Strategy » Business Ecosystems
What are business ecosystems, and how can organizations think about their own ecosystem design, governance, and strategy?
You can't entirely plan or design an ecosystem, but answering some critical questions will increase the odds of building an ecosystem that has the potential to create new industries or transform existing ones.
The hype suggests that you do, but business ecosystems are not always the right model for organizing the creation of a product or service. Learn what they are, what sets them apart, and their benefits and drawbacks.
Ecosystems are not easy to build or sustain, but new research identifies three critical windows in their life cycle and the corresponding actions that lead to success at each stage.
What actually is a business ecosystem? How can we use them to create value?
Before determining an ecosystem strategy, organizations must first shift to a new perspective and way of thinking.
Many companies are building or joining collaborative networks. The challenge is how to effectively set up and manage these ecosystems and use them strategically to maximize value—and gain a competitive edge.
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