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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Market of Resources for Agile/Virtual Enterprise Integration

Market of Resources for Agile/Virtual Enterprise Integration
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Author(s): Maria Manuela Cunha (Polytechnic Institute of Cavado and Ave, Portugal) and Goran D. Putnik (University of Minho, Portugal)
Copyright: 2005
Pages: 8
Source title: Encyclopedia of Information Science and Technology, First Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-553-5.ch334

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Abstract

Fast change, uncertainty, and strong competition are challenges of the actual worldwide economic context. Competitiveness is a main requirement of enterprises, whose satisfaction requires the definition of new organisational concepts, with extremely high performances that are strongly time-oriented while highly focused on cost and quality. Several factors appear as supreme factors of competitiveness: (1) the organisations’ capability to achieve and explore competitive advantages in synergy, by using or integrating the optimal available resources for the functions that the organisation undertakes; (2) the capability of fast adaptability to the market; together with (3) the capability of managing all business processes independently of distance, to be achieved through the recent virtual enterprise (VE) organisational models (Cunha & Putnik, 2002; Cunha, Putnik, & Ávila, 2000).

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