Tag Archives: Building blocks of ecosystem design

The Evolving Platform Strategies in the Industrial Space

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There is far more focus on the consumer platform market where Facebook, Alibaba, Google, etc. all get the publicity and consequential high valuations to their business models. Yet, the size of the Industrial Platform market will be bigger, perhaps not in “eyeballs” but far more in economic value and growth to those that commit to these changes by collaborating through a networked designed platform ecosystem.

Redesigning a specific industry space to adapt and adjust to a platform business model is hard work. The investment in years of building internal systems is rapidly becoming worrying “legacy” issues. The new way to perform in business is through open, collaborative networks of collaborators that achieve far more growth potential by participating in an ecosystem of partners.

Strategic Industrial relationships are radically changing Continue reading →

Are innovation spillovers about to accelerate the course of the energy transformation?

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Achieving clean energy technology innovations will be vital if we want to meet the goals of net-zero emissions in the next fifty years.

Innovation is central to the energy transition through new technology solutions.

Innovation can accelerate and achieve rapid reductions in emissions of greenhouse gases to anything near the net-zero goals set in the Paris Agreement of 2015 to hold the global average temperature to below 2oC of pre-industrial levels.

We need significant development and diffuse new technology solutions to displace existing energy assets to move towards a global economy based on clean energy.

As we look at any clean energy scenarios, it is highly reliant on moving concepts, through prototyping into a commercial demonstration. Presently many of the clean energy solutions rely on technologies that are present only in a prototype or early smaller demonstration-scale and will not come to a commercial scale without significant new R&D efforts.

There are also numerous concepts indicating promising technology solutions that have not been, as yet, commercially deployed in any mass-market way. Some scenarios looking out over the next thirty or more years are suggesting these critical technologies can make up to 75% of solving any cumulative CO2 emissions. Continue reading →

Exploring the Innovation Technology in the Clean Energy Ecosystem

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Anyone involved in the Energy world knows how complex it has become.

It seemed as we look back at the past; we had simply one power provider, using one fossil fuel, maximizing their dedicated infrastructure and transmission lines, to then deliver to their dedicated substations and then onto the eventual consumer or customer the needed electricity or heat supply. It is radically different today for numerous reasons.

Reality is, we need to undertake a radical redesign of our entire energy ecosystem.

The consensus is that over the next twenty to thirty years, we must undergo a drastic change in our whole energy systems.

Do we understand what this means? Can we grasp the complexity of this undertaking?

I think we have some real help in understanding this through how the International Energy Agency is going about tackling the complexity will significantly help; they have mapped the entire energy system. Continue reading →

Needing three distinct Ecosystems within any Business Design

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I believe ecosystems are the new organism of the business world to innovative, network, and connect. Organize these correctly and you have a really powerful collaborative force

The three ecosystems of knowledge, innovation, and business mutually reinforce each other, it is all their interacting parts, their interdependence to each other, and how one part fits and reacts with the others, gives this great power.

We need to recognize business ecosystems are emerging as a real competitive force?

We all need to recognize that the world is changing. It is a highly connected one, built on some incredible technological advances. What is emerging as crystal clear, is that the single industry and one business-specific approach are seeing massive change, are being placed increasingly under threat of not even surviving. We require different business models to compete and it is through an ecosystem design you can extract greater value. Continue reading →

Designing our Innovation Ecosystems needs Five Considerations

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Firstly we need to put any innovation ecosystem into context. What are ecosystems, and why they are really valuable to consider when you are thinking about a more radical approach to any new innovation design?

Ecosystems are ideal for coalescing around a complex challenge, one that attracts and draws in all potential players who can contribute to sharing and relating to the challenges/goals and possible solutions, collectively. One individual’s contribution can’t solve this on its own, it needs this collaborative environment.

Ecosystems are networks of interconnected organizations, organized around one focal point, firm, or platform. They have both producers (that add intellectual value) and user-side participants (that add their experience and need), all wanting to focus and advance new value through innovation.

In any ecosystem, there is this need to recognize the value building and creation are both found upstream (producing) and downstream (consuming). It is this searching for the ‘combined effect’ that offers the more significant potential of sustaining value, by approaching new innovation in this ecosystem design approach.

So what do we need to consider for entering into an innovation ecosystem design? Continue reading →

Designing Ecosystems in Health Understanding

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Understanding any health issue is complicated enough, in how a doctor works through the alternatives as a “pattern recognition” when someone sick seeks help.  The diagnostic process is a complex transition process that begins with the patient’s personal illness history to achieve a result that can be categorized so solutions can then be applied.

A patient consulting the doctor about his symptoms starts an intricate process that may label him, classify his illness, indicate certain specific treatments in preference to others, and put him in a prognostic category.

The outcome of the process is regarded as essential for effective treatment by both patient and doctor(1). It is seen as “the clustering of signs and their development over time is, in narrative theory, defined as the plot, with this plot, eventually becoming the diagnosis.

Taking health systems higher into whole health systems

When you take health systems higher, into a design of a whole health system, the complexity becomes a magnitude of order to sort out that is way up there, in a different league. We struggle to find ways to capture whole health systems, perhaps until now.

There are so many gaps in our health system, to the point we are often just plugging parts thinking they are improving the system.  Actually, the opposite is often true, we produce a ‘knock-on’ effect that depreciates the system to make it less effective progressively over time or in surprising sudden fashion. This progressive decline comes partly from not understanding the complete Health Ecosystem you are in. We need to think about designing Health Systems in Ecosystem ways.

It is argued our health systems are failing as they do not address the “whole” health ecosystem, as we only tend to treat part of the system. The doctor is looking to cure the immediate issue, applying solutions that are often grouped as generative but in his judgment applicable to your need.

The question we all face there are significant gaps as the system really is one-sided, it is looking for speedy outcomes, and to limit the cost. This is a solution-providers need but is it coving the patient’s side by delivering value in one that offers affective capacity. Affective here refers to the underlying affective experience of feeling, emotion, or mood, both in its physical and mental capacity to influence and produce lasting change but also to provide a better health system focused on outcomes that work for the system providers and the patients’ perspectives delivering value to both.

Continue reading →

Responding to the corona virus outbreak- a Network Approach, offered by McKinsey

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Copyright © 2020 McKinsey & Company. All rights reserved.

McKinsey has been providing a couple of valuable articles on the coronavirus and offers up some thought leadership and business suggestions as we recognize the challenge this brings across the globe, in societies, and in business

Although they are providing the suggestion that leaders exhibit five leadership practices, it is the very first one that catches my eye. It is the setting up of a network and allowing it to be the response team to the pandemic and how the specific company is handling it. Continue reading →

Let’s Create and Rejuvenate with Ecosystems

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Credit Tatiana Plakhova @ complexitygraphics.com

Ecosystems are under-deployed or even misunderstood in business. Ecosystems are certainly growing in our jargon to describe something we think we want to achieve, but we fail to recognize many of its functioning aspects or needs to realize it. It is being offered simply as a buzzword.

The business ecosystem is an important business model you can deploy if you are having higher levels of complexity and growing uncertainty, and let’s be honest who doesn’t today? It can also be a way to reach out and have engagement and traction (Facebook, Airbnb, Uber, etc.)

When you are in the pursuit of having the best highly coordinated and geared to optimize performance such as a global supply chain, it is the complexity and integration that needs governance and the utmost attention to the detail and the flows. These are brilliant to “shave” costs, time and are working in predictable market conditions. Continue reading →

Economics, Politics and Climate need to come together.

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https://theconversation.com/humanitys-sustainability-is-no-excuse-for-abandoning-planet-earth-80699

In the last few months, I have got increasingly nervous about where we are NOT going on climate change.

The bush fires of Australia have been shocking, devastating, and crippling. They catalyze the concerns we all should have.

Each of us might or likely will face a shocking, devastating or crippling “event” in our lives in the next ten to twenty years. I feel it is inevitable, irrespective if we stopped all the debates and did the level of investment, we need to reverse the climate warming.

The next ten years of our investments in cutting emissions and refocusing our energy needs must go towards clean energy (renewables). Our ability to make a change will determine if these events recently will become the new norm, as our planet spins even more out of our ability to control climate-warming through greenhouse gases.

So I have to move through this shocking, devastating, and crippling effect but have I have begun to accept  the reality that our world is in a “state of climate alarm,” not just a “climate emergency.”

I have never before published one article on each of my three posting sites. This post I just had to. It is shaping me in how I look at innovation, collaboration, the power of networks, ecosystems and most of all, in our world of energy transition needed to reverse climate warming. So apologies if you see it on three separate sites but I don’t apologize for my real, underlying concern on where we are seemingly heading as a world.

Continue reading →

The Need for an Electrical Digital Twin

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Providing a digital twin solution in manufacturing is becoming a critical part of managing the complexity of the environment that entities have to increasingly operate within.

As digital twins become critically important, entities are beginning to adopt this “twinning” concept dramatically, and within the Energy Transition we are undertaking, it will be no different.

A digital twin enables a Utility, for example, to visualize its assets, track the constant changes occurring consistently, and make better decisions on the performance optimization.

Wikipedia offers a useful clarification of the Digital Twin.

“A digital twin is a digital replica of a living or non-living physical entity. By bridging the physical and the virtual world, data is transmitted seamlessly, allowing the virtual entity to exist simultaneously with the physical entity.

Digital twin refers to a digital replica of potential and actual physical assets (physical twin), processes, people, places, systems, and devices that can be used for various purposes.

The digital representation provides both the elements and the dynamics of how an Internet of things device operates and lives throughout its life cycle. Digital twins integrate the internet of things, artificial intelligence, machine learning, and software analytics with spatial network graphs to create living digital simulation models that update and change as their physical counterparts change.”

As the energy transition is presently undergoing such radical changes, the managing of energy and especially grid management is getting highly complex and the digitalization of this is becoming vital to manage differently. Why?

Continue reading →