Growing Businesses in the Age of Platforms

February 2017

February 2017

Read The Full Prompt

One consequence of the digital transformation is that platforms are becoming increasingly prevalent in today’s economy.

For this module please pick ONE company/organization and discuss how it creates and captures value in platform markets:

Issues you may want to address (feel free to consider other related issues not listed below):

  • How to scale up platform businesses?
  • How do various factors such as local/global network effects and multihoming affect competitive dynamics in platform markets?
  • When can an entrant take over market leadership when competing with an incumbent in a platform market?
  • How can product/service-centric firms grow into platform-centric firms?
  • How do firms cooperate and compete with powerful platforms when they serve as complementors and partners of these platforms?

Create an approximately 500-750 word post to make your contribution on digit.hbs.org by 6pm on Feb 26. Please create appropriate tags for your post. Please also respond to and comment on three other posts per module. Feel free to use graphics, data, videos and links to other sites to corroborate your points.

Please prepare a 2-3 min summary of your blog post before class.

Note: Since our third module is on crowd-based business models (business models that leverage collective intelligence from a large number of users), please do not pick crowd-based companies such as Kickstarter and Threadless for this OK blog post.

Responses (94)

Snapchat, a “camera” for Gen Y and Z?
Cathy
Posted on February 26, 2017 at 5:42 pm
Snapchat is a social messaging app that features self-deleting image and video taking. It has proven success among younger users of Gen Y and Z and has taken increasing wallet share from advertisers who like to target this group. However [...]
YC: organizing the seed-funding ecosystem
opheliac
Posted on February 26, 2017 at 6:00 pm
Y Combinator (YC) started in early 2005 to create a better seed funding ecosystem. Since then, it has spurred a new category of incubators and accelerators such as TechStars, AngelPad. These accelerators provide short-term intensive coaching and mentorship. Before this [...]
Li & Fung – The Downfall of a Platform
Jack K
Posted on February 27, 2017 at 5:47 pm
On March 6th of this year, the supply chain management giant Li & Fung will be unceremoniously removed from the Hang Seng Index, a globally recognized index of Blue Chip Hong Kong Companies, to be replaced by Greely Automobile. It [...]
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