article thumbnail

The Serendipity Machine

Mills Scofield

It is an attitude of openness and sharing that anyone operating within a social network needs to have anyway. The company understands it as the fabric out of which value is created in the network economy. For this purpose, Seats2meet.com requires its users to register via its app or website before they book a workspace.

article thumbnail

8 Leading Areas for Change In Risk Management/Analysis In The Coming Years

Strategy Driven

Managers and people in higher positions, in general, are always looking for ways to improve bottom-line operations and minimize the risks. Businesses across the world have become an integral part of the networked economy. On the other hand, risk events that could potentially have a high impact on operations are imminent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Uber’s China Deal Says About the Limits of Platforms

Harvard Business Review

On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local competitor. Are there really global network economies? Do switching costs help sustain network advantages?

article thumbnail

Why the Problem with Learning Is Unlearning

Harvard Business Review

In every aspect of business, we are operating with mental models that have grown outdated or obsolete, from strategy to marketing to organization to leadership. ” But in a networked economy, the nature of strategy, value creation, and competitive advantage change from incremental to exponential.

Porter 8