Instructor: Dr. Robert H. Reck
Office: None
Campus Phone: None
Kendall Consulting Group
268 Highland Road, Andover, MA 01810
Phone: 978-474-9109
Fax 978-470-1490
E-mail: reck@babson.edu or bobreck@kendall-consulting.com
Class Meets: Class Meets: Monday or Tuesday, 6:30 p.m. in Gerber 103
Course Web Site: http://faculty.babson.edu/reck/mis7570f00/index.htm for this syllabus, most assignments and some announcements.
An ecampus site will be established for this class. You must have access to the Babson computer system with name/password in order to gain access to ecampus. Assignments, handouts and notices will be posted at this site and/or e-mailed to students via the ecampus e-mail address. You are responsible for ensuring that you receive these e-mails. (You may arrange with ITSD to have campus e-mail forwarded to any other external address.)
Class Registration: Students will be accepted into the class only under the waitlist rules established by the graduate registrar. The instructor will not separately approve or intervene in the registration process. Waivers for prerequisites will be provided to students with some background in information systems and business-oriented technology application.
Student Information: Students are requested to complete a short online questionnaire about themselves and submit this to the instructor before or just after the first class in September. This information will also help the instructor contact you in unusual situations. Please "click here" to complete this form; use the "back" key to return to this page after the submission.
Course Summary and Objectives
Consistent with the business orientation of Babson College, this course provides an overview of the rapidly growing phenomena of electronic commerce and electronic business from four perspectives:
2. Impact on other information systems within a business, including impacts on Intranets, management information systems, and other operating systems that provide fundamental support to all elements of the value chain within a business. The relation to Knowledge Management will also be discussed
3. Impact on business design and strategy (and vice versa), including how business strategy shapes and is now being shaped by threats and opportunities in EC. Also to be covered will be starting and running entrepreneurial "dot com" businesses, their success factors, and other operational factors
4. Impact on the industries and markets, including use of extranets, and how some industries are being forced to change almost overnight to respond to the impact of EC, particularly some intermediaries and distributors
The course is aimed at those business and management information systems students who already have an understanding of the fundamentals of MIS, and who want an understanding of the issues and fundamentals regarding the use and conduct of electronic commerce and electronic business. Further, the course is being designed to especially appeal to those students with an entrepreneurial spirit.
Guest Speakers
Several guest speakers have been contacted and have agreed to come and speak during the semester. Where possible their names, companies and bios are included in this syllabus. Students should also visit the web sites for the relevant companies and do their homework prior to the individual's visits.
Prerequisites
Students should have taken MIS-7500 or have equivalent course or work experience. Students who wish to waive the prerequisite should e-mail the instructor and make their request, including a brief description of their equivalent experience. In such cases, the instructor normally contacts the registrar and notifies them that the prerequisite has been waived.
Other Related Courses
The following courses can help you develop related skills and knowledge in the areas of electronic business and e-commerce:
Class Approach and Student Evaluation
Classroom participation, an individual written case study, an individual topic presentation, and a team e-comm business plan are the basis for the course grade. Each of these is discussed below.
The weighting of these elements in the student's final grade are:
An Individual Case Study is to be a written analysis of a specific company or e-business topic. Case papers are to "mimic" regular HBS and Babson case studies. The papers are to take into account not only the class materials, but also the class discussions and insights after the class. Criteria will be discussed in class during the first two classes. Students will chose a topic from a suggested list or receive instructor approval for an "off the list" topic. Only one student in the class may work on any particular topic or company. Details are given below.
Each student will prepare their case study about a company or industry coping with electronic commerce or electronic business in some way. Unique companies and industries will be selected by each student on a first-come, first served basis on a class sign-up page. The current list of suggested companies and topics may be viewed by clicking here (Click here to view prospective case companies and topics list.) Data for the study can be gathered from the Web, field work, from publicly available information, from the library, and/or from a visit to a local firm. NOTE: There is no guarantee that a company or topic on the list will be a "good" topic - specifically, indepth information may NOT be available to justify the company as a good study. Students are to determine the suitability of a company based on their initial research prior to signing up for the topic. Students may change their topic during the semester with the approval of the professor.
The firm you select should be involved in a key way with electronic business, either as a service provider, manufacturer, distributor, retailer, supply chain element, or as a user. (More will be said in class on the selection criteria.) The case study should be organized to demonstrate a thorough understanding of the e-business and its potential for long-term success. As a general guideline, the case study could include (but not be limited to):
Students should make their choice of a topic by Class 5 - October 9 or 10, and notify the instructor by e-mail. Students are reminded to indicate which class (Monday or Tuesday) they are in when they make their choice.
The due date for this paper will be November 13 or 14 depending
on which class you are in. The paper will be due in written and
electronic form as a Word 97 document (or Mac Word 98). Your electronic
Word document should be sent to the instructor by electronic mail.
Late papers will be marked down a full letter grade
for each calendar day they are late!! If you have an emergency,
you should contact the instructor ahead of time with a very good
excuse. Papers may be submitted early.
Team E-Comm Business Plan Presentation Project - The class will form project teams of two to four students per team. No single person teams will be accepted. Each team will propose, design and develop a profile of a new e-comm business. A short business plan presentation will be one of the products that will be submitted. (Business plans will be discussed in an early class. Several documents that may be helpful are available at the following links: 1 [download ppt file], 2, and 3.) The business may be any of the following types of projects:
The business plan presentation should follow an outline of a reasonable plan. Various outlines and content descriptions will be made available to the class. Appendices may be used for details too numerous to present in class. Project plan presentations and a presentation of the team's demonstration web site will be made to the class in one of the last two sessions. (The demonstration web site may be done in Powerpoint if skills are not available on the team to create an actual site.) Space on a campus server can be provided to teams needing a home for their sites. Please contact the instructor well ahead of time to obtain site space/location.
Each team will make a fifteen minute or so briefing of their project (and site) to the class and answer questions. Treat the class as a room full of venture capitalists or executives you are trying to interest in your concept. The instructor will assign presentation dates about mid-way through the semester. You may trade dates with another team, however, notify the instructor of your trade.
During the semester the instructor would like to receive the following information from you and your team:
By Class 5 - The names on your team, your project title, and a one paragraph description. This may be provided by e-mail, however, please be sure to indicate your name, e-mail, team member names, and team name in your communication.
By Class 9 - A list of any problems you are facing and may need help resolving. Also your request for web site server space, if needed.
Course Materials
There is NO course pack for this class. All readings are or will be available online. Some readings may be added to the syllabus during the semester. Students should note the version of this syllabus and ensure they are using the most up to date version for their class assignments as the semester progresses. Where possible articles and case studies will be posted via links on this syllabus; for some cases articles about a company will be used in lieu of a case - they will be treated the same way as a regular case. Some cases with limited distribution will be available only via ecampus. Students are also expected to visit the Web sites of all case study companies prior to class discussions.
There is a textbook. The text book for the class will be the most recent version of PriceWaterhouseCoopers "E-Business Technology Forecast." This book is available for $300 directly from PWC, however, the instructor has made arrangements with PWC to obtain copies of the book for $30. Please bring cash or checks to obtain your copy of the book in class. Receipts will be provided upon request.
Fall 2000
| Week of | Topics and Guests | Assignments, Readings, and Cases | |
| Sept 11/12 | Introduction
and Models
Course overview and administration. Scope and content of syllabus. Introduction of instructor. Discussion of assignments, grading criteria, case paper and team business plan. Overview of Internet, e-Comm (EC) and e-Biz (EB), as well as other aspects of EC. Brief history of the Internet and EC/EB. Role of technology in commerce and strategic systems. Key frameworks and vocabulary. "Business models" that various EC firms have picked, as well as observations about these models. |
Read PWC, "E-Business
Technology Forecast (EBTF)", pages 1-35.
Read http://www.businessweek.com/ ebiz/9908/ dm0813.htm - "E-Commerce Explosion," BW,, 8/13/99. Read http://www.economist.com/editorial/ freeforall/ 19990626/ su9828.html) - M. Symonds, "The Net Imperative," Economist, June 26, 1999, Special Section. Read L. Sharon, "Business Models," 1999. Read http://www.business2.com - J. Davis, "How It Works," Business 2.0, 2/00. For those unfamiliar with the online world, scan the online book http://www.home.eunet.co/ ~presno/ bok/ index.html - by Odd de Presno, "The Online World Resources Handbook," Self Published, 2000. Good introductory text with many interesting links to demonstration materials. The message is the media. |
|
| Sept 18/19 | Getting
Started
Discussion of site "progressions" and typical sites, relative to a business'
intent and business and technology implications. Relation of EB/EC to value
chains and extended enterprise models. Concept development and progression.
Observations about the dot-com marketplace.
|
Read EBTF,
pages 35-48.
Read http://www.techweb.com/ se/ directlink.cgi? IWK19960610S0045 Champy, Buday, and Nohria, "Selling on the Web - Creating the Electronic Community," Techweb,1995. Read http://www.ecomworld.com/html/ articles/ digeco.htm T. Wilken, "Sizing Up the Digital Economy" at this link. Read http://www.usc.edu/dept/ annenberg/ vol1/ issue3/ sarkar.html. M. Sarkar, B. Butler and C. Steinfield, "Intermediaries and Cybermediaries: A Continuing Role for Mediating Players in the Electronic Marketplace," 1997?. Explores new roles for potentially disintermediated channel players. Study the Case:http://www.esteel.com. Review site. Understand nature of market, forces, value chain, business model, and revenue model. How do you compete with e-steel? |
|
| Sept 25/26 | Technology
Perspective
Organizing principles and major network and Internet technology components,
and ISPs/ASPs, portals, search engines, and other features of EC/EB. Languages
(HTML/XML), protocols and mechanics of creating Web pages and launching
them on the Internet. The technology, software, network connections, and
business design will be discussed for several business models. Role of
portals in EC/EB.
|
Read EBTF,
pages 169-208.
Read http://navigators.com/ internet_ architecture.html - A unique pictoral with accompanying text of how the Internet works between your desktop computer and a Web server. Read http://www.west.net/~steveco/collfilt.html - Short article on collaborative filtering. Compare with what you think "rules-based filtering" might be. Read http://pespmc1.vub.ac.be/ COLLFILT.html - F. Heylighen, "Collaborative Filtering," Principia Cybernetica Web, 1999. Short article. Read http://www.instantweb.com/m/ mahesh/ 4455/ CollabFiltering.HTML - "Collaborative Filtering," 1999. Short article. |
|
| Oct 2/3 | Sell
Side, CRM, and Auctions
This module will discuss how various companies are positioning themselves to use EC/EB in their marketing and sales operations. Relevant product suites for these types of operations will be discussed. Customer Relationship Management (CRM) will also be discussed together with the subject of data mining. Impacts on the channels and distribution chains will also be discussed. Extra slides from D. Kopcso on CRM and rules-based approaches are also attached by clicking here. |
Read EBTF,
pages 49-75.
Read K. Matthews, "Dell Corporation," 1999. Also, visit the Dell site and relate the sell-side capabilities at the Dell site to the capabilities described in the following white paper. Read Open Market White Paper, "Open Market Transact 4," 1997. Read with emphasis on the components of a sell side operation, including their integration. See other white papers at the OMI site as well. Paper may be obtained at http://www.openmarket.com, going to Support, going to the Library (Enter), going to White Papers, and selecting this white paper. Others also interesting. Read http://www.informationweek.com/ 763/ gmforum.htm - GM Will Use Technology to Know Its Customers, IW, 11/29/99. Read http://www.informationweek.com/ 763/ catalog.htm - "Build the E-Commerce Catalog," IW, 11/29/99. Read http://www.microstrategy.com/ecrmwhitepaper - Microstrategy, "The Power of eCRM," White Paper, 3/00. |
|
| Oct 9/10 | Buy
Side, ERP and SCM
Buy-side or procurement systems will be discussed, together with the
efficiences they inject into a business. The opportunities for EC/EB along
the supply chain will be covered with emphasis on ERP/EEM systems and their
relationship to the "back office" support of e-Comm. Supply chain operations
and fulfillment operations will be discussed. The revenue and cost components
of an EC business will be discussed, together with the major elements that
go into a business case for a venture capital request. Risk and other criteria
venture partners use to evaluate submissions. Linkages to ERP and other
major legacy systems will be covered.
|
Team project and
case study project information due!
Read EBTF, pages 76-107. Read Andrea Meyer, "GE TPN," MIT, 1999. Case questions are at the end of the article. Scan http://www.3com.com/technology/ tech_net/ white_papers/ 503048.html - "Business to Business Electronic Commerce," White Paper at site. Discusses technology and supply chain solutions. Scan article focusing on the technology and software components used. Visit the sites of CommerceOne.com and Ariba.com and review their contributions to buy side and supply chain management. Read http://www.beyondcomputing.com - S. Greenyard, "Using the Web to Link Supply Chains," Beyond Computing, 3/00. Read http://www.fortune.com - B. O'Reilly, "They've Got Mail," Fortune, 2/7/00. Read http://www.cio.com/ forums/ erp/ edit/ 122299_erp.html - "The ABC's of ERP," CIO, 12/22/99. Good overview of ERP systems and the concept of SCM. Read http://www.cio.com/archive/ 061597_ commerce_ print.html - P. Fabris, "EC Riders," CIO, 1997. Streamlining the supply chain. Also discusses GE TPN. Read http://www.ecomworld.com/html/procure/050199.htm - S. Hornyak and T. Ostrander, "The Seven C's of E-Procurement," ECWorld, 5/99. |
|
| Oct 16/17 | Strategy
How do existing businesses cope with the establishment of EC in their
industries? What steps do mature companies take to create and implement
an EC strategy? What are the issues and strategic questions? Various rules
of EB will be discussed and related to performance parameters.
|
Read EBTF,
pages 109-138.
Study http://www.chemdex.com. Download and read the "pdf" article on "B2B E-Commerce" from the Chemdex site. Read http://www.cio.com/archive/ webbusiness/ 120199_ net_ content.html - M. Santosus and N. Lewis, "Compound Interests," CIO, 12/1/99. Article about netpreneurs who established http://www.e-chemicals.com. Contrast with Chemdex. Read http://www.business2.com/content/research/ principles/ - Ten Principles. Business 2.0. Published several times in this magazine over the past three years. Optional Read http://www.businessweek.com - A. Stone, "A Chemicals Superstore With an Explosive Cyber Formula," BW,, 12/30/99. Note: the specific page address was unavailable; you can enter BW for free to obtain this article. Check also Babson Library. |
|
| Oct 23/24
[Week 7] |
E-Comm
as a Transformation Tool
The ability of EC/EB to transform a business or industry will also be
addressed. While terms such as business process redesign and reengineering
have faded from popularity, the result of many e-business implementations
and supply chain renovations is exactly the same as if reengineering had
been the original goal. This lecture will also discuss reengineering, link
these to e-commerce, and discuss the implications for conceiving and launching
an e-commerce business.
|
Read http://www.brint.com/
papers/ bpr.htm) - Y. Malhotra, "Business Process Redesign: An Overview,"
BRI, 1998. - Short overview of reengineering.
Read http://www.fastcompany.com/ online/ 01/ reengin.html - T. Davenport, "The Fad That Forgot People," Fast Company, 1995. A classic article on reengineering and some of the problems the concept faced in implementations. Scan http://www.dtic.mil/c3i/ bprcd/ 7223c2.htm - This is an online book on reengineering used within the Department of Defense. See also other chapters. Scan other chapters. Consider the relevance of reengineering to electronic commerce for class discussion. Read R. Reck and V. Reck, "Managing Change: A Proven Path to Business Success," Innovations (Kendall Consulting Group), 1995. This article casts reengineering as a change program and explains the three elements for success in such a program. Read http://www.informationweek.com - M. Hammer, "The Rise of the Virtual Enterprise," Information Week, 3/20/00. |
|
| Oct 30/31
[Week 8] |
E-Comm
and Financial Services
One of the key areas being developed that will have far-reaching impacts
on business and EC is electronic banking. Attempted on-and-off for over
20 years with various technologies, now electronic banking appears to have
a viable start. Electronic banking will be discussed, together with the
various banking/financial services functions. Many related issues including
payments, bill presentation, credit cards, e-wallets, etc. will also be
discussed.
|
Read the Case
R. H. Reck, "Online Banking,"
Kendall Consulting Group, 1999, and
answer the related questions at the end of the case.
Read EBTF, pages 139-168. Read http://www.informationweek.com/ 762/ ebpp.htm - "Electronic Billing Made Simpler," IW, 11/22/99. Read http://www.business2.com - L. Barack, "Banking On Change," Business 2.0, 11/99. Read http://www.informationweek.com/777/insure.htm - C. Waltner, "Internet Slowly Transforms Staid World of Insurance," Information Week, 3/13/00. |
|
| Nov 6/7
[Week 9] |
E-Comm
in Publishing and Entertainment
Continued discussion on business strategy. How do mature industries
cope with potential obsolescence of their business or market position due
to EC? Examples from the publishing area will help focus the discussion.
Additionally the impact of distance learning on the education industry
will be examined. Napster has been a hot topic in the entertainment industry
since it was launched; this topic will also be used as part of the discussion.
|
Read
http://www.business2.com/ content/ magazine/ indepth/ 1999/ 12/01/11252 -
"Stop the Presses," Moderated by J. Ryan, Business 2.0, 12/99.
Article on how journalism struggles to move into the Internet age. Be sure to read all parts.
Read http://www.oreillynet.com/ pub/a/ linux/ 2000/09/22/ p2psummit.html/ - "Peer to Peer Makes the Internet Interesting Again," Andy Oram. O'Reilly Network. 9/22/00. Read http://www.businessweek.com - S. Ante, "Inside Napster," Business Week, 8/14/00. Read http://www.business2.com/ content/ magazine/ vision/2000/ 08/08/15540 - R. Overton, "Adopt or Perish," Business 2.0, 8/22/00. Marc Cecere recommends reading or scanning the following references prior to his talk: He says, "Here is the suggested reading. The first two are pretty dense, but excellent. The rest the class could scan." [Not all links were clear in his message.] "Getting Real About Virtual Commerce," Evans, Philip - Boston Consulting Group; Wurster, Thomas S. - Boston Consulting Group, in the Harvard Business Review, Nov/Dec 1999. Not available through direct online access. Strategy as Strategic Decision Making," Kathleen M Eisenhardt, April 1, 1999, Sloan Management Review. Not available through direct online access. The Green Thumb Behind Garden.com, from Knowledge @ Wharton, 12/8 - * "The Seven Deadly Sins of E-Commerce," David Geller (see also more by this author) Source: E-Commerce Times. "Tailored Marketing On The Internet: Does It Really Capture Customers?," (See Page 1 of 3), Victoria Griffith, http://www.strategy-business.com/ technology/ 99405/ page1.html, 4Q 99, Strategy and Business - Booz Allen and Hamilton. "Levi's Site Wear Out Levi's Pulls Plug On E-Sales, But Retreat May Not Be Total," The Industry Standard. October. |
|
| Nov 13/14
[Week 10] |
m-Commerce
and EC Appliances
Mobile commerce and television/web commerce are still emerging topics
in EB. Other countries are much further ahead of the U.S. Speech conversion
is an enabling technology. The WAP protocol will also be discussed and
its migration to higher bandwidth capabilities. The topic of Internet applicances
will also be brought up here.
|
Due Today: Completed
copies (paper and electronic) of your case study. Don't forget it's in "Word '97".
Read http://www.businessweek.com - S. Baker, "Wireless in Cyberspace," Business Week, 5/29/00. See entire special report. Read http://www.business2.com - "L. Rogak, "Commerce Adds an M," Business 2.0, 6/27/00. Read http://www.informationweek.com792/wap.htm - J. Levitt, "Web Apps Take to the Airwaves," Information Week, 6/26/00. Read http://www.businessweek.com - A. Reinhardt et. al., "The Soul of a New Refrigerator," Business Week, 1/17/00. |
|
| Nov 20/21 | No Class - Thanksgiving Recess | "See you in Florida!" | |
| Nov 27/28
[Week 11] |
Issues
Surrounding Electronic Commerce
Key issues surrounding EC will be discussed. One focus will be on security,
privacy, authentication, and safeguards, hence, a discussion on protection
of company systems and information by firewalls and security-limited access.
Solutions to security problems with various hardware and software configurations
will be covered. Protocols and features of EC software such as browsers
that allow heightened security will also be discussed.
|
Read EBTF,
pages 209-219.
Scan "Security at McDonnell Douglas," 1999, and consider the questions at the end of the case study. Read http://www.informationweek.com/773/attack.html - M. Nelson et. al., "Attacks on E-Busineese Trigger Security Concerns," Information Week, 2/14/00. Read http://www.informationweek.com/ 764/ taxes.htm - "Internet Develops Its Own Tax Code," IW, 12/6/99. Read http://www.stern.nyu.edu/ ~akambil - Download third article on page, "Internet Security Note - A Teaching Note on Internet Security." See other articles by author including "Doing Business in the Wired World," 1997. Ajit Kambil, "Trends in Electronic Commerce Security: Background Material for Discussion on Payments and Security," 1999. Good overview paper of 22 pages. Other interesting papers also at site. Scan http://www.ssh.fi/ tech/ crypto/ algorithms.html - "Introduction to Cryptology," "Algorithms," and "Protocols and Standards," SSH Tech Comet, 1998. |
|
| Dec 4/5
[Week 13] |
Class Presentations
Depending on the number of student teams, we may have a guest speaker
on ASPs. The instructor will let the class know about four weeks prior
the plans for this class.
|
Teams
will present business plans to the class.
Read http://www.beyondcomputing.com - P. Gwynne, "ASPs@Your Service," Beyond Computing, 1/00. Read http://www.informationweek.com/791/asp.htm - A. Wittmann, "Is There an ASP in Your Future?" Information Week, 6/19/00. Read http://www.business2.com - S. Roberts-Witt, "Jam on It," Business 2.0, 8/22/00. |
|
| Dec 11/12
[Week 14] |
Presentation
of Team Business Plans
Teams will present business plans to the class. As an ending to the class the future will be discussed through scenarios and the business impacts facing the EC/EB community. |
Read
http://www.business2.com/articles/1999/
12/ content/ internetage.html - J. Griffin, "How Will the Internet
Age," Business 2.0, 12/99. Five major predictions that will affect
business and daily life.
Read http://www.deathofdistance.com/html/ a_ trendspotter's_ guide.html - Site summarizes thirty trends that will shape the future. References book by the same title by F. Cairncross of the Economist. Visit http://www.brainticklers.com - Review the questions and see where they take your thinking. Come prepared to discuss the major changes you anticipate that will occur due to the Internet and Electronic Commerce. |
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