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VMS3.info MANAGEMENT PERSPECTIVE

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Subject: May 2002 ECMgt.com: Netflix Analyzed via the Value Framework
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May 1, 2002 *4,300 subscribers* Volume 4, Issue 5
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Inside this Issue:


Business News via the Value Framework™ Lenses
Management Perspective

by Mitchell Levy, Author, E-Volve-or-Die.com, Author, the Value Framework™
Executive Producer, VMS3.info


VMS3.info News


MODEL: PROCESS

Handing Over the Keys to the IT Kingdom
Analysts told NewsFactor that some IT functions, such as desktop services, have become highly commoditized and offer little in the way of a differentiating factor for enterprise. Other functions and initiatives, they said, particularly cutting-edge technologies, require the specialized expertise that outsourcing can offer...

Author Says Retailers Get Better at Seamless Online, Offline Customer Service
In his book "Anytime, Anywhere," Seattle retail expert Robert Spector argues that brick-and-mortar stores are as important as ever, and the Internet joins the mail-order catalog, storefront and telephone as another channel that retailers must master to satisfy customers. "The challenge for companies is to deliver a consistent multichannel customer
service experience."

The Dangers of Outsourcing Customer Service
The case for outsourcing customer care can be stated easily, but Gartner Dataquest analyst Debashish Sinha told CRMDaily that "the idea that outsourcing will always save you money ... is not true." How does a corporate decision maker know when to hold projects and when to turn them over to outsiders?...

 

MODEL: TRANSACTIONS

Report: Search Engine Wars Heating Up
The search engine wars are heating up, with Google joining Yahoo! and MSN as leaders in the race for control of this important Web sector, according to a report released by Nielsen//NetRatings.

In-Skin Microchip Approved
Companies are allowed to market computer ID chips which can be embedded under a person's skin in the U.S., after the Federal Food and Drug Administration (FDA) gave the technology its qualified approval. The FDA said yesterday it would not block use of such devices as long as they contain no medical data.

Business' Killer App: The Web
No, this isn't Dot-Com Delusion Act II. It means adding a couple of points to profit margins -- and that's nothing to deride these days

MasterCard to stop third-party transactions Services such as PayPal could be hurt
A new rule by MasterCard could crimp online commerce by stopping merchants from taking credit card payments via third parties, such as popular PayPal, USA TODAY has learned.

 

MODEL: PARTICIPANTS

Amazon, Borders Ink In-Store Pickup Deal
Amazon.com has announced the expansion of its year-old partnership with Borders Group, in which Amazon operates the Borders.com Web site. Now, customers who buy certain books, music and movies through the e-tailer will be able to pick up their purchases in Borders stores nationwide.

Islanders put their faith in another kind of Net
Online: Hoping to market their specialty on the Internet, residents team to form a co-op to sell the blue crabs they catch and the crab meat they pick.

You Too Can Be a Radio Station
Streaming media outfit RealNetworks Inc. launched a turnkey subscription solution that it plans to market to companies as a "customizable, revenue-generating business solution" through its Real Broadcast Network content delivery network.

 

STRATEGY DEPLOYED

Five E-Commerce Trends To Watch
The seeds of the trends now taking hold in e-commerce were planted in the industry's early days, long before the shakeout began. But only now
are they starting to point the way clearly toward the future of e-commerce...

BroadVision Goes Wireless
BroadVision has launched software that adds mobile support to its self-service CRM applications. "This wirelessly enables the BroadVision Web site and extends the site to many more touch points," Carol Greenstreet, company vice president of product marketing, told Wireless NewsFactor.

SAP Ties Future to Collaborative Applications
SAP is once again preaching interoperability. The latest message
comes as it folds its SAP Portals and SAP Markets divisions into the
main body of the company. The goal is to use application connector
interfaces and Web services technologies to integrate back-end SAP
applications and non-SAP applications together, and then present them
via the SAP Portal interface.

 

STRATEGY: MANAGED

GM shifts gears
Many automotive companies are rethinking their e-business initiatives, especially when it comes to online retailing. For its part, General Motors has rolled its dedicated e-business group, eGM, back into its regular business units, although it claims that's a sign that e-initiatives are now a part of everyday business.

Will E-Commerce Ever Beat the 1 Percent Problem?
The Internet accounts for just 1 percent of total U.S. retail sales, according to the U.S. Department of Commerce, and is not expected to grow beyond 5 percent of the total in the foreseeable future. As sales channels continue to intermingle, however, the Internet will influence more offline sales...

CIO Role
As IT becomes a primary driver of business strategy and profits, it makes sense to put the CIO in charge of the company's supply chain.

E-BUSINESS ECOSYSTEM: At Financial Risk
In business, as in life, there's no reward without a risk. However, getting visibility into risk scenarios and their impact on the enterprise doesn't have to be a matter of guesswork. In verticals like financial services and energy, companies are increasingly using e-business software to extract and store data as a foundation for modeling future outcomes. Although there's no crystal ball for risk, e-business could be letting the enterprise predict, rather than react to, changing variables.

How Much Is Too Much To Spend on E-Commerce?
A couple of years ago, money was no object when it came to e-commerce technology spending. Now, Giga Information Group analyst Andrew Bartels told the E-Commerce Times, "The realization has sunk in that while B2C sales are growing and will continue to grow, they will not take over the retail world..."

 

STRATEGY: EVOLVED

The World Map of E-Commerce
Where's hot and where's not in terms of global e-commerce growth? Experts told the E-Commerce Times that regional e-commerce reach seems to correlate closely with affluence and education -- but that first-world status by no means guarantees first-place uptake.

Furniture.com Returns from Dot-Com Graveyard
More than 18 months after becoming a symbol of the sharp rise and spectacular fall of many pure-play e-commerce ventures, Furniture.com is poised to return from the dead under new ownership with a new business model.

Web is the future for business
Business use of the web is about to get serious. The next two years will see businesses start to remake the software they use to run their organisations as they start to put the net at the heart of everything they do, says a report by consultancy PricewaterhouseCoopers.

 

About the Author:

Mitchell Levy, is President and CEO of ECnow.com (http://ecnow.com), an e-commerce management consulting company helping start-up, medium and large enterprises transition its employees, partners and customers to the Internet age through strategy, marketing, and off-the-shelf and customized on-line and on-ground training. He is the author of E-Volve-or-Die.com (http://e-volve-or-die.com), author of the Value Framework (http://ecnow.com/value), Executive Producer of VMS3.info (http://VMS3.info), an on-line E-Commerce Management (ECM) eZine, Chair of comdex.biz at Comdex Fall and the Founder and Program Consultant of the premier San Jose State E-Commerce Management Certificate Program (http://ecmtraining.com/sjsu), Chairman of the Pay-per-Performance PR Agency Media Attention Now TM (http://ecnow.com/mediaattention), the on-line learning content production company Transition Learning (http://transitionlearning.com) and the CEO Networking organization CEOnetworking (http://ceonetworking.com). Mitchell was at Sun Microsystems for 9 years, the last 4 of which he managed the e-commerce component of Sun's $3.5 billion supply chain. Mitchell is a popular speaker, lecturing on ECM issues throughout the U.S. and around the world.

Read more about Mr. Levy: http://ecnow.com/ml_bio.htm
Public speaking appearances I've given: http://ecnow.com/speaking.htm
Read about ECnow.com's media coverage: http://ecnow.com/media

 

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