E-Strategy - Revision history

User at 16:23, 10 August 2023

2023-08-10T16:23:35Z

User at 10:59, 1 July 2023

2023-07-01T10:59:32Z

User at 18:13, 13 April 2023

2023-04-13T18:13:17Z

Show changes

User at 12:36, 5 October 2022

2022-10-05T12:36:51Z

User at 21:08, 4 October 2022

2022-10-04T21:08:59Z

User at 16:32, 4 October 2022

2022-10-04T16:32:41Z

Show changes

User at 19:31, 17 March 2021

2021-03-17T19:31:42Z

User at 19:27, 17 March 2021

2021-03-17T19:27:09Z

User at 19:24, 17 March 2021

2021-03-17T19:24:33Z

User at 18:31, 17 March 2021

2021-03-17T18:31:15Z

@@ Line 5: / Line 5: @@
 *The key is the creation/modification of the business model, not designing websites to address business requirements
 **The former focuses on the business
-**The latter focuses on integrating emerging technology; that is the purview of IT Strategy (Information Technology Strategy)
+**The latter focuses on integrating emerging technology; that is the purview of [[IT Strategy (Information Technology Strategy)]]
 *e-Strategy sets the direction for the entire organization
 **It is one and the same as the "business" strategy. If one must, then eStrategy is a subset of business strategy
@@ Line 160: / Line 160: @@
 *[[Business Model]]
 *[[Business Strategy]]
 *[[Digital Strategy]]
 *[[E-Business]]

@@ Line 158: / Line 158: @@
 == See Also ==
-[[Business Model]]<br />
+*[[Business Model]]
-[[Business Strategy]]<br />
+*[[Business Strategy]]
-[[IT Strategy (Information Technology Strategy)]]<br />
+*[[IT Strategy (Information Technology Strategy)|IT Strategy]]
-[[Digital Strategy]]<br />
+*[[Digital Strategy]]
-[[E-Business]]<br />
+*[[E-Business]]
-[[E-Commerce]]<br />
+*[[E-Commerce]]
-[[Innovation Strategy]]
+*[[Innovation Strategy]]

@@ Line 1: / Line 1: @@
-'''e-Strategy''' or '''e-Business Strategy''' is the business use of the Internet. The “use” results in a “business benefit” such as higher revenues, reduced costs or reaching an underserved [[market]]. “Internet” includes all technologies and applications enabled by the Internet.
+'''e-Strategy''' or '''e-Business Strategy''' is the business use of the Internet. The “use” results in a “business benefit” such as higher revenues, reduced costs, or reaching an underserved market. “Internet” includes all technologies and applications enabled by the Internet.
-e-Strategy is an iterative [[process]] to create and/or modify an organization's business model for eBusiness:
+e-Strategy is an iterative process to create and/or modify an organization's business model for eBusiness:
 *It is a process not a point-in-time event
 *It is iterative - success comes after multiple - do and learn – cycles
@@ Line 9: / Line 9: @@
 **It is one and the same as the "business" strategy. If one must, then eStrategy is a subset of business strategy
 **It is not an "IT Strategy" for the internet. Much like business strategy drives strategic planning for information technology, eStrategy drives the IT Strategic Plan
-**eBusiness affects the entire organization so the focus of eStrategy is on the entire business not on creating a new distribution channel or creating a customer portal or targeting a new internet-based market segment
+**e-Business affects the entire organization so the focus of eStrategy is on the entire business not on creating a new distribution channel or creating a customer portal or targeting a new internet-based market segment
 **e-Strategy focuses on creating maximum value not on creating revenues or reducing costs through the internet
 e-Strategy helps create shareholder value. In other words, it helps identify the "new" business model to compete in the "new" world that now includes the internet-based ecosystem<ref>[https://cioindex.com/reference/what-is-estrategy/ What is e-Strategy]</ref>
@@ Line 48: / Line 48: @@
 An important but often overlooked aspect of strategy development is to decide how to decide. Who is going to make the decision? How will it be made? ... To help avoid this situation, managers should be aware of the four ways decisions can be made, and make proactive choices about which to use. It is possible to use more than one method at once for different parts of a major decision. The four decision methods are command, consult, vote or consensus. When formulating an e-business strategy—or any particular sub-function strategy—it is important to ensure that all initiatives are compatible with the organization's vision and mission. Incompatible initiatives generate only chaos, poor investment and commitment cycles, and substandard performance. Where new e-business technologies and methods create new classes of opportunities, it may be wise for the organization to revisit its vision and mission. A vision statement is an enduring and precise word picture of what the organization strives to be. It is something to be pursued. A mission statement is an enduring and precise word picture of the organization's purpose. It defines the scope of its operations in product and market terms and describes its values and priorities. Having collected valuable internal and competitive intelligence the information must be analyzed, integrated, and interpreted.. leading to the identification of valuable new strategic alternatives. The objective is to create several alternative strategies that can then be assessed for comparative value. In any case, managers should heed this important advice from Hindle and Dulmanis (2000):<br />
-#E-business must be integrated and not isolated. You can't separate your e-business strategy or any implementation of it from the totality of
+#E-business must be integrated and not isolated. You can't separate your e-business strategy or any implementation of it from the totality of operations. If you try to 'rope it off (by, for instance, treating it as a specialty for your information technology experts to mandate), you will get it wrong.
-operations. If you try to 'rope it off' (by, for instance, treating it as a specialty for your information technology experts to mandate), you will get it wrong.
+#E-venturers demand the development of a business model as a predicate to a business plan. You simply can't make a meaningful plan if you have not first developed a thoroughly well-wrought sense of corporate persona.
 #An e-venturer's business model will require constant updating, adaptation, and change. This is why the process of model generation is more important than its current output. Organizations must continually re-design themselves. Yesterday's business model may not serve you well tomorrow.
 #So, the key to success in e-business is the robustness of the process used to keep producing a stream of appropriate business models—plural!
@@ Line 61: / Line 60: @@
 *Customers: satisfaction.
 *Strategy metrics must be built into the strategic plan so that everyone is aware of what the critical success factors are, and how they will be measured. A key element of metrics is to activate them early and use them often.
+<br />
 '''e-Strategy Framework (See Figure 1.)'''<ref>[https://cioindex.com/reference/e-business-strategy-framework/ e-Business Strategy Framework]</ref><br />
@@ Line 80: / Line 80: @@
 '''Figure 1'''.
 source: Christian S Derwein<br />
+<br />
 '''Framework  for e-Strategy Formulation (See Figure 2.)'''<ref>Framework  for e-Strategy Formulation [http://slideplayer.com/slide/5328967/]</ref><br />
@@ Line 122: / Line 123: @@
 [[File:EStrategy2.jpg|400px|E Business Strategy Formulation Framework]]<br />
 '''Figure 2.'''<br />
-source: S Chen
+source: S Chen<br />
+<br />
+<br />
 '''e-Strategy vs. Other Strategies (Figure 3.)'''<ref>What does an E-Business Strategy would generally include? [http://www.economywatch.com/business/e-business-strategy.html EconomyWatch]</ref><br />
 A state-of-the-art E-Business Strategy would generally include:
@@ Line 135: / Line 136: @@
 [[File:EStrategy1.jpg|400px|E Strategy Vs. Other Strategies]]<br />
 Figure 3.
-source: Chiedza Hwata
+source: Chiedza Hwata<br />
+<br />
+<br />
 '''e-Strategic Plan Template'''<br />
-[http://www.antiventurecapital.com/backupfolder/biz_plan.pdf Sample e-Strategic Business Plan]
+[http://www.antiventurecapital.com/backupfolder/biz_plan.pdf Sample e-Strategic Business Plan]<br />
+<br />
+<br />
 '''e-Business Plan Example'''<br />
-[http://www.slideshare.net/FemiAkinLaguda/an-ebusiness-plan-sample-presentation An e-Business Plan Sample Presentation]
+[http://www.slideshare.net/FemiAkinLaguda/an-ebusiness-plan-sample-presentation An e-Business Plan Sample Presentation]<br />
+<br />
 '''e-Business Model (Figure 4.)'''<ref> The e-Business Model [http://www.prudens.com/patens/ebusiness/busmodel.html]</ref><br />
@@ Line 153: / Line 155: @@
 '''Figure 4.'''
 source: Prudens
@@ Line 159: / Line 162: @@
 *Fall behind competitors in delivering online services - may become difficult to catch up, e.g. Tesco, Dell
 *Poor customer experience from poorly integrated channels
+<br />
 ===See Also===

@@ Line 79: / Line 79: @@
 [[File:EStrategy.jpg|400px|E-Strategy]]<br />
 '''Figure 1'''.
-source: Christian S Derwein
+source: Christian S Derwein<br />
-'''Framework  for e-Strategy Formulation (See Figure 2.)'''<ref>Framework  for e-Strategy Formulation [http://slideplayer.com/slide/5328967/ S Chen]</ref><br />
+'''Framework  for e-Strategy Formulation (See Figure 2.)'''<ref>Framework  for e-Strategy Formulation [http://slideplayer.com/slide/5328967/]</ref><br />
 *Appreciate the strategic context
 **Understanding long-term goals and vision for the organization
@@ Line 102: / Line 102: @@
 **Role of IS/IT: strategic enabler (opportunistic) or support?
 **Sourcing of IS/IT: Insourced, selectively sourced, or outsourced?
-**Structure of IS/IT dept: Decentralised, federal, or centralised?
+**Structure of IS/IT dept: Decentralised, federal, or centralized?
 **View of IT infrastructure: Enabling or utility view?
 **Decisions about parameters should be aligned with business strategy
 *Complementary views of strategy
-**View presented so far regards strategy as developed from understanding of nature of competition, industry and organisational structure and competitive response
+**View presented so far regards strategy as developed from an understanding of the nature of competition, industry and organizational structure, and competitive response
-**But strategy can be articulated based on understanding of internal resources, capabilities and competencies, and access to external resources etc., which can be harnessed as sources of competitive advantage
+**But the strategy can be articulated based on an understanding of internal resources, capabilities and competencies, and access to external resources, etc., which can be harnessed as sources of competitive advantage
-**Each perspective offers valuable insights into strategies that an organisation can adopt
+**Each perspective offers valuable insights into strategies that an organization can adopt
 *Tools to support strategy formulation
-**[[SWOT Analysis|SWOT analysis]]
+**SWOT analysis
-**Product and [[service]] lifecycles
+**Product and service lifecycles
-**[[PEST Analysis|PEST analysis]]
+**PEST analysis
-**[[Competitive Analysis|Competitive forces analysis]]
+**Competitive forces analysis
-**[[Value Chain Analysis|Value chain analysis]]
+**Value chain analysis
-**[[Critical Success Factor (CSF)|Critical success factor]] analysis
+**Critical success factor analysis
 **Business technology audit
-**[[Gap Analysis|Gap analysis]]
+**Gap analysis
 [[File:EStrategy2.jpg|400px|E Business Strategy Formulation Framework]]<br />
 '''Figure 2.'''<br />
-source: [http://slideplayer.com/slide/5328967/ S Chen]
+source: S Chen
-'''e-Strategy vs. Other Strategies (Figure 3.)'''<ref>What does an E Business Strategy would generally include? [http://www.economywatch.com/business/e-business-strategy.html EconomyWatch]</ref><br />
+'''e-Strategy vs. Other Strategies (Figure 3.)'''<ref>What does an E-Business Strategy would generally include? [http://www.economywatch.com/business/e-business-strategy.html EconomyWatch]</ref><br />
-A state-of-the-art E Business Strategy would generally include:
+A state-of-the-art E-Business Strategy would generally include:
-*[[Supply Chain Management (SCM)|Supply chain management: effective management of the [[Supply Chain|supply chain]] can be handled with the help of e-business strategies, which will ensure better coordination between the wholesalers and the retailers of various products. Better integration of the supply chain right from the source till the final delivery of the product can be effectively implemented using e-business strategy. This also brings us to the point of [[E-Commerce|e-commerce]] where a parallel network of buying and selling can be observed using dissemination of information over the Internet. Everything ranging from automobiles to electronic gizmos can be bought over the Internet in a hassle free manner under the aegis of sound supply chain management.
+*Supply chain management: effective management of the supply chain can be handled with the help of e-business strategies, which will ensure better coordination between the wholesalers and the retailers of various products. Better integration of the supply chain right from the source to the final delivery of the product can be effectively implemented using an e-business strategy. This also brings us to the point of e-commerce where a parallel network of buying and selling can be observed using the dissemination of information over the Internet. Everything ranging from automobiles to electronic gizmos can be bought over the Internet in a hassle-free manner under the aegis of sound supply chain management.
-*[[Customer Service|Customer service]] and [[Customer Relationship Management (CRM)|customer relationship management]]: effective e-business strategies would involve better customer service and customer relationship management ensuring the highest level of consumer satisfaction. E business is targeted at providing the customer-friendly services, which would include the timely delivery of goods right at the doorstep of the consumer.
+*Customer service and customer relationship management: effective e-business strategies would involve better customer service and customer relationship management ensuring the highest level of consumer satisfaction. E-business is targeted at providing customer-friendly services, which would include the timely delivery of goods right at the doorstep of the consumer.
-*Inventory and service management integration: e business strategies can also help in better inventory and service management integration through formulating specific plans for inventory accumulation and purchasing machinery and equipment which will avoid unnecessary purchases which can lead to higher expenditures entailing different tax implications.
+*Inventory and service management integration: e-business strategies can also help in better inventory and service management integration through formulating specific plans for inventory accumulation and purchasing machinery and equipment which will avoid unnecessary purchases which can lead to higher expenditures entailing different tax implications.
-*Tactical operations alignment: tactical operations directed towards short-term goals as opposed to strategic planning aimed at long term goals can be better coordinated implementing the e-business strategies.
+*Tactical operations alignment: tactical operations directed toward short-term goals as opposed to strategic planning aimed at long-term goals can be better coordinated by implementing e-business strategies.
 [[File:EStrategy1.jpg|400px|E Strategy Vs. Other Strategies]]<br />
 Figure 3.
-source:[https://www.slideshare.net/chiedza11/e-business-strategy-14602360 Chiedza Hwata]
+source: Chiedza Hwata
@@ Line 146: / Line 146: @@
-'''e-Business Model (Figure 4.)'''<ref> The [[e-Business Model]] [http://www.prudens.com/patens/ebusiness/busmodel.html Prudens]</ref><br />
+'''e-Business Model (Figure 4.)'''<ref> The e-Business Model [http://www.prudens.com/patens/ebusiness/busmodel.html]</ref><br />
 The e-Business model, like any business model, describes how a company functions; how it provides a product or service, how it generates revenue, and how it will create and adapt to new markets and technologies. It has four traditional components as shown in the figure, The e-Business Model. These are the e-business concept, value proposition, sources of revenue, and the required activities, resources, and capabilities. In a successful business, all of its business model components work together in a cooperative and supportive fashion.
@@ Line 152: / Line 152: @@
 [[File:Ebusmodel.gif|200px|E Business Model]]<br />
 '''Figure 4.'''
-source: [http://www.prudens.com/patens/ebusiness/busmodel.html Prudens]
+source: Prudens
-'''Absence of an e-Strategy'''<ref>What Happens where there is no e-Business Strategy? [https://www.slideshare.net/chiedza11/e-business-strategy-14602360 Chiedza Hwata,]</ref><br />
+'''Absence of an e-Strategy'''<ref>What Happens when there is no e-Business Strategy? [https://www.slideshare.net/chiedza11/e-business-strategy-14602360]</ref><br />
 *Missed Opportunities for additional Sales on the sell-side and more efficient purchasing on the buy-side
 *Fall behind competitors in delivering online services - may become difficult to catch up, e.g. Tesco, Dell
@@ Line 162: / Line 162: @@
 ===See Also===
-[[Business_Model|Business Model]]<br />
+[[Business Model]]<br />
-[[Business_Strategy|Business Strategy]]<br />
+[[Business Strategy]]<br />
-[[IT_Strategy_(Information_Technology_Strategy)|IT Strategy (Information Technology Strategy)]]<br />
+[[IT Strategy (Information Technology Strategy)]]<br />
-[[Digital_Strategy|Digital Strategy]]<br />
+[[Digital Strategy]]<br />
-[[E-Business|e-Business]]<br />
+[[E-Business]]<br />
-[[E-Commerce|e-Commerce]]<br />
+[[E-Commerce]]<br />
-[[Innovation_Strategy|Innovation Strategy]]
+[[Innovation Strategy]]
@@ Line 176: / Line 176: @@
 ===Further Reading===
-*e- Strategy to e-Business [http://wap.dhl.com/masterclass/download/strategy.pdf wap.dhl.com]
+*[http://wap.dhl.com/masterclass/download/strategy.pdf e-Strategy to e-Business]
-*e- Business Strategies [http://srdc.msstate.edu/trainings/educurricula/ecomm_impact/ebus_smith.ppt MS State Univ]
+*[http://srdc.msstate.edu/trainings/educurricula/ecomm_impact/ebus_smith.ppt e-Business Strategies]
-*What is an [[e-Commerce]] Business Plan and Strategy [http://www.ecorner.com.au/FAQs-Questions-Ideas-Centre/ecommerce-business-plan#.V4Uz1xUrLIU eCorner]
+*[http://www.ecorner.com.au/FAQs-Questions-Ideas-Centre/ecommerce-business-plan#.V4Uz1xUrLIU What is an e-Commerce Business Plan and Strategy]

← Older revision		Revision as of 19:31, 17 March 2021
Line 138:		Line 138:

	'''e-Strategic Plan Template'''<br />		'''e-Strategic Plan Template'''<br />
−	[http://www.antiventurecapital.com/backupfolder/biz_plan.~~pdfSample~~ e-Strategic Business Plan]	+	[http://www.antiventurecapital.com/backupfolder/biz_plan.pdf Sample e-Strategic Business Plan]

@@ Line 93: / Line 93: @@
 **Understand internal strengths and weaknesses
 **Recognise capabilities
-**Perform audit of IT infrastructure, IT skills and IT management
+**Perform audit of [[IT Infrastructure|IT infrastructure]], IT skills and [[IT Management (Information Technology Management)|IT management]]
 *High level strategic visioning and thinking
 *Articulate business and IT maxims
@@ Line 115: / Line 115: @@
 **[[Value Chain Analysis|Value chain analysis]]
 **[[Critical Success Factor (CSF)|Critical success factor]] analysis
-**[[Business technology audit]]
+**Business technology audit
 **[[Gap Analysis|Gap analysis]]

@@ Line 1: / Line 1: @@
 '''e-Strategy''' or '''e-Business Strategy''' is the [[Business|business]] use of the [[Internet]]. The “use” results in a “business benefit” such as higher revenues, reduced costs or reaching an underserved [[market]]. “Internet” includes all technologies and applications enabled by the Internet.
-e-Strategy is an iterative [[process]] to create and/or modify an [[organization]]'s [[Business Model|business model]] for eBusiness:
+e-Strategy is an iterative [[process]] to create and/or modify an [[organization]]'s [[Business Model|business model]] for [[E-Business|eBusiness]]:
 *It is a [[Process|process]] not a point in time event
 *It is iterative - success comes after multiple - do and learn – cycles
@@ Line 11: / Line 11: @@
 **eBusiness affects the entire organization so the focus of eStrategy is on the entire business not on creating a new [[Distribution Channel|distribution channel]] or creating a [[customer]] portal or targeting a new internet based market segment
 **e-Strategy focuses on creating maximum [[value]] not on creating revenues or reducing costs through the internet
-e-Strategy helps create [[shareholder]] value. In other words, it helps identify the "new" business model to compete in the "new" world that now includes the internet based ecosystem<ref>[https://cioindex.com/reference/what-is-estrategy/ What is e-Strategy]</ref>
+e-Strategy helps create [[Shareholder Value|shareholder value]]. In other words, it helps identify the "new" business model to compete in the "new" world that now includes the internet based ecosystem<ref>[https://cioindex.com/reference/what-is-estrategy/ What is e-Strategy]</ref>
-'''Planning the [[e-Business]] Strategy'''<ref>eBusiness Strategy and Planning [http://www.cobcertified.com/ebusiness-strategy-definition.html COB Certified]</ref><br />
+'''Planning the e-Business Strategy'''<ref>eBusiness Strategy and Planning [http://www.cobcertified.com/ebusiness-strategy-definition.html COB Certified]</ref><br />
-e-Business strategy is not just for Internet Businesses.  An e-business strategy is essential to any organisation conducting business over the Internet.  It defines both short-term and long-term e-business [[goals]] and involves careful and skilled planning. E-Business strategy is part of the corporate strategy and business plan, and also interconnects with other plans including [[marketing]], organisational and IT strategic plans.
+e-Business strategy is not just for Internet Businesses.  An [[E-Business|e-business]] strategy is essential to any organisation conducting business over the Internet.  It defines both short-term and long-term e-business [[goals]] and involves careful and skilled planning. E-Business strategy is part of the corporate strategy and business plan, and also interconnects with other plans including [[marketing]], organisational and IT strategic plans.
-e-[[Business Strategy]] and planning includes the following:
+e-Business Strategy and planning includes the following:
-*E-[[Risk]] [[management]] and contingency planning
+*E-Risk management and contingency planning
 *Web site Technology, applications, infrastructure, security, resources and [[budget]]
-*Web site Content - Information [[architecture]], customer experience, [[design]], [[branding]] and marketing
+*Web site Content - [[Information Architecture|Information architecture]], customer experience, [[design]], [[branding]] and [[Marketing|marketing]]
 *Marketing planning and budgeting
 *[[E-Commerce|E-Commerce]] planning (if relevant)
@@ Line 27: / Line 27: @@
 '''Types of e-Business Strategies'''<ref>What are the different types of e-Business Strategies [https://bizfluent.com/list-7683081-types-ebusiness-strategies.html BizFluent]</ref><br />
-Several strategies have proven successful to drive revenue and promote a company both online and off. Choosing the best e-business strategy for either an established company or a startup involves making decisions about where money should come from and how the [[website]] can bring in the most traffic.
+Several [[Strategy|strategies]] have proven successful to drive [[Revenue|revenue]] and promote a company both online and off. Choosing the best e-business strategy for either an established company or a startup involves making decisions about where money should come from and how the [[website]] can bring in the most traffic.
 *Marketplace Hosting: Many e-businesses succeed by hosting a site for auctions and online stores on which member can place items for sale. In this model, the website owner takes a flat fee or a percentage of sales in exchange for promoting the online marketplace and assisting in processing the transaction. Some businesses combine this option with their own warehouse, offering both their own goods and [[advertising]] members' listings for the same items. Additional revenue for the website owner can come from members paying additional fees to spotlight their offerings on the main website.
 *Turnkey Businesses: A turnkey business functions with a pre-existing [[template]] for its given [[industry]]. These websites may offer anything from diet pills to a dating [[network]] for a particular city. The turnkey model requires less work than others but also faces stiff competition. The operator must do some legwork to produce the site's content and sell ad space to generate more income. Marketing mostly relies on the optimizing the website to appear on as many search engine result pages as possible.
@@ Line 37: / Line 37: @@
 '''e-Strategy - The [[Strategic Planning]] Process'''<ref>The Strategic Planning Process for e-Business Initiatives [http://www.levlafayette.com/node/264 Lev Lafayette]</ref><br />
-There are two broad circumstances in which an enterprise will strategise its e-business initiatives:
+There are two broad circumstances in which an enterprise will strategize its e-business initiatives:
 *(a) on a periodic, formal, scheduled basis and
 *(b) when a crisis or significant event occurs. The timeframe of periodic scheduled strategy development depends on your own organisation's policies.
 Managers need to be aware that developing a strategy in isolation—failing to include stakeholders—significantly increases the risk of failure. Risks are increased for two main reasons.
-*Firstly, failing to engage stakeholders minimises or even eliminates the ability to gain a wider understanding of the problems at hand. Stakeholders of all kinds can provide insights that help build a more complete picture of the competitive e-business landscape.
+*Firstly, failing to engage [[Stakeholder|stakeholders]] minimizes or even eliminates the ability to gain a wider understanding of the problems at hand. Stakeholders of all kinds can provide insights that help build a more complete picture of the competitive e-business landscape.
 *Secondly, failing to engage stakeholders adequately can create a future problem for strategy implementation. Stakeholders who are either required to implement the strategy or are directly affected by it but have not been consulted in its development are unlikely to feel any ownership of the project.
@@ Line 63: / Line 63: @@
 '''e-Strategy [[Framework]] (See Figure 1.)'''<ref>[https://cioindex.com/reference/e-business-strategy-framework/ e-Business Strategy Framework]</ref><br />
-The key elements os an e-business strategy framework, are explained along three phases of strategic analysis, strategy formulation and strategy implementation as follows:
+The key elements of an e-business strategy framework, are explained along three phases of [[Strategic Analysis|strategic analysis]], strategy formulation and strategy implementation as follows:
 *External analysis - macro-environment and industry structure
 *Internal analysis - key resources and capabilities
 *Generic strategy options
-*Sustainable competitive advantage
+*Sustainable [[Competitive Advantage|competitive advantage]]
 *Exploration of new market spaces
 *Creation and capturing of value
@@ Line 126: / Line 126: @@
 '''e-Strategy vs. Other Strategies (Figure 3.)'''<ref>What does an E Business Strategy would generally include? [http://www.economywatch.com/business/e-business-strategy.html EconomyWatch]</ref><br />
 A state-of-the-art E Business Strategy would generally include:
-*[[Supply]] chain management: effective management of the supply chain can be handled with the help of e-business strategies, which will ensure better coordination between the wholesalers and the retailers of various products. Better integration of the supply chain right from the source till the final delivery of the product can be effectively implemented using e-business strategy. This also brings us to the point of e- commerce where a parallel network of buying and selling can be observed using dissemination of information over the Internet. Everything ranging from automobiles to electronic gizmos can be bought over the Internet in a hassle free manner under the aegis of sound supply chain management.
+*[[Supply Chain Management (SCM)|Supply chain management: effective management of the [[Supply Chain|supply chain]] can be handled with the help of e-business strategies, which will ensure better coordination between the wholesalers and the retailers of various products. Better integration of the supply chain right from the source till the final delivery of the product can be effectively implemented using e-business strategy. This also brings us to the point of [[E-Commerce|e-commerce]] where a parallel network of buying and selling can be observed using dissemination of information over the Internet. Everything ranging from automobiles to electronic gizmos can be bought over the Internet in a hassle free manner under the aegis of sound supply chain management.
-*Customer service and customer relationship management: effective e-business strategies would involve better customer service and customer relationship management ensuring the highest level of consumer satisfaction. E business is targeted at providing the customer-friendly services, which would include the timely delivery of goods right at the doorstep of the consumer.
+*[[Customer Service|Customer service]] and [[Customer Relationship Management (CRM)|customer relationship management]]: effective e-business strategies would involve better customer service and customer relationship management ensuring the highest level of consumer satisfaction. E business is targeted at providing the customer-friendly services, which would include the timely delivery of goods right at the doorstep of the consumer.
 *Inventory and service management integration: e business strategies can also help in better inventory and service management integration through formulating specific plans for inventory accumulation and purchasing machinery and equipment which will avoid unnecessary purchases which can lead to higher expenditures entailing different tax implications.
 *Tactical operations alignment: tactical operations directed towards short-term goals as opposed to strategic planning aimed at long term goals can be better coordinated implementing the e-business strategies.
@@ Line 141: / Line 141: @@
-'''e-[[Business Plan]] Example'''<br />
+'''e-Business Plan Example'''<br />
 [http://www.slideshare.net/FemiAkinLaguda/an-ebusiness-plan-sample-presentation An e-Business Plan Sample Presentation]
-'''e-[[Business Model]] (Figure 4.)'''<ref> The [[e-Business Model]] [http://www.prudens.com/patens/ebusiness/busmodel.html Prudens]</ref><br />
+'''e-Business Model (Figure 4.)'''<ref> The [[e-Business Model]] [http://www.prudens.com/patens/ebusiness/busmodel.html Prudens]</ref><br />
 The e-Business model, like any business model, describes how a company functions; how it provides a product or service, how it generates revenue, and how it will create and adapt to new markets and technologies. It has four traditional components as shown in the figure, The e-Business Model. These are the e-business concept, value proposition, sources of revenue, and the required activities, resources, and capabilities. In a successful business, all of its business model components work together in a cooperative and supportive fashion.

@@ Line 1: / Line 1: @@
-e- [[Strategy]] or e-[[Business]] Strategy is the business use of the [[Internet]]. The “use” results in a “business benefit” such as higher revenues, reduced costs or reaching an underserved [[market]]. “Internet” includes all technologies and applications enabled by the Internet.
+'''e-Strategy''' or '''e-Business Strategy''' is the [[Business|business]] use of the [[Internet]]. The “use” results in a “business benefit” such as higher revenues, reduced costs or reaching an underserved [[market]]. “Internet” includes all technologies and applications enabled by the Internet.
-e-Strategy is an iterative [[process]] to create and/or modify an [[organization]]'s business [[model]] for eBusiness:
+e-Strategy is an iterative [[process]] to create and/or modify an [[organization]]'s [[Business Model|business model]] for eBusiness:
-*It is a process not a point in time event
+*It is a [[Process|process]] not a point in time event
 *It is iterative - success comes after multiple - do and learn – cycles
-*The key is the creation/modification of the business model not designing websites to address business requirements
+*The key is the creation/modification of the business model not designing [[Website|websites]] to address [[Business Requirements|business requirements]]
 **The former focuses on the business
 **The latter focuses on integrating emerging technology; that is the purview of [[IT_Strategy_(Information_Technology_Strategy)|IT Strategy (Information Technology Strategy)]]
-*e-Strategy sets direction for the entire organization
+*e-Strategy sets direction for the entire [[Organization|organization]]
 **It is one and the same as the "business" strategy. If one must, then eStrategy is a subset of business strategy
-**It is not "IT Strategy" for the internet. Much like business strategy drives [[IT_Strategy_(Information_Technology_Strategy)|strategic planning for information technology]], eStrategy drives the [[IT_Strategy_(Information_Technology_Strategy)|IT Strategic Plan]]
+**It is not "[[IT Strategy (Information Technology Strategy)|IT Strategy]]" for the internet. Much like [[Business Strategy|business strategy]] drives [[IT Strategic Planning|strategic planning for information technology]], eStrategy drives the IT Strategic Plan
-**eBusiness affects the entire organization so the focus of eStrategy is on the entire business not on creating a new [[distribution]] channel or creating a [[customer]] portal or targeting a new internet based market segment
+**eBusiness affects the entire organization so the focus of eStrategy is on the entire business not on creating a new [[Distribution Channel|distribution channel]] or creating a [[customer]] portal or targeting a new internet based market segment
 **e-Strategy focuses on creating maximum [[value]] not on creating revenues or reducing costs through the internet
 e-Strategy helps create [[shareholder]] value. In other words, it helps identify the "new" business model to compete in the "new" world that now includes the internet based ecosystem<ref>[https://cioindex.com/reference/what-is-estrategy/ What is e-Strategy]</ref>