Can Xiaomi or Meitu Win as Platforms / Ecosystems? (2 of 2) (Jeff’s Asia Tech Class – Podcast 44)

 

This is part 2 about Xiaomi, Meitu and 7 reasons why platforms / ecosystems succeed or fail. Part 1 is here.

You can listen here or at iTunes, Google Podcasts and Himalaya.

7 reasons why ecosystems (and platforms) fail (by BCG):

  1. Insufficient problem to solve
  2. Wrong ecosystem configuration
  3. Wrong governance choices
  4. Inadequate monetization
  5. Weak launch strategy
  6. Weak defensibility
  7. Bad execution

Cited in this talk:

This is part of Learning Goals: Level 7, with a focus on:
  • #30: Ecosystems vs. Digital Platforms

Concepts for this class:

  • Ecosystems vs. Digital Platforms
  • SMILE Marathon #5: Ecosystem Orchestration and Management
  • Switching costs
  • Share of consumer mind

Companies for this class:

  • Xiaomi
  • Meitu

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