The document discusses how digital platforms can enable collaborative new product development. It notes that companies are moving from traditional value chains to platform-driven models where value is created continuously through business ecosystems. Effective digital platforms act as the foundation, providing cloud services, APIs, and reusable software, while accelerating innovation. This allows companies to take a platform view of their business and strategic partnerships rather than seeing suppliers and customers separately. The role of business leaders is also evolving to require a combination of business strategy skills, technology mastery, and the ability to think in terms of digital assets, network effects, and long-term ecosystem planning.