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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.
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
The Tree of Business
8 Best Practices of Successful Companies
New Realities
and New Survival Strategies
In today's tidal wave of global economic,
technological, and social change, the name of the game for you and your
organization is survival.
New Economy: Key Features
You must understand how powerful forces are
aggregating once-distinct product and geographic markets, enhancing
market-clearing efficiency, and increasing specialization in the
supply chain.
What is Your
Competitive Strategy?
Competitive strategy
means deliberately choosing a different set of activities to deliver a
unique and superior mix of
value to the customer.
These activities are the basis of your
competitive advantage...
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Sustainable Competitive Advantage
6Ws of Corporate
Growth
To achieve
sustainable corporate growth, you and your people should live the
principles of
6Ws of Corporate Growth.
The "Six Ws" – what, why, who, when, where and how – are very powerful
words. Use them constantly to seek, either from yourself or from others, the
answers needed to manage effectively...
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3 Strategies of Market
Leaders
The market leader
is dominant in its industry and has substantial market share. If you want to
lead the market, you must be the industry leader in developing
new business models and new
products
or services. You must be on the
cutting edge of
new technologies and innovative
business processes. Your
customer value proposition must offer a superior solution to a
customers' problem, and your product must be well
differentiated...
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Differentiation Strategies
Business Architect
In today's knowledge- and innovation-driven
complex economy,
business architects
are in growing demand. They are
cross-functionally excellent people who can tie several silos of
business development expertise together, create
synergies,
design winning
business model
and a
balanced business system
and then
lead
people who will put their plans into action...
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