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Platform Canvas | Platform Innovation
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#What is a Platform Design Canvas?
A conceptual framework that helps an organization visually outline the mechanics of multi-layered platform organizations, how value is created, captured, and delivered in the platform ecosystem.
#What is the purpose of a PDC?
It creates value by enabling direct interactions between entrepreneurs, business leaders or customers.
#How does a PDC work?
Through the PDC, you can map the essential elements of platform businesses, understand the interrelationships, and identify the dynamics of associated network effects (customer segments, channels, revenue streams, and key resources and activities). This approach could further help you understand the most significant drivers of the business and identify key areas where improvements or changes may need to be made.