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Taking Care of eBusiness [Hardcover]

Thomas M. Siebel (Author)
3.8 out of 5 stars  See all reviews (5 customer reviews)


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Book Description

May 1, 2001
The founder and CEO of Siebel Systems, the world's leading provider of eBusiness software, reveals the eight principles of eBusiness that companies must master to succeed in today's economy.

How is IBM, one of the world's most complex business organizations, tying its many operations together to gain a unified view of its customers and present a unified view to its customers? How does Marriott International achieve its exceptional focus on guest satisfaction resulting in occupancy rates dramatically higher than the competition? How is WorldCom transforming itself from a long-distance telephone company into a provider of total communications solutions?

In Taking Care of eBusiness, Siebel System's founder, chairman, and CEO, Tom Siebel shows how these and other market leaders are applying information and communication technology to better understand and satisfy their customers. Thanks to today's eBusiness technology, organizations can conduct business in any way their customers want; anytime, anywhere, in any language and currency, and through any channel. In today's competitive climate, that ability, says Siebel, is no longer just an option; it is a matter of business survival.

The age of eBusiness is in truth the age of the customer. Today's empowered customers are able to switch to the competition with unprecedented ease and speed. Nothing is more critical for business success, therefore, than delivering the highest levels of customer satisfaction.

While companies must still compete on price, product quality, and distribution, those factors alone are not enough to gain a competitive edge: Only organizations that can consistently satisfy and even anticipate their customers' needs will win the escalating battle for customer loyalty.

And Tom Siebel knows whereof he speaks. Siebel Systems is the world's leading provider of eBusiness applications software; the technology enabling many of the largest and best-known organizations to transform themselves into customer-focused eBusiness leaders. Based on his company's hands-on experience in implementing successful eBusiness systems, Siebel reveals the eight essential principles of eBusiness, and outlines a straightforward, five-step process any company can use to become an effective eBusiness.

Illustrated with detailed case studies that take an insider's look at the eBusiness strategies of companies such as Chase, Dow Chemical, Honeywell, Quick & Reilly, and others, Taking Care of eBusiness is nothing less than a manifesto for success in today's hypercompetitive marketplace.

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Editorial Reviews

Review

Advance acclaim for Tom Siebel's Taking Care of eBusiness:

"Success in the digital economy requires a relentless focus on customer needs and preferences. In Taking Care of eBusiness, Tom Siebel writes with great authority on how organizations can leverage eBusiness technology to maximize customer satisfaction."
--Don Tapscott, Chairman of Digitial 4Sight and bestselling author of Growing Up Digital and coauthor of Digital Capital: Harnessing the Power of Business Webs

"A crash course in customer-focused eBusiness."
--Richard Schmalensee, John C. Head III, Dean, Professor of Management and Economics, MIT Sloan School of Management

"If you are really serious about revamping your business to focus on the customer, then learn how from an expert on the subject. Blending a focus on business processes with deep knowledge of the technologies and systems involved, Tom Siebel shares the insights he has gained from building his company into the number one player in the customer relationship management industry."
--Geoffrey Moore, Managing Director of The Chasm Group and bestselling author of Crossing the Chasm, Inside the Tornado, and Living on the Fault Line

From the Inside Flap

The founder and CEO of Siebel Systems, the world's leading provider of eBusiness software, reveals the eight principles of eBusiness that companies must master to succeed in today's economy.

How is IBM, one of the world's most complex business organizations, tying its many operations together to gain a unified view of its customers and present a unified view to its customers? How does Marriott International achieve its exceptional focus on guest satisfaction resulting in occupancy rates dramatically higher than the competition? How is WorldCom transforming itself from a long-distance telephone company into a provider of total communications solutions?

In Taking Care of eBusiness, Siebel System's founder, chairman, and CEO, Tom Siebel shows how these and other market leaders are applying information and communication technology to better understand and satisfy their customers. Thanks to today's eBusiness technology, organizations can conduct business in any way their customers want; anytime, anywhere, in any language and currency, and through any channel. In today's competitive climate, that ability, says Siebel, is no longer just an option; it is a matter of business survival.

The age of eBusiness is in truth the age of the customer. Today's empowered customers are able to switch to the competition with unprecedented ease and speed. Nothing is more critical for business success, therefore, than delivering the highest levels of customer satisfaction.

While companies must still compete on price, product quality, and distribution, those factors alone are not enough to gain a competitive edge: Only organizations that can consistently satisfy and even anticipate their customers' needs will win the escalating battle for customer loyalty.

And Tom Siebel knows whereof he speaks. Siebel Systems is the world's leading provider of eBusiness applications software; the technology enabling many of the largest and best-known organizations to transform themselves into customer-focused eBusiness leaders. Based on his company's hands-on experience in implementing successful eBusiness systems, Siebel reveals the eight essential principles of eBusiness, and outlines a straightforward, five-step process any company can use to become an effective eBusiness.

Illustrated with detailed case studies that take an insider's look at the eBusiness strategies of companies such as Chase, Dow Chemical, Honeywell, Quick & Reilly, and others, Taking Care of eBusiness is nothing less than a manifesto for success in today's hypercompetitive marketplace.

Product Details

  • Hardcover: 272 pages
  • Publisher: Doubleday Business (May 1, 2001)
  • Language: English
  • ISBN-10: 0385502273
  • ISBN-13: 978-0385502276
  • Product Dimensions: 9.4 x 6.5 x 1 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #2,448,322 in Books (See Top 100 in Books)

 

Customer Reviews

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Average Customer Review
3.8 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

18 of 20 people found the following review helpful:
4.0 out of 5 stars Excellent Overview of How the Best Convert to eBusiness, June 30, 2001
By 
Donald Mitchell "Jesus Loves You!" (Thanks for Providing My Reviews over 109,000 Helpful Votes Globally) - See all my reviews
(VINE VOICE)    (HALL OF FAME REVIEWER)    (TOP 100 REVIEWER)   
This review is from: Taking Care of eBusiness (Hardcover)
Review Summary: This book will mainly be valuable for senior executives in major corporations who do not have responsibility for information technology. Those who are aware of today's best practices in eBusiness will find the book a little too simple to be helpful.

For an existing business, electronically connecting together its various activities and stakeholders is a big, tough, and frustrating task. On the other hand, it's work that has to be done in order to survive. eBusiness is not a choice, it's a key foundation of tomorrow. This book helps clarify many misconceptions about eBusiness and provides many helpful case histories that will extend and expand your perceptions. The book's main weakness is that it does too little in how to adjust business models to reflect opportunities beyond what eBusiness offers. For that reason, many readers may too narrowly focus their attention on eBusiness.

Review: Thomas Siebel is the chairman and CEO of Siebel Systems, a business applications software company that helps enable eBusiness. The firm is the fastest growing software company of its age in history. The company's experiences with aiding customers form the baseline for this helpful book.

First, Mr. Siebel points out that an eBusiness is more than eCommerce. An eBusiness allows a company to "record, measure, update, and analyze (in real time) large amounts of finely detailed, customer-specific information." You can also "coordinate and personalize all interactions with customers, prospects, and partners . . . ." You "program 'intelligence' into any customer-facing process and optimize those processes." You "practice intimate, one-to-one, relationship-based marketing, sales, and service." You also "execute an optimized, integrated relationship and intelligence-based . . . system of multichannel marketing, sales and service." Think of this as taking the superb service and flexibility of a handcraftsman and using systems to allow a large enterprise to have the same capabilities. As you can see, the writing in the book is a little overladen with business and software terminology.

Mr. Siebel proposes 8 key principles for an eBusiness, and details these with examples in the book:

(1) "Know your customer" (a segmented approach to the market) and IBM is the example;

(2) "Use multiple channels to interactive customers"

(3) "Personalize the customer experience"

(4) "Optimize the value of every customer"

(5) "Focus on 100 percent customer satisfaction" and Marriott International is the example.

(6) "Develop and maintain a global, customer-centric eBusiness relationship" and Honeywell International is the example.

(7) "Leverage and extend the ecosystem" and Chase Manhattan is the example.

(8) "Cultivate an organizational culture based on eBusiness excellence and innovation" and Dow Chemical is the example.

Quick & Reilly is used as an example of how to make the converstion to an eBusiness combining all of these principles.

The book's key point is that in "the not-too-distant future there will be no distinction between business and eBusiness." I agree.

Readers will find the case histories to be the most interesting and valuable part of the book. Much of the material in these case histories was new to me, and I read lots of books and articles on this subject.

After you have finished absorbing these visions of the emerging new best practices for making life better for customers, be sure to also think about your other stakeholders such as partners, employees, suppliers, shareholders, lenders, and the communities you serve. How can they be helped by eBusiness, as well?

Make more helpful connections among all stakeholders!

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2 of 3 people found the following review helpful:
5.0 out of 5 stars Authoritative book on true ebusiness, March 8, 2002
This review is from: Taking Care of eBusiness (Hardcover)
A truly authoritative book that explains real ebusiness:

1. eBusiness is not adding a ".dot com" and a "shopping cart" to your business.
2. eBusiness is not about improving or streamlining business processes
3. eBusiness is all about customer and how to keep them happy.
4. eBusiness is about the infinite possibilities that the businesses have in front of them to serve the customers in a true way ( beyond the lip service ) and reap rich rewards in terms of customer loyalty.

I do not want to dwell into some of the fine examples in the book ( like the $2 billion saved by IBM) but his message is concise and clear.Readers should find the examples interesting.

However I have a valid comment about the book .

Tom Siebel is a very respected figure in the CRM ( Customer Relationship Management) and eBusiness world. He is a legend and Icon representing the later day IT leaders.Tom Siebel's reputation in the 90s is similar to those of Bill Gates and Steve Jobs in the 80s.

Atleast in the book Tom should have kept above his company and competitors as he expresses his views.

However unfortunately he uses Siebel's product lines to explain his point at the slightest opportunity he gets. All the examples in the book are using well known Siebel customers.

A 'subtle' sales pitch for his product line all along the book.

Siebel corporations major weakness of getting into the small customers is bcoz of the fear of the small firms that "Siebel is a nice product - but is too expensive and we can not afford it" ( Siebel's midget competition has several times knocked of the Goliath using this sales pitch)

Tom could have used the examples of successful small firms that has reaped the benefits of eBusiness and Siebel product line.He has reinforced his views that Siebel is primely for the large corporations.

Still Tom Siebel succeeds to get his message across to the readers with the same pitch as Siebel

" Getting the right message to the right customers at the right time". If you want to know what is true eBusiness, then this book is for you.

CHANDRASEKHAR
Author of "Internet Marketing And Search Engine Positioning - A "Do It Yourself" guide and also a Certified Siebel Consultant

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2 of 3 people found the following review helpful:
4.0 out of 5 stars Insightful!, January 29, 2002
This review is from: Taking Care of eBusiness (Hardcover)
We should state up front that this is not an impartial book. Author Thomas Siebel, CEO and founder of Siebel Systems, extols the values of "eBusiness" (his coinage, apparently), which just happens to be his company's specialty. But at least Siebel Systems - unlike a lot of dot-com companies - has thrived and remained profitable. Siebel contends (arguably based on enlightened self-interest) that companies must either employ new eBusiness tactics or perish. Using profit reports and return-on-investment studies as back-up material, he makes a pretty compelling customer-first argument that we [...] recommend to anyone who's interested in the future of business.
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