DESCRIPTION
When new technologies and competitors disrupt markets, numerous existing organizations struggle to carry on. Most likely reason is that they are inadequately prepared to cultivate new products and services amidst uncertainty.
Situations like this stimulate some organizations to partner with others. Fruitful partnerships comprise of having the appropriate people, processes, and organizational backing—in other words a whole ecosystem.
Setting up the correct type of Innovation Ecosystem is key in order to guarantee success and to detect and manage sources of conflict.
In many situations, the conventional approach for Innovation Ecosystem Strategy does not work. Research has come up with the following 6-phase approach to forming an Innovation Ecosystem Strategy that ensures success:
1. Define the area of exploration.
2. Find and attract the right partners.
3. Connect uncommon partners.
4. Connect the partners into an ecosystem.
5. Leverage opportunities to transform.
6. Allow partnerships to be flexible.
This presentation covers not only the 6-phase approach, but also discusses the concepts and applications of Centralized vs. Adaptive Ecosystems.
The slide deck also includes some slide templates for you to use in your own business presentations.
The Adaptive Innovation Ecosystem Strategy presentation is built on extensive research, including over 50 interviews with executives from leading companies like Samsung, Cisco, and Mastercard. This research delves into the nuances of both Centralized and Adaptive Ecosystems, providing a comprehensive comparison to help organizations determine the best approach for their specific industry context. The PPT emphasizes the importance of aligning the innovation ecosystem with the lifecycle of the industry, highlighting that Centralized Ecosystems are more effective in mature industries, while Adaptive Ecosystems are better suited for nascent industries.
This presentation also includes practical templates that can be customized for your organization's needs. These templates are designed to facilitate the implementation of the 6-phase approach, ensuring that you can seamlessly integrate the strategy into your business operations. The Adaptive Innovation Ecosystem Strategy is not just a theoretical framework; it is a practical guide that offers actionable insights and tools to drive innovation and maintain a competitive edge in today's rapidly evolving market.
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Source: Best Practices in Innovation PowerPoint Slides: Adaptive Innovation Ecosystem Strategy PowerPoint (PPTX) Presentation, LearnPPT Consulting
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