Tag Archives: Platform Economy

Platforms are Transforming How We Need to Compete

Four Things You Should Know About Platforms

In 1980, an obscure professor at Harvard Business School named Michael Porter published Competitive Strategy, which called for managers to drive efficiency by optimizing their firm’s value chain, maximize bargaining bargaining power with buyers and suppliers, while at the same time minimizing threats from new market entrants and substitute goods. These concepts launched Porter into the top rank of strategic ...

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