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Managing the Risks of e-Business

Subject

Strategy and Entrepreneurship

Publishing details

Centre for the Networked Economy Working Paper

Publication Year

2001

Abstract

E-Business is risky business. The first step towards managing and minimizing the risks must be to be aware of what those risks are. Although the specific risks will vary between companies, it is possible - using what we have learnt about the Network Economy - to identify a set of seven sources of risk. Three of these sources are to be found beyond the organization's boundaries: criminals, the commercial environment and legal systems. The other four risk sources emanate from within the organization: people, processes, technology and business strategies. This paper looks at each of these seven sources of risk, using real examples, and suggests practical actions that companies can take to reduce their exposure to e-business risks.

Publication Research Centre

Centre for the Networked Economy (closed)

Series Number

CNE WP03/2001

Series

Centre for the Networked Economy Working Paper

Available on ECCH

No


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