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The Digital Economy: Promise and Peril in the Age of Networked Intelligence
by Don Tapscott

New York: McGraw-Hill, 1996

Separated by continents, Boeing aircraft engineers and prospective clients electronically collaborate on the paperless design of the 777... using automated training systems and network-based teams, Federal Express transforms itself from a courier company into a logistics and networking provider for its customers... browsing through Levi's interactive home page on the Internet, home shoppers order custom-designed clothing delivered within days to their doorstep.

Welcome to the fundamentally new digital economy -- where the paper trail ends and essential information is instead sent racing at the speed of light across networks, and where economic advantage accrues to those individuals and organizations who are able to leverage the capabilities of today's new information technologies to transform business and invent new business practices, not merely rearrange old ones.

In this eagerly awaited follow-up to his best-selling Paradigm Shift, global IT expert Don Tapscott answers the one question that burns on the mind of every forward-looking executive and manager: What does the new technology mean to me and my business?

In clear, jargon-free English, using actual examples of leading-edge organizations who are successfully riding the new IT wave, Don Tapscott reveals how the new technology and business strategies are transforming not only business processes but also the way products and services are created and marketed, the structure and goals of the enterprise, the dynamics of competition, and all the rules for business success.

But the remarkable journey doesn't end there. The Digital Economy also takes you to the epicenter of a new convergence of computing, telecommunications, and entertainment. From Wal-Mart's electronically linked purchasing systems to Sun Microsystem's desktop university to Chase Manhattan Bank's consumer video kiosks, and beyond, it discloses how results-hungry organizations are moving past simple reengineering to the complete It-enabled transformation of the corporation.

The Digital Economy also tackles the dark side of the information highway -- the first frank, balanced, and comprehensive look at the perils of the revolution underway for every business, society, and individual. With this book Tapscott opens an international debate on the role of business in the transition to the new economy and a new society based on fairness, justice, and democracy.

At once a practical handbook and vision for the future, The Digital Economy belongs on the desk and in the briefcase of every executive and manager grappling to make sense of, and profit from, the vast opportunities generated by the new media.

Don Tapscott is Chair of the Alliance for Converging Technologies which is currently conducting a multimillion dollar investigation into the information highway and its impact on business. An internationally sought consultant, speaker, and writer on the topic of information technology, he has written five widely read books including the recent Paradigm Shift. He is president of New Paradigm Learning Corporation, a consulting firm which specializes in helping organizations manage the transition to the digital economy.

 

 
   
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