This is my playbook for digital transformation strategy, which I use as a digital strategy consultant and professor. Most of what is written about digital strategy is conceptual, but this framework is designed to be operational and executable. It begins with the three core pillars of tech strategy: Re-imagining the Business, Creating a Digital Moats, and Building a Digital Operating System.
This is my playbook for the digital growth grind, which is the relentless and daily blocking and tackling of digital transformation strategy. It is the core operating system for digital companies, distinct from high-level strategic thinking. As a digital strategy consultant Jeffrey Towson emphasizes, mastering this grind is what separates successful companies from the rest.
Etsy is not just a single marketplace, but a collection of marketplaces that cater to different niches and communities. By acquiring and integrating new marketplaces, such as Reverb for musical instruments and Depop for fashion, Etsy is pursuing a growth strategy that leverages its core competencies and network effects. In this article, digital strategy consultant Jeff Towson analyzes the rationale and challenges of Etsy’s marketplace expansion strategy.
Discover the pivotal role of China’s evolving tech landscape and the rapid strides in AI technology, unraveling the intricate dynamics that promise to reshape ARM Holdings’ trajectory. Gain a comprehensive understanding of the strategic implications arising from these influences and how they navigate ARM’s future prospects in an ever-evolving global tech landscape.
In this episode of the Tech Strategy podcast, Jeff Towson discusses what Grab can learn from Amazon about growth and not from Meta. He explains how Amazon’s focus on customer experience and innovation has helped it grow into one of the world’s largest companies and how Grab can apply these lessons to its own business. Towson also talks about the potential benefits and risks of Grab’s growth strategy and how it could impact the future of ride-hailing and delivery services.
Grab recently held its 2002 Investor Day. They summarized their 1H results for 2022 and went through their current strategy, which is mostly about getting to operating profits. In my assessment, their push to operating profitability is mostly about 3 things: Growing revenue. Increasing efficiency (i.e., decreasing costs), especially in delivery. COO Alex Hungate’s presentation […]
In this podcast, Jeffrey Towson discusses the importance of growth and digital operating basics for sustainable success in the tech industry. He argues that most sustainable growth is based on 1-2 strong cores that continually adapt, and that companies should focus on investing in R&D, tech, and infrastructure to improve their user experience and operating efficiency.
In the past 3-4 months, Sea Limited stock price has fallen from $350 to $90 per share. That is interesting. The business model is as formidable as ever. It benefits from compelling long-term consumer spending growth trends in both SE Asia and Latin America. And, unlike Alibaba, Sea Limited is in +9 countries and is […]
In Part 1 and Part 2, I laid out a framework for Snowflake’s “data ecosystem” business model. I described it as +3 complementary platform business models with +4 network effects. And I think that explains most of what the company is doing right now. However, I also recently listened to an interview with CEO Frank […]
Most all sustainable growth is based on 1-2 strong cores. A profitable core is centered on the strongest position in terms of loyal customers, competitive advantage, unique skills, and ability to earn profits. To assess an adjacency move, consider the following factors: 1) how tightly the adjacency is tied to a strong core; 2) the attractiveness of the adjacency market; and 3) the ability to capture economic leadership in that market.