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5 steps to turning your company into a platform

We can all see the future around us. Uber, Airbnb and Alibaba have all seemed to come out of nowhere to take commanding positions in their respective sectors of local transportation, hospitality and retail. Together, they and other companies that are basically network orchestrators with a digital platform are leading a revolution in business model design.

You, as an IT leader in a traditional sector of the economy, might wonder what this revolution has to do with you and your company. Everything. The benefits of this new model are so compelling, and the underlying premise is so basic, that it will inevitably take root in virtually every sector. And as an IT leader, it is your responsibility to help your company adapt as soon as possible.

It is clear that technology is changing everything: what we want (knowledge and relationships versus things and services) and from whom we want it (each other). That simple formulation is…

Read the entire article from CIO.com here: 5 steps to turning your company into a platform


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