Platform Business Models for Executives: Management for Professionals

Chapter 1. Introduction to core concepts.- Chapter 2. Network effects.- Chapter 3. Value creation – DMTE (cost reduction, choice, community).- Chapter 4. Penguin problems and network mobilization issues.- Chapter 5. Pricing and subsidies.- Chapter 6. Platform architecture – open/closed and shared/ proprietary platforms.- Chapter 7. Winner-takes-all dynamics.

R Srinivasan is Professor of Strategy at the Indian Institute of Management Bangalore. He teaches courses on strategy and platform business models for M.B.A. students at IIMB and the Friedrich Alexander University of Erlangen-Nuremberg, Germany. He has written a lot of cases and articles on platform businesses in India and Germany. He also engages with a variety of startups and businesses that operate platform business models as an advisor and a consultant. He earned his doctoral degree from the Indian Institute of Management Ahmedabad.

This book takes a practice approach to studying platform business models. Drawing from the growing academic literature as well as the practice world, this book intends to provide a framework for analysing platform business firms. Leveraging on the early literature on network economics (that was largely analytical) and the popular writing about new organizations, this book takes a strategic perspective. It answers the five big strategy questions about platform business firms: a. What are platform business models, and how are they different from others; b. How do platform business firms operate, and what value do they create? To whom and how; c. What are those resources that platforms possess and leverage to create and sustain their competitive advantage over others; d. Why and how are they successful? Why do they perform differently from others? What metrics of performance should we use to study and analyse their performance; e. Is this business model sustainable? What determines the longevity of such firms? What are the regulatory and social challenges that these platform business firms face? How do regulators and the larger society manage the disproportionate power distribution among such firms?

Provides crisp yet complete details on the topic for executives on the go Elucidates platform business models and contrasts it with other business models Presents a comprehensive view of the strategic choices a platform business needs to make