Showing posts with label ecosystem businesses. Show all posts
Showing posts with label ecosystem businesses. Show all posts

Ecosystem Business Strategies

It seems business leaders today must recognize and implement two distinct kinds of business strategies.  One strategy for well established businesses in traditional industries designed to maximize efficient operations.  The other is ecosystem business strategies required for innovative, fast transforming and emerging business environments.

In the traditional automobile manufacturing industry, competitors and suppliers were well known and competition was mostly centered around incremental design changes and improving efficiencies.  Today electric vehicle (EV) manufacturers often use new and different supply chain ecosystems, and are just as likely to emerge out of Silicon Valley as Michigan.  

Interviews with Kevin Benedict