Archivio tag per: global

Digital platforms: taking over the world

Reading time: 6 minutes

15 Nov
15/11/2017
Foto del profilo di Olga Annushkina

by Olga Annushkina

SDA Professor of Strategic and Entrepreneurial Management

Digital platforms are creating anxiety among “traditional” incumbent businesses. “What if Google enters our business…?” is a common quest emerging from participants at a certain point of the scenario planning exercises we run in our classrooms. Every single business “household” in every single industry and in every single location seems to be threatened by these approaching massive waves of linked and networked clients and suppliers. Not only Airbnb it threatening the hotel business, taxis with Uber or Lyft and retailers with Amazon and Alibaba and the like, also the producers of industrial goods are watching closely Nest, Samsara, Greenwave systems and many others.

The platforms operate via a two/multi-sided market business model, connecting suppliers and buyers or providers of a service and its users, like Alibaba, Uber, or Taskrabbit. The financial sustainability of the business models based on platforms is related mainly to the economies of scale and to network effects. Once the core technology and business processes are in place, the cost of adding any new user to the platform is negligent, therefore contributing to strong economies of scale effect. In particular, once the “chasm” is crossed, the economies of scale continue persistently creating value for the platforms except for the moments when the growing amount of users is requiring the sequential production capacity updates. The network effect is enhanced by every new user (or supplier) that is making the service or the product more valuable to the existing or potential users. The scale economies and the network effect are both pushing the platform-based companies to grow, domestically and internationally.

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The art of culinary: building a global business. An interview with Alexander Blanc

Reading time: 7 minutes

04 Mag
04/05/2017
Foto del profilo di Olga Annushkina

by Olga Annushkina

SDA Professor of Strategic and Entrepreneurial Management

1J2A0827_ED-resizedGrowing abroad in the food services industry is challenging: local tastes and flavours, local food rituals, local religious and cultural constraints, local legislation on safety and quality. Add the perishability issue, high transportation costs and constantly changing cross border tariff and non-tariff barriers and you receive a perfect recipe of a business context for “fortune favours the bold” type of people. Exactly how I would describe Alexander Blanc, a Russian-Israeli, whom I met in 1999 in Milan when we both worked in management consulting.
Today we discuss the differences of doing business in three different locations – Moscow, Singapore and Bucharest – for Culinaryon, an international culinary school, the “Disneyland of culinary schools”.

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Knowledge Management: common sense, not common practice

Reading time: 6 minutes

13 Apr
13/04/2016

Foto del profilo di Markus Venzin

by Markus Venzin

SDA Professor of Strategic and Entrepreneurial Management

One of the main reasons why multinational firms exist is because they gain competitive advantage over purely local rivals by sharing knowledge across borders. But after more than two decades of articles and projects around the topic of management of knowledge (KM), KM as a managerial tool in multinational corporations (MNCs) is still showing a varying degree of impact, depending on the internal organizational culture, the incentives provided for collective participation or the ability of companies to effectively exploit the knowledge they produce on a global scale.

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