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190 contributions
190 ideas
190 ideas
189 ideas

Why Digital

The basic thesis of our course is that digital technologies are upending many industries and companies.  Think about Uber’s impact on the taxi business or Spotify’s impact on music downloads and the record industry. 
  
For this module, we would like you to identify companies/organizations that you think are winning or losing.  Just work on either winners or losers. 

Create an approximately 500 word post to make your contribution (one per phase). Please also respond to and comment on three other posts per module. Feel free to use graphics, data, videos and links to other sites to corroborate your points. The D/I team will select a few to be featured in its bi-weekly newsletter and its blog.

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This article examines the case of Wikipedia, the world's biggest online encyclopedia, and what is leading to its decline. Wikipedia operates as a non-profit organization, so it is not a typical example of a company with a business model. Yet, there are important lessons to learn from its genesis as a non-profit and its operating model gone awry. Can Wikipedia rebound from its current state to create value in future?

This article examines the case of Wikipedia, the world's biggest online encyclopedia, and what is leading to its decline. Wikipedia operates as a non-profit organization, so it is not a typical example of a company with a business model. Yet, there are important lessons to learn from its genesis as a non-profit and its operating model gone awry. Can Wikipedia rebound from its current state to create value in future?

Photo of Anisha Baghudana

There is a long laundry list of failures in the mobile payments space (namely Google Wallet), but Starbucks is a rare success. How did they to get it right, and is their model replicable for a broader ecosystem of players (e.g., card issuers, banks, mobile networks, retailers, handset manufacturers) who must work together?

There is a long laundry list of failures in the mobile payments space (namely Google Wallet), but Starbucks is a rare success. How did they to get it right, and is their model replicable for a broader ecosystem of players (e.g., card issuers, banks, mobile networks, retailers, handset manufacturers) who must work together?

Photo of Cici Liu

For some, RadioShack reminds of gadgetry, electronic tinkering, and exciting home inventions. For others, more recently, it reminds of coaxial cables and AAA batteries. A younger generation might ask if it is a ShakeShack developed radio app for the iPhone... 
You may wonder why RadioShack has recently had to file for bankruptcy. After all, it has been around for ages. You might even be a little sad. The real question is - how on earth did it manage to survive for so long?

For some, RadioShack reminds of gadgetry, electronic tinkering, and exciting home inventions. For others, more recently, it reminds of coaxial cables and AAA batteries. A younger generation might ask if it is a ShakeShack developed radio app for the iPhone... You may wonder why RadioShack has recently had to file for bankruptcy. After all, it has been around for ages. You might even be a little sad. The real question is - how on earth did it manage to survive for so long?

Photo of Lior Litwak

Craigslist operates on the model that the demand (the searchers) is on their website, and therefore the supply will post on Craigslist to get more traction. People go on Craigslist for the typical searches, such as: personals, housing, and for sale items. Nonetheless, more valuable businesses within these segments will transform the industry. These innovators will focus on the sharing economy and building a reputation for individuals on their site. Just like LinkedIn, AirBnB, eBay, to name a few, transformed their segments, there is bound to be additional innovation and security in classified ads. You are already seeing it with the large number of rental listing startups and with dating websites. Craig’s list is dying.

Craigslist operates on the model that the demand (the searchers) is on their website, and therefore the supply will post on Craigslist to get more traction. People go on Craigslist for the typical searches, such as: personals, housing, and for sale items. Nonetheless, more valuable businesses within these segments will transform the industry. These innovators will focus on the sharing economy and building a reputation for individuals on their site. Just like LinkedIn, AirBnB, eBay, to name a few, transformed their segments, there is bound to be additional innovation and security in classified ads. You are already seeing it with the large number of rental listing startups and with dating websites. Craig’s list is dying.

Photo of Dana Hoffmann
11 10

When tasked with writing about a “Digital Winner or Loser,” rather than focus on the typical business school examples – Netflix upending Blockbuster or Amazon decimating Borders – I decided to look at a product that has continued to limp along despite the widespread belief and predictions that it must die, namely the Yellow Page Print Directories.

When tasked with writing about a “Digital Winner or Loser,” rather than focus on the typical business school examples – Netflix upending Blockbuster or Amazon decimating Borders – I decided to look at a product that has continued to limp along despite the widespread belief and predictions that it must die, namely the Yellow Page Print Directories.

Photo of Sean Kennedy
9 4

"Few people have anything good to say about their experiences with buying or selling used cars," said Jeff Brody, a partner at Redpoint Ventures. A new marketplace called Beepi hopes to replace an increasingly outdated process for buying or selling a used car. It’s an elegant solution that is transforming individual’s second largest financial purchase to become simple, frictionless, and enjoyable.

"Few people have anything good to say about their experiences with buying or selling used cars," said Jeff Brody, a partner at Redpoint Ventures. A new marketplace called Beepi hopes to replace an increasingly outdated process for buying or selling a used car. It’s an elegant solution that is transforming individual’s second largest financial purchase to become simple, frictionless, and enjoyable.

Photo of Nimi Katragadda
8 3

FiveStars was launched in 2010 by Matt Doka and Victor Ho.  Leveraging their experience working with leading brands at McKinsey & Company, the two founders sought to bring the power of customer loyalty programs to SMBs.  After teaching themselves how to code, the two founders joined Y Combinator and created the fastest growing customer loyalty platform in America.

FiveStars was launched in 2010 by Matt Doka and Victor Ho. Leveraging their experience working with leading brands at McKinsey & Company, the two founders sought to bring the power of customer loyalty programs to SMBs. After teaching themselves how to code, the two founders joined Y Combinator and created the fastest growing customer loyalty platform in America.

Photo of Geng Wang
8 1

Vice Media is a fringe magazine that managed to transform itself into a 2.5Bn$ video content empire. It managed to recognize two major digital trends, the commoditization of distribution  and the explosion of content, and to leverage them in order to achieve a unique position in the market.

They are a great example why even though we can all become creators in a digital world having  a strong consistent brand is still very important.

Vice Media is a fringe magazine that managed to transform itself into a 2.5Bn$ video content empire. It managed to recognize two major digital trends, the commoditization of distribution and the explosion of content, and to leverage them in order to achieve a unique position in the market. They are a great example why even though we can all become creators in a digital world having a strong consistent brand is still very important.

Photo of Asaf Gilboa
7 2

Founded in 2010, Warby Parker had a revolutionary mission—to offer designer quality eyewear at a reasonable price in order to fuel a social mission of giving back to those in need. A large part of the company’s success is due to the founders’ attention to how consumers behave and interact with the digital world. Launched as an e-commerce platform, Warby has found ways to seamlessly fit onto its target customers’ interactions with the digital world in order to spread their brand.

Founded in 2010, Warby Parker had a revolutionary mission—to offer designer quality eyewear at a reasonable price in order to fuel a social mission of giving back to those in need. A large part of the company’s success is due to the founders’ attention to how consumers behave and interact with the digital world. Launched as an e-commerce platform, Warby has found ways to seamlessly fit onto its target customers’ interactions with the digital world in order to spread their brand.

Photo of Jennifer Li
7 2

The internet era has enabled virtual access to a range of services from music to filing taxes. However, for most other goods, physical constraints of delivery and shipping still exist. 3D printing is changing the face of manufacturing. And MakerBot is striving to be an open-source hardware company.

The internet era has enabled virtual access to a range of services from music to filing taxes. However, for most other goods, physical constraints of delivery and shipping still exist. 3D printing is changing the face of manufacturing. And MakerBot is striving to be an open-source hardware company.

Photo of Srivani Amrutavakkula
7 3

One of the main disruptions digital innovation has caused to many industries has been disintermediation. The emergence and growth in popularity of online marketplaces that connect buyers and sellers has eliminated the need for intermediaries in many industries. In the art market, the threat of disintermediation has put into question the relevance and future survival of the traditional Art Auction Houses.

Despite this tough market environment, London-based auction house Christie’s has managed to adapt its business model to the digital revolution and has successfully maintained its market leadership. Some big challenges still remain ahead, but Christie’s seems to be on the right path to surprisingly become a digital winner.

One of the main disruptions digital innovation has caused to many industries has been disintermediation. The emergence and growth in popularity of online marketplaces that connect buyers and sellers has eliminated the need for intermediaries in many industries. In the art market, the threat of disintermediation has put into question the relevance and future survival of the traditional Art Auction Houses. Despite this tough market environment, London-based auction house Christie’s has managed to adapt its business model to the digital revolution and has successfully maintained its market leadership. Some big challenges still remain ahead, but Christie’s seems to be on the right path to surprisingly become a digital winner.

Photo of Arantxa Unda
7 2

Kakao, like many others, started as an online chat service but has been able to create a successful and profitable ecosystem around its platform. Today, it is the undisputed market leader in South Korea and sells everything from games to music to emoticons(!). Its business model can be a template for other similar services, including Facebook and Wechat, who are still very far behind in fully monetizing their own ecosystems.

Kakao, like many others, started as an online chat service but has been able to create a successful and profitable ecosystem around its platform. Today, it is the undisputed market leader in South Korea and sells everything from games to music to emoticons(!). Its business model can be a template for other similar services, including Facebook and Wechat, who are still very far behind in fully monetizing their own ecosystems.

Photo of Harshit Gupta
7 0