How to turn a traditional business into a platform-based success
2019年12月12日 · While this solved individual business process challenges in the short-term, it created a business model and infrastructure that were not in sync. This led to a situation in which the company was unable to respond to market demands quickly enough owing to the lack of a connected, intelligent and scalable platform-based strategy.
5 steps towards becoming a digital platform business
2019年1月21日 · As companies seek to move towards a platform model, they find themselves challenged with rules of doing business that fundamentally differ from how they traditionally achieved success. Hardware companies seek to add digital services. Human resource services companies seek to add data-driven services.
Is your business model fit for the Fourth Industrial Revolution?
2019年1月15日 · ⦁ The most successful business model today – in terms of customer value, revenue growth rates and market valuation – is the digital platform business model. Seventy percent of the world’s top 10 most valuable companies (Amazon, Apple, Alibaba, Microsoft et al) and 70% of the $1 billion+ “Unicorn” startups (Didi, Airbnb et al ...
Transforming healthcare by moving from pipeline to platform
2022年5月23日 · Mayo Clinic Platform begins with a new digital foundation that is both flexible and highly secure. Our cloud-hosted platform – which houses one of the largest longitudinal clinical data sets in the world – uses certified, de-identified data in a federated learning model where, instead of sending data to tools, we have reversed the process to bring the algorithmic …
How to transform your business model for a post-COVID future
2020年11月9日 · The second factor is the resilience of a business model. We can classify business models along two dimensions, which lead to four types: Product, Project, Platform and Solution. Within the same industry sector, the business model types with higher inclusiveness have been better off because, on average, they showed higher resilience in times of ...
Building business platforms to improve citizen services
2021年11月24日 · The Belgium VDAB Matching platform of the public employment service of Flanders (BE) is one such example. Since 2015, VDAB has used the business platform model to establish an ecosystem of commercial partners that can …
5 circular economy business models for competitive advantage
2022年1月27日 · The born-circular has a direct economic interest in the extraction of all their products recoverable value. Their design focuses on making value recovery easy and effective. Their business model ensures that users are incentivized to return the products for example contractually, through deposits or in the product-as-a-service model.
Digital platforms must recognize gig workers' rights
2020年3月13日 · From a union standpoint, there is diversity in the platform business landscape: Some companies generally respect fundamental workers’ rights, but others, notably in personal transport, delivery, care and media services, refuse to acknowledge any employment relationship with the people who work for them.
How digitalization can help build a circular economy ecosystem
2022年8月25日 · To benefit from a digitalized ecosystem while protecting against a centralized digital platform owned by a dominant player, incumbents must realise a shared digital backbone for the circular economy that accelerates the transition and reduces time, cost and risk in implementing circular business models. Recent history shows how the emergence of ...
Here's how business can be a platform for social change
2020年11月17日 · Changemakers can operate within communities or corporations. In the light of the pandemic, it is increasingly clear that corporate longevity is intrinsically tied to how a business addresses environmental and social challenges for all of its stakeholders. A central piece of this is how a corporation empowers its people and communities.