Evolving Ecosystems

Business ecosystems are creating new market offerings through alliances that deliver a clear solution to consumer needs. In particular, ecosystems allow partners to create greater value collectively than they could individually.

The concept is not new, but the growth in communication technologies, changes in consumer regulations, and changing customer expectations are now converging to provide fertile ground for a surge in ecosystems.

However, ecosystems need a different mindset from traditional strategy development. Businesses must envisage an arena beyond their familiar sector, markets and own capabilities, whilst working through their strategic “where to play” and “how to win” choices.

Download the full article on Evolving Ecosystems to read more on what ecosystems are all about, what’s driving them, potential risks to account for, and how ecosystems affect fundamental strategic choices on “where to play” and “how to win” for your organisation.