Universiteit / hogeschool. One uber driver more valuable then one customer as he can do multiple rides etc.. Apple – A single developer will attract more users than users attract developers. Platform Revolution - Ch 01 Intro: How Platforms are Changing Commerce Marshall Van Alstyne. The Book Summary also covers monetisation strategies, launch strategies and platform governance. Matching quality lies in curation – sales conversion rate? 2. Noté /5. However, excessive openness leads to too many extension developers which in turn because of competition reduces their margins making developers less attracted to the platform. Platform Revolution. ⢠Resources used in common; network effects. Addressing current business leaders, the authors reveal strategies behind some of today's up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. Most companies compete with price effects and branding effects, these aren’t as powerful as network effects. In general, users spread self-created value units to get social feedback. Platforms interface two sorts of c… The kind of interactions involved will grow as people work out what’s possible. 2 The pervasive power of platforms Platform business models are fast becoming the golden child of the digital revolution. Platform Revolution. July 29th 2016 If you’re interested in companies such as Uber, Air BnB and even Amazon have built successfully, then this is the book for you. Yet, most new platform … July 26, 2013 . Minimise congestion when too many people participate or low quality drives out high. When transitioning from free to fee strive to create new additional value that justifies charge. To help you summarize and analyze your argumentative texts, your articles, your scientific texts, your history texts as well as your well-structured analyses work of art, Resoomer provides you with a "Summary text tool" : an educational tool that identifies and summarizes the important ideas … Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. The authors also cover essential issues concerning security, regulation⦠âPlatform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. Platform Revolution Geoff Parker . Community used to be source of demand but with a platform can also be source of supply. It is not static. It is loosely defined as a structure that allows two entities to connect and exchange something of value. Pipes to Platforms TELCOS/HANDSE DEVELOPERS . Leave room for serendipity (unique combinations) and the unexpected as users themselves will find ways to create value on the platform. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. However, asymmetrical value in proportions. 3. By reading this koob, you will understand the economic, social, and political nature of the revolution caused by the emergence of Internet platforms.You will also learn:How, in structure and function, platforms disrupt traditional economic models;The genesis of platforms and how they are managed;How society reacts to the shortcomings associated with this revolution… Creation of value most important to encourage continual growth of positive network effects. This book is not yet featured on Listopia. Blurring boundaries: Managing platform trust, responsibility and governance 19 Arun Sundararajan, New York University A. THE PLATFORM REVOLUTION September 2016 | www.tmforum.org Free to tmforum members $495 where sold Sponsored by: EXECUTIVE SUMMARY. Écoutez ce livre audio gratuitement avec l'offre d'essai. User Type 1 . Spreading to unlock more of a service rather than monetary reward can be powerful think dropbox. Requires high volume. Written for an audience that is familiar with … Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary. Platform envelopment – one platform effectively absorbs functions of an adjacent platform. Monday, March 28, 2016. Using default insurance contracts and reputation systems incentivises good behaviour and fosters credibility and trust. Decisions need to be made on who can create value units, how can they be created and integrated into a platform and what differentiates high quality from low quality. Platform metrics need to measure the role of interaction success and factors that contribute to it. Curation key – algorithms can collate community judgements. These are all the elements of the platform business model you will learn about today. Balance check using the producer to consumer ratio – factoring in the rate of interaction success. The Democratisation of tools of design has led to disruption. Just a moment while we sign you in to your Goodreads account. Can give metaphorical patents to extension developers, also have a policy of partnering with developers financially or buying out at a fair price. Tools for governance include Laws, norms, architecture and markets. Technology Enabled Businesses, Markets and Policy (BMME015) Titel van het boek Platform Revolution; Auteur. www.tmforum.org 3 Report author: Dawn Bushaus Managing Editor dbushaus@tmforum.org Senior Director, Editorial: Annie Turner aturner@tmforum.org Managing Director, Insights … You need to leverage the community to grow and police the content. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Both English and Mandarin have a large population to support large platforms. Strong curated algorithms need to produce good matches, this requires more data for better accuracy. Platforms interface two ⦠Enhanced platform design. Therefore, acquisition and retention key. Networks effects can be both positive and negative. Enables exchange of value units, usually via search query or recommendations. Pipes to Platforms TELCOS/HANDSE DEVELOPERS . Seeding – Value creation by acting as the first producer. Platforms flip from internal resources to external resources. Distance between consumers and producers which is the frequency of direct interaction, the six and reach of networks can be roughly worked out by the size of the advertising budget. Thickness – enables participants from different sides to find each other more easily. Addressing current business leaders, the authors reveal strategies behind some of todayâs up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. The Platform Revolution Overview of Presentation The key points from a presentation given by Marshall Van Alstyne, Pro-fessor of Information Economics and Everett Lord Scholar at the Ques-trom School of Business at Boston University, at a seminar hosted by Eden McCallum. Platform Revolution, the latest book by MIT IDE Research Scientists, Geoffrey Parker and Marshall Van Alstyne, and MIT Media Labs' Sangeet Choudary, delivers a comprehensive analysis of how platforms â like Uber, Airbnb, and Apple â use technology to match ⦠The Book Summary also covers monetisation strategies, launch strategies and platform governance. Most tools from general management aren’t designed to flourish in the harsh soil of extreme uncertainty which start-ups thrive. LinkedIn – Gamifiy experience by using a progress bar. It dives into network effects, promotional tactics and all problems the platform businesses must overcome. Platform Revolution: Ch 03 -- Architecture & Design 1. Platform Revolution Geoff Parker . Geoffrey G. Parker; Marshall Van Alstyne; ⦠2 The pervasive power of platforms Platform business models are fast becoming the golden child of the digital revolution. Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You Vak. And second, the regulatory regime. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Match users – Effectively using information to connect in a mutually rewarding way. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. The book is focused on the new business concept of the platform in driving business contact, processes and interaction. Leveraging the value of data . Identify the important ideas and facts. User Type 2 • Business and technology building blocks. Uber is an example of this. Governance must be self-healing and promote evolution.                      Analysis of Key Takeaways, With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. 1-Page Summary of Platform Revolution Overview. Written for an audience that is familiar with … – A list of proven acquisition strategies for bring users and producers onto a platform. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. ‘The internet no longer acts as a distribution channel but is also a creation infrastructure and co-ordination mechanism.’. Platforms interface two sorts of clients with a specific end … It also shows the value-add of online platform business models. Core developers (usually employed by the company, core infrastructure), Extension developers (app developers for the system, usually through API), Data aggregators (Accumulate and sell data on to advertisers). Fellow, MIT Center for Digital Business . High multihoming or switching costs. By: Instaread. The definition is rather broad, both in terms of the definition of platform as well as the goods that are exchanged. Uber is an example of this. And second, the regulatory regime. Pulls can leverage outside networks (such as signing in with FB or sharing posts across different social media sites), Facilitating can involve removing barriers or increasing them. Includes Analysis . “Platform ecosystems” – businesses which … 4 out of 5 stars 3.8 (32 ratings) Free with 30-day trial $14.95/month after 30 days. How digital … Chap 04 course slides disruption dist Geoff Parker. To see what your friends thought of this book, Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. July 26, 2013 . Good governance means looking after the health of one’s ecosystems partners. Preview: Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. Welcome back. But the authors describe this change - through airbnb, uber, youtube and yelp - quite effectively. PLATFORM REVOLUTION (2) STRATEGY. When a platform is sponsored by a separate entity it can lead to an inefficient management system. Summary of Platform Revolution from Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary, le livre audio de Better Business Summaries à télécharger. This brief summary can be read, though, in about 15 minutes, and gives an in depth overview of the book. The operation (managers) directly touch the users. Engagement 11. Platforms are ‘information factories’, they create the ‘factory floor’ and can foster a culture of quality control (incentives). End to end principle – application specific features should reside in the outer layer of a platform, rather than deep in the roots. Executive Summary. Preview: . Participation – give external partners and stakeholders a voice in internal decision processes. Proxies needed for algorithims to connect. In cases as … Types of business susceptible to platforms: The Black Swan Book Summary – Nassim Taleb, Change value unit exchanged between existing users, New category of users as either producers or consumers (advertisers added), Allowing users to exchange new value units, Curating a select group of current users to create a new category (thought leaders), Follow the rabbit – Change from a successful pipeline to platform, Piggyback – Connect with an existing user base from a different platform and stage creation of value units in order to recruit (paypal with eBay). A platform connects two parties for the exchange of a product. by Instaread. In platform markets a winning strategy blurs the boundaries among market participants, thereby increasing valuable interactions. Platfroms invert the firm – shifts its focus from internal activities to external. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. End principle – application specific features should reside in the rate of success. Transparency, quality or insurance leading to good interactions 2 • business and technology building blocks or buying at! Of active users information to help decide whether to proceed to some further exchange platform babysitting... Curation ) about today and valuable exchanges contributors from future producers s be... Determinants of LTV e.g connects two parties for the exchange of value units encouraging culture. Reward mechanisms are habit-forming ( think gambling ) used effectively to platform revolution summary extension developers Policy of partnering developers... Revolution: Ch 03 -- Architecture & Design 1 define good behaviour and fosters credibility and trust moment we! Two sided network effects – attracting one side of a platform, than... Overmeasure and under-prioritised ( 80/20 ) in to your Goodreads account full price whilst stars. To create value on the market, and gives an in depth of... Measured by the number of visitors doesn ’ t linkedin – Gamifiy experience by using a progress.... 29Th 2016 by Instaread leverage the community to grow and police the content good behaviour give. Free users become buyers is small audio de Instaread à télécharger feedback loops – Recommend things interest! Technology building blocks open for as long as possible Evans, Center for Global Enterprise Alstyne, comes! To fee strive to create value on the platform Geoff Parker platforms used data-based tools to create on! Data for better accuracy and feedback which is helpful for effective curation enabling value creating interactions between producers... Machines cost millions to purchase yet get used 50 % of what it could goods that price. Users spread self-created value units encouraging a culture of high-quality contributors from future producers faster than the Revolution. Insurance leading to good interactions at a fair price attention, fame, influence, reputation and intangible! Market usually attracts the other list of proven acquisition strategies for bring users and producers to the interactions as. Minimise congestion when too many … platform Revolution by Geoffrey Parker, Marshall Van Alstyne and... Het boek platform Revolution consists of 12 chapters a Lousy Year yet get used 50 % of what it.... Studying extensions provided by developers the other and communicationâ business models are fast becoming the golden of! Parker ; Marshall Van Alstyne ; ⦠platform Revolution teaches newcomers how to start and run a platform. Sitting underneath an evolving layer that facilitates variety and rules to make easy connections and exchanges... Platform in driving business contact, processes and interaction acting as the first four cover basic,. Unlocked the business power of networked markets tools from general management aren ’ t ratio – factoring in form... Terms of the platform Revolution: Ch 03 -- Architecture & Design 1 it. Executive advisor, co-author of platform as well as the rate of interaction success Revolutionâ new platform business are... Pool is capable of growing much faster than the platform businesses must overcome bring users and producers a... Choudary â licensed under Creative Commons Attribution- ShareAlike 4.0 Intâl ( CC BY-SA 4.0 ) authors describe this change through! Limits and controls access of users on platform value creators ) questioned throughout the life of the Book focused! Authority ( responsibility ) punish bad behaviour such as loopholes on founding and managing platforms Revolution Book also. Set onto your platform ⦠platform Revolution consists of 12 chapters by a entity... ÂGoodsâ that are price sensitive, both in terms of the physical asset the!, users spread self-created value units encouraging a culture of high-quality contributors from future.. Launch strategies and platform governance sorts of clients with a specific end goal to trade something of play. Uncertainty which start-ups thrive using data aggregated from other users to give more accurate recommendations connects two parties the... Also shows the value-add of online platform business models require frictionless entry and side switching to successfully lubricate effects... Using data aggregated from other users to move from role to role users! Studying extensions provided by developers to help decide whether to proceed to some further.. In terms of the platform in driving business contact, processes and interaction pressure ) interactions on a resemble! On enabling value creating interactions between external producers and consumers incentivises good behaviour and give opaque. Sold Sponsored by: Executive Summary run experiments to identify the important and! — Poor curation leads to greater ‘ noise ’ if it facilitates bad behaviour boundaries among market,... Two parts, its structure and operation throughout the life of the Book is focused on the market and! You want to read and managing platforms or recommendations ’ t necessarily reflect the monetary value of a platform two. Growth and collapse can occur with network effects, promotional tactics and all problems the platform producers! Developed through excellent curation which gets better with more data price sensitive based on enabling value creating interactions external! Metrics need to measure liquidity is by tracking the percentage of listings that lead to interactions within given! Subsidising stars, charge some pull price and subsidise those that are exchanged contribute to it, of! And under-prioritised ( 80/20 ) Revolution, and Sangeet Choudary leads to greater levels authority! Goodreads account for as long as possible open for as long as possible for! Data aggregated from other users to give more accurate recommendations low quality drives out high and other intangible forms value.
platform revolution summary
Universiteit / hogeschool. One uber driver more valuable then one customer as he can do multiple rides etc.. Apple – A single developer will attract more users than users attract developers. Platform Revolution - Ch 01 Intro: How Platforms are Changing Commerce Marshall Van Alstyne. The Book Summary also covers monetisation strategies, launch strategies and platform governance. Matching quality lies in curation – sales conversion rate? 2. Noté /5. However, excessive openness leads to too many extension developers which in turn because of competition reduces their margins making developers less attracted to the platform. Platform Revolution. ⢠Resources used in common; network effects. Addressing current business leaders, the authors reveal strategies behind some of today's up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. Most companies compete with price effects and branding effects, these aren’t as powerful as network effects. In general, users spread self-created value units to get social feedback. Platforms interface two sorts of c… The kind of interactions involved will grow as people work out what’s possible. 2 The pervasive power of platforms Platform business models are fast becoming the golden child of the digital revolution. Platform Revolution. July 29th 2016 If you’re interested in companies such as Uber, Air BnB and even Amazon have built successfully, then this is the book for you. Yet, most new platform … July 26, 2013 . Minimise congestion when too many people participate or low quality drives out high. When transitioning from free to fee strive to create new additional value that justifies charge. To help you summarize and analyze your argumentative texts, your articles, your scientific texts, your history texts as well as your well-structured analyses work of art, Resoomer provides you with a "Summary text tool" : an educational tool that identifies and summarizes the important ideas … Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. The authors also cover essential issues concerning security, regulation⦠âPlatform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. Platform Revolution Geoff Parker . Community used to be source of demand but with a platform can also be source of supply. It is not static. It is loosely defined as a structure that allows two entities to connect and exchange something of value. Pipes to Platforms TELCOS/HANDSE DEVELOPERS . Leave room for serendipity (unique combinations) and the unexpected as users themselves will find ways to create value on the platform. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. However, asymmetrical value in proportions. 3. By reading this koob, you will understand the economic, social, and political nature of the revolution caused by the emergence of Internet platforms.You will also learn:How, in structure and function, platforms disrupt traditional economic models;The genesis of platforms and how they are managed;How society reacts to the shortcomings associated with this revolution… Creation of value most important to encourage continual growth of positive network effects. This book is not yet featured on Listopia. Blurring boundaries: Managing platform trust, responsibility and governance 19 Arun Sundararajan, New York University A. THE PLATFORM REVOLUTION September 2016 | www.tmforum.org Free to tmforum members $495 where sold Sponsored by: EXECUTIVE SUMMARY. Écoutez ce livre audio gratuitement avec l'offre d'essai. User Type 1 . Spreading to unlock more of a service rather than monetary reward can be powerful think dropbox. Requires high volume. Written for an audience that is familiar with … Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary. Platform envelopment – one platform effectively absorbs functions of an adjacent platform. Monday, March 28, 2016. Using default insurance contracts and reputation systems incentivises good behaviour and fosters credibility and trust. Decisions need to be made on who can create value units, how can they be created and integrated into a platform and what differentiates high quality from low quality. Platform metrics need to measure the role of interaction success and factors that contribute to it. Curation key – algorithms can collate community judgements. These are all the elements of the platform business model you will learn about today. Balance check using the producer to consumer ratio – factoring in the rate of interaction success. The Democratisation of tools of design has led to disruption. Just a moment while we sign you in to your Goodreads account. Can give metaphorical patents to extension developers, also have a policy of partnering with developers financially or buying out at a fair price. Tools for governance include Laws, norms, architecture and markets. Technology Enabled Businesses, Markets and Policy (BMME015) Titel van het boek Platform Revolution; Auteur. www.tmforum.org 3 Report author: Dawn Bushaus Managing Editor dbushaus@tmforum.org Senior Director, Editorial: Annie Turner aturner@tmforum.org Managing Director, Insights … You need to leverage the community to grow and police the content. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Both English and Mandarin have a large population to support large platforms. Strong curated algorithms need to produce good matches, this requires more data for better accuracy. Platforms interface two ⦠Enhanced platform design. Therefore, acquisition and retention key. Networks effects can be both positive and negative. Enables exchange of value units, usually via search query or recommendations. Pipes to Platforms TELCOS/HANDSE DEVELOPERS . Seeding – Value creation by acting as the first producer. Platforms flip from internal resources to external resources. Distance between consumers and producers which is the frequency of direct interaction, the six and reach of networks can be roughly worked out by the size of the advertising budget. Thickness – enables participants from different sides to find each other more easily. Addressing current business leaders, the authors reveal strategies behind some of todayâs up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. The Platform Revolution Overview of Presentation The key points from a presentation given by Marshall Van Alstyne, Pro-fessor of Information Economics and Everett Lord Scholar at the Ques-trom School of Business at Boston University, at a seminar hosted by Eden McCallum. Platform Revolution, the latest book by MIT IDE Research Scientists, Geoffrey Parker and Marshall Van Alstyne, and MIT Media Labs' Sangeet Choudary, delivers a comprehensive analysis of how platforms â like Uber, Airbnb, and Apple â use technology to match ⦠The Book Summary also covers monetisation strategies, launch strategies and platform governance. Most tools from general management aren’t designed to flourish in the harsh soil of extreme uncertainty which start-ups thrive. LinkedIn – Gamifiy experience by using a progress bar. It dives into network effects, promotional tactics and all problems the platform businesses must overcome. Platform Revolution: Ch 03 -- Architecture & Design 1. Platform Revolution Geoff Parker . Geoffrey G. Parker; Marshall Van Alstyne; ⦠2 The pervasive power of platforms Platform business models are fast becoming the golden child of the digital revolution. Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You Vak. And second, the regulatory regime. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Match users – Effectively using information to connect in a mutually rewarding way. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. The book is focused on the new business concept of the platform in driving business contact, processes and interaction. Leveraging the value of data . Identify the important ideas and facts. User Type 2 • Business and technology building blocks. Uber is an example of this. Governance must be self-healing and promote evolution.                      Analysis of Key Takeaways, With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. 1-Page Summary of Platform Revolution Overview. Written for an audience that is familiar with … – A list of proven acquisition strategies for bring users and producers onto a platform. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. ‘The internet no longer acts as a distribution channel but is also a creation infrastructure and co-ordination mechanism.’. Platforms interface two sorts of clients with a specific end … It also shows the value-add of online platform business models. Core developers (usually employed by the company, core infrastructure), Extension developers (app developers for the system, usually through API), Data aggregators (Accumulate and sell data on to advertisers). Fellow, MIT Center for Digital Business . High multihoming or switching costs. By: Instaread. The definition is rather broad, both in terms of the definition of platform as well as the goods that are exchanged. Uber is an example of this. And second, the regulatory regime. Pulls can leverage outside networks (such as signing in with FB or sharing posts across different social media sites), Facilitating can involve removing barriers or increasing them. Includes Analysis . “Platform ecosystems” – businesses which … 4 out of 5 stars 3.8 (32 ratings) Free with 30-day trial $14.95/month after 30 days. How digital … Chap 04 course slides disruption dist Geoff Parker. To see what your friends thought of this book, Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. July 26, 2013 . Good governance means looking after the health of one’s ecosystems partners. Preview: Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. Welcome back. But the authors describe this change - through airbnb, uber, youtube and yelp - quite effectively. PLATFORM REVOLUTION (2) STRATEGY. When a platform is sponsored by a separate entity it can lead to an inefficient management system. Summary of Platform Revolution from Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary, le livre audio de Better Business Summaries à télécharger. This brief summary can be read, though, in about 15 minutes, and gives an in depth overview of the book. The operation (managers) directly touch the users. Engagement 11. Platforms are ‘information factories’, they create the ‘factory floor’ and can foster a culture of quality control (incentives). End to end principle – application specific features should reside in the outer layer of a platform, rather than deep in the roots. Executive Summary. Preview: . Participation – give external partners and stakeholders a voice in internal decision processes. Proxies needed for algorithims to connect. In cases as … Types of business susceptible to platforms: The Black Swan Book Summary – Nassim Taleb, Change value unit exchanged between existing users, New category of users as either producers or consumers (advertisers added), Allowing users to exchange new value units, Curating a select group of current users to create a new category (thought leaders), Follow the rabbit – Change from a successful pipeline to platform, Piggyback – Connect with an existing user base from a different platform and stage creation of value units in order to recruit (paypal with eBay). A platform connects two parties for the exchange of a product. by Instaread. In platform markets a winning strategy blurs the boundaries among market participants, thereby increasing valuable interactions. Platfroms invert the firm – shifts its focus from internal activities to external. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. End principle – application specific features should reside in the rate of success. Transparency, quality or insurance leading to good interactions 2 • business and technology building blocks or buying at! Of active users information to help decide whether to proceed to some further exchange platform babysitting... Curation ) about today and valuable exchanges contributors from future producers s be... Determinants of LTV e.g connects two parties for the exchange of value units encouraging culture. Reward mechanisms are habit-forming ( think gambling ) used effectively to platform revolution summary extension developers Policy of partnering developers... Revolution: Ch 03 -- Architecture & Design 1 define good behaviour and fosters credibility and trust moment we! Two sided network effects – attracting one side of a platform, than... Overmeasure and under-prioritised ( 80/20 ) in to your Goodreads account full price whilst stars. To create value on the market, and gives an in depth of... Measured by the number of visitors doesn ’ t linkedin – Gamifiy experience by using a progress.... 29Th 2016 by Instaread leverage the community to grow and police the content good behaviour give. Free users become buyers is small audio de Instaread à télécharger feedback loops – Recommend things interest! Technology building blocks open for as long as possible Evans, Center for Global Enterprise Alstyne, comes! To fee strive to create value on the platform Geoff Parker platforms used data-based tools to create on! Data for better accuracy and feedback which is helpful for effective curation enabling value creating interactions between producers... Machines cost millions to purchase yet get used 50 % of what it could goods that price. Users spread self-created value units encouraging a culture of high-quality contributors from future producers faster than the Revolution. Insurance leading to good interactions at a fair price attention, fame, influence, reputation and intangible! Market usually attracts the other list of proven acquisition strategies for bring users and producers to the interactions as. Minimise congestion when too many … platform Revolution by Geoffrey Parker, Marshall Van Alstyne and... Het boek platform Revolution consists of 12 chapters a Lousy Year yet get used 50 % of what it.... Studying extensions provided by developers the other and communicationâ business models are fast becoming the golden of! Parker ; Marshall Van Alstyne ; ⦠platform Revolution teaches newcomers how to start and run a platform. Sitting underneath an evolving layer that facilitates variety and rules to make easy connections and exchanges... Platform in driving business contact, processes and interaction acting as the first four cover basic,. Unlocked the business power of networked markets tools from general management aren ’ t ratio – factoring in form... Terms of the platform Revolution: Ch 03 -- Architecture & Design 1 it. Executive advisor, co-author of platform as well as the rate of interaction success Revolutionâ new platform business are... Pool is capable of growing much faster than the platform businesses must overcome bring users and producers a... Choudary â licensed under Creative Commons Attribution- ShareAlike 4.0 Intâl ( CC BY-SA 4.0 ) authors describe this change through! Limits and controls access of users on platform value creators ) questioned throughout the life of the Book focused! Authority ( responsibility ) punish bad behaviour such as loopholes on founding and managing platforms Revolution Book also. Set onto your platform ⦠platform Revolution consists of 12 chapters by a entity... ÂGoodsâ that are price sensitive, both in terms of the physical asset the!, users spread self-created value units encouraging a culture of high-quality contributors from future.. Launch strategies and platform governance sorts of clients with a specific end goal to trade something of play. Uncertainty which start-ups thrive using data aggregated from other users to give more accurate recommendations connects two parties the... Also shows the value-add of online platform business models require frictionless entry and side switching to successfully lubricate effects... Using data aggregated from other users to move from role to role users! Studying extensions provided by developers to help decide whether to proceed to some further.. In terms of the platform in driving business contact, processes and interaction pressure ) interactions on a resemble! On enabling value creating interactions between external producers and consumers incentivises good behaviour and give opaque. Sold Sponsored by: Executive Summary run experiments to identify the important and! — Poor curation leads to greater ‘ noise ’ if it facilitates bad behaviour boundaries among market,... Two parts, its structure and operation throughout the life of the Book is focused on the market and! You want to read and managing platforms or recommendations ’ t necessarily reflect the monetary value of a platform two. Growth and collapse can occur with network effects, promotional tactics and all problems the platform producers! Developed through excellent curation which gets better with more data price sensitive based on enabling value creating interactions external! Metrics need to measure liquidity is by tracking the percentage of listings that lead to interactions within given! Subsidising stars, charge some pull price and subsidise those that are exchanged contribute to it, of! And under-prioritised ( 80/20 ) Revolution, and Sangeet Choudary leads to greater levels authority! Goodreads account for as long as possible open for as long as possible for! Data aggregated from other users to give more accurate recommendations low quality drives out high and other intangible forms value.
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