(90 minutes) of PLATFORM DESIGN WORKSHOP SIMONE CICERO @meedabyte #PDToolkit CHIARA AGAMENNONE @Chia_Aga A BIT OF HISTORY Launched in 2013 in Barcelona Design Week Platform Design Canvas: a derivative of Business Model Canvas plus a Motivation Matrix Mission: help designers design multi sided business models, identify value flows and design channels accordingly The PD Canvas to map the whole of a multi sided platform model The motivation matrix to look into motivations to participate PLATFORM DESIGN TOOLKIT - BORN IN 2013 TO HELP DESIGNERS THE CORE IDEA BEHIND #PDTOOLKIT Finally the digitally transformed economy is moving towards a post-industrial age Firms are less about organizing production but more into organizing interaction PLATFORM DESIGN TOOLKIT - MOVING TO POST INDUSTRIAL BUSINESS DESIGN THE PLATFORM DESIGN TOOLKIT 2.0 1. 2. 3. 4. A revision of the type and set of key ecosystem entities A bigger set of canvases 5 Essential, 1 Advanced A Step by Step Guidelines A White Paper PLATFORM DESIGN TOOLKIT 2.0: FULL FLEDGED, OPEN, ACCESSIBLE CONTENT OBJECTIVES OF OUR WORKSHOP TODAY • Learn that the PDT exist, its basics and understand it can give you insights • Get familiar with the tools and the main concepts behind them TODAY’S WORKSHOP PLATFORMS? A NEW ENVIRONMENT “business models that allow multiple sides (producers and consumers) to interact [...] by providing an infrastructure that connects them” Sangeet Choudary WHAT IS A PLATFORM? “a governance structure [...] that determines who can participate, what roles they might play, how they might interact and how disputes get resolved” and “an additional set of protocols or standards [...] to facilitate connection, coordination, and collaboration”. John Hagel III WHAT IS A PLATFORM? A FEW DEFINITIONS BEFORE WE START •PLATFORM: a tool that an organization builds to make it easier for the ECOSYSTEM to join to the value creation process •PEERS: entities from the ecosystem carrying a specific interest/objective - they can be PRODUCERS and CONSUMERS of value can be people, companies (…things, robots) BEFORE WE START PLATFORMS ARE TOOLS THAT EXTEND A FIRM OR ORGANIZATION REACH INTO AN ECOSYSTEM Platform Owners Stakeholders Partners Peer Producers Peer Consumers players who owns the vision behind the realization of the market and ensure that the platform exists entities that have a specific interest in platform success or failure, in controlling platform externalities and outcomes professional entities that seek to create additional professional value and to collaborate with platform owners with a stronger relationship entities interested in providing value on the supply side of the ecosystem/marketp lace, seeking for a better performance entities interested in consuming, utilizing, accessing the value that the is created through and on the platform IMPACT SUPPLY DEMAND ROLES IN A PLATFORM MAPPING ROLES Used to map all actors in an ecosystem and what role they play in it THE ESSENTIAL TOOLS UNDERSTANDING MOTIVATIONS Used to dig deep into the motivation that push entities in the ecosystem to participate: tracks the advantages in participating (needs met, opportunities provided, positive outcomes) and what each entity can “give to” others THE ESSENTIAL TOOLS TRANSACTION BOARD Used to make a list of the transactions that happen on the platform, including the involved parties, the value exchanged, the channel where the transaction happens. Also helps logically connect different related transactions with other ones THE ESSENTIAL TOOLS EXCHANGES Peers and Partners in the platform should be able to exchange value in peer to peer. Multiple, coordinated transaction-exchanges make up more complex experiences: here’s where design is key TWO MACRO TRANSACTION TYPES, EXCHANGES AND SERVICES CHANNELS & CONTEXTS Channels and contexts allow exchanges to happen inside the platform with negligible friction. They are key to allow value creation: the platform should actively create and improve them all the time TWO MACRO TRANSACTION TYPES EXPERIENCE LEARNING CANVAS Used to map out the performance improvement trajectory of the participants through the three essential evolutionary phases, also lets you map the services that support each of these evolution moments THE ESSENTIAL TOOLS (SUPPORT) SERVICES Support services (empowering and enabling) must be provided by the platform to support producing participant’s (peers and partners) continuous performance improvement (through learning) TWO MACRO TRANSACTION TYPES LEARNING Continuous performance improvement is key: the most successful platforms help consumers become producers and producers become partner TWO MACRO TRANSACTION TYPES (CENTRALIZED) SERVICES In many cases platforms provide “complementary”, traditionally organized (industrialized), services for peer consumers They complement the value exchanged; they represent strong single user utility TWO MACRO TRANSACTION TYPES SKETCHING THE PLATFORM OVERVIEW Used to map the overall platform’s dynamics, important resources and enabling and empowering potential - helps understand if the platform is doing its job of sustaining the ecosystem in value production with enabling and empowering services that the platform should provide THE ESSENTIAL TOOLS SKETCHING THE PLATFORM OVERVIEW Used to map the overall platform’s dynamics, important resources and enabling and empowering potential - helps understand if the platform is doing its job of sustaining the ecosystem in value production with enabling and empowering services that the platform should provide THE ESSENTIAL TOOLS SKETCHING THE PLATFORM OVERVIEW Used to map the overall platform’s dynamics, important resources and enabling and empowering potential - helps understand if the platform is doing its job of sustaining the ecosystem in value production with enabling and empowering services that the platform should provide THE ESSENTIAL TOOLS Choose your project! CHOOSE YOUR MARKET BEFORE WE START •Group agrees on a participant’s project (let’s help!) •A fictional one (take a market opportunity if you don’t have a platform idea yet) •A well known platform as an exercise BEFORE WE START ROLES IN YOUR REFERENCE MARKET What roles do PEERS play (or could play) in your reference market? Do they produce value or consume it? Pick three/four most important roles (without them the platform doesn’t make sense anymore). Choose at least one consuming value and one producing value. FIND ROLES IN THE MARKET – MAP YOUR ECOSYSTEM ROLES IN YOUR REFERENCE MARKET EXAMPLES: • Airbnb: hosts (producers) and guests (consumers) • Apple mobile ecosystem: developers (producers) and users (consumers) • GYMMY: sport practitioners (consumers) + trainers and space owners (producers) FIND ROLES IN THE MARKET – MAP YOUR ECOSYSTEM ROLES IN YOUR REFERENCE MARKET Are there producers that look for being strategically linked with the Platform? Are they looking for professionalization/improving performance? In that case we won’t call it just producing peers but … Partners. This could be the case of: - Professional peers - Non professional peers that, within time, professionalize thanks to the Platform WHAT ARE THE PARTNERS? – MAP YOUR ECOSYSTEM ROLES IN YOUR REFERENCE MARKET EXAMPLES: •Airbnb: super-hosts (hosts that professionalize thanks to the platform) •Apple: agencies are partners more than simple producers (like a non-professional developer making one app could be) •GYMMY : a professional trainer vs amateur trainer, owners of a gym FIND ROLES IN THE MARKET – MAP YOUR ECOSYSTEM NOW WRITE ROLES HERE! ROLE 1 ROLE 1 ROLE 2 ROLE 3 ROLE 2 ROLE 3 TICK THE TYPE! ROLE 1 ROLE 1 ROLE 2 ROLE 3 ROLE 2 ROLE 3 INCENTIVES AND “GIVETOs” • What would motivate entities to join the ecosystem instead of acting outside of it? (intrinsic motivation, put it in the diagonal) • What can each of them “give to” others? (not necessarily these “give to” must be applicable to every relationship) Incentives, Motivations – A SHAPING STRATEGY TICK THE TYPE! ROLE 1 ROLE 1 ic Intrins f 1 O Motiv. ROLE 2 2 gives to 1 ROLE 3 3 gives to 1 ROLE 2 ROLE 3 1 gives to 2 1 gives to 3 ic Intrins f 2 O Motiv. 2 gives to 3 3 gives to 2 ic Intrins f 3 O Motiv. Now reflect and think: what would be YOUR VALUE your platform’s value proposition? PROPOSITION Use intrinsic motivations as a mean to shape your value proposition towards these players. Does your platform offer a value proposition for both producers and consumers? Value Proposition(s) – A SHAPING STRATEGY YOUR VALUE PROPOSITION Airbnb has two VPs: guests (to travel cheaply, with locals) & hosts (monetize spare rooms, homes, time) Apple has two VPs: users (make the best of iPhones and personalize) & developers (distribute content fast and effectively) GYMMY has 3 VPs: sport practitioner (use different spaces, access trainers easier and cheaper); space owners (monetize spaces better) & trainers (find more opportunities for training, in different spaces) Value Proposition(s) – A SHAPING STRATEGY Go back to the Canvas! ole Entity/R Your VPs ole Entity/R ole Entity/R Your VPs Ps Your V ole Entity/R ole Entity/R http://bit.ly/PDToolkit20_DownloadPack FANCY CONTINUE THE EXERCISE? PLATFORM DESIGN TOOLKIT - SOME OF THE ADOPTERS AND EXPLORERS Know more about the Platform Design Toolkit, get in touch with us and register to the Platform Design Newsletter at: www.platformdesigntoolkit.com [email protected] Thanks
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