy = Desired future – Current status
So strategy is all thathappensbetween the offset
and at the point wedecidethatweare at the goal
Is it a plan?
Contribution to organizations’ strategy
Modification of org. structure to support e-business
Processes, procedures, information systems
Break-down of staff
Skill-sets of team members
Values & cultures