Using Platforms to Pursue Strategic Opportunities in Service-Driven Manufacturing

Using Platforms to Pursue Strategic Opportunities in Service-Driven Manufacturing

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Article ID: iaor20164446
Volume: 8
Issue: 3
Start Page Number: 344
End Page Number: 357
Publication Date: Sep 2016
Journal: Service Science
Authors: , , ,
Keywords: service, management, decision
Abstract:

Strategy research posits that in dynamic environments, firms must base their strategies not on leveraging the past, but on fostering constant change. This research explores how platforms can be used as semistructures to pursue strategic opportunities in manufacturers’ service networks. A platform strategy combining product and organization approaches is identified at the interfirm level. The results show that platforms are perceived to extend the physical product’s capacity to produce new usage scenarios, facilitate interfirm information flows and enable collective benefits, and create awareness of new value potentials. The study calls for more research regarding a systemic approach to solution business.

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