A Framework for Performance and Value Assessment of E-Business Systems in Corporate Travel Distribution

This chapter proposes and illustrates a framework that the authors call the value life cycle for e-commerce systems. Based on recent research results that relate to technology investments in the corporate travel industry and related theoretical and empirical perspectives, the authors lay out the cor...

Full description

Saved in:
Bibliographic Details
Main Authors: Chircu, A.M., KAUFFMAN, Robert J.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2001
Subjects:
Online Access:https://ink.library.smu.edu.sg/sis_research/2787
https://ink.library.smu.edu.sg/context/sis_research/article/3787/viewcontent/Framework_Perf_Value_Ass_E_business_Corp_Travel_av.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
Description
Summary:This chapter proposes and illustrates a framework that the authors call the value life cycle for e-commerce systems. Based on recent research results that relate to technology investments in the corporate travel industry and related theoretical and empirical perspectives, the authors lay out the corporate travel e-commerce system solutions value life cycle. The perspective involves estimating the maximum value that that an organization can obtain by implementing an e-commerce system in a specific industry and competitive environment. It also considers multiple factors that act as value contingencies for the implementation process. These create barriers to value accrual and to post-implementation performance assessment. The analytical perspective emphasizes the importance of comparing the expected value from the evaluation stage with the realized value from actual system usage. The authors highlight a key finding for corporate travel procurement specialists: the value of e-commerce systems infrastructure is surprisingly dependent on a variety of factors in the implementation environment of the organization, and as a result, the authors suggest that investments in this kind of technology be made with considerable caution and a clear sense of the potential pitfalls that may lead to insufficient value accrual.