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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

” ”Platformization” dissolves once-meaningful distinctions between product vs. process competitive advantage. .” ” ”Platformization” dissolves once-meaningful distinctions between product vs. process competitive advantage.

Process 12
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Why Porter's Model No Longer Works

Harvard Business Review

Big had the dollars to buy the mass-market access to consumers back when mass media was the only way to reach an audience. But when the capital requirements to enter markets have declined, the marginal cost of reaching consumers is effectively zero, and one-off production is not hard to do. Generic vs. Distinct.

Porter 17
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The More Experience You Have, the Worse You Are at Bootstrapping

Harvard Business Review

Academics have been writing about the Resource-Based View (RBV) — a theory of how companies can gain competitive advantage from their unique and valuable resources — since the 1980s, though the idea has been around for longer.

RBV 8
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Hybrid Business Models Look Ugly, but They Work

Harvard Business Review

Whereas product-based business models create value by selling differentiated products to market niches, platform-based business models create value by facilitating transactions across large, generic markets. — prior work emphasizes that firms should choose to produce either products or platforms but not blend the two.