Professional Documents
Culture Documents
E Business Strategy
E Business Strategy
Group Members:
Mubashir Hayat 12
Saif Ullah 08
Hazrat Bilal 00
Fazlur Rehman 11
Asad Ullah 00
Submitted To:
• Evaluation Process
• Organizational Control And Evaluation
• Financial Evaluation
• Technology Evaluation
• HR Evaluation
• Website Evaluation
• Business Model Evaluation
• E-Business Strategy Evaluation
EVALUATION PROCESS
• Evaluation:
“ The making of a judgement about the amount, number, or value of something; assessment”.
Evaluation Process:
After implementation, the strategic process includes the evaluation of
the performance of the chosen strategy. The actions that are implemented need to be
monitored, assessed and evaluated to determine the effectiveness and efficiency of the
strategy (Coulter, 2002). The evaluation should reveal whether or not the organization’s
strategy is achieving the stated objectives. The most common feature of evaluation is
comparing set targets with performance achieved.
Feedback
Maintain The
Status Quo
Feedback
ORGANIZATIONAL CONTROL AND
EVALUATION
• Organizational Control:
“Organizational control is a systematic process that allows
managers to regulate internal activities and match their performance with set targets”.
Anticipates and
Solves problems Solves problems
pre-empts problems
as they occur after they occur
• Feedforward Control:
Feedforward control refers to controlling human,
material and financial resources flowing into the organization. The focus is
on anticipating problems.
For Example:
In e-recruitment where firms use the internet to set tests for
a large number of prospective employees. This filters the applicants’ skills,
qualifications and experience and reduces the number of final interviews
to manageable proportions. E-recruitment testing prevents problems
associated with the costs of administering and interviewing non-suitable
applicants.
• Concurrent Control:
“Concurrent control is another type of control
process. This type attempts to solve problems as they happen”.
For Example:
Concurrent control may focus on monitoring the activities of
employees to ensure that they consistently match set standards. The
monitoring of activities of operators in call centers is an example of
concurrent control.
• Feedback Control:
“ Feedback control is used as a basis for
matching actual performance against set targets”.
Balance Sheet:
The balance sheet is a financial statement that outlines the
organization’s financial position by focusing on assets and liabilities at a given point in time.
Three types of information comprise the balance sheet.
Assets
Liabilities
Owner Equities
INCOME STATEMENT:
The income statement is a summary of an organization’s financial
performance over a given period of time. This is sometimes referred to as
the profit and loss account.
PERFORMANCE APPRAISAL:
• It is a process of observation, evaluation, recording outcomes and
providing feedback to workers.
4)EVALUATING FEEDBACK FROM HUMAN
RESOURCE:
3. Reliability:
The performance of the hardware is constantly monitored and any
malfunctions noted.
4. Risk:
Technology in e-business plays a vital role in determining how successful
organization will be. The greater the benefits of installing a new technology
infrastructure the greater will be the associated risks
WEBSITE EVALUATION:
In e business it is the website that generates interest from customers and
drives the business model
The design and application of the website is of vital importance to
organization to engaged in e business and e commerce
There are some steps to develop a website which attract customers
To ensure the design which attractive to browsers, the design has to
capture the attention of users
The design has to be easily navigated , the user quickly move on
The website has to offer fast access to information required by internet
users
The website need to offer 24 hours access and security
• Overloading and overcrowding products and different brand promotions
can slow down the website processes and make the website more
complicated for customers to use
• This failing to establish a customer base
• Failing to attract new customers
• Losing loyalty of existing customers
FLETCHER ET AL (2004) WEBSITE DESIGN
PRINCIPLES:
• keeping graphs to a minimum
• Offering visual pictures of products
• Keeping the loyalty design simple
• Simplifying navigation
• Limiting or dispensing with banner advertisement
HOSTING:
Hosting is the physical location where an organization ‘s website is stored. There
are several options available to e businesses regarding hosting. Some are follows,
o Self hosting : the organization operates and manages the website;
o Co location: the organization operates and manages the website but physically
locates its systems in a hosting company’s facilitates’
o Dedicated hosting: the organization outsources the management of its system
and support activities to its third party;
o Shared hosting: similar to dedicated hosting except that the website resides on a
shared server;
HOSTING DECISION FACTORS WHICH ARE
RELEVANT TO THE WEBSITE PERFORMANCE
(PLANT 2000):
• Performance: the long term investment in systems
• Scalability: capability of a system to grow in size to service increasing
demand
• Availability: the capability for meeting a continuous demand
• Reliability: the technological robustness of a system
• Simplicity: ease of navigation and usability
• Integration: extent to which the systems are linked with other systems
• Security: protection against criminal or malevolent attacks
WEBSITES PERFORMANCE INDICATORS :
• The number of hits on website by potential customers;
• The length of time the potential customer stayed with the website;
• Which types of products or services viewed by the potential customers :
• The number of hits transformed into actual sales;
• The value of sales made;
• The types of products and services sold;
• The number of repeat customers;
BUSINESS MODEL EVALUATION:
Factors:
Factors that make evaluating an e-business strategy
distinct from evaluating the strategy of traditional firms. These
distinctions include:
• The need for a full understanding of the capabilities and attributes of the internet
when applied to business functions;
• The need to change the internet architecture in order to measure relevant
criteria;
• The need to clearly define business processes as a distinct E business activity;
• The need to recognize that workgroups do not operate in isolation, but have to
recognize their impact on other groups within a network organization;
• The need to recognize that the impact of the internet extends beyond the internal
environment.
FINAL PHASE OF E-BUSINESS STRATEGY:
• Becoming the technological leader in the industry sector (e.g. Apple’s strategy
for technological leadership in browser applications);
• Acquiring the best skills (Microsoft maintain their competitive advantage
partly through their ability to attract key workers with key skills);
• Setting profit targets (the phase of existing on investor goodwill has passed
and now more and more e-businesses set specific annual profit targets);
• Developing a range of new products or services (Yahoo! build their
business model around researching what customers want and delivering
it);
• Targets for customer satisfaction (US dot-coms have a benchmark of
80.8% set by the American Customer Satisfaction Index for e-commerce);
• Targets for delivery times of products (Tesco.com guarantee delivery
within set parameters).