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Help your company adapt to the new rules of competition. If you
read nothing else on creating value with business platforms and
ecosystems, read these 10 articles. We've combed through hundreds
of Harvard Business Review articles and selected the most important
ones to help you reap the rewards of multisided platforms
(MSPs)—or defend your company against these formidable
opponents. This book will inspire you to: Assess the threat of
disruption from platforms in your industry Decide whether and how
to play with increasingly powerful platform businesses Choose the
right strategy for transforming your product into a platform
Harness network effects to maximize value for the partners in your
ecosystem Shift from managing products to managing interactions
Learn when moving first and growing fast will work—and
when it won't Manage winner-take-all dynamics This collection of
articles includes "Pipelines, Platforms, and the New Rules of
Strategy," by Marshall W. Van Alstyne, Geoffrey G. Parker, and
Sangeet Paul Choudary; "Strategies for Two-Sided Markets," Thomas
R. Eisenmann, Geoffrey Parker, and Marshall W. Van Alstyne;
"Finding the Platform in Your Product," by Andrei Hagiu and
Elizabeth Altman; "What's Your Google Strategy?," by Andrei Hagiu
and David B. Yoffie; "In the Ecosystem Economy, What's Your
Strategy?," by Michael G. Jacobides; "Right Tech, Wrong Time," by
Ron Adner and Rahul Kapoor; "Managing Our Hub Economy," by Marco
Iansiti and Karim R. Lakhani; "Why Some Platforms Thrive and Others
Don't," by Feng Zhu and Marco Iansiti; "Spontaneous Deregulation,"
by Benjamin Edelman and Damien Geradin; "Alibaba and the Future of
Business," by Ming Zeng; and "Fixing Discrimination in Online
Marketplaces," by Ray Fisman and Michael Luca. HBR's 10 Must Reads
paperback series is the definitive collection of books for new and
experienced leaders alike. Leaders looking for the inspiration that
big ideas provide, both to accelerate their own growth and that of
their companies, should look no further. HBR's 10 Must Reads series
focuses on the core topics that every ambitious manager needs to
know: leadership, strategy, change, managing people, and managing
yourself. Harvard Business Review has sorted through hundreds of
articles and selected only the most essential reading on each
topic. Each title includes timeless advice that will be relevant
regardless of an ever-changing business environment.
"a provocative new book" -- The New York Times AI-centric
organizations exhibit a new operating architecture, redefining how
they create, capture, share, and deliver value. Marco Iansiti and
Karim R. Lakhani show how reinventing the firm around data,
analytics, and AI removes traditional constraints on scale, scope,
and learning that have restricted business growth for hundreds of
years. From Airbnb to Ant Financial, Microsoft to Amazon, research
shows how AI-driven processes are vastly more scalable than
traditional processes, allow massive scope increase, enabling
companies to straddle industry boundaries, and create powerful
opportunities for learning--to drive ever more accurate, complex,
and sophisticated predictions. When traditional operating
constraints are removed, strategy becomes a whole new game, one
whose rules and likely outcomes this book will make clear. Iansiti
and Lakhani: Present a framework for rethinking business and
operating models Explain how "collisions" between AI-driven/digital
and traditional/analog firms are reshaping competition, altering
the structure of our economy, and forcing traditional companies to
rearchitect their operating models Explain the opportunities and
risks created by digital firms Describe the new challenges and
responsibilities for the leaders of both digital and traditional
firms Packed with examples--including many from the most powerful
and innovative global, AI-driven competitors--and based on research
in hundreds of firms across many sectors, this is your essential
guide for rethinking how your firm competes and operates in the era
of AI.
Can blockchain solve your biggest business problem? While the world
is transfixed by bitcoin mania, your competitors are tuning out the
noise and making strategic bets on blockchain. Your rivals are
effortlessly tracking every last link in their supply chains.
They're making bureaucratic paper trails obsolete while keeping
their customers' data safer and discovering new ways to use this
next foundational technology to sustain their competitive
advantage. What should you be doing with blockchain now to ensure
that your business is poised for success? "Blockchain: The Insights
You Need from Harvard Business Review" brings you today's most
essential thinking on blockchain, explains how to get the right
initiatives started at your company, and prepares you to seize the
opportunity of the coming blockchain wave. Business is changing.
Will you adapt or be left behind? Get up to speed and deepen your
understanding of the topics that are shaping your company's future
with the Insights You Need from Harvard Business Review series.
Featuring HBR's smartest thinking on fast-moving
issues--blockchain, cybersecurity, AI, and more--each book provides
the foundational introduction and practical case studies your
organization needs to compete today and collects the best research,
interviews, and analysis to get it ready for tomorrow. You can't
afford to ignore how these issues will transform the landscape of
business and society. The Insights You Need series will help you
grasp these critical ideas--and prepare you and your company for
the future.
How to compete in a world dominated by tech giants. A new breed of
monopolies is threatening your business. Tech mega-firms from
around the world are encroaching on your industry's space,
rewriting the rules, and scooping up talent--and your customers.
What should you and your company be doing right now to counter
these challenges? Monopolies and Tech Giants: The Insights You Need
from Harvard Business Review will provide you with today's most
essential thinking on corporate inequality and the future of
antitrust, help you understand what these threats mean for your
organization, and give your company the tools to succeed in the
winner-take-all economy. Business is changing. Will you adapt or be
left behind? Get up to speed and deepen your understanding of the
topics that are shaping your company's future with the Insights You
Need from Harvard Business Review series. Featuring HBR's smartest
thinking on fast-moving issues--blockchain, cybersecurity, AI, and
more--each book provides the foundational introduction and
practical case studies your organization needs to compete today and
collects the best research, interviews, and analysis to get it
ready for tomorrow. You can't afford to ignore how these issues
will transform the landscape of business and society. The Insights
You Need series will help you grasp these critical ideas--and
prepare you and your company for the future.
A comprehensive and multidisciplinary view of the emerging paradigm
of user and open innovation, offering both theoretical and
empirical perspectives. The last two decades have witnessed an
extraordinary growth of new models of managing and organizing the
innovation process that emphasizes users over producers. Large
parts of the knowledge economy now routinely rely on users,
communities, and open innovation approaches to solve important
technological and organizational problems. This view of innovation,
pioneered by the economist Eric von Hippel, counters the dominant
paradigm, which cast the profit-seeking incentives of firms as the
main driver of technical change. In a series of influential
writings, von Hippel and colleagues found empirical evidence that
flatly contradicted the producer-centered model of innovation.
Since then, the study of user-driven innovation has continued and
expanded, with further empirical exploration of a distributed model
of innovation that includes communities and platforms in a variety
of contexts and with the development of theory to explain the
economic underpinnings of this still emerging paradigm. This volume
provides a comprehensive and multidisciplinary view of the field of
user and open innovation, reflecting advances in the field over the
last several decades. The contributors-including many colleagues of
Eric von Hippel-offer both theoretical and empirical perspectives
from such diverse fields as economics, the history of science and
technology, law, management, and policy. The empirical contexts for
their studies range from household goods to financial services.
After discussing the fundamentals of user innovation, the
contributors cover communities and innovation; legal aspects of
user and community innovation; new roles for user innovators; user
interactions with firms; and user innovation in practice,
describing experiments, toolkits, and crowdsourcing, and
crowdfunding. Contributors Efe Aksuyek, Yochai Benkler, James
Bessen, Joern H. Block, Annika Bock, Helena Canhao, Jeroen P. J. de
Jong, Emmanuelle Fauchart, Dominique Foray, Nikolaus Franke, Johann
Fuller, Helena Garriga, Fred Gault, Fredrik Hacklin, Dietmar
Harhoff, Joachim Henkel, Cornelius Herstatt, Christoph Hienerth,
Venkat Kuppuswamy, Karim R. Lakhani, Christopher Lettl, Christian
Luthje, Ethan Mollick, Hidehiko Nishikawa, Alessandro Nuvolari,
Susumu Ogawa, Pedro Oliveira, Stefan Perkmann Berger, Frank Piller,
Christina Raasch, Susanne Roiser, Fabrizio Salvador, Pamela
Samuelson, Tim Schweisfurth, Sonali K. Shah, Christoph Stockstrom,
Katherine J. Strandburg, Stefan Thomke, Andrew W. Torrance, Mary
Tripsas, Georg von Krogh
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