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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
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. 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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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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6Ws of Corporate Growth
To achieve
sustainable corporate growth, you and your people should live the
principles of 6Ws of corporate 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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