ADAPT OR DIE Survival of the Fittest

Author: Klaus E. Heinrich (
Publisher:
Publish Date: 2005-09-01
Features: The theme of this book is to elaborate on the transformations brought about by the internet and supporting technologies in industries related to the value chain. In these industries, the operations of companies within the value chain are coordinated to form a business network that meets various customer needs. With the impact of technological changes on the economy, many industries have adopted network structures or are undergoing this fundamental transformation. The ongoing changes primarily include: companies within the business network can easily access all information of other companies; the improvement of process automation and the enhancement of intercompany relationships increase response speed and reduce costs; the reduction of transaction costs streamlines company processes and increases task outsourcing; and the provision of more accurate and timely information about customer behavior. All these trends enable businesses to form a new paradigm—adaptive business networks. This book elaborates on the concept of adaptive business networks, how to build such networks, and the benefits they bring. By introducing the concept of adaptive business networks, companies can focus on and leverage the various trends reshaping businesses, thereby enhancing their competitiveness.