This is part 2 about Xiaomi, Meitu and 7 reasons why platforms / ecosystems succeed or fail. Part 1 is here.
7 reasons why ecosystems (and platforms) fail (by BCG):
- Insufficient problem to solve
- Wrong ecosystem configuration
- Wrong governance choices
- Inadequate monetization
- Weak launch strategy
- Weak defensibility
- Bad execution
Cited in this talk:
Related podcasts and articles:
- Ecosystems vs. Digital Platforms
- SMILE Marathon #5: Ecosystem Orchestration and Management
- Switching costs
- Share of consumer mind
Companies for this class:
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