Goals
The consortium has been involved actively in initiatives that pioneer and advance new and usually untested technology. The consortium's main aim is to keep up a strategic role as a pilot project initiator. They usually influence and encourage innovation and driving progress in new areas of operation through grants, market access and other technical assistance. Although the name implies the geographic region of Singapore, the consortium is known to operate beyond its territory. As most members of the consortium are MNCs operating out of Singapore, CommerceNet Singapore follows its members to new markets regionally. This anomaly occurred as Singapore is known to host the 'operation headquarters' of many MNCs.
CommerceNet Singapore has established a reputation as a neutral technology facilitator and catalyst. It helps create environments that encourage the flow of new ideas and concepts. Initial activities include creating a unified eCommerce and eBusiness movement. It is now the leading independent non-profit technology organisation in ASEAN. Member-driven initiatives today include diverse test-beds that advance eBusiness, industry-wide strategic initiatives, creation of business value, advanced education, mediation and certification worldwide. Among some of its better known certification is the TrustSg initiatives. It is one of the few organization still actively promoting online commerce in Singapore and ASEAN.
In a strong departure from its earlier years, from 2006, CommerceNet Singapore had refocused to take on and implement a portfolio mix of long-term and short-term initiatives. Among the initiatives requested by its members are those of high-risk, untried and theoretical ideas that fulfil the promise of the general commercialisation of technologies, especially pertaining to the Internet, and project finance.
The structure of CommerceNet Singapore is designed to be neutral, allowing it tap market intelligence for more effective decision-making. New complex programmes are usually designed, redefined during incubation process or when implemented by CommerceNet Singapore. The projects are usually for industry-wide application, with focus often resulting to lowering of transaction costs and allowing the creation of new categories of products and services.
Fundings for the consortium come largely from sponsorships, membership dues, government grants, pilot projects grants as well as project management fees.
Read more about this topic: Commerce Net Singapore
Famous quotes containing the word goals:
“Let us beware of saying there are laws in nature. There are only necessities: there is no one to command, no one to obey, no one to transgress. When you realize there are no goals or objectives, then you realize, too, that there is no chance: for only in a world of objectives does the word “chance” have any meaning.”
—Friedrich Nietzsche (1844–1900)
“We should stop looking to law to provide the final answer.... Law cannot save us from ourselves.... We have to go out and try to accomplish our goals and resolve disagreements by doing what we think is right. That energy and resourcefulness, not millions of legal cubicles, is what was great about America. Let judgment and personal conviction be important again.”
—Philip K. Howard, U.S. lawyer. The Death of Common Sense: How Law Is Suffocating America, pp. 186-87, Random House (1994)
“Artists have a double relationship towards nature: they are her master and her slave at the same time. They are her slave in so far as they must work with means of this world so as to be understood; her master in so far as they subject these means to their higher goals and make them subservient to them.”
—Johann Wolfgang Von Goethe (1749–1832)