Making the case for Ecosystem thinking

Business is certainly changing

Credit Tatiana Plakhova @ complexitygraphics.com

Regretfully many businesses are still caught in the change over from the past industrial era, we have not fully absorbed or translated the impact of the digital effect. The rising expectations from technology are ‘running way ahead’ of our ability to transform the organizations to be digitally ready.

We are in need of finding and developing environments that are far more connected and open, simple yet intelligent to reduce complexity, yet fast and scalable as the frequency and collaboration needs are changing, all placing increased demands on the organization.

With the consistent onslaught of social media, the potential of cloud computing and the increasing reliance on the mobile or smartphone, the pressure is on organizations to adapt and respond accordingly. The consumer expectations are dramatically shifting to expecting these connected experiences we have written about, they are seeking higher levels of personal gratification.

Everything is about “getting connected”.

Working in Ecosystems will change the nature of business activities

Ecosystems will have the potential to expand capabilities and enable experiences beyond anything possible today in the present ‘disconnected’ world, where technology is not playing a significant part. It is by the very nature of the interacting and interdependence in relationships that is driving this need of participating in an interconnected system.

We are all increasingly searching for designing new ways to do business, ones that are buildimng networks that are collectively finding, exchanging and looking to create and allocate new business value together. It is the need of acting together, that offers the potential for the outcomes to be greater than the sum of the individual parts and it will be technology driven.

Recognizing the significant changes underway let’s look at many parts of today’s environment that are coming together to make the conditions for a ‘perfect storm’ that we have to navigate through.

Multiple elements are combining to drive change and get us all to consider Ecosystem designs as a solution to reduce complexity.
  • Business has a growing need for finding new competitive battle zones as they exhaust the traditional ones
  • There are these higher risks of disruption happening today, across all industry sectors
  • The scramble to scale and globalize is increasing the pressure for speed, adaptation, and new outlooks.
  • Customers are more sophisticated and demanding, expectations and empowerment are on the rise.
  • Customer experience is becoming more compelling, individualized and offering integrated experiences.
  • Digital transformation, big data analysis and the ubiquity of information is changing the knowledge game
  • Industry lines and conventions are blurring and merging through the need for technology and overhaul
  • Power is shifting from single company offerings into platform offerings, built on collaboration needs
  • The existing Business Model is increasingly under threat and shorter in its ‘shelf life’
  • Collaborative Needs are increasingly the basis for achieving competitive advantage
  • Reality is that every innovation and company is part of a broader, evolving ecosystem
  • Our futures are far more intertwined and dependent on others
  • Technology is leading us all in an unparalleled rate of change in most of what we do in our lives.
  • The reinventing of the rules of competition have dramatically opened up (startups, venture capital etc)
  • We all cannot navigate the future alone, we are becoming increasingly reliant and dependent.
  • Technology offers business greater access to intelligence that is fast and scalable
  • There is a shift in the economic equation to collaboration, transparency and customer engagement.

These shifts are altering the business environment and organizations have got to find solutions to address these, as these shifts are increasingly making the environment highly complex to navigate through. Ecosystem thinking holds a crucial key to managing this growing complexity, in radically connected ways.

Business Ecosystems are not new but they hold tremendous promise for innovation

Business Ecosystem thinking, although not new, is rapidly becoming the new organism to coalesce around to tackle growing complex challenges and a more demanding consumer. It has the mechanisms to encompass all necessary players to share and relate to the challenges and collectively work on solutions together, often in a growing world of complexity.

Creating A Unique Nested Hydrogen Ecosystem for the Energy Transformation

Ecosystems hold a certain fascination for me. The ecosystem approach can tackle and help resolve some of the more complex issues we face.

We increasingly use the word “ecosystem” to describe our environment that we operate with, but we are often diluting its true positioning.

Truly unique ecosystems are hard to find and certainly to manage. One I really feel reflects a collaborative model worth explaining is the ones that are forming around Hydrogen as the alternative energy vector based on renewables. To replace or become a significant part of any entrenched energy system requires a system design approach. This part of the energy transition fits within the ‘greater’ energy system design.

Let’s look at this with some context and then clarify that approaching Hydrogen needs a unique Ecosystem design. We are presently building a unique ‘nested’ Hydrogen Ecosystem within the Energy Transition. It is interesting to explore, firstly here and then in a follow-up post on one of its specific parts. Continue reading

The Power of Innovation Ecosystems

The power of a powerful networked ecosystem

We are entering the world of innovation ecosystems where broader, more complex innovation challenges, through greater collaborations can be achieved. So to help, there is a dedicated site to building the arguments and explore options for your future here in collaborative designs and you have found it!

Collaborative Ecosystems are forging a new direction and momentum for innovation to travel and tackle more demanding innovation that requires the capabilities of more than one to deliver what is becoming increasingly possible through technology and the network effect we see through our growing connections.

For many today, innovation is simply not working, it remains a disappointment for a variety of reasons, especially for those leading organizations required to be seeking out new growth, operating in increasing volatile and tough markets where disruption and copying are increasing the pressures. Something has to change and it is this recognition that it can come from managing innovation in ecosystems can provide part of the answer.

We believe innovation needs to enter a new era of prosperity.

Incremental innovation can only take you a very limited way, it needs a bolder resolution as we must move from the era of discreet products, There is a need to deliver some changes in the way we operate, collaborate and create. Perhaps this is even more radical than we initially would like but this needs a different set of thinking and growing understanding and here, we aim to provide part of this.

We are finding ourselves in a race to the bottom when it comes to maintaining a competitive edge. As soon as the product is available within ever-decreasing time, it is being copied and any advantage has vanished. Can we continue to chase our tail?

We require a different way of thinking. This is more centred on innovation ecosystems.

So on this site; it will be dedicated to telling the innovation stories that provide the understanding of the value and growth opportunities that can come from exploring innovation ecosystems.

These will include what makes up innovation ecosystems and the changes this can offer. How the platforms we see everywhere can fit and work for us.

We all need to explore ecosystems, understand the delivery mechanisms of platforms along with other collaborative methods and push towards the new need of today, to deliver a seamless total solution that provides customers what they are constantly asking for, to solve their needs and give them greater engagement and experiences. This thinking is driven by a need for new products and services and experiences, otherwise, we believe customers will continue to turn away from discrete, disconnected products and services increasingly over time

Shaping and introducing new innovation ecosystems is not easy but it has enormous potential to transform competition and deliver on this ‘seamless experience’ that will be valued and recognized by its unique set of offerings. It can become the unique competitive positioning due to this connected ecosystem of collaborators, it offers an advantage to all engaged in its potential as it has diversity, dynamics, differentiation and distinctiveness in its  design and delivery

Continue to browse on this site to help in this understanding of a new innovation era where ecosystem thinking and platform management are combining in ways that are giving far greater impact and growth to the business that participate. They offer a multiplier effect.

Thinking About Relationship and Network Management

By looking outside we open up. More and more demands are being placed on us via our customers, suppliers, our regulators and a host of other stakeholders all wanting to contribute into our existing knowledge. The ability to collaborate, to cooperate is coming by purposefully designing ecosystems and platforms

We struggle to adapt to these new external pressures as the more we engage outside we realize there are (often) stark differences in approaching problems. This adaptation demands a very different approach to anyone organizations structures, processes and systems. They need to adapt to and support these changes in working within an ecosystem designed one.

We all need to be more flexible, adaptable and agile so our resources grow their capacity to absorb and strengthen the competency and capability in new more dynamic ways. To design in ecosystem thinking needs a very different approach.

Continue reading

Connecting future value will come from Ecosystem thinking

Ecosystems can offer so much connecting value out there to ‘form’ around.

The value of breaking down long-standing boundaries is occurring with or without you.

Barriers are dissolving as more recognize the need and value of coalescing around a networked ecosystem.

The chances for greater, more radical innovation to grow the business comes from exploring mutual opportunities to capture new economic value.

We are witnessing a very radical change, driven by technology, increasingly disrupting and breaking down past traditional boundaries, partly built to defend positions so as to achieve economic scale. Ecosystem thinking for designing the future of business collaboration is central to the changes we are navigating through today.

There is a new economic logic to build even greater scale, it involves greater complexity, yet its value proposition is to strive towards offer greater customer experience and satisfaction, where the solutions are valued highly in social and economic value. Continue reading

Look around you the cross-industry or community ecosystem is exploding.

Many of the changes that will emerge in the next twelve to twenty-four months will become more cross-industry and service ecosystems. The search is far more today looking for synergies.

Connecting into a Ecosystem is necessary to extract those collaborative synergies. It requires a host (platform provider), different apps, weblinks and consistent ways to integrate these so those using the airport or train station can navigate their way around their personal needs. It needs an ecosystem and platform management to bring this together.

We are increasingly expecting as consumers, uninterrupted connectivity, and virtual integration and that need for continued connectivity will spur new value propositions for technology and AI to take over and manage more of your daily, repetitive tasks. Continue reading