game changers in networked economy

10
Game-Changers in Networked Economy for the course work of ‘Business Innovation in Networked Economyby Group 6 – Section F PGDM 2013 – 15 IMT Ghaziabad

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Presentation made as part of "Business In Networked Economy" at IMT Ghazhiabad in Term III of PGDM 2013 - 15 Course

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Page 1: Game changers in networked economy

Game-Changers in Networked

Economyfor the course work of ‘Business Innovation in

Networked Economy’by

Group 6 – Section FPGDM 2013 – 15IMT Ghaziabad

Page 2: Game changers in networked economy

The Jargons

OInformation RevolutionONetworked EconomyOGame ChangersOValue CreationOValue SustainabilityOValue Web

Page 3: Game changers in networked economy

Game-Changer’s Hitch

ODisruption is difficult to introduce

OEducate the consumer fastOSafe guard yourself from

replicationORead your finances rightOStabilize the model

Page 4: Game changers in networked economy

The Protagonists

Page 5: Game changers in networked economy

Napster Impact27 Million Registered Users4 Million Songs14000 downloads per minute18000 Arrest/CasesDeclare bankruptcy in 2 yearsChanged sharing over internet FOREVER!

Page 6: Game changers in networked economy

Zurker Story140K + Users – 28000 Owners – Own Currency – Democratic

Network

Page 7: Game changers in networked economy

The Learning

Identify Gap

Understand Environme

nt

Execute Idea

Analyse Response &

Reinvent

Expand your value

web

Hope to Sustain

Page 8: Game changers in networked economy

Conclusion

• But its comparatively easy in networked economy

Path is not easy for Game –Changers

• But environment also needs to be managed

You might have consumer on your side

• But an expanding value web will help you sustain

Single value creation might see a backlash

Page 9: Game changers in networked economy

ReferencesO Burkhalter, B. (2001). The Napster Controversy. Florida: College of Journolism &

Communication, University of Florida.O C., P. (2012, May 03). Zurker - A review of a social media network. Retrieved December 10,

2013, from Loggd: http://loggd.in/9/zurker-review-a-social-network-you-ownO Crunch Base. (2013, Novemebr 26). Zurker. Retrieved December 08, 2013, from Crunch

Base: http://www.crunchbase.com/company/zurkerO Hilber, M., & Lopez, P. (2011, April 01). The World's Technological Capacity to Store,

Communicate, and Compute Information. Science, 332(6025), pp. 60-65.O Lamont, T. (2013, February 24). Napster: The Day Music Was Set Free. Retrieved December

08, 2013, from The Gaurdian: http://www.theguardian.com/music/2013/feb/24/napster-music-free-file-sharing

O Rpresser, U. o. (2010, March 26). Napster. Retrieved December 08, 2013, from Wikipedia: http://en.wikipedia.org/wiki/File:Napster_Unique_Users.svg

O Simpson, L. (2012, May 02). Be wary of cooperative social network Zurker. Retrieved December 10, 2013, from Wired: http://www.wired.co.uk/news/archive/2012-05/02/zurker

O Tapscott, D. (1996). The Digital Economy: Promise and Peril In The Age of Networked Intelligence. McGraw-Hill.

O Tyson, J. (2000, December 30). How Old Napster Worked. Retrieved December 08, 2013, from How Stuff Works: http://computer.howstuffworks.com/napster3.htm

O Veneris, Y. (1990). Modeling the transition from the Industrial to the Informational Revolution. Environmental and Planning A, 399-416.

Page 10: Game changers in networked economy

Group 6 –Section F

PGDM 2013 – 15IMT Ghaziabad Thank

You!Neelendra Nath 1301 – 130

Sayantan Saha 1301 – 204

Bineydeep Singh 1301 – 053

Neha Bhardwaj 1301 – 541

Somtirth Choudhury 1301 – 451

Parikshit Sarkar 1301 – 375