Can Xiaomi or Meitu Win as Platforms / Ecosystems? (2 of 2) (44)

This is part 2 about Xiaomi, Meitu and 7 reasons why platforms / ecosystems succeed or fail. Part 1 is here.

You can listen here or at iTunes, Google Podcasts and Himalaya.

7 reasons why ecosystems (and platforms) fail (by BCG):

Insufficient problem to solveWrong ecosystem configurationWrong governance choicesInadequate monetizationWeak launch strategyWeak defensibilityBad execution

Cited in this talk:

Why Do Most Business Ecosystems Fail (BCG)

Related podcasts and articles:

Xiaomi, Meitu and Why Platforms Fail (1 of 2) (Jeff’s Asia Tech Class – Podcast 43)Review: Why Digital Platforms Are the Super Predators of Business (Jeff’s Asia Tech Class – Podcast 16)

This is part of Learning Goals: Level 7, with a focus on:

#30: Ecosystems vs. Digital Platforms

Concepts for this class:

Ecosystems vs. Digital PlatformsSMILE Operational Marathon: Ecosystem Orchestration and ManagementSwitching costsShare of consumer mind

Companies for this class:

XiaomiMeitu

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I write, speak and consult about how to win (and not lose) in digital strategy and transformation.

I am the founder of TechMoat Consulting, a boutique consulting firm that helps retailers, brands, and technology companies exploit digital change to grow faster, innovate better and build digital moats. Get in touch here.

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