Blown To Bits How The New Economics Of Information Transforms Strategy

Blown To Bits  How The New Economics Of Information Transforms Strategy

Now, say Evans and Wurster, the new economics of information is eliminating the trade-off between richness and reach, blowing apart the foundations of traditional business strategy.

Author: Evans


ISBN: 087584877X


Page: 261

View: 527

Richness or reach? The trade-off used to be simple but absolute: Your business strategy either could focus on "rich" information - customized products and services tailored to a niche audience - or could reach out to a larger market, but with watered-down information that sacrificed richness in favor of a broad, general appeal. Much of business strategy as we know it today rests on this fundamental trade-off. Now, say Evans and Wurster, the new economics of information is eliminating the trade-off between richness and reach, blowing apart the foundations of traditional business strategy. Blown to Bits reveals how the spread of connectivity and common standards is redefining the information channels that link businesses with their customers, suppliers, and employees. Increasingly, your customers will have rich access to a universe of alternatives, your suppliers will exploit direct access to your customers, and your competitors will pick off the most profitable parts of your value chain. Your competitive advantage is up for grabs. To prepare corporate executives and entrepreneurs alike for a fundamental change in business competition, Evans and Wurster expand and illuminate groundbreaking concepts first explored in the award-winning Harvard Business Review article "Strategy and the New Economics of Information," and present a practical guide for applying them. Examples span the spectrum of industries--from financial services to health care, from consumer to industrial goods, and from media to retailing. Blown to Bits shows how to build new strategies that reflect a world in which richness and reach go hand in hand and how to make the most of the new forces shaping competitive advantage.

Blown to Bits

Blown to Bits



ISBN: OCLC:765145711

Category: Information technology


View: 144

Categories: Information technology

The Digital Economy Anspruch und Wirklichkeit

The Digital Economy   Anspruch und Wirklichkeit

Davenport P H (1993) Process Innovation: Reengineering Work through Information Technology, Boston: Harvard Business School Press. Evans P, Wurster, TS (1999) Blown to Bits - How the new Economics of Information transforms Strategy, ...

Author: Katarina Stanoevska

Publisher: Springer-Verlag

ISBN: 9783642170324

Category: Business & Economics

Page: 482

View: 122

Als sich die Potentiale des Internets für die Wirtschaft abzeichneten, wurden von vielen Wissenschaftlern und Praktikern Anwendungsszenarien und Prognosen entwickelt, die sich mit den Auswirkungen des Internets auf die Wirtschaft beschäftigten. Wie hoch die damaligen Erwartungen waren, zeigten nicht zuletzt die Entwicklungen an den Weltbörsen. Stichwörter wie frictionless economy, disintermediation, virtual organizations, E-Learning und andere stehen stellvertretend für solche Voraussagen. In der Zwischenzeit ist eine weitreichende Ernüchterung zu beobachten. Dieses Buch versucht eine Bestandsaufnahme der digitalen Ökonomie. Die Erwartungen und Prognosen in Bereichen wie E-Commerce, E-Learning oder im Bereich virtuelle Organisation werden dem tatsächlich Erreichten gegenübergestellt. Es wird weiter ein Ausblick auf künftige Entwicklungen gegeben. Der Leser gewinnt so einen Überblick über den heutigen Stand der digitalen Ökonomie. Auf dieser Grundlage setzt ihn das Buch auch in die Lage, zukünftige Trends besser abzuschätzen.
Categories: Business & Economics

The Internet and the Mass Media

The Internet and the Mass Media

The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Boston, MA: Harvard Business School Press. ... Evans, P. and Wurster, T. S. (2000) Blown to Bits: How the New Economics of Information Transform Strategy.

Author: Lucy Küng

Publisher: SAGE

ISBN: 9781412947343

Category: Language Arts & Disciplines

Page: 182

View: 696

'This book analyses issues of the internet and mass media in a rapidly changing environment. It covers a wide range of fundamentals which will be in effect for a longer time, and reflects the benefits of international and interdisciplinary collaboration' - Professor Heinz-Werner Nienstedt, President European Media Management Education Association 'This excellent book will be of great use to researchers, teachers and students interested in the relationship between the Internet and the mass media and it offers an invaluable contribution to the literature. The overall picture that emerges from this book is one that is very balanced, stressing both the radical potential of the internet and the ways in which the various media sectors have experienced the impact differently' - Professor Colin Sparks, University of Westminster What impact has the Internet really had on the media industries? What new regulatory policies and business models are driven by the Internet? And what are the effects of the Internet on how we produce, access and consume music, film, television and other media content? After an initial flurry of analysis and prediction of the future of the dot com boom, this is the first book to review the developments of the first Internet era and investigate its actual outcomes. Bringing together sophisticated analyses from leading scholars in the field, The Internet and the Mass Media explores the far-reaching implications of the Internet from economic, regulatory, strategic and organizational perspectives. This cross-disciplinary, international view is essential for a rich, nuanced understanding of the many technological, economic, and social changes the Internet has brought to the way we live and work. This book will be essential reading for those who study, research or work in media, communication, journalism, media management, and arts administration.
Categories: Language Arts & Disciplines

Multikonferenz Wirtschaftsinformatik 2008

Multikonferenz Wirtschaftsinformatik 2008

... T. S. Blown to Bits: How The New Economics of Information Transforms Strategy. Boston, MA, USA: Harvard Business School Press, 2000 [Ma04] Malone, T. W. The Future of Work: How the New Order of Business Will Shape Your Organization, ...

Author: Martin Bichler

Publisher: GITO mbH Verlag

ISBN: 9783940019349

Category: Information technology

Page: 444

View: 648

Categories: Information technology

Future Success Factors of Finance Portals

Future Success Factors of Finance Portals

New Value Propositions due to Internet Strengths The Internet has the potential to replenish this wellspring of ... 1998 26 HARVARD BUSINESS SCHOOL PRESS: “Blown to Bits: How the New Economics of Information Transforms Strategy”, ...

Author: Axel Täubert


ISBN: 9783832454920

Category: Business & Economics

Page: 116

View: 547

Inhaltsangabe:Abstract: The title of this thesis might lead the cursory reader to the assumption that this is another one of countless academic works whose authors have overestimated the prospects of the Internet. However, this paper lays claim to be one of the early few that take a more rational approach to the subject by analyzing the realistic profit potential of online business models. Furthermore, future success factors for finance portals will be discussed and their respective value proposition thoroughly examined. Since the fast moving Internet hype has had to give way to an almost equally swift consolidation of the market, this will prove to be crucial information for any company of the finance industry. Additionally, when taking into account that the oncoming second wave of customers is to be divided amongst the remaining online players, the findings of this thesis will be of eminent relevance for any provider of a financial website. Towards the end of my internship with AOL I was asked to research the required success factors for finance portals as a basis for AOL s finance channel content strategy. Inexperienced Internet-users such as those of the Second Wave are likely to utilize the user-friendly and convenient service of AOL as an ISP. Therefore, it will be of vital importance for AOL to incorporate the above mentioned success factors within their service in order to increase the usage of its finance channel. At this point I would like to thank AOL, not only for the financial, but especially for the professional support, which both have simplified my task to a substantial degree as well as all others who have been kind enough to let me benefit from their knowledge in the field. Inhaltsverzeichnis:Table of Contents: 1.Incipience1 1.1Topic Introduction1 1.2The Second Wave of Customers3 1.3Methodology and Scope4 2.Definitions and Background Information6 2.1Definition of Finance Portals6 2.2Types of Finance Portals6 2.2.1Content Portals7 2.2.2Corporate Portals of Banks and Insurance Companies7 2.2.3Neutral Brokers and Intermediaries8 2.3Providers of Finance Portals8 2.3.1Providers from the Banking Sector9 2.3.2Providers from the Insurance Sector9 2.3.3Providers from the Near-Bank Sector10 2.3.4Providers from the Non-Bank Sector10 2.4Usage of Finance Portals11 2.4.1Technical Prerequisites11 2.4.2General User Information11 2.4.3Usage based upon Demographic Factors12 2.4.4Usage based upon Consumption Behavior and [...]
Categories: Business & Economics

Competing in the New Economy

Competing in the New Economy

91 Philip Evans and Thomas W. Wurster, Blown to Bits: How the New Economics of Information Transforms Strategy (Boston: Harvard Business School Press, 2000), x-xi. 92 See Thomas L. Friedman, “Next, It's Education,” New York Times, ...

Author: Thomas W. Bonnett

Publisher: Xlibris Corporation

ISBN: 1462831095

Category: Political Science

Page: 192

View: 632

Categories: Political Science

Digital Aboriginal

Digital Aboriginal

Blown to Bits: How the New Economics of Information Transforms Strategy. Boston: Harvard Business School Press, 2000. 17. “The center of a network is the most powerful place.” Kelly, Kevin, New Rules for the New Economy: 10 Radical ...

Author: Mikela Tarlow

Publisher: Hachette UK

ISBN: 9780759527652

Category: Business & Economics

Page: 288

View: 739

The Aborigine's view of the world suggests that all things are interconnected. Every relationship in turn influences every other relationship. Along these same lines, this book reveals how the modern-day business world organizes this unlimited range of possibilities and how readers can reorganize and redirect business plans merely by shifting marketing beliefs.
Categories: Business & Economics

Breakthrough Leadership in the Digital Age

Breakthrough Leadership in the Digital Age

Blown to bits: How the new economics of information transforms strategy. Boston, MA: Harvard Business School Press. 5. Stross, R. (2009, May 2). Encyclopedic knowledge, then vs. now. New York Times. Retrieved from ...

Author: Frederick M. Hess

Publisher: Corwin Press

ISBN: 9781452255491

Category: Education

Page: 188

View: 249

Reboot student learning the right way! Today’s most successful school leaders are truly “learning engineers”: creative thinkers who redefine their problems and design new ways to better serve kids’ success. Technology has a critical role, but it’s the creative reinvention of schools, systems, and classrooms that has to come first. In this powerful book, best-selling author and education policy expert Rick Hess and chief learning officer Bror Saxberg show you how to become your school's learning engineer. Using cutting-edge research about learning science as a framework, you’ll: Identify specific learning problems that need solving Devise smarter ways to address them Implement technology-enabled, not technology-driven, solutions
Categories: Education

Dynamic Economic Decision Making

Dynamic Economic Decision Making

Strategies for Financial Risk, Capital Markets, and Monetary Policy John E. Silvia ... Phillip Evans and Thomas S. Wurster, Blown to Bits: How the New Economics of Information Transforms Strategy (Cambridge, MA: Harvard Business School ...

Author: John Silvia

Publisher: John Wiley & Sons

ISBN: 9780470920510

Category: Business & Economics

Page: 400

View: 359

A comprehensive analysis of the macroeconomic and financialforces altering the economic landscape Financial decision-making requires one to anticipate how theirdecision will not only affect their business, but also the economicenvironment. Unfortunately, all too often, both private and publicsector decision-makers view their decisions as one-off responsesand fail to see their decisions within the context of an evolvingdecision-making framework. In Decision-Making in a Dynamic Economic Setting, JohnSilvia, Chief Economist of Wells Fargo and one of the top 5economic forecasters according to Bloomberg News and USAToday, skillfully puts this discipline in perspective. Details realistic, decision-making approaches and applicationsunder a broad set of economic scenarios Analyzes monetary policy and addresses the impact of financialregulations Examines business cycles and how to identify economic trends,how to deal with uncertainty and manage risk, the building blocksof growth, and strategies for innovation Decision-Making in a Dynamic Economic Setting details thereal-world application of economic principles and financialstrategy in making better business decisions.
Categories: Business & Economics