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For Some Platforms, Network Effects Are No Match for Local Know-How

Harvard Business

Three months after the sale, in June 2018, Toyota decided to pour $1 billion into Grab, in a bid to expand other offerings in the region including food delivery and electronic payments. Transportation, aviation, health care, and energy all require physical delivery, whereas media, music, and advertisement do not.

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How to Win with Automation (Hint: It’s Not Chasing Efficiency)

Harvard Business

At the same time, managers need to continue to motivate employees who fear their jobs being replaced by robots. The value of bank branches, for example, is no longer to manually process deposits, but to solve more complex customer problems like providing mortgages. market share in online sales. Redesign Jobs.