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Blown to Bits: How the New Economics of Information Transforms Strategy

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Title: Blown to Bits: How the New Economics of Information Transforms Strategy
by Philip Evans, Thomas S. Wurster, Jeff David
ISBN: 1-56511-445-0
Publisher: HighBridge Company
Pub. Date: 28 December, 2000
Format: Audio CD
Volumes: 2
List Price(USD): $24.95
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Average Customer Rating: 3.8 (64 reviews)

Customer Reviews

Rating: 2
Summary: Fairly simple premise
Comment: The premise of the book seems like old news already: the Internet is changing the dynamics of business and organizational power. The models which the authors offer are helpful, but fairly elementary for those who have read other business books or articles about the Internet.

Yes, the economics of information is different from the economics of things (with physical inputs like capital, and labour) but most of the examples cited in the book are not new: Dell Computer, Charles Schwab, and Sabre on-line reservation systems.

As one of the other reviewers mentioned, it is perhaps better to scan it while in a bookstore.

Rating: 5
Summary: A Collision of Irresistible Forces Creates Opportunity!
Comment: Unlike most e-commerce books that focus on the best practices of the last 2-5 years, Blown to Bits is a book about corporate strategy as it relates to the implications of e-commerce. Although I have read many e-commerce books, this is the first one that I have found that addresses strategy questions in their broadest implications. Other books on the subject tend to focus more narrowly. I had heard the term "deconstruction" before reading this book, but was not quite sure what it meant. Now I know that this is the process of taking vertical value chains apart. To me, the most important insight in the book related to navigation as a value-added activity for e-commerce customers. The Web is obviously going to keep growing very rapidly, and we will all need more and more help to get to the right places on it. The navigators will be very powerful, as that problem increases. For those who want how-to information for starting up an e-commerce business, this is not the book for you. Instead, you should read Customers.com and keep up with Patricia Seybold's Web site. If you want to know what is working well now, surfing the Web is a good alternative. Those who are most likely to get benefit from this book are larger companies who are doing little with e-commerce now, and start-ups who are thinking through their strategies of which markets to pursue. In either case, the book is well-written and easy-to-read.

Rating: 1
Summary: Internet Hype
Comment: The authors must be embarrassed. But they are probably too busy on their next bogus book full of more mananagement consulting buzzspeak and claptrap.
"Blown to Bits"?--perhaps they were referring to the bursting of the Internet bubble??

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