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Learn from their experience with five major principles for creating new value with platforms.
Boards have two broad responsibilities: overseeing the protection of existing value and creating new value.
In Kenya, M-Pesa continues creating new value by building a suite of financial services.
You know your platform is most effective when those capabilities come from ecosystem users creating new value for other users.
But creating new value for the Puck by adding the condominiums is, to his mind, a way of perpetuating the Kushner family's ownership stake.
It stems from what economists call rent-seeking — tapping into the economic value created by someone else, rather than creating new value.
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The BBC's director of television, Jana Bennett, said recently the BBC's campaign for the renewal of its charter was about "creating new values".
In particular, Hyundai will focus on "improving quality, creating new values through new thinking, and developing advanced eco-friendly technologies to contribute to a greener society," Yang said.
Fourth, does it create new value networks, including sales channels?
You have to create new value at every step.
"An old pipe is only valuable if you create new value".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com