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Network orchestrators are the new path to profit - The Globe and Mail
Jul. 03, 2016 | Special to The Globe and Mail | HARVEY SCHACHTER

* "The Network Imperative" by authors Barry Libert, Megan Beck, and Jerry Wind.

Technology - Shift from physical to digital. Develop a digitally enabled platform around which people can congregate.

Assets - Shift from tangible to intangible assets. Physical assets are becoming a liability. Pay attention to your brand, a key intangible asset, and also view people as an asset, not an expense.

Strategy -move from operator to allocator. As a strategist, Mr. Libert has spent many years working with leaders to figure out what products to sell to what market. But these days, leaders should be active allocators of capital, like portfolio managers.

Leadership - The shift here is from commander – in charge of a highly structured, hierarchical, top-down organization – to co-creator, who knows how to motivate, inspire and work alongside others to develop the network.

Boards - His favourite shift, because it is the most difficult, is the switch from governance to representation.
Finally, the mindset must change to thinking less rigidly about roles, processes, products and industries.
assets  atoms_&_bits  books  business_models  capital_allocation  co-creation  eBay  Etsy  flexibility  Harvey_Schachter  intangibles  mindsets  networks  orchestration  pay_attention  platforms  portfolio_management  physical_assets  resource_allocation 
july 2016 by jerryking
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