Growing with xTechs
Name
2023_0201_GrowingwithxTechs_ThorogoodReynolds.pdf
Size
252.82 KB
Format
Adobe PDF
Checksum (MD5)
3b690a6cd11f6636e0da193612fffc35
Author(s)
Thorogood, Alan
Reynolds, Peter
Date Issued
February 16, 2023
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Thorogood, Alan and Peter Reynolds. “Growing with xTechs.” MIT CISR Research Briefing Volume XXIII, no. 2 (February 2023). https://dspace.mit.edu/handle/1721.1/175010.
Series/Report no.
MIT CISR Research Briefing, Vol. XXIII, No. 2
Abstract
Increasingly, large organizations are partnering with xTechs to supercharge their digital transformation. This is a symbiotic relationship: an xTech brings speed, innovation, and lower cost because xTechs don t face the process, scale, and governance burdens of large organizations. In exchange, the xTech gains access via its large organization partner to capital, revenue, and cash flow, which support scaling quickly. But how successful are the partnerships in reality? We set out to learn about the motivations, rewards, and challenges of xTechs and organizations working together. This briefing, the first in a series on xTechs, shares our findings on successful partnering strategies in financial services.
Subjects
Business Models
Ecosystems
Future Ready/Pathways
Partnering
Information Technologies
Platforms
Innovation and Strategy
Terms of Use
CC BY-NC 4.0 (Attribution-NonCommercial 4.0 International)
Persistent DSpace Link
