Previously untapped research expertise in these countries may end up benefiting patients worldwide. He says that for companies to thrive, they must give as much strategic thought and planning to their dot-com presence as they do to their more earthbound operations. But they need to consistentenly execute their plans faster than ever before. This can cause companies to skimp on a comprehensive strategy in their haste to get online. But most managers have no idea how to proceed.
Strategic vision is the tough one.
The Net is evolving at such a dizzying pace that it s nearly impossible to work towards a single goal. He suggests companies look at their Net operations as a continuous cycle that melds current and experimental business models. For instance, the Web allows corporations to reduce costs under their current business model. However, it also creates new models, such as Web-based MP3, which provides music on demand, leaving the big record companies scrambling. A business strategy that fails to recognize the Net is destined to fail.