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Virtual Enterprise Networks VENs

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Then we heard 'future competition will not be among individual companies... Professor Marco Iansiti, Harvard Business School ... – PowerPoint PPT presentation

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Title: Virtual Enterprise Networks VENs


1
Virtual Enterprise Networks (VENs) A Practical
Approach for helping companies collaborate
Ken Thompson
2
The evolution of business competition
It used to be competition between companies
(vertical integration)
Then we heard future competition will not be
among individual companies... shareholder value
will be determined by competitiveness of supply
chains Professor Arjan J. van Weele, Eindhoven
University
Now we hear future business competition will
not be between companies or even supply chains
but between networks Professor Marco Iansiti,
Harvard Business School
3
What is a Virtual Enterprise Network (VEN)
  • A way for businesses to achieve virtual scale
    enabling them to operate as if they had more
    resources and capacity than they actually have
  • Allowing them to operate with all the resources
    and reach of a large enterprise but without
    sacrificing their speed, agility and low
    overheads
  • Enabling them to compete for bigger more
    profitable contacts with higher innovation and
    design elements with bigger customers who are
    prepared to have strategic partnerships with
    their suppliers

4
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
5
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
6
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
7
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
8
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
9
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
10
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
11
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
12
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
13
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
14
The 10 Foundations of a Virtual Enterprise Network
The Ten Magic Ingredients of a Virtual Enterprise
Network
15
The Ten Magic Ingredients of a Virtual Enterprise
Network
16
The Ten Magic Ingredients of a Virtual Enterprise
Network
17
The Ten Magic Ingredients of a Virtual Enterprise
Network
18
The Ten Magic Ingredients of a Virtual Enterprise
Network
19
The Ten Magic Ingredients of a Virtual Enterprise
Network
20
The Ten Magic Ingredients of a Virtual Enterprise
Network
21
The Ten Magic Ingredients of a Virtual Enterprise
Network
22
Ten Magic Ingredients of a Virtual Enterprise
Network
Network Collaboration System, Business
Applications and Public Web Site,
Network leaders, architects, brokers, coaches and
technology support are all critical plus clear
and appropriate accountabilities for each member
Processes includes virtual meetings, issue
resolution, teleconferences and collaborative bid
development
Each company explicitly states its capabilities
which aggregate into the networks collective
capabilities
An agreed Set of "Ground Rules" form the basis
for all member participation. Company Board and
Operational Meetings provide Governance and
Oversight.
Single Market Identity Purpose
The Network is not usually a legal trading entity
but has a single consistent identity to the market
Core Support Partners
Critical Mass of senior players from suitable
member companies with complimentary capabilities
The network is always looking for suitable new
members and associates to extend its collective
capabilities
Networks need support to help them to win their
1st collaborative contracts
Innovation Partners include universities, rd
labs, corporates and European Project Partners
23
Invest NI Co-operation Ireland InterTradeIreland
NMEA CforC Louth Co. Enterprise
OnlineNI QUESTOR QUB University of
Ulster DKIT Newry Kilkeel Inst.
Des Durkan, Director - AllClear Env. Founding
Network member
Felix OCallaghan Director - OSS Network Broker
24
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