Journal 1: Critical factors for successful implementation of enterprise systems

Summary: It is important for us to know what to look for in a certain business before we
proceed in judging it to be a stable one. In this researched related article, critical factors for great
businesses are explained. As per the authors and researchers that gave their efforts to produce
this material, proper information management is the key to having a stable core for any
organization. It may not seem to be connected to our given study; but if you look at it, before a
certain business classification is considered to be on top, it should first be stable from its core.

Cited by: 1597

APA: Fui-Hoon Nah, F., Lee-Shang Lau, J., & Kuang, J. (2001). Critical factors for successful
implementation of enterprise systems. Business process management journal, 7(3), 285-296.

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Journal 2: The Power of Business Models

Summary: For a business to be on top, a secret ingredient should be added to the skills of the
people working on it. In this related article, the greatest asset of a successful business is
explained; the asset which we call the “Business Model”. A business model is often tagged to be
something simple and light in terms of its contribution to the success of the organization. But as
per our experts here, it is not just any strategy that contributes just a few things to the company;
rather, it is the foundation of the success, not only of the company, but also for it to be
considered on top. If in contrast to our study, this might not have a direct connection; but if we
dig further, this article would give us a glimpse on the big picture, given that the topic is about
the top businesses to consider for landing an investment based on stability of their stocks.

Cited by: 1684

APA: Shafer, S. M., Smith, H. J., & Linder, J. C. (2005). The power of business
models. Business horizons, 48(3), 199-207.
Open Coding:

Open Code Links to Axial Code

a.) Business Employees need training By linking supply-chain
to understand how the applications with other
system will change business systems, users can
business processes. There slash cycle times and reduce
should be extra training inventory. They can also
and on-site support for reach beyond their own
staff as well as managers corporate walls to better
during implementation. connect with suppliers,
(from Lit1) distributors, and customers
to engage in e-business.
In fact, eToys’ goal of
customer acquisition was
largely achieved. Four
years after opening its
virtual doors for business
and by spending at times
as much as 60% of its
revenues on marketing
(from Lit2)
b.) Strategy Now, more than
ever, effective business
strategy centers on
aggressive, efficient
use of information
technology. (from Lit1)
What exactly is the
relationship between a
firm’s strategy and a
business model? To
answer this question
requires that one first
define strategy, but
unfortunately that is not
a trivial task. (from Lit2)
c.) Investment Training, reskilling
and professional
development of the IT
workforce is
critical. User training
should be emphasized,
with heavy investment
in training and reskilling
of developers in
software design and
methodology (from
Lit1)
But, in the end, eToys
was not able to generate
Specifically, in a
backward-looking context,
strategy is sometimes
viewed as a pattern of
choices made over time.
We find essentially
no relationship between
gross investment
returns and expenses.
While gross returns are
positively related to
investment advisory
expenses, the
coefficient is not
statistically significant,
and the coefficient of
determination is close
to zero.
 the volume of business
needed to support its
investment in
infrastructure and went
bankrupt in 2001 (from
Lit2)

JOURNAL 1
Critical factors for successful implementation
of enterprise systems

This research shows us that it is important for Fui-Hoon Nah, F., Lee-Shang Lau, J., &
us to know what to look for in a certain Kuang, J. (2001). Critical factors for successful
business before we proceed in judging it to be implementation of enterprise systems. Business
a stable one. In this researched related article, process management journal, 7(3), 285-296.
critical factors for great businesses are
explained. As per the authors and researchers
that gave their efforts to produce this material,
proper information management is the key to
having a stable core for any organization. It
may not seem to be connected to our given
study; but if you look at it, before a certain
business classification is considered to be on
top, it should first be stable from its core. (Fui-
Hoon Nah, Lee-Shang Lau & Kuang, 2001).
JOURNAL 2
The Power of Business Models

This research stated that, for a business to be

on top, a secret ingredient should be added to
the skills of the people working on it. In this
related article, the greatest asset of a successful Shafer, S. M., Smith, H. J., & Linder, J. C.
business is explained; the asset which we call (2005). The power of business
the “Business Model”. A business model is models. Business horizons, 48(3), 199-207.
often tagged to be something simple and light
in terms of its contribution to the success of the
organization. But as per our experts here, it is
not just any strategy that contributes just a few
things to the company; rather, it is the
foundation of the success, not only of the
company, but also for it to be considered on
top. If in contrast to our study, this might not
have a direct connection; but if we dig further,
this article would give us a glimpse on the big
picture, given that the topic is about the top
businesses to consider for landing an
investment based on stability of their stocks.
(Shafer, Smith & Linder, 2005)