What would be an example of 'Business Network Redesign' in Venkatraman's IT-enabled business change model?

In Venkatraman's IT-enabled business change model, the concept of 'Business Network Redesign' emphasizes the transformation of relationships and information flows within a network of businesses. The correct choice highlights how IT can alter the dynamics between organizations, enabling improved collaboration, communication, and information sharing among participants in a business ecosystem.

By focusing on how IT modifies the interactions within a network, this approach fosters efficiency, responsiveness, and innovation. Organizations can leverage technology to streamline processes, enhance data exchange, and establish new partnerships or redefine existing ones. This leads to a more interconnected operational framework that ultimately drives better business outcomes.

The other options address different aspects of IT's role in business change. For instance, one option pertains to redefining the business scope and partnerships, which aligns more closely with strategic level changes rather than the specific focus on network relationships. Another option discusses the use of IT as an isolated system, which does not capture the broader network implications. Finally, an option that refers to redesigning organizational structure and processes deals with internal changes but does not encompass the external relationships inherent in network redesign. Thus, the correct choice effectively encapsulates the essence of Business Network Redesign as presented in the model.