Business consulting firm tackles e-business
fundamentals.
07
February 2001
If
you could put your finger on why so many e-businesses got burned
last year it would have to be a lack of business fundamentals.
That's the view of strategic business consultant and executive
chairman of Advanced Corporate Concepts (ACC) Nigel Brownbill,
who recently launched the e-business consulting arm of ACC in
the local market.
ACC
is a strategic business consultancy known for its growth-focused
business blueprints in traditional and new economy markets. The
company recently added to its e-business competency with the introduction
of sales, implementation and development consultants, extending
its service portfolio from strategic business management consulting
to e-business deployment. "The only difference between e-business
and traditional business is the tools used to develop and grow the
business model," says Brownbill. "It's how you use the tools that
makes the difference to your mid- to long-term strategy and how
successful that strategy ultimately proves.
"Many
companies jumped straight into the initiation phase of their e-business
plans without taking stock of the effect on existing business strategies
and the impact on the business. Using an analogy, that's like building
a house without securing the foundations. The house will stand,
but soon enough cracks will appear, and no matter how often they're
filled in or repaired, more will appear until eventually the house
is rebuilt or collapses entirely. "That's similar to what we've
been seeing in a business sense, companies covering up the visible
cracks in their business and trying to reinvent themselves because
their fundamentals aren't sound."
The result: strategies thrown out of sync with the ever-increasing
technology investment, and consequently poor returns on that investment
with a terminal impact on the bottom-line. "Companies also have
to look past the confines of their own business frameworks to avoid
the 'corporate corridor' that tends to set in when making changes
to the business," he adds. "That's why outsourcing strategic planning
makes sense, especially where e-business has not been the main focus."
The
objective of any strategic plan, according to Brownbill, should
be to minimise long-term costs and maximise short-term gain. "South
African companies, like many others around the world, haven't minimised
their long term costs because of the lure of the e-business bandwagon
and the consequent defocus on business fundamentals. Now that it's
time to pick up the pieces they're nervous about getting any external
help with their efforts.
"Again
this doesn't make sense, purely because companies struggle to look
at themselves differently and objectively within their own boardroom
walls. The tools we have at our disposal today are just that - tools
- but they are different in every other way to what's come before.
"
There's no reason why companies should stop looking for an e-business
partner to take them forward as planned."
Nigel
Brownbill - Executive Chairman of Advanced Corporate Concepts (Pty)
Ltd
|