Evolving to my focus on the Business Ecosystem story

Building Strong Business Ecosystems

Recently I have been reflecting and giving a new focus on my journey on Business Ecosystems. On this dedicated web site ecosystems4innovating.com I have traveled from my initial emphasis on the platform and the technology parts, increasingly recognizing and moving towards building over these past few years, the business ecosystem story and understanding needed. I have evolved my thinking from over 200 plus posts published as this evolving journey to lead up to today and my current opinion. The future promises to be exciting-

Let me summarize this on a current state of Ecosystem play, as it forms the basis of where I go forward in the continued development of Business Ecosystems and why I see these as significant in value to any business searching for new growth, different impact points and recognizing the value of collaborating within networks of ecosystems to accelerate their offerings, making these more resilient and sustaining.

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Cutting through the issues with Partner Ecosystems

Cutting through the issues to build a Partner Ecosystem

Sometimes we do limit our thinking in business. One organization wants to “own it” and through this limited view deny themselves a diverse set of growth options by opening up to collaborations and co-creation.

Partner ecosystems are far, far more than supply chain or purchasing agreements. They can be a real catalyst for new growth opportunities, resolution to complex challenges and provide new options to build a business differently for impact and sustaining value.

I believe many organizations need to look beyond the “known” and explore the “unknown. It is not as uncomfortable as you might initially think, yet it needs some serious thinking through and approaching and the business case shown below might prompt your thinking to reach out.

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Why Business Ecosystems are highly valuable to think through.

Thinking through Business Ecosystems

Business ecosystems have grown in real importance for me to focus upon. Alone on this site I have written around 200 plus posts that relate to ecosystems and platforms since 2016 when I started separating my innovation thinking with this business ecosystem one.

Today, I have turned full circle, there is a need for merging these back but into innovation ecosystems for one and business ecosystems for the other, to explain different essential value parts..

Having an ecosystem-centric approach has growing advantages to navigate complexity and strive towards a new level of sustaining growth and impact.

Designing Ecosystems for collaboration, co-creation and extending your business out in radically different ways needs thinking through. It has become essential for the sustainable future tacking more complex and challenging issues

Let me provide some thoughts on this:

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Thinking and Designing for Business Ecosystems

Thinking & designing Business Ecosystems to build innovation differently

Why should we think about the potential within Business Ecosystems? What does thinking and designing for Business Ecosystems mean?

Thinking and designing for business ecosystems represents a fundamental shift in how we approach business strategy, innovation, and value creation. Let me break this down for you in a way that bridges conceptual understanding with practical application. Two statements:

  1. Thinking and designing for business ecosystems means adopting a holistic, interconnected view of business operations and strategy.
  2. Thinking and designing for Business Ecosystems is about recognizing that in today’s complex business environment, no company is an island. Success increasingly depends on a company’s ability to collaborate, co-create, and thrive within a network of diverse stakeholders.
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Living in a changing world, embracing Partner Ecosystems

copyright SIA Partners, with permission on Partner Ecosystems

I have entered into a collaborative partnership with SIA Partners on Partner Ecosystems. Combining expertise, connections, methodologies, capabilities, and client work in advising, mentoring, and consulting is exciting; in offering some genuinely unique IP methodology in concept designs, research, and industry and institution connections, a compelling service offering is emerging. We believe the diversity within the proven application and combined strengths offer much.

The time to engage to discuss what this might mean to different businesses, institutions, and societies requires radically new thinking. Partner Ecosystems can solve complex issues, make a real difference in enhancing lives, and, in many cases, save lives through collaborative efforts.

Irrespective of providing solutions to the immediate and surface-level issues we are facing today, we encourage and all need to dive deeper into those systemic challenges and position at the forefront of collaborative and co-creation approaches. This requires a progressive mindset, a recognition we must change so you can differentiate your propositions and demonstrate a deep understanding of the complexities involved in tackling systemic business issues.

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Proving the Interconnected Stacks of the Business Ecosystem Framework.

The Interconnected Business Ecosystem Framework

Are you considering building a greater understanding of where Ecosystem thinking and design can fit within your organization?

The Interconnected Business Ecosystem Framework is a pioneering and holistic approach that redefines how organizations create value, drive innovation, and achieve long-term success in an increasingly complex and dynamic business environment.

“Deploying a design that recognizes the layers of an Innovation Ecosystem that feeds the Business Ecosystem, and these provide the Dynamic Ecosystem to adjust and respond and, when combined, allow the Enterprise Ecosystem to unlock untapped potential driving sustained growth and achieving collective prosperity that thrives on its interdependence and interconnectedness.”

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We still need to sell Business Ecosystems

The selling of Business Ecosystems needs facilitation and realization

So often, you get the question, “What are the arguments for selling B2B business ecosystems?”

Then why would enterprises invest in such a significant change to their systems and structures? Where is the value and payback?

It should be recognized that selling B2B business ecosystems to enterprises can be a compelling proposition as it offers several potential benefits and value propositions. Here are some key top level arguments for why enterprises might invest in adopting a B2B business ecosystem approach:

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Dynamic Adaptation and Resilience in Interconnected Business Ecosystems

The Dynamic Ecosystem within the Interconnected Business Ecosystems

Business Ecosystems are the growing force to galvanize change and build a more collaborative culture, where the partners’ diversity enables solutions to be solving more complex and challenging problems we seem to be facing today.

When thinking about and designing business ecosystems, you must recognize that different ecosystems contribute, evolve, and determine their part in a “bigger” scheme of things. Recognizing that innovation, business, dynamic, and enterprise ecosystems through the design to be interconnected has evolved into the Interconnected Business Ecosystem framework.

Below in this post, I have clarified where the Dynamic Ecosystem fits and its significant contribution, influence, and impact on the health, dynamism, and future solution orientation we strive for in any new solutions. The C-level pitch sums it up well.

I have written extensively about “the dynamics within a system,” especially an innovation one, arguing that adaptation and resilience are consequences of practising “dynamics.” I got caught up in the importance of studying and recommending the need to build dynamic capabilities. More recently, I have written about the critically crucial dynamic ecosystem that “sits” in the interconnected business ecosystems of innovation, business, dynamics, and enterprise.

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Interdependence and Feedback Loops are pivotal in successful Interconnected Business Ecosystems

Interdependence and Feedback Loops are pivotal to Interconnected Business Ecosystems

In any interconnected business ecosystem design, two pivotal components work in tandem to ensure the system’s overall health, adaptability, and success. The interdependence and feedback loops are intrinsically linked and mutually reinforcing. This recognition and emphasis on their importance are critical to building a robust business ecosystem.

The combination of interdependence and feedback loops creates a dynamic and self-regulating system. Interdependence highlights the need for coordinated action and shared awareness among ecosystem participants, while feedback loops provide the necessary information and insights to inform that coordinated action.

This post aims to break down the two and combine them in explanations and initial understanding. Examples of measuring them at operational and strategic levels and providing a more comprehensive and systematic approach are not discussed here. That is better at any designing and implementing stage.

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Applying Super Governance to the Interconnected Business Ecosystem.

Applying Super Governance to Interconnected Business Ecosystems

I have been working on further developing and creating a comprehensive framework for the Interconnected Business Ecosystem that addresses various aspects of ecosystem design, management, and governance.

I debated if I needed to add a super governance layer that ensures alignment, stability, and ethical practices across the entire ecosystem.

I have resisted this and have not added a further layer, as much of what is required from governance lies within any layer. I believe that within each of the four layers—Innovation, Business, Dynamic, and Enterprise—you add these suggestions to give them each a “super governance” managing aspect that can be “rolled up” in the final Enterprise layer if needed for any Enterprise Collaboration Board level resolution.

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