Managing Digital Firm

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  • 1. Managing Digital Firm
    Presented By:-
    ParakhiyaVasantkumar
    11/5/2009
    STALLION'S
    1
  • 2. 11/5/2009
    2
    STALLION'S
    Four powerful worldwide changes that
    have altered the business environment:
    Emergence of the Global Economy
    Transformation of Industrial Economies
    Transformation of the Business Enterprise
    The Emerging Digital Firm
  • 3. 11/5/2009
    STALLION'S
    3
    Fourth Change: Emergence of the Digital Firm
    • We talk about digital firms in this class. The book doesn’t provide a definition of “digital” and it should. Basically, digital firms use digital networks throughout their processes. Digital networks send digital information across them.
    • 4. For purposes of understanding what it is to be a digital firm, please consider the definition on the following two slides.
  • 11/5/2009
    STALLION'S
    4
    Digital Defined:
    Digital describes electronic technology that generates, stores, and processes data in terms of two states: positive and non-positive. Positive is expressed or represented by the number 1 and non-positive by the number 0. Thus, data transmitted or stored with digital technology is expressed as a string of 0's and 1's. Each of these state digits is referred to as a bit (and a string of bits that a computer can address individually as a group is a byte).
  • 5. 11/5/2009
    STALLION'S
    5
    Digital definition continued:
    • Prior to digital technology, electronic transmission was limited to analog technology, which conveys data as electronic signals of varying frequency or amplitude that are added to carrier waves of a given frequency. Broadcast and phone transmission has conventionally used analog technology.
    • 6. Digital technology is primarily used with new physical communications media, such as satellite and fiber optic transmission. A modem is used to convert the digital information in your computer to analog signals for your phone line and to convert analog phone signals to digital information for your computer.
  • 11/5/2009
    STALLION'S
    6
    Emergence of the Digital Firm
    • Digitally-enabled relationships with customers, suppliers, and employees
    • 7. Core business processes accomplished via digital networks
    • 8. Digital management of key corporate assets
    • 9. Rapid sensing and responding to environmental changes
  • 11/5/2009
    STALLION'S
    7
    Emergence of the Digital Firm (Continued):
    • Quick sensing and responding to environmental changes
    • 10. Seamless flow of information within the firm, and with strategic partners
    • 11. Core business processes accomplished using digital networks
    • 12. Digital management of key corporate assets
  • 11/5/2009
    STALLION'S
    8
    To Be a Digital Firm
    • Truly digital firm is one that uses Web and Internet-based tools and protocols to create a firm without media breaks
    • 13. Book says: “all significant business processes and relationships with customers, suppliers, and employees are digitally enabled, and key corporate assets are managed through digital means”
    • 14. That is extreme. Subset of digital firm is electronic business that reduces media breaks and uses those tools and protocols
  • Benefits of IS
    Faster & Paperless work
    CB, Purchase Pattern
    ATM, Air Terminals
    Medical Advances
    E-Business & E-Commerce
    Negative side of IS
    Eliminate Jobs
    Violation of Privacy
    Crippled without IS
    Techno stress
    Illegal selling
    11/5/2009
    STALLION'S
    9
    Impact of IS
  • 15. 56 Plants
    25 Countries
    1000 Suppliers
    Design Collaboration: Design Engineers of different Plants and suppliers comes together through network
    Testing of the design for manufacturability on a global basis
    11/5/2009
    STALLION'S
    10
    Tends to Digital Firm- Toyota
  • 16. Conti……
    Production Support software: Plan of assembly sequence
    After having the fit between design, production plan and factory-floor, specifications of new car model is transmitted to SCM
    New model launching period reduces to 7-8 months instead of years
    Vision : Able to apply order-to-delivery program
    11/5/2009
    STALLION'S
    11
  • 17. UPS –package distribution company
    Delivers 136 lacks of parcels and documents around the globe
    Barcode on the package
    DIAD Device/ Handheld computer in vehicle for Scanning the parcels
    DAID Device keeps delivery data Up to date
    Which receives query from central server through cellular Network
    11/5/2009
    STALLION'S
    12
  • 18. Conti…
    Cellular network connect to internet
    Through UPS Website receiver can know the time of delivery, current location, Route etc.
    System used: Package tracking system
    11/5/2009
    STALLION'S
    13
  • 19. 11/5/2009
    STALLION'S
    14
    Redesigned Work Flow For Insurance Underwriting
  • 20. 11/5/2009
    STALLION'S
    15
  • 21. 11/5/2009
    STALLION'S
    16
  • 22. 11/5/2009
    STALLION'S
    17
    • The emerging digital Firm
    • 23. Digital firm
    • 24. Business relationships with customers, suppliers, and employees are digitally enabled
    • 25. Core business processes are accomplished through digital network
    • 26. Business process:
    • 27. The set of logical related tasks and behaviors
    • 28. Order, customer service
  • 11/5/2009
    STALLION'S
    18
    • Digital Firm
    • 29. Core assets are managed thru digital means
    • 30. Intellectual property
    • 31. Core competence
    • 32. Financial & human resources
  • 11/5/2009
    STALLION'S
    19
    • Sense and response to their environment rapidly
    • 33. Time shifting
    • 34. Business conduct continuously
    • 35. 24x7
    • 36. Space shifting
    • 37. Work take place in a global workshop
  • 11/5/2009
    STALLION'S
    20