In the face of disruption, uncertainty and volatility, businesses need to innovate fast. And in many cases rapid scaling up of these innovations is imperative. Traditional organisations such as vertically integrated companies, supply chains or hub and spoke networks are often too slow and incapable of reacting quickly enough. Professor Arnoud De Meyer and his co-author Professor Peter Williamson from the Cambridge University have recently published their case based research on how ecosystems of companies are much more agile and can enable you to react fast to disruption. Ecosystems are a relatively new way of bringing companies with complementary capabilities together in a relatively loose network of organisations and individuals that co-evolve these capabilities and roles and align their investments so as to create additional value and/or improve efficiency. Some of the cases they studied are Alibaba, Amazon Web Services, Rolls Royce, The Guardian, ARM and BCS (Singapore). In this podcast you will hear some of their observations on why ecosystems are well suited to cope with uncertainty, how you can unlock the advantages offered by ecosystems, and what kind of leadership is needed to steer an ecosystem.
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