Opening the enterprise to encompass partners, suppliers, and customers. Connecting the new, expanded enterprise through a universal electronic medium. Aligning and integrating technology, strategic intent, processes, and human performance. In other words, most commerce will soon be eCommerce. At current projections, the electronic economy will overtake the industrial economy by the year 2003.
Consumers are increasingly open to conducting business electronically.
The regulatory environment has become cooperative and encouraging. The business value is compelling. Electronic commerce transcends geographic boundaries, cultural biases, and political differences. Educate government officials, top civil servants, and voters on the nature of the electronic economy. Cooperate internationally to regulate consumer protection and develop a priority list of network crimes and agreed punishments.