Facebook is a fascinating company that exemplifies many of the digital concepts we have discussed in this course. In this article, we will explore how Facebook leverages network effects, data, artificial intelligence, platforms, and ecosystems to create value and competitive advantage. We will also analyze Facebook’s challenges and opportunities in the evolving digital landscape.
I recently visited Baidu’s headquarters in Beijing. It was an interesting visit and I learned a lot. Here are my three big takeaways.
Jeff Towson, a tech strategist and author, visited ByteDance’s TikTok headquarters in China.
He learned 3 important strategy lessons from his visit that can help businesses of all sizes succeed in the digital age.
In this podcast, Jeffrey Towson discusses four problems with Michael Porter’s Five Forces framework. He argues that the framework does not work for dynamic and non-classical strategy terrains, platforms and ecosystems, SMILE marathon dimensions, particularly innovation, and the emergence of a connected, digital world.
In this podcast, Jeffrey Towson discusses four problems with Hamilton Helmer’s 7 Powers framework. He argues that the framework is too simplistic, does not account for the role of technology, and does not take into account the different competitive dynamics in different industries.