How To Succeed In Business Ecosystems
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| Author | : Roland Deiser |
| Publisher | : |
| Total Pages | : 38 |
| Release | : 2020-05-13 |
| Genre | : |
| ISBN | : 9780960079117 |
--- An executive summary of a CFFO research study --- To compete successfully in the digital age, companies must be able to shape and leverage an increasingly complex network of internal and external stakeholders, which constitute their "Business Ecosystem." This means new challenges for leadership, strategy, and organization. To gain insights into how large organizations deal with this challenge, we conducted a series of in-depth interviews with global thought leaders and top executives as well as a global survey among senior leaders that focused on understanding the strategic and organizational capabilities it takes to act successfully within ecosystem networks. The responses point to existing capability gaps and offer perspectives on how to close such gaps. The first part of the paper summarizes 12 key issues that need to be on the agenda of organizations if they want to lead within the context of business ecosystems. The second part reports the results of the survey, covering topics such as: Organizing for Business Ecosystem Management Current Practices Related to Business Ecosystem Management Collaboration With External Players Barriers to Successful Business Ecosystem Management Business Ecosystem Leadership Capabilities Interventions to Strengthen Business Ecosystem Leadership The Role of L&D and Organizational Development Selected quotes from Executives who participated in the project "Everybody wants to dominate the ecosystem, everybody wants to be the spider in the net. The challenge is to find our right spot in those ecosystems - a spot where nobody is going to be better than you, and you can't be made redundant." (Business Unit CEO, Global Insurance Corporation) "We may soon find ourselves on the fringe as 'dumb hardware provider' instead of calling the shots as the orchestrator of a complex supplier universe." (Board Member, Global Car Manufacturer) "People say that when you want to invest in a start-up, have a look at the team. This golden rule also applies to other partners. It's just more complex to find the right people in a big company (Senior Executive, Global Mobility Ecosystem Provider) "We now see a massive shift to much shorter durations and less bilateralism. How do you do a partnership in this context? For traditional businesses, this will be a big challenge - not just on the digital front " (CEO, Global Energy Corporation) About the author Roland Deiser is a Drucker Senior Fellow and the Founder and Director of the Center for the Future of Organization at the Drucker School of Management at Claremont Graduate University. About the Center for the Future of Organization The Center for the Future of Organization (CFFO) is an independent Think Tank at the Drucker School of Management at Claremont Graduate University. Its mission is to serve as a global hub for applied research and practical discourse on new paradigms of Leadership and Organization with special regards to the role of digital technologies as drivers of competitive advantage. In the tradition of Peter Drucker, the Center works across disciplines, combining conceptual depth with practical applicability and ethical responsibility. More at www.futureorg.org.
| Author | : Peter J. Williamson |
| Publisher | : Stanford University Press |
| Total Pages | : 281 |
| Release | : 2020-04-14 |
| Genre | : Business & Economics |
| ISBN | : 1503611868 |
To succeed in the face of disruptive competition, companies will need to harness the power of a wide range of partners who can bring different skills, experience, capacity, and their own networks to the task. With the advent of new technologies, rapidly changing customer needs, and emerging competitors, companies across more and more industries are seeing their time-honored ways of making money under threat. In this book, Arnoud De Meyer and Peter J. Williamson explain how business can meet these challenges by building a large and dynamic ecosystem of partners that reinforce, strengthen, and encourage innovation in the face of ongoing disruption. While traditional companies know how to assemble and manage supply chains, leading the development of a vibrant ecosystem requires a different set of capabilities. Ecosystem Edge illustrates how executives need to leave notions of command and control behind in favor of strategies that will attract partners, stimulate learning, and promote the overall health of the network. To understand the practical steps executives can take to achieve this, the authors focus on eight core examples that cross industries and continents: Alibaba Group, Amazon.com, ARM, athenahealth, Dassault Systèmes S.E., The Guardian, Rolls-Royce, and Thomson Reuters. By following the principles outlined in this book, leaders can learn how to unlock rapid innovation, tap into new and original sources of value, and practice organizational flexibility. As a result, companies can gain the ecosystem edge, a key advantage in responding to the challenges of disruption that business sees all around it today.
| Author | : Ulrich Pidun |
| Publisher | : Springer |
| Total Pages | : 285 |
| Release | : 2019-06-03 |
| Genre | : Business & Economics |
| ISBN | : 3658254262 |
This textbook offers a personal perspective on the broad and complex topic of corporate strategy. The book is structured to follow the journey of systematic corporate strategy development and implementation. “Corporate Strategy” presents frameworks and concepts for strategy development that have proven to be useful in corporate practice. The book covers the fundamental questions of daily strategy work and illustrates them with examples from real companies. It addresses all key elements of corporate strategy in a clear and systematic way: • Corporate ambition and capabilities • Corporate portfolio analysis • Corporate growth and portfolio strategy • Managing and transforming the corporate profile • Corporate parenting strategy and organization • Corporate financial strategy • Corporate strategy process The book serves not only as a practice-oriented textbook for students and teachers of corporate strategy, it also functions as a sophisticated handbook for practitioners who are responsible for developing and implementing effective corporate strategies.
| Author | : Roland Deiser |
| Publisher | : |
| Total Pages | : |
| Release | : 2021-11 |
| Genre | : |
| ISBN | : 9780960079124 |
The challenges of engaging in business ecosystems are substantial and can be daunting for organizations. Despite the current hype around the topic, we still have a limited understanding of the inter-organizational dynamics between the participants of an ecosystem and the capabilities required to successfully leverage its potential. To address this challenge, the Center for the Future of Organization at the Drucker School of Management (CFFO) has developed a capability framework for business ecosystem leadership and organization. Building on the Center's previous work about Organizing for Business Ecosystem Leadership, the paper defines and discusses nine critical capabilities organizations need to actively shape business ecosystems, leverage their potential, and serve as a constructive, indispensable player in such a dynamically evolving universe. Structured along the three dimensions of strategy, organization, and relationship management, the nine domains form a powerful combination of structures, systems, and mindsets that provide a tangible guideline for companies who want to thrive in the new ball game.
| Author | : Ron Adner |
| Publisher | : MIT Press |
| Total Pages | : 279 |
| Release | : 2023-01-03 |
| Genre | : Business & Economics |
| ISBN | : 0262546000 |
How to succeed in an era of ecosystem-based disruption: strategies and tools for offense, defense, timing, and leadership in a changing competitive landscape. The basis of competition is changing. Are you prepared? Rivalry is shifting from well-defined industries to broader ecosystems: automobiles to mobility platforms; banking to fintech; television broadcasting to video streaming. Your competitors are coming from new directions and pursuing different goals from those of your familiar rivals. In this world, succeeding with the old rules can mean losing the new game. Winning the Right Game introduces the concepts, tools, and frameworks necessary to confront the threat of ecosystem disruption and to develop the strategies that will let your organization play ecosystem offense. To succeed in this world, you need to change your perspective on competition, growth, and leadership. In this book, strategy expert Ron Adner offers a new way of thinking, illustrating breakthrough ideas with compelling cases. How did a strategy of ecosystem defense save Wayfair and Spotify from being crushed by giants Amazon and Apple? How did Oprah Winfrey redraw industry boundaries to transition from television host to multimedia mogul? How did a shift to an alignment mindset enable Microsoft's cloud-based revival? Each was rooted in a new approach to competitors, partners, and timing that you can apply to your own organization. For today's leaders the difference between success and failure is no longer simply winning, but rather being sure that you are winning the right game.
| Author | : Mark J. Greeven |
| Publisher | : Routledge |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : Business incubators |
| ISBN | : 9781138630956 |
We cannot afford to miss the remarkable rise of Chinese business ecosystems. Alibaba and their peers Baidu, Tencent, Xiaomi, and LeEco showcase unprecedented growth and success in China and are expanding their impact globally. With a combined market capitalization of close to 600 billion USD, incubating over 1,000 new ventures and an average annual growth of over 50%, they have become a force to reckon with for the likes of Google, Microsoft, Apple, Amazon, and IBM. 'Business ecosystem' is a frequently used concept to describe the unique competitive advantages of the American technology giants. This book explores not only the application of a business ecosystem approach in the Chinese context but also deals with the key strategic question: How did these five Chinese business ecosystems grow so rapidly and successfully? The book takes the growth and transformation of Alibaba's business ecosystem as a focus case in comparison with Baidu, Tencent, Xiaomi, and LeEco. These business ecosystems developed in less than 20 years and transformed from organic growth to rapid expansion by investment and acquisition, entrepreneurship and incubation of new ventures, continuous innovation, and internationalization. This book brings insights and practical lessons on leading, creating, and disrupting markets for corporate executives and professionals in global business, a comparative case study for researchers and students of management, and food for thought on Chinese ways of doing business.
| Author | : Tendayi Viki |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2019-03 |
| Genre | : Business & Economics |
| ISBN | : 9789462763074 |
A key reading for leaders that outlines how to effectively innovate for the future and boost growth, while running the core business. - Alex Osterwalder, Co-author of Business Model Generation. Winner of the 2018 CMI Management Book of the Year Award for Innovation and Entrepeneurship The Corporate Startup is a practical guide for established companies that aspire to develop and sustain their innovation capabilities. * The world around us is changing rapidly. There is now more pressure on established companies to innovate. * The challenge most companies face is how to develop new products for new markets, while managing their core business at the same time. * The principles and practices outlined in this book provide companies with a blueprint of how to manage innovation while they execute on their core business. * The Corporate Startup provides frameworks, visualizations, templates, tools and methods that can be easily applied to develop new products and business models. This book helps organisations of all sizes to manage innovation. This playbook uses illustrated step-by- step guides to lead the reader through the processes to create an ecosystem that nurtures innovation at every level in a business. - Jury CMI Management Book of the Year. Big companies need to innovate or die. The question is how. Companies need a playbook; a process by which they can start the process of transforming their organizations into innovation engines. The Corporate Startup is that playbook. It provides a proven methodology --applying Lean Startup principles and more-- for building a culture of innovation. - Ben Yoskovitz, Co-Author of Lean Analytics and Founding Partner at Highline BETA.
| Author | : Ron Adner |
| Publisher | : Penguin |
| Total Pages | : 311 |
| Release | : 2012-03-01 |
| Genre | : Business & Economics |
| ISBN | : 1101561327 |
How can great companies do everything right - identify real customer needs, deliver excellent innovations, beat their competitors to market - and still fail? The sad truth is that many companies fail because they focus too intensely on their own innovations, and then neglect the innovation ecosystems on which their success depends. In our increasingly interdependent world, winning requires more than just delivering on your own promises. It means ensuring that a host of partners -some visible, some hidden- deliver on their promises, too. In The Wide Lens, innovation expert Ron Adner draws on over a decade of research and field testing to take you on far ranging journeys from Kenya to California, from transport to telecommunications, to reveal the hidden structure of success in a world of interdependence. A riveting study that offers a new perspective on triumphs like Amazon's e-book strategy and Apple's path to market dominance; monumental failures like Michelin with run-flat tires and Pfizer with inhalable insulin; and still unresolved issues like electric cars and electronic health records, The Wide Lens offers a powerful new set of frameworks and tools that will multiply your odds of innovation success. The Wide Lens will change the way you see, the way you think - and the way you win.
| Author | : Angelo Corallo |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 265 |
| Release | : 2007-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1781009929 |
By bringing together elements of a radical new approach to the firm based on a biological metaphor of the ecosystem, this unique book extends the limits of existing theories traditionally used to investigate business networks.
| Author | : Hacioglu, Umit |
| Publisher | : IGI Global |
| Total Pages | : 804 |
| Release | : 2019-08-30 |
| Genre | : Business & Economics |
| ISBN | : 1799811271 |
With advancing information technology, businesses must adapt to more efficient structures that utilize the latest in robotics and machine learning capabilities in order to create optimal human-robot cooperation. However, there are vital rising concerns regarding the possible consequences of deploying artificial intelligence, sophisticated robotic technologies, automated vehicles, self-managing supply modes, and blockchain economies on business performance and culture, including how to sustain a supportive business culture and to what extent a strategic fit between human-robot collaboration in a business ecosystem can be created. The Handbook of Research on Strategic Fit and Design in Business Ecosystems is a collection of innovative research that builds a futuristic view of evolving business ecosystems and a deeper understanding of business transformation processes in the new digital business era. Featuring research on topics such as cultural hybridization, Industry 4.0, and cybersecurity, this book is ideally designed for entrepreneurs, executives, managers, corporate strategists, economists, IT specialists, IT consultants, engineers, students, researchers, and academicians seeking to improve their understanding of future competitive business practices with the adoption of robotic and information technologies.
