In business ecosystems, a dynamic group of largely independent partners work together to deliver integrated products or services. While the health care system meets all requirements of a business ecosystem, it is rarely managed as one.
The traditional toolkit doesn’t seem up to the task of making tradeoffs and balancing action on multiple timescales. Key takeaways from the 2020 Meeting of Minds.
A complex marketplace is taking shape. Corporate management teams with data-sharing interests need to get up to speed.
Debates around social and political issues are increasingly unavoidable, especially as social media platforms allow people to make their views public. This has increased both the pressure on business leaders to weigh in, as well as the opportunity for them to do so.
As the post-COVID vista emerges, leaders must shift their attention back to broader and longer-term challenges. By addressing three key themes, they can put their businesses in position to succeed in and shape the new reality.
Paying attention to the right metrics and red flags will help leaders sidestep the most common pitfalls in the four phases of ecosystem development.
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