How ecosystems can help transform your business
Shifts in technology, growing expectations from consumers and society, the effects of climate change, and increased globalization and geopolitical tensions all require more than just an immediate response from businesses. The need for constant adaptation and transformation is now an absolute imperative.
It will take a collaborative approach to tackle these challenges. No business can do it alone.
Recent technological advances are removing barriers and enabling businesses to connect and collaborate in ways that were previously either impossible or insurmountable. This is leading to the rise of complex multi-lateral collaborative “ecosystem” business models that are helping businesses solve their most challenging problems quickly, dynamically and efficiently.
To remain competitive and avoid being disrupted, business must adapt to this paradigm shift. By orchestrating the right data, skills, technology, capabilities and insights, business can remain competitive, spark innovation, reduce costs, and create new forms of value for themselves, the market and their customers.
While the value ecosystems represent is no longer in question, a recent survey of over five hundred global leaders across twelve different business functions identified that seventy-seven percent of business leaders struggle with issues related to their ecosystem strategy or planning. Featuring the survey results and insights from Dell, IBM, Partnership Leaders, Workspan and more, The CEO Imperative: Are you mastering your ecosystem strategy? identifies the three key pillars that serve as the foundation for a successful, scalable partner ecosystem.