2min chapter

Talking about Platforms cover image

Platform professionals and Web3 with Peter C. Evans

Talking about Platforms

CHAPTER

The Rise of the Digital Hand

With the rise of digitization in the inner net am, you're kind of seeing a hybrid model now. We're what i call the digital hand, a where it's not completely the adam smithian world of atamistic decision making. But we're ing this hybrid with platforms at the center, where a platforms understand what the core is, but they're really facilitating this market. And so i think having companies think hard about what the digital hand means for the markets they operate in would help them to organize their strategy and a the value proposition that platforms bring.

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Speaker 1
You get the rise of very large companies like a us. Steel or general motors in the united states and sothose, those became flagship companies and very large, but they did that by bringing resources inside the firm and those professional the rise of the profes a manager, which alfred chandler pointed to was what he called the visible handis like, no, it's not adam smith. You need these managers that can coordinate more effectively. What's interesting is is that with the rise of digitization in the inner net am, you're kind of seeing a hybrid model now. We're what i call the digital hand, a where it's not completely the adam smithian world of, you know, atamistic decision making, and it's not the alfred chandler centralized big, a large, multi divisional corporation. But we're ing this hybrid with platforms at the center, where a platforms understand what the core is, but they're really facilitating this market. And so i think having companies think hard about what the digital hand means for the markets they operate in, and using that as a framework, like, i need to design my strategy and my organization to alline to the world, if the digital hand, would help them a lot in thinking about how to organize their strategy and a the value proposition that platforms bring.

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