How do you build a platform business? What type of participants are important for platforms? Platform business models are game-changers, and you might be inspired to start your own platform business. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary cover three design fundamentals to consider as you get started. Below we’ll look at how to build a platform business using the three design fundamentals.
How to Be a Second-Level Manager: Training & Team-Building
What’s a second-level manager? Are you training employees to become managers? The second stage of the Leadership Pipeline is the second-level manager. They are in charge of several teams and are responsible for the performance of line managers. If you’re a second-level manager or are about to be one, continue reading for advice given by experts.
The 2 Types of Business Participants to Attract to Your Company
What type of participants do you want for your business? How do you attract users? As you design your platform, you must make choices about which participants you want to invite to your platform and what they’ll be allowed to do. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary primarily focus on two types of participants: users and external developers. Keep reading to learn how to get users and external developers to use your platform.
What Is a Functional Manager? The Responsibilities & Skills
What is a functional manager? What type of skills do functional managers need? Functional managers are in charge of a functional department. This is part of an organization that comprises all the teams working to accomplish a single specialized function. Continue reading for a basic overview of a functional manager’s job description.
Tips for How to Manage a Company Successfully
What does a company manager do? What are the traits of a successful manager? The fourth level of the Leadership Pipeline is the company manager. These managers are in charge of entire companies—although they still report to higher-ups in their organization’s parent company. Read below to learn how to manage a company successfully.
What Does a Managing Director Do? The 2 Biggest Responsibilities
What does a managing director do? Who do they report to? Multi-company managers, also known as managing directors, are high-ranking corporate executives who oversee multiple company managers. They report directly to a conglomerate’s CEO, meaning they’re one of the highest-ranking leaders in a company. Discover more about the responsibilities of a managing director.
How to Be a Good CEO That Catapults Companies to Success
What does a good CEO do? How can CEOs help their companies succeed in the short and long term? The CEO role is the ultimate prize at the end of the rainbow for career-driven managers. CEOs are in charge of the bottom-line success of a global conglomerate and all its subsidiary companies. Find out how to be a good CEO who garners good results for companies.
Importance of Business Administration for Your Platform
What’s the importance of business administration? How can a strategic platform administration help your company? A strategic platform administration system can help you maintain control of your platform’s quality as it grows. To keep users happy, your administration must be straightforward, clear, judicious, and fair. Learn more about why a business administration is important.
What’s Causing the Nurse Shortage in the US?
Why is there a nurse shortage in the US? How can hospitals and the government address it? The US nurse shortage is predicted to reach up to 5.7 million by 2030. It’s caused not by a lack of registered nurses, but by high turnover. Causes of the shortage include COVID-19-induced departures, burnout, a dearth of nursing educators, and more. Continue reading to learn about the factors causing the nursing shortage.
How to Get Out of a Slump: 5 Ways to Kickstart Progress
Are you stuck in a rut? What are Adam Alter’s recommendations for pushing through the barriers of life? As anyone who feels like they’ve hit a wall knows, the hard part is picking yourself up and pushing on. Alter says that, when you feel like progress has ground to a halt, there are a variety of ways to kickstart it again. Check out how to get out of a slump with Alter’s recommendations.