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Foreword

Published online by Cambridge University Press:  20 May 2010

Tom Trainer
Affiliation:
Executive Vice President and Chief Information Officer, Citigroup
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Summary

Whoever invented the button didn't need much of a business architecture model to cope with the change he unleashed. The button, a thirteenth-century invention, took 400 years to achieve widespread use. The bicycle appeared in 1818 and took 50 years to catch on. The telephone, invented in 1876, needed 35 years to find the beginnings of a mass market. Television took 26 years; the personal computer, 16 years.

Those adoption rates seem pretty leisurely by today's standards. The unyielding environment of speed in technology-induced business change is so pervasive that a CEO (or any C*O, responsible for operations, finance, human resources, technology, marketing, or any other function) who doesn't occasionally get a sense of panic perhaps doesn't get a lot of other things either.

And speed is only one element of the profound paradigm shift that is happening in how business is transacted as a result of the Internet. The e-Revolution is on and—as is the tendency of revolutions—things can be a bit confusing while the participants sort themselves out.

Maybe it was acceptable that your company created its first Web site to “keep up with the Joneses”—whoever they are in your industry. You didn't need much of a model or architecture for that decision; the Joneses, after all, were equally unsure about what they were doing and why. Maybe you made your first forays into electronic commerce and electronic business in the same fashion.

Type
Chapter
Information
e-Enterprise
Business Models, Architecture, and Components
, pp. xiii - xvi
Publisher: Cambridge University Press
Print publication year: 2000

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  • Foreword
    • By Tom Trainer, Executive Vice President and Chief Information Officer, Citigroup
  • Faisal Hoque
  • Book: e-Enterprise
  • Online publication: 20 May 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511584923.002
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Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Foreword
    • By Tom Trainer, Executive Vice President and Chief Information Officer, Citigroup
  • Faisal Hoque
  • Book: e-Enterprise
  • Online publication: 20 May 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511584923.002
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Foreword
    • By Tom Trainer, Executive Vice President and Chief Information Officer, Citigroup
  • Faisal Hoque
  • Book: e-Enterprise
  • Online publication: 20 May 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511584923.002
Available formats
×