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08 Jun 2016

Edwin Sim looks at how platforms are transforming business strategy.

Apple, Uber and Airbnb are overrunning incumbent product-push pipeline businesses by exploiting platforms and leveraging new rules of strategy.

In a recent Harvard Business Review article, “Pipelines, Platforms and the rules of strategy”, the authors said in today’s digital internet environment, scale trumps differentiation.

“Platform businesses bring together producers and consumers in high-value exchanges.”

 

Platforms – major assets

In contrast to traditional product pipeline sales organizations, platforms chief assets are information and interactions, the sources of the value they create and their competitive advantage.



21 Apr 2016

People prefer to shop online and in heartland malls

Why battle ridiculously heavy traffic and crowded trains and elbow your way past hordes of annoying people who can’t stop blocking the escalators when you can buy the exact same things on the internet or in heartland malls?

Once upon a time, shopping in heartland malls meant wearing This Fashion clothes or being limited to the book selection at Popular.

Nowadays, new heartland malls are much more happening. There are stores like Kate Spade Saturday, Calvin Klein Jeans and Armani Exchange at Westgate, while Nex at Serangoon has a rooftop garden with, get this, a dog park, which we have to admit is freaking cool.

Even if you live in Bukit Batok or Yishun, where the...