Crafting Platform Strategy Based on Anticipated Benefits and Costs

In this chapter, we introduce the benefits and penalties of commonality (both to the customer and the manufacturer), emphasizing the need for anticipation of divergence when estimating benefits. We highlight the importance of mapping commonality strategy to the financial benefits, with a view to cre...

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Bibliographic Details
Main Authors: Cameron, Bruce Gregory, Crawley, Edward F
Other Authors: Massachusetts Institute of Technology. Department of Aeronautics and Astronautics
Format: Article
Published: Springer 2018
Online Access:http://hdl.handle.net/1721.1/115293
Description
Summary:In this chapter, we introduce the benefits and penalties of commonality (both to the customer and the manufacturer), emphasizing the need for anticipation of divergence when estimating benefits. We highlight the importance of mapping commonality strategy to the financial benefits, with a view to creating long-term competitive advantage for the firm.