Defining the platform strategy
To create a platform strategy, we must understand what goes into creating a good platform strategy or the components that make up a strong strategy. But before that, we must know the different types of platform strategies and how to select the right one in conjunction with the business strategy. Therefore, let's first understand which platform strategy is best suited for the business strategy that is appropriate for our platform.
Types of platform strategy
Understanding the types of platform strategies is a continuation of understanding different business strategies. The business strategy of a platform will determine and derive its platform strategy. Hence, choosing the right platform strategy is dependent on which business strategy you have selected.
Building on top of the chosen business strategy and going deeper into the execution and application of that business strategy will lead us to define the platform strategy. So, let's explore...
