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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

Rethinking process optimization — visualizing processes as platforms — can transform your business model. In a platform business model, firms create value primarily by connecting users and third parties, and they capture value by charging fees for access to the platform.

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Why Social Marketing Is So Hard

Harvard Business Review

The old model for customer relationships — that is, the one still used by many companies today — is built around a buying funnel that progresses from awareness to consideration to purchase to loyalty. Fundamentally, this is an information model where companies provide the information and customers consume it.