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Facebook, PayPal, Alibaba, Uber-these companies have upended entire
industries by harnessing a single phenomenon: the platform business
model. Platform Revolution delivers the first comprehensive
analysis of how platforms match producers and consumers in a
multi-sided marketplace, unlocking hidden resources and creating
new forms of value. Platform Revolution explores the what, how and
why of this revolution and provides the first "owner's manual" for
creating a platform marketplace. It provides the essential guide to
unlocking the potential of an economic landscape transformed.
Uber. Airbnb. Amazon. Apple. PayPal. All of these companies
disrupted their markets when they launched. Today they are industry
leaders. What's the secret to their success? These cutting-edge
businesses are built on platforms: two-sided markets that are
revolutionising the way we do business. Written by three of the
most sought-after experts on platform businesses, Platform
Revolution is the first authoritative, fact-based book on platform
models. Whether platforms are connecting sellers and buyers, hosts
and visitors, or drivers with people who need a ride, Geoffrey G.
Parker, Marshall W. Van Alstyne and Sangeet Paul Choudary reveal
the what, how and why of this revolution and provide the first
"owner's manual" for creating a successful platform business.
Platform Revolution teaches newcomers how to start and run a
successful platform business, explaining ways to identify prime
markets and monetise networks. 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. The
authors also cover essential issues concerning security, regulation
and consumer trust, while examining markets that may be ripe for a
platform revolution, including healthcare, education and energy. As
digital networks increase in ubiquity, businesses that do a better
job of harnessing the power of the platform will win. An
indispensable guide, Platform Revolution charts out the brilliant
future of platforms and reveals how they will irrevocably alter the
lives and careers of millions.
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.
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