The document discusses the emergence of digital firms. It defines a digital firm as one where digital networks enable relationships with customers, suppliers, and employees; core business processes are accomplished through digital means; and key assets are managed digitally. Examples are provided of how Toyota, UPS, and an insurance underwriter have transformed into digital firms by implementing digital technologies like design collaboration networks, package tracking systems, and redesigned digital work flows.

1. Managing Digital Firm Presented By:- ParakhiyaVasantkumar 11/5/2009 STALLION'S 1

2. 11/5/2009 2 STALLION'S Four powerful worldwide changes that have altered the business environment: Emergence of the Global Economy Transformation of Industrial Economies Transformation of the Business Enterprise The Emerging Digital Firm

7. Core business processes accomplished via digital networks

8. Digital management of key corporate assets

10. Seamless flow of information within the firm, and with strategic partners

11. Core business processes accomplished using digital networks

13. Book says: “all significant business processes and relationships with customers, suppliers, and employees are digitally enabled, and key corporate assets are managed through digital means”

15. 56 Plants 25 Countries 1000 Suppliers Design Collaboration: Design Engineers of different Plants and suppliers comes together through network Testing of the design for manufacturability on a global basis 11/5/2009 STALLION'S 10 Tends to Digital Firm- Toyota

16. Conti…… Production Support software: Plan of assembly sequence After having the fit between design, production plan and factory-floor, specifications of new car model is transmitted to SCM New model launching period reduces to 7-8 months instead of years Vision : Able to apply order-to-delivery program 11/5/2009 STALLION'S 11

17. UPS –package distribution company Delivers 136 lacks of parcels and documents around the globe Barcode on the package DIAD Device/ Handheld computer in vehicle for Scanning the parcels DAID Device keeps delivery data Up to date Which receives query from central server through cellular Network 11/5/2009 STALLION'S 12

18. Conti… Cellular network connect to internet Through UPS Website receiver can know the time of delivery, current location, Route etc. System used: Package tracking system 11/5/2009 STALLION'S 13

19. 11/5/2009 STALLION'S 14 Redesigned Work Flow For Insurance Underwriting

20. 11/5/2009 STALLION'S 15

21. 11/5/2009 STALLION'S 16

23. Digital firm

24. Business relationships with customers, suppliers, and employees are digitally enabled

25. Core business processes are accomplished through digital network

26. Business process:

27. The set of logical related tasks and behaviors

29. Core assets are managed thru digital means

30. Intellectual property

31. Core competence

33. Time shifting

34. Business conduct continuously

35. 24x7

36. Space shifting