the building blocks through research building towards Business Ecosystem design.
During the month of August 2024 I undertook some fairly intensive research work on Business Ecosystems. Most of this was not just to compliment what I had already built and shared in different posts in the past few years but to push out the future thinking in a more comprehensive manner.
There are a lot of concepts that need to come together for thinking through and designing Business Ecosystems let alone to roll these out in very thoughtful and constructive ways.
I have found the study and application of Business Ecosystems is without doubt a constant ongoing journey that is constantly in flux, adaptation and learning. It is truly dynamic.
Today, we are faced with so much complexity that the approach to modern ecosystems needs this consistent attention and adapting
Open up your CEO’s innovating thinking to make the jump
Innovation must rely increasingly on interconnected organizations organized around a central focal point of value and impact. An ecosystem design should be in thought and design so that organizations can act differently on strategies, business models, leadership, and customer engagement to build new value and worth.
If we fail to recognize that innovation is vital to our business, to sustain it, and to enable it to grow, we eventually die. Today, more than ever, it is becoming an evolving collective endeavour. Increasingly, we are faced with growing complexities and challenges to resolve.
We need to foster collaboration between individuals, organizations, and institutions, creating a symphony of ideas that resonate far beyond the boundaries of any single actor.
The design and thinking behind the Composable Innovation Framework
I have been undertaking a significant revamp of two pivotal frameworks I have been building in the past twelve months that move towards Ecosystem thinking and design.
Part of this has been a renaming. I explained the Composable Innovation Enterprise concept in several posts last year. I have now shortened it to the Composable Innovation frame within its new positioning role, which is more central to applying the thinking towards Innovation Ecosystems.
Dynamics and Knowledge are essential to your future
Dynamism and knowledge insights are crucial to unlocking and stimulating new ideas or thinking. It is all about actively shaping thoughts or insights to navigate the changing terrain.
We do need to actively navigate the rapidly changing business landscape in multiple ways it is not just about reacting to external forces. It’s about proactively shaping the direction and actively participating in the evolution of your industry, your positioning and your own insights.
In today’s rapidly changing business landscape, the ability to build a strong case, stay informed, and think critically is the key to unlocking success and driving innovation.
Combining Ecosystems, technology and GenAI to unlock innovation
The concepts of ecosystem innovation and generative AI has arrived at the point where we need to question workflows have the real poential openness has become central to our process of thinking and development building.
Innovation does need reinventing as a discovery process. Radically different ways of capturing, extracting, and delivering value are emerging. Adopting ecosystem thinking and design, combined with Generative AI, has the impact of augmenting, automating, and rapidly scaling innovation in significantly different ways than ever before.
In one of my posts, “Embrace AI-driven innovation; it is the future,” I looked specifically at how the (traditional) innovation management process will change. The deployment of AI-driven thinking utterly alters my perspective of “delivering” innovation.
New Business Design- Empower Your Business Ecosystem.
When looking at radically different thinking and design in business, where Ecosystems become central, you need to ask yourself what industries would benefit from such an alternative design and thinking due to the changing complexities and challenges they are facing.
Are these pressures in their known and emerging markets posing future threats for businesses and whole market sectors?
Markets today are radically changing and are more demanding. The growing need to face growing complexity and challenges constantly unsettles the normal.
The value of opening up and embracing Ecosystems in design and thinking is that you can attract diverse expertise and knowledge into fresh partnerships and collaborations that can piece together radically different value propositions and shift competitors’ positioning.
I decided this posting site to be the principal supporting site for building different insights and understandings of Ecosystems. The main framework around the Hierarchy of Business Ecosystems Needs is over on www.ecosystems4innovating.com; in a series of detailed posts on each layer of the Ecosystem construct, take a look at each part in explanations of why each Ecosystem is interconnected and feeds the others.
On this site, I have been exploring issues associated with building Ecosystems, each valuable to read, such as collective learning, resistance, values of interconnected layers, barriers, a blueprint and a base post of “Why Ecosystems” and illustrating where and how ecosystems think and design are emerging.
Scroll down the home page or enter the topic in the search box to find these ready to read on this posting site. They provide a sound basis for considering Ecosystems by working through the views offered.
In this post, I provide different industries’ challenges that lend themselves to Ecosystem thinking and Design.
As I begin my outline of the Hierarchy of Business Ecosystem needs, I believe it is essential to place this appropriately into the context of why.
Business Ecosystems have emerged as powerful catalysts for driving transformative change and fostering collaborative solutions in today’s complex and interconnected business landscape. As organizations open up their thinking and embrace ecosystem approaches, they experience a profound shift in perspective, recognizing the value of diverse partnerships and the need for new management models. Ecosystems provide innovation activities to multiply.
In this opening post to support this Hierarchy proposal, the critical point is today, ecosystems and their role are all about delivering increased value, building synergies, and addressing complex challenges while increasing the need for collaborative solutions rather than stand-alone ones offered by one organization.
By fostering collaboration, knowledge exchange, and co-creation, ecosystems offer a pathway to sustained growth and impact, unlocking untapped potential through co-creation and cooperation that bring more significant impact and return.
The interplay potential in exploring the combination of humans, technology and AI
This interplay between humans, technology, and AI is dynamic and involves continuous interaction, collaboration, and feedback between these elements. The future of innovation, by combining these, offers a very rich promise to provide a fascinating and different future.
Firstly, this interplay needs some higher-level thinking to put some insights into what this interplay might look like and lead to:
Innovation is certainly a complex and dynamic process that involves many factors and actors and I certainly feel it has been shifting in its focus. I have been thinking of where we have been placing the emphasis over the past ten years.
I decided to ask GPT-4 what major shifts have occurred in how we approached innovation ten years ago and today. It was suggested that these were the following.
Do you agree, what do you feel is missing? I like the broad shifts indicated but what has been missed?
I wrote a mini-series of three posts to introduce a radical concept that envisions the energy transition as a living, evolving entity that bridges technology and nature, sparking profound shifts in how communities generate, consume, and perceive energy.
It aims to trigger innovation engagement and activation strategies to change the energy transition dynamics within a community setting, offering decentralized community energy.
It focuses on the community in a decentralized way for its energy. It challenges established norms and prompts a complete reimagining of our relationship with energy and the environment through innovation, creativity and ecosystem thinking and design.
Imagine transforming the energy transition into a holistic ecosystem of interconnected businesses, each contributing unique value to accelerate sustainable energy adoption.
The links to take you to the sites where you can read the proposed solution are at the bottom of this post.
Introducing the Energy Transition Nexus: A Living Energy Organism” that challenges the Conventional Approach to the Energy Transition
