Post by account_disabled on Jan 5, 2024 23:49:56 GMT -5
Raised $100 million last year and is expected to be worth $100 million. I think at least part of the success is due to the company recognizing that it has to think about risk differently and manage it. Platform businesses, such as, transportation services, and even dating sites, often talk about themselves as if they are just matchmakers (which some of them are). This is an attractive statement when a company is negotiating with potential investors. After all, bringing buyers and sellers together online and taking a small cut of the transaction is relatively cheap and infinitely scalable. That's what investors like.
But here’s what any platform business that wants to thrive must learn: matchmaking isn’t everything. About the author is a professor of management practice at China Europe International Business School in Shanghai. Tags: business model innovation crisis management platform Job Function Email List reputation risk management Repost: More like this Using open source for safer generative to your boardroom MIT Connect Reinventing Procurement: From Cost Center to Innovation The effectiveness of shortcuts in driving decisions You must be logged in to post a comment. First time here? Sign up for a free account: comment on articles and access more articles. Magazine’s Fall Issue Why Tech Companies Don’t See Their Biggest Problems Coming.
Five blind spots keep companies from overlooking the need for crisis management planning, but they are solvable. Ian Mitroff Year Month Day Reading Time: Minutes Topics Leadership Management Techniques Crisis Management Leading Change Subscribe Access and Share What to Read Next Year Eight Essential Leadership Skills Five Tips for Improving One-on-One Meetings Build a Stronger Culture: Year Must-Read Books for Departments MIT Must-Read Books for Artificial Intelligence of the Year Pitfalls Obstacles Blind Spots Tech Company Strategies Crisis Management Planning Since Mark Zuckerberg recently testified before Congress about the unauthorized release of millions of users’ private data.
But here’s what any platform business that wants to thrive must learn: matchmaking isn’t everything. About the author is a professor of management practice at China Europe International Business School in Shanghai. Tags: business model innovation crisis management platform Job Function Email List reputation risk management Repost: More like this Using open source for safer generative to your boardroom MIT Connect Reinventing Procurement: From Cost Center to Innovation The effectiveness of shortcuts in driving decisions You must be logged in to post a comment. First time here? Sign up for a free account: comment on articles and access more articles. Magazine’s Fall Issue Why Tech Companies Don’t See Their Biggest Problems Coming.
Five blind spots keep companies from overlooking the need for crisis management planning, but they are solvable. Ian Mitroff Year Month Day Reading Time: Minutes Topics Leadership Management Techniques Crisis Management Leading Change Subscribe Access and Share What to Read Next Year Eight Essential Leadership Skills Five Tips for Improving One-on-One Meetings Build a Stronger Culture: Year Must-Read Books for Departments MIT Must-Read Books for Artificial Intelligence of the Year Pitfalls Obstacles Blind Spots Tech Company Strategies Crisis Management Planning Since Mark Zuckerberg recently testified before Congress about the unauthorized release of millions of users’ private data.
