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- Herausgeber: Business Book Summaries
- Kategorie: Lebensstil
- Sprache: Englisch
The must-read summary of Grady Means and David Schneider's book: "Metacapitalism: The e-Business Revolution and the Design of 21st-Century Companies and Markets".
This complete summary of the ideas from Grady Means and David Schneider's book "Metacapitalism" shows that MetaCapitalism was the optimum design for the companies and markets of the twenty-first century which would be reshaped by the e-Business revolution. In their book, the authors explain how, if these companies had not changed their business models to align them with the imperatives of MetaCapitalism in time, they would most likely have been left behind permanently. This summary is a must-read for anyone who is interested in the development of business and economic conditions.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Metacapitalism" and learn more about the evolutions of the 21st century.
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Seitenzahl: 29
Veröffentlichungsjahr: 2014
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Book Presentation: Metacapitalism by Grady Means & David Schneider1
Book Abstract
About the Author
Important Note About This Ebook
Summary of Metacapitalism (Grady Means & David Schneider)4
Foundation
Key Components
Process Models
Behavior
Examples
Measures
Challenges
Book Presentation: Metacapitalism by Grady Means & David Schneider
Book Abstract
MAIN IDEA
MetaCapitalism is the optimum design for the companies and markets of the twenty-first century which will be reshaped by the e-Business revolution already under way.
In particular, there is a critical window of opportunity to participate which will only be open until the end of the year 2002. If companies have not changed their business models to align them with the imperatives of MetaCapitalism by then, they will most likely be left behind permanently by the growth achieved by those companies that do.
About the Author
GRADY MEANS is global leader of the Management Consulting Services practice of PricewaterhouseCoopers. He has been consulting with business managers for almost 30-years. Mr. Means is the author of Wisdom of the CEO. He has worked as a lecturer at Stanford University and has served in the White House as assistant to Vice President Nelson Rockefeller. Mr. Means is a graduate of Stanford University.
DAVID SCHNEIDER is managing partner of the Americas Theater Strategic Change practice of PricewaterhouseCoopers. He also serves as global leader of strategic planning for that practice. Mr. Schneider has over 18 years’ experience as a consultant, and currently serves as an advisor to a number of Internet firms. He is a graduate of Clarkson University, the State University of New York at Oneonta and the University of New Mexico.
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
Summary of Metacapitalism (Grady Means & David Schneider)
Foundation
Main Idea
The practical effect of the e-Business revolution is to invert and “decapitalize” the prevailing business model. Historically, companies needed large amounts of capital to fund inventories, purchase production assets and carry on business. In the e-Business era, however, manufacturing and production activities are outsourced to external networks. The most valuable assets have now become the brand and the customer relationship.
Supporting Ideas
Traditionally, a business enterprise has been viewed as a physical asset based organization which produces and sells products. Thus, until the late-1990s, all of the key management initiatives (reengineering, Customer Relationship Management or CRM, supply chain management) were focused on improving efficiency and owning as many of the factors of production as possible.
In other words, the traditional business model was capital intensive:
With the arrival of e-Business, however, a new business model emerged which requires less capital – because manufacturing can be outsourced and products are made to order:
Note the new business model is “inverted” and “decapitalized”. That is, capital resources which previously were applied to owning production assets and working capital requirements is instead applied to building the brand and managing the customer relationship. Or the need for capital can even be dramatically reduced.
