| Existing strategy models do not work well for businesses that
have a mix of traditional and eBusiness components. These hybrid businesses are often
referred to as "bricks and clicks", or "mouse-and-mortar" companies.
The Core Business Model was developed as a comprehensive eBusiness strategy model to
overcome the limitations of the existing models. It focuses on the development of a
sustainable, competitive advantage in the Internet economy. The model was the result of a
study that was started because the current models don't appear to work in the new bricks
and clicks or mouse and mortar models.
The model was researched and developed by a group of experts from the Government of
Alberta, the University of Alberta, and a number of respected eBusiness practitioners such
as Voxcom Security and Acton Consulting.
The development of the Core Business Model strategy will be explored in depth in this
course. |
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| Strategic Planning |
| Strategic planning is the process of developing and enhancing sustainable competitive
advantage. Why develop strategy? This course focuses on the development of strategy.
However, you also need a performance management
approach to support the execution of your strategy. |
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