Platform organisations are evolving, shifting from traditional hierarchical structures to networked, ecosystem-based models. This transformation has been driven by the rise of digital platforms, which facilitate collaboration and innovation. The key characteristics of the new platform organisation include a focus on purpose, not just profit, and an emphasis on creating value for the entire ecosystem, rather than just the organisation itself.
The shift to platform organisations has also seen a change in leadership style. Leaders are now expected to act as stewards, guiding the organisation towards its purpose and fostering an environment that encourages innovation. This requires a shift away from command-and-control leadership towards a more collaborative, inclusive style.
This evolution is not without its challenges. Organisations must balance the need for control with the need to foster innovation. They must also manage the tension between the desire for growth and the need to maintain a clear purpose. Despite these challenges, the benefits of the platform organisation model – including increased agility, resilience, and innovation – make it a compelling choice for many businesses.
In essence, the evolution of the platform organisation represents a fundamental shift in how businesses operate and succeed in the digital age. It requires a new mindset, new leadership styles, and a new approach to value creation. But for those willing to embrace this change, the rewards can be significant.
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