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The Facts Figures Volatility - Fortune 500 1970 - 80 32% Gone 1980 - 90 47% Gone 1990 - 98 54% Gone Information Driven Enterprise Ideal Corporate in 21st Century What Is Business Ecosystem? What’s Your Position? Success Stories Competitive Advantage is based on the Speed of Changes Financial Services Ecosystem Cost Per Transaction Critical Survival Factors Cost Saving Productivity Improving Knowledge/Information Sharing Competitive Advantage Gaining Customer Retention/Satisfaction Business Drivers vs. Business Model What changed? The market, the customers and the competition have changed 企业信息化后, the traditional services have been re-defined IT technology will be a key differentiator The Computing Environment - First generation: the mainframe The Computing Environment - Second generation: client-server The Computing Environment - And now: the Networked Society 信息化 Enterprise Where did D go? The D has been internalized Sears BuildNet So, what is our value proposition, as a company, not just as an application vendor? Matching the Fortune 500 worldwide company list established for the first time in 1955 by Fortune Magazine with today’s list demonstrates that 70% of the original leaders simply disappeared. The same exercise with the 1979 list shows that 40% of the leaders disappeared in just 18 years. Some of them went into bankruptcy, others were merged or acquired. But most of them have been displaced by companies with better business processes. 109 In reality, a business ecosystem is equivalent to an extended enterprise. In this kind of environment, a company would be able to integrate its JIT backend operations on the supply side with its front-end BTO process on the demand side, and finally leverage LVM to secure long-term and recurring relationships for loyalty and repeat business purposes. This is really the holy grail of every company’s business objective. But historically, if any of these three sets of business optimizations were ever done,
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