e-Trouble?

Spotting e-business red flags
  • ---Shares
This story appears in the April 2001 issue of Entrepreneur. Subscribe »

Is your e-business sickly? You may have an e-bug. The good news: Recognizing an illness is the first step toward recovery.

So says a recent Accenture report, Governance at eSpeed, which looked at the 10 warning signs of a faltering e-business. "Business owners have to expect the way they manage and govern their e-business to change as they become successful," explains Brian Pappas, associate partner at Accenture in Boston.

Here are a few signs to look out for:

1. No experience "clicking around": If you're not a hands-on e-business user yourself, then you probably don't have a feel for what works in the dotcom world.

2. No external profile: Does the world even know you exist? To raise your e-business profile, network with well-known business and technology leaders.

3. No decisions . . . or slow decisions: Exploratory committees, project teams and pilot programs make good e-business sense-just don't forget to move swiftly on your findings.

4. No passion: Most successful dotcom em-ployees are passionate about what they are doing. Are yours?

Paul Stoltz, guru of the adversity quotient concept, has a new book on the subject, Adversity Quotient @ Work (William Morrow). Stoltz advises people to "remember to focus on what you can influence and not on blaming someone." For more in-formation on measuring and strengthening your AQ, go to www.adversityquotient.com.

Ellen Paris is a Washington, DC, writer and former Forbes magazine staff writer.


Contact Source

Edition: July 2017

Get the Magazine

Limited-Time Offer: 1 Year Print + Digital Edition and 2 Gifts only $9.99
Subscribe Now
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.