Learn more about business with this collection
The importance of innovation
The power of perseverance
How to think big and take risks
Ecosystems who are trustworthy make past and present behavior visible to everyone participating in the platform. And that's the reason why you feel a pit in your stomach if you've ever booked an Airbnb with a host who is new to the platform and doesn't have any reviews yet.
46
92 reads
MORE IDEAS ON THIS
Successful ecosystems encourage cooperation through rewards, or by motivating participants to interact with each other in a positive manner. eBay and Amazon use reputation as an incentive. If you're a seller, and you have a good reputation, you can charge higher prices for your p...
46
111 reads
Trustworthy ecosystems formalize a relationship with all participants through contracts. If you've ever clicked the box "I agree to the terms and conditions," you signed an ecosystem contract.
48
158 reads
Not forced control, but more like a gentle guidance, like an invisible hand nudging you in the right direction. Successful ecosystems shape the behavior of participants so the kind of cooperation required will emerge in the platform. Uber does control well, and it dictates to the driver the best ...
47
95 reads
Many of the successful ecosystems define very well who is allowed in and who can be kicked out of the platform for bad behavior.
HopSkipDrive does access well. It takes the drivers through a strict background check before they are hired into the platform. They also have a ...
48
172 reads
How does the platform handle mishaps or prevent them from happening in the first place? Did you know that LiveAuctioneers, an auctions platform for art, collectibles and antiques, has a broad protection program that guarantees payments on the platform? That's an example of mitigation.
46
88 reads
51
285 reads
You don't need all the tools to be successful.
So how do you pick? It depends on the kind of ecosystem you design. If interactions among the participants are key, like in most social-media ecosystems, you will require a combination of access, transparency and control in order to be succes...
45
82 reads
CURATED FROM
Related collections
More like this
Many of the successful ecosystems define very well who is allowed in and who can be kicked out of the platform for bad behavior.
HopSkipDrive does access well. It takes the drivers through a strict background check before they are hired into the platform. They also have a ...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates