My first written thought of exploring the wide ranged and overrated mind concept dwelling inside my head.
This is the beginning of the wide span of knowledge which I would like to share…

Here It goes…

I’m taking a new class on my way going for the MM.
well the class is E-Business Strategy.
which we already know..
The concept of E-business is no longer a stranger phenomenon in business reality.

It’s been awhile. .
thinking the potential of e-commerce adding the business value of our company or solely.. for your own beneficial.

The company that I works for actually runs on financial services.  Thus services referred are specifically defined as a leasing company. A service which provides lending product for customers by providing credits payment for the whole or sum value of the product until the extent term of contract meet the end of the agreements.

It’s not that our company hasn’t extends their business in the internet.
They are also fully aware for the potential internet has given now and the future.  For this acknowledgments,they constructed a web based application which would further gave the company extended value in customers eyes.

But that was it all..

As process and time goes.. this web will certainly eventually meet the end of their agreements.

As I were saying.. Lack of awareness in business development and strategy wouldlikely to be a potential problems  for the company.
The extent of technology involving in the business process of this type of company by considering the right E-Business Strategy …
I would like to say is ..

- LIMITLESS -

A few leads thought of inspiration how technology would actually help the company :

  • Cheaper Marketings Cost
  • 24 hour around the Globe availability
    (access for more potential prospectious)
  • NEW Services for the customers ( delivers informations, offerings, getting faster feedback and giving direct feedback, Q&A, source of market research,etc)
  • Big support and Encouragement in trust of the company
    (which is a very important value in financial services )
  • New Market Segmentation
  • New B2B and B2C or even a C2B concept business
  • and other.. well u can figure it out.. it’s not that hard.

Thou the level of expectation are high with limited sources, obstacle will be abundant. Nevertheless.. High risk also a potential High in returns.
Inevitably there  will be a lot of considering to implement a new Concept of e-commerce compared to the already running projects.

This project needless to say would takes years  to implements. a lot of testing and Quality controls needs to be done.
carefully planned and executed phase by phase which eventually causing the evolution of the company itself.

My major concern would involved : SECURITY

Security perdicament in internet has been a very crucial.
Information are getting more valueable and easier to get than it was before.

The spreads of access could be an advantage to certain people with certain intention and endanger the company and its stakeholders.

This is of course doesn’t yet involved online transactions.
Would you like to imagine if u have those kind of access. hehe..
Well let just say sometime it came across my mind once in a while..