The World's Best Book Summaries
What are the differences between the platform and pipeline business models? How do platforms rely on networks? Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary state that platforms will replace pipelines as the new business model. In addition to facilitating direct producer-consumer connections, platforms differ from pipelines in three important ways. Let’s explore the pipeline vs. platform business models.
Are there problems in your organization? How can you fix managerial issues? The Leadership Pipeline is a theoretical model for categorizing leadership responsibilities that employees must fulfill to keep an organization healthy. One of the benefits of using the Pipeline is that it easily identifies organizational problems. Learn how easy it can be to pinpoint the root of the problem with the Leadership Pipeline.
What are the benefits of platform business models? How are platforms affecting politics and the economy? Platforms aren’t just an alternative to pipelines. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary say platforms are outperforming pipelines and, in the process, transforming the world. We’ll explain why platforms are taking over the market and explore the economic, social, and political effects.
What are the stages of leadership development? How does each step in the Leadership Pipeline lead to the CEO? There are six stages to describe the hierarchy of management in the largest organizations. If you work in a smaller organization, you may need to leave out or adapt some stages of the Leadership Pipeline. Let’s look at the specific requirements for each stage of leadership development.
Do you know what your company’s purpose is? Why does your business need a purpose? If you want to design your own platform business model, we recommend you start by defining its central purpose. This is the connection that users come to the platform for. Keep reading to learn how to find your company’s purpose so you can design a platform.
What does it mean to be a good line manager? What are the responsibilities of line managers? The first stage of the Leadership Pipeline is the line manager. They are the ones who manage a team of front-line workers who directly handle the organization’s day-to-day operations. Continue reading to learn how to be a good line manager to your employees.
How do you build a platform business? What type of participants are important for platforms? Platform business models are game-changers, and you might be inspired to start your own platform business. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary cover three design fundamentals to consider as you get started. Below we’ll look at how to build a platform business using the three design fundamentals.
What’s a second-level manager? Are you training employees to become managers? The second stage of the Leadership Pipeline is the second-level manager. They are in charge of several teams and are responsible for the performance of line managers. If you’re a second-level manager or are about to be one, continue reading for advice given by experts.
What type of participants do you want for your business? How do you attract users? As you design your platform, you must make choices about which participants you want to invite to your platform and what they’ll be allowed to do. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary primarily focus on two types of participants: users and external developers. Keep reading to learn how to get users and external developers to use your platform.
What is a functional manager? What type of skills do functional managers need? Functional managers are in charge of a functional department. This is part of an organization that comprises all the teams working to accomplish a single specialized function. Continue reading for a basic overview of a functional manager’s job description.