The New Business Ecosystem Era

The Imperative of Ecosystems in a Modern World- we need to value collaborative networks

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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.

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Ecosystem Design and Thinking: A Strategic Response to Recognizing Change

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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

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A Guide for Ecosystem Business Model Building for Mid-Sized Firms

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Building the Mid-sized Ecosystem Business Model

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.

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What I see in the Integrated Business Ecosystem

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By integrating your Business Ecosystem

I do, it seems, work a lot on integrating systems. So much of this work is specifically focused on advancing innovation in processes, design, and flows through applying Ecosystem thinking and design. So much of what we discover seems to always fall between gaps in how we organize this into a cohesive whole getting to a commercial conclusion.

There are many reasons, for example, it could be in the handover from one person to another or team to team, it could be the ignoring of aspects that seemed unimportant earlier on, ignored as a concept progresses and completely forgotten at the final stages, yet this insight or nugget of information held the key to unlocking a discovery moment. We seem bad at integrating our thinking or processes, hence my constant “quest” to find ways to bring things together for integrated thinking and designs.

This is why I focus on Ecosystems in thinking and design. The other day I picked up on something in my research I felt was important within Business Ecosystems thinking. It took a while to put this into the understanding that “really” seems to talk to me and I hope you

Let me explain as I think it is important:

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The Core Distinctiveness Of Business Ecosystems

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The Core Distinctiveness of Business Ecosystems

The need is to recognize that Business Ecosystems do need to be distinctive to succeed. They are complex and challenge much of what and how we undergo Business today.

Business Ecosystems do matter. Briefly they can transform the linear value chains we have in place today and make them more dynamic value networks. By expanding beyond existing and our traditional borders and markets we can create those potentially exponential growth opportunities. We can provide enhanced and highly interconnected customer value and through the selection of partners within the Ecosystem network we can can build real, sustaining competitive advantage.

Recognizing different thinking and design

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