News Formal

Should Your Company Build an Open or Closed Ecosystem?

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

One of the biggest decisions companies need to make is whether they want to build in a closed, proprietary ecosystem or an open one. While this is often thought of as a problem for digital companies, it applies to electric car makers, coffee makers, and more. When deciding, companies should follow four principles: 1) embrace the idea that open vs.

closed is a spectrum, not a binary, 2) balance benefits and costs through centralized governance, 3) pursue strategic differentiation through different levels of openness, and 4) help educate regulators on the tradeoffs.

Most companies, at one point or another, need to decide what kind of ecosystem they want to build or operate in. Consider a coffee maker like Keurig. Should it supply all of the pods for its machines or should it allow third parties to provide them ? Similarly, electric vehicle manufacturers like Tesla face the decision of whether to make their charging stations exclusive to their own cars or available to competitors.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 310. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

OceanGate co-founder says company didn't originally set out to build its own subGuillermo Sohnlein testified in a Coast Guard hearing on the Titan implosion.
स्रोत: ABC - 🏆 471. / 51 और पढो »

OceanGate Co-Founder Says Company Didn't Originally Plan To Build Its Own SubmersiblesGuillermo Sohnlein, co-founder and former CEO of OceanGate, testified at the U.S. Coast Guard's investigation into the Titan submersible implosion that the company's initial plan wasn't to build its own vessels. He said their vision was to acquire a fleet of commercial submersibles for charter.
स्रोत: ABC - 🏆 471. / 51 और पढो »

51-year-old introvert overcame her 'worst nightmare' to build her $1.2 billion companyAngie Hicks, the co-founder of Angi (formerly Angie's List), started the home services company with her former boss, Bill Oesterle, when she was 22 years old.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

US Adds Chinese Steel Company, Sweetener Maker To Entity List Over Forced LaborThe US has added a Chinese steel company and an artificial sweetener manufacturer to its entity list, accusing them of using forced labor from Xinjiang. This marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement.
स्रोत: nbcchicago - 🏆 545. / 51 और पढो »

US Blacklists Chinese Steel Company, Sweetener Maker Over Alleged Forced LaborThe US Department of Homeland Security (DHS) added a Chinese steel company and an aspartame sweetener maker to its entity list under the Uyghur Forced Labor Prevention Act, accusing them of involvement in forced labor practices in China's Xinjiang region. This marks the first time a China-based steel company or aspartame business has been targeted by US law enforcement.
स्रोत: NBCDFW - 🏆 288. / 63 और पढो »