THE PLATFORM THINKING WORKSHOP
E N D
Presentation Transcript
THE PLATFORM THINKING WORKSHOP http://platformed.info
http://platformed.info @sanguit Testing hypotheses is good... ...but what should you be testing?
http://platformed.info @sanguit BUSINESS DESIGN
http://platformed.info @sanguit 2 families of business models
PIPE THINKING Image: Creative Commons/Flickr
DISTRIBUTION PRODUCTION ASSEMBLY Value created upstream, delivered downstream
Apps DEVELOPERS USERS
HOSTS TRAVELERS Listings
Videos VIDEO CREATORS VIDEO VIEWERS
Tweets TWEET CREATORS TWEET READERS
http://platformed.info @sanguit VALUE PRODUCERS CONSUMERS PLATFORM
http://platformed.info @sanguit SHIFT HAPPENS!
CONTENT CREATORS © Platform Thinking TV CHANNELS @sanguit PLATFORMED.INFO VIEWERS TV Channels YouTube VIDEO CREATORS VIDEO VIEWERS
EXPERT WRITERS © Platform Thinking ENCYCLOPEDIA CREATOR @sanguit ENCYCLOPEDIA READERS PLATFORMED.INFO Encyclopedia Britannica Wikipedia WRITERS READERS
© Platform Thinking TELCOS/HANDSET MFRS @sanguit PLATFORMED.INFO Nokia, BlackBerry, Telcos DEVELOPERS CONSUMERS iPhone, Android DEVELOPERS USERS
© Platform Thinking TRAVEL AGENTS @sanguit PLATFORMED.INFO Hotels HOTELS TRAVELERS AirBnB HOSTS TRAVELERS
http://platformed.info @sanguit SHIFT DRIVERS
DATA TARGET knows before it shows TARGET knows before it shows!
http://platformed.info @sanguit THREE SHIFTS
http://platformed.info @sanguit LINEAR TO NETWORKED Democratization of access
http://platformed.info @sanguit LINEAR TO NETWORKED Democratization of access CONSUMERS TO CREATORS Democratization of creative tools
http://platformed.info @sanguit LINEAR TO NETWORKED Democratization of access CONSUMERS TO CREATORS Democratization of creative tools STUPID TO SMART Explosion of consumption data
Digging deeper... PIPES vs. PLATFORMS
Unit of Value PRODUCER CONSUMER >> >> >>
PRODUCER CONSUMER >> >> >> 1. Producer owns Pipe 2. Producer controls movement of value (product/service) 3. Linear Flow of Value
PRODUCER CONSUMER >> >> >> PLATFORM 1. Producer role distinct from Platform
PRODUCER CONSUMER PLATFORM 2. Platform orchestrates movement of value (information) 3. Networked Flow of Value (information)
http://platformed.info @sanguit So how do you design a platform?
http://platformed.info @sanguit Let’s start with... The 3 principles of Pipe Design
Unit of Value PRODUCER CONSUMER >> >> >> 1. Define the Unit of value (product/service)
PRODUCER CONSUMER >> >> >> 2. Design the Process that creates and delivers this Unit
PRODUCER CONSUMER >> >> >> 3. Design the Pipe that enables this Process
http://platformed.info @sanguit Moving on to... The 3 principles of Platform Design
http://platformed.info @sanguit CORE VALUE UNIT 1. Define the Core Value Unit Basic unit of information created and consumed on the platform
© Platform Thinking @sanguit PLATFORMED.INFO UNITS 2. Design the Interaction around the Core Value Unit Creation - Curation - Consumption PRODUCERS CONSUMERS
http://platformed.info @sanguit UNITS 3. Design the Platform that enables this Interaction PRODUCERS CONSUMERS PLATFORM
http://platformed.info @sanguit PLATFORM THINKING in one line... The goal of your business is to enable interactions between producers and consumers
http://platformed.info @sanguit UNDERSTANDING VALUE FOR USERS Why do users participate in interactions?
http://platformed.info @sanguit Three sources of value Standalone Value Network Value Off-platform Value
http://platformed.info @sanguit Standalone Value Tools for producers
http://platformed.info @sanguit Network Value Access for Producers
http://platformed.info @sanguit Network Value Access for Consumers
http://platformed.info @sanguit Off-Platform Value that enables the core interaction Central Guarantees User Incentives Platform Currencies