Value Creation Dynamics | Paul4innovating Innovation Views

Pitching of the Interconnected Business Ecosystem Framework

The Interconnected Business Ecosystem driving impact and increased value.

I am working to validate and expand on the value proposition of the Interconnected Business Ecosystem Framework and have tried to create, hopefully, a compelling pitch that will bring others on board to advance this initiative. I have published this pitch on both of my primary sites, discussing innovation, business, and ecosystems, as they both provide a combination effect for understanding this framework.

I initially called this “the hierarchy of business ecosystem needs,” which built out an interconnected framework of business ecosystems that give organizations a real alternative to how they operate today and in the future.

I provided a comprehensive series of outline papers as the introduction phase earlier this year, which provided the concepts forming a cohesive outline structure of how organizations should think through the future. Also, I provided an earlier view on my paul4innovating.com posting site of “pitching business ecosystems opens up the possibility of real change.”

We need to really open our thinking towards collaborative ecosystems. This is one of openly collaborating and co-creating in different Ecosystem structures and designs to provide a greater diversity of opinions, knowledge, and resources.

This “pooling or network effect” forms around more complex challenges to tackle, thus giving a more sustaining and hopefully greater value in solutions to the needs of their customers, markets, or areas of need.

I have recognized this needed rebranding- hierarchy has some negative connotations.

I have now entitled this The Interconnected Business Ecosystem Framework as it reflects the essence of what I believe this framework provides

Is Innovation evolving in the way I see it going?

Innovation is evolving, the future will be different

I have been asking Google’s Gemini a series of questions about innovation, how it has evolved in the past twenty-five years, and where it seems to be heading.

This is the third and final part of my questioning on looking towards the future and how innovation will evolve, starting from the original thread of looking over the evolution of innovation in the past twenty-five years, since 1999.

This post is about what has evolved and then what will evolve. There is a very different innovation pathway ahead of us, and then I touch upon a vastly different future at the end of this post.

Innovation will evolve very differently, linked tightly to the organization’s future design, no more cutting it loose, housed separately or outside the core.

Have organizations become more collaborative over 25 years? What has enabled that?

Collaboration, Idealization and the enabling of innovation

I have have been looking back at innovation and how it has changed over the last twenty-five years. In a series of three posts, I have asked Google’s Gemini to answer five questions to track and trace the progress innovation has made and where it seems to be heading.

This is the second post looking more at collaboration and idealization and how and what has helped it evolve in this period. Hopefully, this change has enabled better value creation and learning how to innovate. (First post here)

So this post, in a series of three, looks at the answers given by Google’s Gemini on how collaboration and ideation evolved the organization’s ability to adapt and what helped.

Returning to the Hierarchy of Business Ecosystems

Building out the Hierarchy of Business Ecosystems

In January of this year, I introduced the thinking behind “the Hierarchy of Business Ecosystem needs.” This framework was outlined initially in a series of seven posts on my dedicated ecosystem posting site.

On this posting site here, I provided numerous supporting posts in “given” areas of Business Ecosystems that covered some areas I felt were important explainers. This filled a number of critical gaps in building a more comprehensive understanding of Business Ecosystems in their different parts for providing a “fitting” context.

If you go to the “Explore My Insights and Thinking” tag shown above, you will see there are two files you can download that provide all of these posts in a PDF format.

In all, I think I wrote 20-plus posts during the weeks that followed with a final post of “Why are we navigating to the New: A summary of the Hierarchy of Business Ecosystem needs” By just reading this, you can pick up on a reasonable understanding of what I was suggesting.

My conclusions from that final post was

“The Hierarchy of Business Ecosystem Needs presents a holistic approach to navigating the complexities of the modern business landscape. It emphasizes collaborative ecosystems as the key to unlocking untapped potential, driving sustained growth, and achieving collective prosperity.

Pitching Business Ecosystems opens up the possibility of real change.

Designing the Business Ecosystem Approach

I have been looking at different ways to pitch Business Ecosystems recently for some evolving and hopefully sustaining work.

You can “pitch” to clients in several different ways. Some know their problems, while others don’t recognize them until they are prompted or confronted. If you have a tried and tested way to solve problems, you can become a little blocked from considering something that looks on the surface as radically different, but underneath might be the pathway (to salvation) for new sustaining solutions.

Pitching business ecosystems has to gain attention and be seen as a (radically) different way to tackle growing complex and challenging business problems. The problem for many is that it does “confront” them in considering the multiple layers of what this might mean regarding changes in mindset, organization thinking, and design, rethinking trust by opening up to others outside your existing network and adapting to a new way of design and thinking.

I will tackle different approaches over several posts, but first, let’s look at organizational strategies and the distinct advantages Business Ecosystems can have compared to the more traditional ways of tackling challenges today.

Achieving an Ecosystem AI-driven innovation engagement process

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.

Should we step into the realm of Business Ecosystem Collaborations?

Exploring Complexities of Business Ecosystem Collaborations

Why should “we” step into the realm of ecosystem collaborations? What does one organization give away and has to overcome in constraints and organizational barriers that form part of those lingering concerns regarding embracing Business Ecosystems?

The question always starts with “do I not give away more than I have as an individual entity?” What would make this attractive is overcoming many of the unknowns. It is hard to know the cost/return/risks and value when you begin this journey. Do you give away intellectual property or gain more from collaborations?

Still, you have to contain the change and disruption by recognizing these unknowns are offset by the many immeasurable benefits that arise as you explore and exploit the collaborative benefits and scope and scale potentials.

“Would it make my organization a market challenger, provide first mover advantage? How would I contain the step process, and how would I see this taking shape?”

You do need to provide a compelling case that addresses these concerns.

I offer here many distinct aspects and strategic advantages. Collaborations are challenging but exciting and potentially rewarding, but they radically differ in how you conduct business. They are complex.

Business ecosystems give strategic advantages that offer levels of uniqueness and competitive advantage and can fulfil customer needs far more than “stand-alone” solutions.

Business Collaborations are needed more today due to growing complexities and challenges requiring a radically different unlocking method. The validation for such a radical change in operating this requires working through systematically. Let’s offer some of these here.

The building blocks of open innovation lead towards Business Ecosystems.

The building blocks of open innovation building towards Business Ecosystem design.

By incorporating Open Innovation Strategies as the next building block, businesses can create a dynamic and expansive innovation ecosystem beyond internal and partnership and certain collaborative boundaries.

This approach supports a culture of continuous learning, adaptation, and external collaboration, positioning the organization for sustained success in an ever-evolving business landscape that recognizes and learns how to collaborate and co-create, moving towards recognizing the value of Business Ecosystems.

Embracing Open Innovation Strategies as the next building block complements the collaborative nature of Business Ecosystems and broadens the innovation landscape out into a world of new possibilities where collaboration, co-creation and cooperation become realised for building and delivering products, concepts, and services that have new unique value and impact.

Examples of Businesses navigating complexity by fostering Ecosystems.

Several business organizations have committed to navigating complexity, fostering dynamism and originality in approaching innovation and business ecosystems.

These have been addressing and adapting to these rapidly evolving changes by quickly spotting and seizing the potential of exploring new ways to undergo business.

We all recognise that markets are changing, complexity is growing, and challenges are more formidable to manage without extended help. This requires all businesses to face rapidly changing business environments to design their response rates and abilities to react differently. How radical will this be?

It is the connecting up of opportunities with the ability to design the solution in highly exploratory and exploitative ways of learning that begin to break down complexity and see new ways to evolve. This is where Ecosystems in thinking and design come in.

By reacting and exploring, searching for change and competitive advantage, each company below has explored through technology and partnerships opportunities that build upon their Ecosystem’s unique strengths.

New Business Designs can be delivered through a Business Ecosystem Approach.

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.

Category: Value Creation Dynamics