Open Innovation Ecosystem
Open Innovation Ecosystem
https://en.m.wikiversity.org/wiki/Open_Innovation_Ecosystem
Optimising for consumption vs optimising for production
Optimising for consumption over optimising for production is what customer-focused, digitally enabled/transformed organisations do. Even if it means making things harder for themselves, these organisations accept that in order to make it easier for their customers. An organisation that says, “Customers can only access our services at a time and in a way that suits us”, is optimising for production.
I’ve yet to see an organisation that does optimise for consumption, but maybe one day I will.
Dominant design
Dominant design
Compound interest
Compound interest
https://en.m.wikipedia.org/wiki/Compound_interest
Industrialisation
Industrialisation
https://en.m.wikipedia.org/wiki/Industrialisation
Monopoly
Monopoly
https://en.m.wikipedia.org/wiki/Monopoly
Monopsony
Monopsony
https://en.m.wikipedia.org/wiki/Monopsony
Increasing Returns/Diminishing Cost
Increasing Returns/Diminishing Cost
https://economicsconcepts.com/law_of_increasing_returns.htm
Attention vs Access
Attention vs Access