Gear up and equip your organization for an entirely new competitive landscape
In The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders, two McKinsey & Company senior partners offer an incisive and eye-opening look at the emerging ecosystem economy and what it means for companies used to familiar sector siloes. In the book, you’ll explore how the most successful companies in the new economy aren’t the ones that have applied old-school best practices but, instead, have adopted entirely new mindsets and approaches for a fundamentally transforming market.
You’ll also find:
- Explanations of why it’s so important for companies to adopt a new approach in the face of a foundationally changing economy (and what they stand to gain)
- How the new ecosystem economy will continue to evolve and change, dissolving the borders between the traditional sectors of the economy
- A comprehensive ecosystem playbook that can be applied to firms of any size and in any sector
As the barriers between sectors and disciplines come down, organizations everywhere will need to reshape their thinking about value propositions, competition, partnership, organizational and operating models, and performance management. The Ecosystem Economy is your personal roadmap to navigating that new world. It’s ideal for managers, executives, and other business leaders seeking fresh new strategies and practical approaches for markets that bear little resemblance to the ones that came before.
Author(s): Venkat Atluri, Miklós Dietz
Publisher: Wiley
Year: 2022
Language: English
Pages: 234
City: Hoboken
Cover
Title Page
Copyright Page
Contents
Introduction: The Age of Ecosystems
Part One
Chapter 1 Sparks of Magic: The Road from Sectors to Earliest Ecosystems
The Rise of Conglomerates
Disney’s Hybrid Model
Conglomerates Elsewhere
The Evolution of Conglomerates in the West
Chapter 2 The Walls Come Tumbling Down: The Dawn of an Ecosystem Economy
The Four Hurdles
The Great Acceleration of Technological Progress
Consumer Behavior Evolution
Ecosystem 1.0
Ecosystems Elsewhere
Ecosystems in the US
Looking Back
Chapter 3 The Exhilarating Path Ahead: How the Uncertain Future Will Shape the Evolution of Ecosystems
Ecosystem Growth Will Continue
Emerging Ecosystems
Geopolitics
Major Regulatory Changes
Environment, Social, and Governance (ESG)
Artificial Intelligence Breakthrough
The Metaverse
Web 3.0
DeFi
Extreme Cyber Events
Acceleration of Space-Based Commerce
Biotechnology
Nanotechnology
Part Two
Chapter 4 Going Where the Puck Will Be: Choosing Where to Play in the New Ecosystem Economy
Example 1: Mobility as a Service
Example 2: Comfort and Security as a Service
Example 3: Integrated Small Business Services
Chapter 5 It Takes a Village: Finding Your Place in the Ecosystem, Choosing Your Role, and Picking the Right Collaborators
Orchestrators and Participants
Shades of Gray: A Spectrum of Ecosystem Roles
Ecosystem Necessities Analysis
Build, Acquire, or Partner?
Build, Acquire, or Partner Grid
Picking the Right Collaborators
Partnership Matrix
Example 1: Home
Example 2: Payment Fintech
Example 3: Health
Chapter 6 Survival of the Fittest—Changing fromthe Inside Out: How to Make the Leap
Organizational and Operating Model
Talent
Performance Management
Underlying Culture
Supporting Infrastructure
Conclusion: Conclusion: Ten Time-Tested
Principles for the Emerging Ecosystem Economy Finding Prosperity in a World of Sectors Without Borders
Acknowledgments
List of Illustrations
Notes
About the Authors
Index
EULA