Digital Capital: Harnessing the Power of Business Webs - Hardcover

Tapscott, Don; Lowy, Alex; Ticoll, David

Hardcover

ISBN 10: 1578511933 ISBN 13: 9781578511938

Publisher: Harvard Business Review Press, 2000

Synopsis

This work demonstrates how readers can become part of a business web- a group of businesses that work towards a unified goal. Such webs are replacing the traditional business structure to create wealth.

About this title

Review:

God forbid that doing business and making money on the Internet should bear any resemblance whatsoever to the past millennium of bricks-and-mortar capitalism--that would be too easy. Nope, it's a whole different ball game now, and the new rule is: adapt or die. At least that's the message behind Digital Capital. From the three principal cyberconsultants at the Alliance for Converging Technologies (one of whom, Don Tapscott, authored the bestsellers The Digital Economy and Growing Up Digital), comes a paradigm for global takeover: the business web, or "b-web" for short. In their words, b-webs are "strategically aligned, multi-enterprise partner networks of producers, suppliers, service providers, infrastructure companies, and customers that conduct business communication and transactions via digital channels." Some examples are eBay, Cisco, Dell, MP3.com... in short, any enterprise that a) knows how to form lateral partnerships with other goods-or-service providers, and b) eliminates the role of planes, trains, and automobiles--not to mention lots of time, money, and human energy--by doing almost everything over the Internet. Not only do the authors provide a wealth of b-web case studies (including Charles Schwab, Priceline.com, Webvan, AT&T Solutions, and OptiMark in addition to those mentioned above), they outline a step by-step process for weaving a b-web of one's own.

Too often, Digital Capital's sound ideas come marinated in think-tank jargon so alienated from plain English as to be nearly impenetrable. Consider: "Disaggregation leads to 'disintermediation' and 'reintermediation'," which, believe it or not, isn't a line that French film theorists use in pick-up bars, but the simple statement that business webs manage to cut out a lot of the traditional steps between producers and customers. Now why couldn't they just have said that? No matter. After you nibble through the self-important MBA-speak, you'll find a smart look at how online shops are rewiring early 21st-century capitalism. --Timothy Murphy

About the Author:

Don Tapscott is an internationally renowned speaker and the bestselling author of The Digital Economy and co-author of Blueprint to the digital Economy, Paradigm Shift, and Who Knows. He is chairman of the Alliance for converging Technologies which represents the collaborative effort of ca. 40 of the world's leading technology, manufacturing, and retail organizations. He is also the president of the New Paradigm Learning Corporation.

Alex Lowy is Managing Partner of the Alliance for Converging Technologies, is a consultant, speaker, author, and creative thinker of the issues of technology and business.

About this edition

• Publisher: Harvard Business Review Press
• Publication date: 2000
• ISBN 10: 1578511933
• ISBN 13: 9781578511938
• Binding: Hardcover
• Number of pages: 320