References: * http://www.cnet.com/1990-11136_1-6278387-1.html - Top 10 dot-com flops * http://www.eweek.com/c/a/IT-Infrastructure/IBMs-Palmisano-Credits-Culture-for-Big-Blues-Success-834131/ * Flanagan‚ Patrick; (2010)‚ The ABCs of changing corporate culture; Management Review (p57) * Cresie‚ John (2005‚ 12) - CHANGING THE
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Hidden flaws in strategy Charles Roxburgh The McKinsey Quarterly‚ 2003 Number 2 After nearly 40 years‚ the theory of business strategy is well developed and widely disseminated. Pioneering work by academics such as Michael E. Porter and Henry Mintzberg has established a rich literature on good strategy. Most senior executives have been trained in its principles‚ and large corporations have their own skilled strategy departments. Yet the business world remains littered with examples of bad strategies
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inspiring journey to be a successful business executive. 2. Old-fashioned Visionary Had a clear vision about what the company would go in the future. Survived through the technological and Economic changes . 3. Master Strategist Acquired Dot com companies‚ integrated to his business to create placeholders in those categories. Jeffrey P. Bezos Born: 12 January 1964 Birthplace: Albuquerque‚ New Mexico. Graduated from Princeton University(1986) BS in Electrical and Computer Engineering
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Strategy and The Internet Michael E. Porter Harvard Business Review In this article‚ the author (Michael E. Porter)‚ explains his opinion on the use of the internet by organisations. He points out that both dot-coms and established companies have both‚ by way of competition‚ violated the core precept of strategy in businesses. Porter brings out the fact that companies focussed more on attracting more customers‚ via discounted channels‚ discounting and advertising‚ rather than having profit in
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2. Money exchange in return of products and/or services. 3. Began in 1995‚ 1st internet portals: netscape.com => new media (ads and sales). 4. Exponential growth curve => it is slowed down only in 2008 (to 16% annual growth!)‚ FYI: „dot-com” bubble burst in March‚ 2008. Companies were failed‚ yet many others not (i.e.: Amazon‚ eBay‚ Expedia‚ Google). 5. 1.4 billion people are connected in the world‚ 112 million go online per day‚ 97M send email a day‚ 71M use SE / day‚ 67M read a blog/day
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Singapore Management University Institutional Knowledge at Singapore Management University Research Collection School Of Economics School of Economics 8-2013 Testing for Multiple Bubbles 1: Historical Episodes of Exuberance and Collapse in the S&P 500 Peter C. B. Phillips Singapore Management University‚ peterphillips@smu.edu.sg Shu-Ping SHI Jun Yu Singapore Management University‚ yujun@smu.edu.sg Follow this and additional works at: http://ink.library.smu.edu.sg/soe_research
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Case Incident 2:A Diamond Personality Ask Oscar Rodriguez about the dot-com burst‚ and he may grin at you as if to say‚ “What burst?” Rodriguez‚ a 38-years old entrepreneur‚ owns an internet business that sells loose diamonds to various buyers. Business is booming. In 2004‚ Rodriguez had sales of $ 2.06 million- a 140 percent increase from 2003. Rodriguez’s database of almost 60‚000 available diamonds is one of the largest in the industry and is valued‚ according to him‚ at over $350 million
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played a leading role in the internet revolution. Market capitalization exceeded $500 billion in 2000. Cisco’s sales had crossed $18 billion and it boasted relationship with 600 VARs worldwide. The company’s sale took a hit after the telecom and dot-com crash in 2001. The company reported $1 billion loss in the same year. Due to the disaffection and dissatisfaction among the resellers the company was forced to review and revamp the go-to market strategy. Routers and Switches are the key components
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The Internet Paper Mrs. Elizabeth Labby The Internet Paper Even though the way individuals think will become something of the past‚ search engines will be human brains for the future. Consumed by many different types of computers and different places where information is gathered on the internet; the way of thinking for any individual will not exist in the future if society continues to head in the same direction. From the 1960’s many scientific and military personnel wanted to create a way
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of the Internet age‚ Amazon symbolizes the up-and coming philosophy of business strategy. It is the General Electric of our times‚ and Bezos is the Jack Welch. (Rao‚ 2011). One of the few winners of the dot-com bubble is Amazon. According to Johnson (2010) “Amazon survived the dot-com bust because it had a viable and innovative business model built around a market-changing customer value proposition and a radical profit formula‚ which upended the staid book industry.” (p. 1). Amazon’s strategy
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