Strategy » Business Ecosystems
What are business ecosystems, and how can organizations think about their own ecosystem design, governance, and strategy?
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.
Paying attention to the right metrics and red flags will help leaders sidestep the most common pitfalls in the four phases of ecosystem development.
Winning companies use a multifaceted framework to build trust into their ecosystem operations from the very outset.
For long-term success, ecosystem orchestrators must keep an eye on the five main building blocks of ecosystem governance and pick the right model.
Companies may finally be able to achieve the long-awaited step change in the industry’s development—if they act collectively, rather than individually.
Our analysis suggests that less than 15% ecosystems succeed. Why do they fail, and what can you do about it? We investigated more than 100 failed ecosystems to answer these questions.
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