Being Smart Invest in Ecosystems During Recessions
When economic headwinds hit, conventional wisdom urges organizations to tighten belts, cut costs, and hunker down. But history—and strategy—suggests a more nuanced approach. Recessions, while challenging, also offer rare windows for bold moves. One of the most powerful yet underutilized strategies during downturns is investing in ecosystems.
Ecosystems—collaborative networks of partners, platforms, and shared resources—can help organizations weather economic storms and position themselves for accelerated growth when the tide turns. But convincing leadership to invest during a recession requires re-framing the conversation. It’s not about spending more—it’s about spending smarter.
Putting some of my opening thoughts into some form of “good” order, here is a view for considering Ecosystems
Recognizing the value of Connected Business Ecosystems.
The Compelling Case for Business Ecosystemsto Navigate in the New World of Realities
“We are operating in a fundamentally different world – no longer linear and predictable, but a dynamic, networked, and rapidly evolving landscape.” Our traditional, hierarchical structures, designed for stability and control, are increasingly becoming strategic liabilities, making us slow to adapt, vulnerable to disruption, and limited in our ability to innovate.
This new reality is not just a trend; it’s a profound shift that creates urgent triggers for change: unprecedented technological disruption, rapidly shifting customer expectations, complex industry-wide challenges, and intense competitive pressures.
The most fundamental “meta-trigger” for the rise of business ecosystems is the shifts taking place from a linear, predictable, hierarchically controlled world to ones that reguires a dynamic, networked, adaptive, and often unpredictable reaction, requiring a different managment thinking. Business Ecosystem design and thinking provide the very bedrock upon which the necessity of ecosystem strategies rests. It is the fundamental context that makes ecosystem adoption an existential imperative for many organizations.
Business ecosystems are not merely a business model; they are the strategic imperative and the necessary organizational evolution to thrive in this new connected world.
Dynamic Ecosystems are at the heart of Business Ecosystems
So what is the crucial role of Dynamic Ecosystems? We shouldn’t understate or misunderstand their importance. Let me summarize and emphasize the significance of Dynamic Ecosystems in this post.
By placing the emphasize in Dynamic Ecosystems and by properly integrating the concept within an integrated interconnected Ecosystem, we can create a more accurate and useful representation of how modern business environments actually function. It is flowing and enabling part of Ecosystems.
This offers a detailed exploration to the vital part of Dynamic Ecosystems play in Ecosystem Management that will help organizations have a better understanding to leverage the complex, interconnected, and rapidly changing nature of their business landscapes.
Business Ecosystems are interconnected and integrated to build unique value and greater resilience
Unlocking Transformative Value: The Power of Integrated Interconnected Business Ecosystems
In today’s dynamic world, businesses face unprecedented complexity. The key to navigating this landscape and achieving future-proof growth lies in embracing Integrated Interconnected Business Ecosystems.. This isn’t just an evolutionary step; it’s a fundamental shift in how organizations create value, drive innovation, and achieve long-term success.
The primary goal of these ecosystems is to navigate business complexity through collaborative efforts, emphasizing openness, adaptability, and shared vision. It’s about moving beyond traditional silos and fostering a cohesive whole where mutual value and prosperity are paramount. This strategic imperative creates a virtuous cycle of value, resilience, and adaptability.
Needing Strong Business Ecosystems by building them future-proof
Globally, leaders face immense pressure to innovate, protect and grow their business while navigating complex market shifts. I specialize in designing and implementing robust innovation ecosystems that empower organizations to accelerate their market transition and secure long-term, profitable growth.
Are you looking to future-proof your business in a rapidly evolving landscape?
My research has explored the world of Business Ecosystems, and I recently ran a check on the specific parts or themes I have explored and written about.
I focus on ecosystems from a business or society perspective. Specifically, I approach Ecosystems from the innovation, dynamic or business angle. I am amazed at what I have gathered, in knowledge, insights and researching consistently that builds out practical and applicable advice, to those implementing or simply understanding the dynamics needed for Ecosystem design and thinking.
Recently I went through a fairly comprehensive audit of my work to date around Business Ecosystems. The recommendations were to reduce the broader scope and provide more quantifiable metrics, emphasis and deepen more dynamic ecosystems in frameworks and the mechanics behind them, build technology into its rightful position as a foundational element into Ecosystem thinking, and give focused services that provide distinctive returns.
Like any good audit, it was detailed, pretty extensive and did force me to rethink. The highlighting of different gaps were suggested as ones able to be closed with a clearer focus, yet suggested this more distinctive shift was needed to place fresh emphasis on outcomes in given offerings. In other words tighten the value propositions (VP).
Business Ecosystems are interconnected and integrated networks to build unique value and greater resilience
Ecosystems are living adaptive networks: these forms the basis of the integrated Business Ecosystems where Connection, Dynamism, and Evolution Converge.
Central to my thinking in my Business Ecosystem offering is a core concept of multi-dimensional applications that combine the different ecosystem types (Innovation, Entrepreneurial or Start-Up, Business, Dynamic, (solo) Enterprise and Enterprise-to-Enterprise) as interconnected layers with the different dimensions (or building blocks) to explore around Purpose, Relationship, Value Creation, Governance and Enabling Technology. This provides a comprehensive, rigorous way to analyze and build ecosystems.
But firstly in this post let me tell the Integrated Business Value Story.
Interconnected Business Ecosystems- the imperative in a modern world
Background and Introduction
I enjoy the value of building different thoughts through Mind Mapping. They trigger as well as pull together different strands. In a world that seems to be facing a new world order in trade, collaboration and cooperation, we need building mechanisms that can adapt and give a better resilience in “selective” networks. For me, building and designing Business Ecosystems offers a different way of enabling growth, different value and worth.
So let me tell you the story of Business Ecosystems in a modern world
In today’s rapidly evolving world, the concept of ecosystems has emerged as a critical model for achieving sustainable growth and addressing complex challenges. Ecosystems, in this context, refer to networks of interconnected entities—whether they be businesses, communities, or technologies—working collaboratively to create value and drive innovation.
The imperative of ecosystems is becoming increasingly evident as we navigate a more interconnected world, where working together isn’t just beneficial, but essential.
Building a new Interconnected Business Ecosystem Design
I have recently been reworking my views on Business Ecosystems in their thinking and design. They are recognizing a fundamental shift in how we approach problem-solving and value creation. We need to continue to urge businesses to move away from often isolated, linear models towards this thinking and design, forming around being interconnected, based on dynamic systems.
It is moving towards a collaborative, interconnected design that makes for a radically different mindset where complex relationships, where value co-creation and balancing both short-term and long-term become central for sustainability and protecting a viable future.
We do need to recognize Business is on a Burning Platform: Why Traditional Approaches Are Failing
Building Ecosystem Business Models for Mid-Sized Firms are so often under-looked in much of the literature we are referred too. We get caught in the bigger players, often provided by the large consultant companies, for our references- such as Alibaba, Salesforce, Amazon, Apple, Siemens, etc,.
How can Mid-sized Business Organizations set about to build out an Ecosystem Business Model using third party providers for platforms, communication technology, data analysis and use of Gen AI?
Are these as expensive as initially feared, can they work as effectively as those provided for the bigger players offering Ecosystem solutions? You need to build out a projection of possible budgets for costs in the first year and then annual ongoing ones. Ecosystem building often runs into sometimes hundred of millions of dollars but taking a really small step I (really) hesitate here, but $2.0m to $3.0m for the first year to eighteen months provides you your dedicated Ecosystem, and yearly $1m, including team costs BUT it so depends. It is where you take this, in recognizing its value, diversity to your business and worth, determines where you take this out.
So please take these numbers as only a starters point to get your levels of interest up or otherwise I recommend you don’t bother to read the rest of the post! Scaling, then the numbers rise fast but so can the accelerated returns!
This is only a brief guidance to get you to relate and see if the “ecosystem juices” are flowing. It is not comprehensive but it does go into a starting point of a Mid-sized firms starting point to Business Ecosystems. Even if I hear some readers mutter these numbers are crazily low you have a initial framework to build up into a project
I want to here address a number of questions any organization contemplating this building a ecosystem would need to go through. There are a good few more but lets limit this to a level where they can be absorbed and then I suggest to go further then come and ask me.
