Best Practice Report

Accelerate Sustainable Innovation With Platforms

August 2nd, 2021
With contributors:
Stephen Powers , Lauren Nelson , Allen Bonde , Duncan Dietz , Madison Bakalar

Summary

Technology executives are responsible for optimizing technology stacks to meet the business goals of their organization — something that has long been a challenge. Most recently, leading-edge organizations are strategically looking to reduce complexity in their portfolios to enable faster innovation. Platform strategies lie at the heart of this complexity reduction. This report defines the term “platform,” compares platforms with alternative options, and identifies the strengths and trade-offs of platform use.

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