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Business Ecosystem Defined
Business ecosystem – an economic web –
is a community of organizations and stakeholders (players) operating within
a particular
business environment, which
collaborate and compete in an economic web of relationships.
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Surprise To Win: 3 Strategies
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Jack Welch's
5 Strategic Questions
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Competitive Strategies: 2 Types
These relationships co-evolve through time
subject to the general forces in the business environment and the specific
moves made by the web of players.1
Today, the business ecosystem replaced
traditional concepts of industry and market with business communities of
interacting organizations that together create, deliver and consume goods
and services. These ecosystems are complex networks of players, that go far
beyond traditional competitors, customers, and suppliers. They comprise
communities of organizations that collaborate and compete in economic web of
relationships."1
5 External Drivers of
Change
Customer-led
drivers – changes
in the market make-up such as
attitudinal moves in demand, income alterations, or demographic
shifts that change definitions of
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value and convenience...
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Strategy Formulation
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Corporate Strategy:
2 Logics
Strategy formulation is the process of
determining appropriate courses of action for achieving organizational
objectives and thereby accomplishing
organizational purpose...
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