The Constantly Living Dynamics of Ecosystem Governance Always Needed

Ecosystems will change the nature of business activities. Here are four of these but they need the beating heart of Governance to be pulsing through them by taking an evolving, living dynamic governance approach.

Ecosystems can lead to four distinct value-adding opportunities

  • Ecosystems will have the potential to expand capabilities and enable experiences beyond anything possible today in the present world that most of our business organizations operate in; ones that are operating in their own ‘disconnected’ world, internally focused, constrained by limited technology connection and resources.
  • Ecosystems open up the world. They connect it for richer access to diversity and different sets of discoveries not possible within one organization’s current capabilities or capacities. It is highly collaborative and interactive.
  • It is by this very nature of opening up and interacting building a growing interdependence in relationships, that is driving the new innovation potential. As one is looking to create and explore new business value by willing collaborators acting together, that offers potential for outcomes to be greater than the sum of the individual parts.
  • As our world becomes more complex, ecosystems offer ways to coalesce around those sorts of growing, seemingly complicated challenges, that bring together within the ecosystem community the potential to build, solve, share and exchange goals and concepts that help solve these complexities,  achieved in highly collaborative ways.

One of the most critical aspects of a thriving ecosystem comes from recognizing that Governance needs to be highly dynamic, constantly evolving as the inner heart of a good Ecosystem.

Distinctive Governance Challenges that keep evolving.
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The viability of building out sustaining business ecosystems and platforms

The viability of building sustaining business Ecosystems

Ecosystems and platforms are the present way to build your business or so we are advised. Yet there is ahead of us potentially the evolving way we take the Metaverse, this might be on the future horizon to take ecosystem thinking into a new direction.

Let’s see will metaverses take our present ecosystem thinking beyond? A metaverse is all the connections between the financial, virtual, and physical worlds that are becoming increasingly linked.

In many ways, the metaverse will combine all aspects of life in one place and become far more of our future platforms. There are commonalities between existing language and practice and the metaverse can extend this out.

For instance in reality, virtually, immersive, in marketplace offerings, in building a stronger blockchain element, having a greater social or customer participation. Marketplaces can decentralize even further what we have, we can interact differently, having more options to stimulate or be creative, and we will continue to build out interoperability and accessibility.

All of this is a “promise yet to come” but not so far away not to consider where the Metaverse might take ecosystem and platform practice into our present thinking.

Stepping back from the promise of what might yet come Continue reading

Business Innovation Ecosystems

Connected Network or Ecosystem Forming

The growing need to have a deeper understanding of the connections within Ecosystems has taken me into the world of Artificial Intelligence (AI) with the ability to quickly search for connected areas that “make” ecosystems.

So what is the value of AI when you are researching a subject? I have found applying a selected “natural language generation” technique as helpful.  It has accelerated and streamlined my research, making any analysis faster, it has been sometimes fairly puzzling in some of the outputs but I feel you are gaining from “real-time” data and keyword associations that provide new insights. The end results will certainly help shape my thinking into the future of Ecosystem Management. Continue reading

A Statement of Ecosystem Intent – the CEO letter often missing

A Statement of Ecosystem Intent – the CEO letter that is often missing but highly essential to have as part of any ecosystem design thinking.

Ecosystems have become a really hot topic. The word “Ecosystem” is getting as much “air time” as the general use of the word “innovation” in business recently.

It generates buzz, it projects the impression you are looking to the future, managing your business in that progressive, outward way, that shareholders and your employees love to hear.

The shift taking place- Ecosystems are entering the lexicon of top management.

It does sound good to talk about “building our ecosystem” in every possible way. You need to ask though, has management actually sat down and defined the type of ecosystem it wants to design, participate in, or become part of? Or does this simply happen, a sort of drifting into, a grand experiment, not connecting all that is truly necessary for such a seismic move, stifling the real progressive sense?

Let’s take a different approach Continue reading

Making Transition through Innovation, Ecosystem and Sustainable Approaches

Today, we need to transition through ecosystem thinking and designs, as we recognize the future value and impact for businesses to grow, is through collaborations and co-creation. We need to have a new open architecture for undergoing this transformation.

Making Sustainability central to innovation capability building in a new ecosystem designed way connects the parts into the future design. Continue reading

Understanding Value Creation within Ecosystem Thinking

Value Creation is vital to know about. Where is it coming from? What is being put into place to nurture, develop and allow its creation to evolve and spread so that it can attract more understanding?

Within Ecosystem thinking, the more we open up our thinking and ideas, the more we can build from this. We attract others to work together and create new points of value that are mutually rewarding. That openness offers so much more value creation possibility, yet we don’t talk about it; we simply generalize it like a “buzz word.” We need to be explicit on our value creation capabilities.

When we begin applying our thinking to Ecosystem designs, knowing where and how your value creation is generated becomes vitally important.

So what is value creation? Continue reading

A case for change; thinking out the evolution of platforms and ecosystems

What we offer today needs a change in emphasis of thinking out the evolution of platforms, into ones that are designed for building out thriving business ecosystems for all to collaborate around and build together.

I argue today, we need to change our stories into ecosystem thinking ones.

We need to shift our platform rhetoric into a vastly different one, one based on building the Ecosystem story, well defined in its understanding that requires a very intense focus on what it means within Industry design and expected outcomes.

Over the past three or more years, I have been studying and researching platforms and ecosystems. I feel we are at an inflexion point of significant business change from embracing ecosystem principles in the business world.

The key message from my reflection was, at the time, two years ago, “we do need to change our story; it is simply not about platforms“. It is thinking for the design for ecosystems, into “ecosystem mobilization.

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Ecosystems, technology and innovation; the keynote at Siemens SPS Event

Visual from Siemens Digital Industries SPS Event November 2021

This week, I enjoyed attending the Siemens SPS Event, taking technology, inspiration, and connecting innovation to a new level throughout the industrial world.Rainer Brehm’s Keynote

In the keynote of Rainer Brehm (@rainer_brehm ), the CEO of Factory Automation provided a clear understanding of what and why industrial technology is undergoing such a digital and automotive transformation and how Siemens (@siemens_industry) and their Digital Industry group was responding and offering clear leadership in this in solutions and customer support.

The SPS Event

The Siemens SPS virtual experience event focused on a digital enterprise portfolio seeking to offer technology inspiration. You can’t fail to learn of several new concepts or innovations within this portfolio provided.

You quickly recognize the powerful emergence of Ecosystems and new levels of connectivity and collaboration. These collaborations are both human and digital in form, running throughout all the sessions, over the three days, nicely weaved into the keynote to set the scene.

So much of our physical world is connecting into the digital world, and understanding the tasks of undergoing this digitalization journey has to reflect highly personal, individual concerns and choices as the starting points through assessing the collective wisdom and trends that are sweeping the world in the industrial revolution 4.0 to fit each business need.

In Rainer Brehm’s Keynote, he set the scene well.

As Rainer explains, the changes throughout the industrial sector are happening faster and faster. The critical enabler is the “usage of data.”

-Connectivity of combining a digital and real-world is proving for a more flexible and autonomous product. It enables the optimization of processes, introducing new opportunities through artificial intelligence (AI).

-Digitalization is advancing a more human-centric operation where the operator, the engineering and design benefit from adopting a digital twin approach.

-Today’s needs in manufacturing are to find a better sustainability pathway and grapple with a more transparent approach to understanding the carbon footprint of not just one part of the supply chain but to have a complete understanding.

-Customers and consumers demand this visibility and understanding of the actions being taken to offer products that are taking out carbonization and are genuinely sustaining.

-The final point in his opening remarks was that products and production needs to be resilient and highly flexible to adjust to changing demands and conditions and move towards these evolving and demanding market requirements

The growing issue Rainer rightly raised was how do we tackle these significant challenges? He continued in his keynote:

As Rainer explained, innovation cycles are getting shorter and shorter; new products are expected to be more customized than ever before, requiring a completely different manufacturing method to be initiated to accommodate this change.

Rainer sees the factory has to become even more automated and digital to adjust and adapt. To accomplish this evolution, the needs of software-enabled hardware and connectivity are becoming crucial. Today, to achieve a Digital Enterprise, one that acts fast, is intelligently adjusting to meet these ever-changing market requirements is needed.

As Rainer explained, connectivity is moving beyond simply the factory floor. Each product is today required to be designed in new ways using new technology approaches with the help of the digital twin and simulations.

Factory, production and product designs need to go beyond; solutions need to connect machines, process integrations, buildings, and warehouses along the supply change to optimize and understand the continuous data flow and improve.

Today, data needs to provide a feedback loop from production, supply, and design to produce today’s product and improve the next one. Improvements and insights in optimization, simulation for new designs and performances, and extend the machine and integrate the production line to achieve these unique and customized products in more efficient ways.

In his summing up on the Digital Enterprise, Rainer points out that digitalization and automation are the means of linking all processes from the real to the digital world in one continuous data flow that brings all stakeholders together. This increased cocreation environment includes designers, shop floor operators, engineers, analysts, and solution providers to close the feedback loop across the complete supply chain.

Rainer’s final observation came back to recognizing today one very relevant point: “sustainability will become the licence to operate.”

Siemens does do these events well to offer both broad but highly focused solutions to the needs of their customers.

Under the motto “Infinite opportunities from infinite data”, Siemens showcased solutions from its Digital Enterprise portfolio that enable companies to consistently digitalize, automate and make intensive use of the resulting data.

Four specific announcements within Rainer‘s keynote

Here in summarizing Rainer’s keynote, I  want to provide a short glimpse into four specific focal points that he announced from this keynote that support this digital and automating journey that needs different solutions or resolutions to be undertaken within the Industry.

My four exciting takeaways from the event announced by Rainer were:

Firstly, the continued integration of the Industrial IoT stack between OT & IT is where app development connects IT/ OT into the cloud, at the Edge, and finally onto the Shopfloor. This stack holds great promise for integrating the IIoT process. Siemens is taking a broad and integrated approach using Mendix and MindSphere in application and platform developments to provide customers with this robust IIoT solution.

Visual from Siemens Digital Industries SPS Event November 2021

Secondly and perhaps the most exciting is the launch of SiGREEN. This solution provides and drives decarbonization throughout the extended supply chain by focusing on high levels of carbon qualification through the use of Blockchain to keep data secure and confidential but without any mining or crypto-currency aspects.

Visual from Siemens Digital Industries SPS Event November 2021

SiGREEN is offering an open industry solution to identify the source of a product’s carbonization. The intent is to build an exact carbon footprint over the entire supply chain and offer transparency in identifying emission sources but with the confidentiality of those within the supply chain.

The solution provides a trustworthy aggregation of an overall Product Carbon Footprint across the supply chain without compromising the partners’ need for supply chain confidentiality.

Visual from Siemens Digital Industries SPS Event November 2021

It aims to quantify emissions reliably, be trustworthy, transparent, secure and efficient, in its methodology and approach, that can evaluate and where necessary certify scopes 1,2 and 3 for the complete product carbonization understanding to then find solutions to decarbonising it.

This SiGREEN solution promises to be an inspiring initiative by Siemens to fully determine the carbon footprint of products they are involved in with their declared goal of being a significant contributor to achieving a carbon-neutral industry.

Within the SiGREEN solution, the distributed and open Estanium network makes it possible to combine emission data into an actual ecological footprint.

Thirdly, Rainer also announced the Siemens Industrial Edge Platform. This platform is extending the Industrial Edge concept of 2020 into a new Industrial Edge Marketplace, where partners together can have a platform to exchange and find collaborative value in providing greater solutions for industrial applications.

Visual from Siemens Digital Industries SPS Event November 2021

Established partners will now benefit from a more open marketplace platform approach to expand their solutions in collaboration with a growing comprehensive network.

Providing an Edge Ecosystem adds a different, more robust new marketplace for developers who see the benefits of collaborating and co-creating to build applications relevant to specific IIoT needs. The platform to develop interfaces in an open development environment attracts a broader, more diverse community of providers and developments, buyers, developers, and sellers.

The new transaction mechanism promises a select, buy and use software environment from an open App store to move towards a seamless service and further access the industrial automation market through automating technology and providing the industrial software.

The new offering makes it possible for B2B customers to purchase and operate multiple software components on an all-in-one platform.

Finally, the fourth announcement from the keynote was on new solution offerings that are “creating infinite opportunities from infinite data“. The focus has been on building customer solutions that improve productivity, provide greater flexibility, connectivity and the use of 5G and drive simulations.

Visual from Siemens Digital Industries SPS Event November 2021

To find out more, then watch the keynote and all the other presenters over the three days.

The event provides so much value within the Industrial world where automation and digitalization are combining increasingly.

Register here: sie.ag/3b1jZJH, and you can watch the event for some weeks to fit your schedule. Do go and view this SPS event site:  sie.ag/3b1jZJH . When you enter the Siemens virtual trade fair experience, you discover all highlights in a virtual 3D showroom, auditorium event program, and you can certainly watch the event for some weeks to come to fit your schedule.

You have missed out on contacting an expert directly in the event but reaching out to Siemens through their sales channels or supporting websites is easy to begin any specific discussion on solutions that enable this digitalization and automation of your journey.

I got so much from these sessions, the head is swimming, but the brain is swirling! Thank you for what this SPS event provided, sessions that delivered such high levels of understanding from all those involved.

Siemens does do these events well to offer both broad but highly focused solutions to the needs of their customer Continue reading

Unlocking growth and value creation through sustainability as the driver

Sustainability is a Journey of Discovery

We increasingly recognize that the application of technology and the constant searching for new business models are opening up business into a sharing economy, where business recognizes all the different roles and contributions of governments, businesses, and society.

It is the realization that the growing power of collective action will address the complexities and larger-scale challenges we are facing today.

The recognition is growing that the environment, social and economic elements are far more intertwined and connected. Businesses are searching for greater links in their products, services, and operations to internally seek out an impact.

Business is becoming well aware that today’s consumer is looking that much harder for their solutions to be offering sustainability, alongside quality, availability, and ‘fair’ price.

Building trust, resiliency and a more integrated business model

There is a greater trust in relationships if a business addresses its environmental footprint and works to change its social impact in ways to protect our planet. Continue reading

Killing the Planet

I was reading a wonderful article but worrying, today by

Capitalism is killing the planet – it’s time to stop buying into our own destruction

In a week where those meeting at the COP26 in Glasgow begin the daunting task of trying to negotiate and keep limiting global warming of the planet to 1.5c degrees, this article hits at something that we all need to recognize as a major part of our troubles on this planet.

George Monbiots central point was: “The main cause of your environmental impact is your money. You persuade yourself you’re a green mega-consumer, but you’re just a mega-consumer”

I do suggest you read it, I have taken some extracts from it and left these extracts as is, why should I change them or add to them, as they provide a great view and examples of our own behaviours. My only fear “lifting extracts” might alter the main points of George Monbiots article. For that, I apologise.

I extracted these as these are the points that resonate with my concerns about where we are heading on this planet and my worry we can’t break the vicious cycle.

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