Wednesday, March 16, 2005

Lesson 2 Study Journal

There are four components within EDCF (Enterprise design conceptual framework):

  • Performance: it is about setting up a goal, and measuring how to achieve the goal.

  • Infrastructure: it is the technology enterprise can use and engage inside, such as mobile phone, Internet and GPS.

  • Business models: it is a framework to guide a company working well. This framework includes detailed information about every element’s property and how they interact.

  • Change & Agencies: power or force comes from the environment. Enterprise should adjust itself in order to survive.

EDCF helps to develop a company clearly. Also it illustrates the whole business of a company to an entrepreneur.

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