Platform Strategy
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PRINCIPLES
Enable value-interactions
Build fluidity
Enhance existing value propositions
Develop communities
External innovation
Positive feedback loops
POSITIONING
Collaboration vs competition
Open vs bounded
Participant selection
Own or participate
Aggregator/facilitator/community
Single owner/multiple owners
PARTICIPATION
Analyze choices and trade-offs
Apply game theory
Develop negotiation strength
Set contingent strategies
Make platform commitments
Identify scenarios and potential paths
DESIGN
Value for participants
Focused value creation
Transparency & information boundaries
Dampen negative feedback loops
Personalized value
Governance structures
CAPABILITIES
Platform strategy
Community management
Reputation measures
Applied analytics
User experience
Orchestration and facilitation
GROWTH
Participation incentives
Leverage existing relationships
Platform extension
Amplify value from participation
Build participant visibility
Promote interactions