4 Stages In Life Cycle Virtual Enterprise
Virtual Enterprise is a system that enable group of people from different place working together separately because it has web-enabled information architecture that connect information system of companies participating in virtual business. They usually use phone, fax, email, or video conferencing. There are 4 stages in life cycle when virtual enterprise pursuing a business opportunity, such as:
- Identification, find potential business opportunity
- Formation, find potential partners
- Operation and Evolution, controlled integration of services and resources by partners
- Dissolution, VE managed to meet market opportunity
With Virtual Enterprise, companies become more flexible in running their operational processes. They can use all resources across the value chain, outsourced some operational processes so they can simplify and looking for high quality human resource to do some jobs. Virtual enterprise also increased the possibility to make innovative and effective model that help companies to gain profit and grow rapidly. Additionally, in this pandemic situation, encouraging the development of VE model to be even more rapid because many companies must seek new innovations in operating the company in order to protect their employees and survive.
References:
https://www.forbes.com/sites/sap/2014/12/04/welcome-to-the-virtual-enterprise/?sh=1dedd80e1138
https://www.sciencedirect.com/topics/computer-science/virtual-enterprise