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WhatsApp: The power of doing one thing extremely well

-+*WhatsApp has succeeded because it is focused on creating a great product, not another social network. What will make your business unique is what you deliberately choose not to do. After almost two years of chit-chat, WhatsApp sold to Facebook for $19 billion yesterday. For a moment, let’s ignore whatever we think about the valuation, […]

Q&A: Sangeet Paul Choudary on how open business models are changing how businesses compete

-+*This is part two of a Q&A with Sangeet Paul Choudary on platform businesses and open business models. In part 1, he answered some questions about platform businesses. Sangeet Paul Choudary writes the blog Platform Thinking which has been featured on leading publications and research labs including WSJ, HBR, WIRED, FastCompany and the MIT Centre […]

Q&A: Sangeet Paul Choudary on how to succeed with a platform business

-+*This is part 1 of a two part Q&A with Sangeet Paul Choudary about platforms and open business models. Sangeet Paul Choudary writes the blog Platform Thinking which has been featured on leading publications and research labs including WSJ, HBR, WIRED, FastCompany and the MIT Centre for Digital Business. He is an innovation analyst and […]

When everything becomes a toaster less is more

-+*Incremental innovation can have transformational effects, but we must also understand the limits of pursuing further efficiencies. Yesterday, I came across a post on Gizmodo about everyday products that were improved to be perfect. Just look at them, I know you’ll want to have a few of them. Though none of them are Apple products, […]

Complaining is not a strategy

-+*Many companies may start their lives playing to win, but inevitably end up playing not to lose. It is this cycle of being proactive and then reactive that may become a fact for your organization. Many books and blog posts have been written about the many reasons companies fail, a key reason is because they […]

Beyoncé’s use of the element of surprise was genius

-+*Isn’t it exciting when something unexpected happens? Something out of the ordinary? Of course it is. The shock heard around the world last week was how Beyoncé released her 5th studio album on iTunes without the typical marketing blitz that accompanies such album launches. I say shock because it really was a shock. Not only […]

Is too much experimentation unproductive for innovation?

-+*I must say, I’m highly experimental. So when I saw the tweet below, I was a little skeptical about the content.