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PLATFORM DESIGN, VALUE CREATION AND COMPETITIVE DISRUPTION - Coggle Diagram
PLATFORM DESIGN, VALUE CREATION AND COMPETITIVE DISRUPTION
- CORE INTERACTIONS AND VALUE CREATION
- Platforms connect different groups of users
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- Value is created through interactions
- More participants can attract more users
- Increased participation can increase platform value
- LinkedIn connects job seekers, employers, and professionals
- Determines how users and businesses interact
- Different components and services work together
- Supports flexibility and innovation
- Effective platform design
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- Amazon Web Services provides technology infrastructure
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- Digital platforms transform traditional business models
- New technologies create business opportunities
- Established companies face new challenges
- Businesses must adapt to market changes
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- Respond to customer needs
- Maintain competitive advantages
- Uber transforms traditional transportation services
- Airbnb changes how people find accommodation