Tag Archives: Power of platform management

Evolving to my focus on the Business Ecosystem story

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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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Crafting the Interconnected Business Ecosystems Story is complex in itself.

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Crafting a compelling story that encompasses building ecosystem capabilities, establishing the Interconnected Business Ecosystem Needs, and implementing a blueprint to navigate the ever-changing landscape involves far more than I initially contemplated.

Business Ecosystems are complex. To argue the need to interconnect makes this even tougher and let me put some initial structure to this.

There is so much in weaving any narrative to find the right ways to resonate with your audience.

Here’s a structured approach to build out this story. I believe these become individual parts of a complete storytelling, and I am slowly working through them.

Is it working? I think so but I do have moments of concern and worry it is not getting the imperative of needed focus behind this change to Business Ecosystem thinking and design for businesses to recognize they are in a very different world of reliance.

We need to recognize a growing reliance on building dynamic networks of growing dependencies that leverages on the “collective power and diversity” to tackle problems that need complex thinking through this Interconnected Business Ecosystem approach.

As I tell this story it is equally revealing itself more and more to me. I am learning constantly to adjust, adapt and keep flexible and agile, just like my arguments for businesses to design and think through.

To further help I asked Google through its NotebookLM to provide me back their story of how this might evolve

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How critical Dynamic Ecosystems are to any Ecosystem Design

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The importance of Recognizing Dynamic Ecosystems

We recognize the need for business to embrace change and thrive through adaptation in a rapidly evolving business landscape does require a very dynamic environment.

Dynamic Ecosystems are central to providing the engine to collaborations, adaptation and future leadership. Its central role is to build constant adaptation and resilience, pushing to create increasing value through discovery and extraction throughout the entire ecosystem, and providing the evolving positioning of business as leaders in tomorrows industries and solutions provided.

A continuous learning and acquiring knowledge insights needs this rapid adaptability from the Dynamic Ecosystem. Central to investing and exploring innovation, leveraging network effects, capitalizing on synergies and diversities to deliver into decision making the best options and value.

Dynamic Ecosystems build future ecosystem resilience and including participation as the core to thinking evolution and discovery, to exploit and expand to what is possible, through ecosystem-centric thinking and design. They are critical to delivering through collaborative arrangements and diversity of thinking and knowledge sharing.

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Seeking The Alternative Path: Partner Ecosystems for Innovation, Resilience, and Providing Unique Impact

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Seeking The Alternative Path: Partner Ecosystems for Innovation, Resilience, and Proving Unique Impact

In an increasingly interconnected and complex business environment, partner ecosystems offer an alternative path to traditional business models. This approach not only fosters different types of innovation but also enhances organizational resilience and creates lasting impact. Here’s how and why partner ecosystems are transformative:

Business Pitch Summary:

  • We need to Innovate Differently: Harness diverse expertise to drive unique, customer-centric solutions comes from unique partner ecosystem configurations.
  • The real need is Building Resilience: Share risks, adapt quickly, and ensure robust operations does occur from applying a collaborative approach and building sustaining co-creation solutions.
  • Create Lasting Impact: Foster sustainable innovation and inclusive economic growth is achieved in community and customer engagement, discovering and sharing value, impact and novel solutions that solve real problems that can only be achieved from co-operations and awareness.
  • The Value of Finding the Right Facilitator: Building effective Partner Ecosystems needs a very focused facilitator to bring together and equally to draw out the concepts, values and diversity of unique partner ecosystem configurations.
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The increasing need for Business Ecosystem Impact Coaching

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Delivering Innovation and Business Ecosystem Impact

Increasing business ecosystem capacity through coaching

There are many benefits from having an intense course of one-on-one coaching, irrespective of the level of responsibility you have for innovation and business ecosystem thinking and designing within your organization.

In some ways it builds upon a similar approach to management behavioral coaching, one that is designed to change perceptions, re-orientate your thinking and approach it opens up to different thinking to build out your innovation understanding.

Coaching, advising and mentoring each require a combination of strategic thinking, interpersonal skills, and a deepening understanding of the dynamics of interconnected organizations.

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The Building Blocks of Connected Business Ecosystems

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The Building Blocks of Business Ecosystems in thinking and design

In a world where everything seems to be becoming complex, challenging or simply tough to make the necessary changes, we need to think differently.

We need to collaborate and co-create and that comes from adopting the mindset of Business Ecosystems.

Designing a shared strategic cooperation, recognizing everything needs or is interconnected to achieve a different market position we need to think differently.

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Building Momentum in Business Ecosystems: Research Insights and Future Directions

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Recognizing how connected Business Ecosystems need to be

During the August period, quieter for client engagement, it gave me the opportunity to really do some extensive research across the multiple topics around Business Ecosystems.

The research reminded me that in today’s rapidly evolving business landscape, the concept of Business Ecosystems is gaining increasing prominence but is still not well understood.

There is a real need for companies to remain competitive but they are seemingly striving to gain value reliant on old or existing tools and thinking.

The value of Business Ecosystems, in thinking and design for leveraging their growth is still hesitant for so many to investigate or explore. Building justification for making a change in thinking takes time and validation. This further research will yield more for convincing many still reluctant to “open up” to this change to recognize the need for this Ecosystem thinking to happen……..to them.

Simply, it is recognizing that these business ecosystems are becoming so crucial to resolve the complex challenges we are facing to day and that needs collaboration and co-creation but are complex in their structure and execution.

I have tried to summarize the key insights and areas of inquiry from this recent research in the following ways:

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A suggested sequence into the Interconnected Business Ecosystem framework

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Putting sequence into the building of Interconnected Business Ecosystems

How would you sequence these within a interconnected business ecosystem environment?

As I continue to build out the Interconnected Business Ecosystem framework into my version 2 following the opening post Extending out the Interconnected Business Ecosystem as necessary. That opening post outlined each ecosystem in its specific concept approach, positioning and focus area that define the ecosystems and suggest the distinctiveness and value parameters this gives.

Initially I focused on framing this around four ecosystems: innovation, business, dynamic and enterprise as interdependent ecosystems. In the past few months I have been questioning this and believe the interplay was lacking in recognition that other ecosystems were coming into play. Here I deal with the sequencing.

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Why Business Ecosystems are highly valuable to think through.

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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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Crossing the chasm with Partner Ecosystems to grow your business differently.

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A relatively quick post, partly as Hannover Messe 2024 is in full flow and tuning into events like this, you realize where we are all being pushed to the future,. Although GenAI gets a lot of central billing in the talks and demonstrations, the future “buzz words” that tell much of the immediate future are wrapped up in the solutions being offered.

Hannover is seemingly emphasizing the power and need of Ecosystems, platforms, marketplaces, end-to-end processes, and sustainability to set up so as to gain value and impact from all the data and AI coming towards us. These events are always forward-looking; you get the impression there are some big, even mega ecosystems, being built, but the reluctance and convincing are still lagging from those attending, transformation is a very tough call.

I am not sure we have crossed that “tipping point” needed from the essential missing piece—customers of all sizes and shapes—being convinced that opening up to far more collaboration and co-creation is in their interest. They need to cross the chasm and start with, perhaps, extending their existing thinking on “Partner Ecosystems” and opening them up to real collaboration and co-creation sharing.

Crossing the chasm into a new way of doing business through Ecosystem thinking and design is upon us all.

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