Many think that “being a platform business” is beyond their business, their capabilities, and this quarter’s results. Being a “platform” is only for a select few companies. Not true! Being a platform is within many companies’ reach and would have several benefits in evaluating and pursuing. Even if being a platform is not the right strategy, evaluating your platform strategy creates healthy dialog and critical thinking for the current business and highlights strategic and operational opportunities.
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To Platform, Or Not to Platform -- That is…
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Many think that “being a platform business” is beyond their business, their capabilities, and this quarter’s results. Being a “platform” is only for a select few companies. Not true! Being a platform is within many companies’ reach and would have several benefits in evaluating and pursuing. Even if being a platform is not the right strategy, evaluating your platform strategy creates healthy dialog and critical thinking for the current business and highlights strategic and operational opportunities.