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Title: Digital Capital: Harnessing the Power of Business Webs by Don Tapscott, David Ticoll, David Ticoll, Alex Lowy ISBN: 1-57851-193-3 Publisher: Harvard Business School Press Pub. Date: May, 2000 Format: Hardcover Volumes: 1 List Price(USD): $27.50 |
Average Customer Rating: 4.67 (36 reviews)
Rating: 4
Summary: The last two sections could have been more in depth.
Comment: I selected this book from the reading list of my e-commerce class in BUS 240 at California State University, San Jose. It seemed applicable to today's evolving business environment and relevant to what we have been learning in our MBA program. I found it to be a very encompassing and well written book. The authors broke it up into four distinct parts: Introduction, The New Models of Wealth Creation, The Human and Relationship Elements of Digital Capital, and Strategies for Business Webs. Each section is nearly capable of standing on its own. Some are more relevant to this class than others, but all are tied together in a coherent whole. Depending on who is reading the book, more may be gained from certain sections than from others. I personally learned something from each section or, at the very least, found myself thinking about the ideas presented in a new light.
Following the basic introduction, the book conducts an in depth examination of the five core business models for e-commerce. Through detailed examples, the reader gains tremendous insight into the theories that drive these models. This was an engagingly well organized presentation and left me with a firm grasp on how the various models operate. This is an excellent read for both current and potential managers.
The last two sections of the book were disappointing in that they were nowhere near as detailed or informative as the second section. The examples were minimal and the discussion relatively short. As I was reading them, I found myself asking for clarification on some points. Unfortunately, the authors did not provide it in this book. Not to say that these sections weren't good, because they were quite informative as far as a basic understanding of the concepts. The depth of coverage, however, left something to be desired.
Overall, this was a very good book, for both students and managers alike. Even managers of companies that have already entered the e-commerce market are likely to find valuable information within its pages. The business model descriptions and tours through existing companies to illustrate each were invaluable. However, I think they could have expanded upon the last two sections and given the reader some deeper insight into these concepts. I also would have liked some real world examples as illustrations. These sections were so short and the business model section so much longer and expansive, it almost seems as if the title is a bit inappropriate. Aside from that, I would highly recommend this book to anyone interested in learning more about the models and strategies behind companies today?s e-commerce world.
Rating: 4
Summary: Mature Structured View of e-Micro Economics
Comment: 'Digital Capital' offers startups, consultants, and educators a structured look at the micro-economics of b-webs (business webs utilizing Internet technologies).
The well-written, referenced, and structured chapters span in 4 parts:
++ 1- Introduction- value introduction through business webs.
++ 2- New Models of Wealth Creation- agoras, aggregations, value chains, alliances, and distributive networks.
++ 3- The Human and Relationship Elements of Digital Capital- people, and marketing.
++ 4- Strategies for Business Webs- how to weave a b-web, and harvesting digital capital.
Strengths include: the balanced dry (?unemotional) writing style; the excellent use of tables (perhaps best examples seen this year) and figures; the relative depth of the b-web framework and content (b-web strategy design, marketing, staffing etc..).
Unfortunately, about 25% pagecount reduction is possible for the content; and there are several technical errors (e.g. EDI not started in 90s, and Fraunhofer Institute is not just an industrial electronics research company, to name two). Also, perhaps links with formal micro-economic modeling would further strengthen the b-web framework (to this reviewer, it felt a bit MBA-made-up speak, at times (!)).
Overall, a useful mature look at the dynamic economics of b-webs in the global marketplace.
Rating: 5
Summary: Don Tapscott's Way... 'Clear Vision' & 'Great Thinking'
Comment:
Like his other books, this 'Digital Capital' will bring us to a new level of thinking about how Net-Economy will work and shape the world we've already known.
Tapscott's clear vision about 'digital money' will surely give us a higher perspective about what works and what doesn't work in this internet 'boom and bust' era.
One of the best Tapscott's book since 'Digital Economy'.....
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Title: Designing and Managing the Suppy Chain w/ Student CD-Rom by David Simchi-Levi, Philip Kaminsky, Edith Simchi-Levi ISBN: 0072845538 Publisher: Irwin/McGraw-Hill Pub. Date: 11 October, 2002 List Price(USD): $95.50 |
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Title: Creating Value in the Network Economy by Don Tapscott ISBN: 0875849113 Publisher: Harvard Business School Press Pub. Date: May, 1999 List Price(USD): $29.95 |
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Title: Instant Advantage.com Winning Strategies for the Online Economy by Steve Kirchoff, Stephen Mendonca ISBN: 0130179086 Publisher: Prentice Hall PTR Pub. Date: 15 December, 2000 List Price(USD): $39.99 |
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Title: Dynamic E-Business Implementation Management: How to Effectively Manage E-Business Implementation by Bennet P. Lientz, Kathryn P. Rea ISBN: 0124499805 Publisher: Academic Press Pub. Date: July, 2000 List Price(USD): $47.95 |
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Title: Internet Law and Business Handbook: A Practical Guide by J. Dianne Brinson, Mark F. Radcliffe ISBN: 0963917331 Publisher: Independent Publishers Group Pub. Date: August, 2000 List Price(USD): $44.95 |
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