Why Most Incumbents Should Forget About Platforms and Build Consumption Ecosystems (144)
This week’s podcast is Production and Consumption Ecosystems as digital business models. This thinking is mostly by Professor Mohan Subramaniam, who wrote the book The Future of Competitive Strategy: Unleashing the Power of Data and Digital Ecosystems.You can listen to this podcast here, which has the slides and graphics mentioned. Also available at iTunes and Google Podcasts.My 9 digital business models are:Linear business models (i.e., pipelines)Production EcosystemsConsumption EcosystemsCompany EcosystemsPlatformsPipeline plus Platform Business ModelProtocol networks (i.e., blockchains) as stand-alone businessesPlatform-protocol hybridsProtocol ecosystems (i.e., building blocks)---—-Related articles:9 Digital Business Models: An Intro to Consumption Ecosystems (2 of 2) (Tech Strategy – Daily Article)The Big Strategy Concepts for Web 3 (1 of 3) (Tech Strategy – Daily Article)Why I Really Like Amazon’s Strategy, Despite the Crap Consumer Experience (US-Asia Tech Strategy – Daily Article)3 Big Questions for GoTo (Gojek + Tokopedia) Going Forward (2 of 2)(Winning Tech Strategy – Daily Article)From the Concept Library, concepts for this article are:Production and Consumption EcosystemsDOB4: Connectedness Interoperability and Collaboration Based Business ModelsPlatform Types: Coordination, Collaboration and StandardizationFrom the Company Library, companies for this article are:Haier———-I write, speak and consult about digital strategy and transformation.I also host Tech Strategy, a podcast and subscription newsletter on the strategies of the best digital companies in the US, China and Asia.This content (articles, podcasts, website info) is not investment, legal or tax advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. This is not investment advice. Investing is risky. Do your own research.Support the show