Managing the Principal of eBusiness

Managing The Principal Of E-
business

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Evaluation of organization’s digital transformation efforts ........................................................3
Recommendations for progressing digital transformation...........................................................5
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
Digital transformation is the adoption of technology by companies. It could keep the
common goals for implementation to improve the efficiency, innovation or value. The process
for using digital technology that create new or modifying existing culture, customer experience,
meet changes in business, market requirement, business process and so on. Savills plc is global
real estate, which provides the consulting services and advice such as, environmental
consultancy, landlord and tenant planning, research, building consultancy, project management
and so on.
MAIN BODY 221
Industry overview
Porter five forces is the holistic strategy framework which look the decision away from
the analysing the present competition. Manager to real estate investor that make the use of porter
five forces and help them to explore the profitable opportunities in whole financial sector:
Threats of new entrants-
New entrants for real estate industry can have more innovation and put pressure on real
estate through lower pricing strategies, reduction reimbursement and supply new value to their
customer. While the industry need to manage their all challenges and build the effective barriers
to safeguard about competing bound.
Bargaining power of suppliers-
The companies in real estate industry which buys their raw substantial from many
suppliers. Along with this that suppliers is dominant position which can decrease the margins of
real estate industry in market (Elnably and et.al., 2020). The overall impacts of higher suppliers
is that it will bargain gross gain of industry.
Bargaining power of buyers-
Buyers which offers lots of demanding, and they also want to buy the best offering
available by paying with minimum price as they are being possible. This put pressure towards
the real estate industry for keeping their long run profitability and make their powerful customer
base to industry with the higher bargaining power of customer and seeking to increase the
discounts and offers.
Threats of substitute products and services-