platform thinking - how to re-think your business approach with a digital mindset

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netinfluence Digital thinking. Digital is not what you think it is. How to leverage the digital mindset to building innovative approach for businesses jeudi, 24 mars 16

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Page 1: Platform thinking - How to re-think your business approach with a digital mindset

netinfluence

Digital thinking.Digital is not what you think it is.

How to leverage the digital mindset to building innovative approach for businesses

jeudi, 24 mars 16

Page 2: Platform thinking - How to re-think your business approach with a digital mindset

netinfluence

Digital Isn’t Software,

It’s a Mindset.Aaron Dignan

jeudi, 24 mars 16

Page 3: Platform thinking - How to re-think your business approach with a digital mindset

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Default model: Pipelines

Most companies are on the pipeline model

/ Identify a pain

/ Designing a solution

/ Producing

/ Selling

Source: deviantart (Jbn0s0rus)

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Page 4: Platform thinking - How to re-think your business approach with a digital mindset

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Default marketing: 4Ps

Marketing theory is on the pipeline model too

/ Product

/ Price

/ Promotion

/ Place

Source: deviantart (Jbn0s0rus)

jeudi, 24 mars 16

Page 5: Platform thinking - How to re-think your business approach with a digital mindset

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Satisfaction erosion

What happens when needs are satisfied?

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Scaling

How can you scale except by producing more?

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What is the problem?

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You don’t solve all problem by «throwing stuff at them»

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Lots of problems are due to access problem.

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Ressources are becoming an issue

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We need to re-think production.

We need to re-think supply chain.

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Enter digital thinking

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Page 13: Platform thinking - How to re-think your business approach with a digital mindset

We have what it takes.netinfluence

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BIG DATA

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Page 15: Platform thinking - How to re-think your business approach with a digital mindset

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OptimizationA shift to optimization relies on a shift in thinking from a stuff-first to an information-first mindset.

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Page 16: Platform thinking - How to re-think your business approach with a digital mindset

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Page 17: Platform thinking - How to re-think your business approach with a digital mindset

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PlatformThe next step to optimization is finding a way to get rid of the inventory issues

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Page 18: Platform thinking - How to re-think your business approach with a digital mindset

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Platform modelDesign by freepix.com

The idea behind platform is to create and environment where consumers and producers have an interest to sharing things, without any intervention.

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Page 19: Platform thinking - How to re-think your business approach with a digital mindset

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Page 20: Platform thinking - How to re-think your business approach with a digital mindset

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Page 23: Platform thinking - How to re-think your business approach with a digital mindset

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Page 24: Platform thinking - How to re-think your business approach with a digital mindset

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Nike community platform

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Page 25: Platform thinking - How to re-think your business approach with a digital mindset

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Digital marketing: New 4Ps

Marketing theory has to evolve.

/ People

/ Platform

/ Product

/ Process

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Page 26: Platform thinking - How to re-think your business approach with a digital mindset

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3 angles

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Page 27: Platform thinking - How to re-think your business approach with a digital mindset

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The “stuff” approach

How can we create more stuff whenever the problem crops up?

The “optimization” approach

How can we better distribute the stuff already created to minimize waste?

The “platform” approach

How can we redefine stuff and find new ways of solving the same problem?

Re-thinking problem solving

jeudi, 24 mars 16

Page 28: Platform thinking - How to re-think your business approach with a digital mindset

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The “stuff” approach

Building more features / new phones

The “optimization” approach

Create a comparison app

The “platform” approach

Redefine what phone is (iPhone)

«I want the best phone»

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Game design

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Page 30: Platform thinking - How to re-think your business approach with a digital mindset

Play is more important than game

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Page 31: Platform thinking - How to re-think your business approach with a digital mindset

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Gaming mechanics

Game work because they are fun to play

/ Quest

/ Challenge

/ Progression Loop

/ Infinite

/ Interaction & emotions

/ Rules & constraints

/ Inner motivation

/ Action & feedback

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Page 32: Platform thinking - How to re-think your business approach with a digital mindset

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As soon as you can make the action fun and addictive and tied to a bigger goal you

have a platform.SANGEET PAUL CHOUDARY - MIT lab

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How to think digital

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Page 34: Platform thinking - How to re-think your business approach with a digital mindset

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Step 1 pain

Identify a pain point for a consumer

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Step 2 Core unit

Identify a «core unit» whose value will increase through exchange

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Core unitContent exchanged between producers and consumers.

i.e. On youtube this is video, on facebook, this is status.

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Step 3 interaction

Find a mechanic that will facilitate interaction & value exchange.

Think play. Not game.

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Make sure interaction will benefit to users

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Step 4 Ruling & toolbox

Define the rules & tools that will facilitate interaction and build the experience.

Make it simple.

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Page 40: Platform thinking - How to re-think your business approach with a digital mindset

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RulesTwitter:

- 140 characters max

- Can contain links

- Can be re-tweeted

- Can be trending

- Can follow anyone

- Can be liked

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Page 41: Platform thinking - How to re-think your business approach with a digital mindset

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If it doesn’t work for a group of 10 people, it will never

work as a large virtual platform

SANGEET PAUL CHOUDARY

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Page 42: Platform thinking - How to re-think your business approach with a digital mindset

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Step 5 Infrastructure

Build an infrastructure that will not only enable but also facilitate and encourage interaction.

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Page 43: Platform thinking - How to re-think your business approach with a digital mindset

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Platform don’t need marketing

They sell themselves.

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Page 44: Platform thinking - How to re-think your business approach with a digital mindset

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Key success factors

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Page 45: Platform thinking - How to re-think your business approach with a digital mindset

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Connection

How easy can people plug into your platform?

Can you make it easier?

Faster?

How can they share and make transaction easily?

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Page 46: Platform thinking - How to re-think your business approach with a digital mindset

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Gravity

How well does your platform attract people?

Do you attract both producers and consumers?

Have you designed the right systems to foster gravity? (incentives, reputation or pricing models)

Do you harness the power of social media?

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Page 47: Platform thinking - How to re-think your business approach with a digital mindset

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Flow

How does your platform increases value?

Do you foster on the exchange?

Do you contribute to increasing the value of co-creation?

How do you use data for matchmaking?

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Page 48: Platform thinking - How to re-think your business approach with a digital mindset

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what is the platform side to your business?

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Page 49: Platform thinking - How to re-think your business approach with a digital mindset

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Going digital Ask yourself 3 questions

A – What are the market weaknesses (frictions)

B – What are internal motivations?

C – What does technology allows you to do?

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Page 50: Platform thinking - How to re-think your business approach with a digital mindset

netinfluence

Change mindset Classical mindset

Vertical Control

Hierarchy CreationBuilding

Structure Property

Do what is best Company centric

Value of holding information Intelligence of experts

Production Status

Message Formal

Sedentary Social dependency

Validation Arguments Evaluation

Planification

Digital mindsetHorizontal Freedom Network ReusingIncrementationAgility Open source Do what is goodPeople centric Value of sharing informationCollective intelligenceContribution Content Proof Casual Nomadism AutonomyModerationVisuals Measure Trial

Source: agence Angie+1

jeudi, 24 mars 16