Recognizing that Gen AI will be the innovation game-changer

Gen AI will be the innovation game-changer

Everywhere you turn it seems to be all about Gen AI and how it will change the world. The fears, excitement, opportunity and the huge amounts of money being invested is mind-boggling. Any fundamental change is exactly that- full of fear and opportunity.

So where does innovation fit within this?

I have read different views but most seem to be simply dressing their existing tools and methods in the those brighter new clothes of Gen AI appeal.

I would suggest we have been given a chance, a real chance, to transform the way we undertake innovation and that is not just a “lick of paint” or a hasty re-fit of the existing, this needs something a whole lot more.

I took a look at 1) how can AI drive innovation in different ways, 2) would this require a new operating model and 3) how the innovation workflow will require a transformational change to the operating model and 4) the outcome of a fundamental rethinking of how innovation is approached and executed.

We need to leverage speed, scale and impact of Gen AI and delivering this at fast rates for consumer appeal and market development need and growth.

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Business Ecosystems can unlock game-changing potential- lift up your eyes.

Business Ecosystems can unlock game-changing potential

We sometimes get sidetracked, caught up in the “weeds” of making step-by-step progress, seemingly against odds that are often resistant and unyielding to the notion of change or alternatives to what we are doing.

Today many businesses are floundering in low or no-growth environments and applying approaches that just are not equipped to deal with today’s complex challenges. We are facing market conditions caught up in volatility and ongoing disruptions.

We are equally in the age of harnessing collective intelligence to be in a better position to address these complex challenges. The combined power of Gen AI, humans and diversity of understanding need to be harnessed to open up entirely new realms of possibility. Enter the power of Business Ecosystems.

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An Emerging Blueprint for thinking through Business Ecosystems

Integrated Blueprint Framework for Business Ecosystem Design and Thinking

So why do we need a Blueprint for thinking through the Business Ecosystem needs of future business? ​

  • A blueprint is needed to thrive and find solutions in the face of complexity and uncertainty. ​
  • Ecosystem thinking and design should be central to this blueprint, as it offers the potential for transformative power and new impact, value, and growth. ​
  • The integration of business ecosystems needs the interconnected parts, with each layer contributing to the whole. ​
  • The three main layers are Strategic, Operational and Crosscutting in design and building blocks
  • The need is to move towards a more comprehensive understanding of the values of synergies, interdependencies, and exponential value created when these layers are interconnected.

We need to appreciate the real business ecosystems we need, they are radically different than most of how we presently undertake Business.

What we first need to do is appreciate this significant difference of what are Business Ecosystems BEFORE we jump into chasing different growth, impact or business opportunity. It needs to recognize the most likely outcome is likely to be a new collaborative Business Model and ask “are we ready for that?”

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