MIS-7570 - Electronic Business (a.k.a. E-Commerce) 
Babson College - F. W. Olin Graduate School of Business 
Fall Semester, 2000 
MIS-7570 - Electronic Business

(This version prepared November 9, 2000)









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:

1. Technology underpinnings for Electronic Commerce (EC), including a brief overview of the languages, hardware, software, networks, Internet, EDI, standards and protocols

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

Audience

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:

Please note. You may see similar teaching materials in the syllabi of these courses. The faculty have been coordinating efforts in this area, and even when we use the same case, we will be teaching different dimensions of the case.  For further details students are encouraged to go the career track web site where further details have been provided.

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:

Class participation - 30%
Case study - 30%
Team E-Comm Business Plan - 40%
Standards for Written Work - All written work will be judged on the basis of content as well as format and writing style.  Accordingly, your work should be error free.  Use the spell check and grammar check tools on your computer.  Babson's Writing Center should be used if you feel you need assistance in preparing your paper for class.  No time extensions are granted for use of the Writing Center, so plan your work ahead of time.

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.


MIS-7570 Course Syllabus - Session Descriptions By Week

Fall 2000


Week of Topics and Guests Assignments, Readings, and Cases
Sept 11/12

[Week 1]

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

[Week 2]

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.
 

  • Guests: Eugene Wu and Joanne Mooradian, ThinkMart.com. Bios are available at the links for each name. Please also visit their company's site at http://www.corp. thinkmart.com.
  • 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

    [Week 3]

    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.
     

  • Guests: Richard Kesner, Hurwitz Group. Bio available at link. R. Kesner's slides are available by "clicking here." The additional slides from Dr. Kesner are also posted here.
  • 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

    [Week 4]

    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

    [Week 5]

    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.
     

  • Guest: Tom Moore, Dean of Center for Executive Education and Graduate Dean will speak at Tuesday's class about Babson's distance learning initiatives. Slides here.
  • 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

    [Week 6]

    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. 
     

  • Guest: Richard Kane, Zefer Group. Bio at link. See also Zefer's site. R. Kane's slides available here.
  • 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.
     

  • Guest: Karen Temkin and Glenn Mangurian, Frontierworks.com. e-Business consultants. Bios for the two visitors are available at their company's web site. Slides here.
  • 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.
     

  • Guest: Greg Ross, eStrategies Consulting
  • . Bio and company information at the link. Slides here.
  • Guest (Monday): J. Goepfert, Research Analyst at IDC specializing in ASPs. Former Babson MBA. Slides here.
  • 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.
     

  • Guest: Marc Cecere, Giga Information Group. Bio available at link. Slides here. Marc's article is available on the following link. Article here.
  • 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.
     

  • Guest: Marcus Torchia, Lernout & Hauspie Systems. Bio at link.

  • 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.
     

  • Guest: Phillip Bakker, Price Waterhouse Coopers. Bio at link.
  • 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.
     

  • Open questions for instructor.
  • 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.


     
     
     

    Changes in syllabus by version date:
    9/12/00 - repaired some broken links; added Week 1 link to slides.
    9/17/00 - Week 2 and 3 slides added.
    10/1/00 - Week 4 slides added. Kesner Extras added. Notes on guests updated including Week 5 assignments.
    10/4/00 - Week 11 dates corrected.
    10/8/00 - Week 5 slides added.
    10/12/00 - Week 6 slides added. T. Moore's slides added.
    10/19/00 - R. Kane's slides added. Week 7 slides added.
    10/30/00 - Various links to slides added. New Week 8 speaker added.
    11/2/00 - Broken links in Week 9 fixed. Some new assignments made. Ross and Goepfert slides added.
    11/9/00 - Marc Cecere slides and article added to links for Week 9. Format fixed.

    End of Syllabus.