VIRTUAL COMPANY SYSTEM DESIGN

Qianbo Wang

OVERVIEW

The presentation will introduce a concept of virtual company system which can provide key functionality to support the management and operation of business organizations.

Structure of Traditional Companies

Introduction to Virtual Companies

Virtual Companies System Design

Import Issues of VCS

WHAT IS VIRTUAL COMPANY

Definition of Virtual Company

Virtual company is “organization” that uses computers and tele-communications technologies to extend its capabilities by working routinely with employees or contractors located throughout the country or the world.

- PC Magzine

STRUCTURE OF TRADITIONAL COMPANY

Executive Board

Department

Project Group

Project Group

employee

employee

Department

Department

Department

DESIGN OF VIRTUAL COMPANY SYSTEM

Communication Tools

The studies of virtual company mainly focus on the ways of communication.

E.g.:

Virtual Company

http://virtualcompany.wordpress.com/

Wiggio

http://www.wiggio.com

Sharing Documents

Tele-Conferencing

Messages

And more…

Organizing and Managing VC

We will focus on how to build a system to organize and manage people working together in a virtual company as well as to enable some common behaviors between companies via internet.

Virtual Company System

Company Management System

Project Market

Company Management System

CMS

Groups

Commu-nication

Event TrackerProfile

RoleDefinition

Functionality it should have:

• Employees’ Profiles

• Employees’ news and work records

• Communications among people in the same company

• Organize people as different groups and sub-groups (e.g.: departments, project groups)

• Different roles (e.g.: director, manager)

Does it sounds like something we are very familiar with?

CMS based on Social Networking SystemEmployee Profile => User Profile

Groups (Department)=> Groups

Event Tracker => News Feed

Roles => common user/ group administrator/..

Communication=> to much..

Other Functionality of CMS

Project Management:

The unit of work on VCS is project.

CMS should provide project management methods:

• Project progress management

• Schedule plan and work assignments

Tools for Working (Software):

• Download

• Cloud Computing

Cloud Computing

A cloud service has three distinct characteristics :

• It is sold on demand

• The service is fully managed by the provider

• Significant innovations in virtualization and distributed computing, as well as improved access to high-speed Internet and a weak economy, have accelerated interest in cloud computing.

Project Market

Project Market is like a e-commerce platform. Virtual Companies (VC) can publish new projects on the platform, sponsor a project of other VCs or choose to cooperate with a VC on a project.

Project Market makes the VCs together as a Virtual Business World.

SOME IMPORTANT ISSUES

Some Important Issues

Security:

It’s extremely dangerous to leak user information, especially the password of a user with higher rights. It will cause serious property lost.

Company Reputation:

How to measure a reputation of a company? How if the projects of a VC are just deceptive.

Thank you! And Questions?