Organizing for Business Ecosystem Leadership

Organizing for Business Ecosystem Leadership
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.

Strategy, Leadership, and AI in the Cyber Ecosystem

Strategy, Leadership, and AI in the Cyber Ecosystem
Author: Hamid Jahankhani
Publisher: Academic Press
Total Pages: 432
Release: 2020-11-10
Genre: Computers
ISBN: 0128214597

Strategy, Leadership and AI in the Cyber Ecosystem investigates the restructuring of the way cybersecurity and business leaders engage with the emerging digital revolution towards the development of strategic management, with the aid of AI, and in the context of growing cyber-physical interactions (human/machine co-working relationships). The book explores all aspects of strategic leadership within a digital context. It investigates the interactions from both the firm/organization strategy perspective, including cross-functional actors/stakeholders who are operating within the organization and the various characteristics of operating in a cyber-secure ecosystem. As consumption and reliance by business on the use of vast amounts of data in operations increase, demand for more data governance to minimize the issues of bias, trust, privacy and security may be necessary. The role of management is changing dramatically, with the challenges of Industry 4.0 and the digital revolution. With this intelligence explosion, the influence of artificial intelligence technology and the key themes of machine learning, big data, and digital twin are evolving and creating the need for cyber-physical management professionals. - Discusses the foundations of digital societies in information governance and decision-making - Explores the role of digital business strategies to deal with big data management, governance and digital footprints - Considers advances and challenges in ethical management with data privacy and transparency - Investigates the cyber-physical project management professional [Digital Twin] and the role of Holographic technology in corporate decision-making

Beyond Digital

Beyond Digital
Author: Paul Leinwand
Publisher: Harvard Business Press
Total Pages: 142
Release: 2022-01-04
Genre: Business & Economics
ISBN: 1647822335

Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

The Future of Competitive Strategy

The Future of Competitive Strategy
Author: Mohan Subramaniam
Publisher: MIT Press
Total Pages: 314
Release: 2022-08-16
Genre: Business & Economics
ISBN: 0262046997

How legacy firms can combine their traditional strengths with the power of data and digital ecosystems to forge a new competitive strategy for the digital era. How can legacy firms remain relevant in the digital era? In The Future of Competitive Strategy, strategic management expert Mohan Subramaniam explains how firms can leverage both their traditional strengths and the modern-day power of data and digital ecosystems to forge a new competitive strategy. Drawing on the experiences of a range of companies, including Caterpillar, Sleep Number, and Whirlpool, he explains how firms can benefit from data’s enlarged role in modern business, develop digital ecosystems tailored to their unique business needs, and use new frameworks to harness the power of data for competitive advantage. Subramaniam presents digital ecosystems as a combination of production and consumption ecosystems, which can be used by legacy firms to unlock the value of data at various levels—from improving operational efficiencies to creating new data-driven services and transforming traditional products into digital platforms. He explores the ways sensors and the Internet of Things provide new kinds of customer data; presents the concept of digital competitors—other firms that have access to similar data; discusses the new digital capabilities that firms need to develop; and addresses privacy and security issues associated with data sharing. Who needs this book? Any firm that wants to revitalize traditional business models, offer a richer customer experience, and expand its competitive arena into new digital ecosystems.

Digital Transformation Management for Agile Organizations

Digital Transformation Management for Agile Organizations
Author: Stefano Bresciani
Publisher: Emerald Group Publishing
Total Pages: 153
Release: 2021-06-10
Genre: Computers
ISBN: 1800431732

Digital Transformation Management for Agile Organizations highlights and explores new dynamics regarding how current digital developments globally scale, by examining the threats, as well as the opportunities these innovations offer to organizations of all kinds.

Digital Leadership

Digital Leadership
Author: Mario Franco
Publisher: BoD – Books on Demand
Total Pages: 171
Release: 2020-04-01
Genre: Business & Economics
ISBN: 1789850355

Digital leadership has been seen as a phenomenon allowing competitive advantages for organizations, but some studies do not include the risks, benefits, and challenges of this type of leadership. Consequently, the objective of this book is to fill this gap by combining several studies from different perspectives. The various chapters presented here follow several approaches and applications that researchers explore in different contexts. This book intends therefore to add to the body of knowledge in leadership and digital areas. On the other hand, this work shows how digital leadership can stimulate organizational development in various countries and regions worldwide.

Winning the Right Game

Winning the Right 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.

Collective Genius

Collective Genius
Author: Linda A. Hill
Publisher: Harvard Business Review Press
Total Pages: 318
Release: 2014-05-13
Genre: Business & Economics
ISBN: 1422187594

Named one of "10 Management Classics for 2022" by Thinkers50 Why can some organizations innovate time and again, while most cannot? You might think the key to innovation is attracting exceptional creative talent. Or making the right investments. Or breaking down organizational silos. All of these things may help—but there’s only one way to ensure sustained innovation: you need to lead it—and with a special kind of leadership. Collective Genius shows you how. Preeminent leadership scholar Linda Hill, along with former Pixar tech wizard Greg Brandeau, MIT researcher Emily Truelove, and Being the Boss coauthor Kent Lineback, found among leaders a widely shared, and mistaken, assumption: that a “good” leader in all other respects would also be an effective leader of innovation. The truth is, leading innovation takes a distinctive kind of leadership, one that unleashes and harnesses the “collective genius” of the people in the organization. Using vivid stories of individual leaders at companies like Volkswagen, Google, eBay, and Pfizer, as well as nonprofits and international government agencies, the authors show how successful leaders of innovation don’t create a vision and try to make innovation happen themselves. Rather, they create and sustain a culture where innovation is allowed to happen again and again—an environment where people are both willing and able to do the hard work that innovative problem solving requires. Collective Genius will not only inspire you; it will give you the concrete, practical guidance you need to build innovation into the fabric of your business.

The Digital Business Ecosystem

The Digital Business Ecosystem
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.

Rewire!

Rewire!
Author: Mike J. Walker
Publisher:
Total Pages: 0
Release: 2021-01-26
Genre: Business enterprises
ISBN: 9781642251913

DIGITAL ECOSYSTEMS ARE DRIVING THE FUTURE OF BUSINESS To the uninitiated, digital ecosystems are like swirls of mist, more nebulous apparition than tangible tool. But many of today's top companies rely on this invisible force, and the future will follow. In Rewire!, technology visionary Mike J. Walker unravels the digital ecosystem puzzle with consumable content and a road map to build next generation business models. Business executives, strategists, digital officers, and innovation leaders can turn to Rewire! to learn about: - diving deeper into the digital ecosystem evolution, - inspiring your leadership teams, - hosting ideation workshops, and - leveraging the power of digital ecosystems to maximize business value. Now is the time to shape your company's trajectory based on real-world guidance from an internationally respected and tirelessly driven innovation expert.